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DEA Eases Restrictions on CBD Research to Benefit Big Pharma

Category: News | Posted on Fri, January, 1st 2016 by THCFinder

There was speculation last week that the U.S. Drug Enforcement Administration might be on the verge of downgrading the Schedule I classification of the cannabis plant. Unfortunately, the end result proved the implications behind the rumors were somewhat overstated, as the agency simply moved to ease the restrictions surrounding one of the herb’s most infamous non-intoxicating compounds in an effort to abridge the research process for Big Pharma.

Last Wednesday, Tom Angell with the Marijuana Majority revealed that he had obtained a letter from Congressman Earl Blumenauer that suggested the Food and Drug Administration and DEA were finally working together to reclassify marijuana under federal law. Although the details were vague,the document, which was sent to Blumenauer by the Justice Department, clearly states that the “DEA is currently reviewing two petitions to reschedule marijuana in accordance with the [Controlled Substances Act].” 

The news of this development generated a great deal of excitement in marijuana advocates across the nation. The consensus was that regardless of how small the reform, if the federal government did finally decide to change the Schedule I status of the cannabis plant, it would be a big step in the right direction. An article published in SF Weekly suggested, “The drug is in a good position in Schedule I” because “there’s nowhere to go but down.” 

Read More:http://www.hightimes.com/read/dea-eases-restrictions-cbd-research-benefit-big-pharma


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Start the new year on a high note.

Category: Fun | Posted on Thu, December, 31st 2015 by THCFinder


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Company to Offer First Medical Marijuana Certified as Kosher

Category: News | Posted on Thu, December, 31st 2015 by THCFinder

Vireo Health says its non-smokable medical cannabis products have been certified as conforming to the Jewish dietary law by the Orthodox Union.

Vireo says it's the first time a medical cannabis product has been deemed kosher.

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The Orthodox Union says it awarded certification after inspecting Vireo's facilities to ensure the marijuana was grown and processed according to kosher standards. Those include, for example, insect-free plants.

Vireo says the certification will help the company serve patients among New York's Jewish population, the nation's largest. Its program is slated to start next month and will serve patients in New York state with certain qualifying conditions.

Source:http://www.nbcnews.com/business/business-news/company-offer-first-medical-marijuana-certified-kosher-n488161


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Stoned on Sesame Street

Category: Videos | Posted on Thu, December, 31st 2015 by THCFinder


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Recreational Marijuana Sales Tax Begins Next Week In Oregon

Category: News | Posted on Thu, December, 31st 2015 by THCFinder
marijuana taxes tax

(via dailyfinance.com)

Limited recreational marijuana sales began in Oregon on October 1. Since that time, customers have not had to pay any tax on recreational marijuana. That changes next week when a recreational marijuana sales tax goes into effect in Oregon. Per Oregon Live:

Recreational marijuana consumers in Oregon should prepare for sticker shock starting Monday when a 25 percent sales tax kicks in.

The Oregon Legislature this year signed off on allowing medical marijuana dispensaries to sell recreational pot to anyone 21 and older. Those sales, which began Oct. 1, have been tax free. But that holiday comes to an end Jan. 4, when the state will impose a sales tax that extends until the end of 2016.

The Oregon Liquor Control Commission, the agency regulating the recreational marijuana industry, isn’t expected to open stores until late 2016. Once the liquor commission’s program is up and running, the 25 percent tax will be replaced with a permanent 17 percent sales tax.

Read More:http://www.theweedblog.com/recreational-marijuana-sales-tax-begins-next-week-in-oregon/


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