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As Weed Prices Drop, Growers Try to Cut Costs and Increase Efficiency

Category: Culture | Posted on Fri, January, 20th 2017 by THCFinder

Weed prices are falling, as formerly illegal pot growers are coming in from the cold and investing the money they’d been stashing under their pillows into legal grow sites—thus pushing up supply while making less money for cultivators.

An analysis by Bloomberg Markets views this as an opportunity for companies to cut production costs and focus on efficiency.

“Anybody that is investing in this sector or starting a business in this sector needs to be doing so with the understanding that the price of cannabis is going to drop precipitously,” said Troy Dayton, CEO of Arcview Group, a California-based cannabis investor group. “The agricultural technology space is already booming, and now they get to lay their hands on the cannabis industry.”

Read More:http://hightimes.com/business/as-weed-prices-drop-growers-try-to-cut-costs-and-increase-efficiency/


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What strain are you smoking on today?

Category: Fun | Posted on Thu, January, 19th 2017 by THCFinder


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National Academy Of Sciences Pushes For Rescheduling Of Marijuana

Category: Tokers | Posted on Thu, January, 19th 2017 by THCFinder

The Drug Enforcement Administration (DEA) may believe marijuana is as harmful as heroin, but the science community is backing down on demonizing marijuana.

 

The National Academy of Sciences released a new report last week that reviewed 10,000 scientific abstracts and reached nearly 100 conclusions that found many medical uses for marijuana and cannabis-derived products. “For years the landscape of marijuana use has been rapidly shifting as more and more states are legalizing cannabis for the treatment of medical conditions and recreational use,” said Marie McCormick, chair of the committee and is a professor of pediatrics at Harvard Medical School in Cambridge, MA. “”We conducted an in-depth and broad review of the most recent research to establish firmly what the sciences says and to highlight areas that still need further examination.”

 

Read More:http://www.forbes.com/sites/debraborchardt/2017/01/18/national-academy-of-sciences-suggests-removing-barriers-to-cannabis-research-basically-deschedule/#51edaca5507e


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Dexter - Batista and Quinn Smoke Weed

Category: Videos | Posted on Thu, January, 19th 2017 by THCFinder


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Bill to Allow Medical Cannabis at Schools Filed in Washington State

Category: Medical Marijuana | Posted on Thu, January, 19th 2017 by THCFinder

Legislation to allow for minors to be administered cannabis-based products for medical use while on school grounds has been filed in Washington’s House of Representatives.

House Bill 1060 would allow parents, guardians, and primary caregivers to administer medical marijuana products to students if they are qualified patients who have received a recommendation from a physician. “School grounds” includes school buses and school-sponsored events.

Below is the legislative digest for this measure:

Read More:https://www.theweedblog.com/bill-allow-medical-cannabis-schools-filed-washington-state/


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