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Medical Marijuana

New Research Shows Promise In Cannabis Fighting Dementia

Category: Medical Marijuana | Posted on Mon, July, 25th 2016 by THCFinder

Do you know someone suffering from dementia?  Chances are, you do (or have) because the sad statistic is that one in three seniors dies with dementia.  And the incidences are expected to triple in the near future.

Alzheimer’s disease is the most common form of dementia.  The most promising research for Alzheimer’s disease?  Marijuana, but sadly, cannabis is illegal in most places.

EVERYONE SUFFERS BECAUSE OF DEMENTIA (WELL ALMOST EVERYONE)

Dementia is expensive.  The US estimates that in 2016, dementia will cost the country $236 Billion.  That’s a “B”. Billion.  (*Sheesh. With that much money in play, I imagine someone is profiting, somewhere?)

Read More:http://www.theweedblog.com/new-research-shows-promise-in-cannabis-fighting-dementia/


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City OK’s Medical Marijuana – Instantly Erases Debt

Category: Medical Marijuana | Posted on Mon, July, 25th 2016 by THCFinder

“What a long strange trip its been…’ we listened to the citizens and created a package that was reflective of the population…”

This from Mayor Patrick Keogh of the central California city of Coalignia summing up six months of intense debate over marijuana policy. Now, with the allowance of cultivation and processing within the city, Coalinga was able to finalize a deal with Marijuana producer Ocean Grown Extracts regarding the sale of a dormant prison for use as a production facility.

The $4.1 million sale “will immediately bring Coalinga’s general fund into the black,” according to a report from The Fresno Bee. “City Manager Marissa Trejo said Coalinga was $3.3 million to $3.8 million in debt.”

Read More:http://www.theweedblog.com/city-oks-medical-marijuana-instantly-erases-debt/


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Next Stop For the CBD Oil Industry: Dog Treats

Category: Medical Marijuana | Posted on Sun, July, 24th 2016 by THCFinder

Cannabidiol oil, or CBD oil, is one of the most common cannabinoids found in marijuana, along with THC. This oil is extracted from industrial hemp instead of recreational marijuana and sold in states across the country where it has already been legalized.

Although it is still not legally permitted in every state, it has risen in popularity over the last few years because of its medicinal uses. Consumers use CBD oil to alleviate general aches and pains, headaches, anxiety and other common ailments. It can currently be found in many forms including capsules, topical creams and tinctures. But, manufacturers have now found a new way to use CBD oil and wholesale distributors, retailers and consumers may be surprised to learn that it’s in dog treats!

Read More:http://www.theweedblog.com/next-stop-for-the-cbd-oil-industry-dog-treats/


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FLORIDA’S FIRST MEDICAL MARIJUANA DISPENSARY WILL OPEN NEXT WEEK

Category: Medical Marijuana | Posted on Fri, July, 22nd 2016 by THCFinder

It has been two years since Florida Governor Rick Scott put his signature on a modest bill legalizing low-THC cannabis products for the state’s seriously ill patients, an act that spawned more trials and tribulations than productivity, causing many of the people who qualify for the program to abandon all hope. However, the wait for medicine is apparently over – the state’s first medical marijuana dispensary is scheduled to open next week.

On Wednesday, the Florida Department of Heath gave permission to Trulieve, the state’s chosen cannabis company of the north, to begin selling medical marijuana in its Tallahassee dispensary and making deliveries to patients all over Florida. The dispensary will reportedly provide those people who qualify for participation in the program with non-smokeable cannabis products ranging from capsules to vapor liquids.

Read More:http://hightimes.com/news/floridas-first-medical-marijuana-dispensary-will-open-next-week/


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Reefer Madness! Medical Marijuana Is Already Saving $165M Per Year For Medicare

Category: Medical Marijuana | Posted on Tue, July, 19th 2016 by THCFinder

This news will give anti-marijuana crusaders fits.

 

A new study in the journalHealth Affairs looked in great detail at prescription drug usage in U.S. states that have legalized medical marijuana. Researchers Ashley Bradford and David Bradford collected Medicare data for the period 2010-2013 to answer two questions: are patients choosing marijuana instead of prescription drugs for conditions that marijuana might treat, and what has been the overall effect on Medicare spending?

 

The bottom line: In 2013 alone, when 17 states had legalized medical marijuana, Medicare saved over $165 million. A simple extrapolation suggests that if all states legalize marijuana, annual savings could be triple that amount, $500 million. (Obviously this extrapolation is over-simplified: It depends on the actual populations of those 17 states, and it only considers Medicare. Commercial healthcare plans may save far more.)

 

Read More:http://www.forbes.com/sites/stevensalzberg/2016/07/18/reefer-madness-medical-marijuana-is-already-saving-165-million-in-medicare-costs/#5358a8f7eb6b


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Rescheduling Pot: Bad For the Nation’s Cannabis Industry, Good For The State of Illinois?

Category: Medical Marijuana | Posted on Tue, July, 19th 2016 by THCFinder

This article is written by Bob Morgan, health care Special Counsel at law firm Much Shelist. For more articles from Bob Morgan, visit www.muchshelist.com/attorney/bob-morgan.

By now you have all heard the rumors that the federal government may change cannabis from a Schedule I drug to Schedule II under the U.S. Controlled Substances Act.

This would be the biggest thing to happen to Cannabis since Nixon decided he wanted a statement on marijuana that “just tears the ass out of them” 45 years ago.

There are hundreds of questions that will need to be answered if that decision occurs, as alluded to in this April DEA letter to the US Senate. But let’s focus on one question that could dramatically impact the Illinois medical cannabis program – what if cannabis can legally be transported across state lines?

Read More:http://www.theweedblog.com/rescheduling-pot-bad-for-the-nations-cannabis-industry-good-for-the-state-of-illinois/


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