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Former California Prison Gone To Pot?

Category: News | Posted on Tue, March, 15th 2016 by THCFinder

A vacant California prison that once housed inmates, presumably some of whom were locked-up for marijuana crimes, could serve a surprisingly different function if one California marijuana company has its away. Ocean Green Extracts, a cannabis concentrate producer in Southern California, wants to turn the defunct Claremont Custody Center into a marijuana grow and cannabis oil production center, the Fresno Bee reports.  

As unlikely as it sounds, Ocean Green pitched the idea to the Coalinga mayor and city manager last month, and, according to the Bee, the city council supports the prison-to-pot proposal. Local residents, however, may be harder to convince: If Ocean Green gets its way, Coalinga would become the first in the San Joaquin Valley to allow for medical marijuana.  

Read More:http://www.hightimes.com/read/former-california-prison-gone-pot


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Pittsburgh NORML Issues Statement On Martavis Bryant NFL Suspension

Category: News | Posted on Tue, March, 15th 2016 by THCFinder
martavis bryant marijuana

(image via CBS Sports)

By now most of Steeler Nation has undoubtedly learned that the black & gold will be without the services of our “star in the making” Martavis Bryant for apparently skipping drug tests with the presumption being that he would fail. Mr. Bryant, as we will recall, missed the first four games of the 2015 season due to cannabis use which is prohibited by the NFL.  I have heard people call him a bad teammate, selfish, immature. I have heard “what a waste of talent” and “he could have been . . . ” I have also heard that Mr. Bryant is hardworking and humble, and in near constant pain from game days.

The NFL, like any employer, is free to set conditions of employment. If Mr. Bryant’s suspension is due to cannabis use the NFL is free to suspend him pursuant to the contract negotiated with the player’s union. Mr. Bryant is no different in this respect from the City sanitation worker, the fire-fighter or anyone else who takes a job knowing that clean urine screens are a condition of employment.

The NFL, however, is no ordinary employer. It makes millionaires out of young men. It demands they engage violent collisions on a weekly basis to entertain the legion of fans. We know that players suffer long term chronic and crippling pain for years. Chicago Bears Super Bowl winning QB Jim McMahon recently detailed his struggles with pain throughout his career and especially since retirement. Former Steelers CB Ryan Clark decried the practice of handing out prescription opioids in the training room with no consideration of the long term effects. Was Mr. Bryant opting for cannabis to treat pain instead of pharmaceuticals? I do not know and will not presume to speculate. I do know that our nation is in the midst of an opioid prescription drug abuse epidemic. One would think the NFL would be open to considering a non-toxic, natural treatment alternative for its most valued assets – its players.

Read More:http://www.theweedblog.com/pittsburgh-norml-issues-statement-on-martavis-bryant-nfl-suspension/


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GW Pharmaceuticals’ Stock Value Grows After Study Results Revealed

Category: News | Posted on Tue, March, 15th 2016 by THCFinder

epidiolex gw pharmaceuticalsMany in the marijuana world have worried a lot about big pharmaceutical companies taking over the industry. While I think that some of those fears are a bit overblown, I definitely am a little concerned too. I think that big pharmaceutical companies are going to flood the industry, and that there’s not a lot that can be done to stop it. With that being said, I think that there will always be a place in the marijuana industry for small businesses because they have the products that true veteran cannabis consumers really want.

Yesterday was a big day on the marijuana industry front, especially from a pharmaceutical company standpoint, as the results from a study were released by GW Pharmaceuticals. The results were favorable, and the news sent GW Pharmaceuticals’ stock soaring. Per Marijuana Business Daily:

A British maker of cannabis-based drugs revealed some sorely needed good news on Monday, announcing that an epilepsy medicine it created has successfully treated a severe form of epilepsy in children,according to Reuters.

In a clinical study, GW Pharmaceuticals said its Epidiolex syrup reduced the monthly number of seizures in children with Dravet’s Syndrome by 39%, compared to a placebo that reduced the seizures by 13%.

The results of the clinical study propelled the Cambridge-based firm’s stock price to $81.67 in morning trading on the Nasdaq, a gain of more than 112% over Friday’s closing price of $38.46.

Read More:http://www.theweedblog.com/gw-pharmaceuticals-stock-value-grows-after-study-results-revealed/


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Marijuana Industry Impact Projected To Grow To 44 Billion By 2020

Category: News | Posted on Mon, March, 14th 2016 by THCFinder

The marijuana industry is full of eye catching numbers. One that caught a lot of headlines today was the figure of 44 billion dollars, which is what Marijuana Business Daily projects the marijuana industry impact to be by the year 2020. That’s an enormous number, but considering what Colorado was able to do in just January 2016 alone, and that’s just one state. That number is extremely achievable if some political victories are achieved.

There are a number of states that are in the process of implementing marijuana reforms, and even more that are potentially legalizing medical or recreational marijuana. A lot can happen between now and 2020, especially this year because of the election. In order for the industry impact to grow to tens of billions of dollars there would need to obviously be some victories, but I’m very confident that will happen. That’s in addition to growth in states like Colorado and Washington that are continuing to grow. Below is a chart released by Marijuana Business Daily showing their projected growth:

Read More:http://www.theweedblog.com/marijuana-industry-impact-projected-to-grow-to-44-billion-by-2020/


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Cops caught on camera eating sweets after raiding medical marijuana dispensary will be charged

Category: News | Posted on Mon, March, 14th 2016 by THCFinder

Police who were filmed passing around candy bars and joking about feeling “light headed” after raiding an Orange County medical marijuana dispensary are heading to court to face charges for theft and vandalism.

When the Santa Ana Police Department (SAPD) shut down the Sky High Dispensary, they opened a can of worms. Police knocked down the doors and used crowbars to destroy all of the security cameras in the store – or so they thought. The remaining cameras caught police on their worst behavior. The cops were filmed passing around candy that was believed to be laced with weed.

Read More:https://www.rt.com/usa/335608-cops-medical-marijuana-charged/


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Legal Hemp Production Making a Comeback after 80 Year Ban

Category: News | Posted on Sun, March, 13th 2016 by THCFinder

It has been eight decades since U.S. drug laws made growing hemp in American soil illegal. 

Today barely one percent of Americans are farming hemp. Before it was prohibited in 1937, that number was 30 percent and our hemp was consider among the best in the world.  

Hemp is finally beginning to make a comeback after President Obama signed a provision in the 2014 farm bill that removed hemp grown for research purposes from the Controlled Substances Act. 

Many are finally recognizing that hemp can help restore our agricultural economy, have a positive impact on climate change and help our struggling farmers. According to a report in the LA Times,Canada already knew that and is raking in a billion a year on its hemp production.  

Read More:http://www.hightimes.com/read/legal-hemp-production-making-comeback-after-80-year-ban


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