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You'll Never Guess What Marijuana Is Being Blamed for Now

Category: News | Posted on Mon, December, 14th 2015 by THCFinder

We're less than three weeks away from the calendar ticking over to a new year -- a year that very well could be the most important for the marijuana industry to date.

We can certainly look back on some of the milestone events within the marijuana industry over the past two decades and argue that they've been pivotal moments in the advancement of the currently illicit drug. California becoming the first state to legalize medical marijuana in 1996, and both Washington and Colorado legalizing recreational marijuana in 2012 are two events that come to mind. However, the 2016 elections could feature in the neighborhood of a dozen ballot referendums or amendments to legalize recreational marijuana in states where the drug is currently legal for medical use.

For example, California, the most populous state in the country and the one that could arguably have the biggest impact on an eventual legalization of the drug, is expected to offer a referendum for residents to vote on the legalization of the drug for recreational purposes. President Obama has previously suggested that the best way to get the attention of federal lawmakers who believe marijuana legalization is an issue of low importance is to continue to pass recreational and/or medical laws on a state-by-state basis. If the numbers are clearly in favor of legalization, and states demonstrate that they can safely and effectively regulate the drug, Congress may be more likely to act.

Read More:http://www.fool.com/investing/general/2015/12/13/youll-never-guess-what-marijuana-is-being-blamed-f.aspx


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Israeli Vets See Empty Promise in Medical Marijuana Program

Category: News | Posted on Sun, December, 13th 2015 by THCFinder

After years of research into the question, in July of last year Israeli authorities made post-traumatic stress disorder the only psychiatric condition for which the Health Ministry will approve the use of medical marijuana. The decision, backed by the Israel Psychiatric Association, was a cause for optimism among many Israeli veterans suffering from PTSD.

But a sobering account in Israeli daily Haaretz Dec. 8 finds that actually getting the stuff has proved difficult for sufferers—starting with the problem of getting the necessary doctor's recommendation, and then bureaucratic obstacles once they do. "We are a very small group of three or four psychiatrists who believe that in some PTSD cases cannabis is helpful," said psychiatrist Dr. Ilya Reznik, an Israeli executive board member of the International Association for Cannabinoid Medicines. "The pressure on our clinics is impossible. This is partly because people who get a permit and don’t come in every three months for follow-up risk losing their permit."

The Health Ministry justifies the restrictions by citing studies "indicating significant dangers in giving cannabis in cases of mental illness or addiction." But Reznik sees a double standard. "The most serious drugs we give—addictive drugs—there's no problem, but when it comes to cannabis, the Health Ministry feels it has to protect the patients," he told Haaretz. "Cannabis is the only material where the Health Ministry interferes in the doctor-patient relationship." 

Read More:http://www.hightimes.com/read/israeli-vets-see-empty-promise-medical-marijuana-program


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This Secret Document Reveals One Big Bank's Crazy Marijuana Plans

Category: News | Posted on Sun, December, 13th 2015 by THCFinder

It was only a matter of time: Wall Street heavyweight Merrill Lynch, the wealth management division of Bank of America, has apparently already started thinking about its role in the marijuana industry.

A 45-page equity report leaked to Philly Inquirer columnist Chris Goldsteinsuggests that Merrill Lynch is paying close attention to the budding industry. The company says that it's particularly "bullish on the cannabis testing market."

A prospective investor who received the report last week recently shared it with Goldstein. It included information about various components of cannabis such as THC and CBD, state medical marijuana laws, medical conditions that marijuana has been shown to treat, public polling, and details about "publicly traded companies already operating in the sphere."

Read More:http://www.attn.com/stories/4648/bank-of-america-merrill-lynch-marijuana-industry-plans


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Illinois Medical Marijuana Patients Sent Letters Telling Them They Can’t Own Guns

Category: News | Posted on Sat, December, 12th 2015 by THCFinder

handgun and weedMedical marijuana is now legal in Illinois, and more and more patients are starting to sign up as patients now that medical marijuana sales have begun at dispensaries. It took a long time, and a lot of hurdle jumping, but there is finally legal safe access to medical marijuana in Illinois. But that doesn’t mean that there aren’t still bumps in the road, proven by the recent mailing of erroneous letters telling medical marijuana patients in Illinois that they would have to give up their guns because they are medical marijuana patients. Per PJ Star:

Nearly two years after Illinois decided medical marijuana users shouldn’t be prohibited from owning guns, several patients received letters from state police telling them their firearms cards were being revoked.

Although the agency insists the letters were sent to just four people before the mistake was corrected, some cannabis supporters say the error signifies an underlying ambivalence about medical marijuana in the 23 states where it’s now legal.

For example, a checklist for firearm owners on the Illinois State Police website includes this requirement: “I am not a medical marijuana patient registry card holder.” That, too, was an error that a vendor is now working to remove from the site, ISP spokesman Matt Boerwinkle said.

Read More:http://www.theweedblog.com/illinois-medical-marijuana-patients-sent-letters-telling-them-they-cant-own-guns/


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Mexico issues first permit to grow and use marijuana

Category: News | Posted on Sat, December, 12th 2015 by THCFinder

Mexico City (AFP) - Mexican health authorities issued Friday the first permit allowing four individuals to grow and smoke their own marijuana, but none actually plans to consume the drug.

 

While the permit opens a crack in Mexico's prohibitionist policies, the government health watchdog Cofepris stressed that the authorization is limited to those four people only.

The foursome, who secured the authorization in a historic Supreme Court ruling last month, hope that their victory will force Mexico to legalize marijuana.

The group, part of the Mexican Society for Responsible and Tolerant Personal Use (SMART), says decriminalizing pot will help reduce the country's relentless drug cartel violence.

"We didn't do this to get the right (to consume) for ourselves but to change a public policy that has been extremely costly for the country," said Armando Santacruz, an accountant and one of the four who won the case.

Read More:http://news.yahoo.com/mexico-issues-first-ever-permit-grow-marijuana-171315829.html


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Rep. Kelly Cassidy Introduces New Bill To Remove Criminal Penalties For Marijuana Possession In Illinois

Category: News | Posted on Fri, December, 11th 2015 by THCFinder
illinois marijuana

(via firedoglake.com)

Rep. Kelly Cassidy announced Thursday that she is introducing new legislation for 2016 that would replace criminal penalties with a civil fine for possession of a personal amount of marijuana in Illinois.

HB 4357 would make possession of up to 10 grams of marijuana a civil violation punishable by a fine. Adults would no longer face time in jail, and the civil offense would be automatically expunged in order to prevent a permanent criminal record. The proposal largely mirrors legislation previously introduced by Rep. Cassidy that was approved in the Senate (37-19) on May 21 and in the House (62-53) on April 23, as well the amendments proposed by Gov. Bruce Rauner when he vetoed the bill and returned it to the legislature on August 14.

“This is a reasonable proposal that is long overdue,” Rep. Cassidy said. “It needs to happen, and I am hopeful that we can make it happen quickly since it’s already such familiar territory for legislators and the governor.”

Members of the Illinois faith community joined Rep. Cassidy at the news conference to voice support for the bill. More than 50 clergy from around the state have signed a Religious Declaration of Clergy for a New Drug Policy, which includes support for civil rather than criminal sanctions for marijuana possession.

Read More:http://www.theweedblog.com/rep-kelly-cassidy-introduces-new-bill-to-remove-criminal-penalties-for-marijuana-possession-in-illinois/


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