Nevada Sells Out Of Legal Weed

Less than two weeks after sales of recreational marijuana kicked off in Nevada, stores are running out of pot to sell, according to the state’s Department of Taxation.

On Friday, Gov. Brian Sandoval endorsed the department’s call for a “statement of emergency,” which would allow for more licensed distributors.

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There were 50 Dispensaries in the state that have licenses to legally sell recreational marijuana. However those retailers do not have the legal right to re stock there own inventory. Only wholesalers of alcohol have the exclusive rights to move marijuana from growers to retailers in Nevada, as part of a temporary court order.

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Nevada is the only state with legal marijuana that has such an arrangement.

As of Friday, the Department of Taxation had issued zero distribution licenses to alcohol wholesalers, because of incomplete applications and zoning issues, the Reno Gazette-Journal reported.

Dispensaries started selling the marijuana they had in stock on July 1. Several establishments had expected to run out in the coming days.

A statement of emergency could bring relief. The regulation would allow the department to issue distribution licenses to a larger pool of applicants, including those outside the alcohol business. The Nevada Tax Commission is expected to vote on the regulation on Thursday.

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The state of Nevada should have no problem finding dispensaries that would want to sell recreational marijuana. I would assume there is a line up of people/store owners who would love to have the chance to sell. I believe there was 50 licensed who were given the opportunity, I imagine that the others on the list are still waiting anxiously.

Stephanie Klapstein, a spokeswoman for the Department of Taxation, told the Reno Gazette-Journal that a collapsed marijuana market would have far-reaching consequences. A 15% tax on the cultivation of marijuana generates revenue that the state spends on public education.

“A halt in this market will lead to a hole in the state’s school budget,”

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Cannabis For Stress & Anxiety

With a global increase of medical marijuana use to treat health conditions, advocates and studies are showing that medical marijuana can be used to treat anxiety disorders. Advocates believe that the chemical makeup of cannabis can be beneficial in treating anxiety, while others argue that it can actually cause anxiety.

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Medical marijuana has been used for centuries to treat depression and other medical conditions. More than 400 years ago, cannabis was used to treat depression in India and has since been studied and analyzed to determine the medical benefits and disadvantages for patients. Today, many states across America have legalized the use of medical marijuana, but usage still remains illegal under U.S. federal law.

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When taking a close look at medical studies and results of medical marijuana used to treat anxiety, it’s evident that the chemical makeup, specifically the presence of the chemical compound Cannabidiol, commonly known as CBD, is the main ingredient to treat anxiety. Another compound, tetrahydrocannabinol, or THC, can prevent nausea and vomiting in cancer patients, but may have a reverse affect on treatment for anxiety.

Medical marijuana, or medical cannabis, is the use of cannabis and its chemical compounds to treat illnesses, diseases and improve symptoms.

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The cannabis plant has historically been used worldwide to treat illness and health conditions. The American Medical Association and other medical organizations strongly oppose its use for medical reasons, but the American Academy of Pediatrics believes that the use of medical cannabinoids, the natural compounds that make up the genetics of medical marijuana, can be a therapy for a number of medical conditions, but do not recommend use until more research is complete.

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There are 85 natural compounds in cannabis, known as cannabinoids, which all relieve symptoms of illness by attaching to the receptors in the brain that look for similar compounds that occur naturally in the human body. Strains of medical marijuana are specifically bred to contain particular levels of each compound recommended for different conditions.

Cannabidiol, or CBD, is the cannabis compound that has found to have significant benefits for treating people with anxiety. CBD-rich cannabis can be treated for patients seeking anti-inflammatory, anti-pain, anti-anxiety and anti-spasm affects. CBD does not make people feel “stoned” or “high,” and can actually counteract the anxiety-driven tendencies of THC. CBD is one 85 natural compounds found in cannabis. It is a major element, making up 40 percent of the plant’s extract and has a wider medical benefit than THC.

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The other popular compound to treat medical conditions is tetrahydrocannibinol, or THC, and can be used to relax muscles, reduce inflammation, reduce seizures stimulate appetite, lower blood pressure and is an anti-depressant.

 

Canada’s Recreational Bill And Stocks Could Be In Trouble

there’s quite a bit of opposition to Canada’s recreational marijuana legalization efforts, and it could wind up pushing Trudeau’s legislation off the table altogether.

Though Canada’s current government make-up could reasonably be described as “progressive,” conservative members of Parliament could make legalization far more challenging than people and investors realize.

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there’s quite a bit of opposition to Canada’s recreational marijuana legalization efforts, and it could wind up pushing Trudeau’s legislation off the table altogether.

Though Canada’s current government make-up could reasonably be described as “progressive,” conservative members of Parliament could make legalization far more challenging than people and investors realize.

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Another primary issue involves how impairment for drivers behind the wheel will be measured. Though there are a handful of companies developing breathalyzer tests that can detect levels of tetrahydrocannabinol (THC), the psychoactive component of cannabis, in drivers, there are no baselines to describe what would be considered an unacceptable level of impairment. For instance, a blood alcohol content of 0.08% or higher in the U.S. is considered impaired for a driver. There aren’t any guidelines for marijuana use, which makes resolving the concerns of lawmakers exceptionally challenging.

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If Canada is unable to get its recreational weed bill passed into law, Canadian marijuana stocks, which have risen considerably in anticipation of an expected legalization, could quickly lose the wind from their sails. The four, in particular, that are at greatest risk of having their valuations take a hit are Canopy Growth Corp. Aphria, Aurora Cannabis and MedReleaf.

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Health Canada also announced changes to its medical cannabis program in May that could have negative implications for the four Canadian marijuana stocks listed above. Health Canada plans to issue additional growing licenses, as well as allow existing producers to pack their vaults with supply, assuming it can be done safely and securely. In other words, it sounds as if extra competition and supply are on the verge of flooding the Canadian market. That’s not good news for any of these four companies.

Long story short, Canadian marijuana stock investors may soon wind up sorely disappointed.

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Mexico Legalizes Medical Marijuana

The President, Enrique Pena Nieto, has officially published a bill allowing its use for health and scientific purposes. The bill was passed in April, with an overwhelming 371 members of the Lower House of Congress voting in favour, with only 19 politicians voting against or abstaining. It also received popular support from the Mexican Senate in December, with 98 senators voting to pass the bill and seven voting against.

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It also establishes that industrial products with concentrations of one percent THC or less would be legal to buy, sell, import and export.Recreational use of marijuana remains broadly prohibited in Mexico. But President Nieto – once staunchly anti-drugs – has called for a global rethink towards narcotics. He said they should be viewed through a public health lens which doesn’t criminalise users.

Peña Nieto’s decree effectively eliminates the criminalization of the medicinal use of cannabis, THC, CBD, and all cannabis derivatives, as well as legalizing the production and distribution of cannabis for medicinal and therapeutic uses.

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“The ruling eliminates the prohibition and criminalization of acts related to the medicinal use of marijuana and its scientific research, and those relating to the production and distribution of the plant for these purposes,” stated the Lower House of Parliament, known as La Cámara de Diputados.

This week, the National Cannabis Industry Association (NCIA) held their Cannabis Business Summit and Expo in Oakland, California, welcoming over 75 speakers from all aspects of America’s fastest growing industry. Of all the distinguished guests at the fourth annual conference, the most notable was surely Former Mexican President Vicente Fox, who was honored as the keynote speaker.

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Fox’s keynote address touched on the need for an open global trade market for cannabis to allow the industry to reach its full potential, also demonstrating how the legalization of adult-use cannabis in his home country could end the intense violence caused by the cartels and illegal markets.

But it was the former President of Mexico’s comments during a separate press conference at the NCIA event that had the ears of reporters perking up.

On President Trump, Fox accused the administration of being “so crazy and so ignorant about what is going on in the world” and called the President himself “a disruptor” and “destroyer” of social progress globally. “The world is moving, and it’s moving in the right direction,” added Fox. “If anything, we don’t need America to be great — we need a great world.”

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Fox told reporters that Trump is “blind” and his “white, middle-class male” supporters shouldn’t be interpreting his perspective as their own world view. Fox added that Trump should not be imposing his will on the American people through executive orders.

 

Advertisement High school: Marijuana sommelier program offered in Colorado

A marijuana aficionado in Colorado has launched a program he hopes will make the title of cannabis interpener as familiar as wine sommelier, cheesemonger and chocolatier.

Max Montrose, the 29-year-old president and co-founder of the Trichrome Institute in Denver, said he designed the niche curriculum, which teaches students how to become marijuana experts, after he became fed up with the inconsistent quality and improper naming rampant in the blossoming industry.

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Montrose defines interpening as the practice of assessing the quality and psychotropic effects of a cannabis flower using only sight and smell.

Cannabis has grown increasingly mainstream in recent years. In 2012, Colorado and Washington became the first states to legalize recreational marijuana. Five other states plus Washington D.C. have since followed suit, and the Canadian government says it plans to legalize the drug by next summer.

Montrose said the word interpening, pronounced in-TER’-puh-ning, comes from a hybrid of “interpreting terpenes.” Terpenes are what give marijuana its distinct aroma, he explained.

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The courses are modeled after the wine sommelier program. Level one involves a 3.5-hour lecture and costs about C$220, while the second level costs about $335 and includes the lecture as well as a sight-and-smell workshop, followed by a test.

For the exam, students must take 10 jars of unlabelled cannabis and identify the five that are unacceptable because of problems like pest and mould and say why, then order the remaining five samples from most stimulating to most sedating.

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Level three is still being finalized, but so far it is invite only and consists of an essay on the horticulture and history of cannabis as well as dissecting buds and training in hashish, an extract of the cannabis plant, Montrose said.

Fewer than half the students who take the test pass, he said, adding that distinguishing between a couple of subtly different strains of cannabis can be as delicate as distinguishing between two feelings in the nose that are millimetres apart.

Justin Trudeau Legalizing Marijuana

It’s been 100 years. 100 years of prohibition on Marijuana. A Prohibition in which no one knows or understands why it was prohibited in the first place. A plant that has done wonders for medical patients suffering from pain, anxiety, parkinsons, insomnia, stress, upset stomach etc. Why Prohibit something that has always done good?

As soon as Justin Trudeau came into office he had said that he was going to follow the USA and start the process of legalizing Marijuana. We are 1 year and 15 days away from history. We are 1 year and 15 days away from the legalization of Marijuana!

Justin Trudeau To Legalize Weed in Canada

But before American youngsters crash  Canada’s immigration website again, Trudeau warned the drug is still illegal until the legislation passes. “Until we have a framework to control and regulate marijuana, the current laws apply,” he said earlier this month. And legalization will have strict federal guidelines.

The federal government will oversee the supply and license producers, but provinces will regulate the drug’s distribution, sale, and prices. There will also be a limit of four plants per household. The national age for buying marijuana will be 18, but provinces can boost the age limit as they see fit.

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But law enforcement groups voiced concerns about legalization. The Canadian Association of Chiefs of Police released a response in February outlining “concerns with regards to impaired driving and impact on organized crime.” It added “public education is critical and should begin immediately” as the government paves the way for legalization.

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Trudeau’s push for legalization caught political flak from other parties, even parties on the left who fear it could turn into another one of Trudeau’s broken promises. “I do not believe Justin Trudeau is going to bring in the legalization of marijuana and as proof that … we are still seeing, particularly young Canadians being criminalized by simple possession of marijuana,” said British Columbia MP Peter Julian of the left-leaning New Democratic Party.

Read another article on Trudeau’s quest to legalize Marijuana

Senate Responds Back To Jeff Sessions Which Will End Marijuana Prohibition!

Congress took a step toward easing its stance on medical marijuana on Thursday.

U.S. Sens. Rand Paul (R-Kentucky), Corey Booker (D-New Jersey) and Kirsten Gillibrand (D-New York) introduced a bill that would end the federal prohibition of medical marijuana and take steps to improve research.

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The Compassionate Access, Research Expansion and Respect States, or CARERS, Act would effectively change the Controlled Substances Act, allowing the possession, production and distribution of medical marijuana in states with established marijuana laws.

Jeff Sessions came out yesterday and made an announcement wanting to end the search for Medical Marijuana. Why he is so against it I am not sure. There is probably someone in the background who controls all this who wants them to not end the Medical Marijuana prohibition.

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Twenty-nine states, as well as the District of Columbia, have already legalized marijuana, but the CARERS Act would prevent the federal government from prosecuting businesses and individuals in states where medical marijuana is legal, since federally marijuana is still illegal under the Controlled Substances Act.

Yesterday the senate passed a bill increasing sanctions on Russia for interfering with our election and blocked trump from lifting sanctions.

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Today they show Sessions what they think of his nonsense.

The Senate has been a green light for Medical Marijuana. It seems as though it is just Jeff Sessions that has the problem with the whole thing. He stated that marijuana is more addicting and harmful than heroin.

Where does he get his facts and information from??

Sessions asked Congress in May to allow the Justice Department to prosecute businesses and individuals in states with medical marijuana laws

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