Maryland lawmakers voted on Monday to decriminalize possession of small amounts of marijuana.
"As recently as Friday, the proposal seemed to be dying in the House of Delegates, before the Legislative Black Caucus and other advocates convinced a key committee chairman to change course.
"Advocates for the proposal argued that not only was the law enforced in a discriminatory way, the state had already rolled back penalties for possession so much that the justice system and courthouses were needlessly bogged down by minor marijuana offenders likely to be given probation.
"The House of Delegates passed the proposal Saturday with just seven votes to spare, and opponents argued that decriminalizing possession sent the wrong message about drug use. "
The Senate followed suit on Monday with a 34-8 vote.
Maryland Gov. Martin O'Malley is expected to sign the bill into law. After the vote, O'Malley saying over the years, he's changed his mind on marijuana use.
"As a young prosecutor, I once thought that decriminalizing the possession of marijuana might undermine the Public Will necessary to combat drug violence and improve public safety. I now think that decriminalizing possession of marijuana is an acknowledgement of the low priority that our courts, our prosecutors, our police, and the vast majority of citizens already attach to this transgression of public order and public health. Such an acknowledgment in law might even lead to a greater focus on far more serious threats to public safety and the lives of our citizens."
After three months of legal pot, Denver has not turned into an urban wasteland. In fact, as Vox reports, crime in the first quarter of 2014 is down across the board from the first two months of 2013.
Yes, it’s still early. But so far, the numbers don’t suggest that Denver is about to succumb to a crime wave fueled by pot-addicted hooligans. (Yes, some law enforcement officials actually warned of this.)
PLANO, TX--(Marketwired - Apr 7, 2014) - Polaris International Holdings, Inc. (OTC Pink: PIHN) (PINKSHEETS: PIHN) is excited to announce its medical division, ProCannas, has begun development of a unique and proprietary transdermal patch capable of delivering cannabinoids directly through the skin. This hallmark solution is intended to address a significant, unmet need for individuals requiring long-term, time released delivery. The Company believes, subject to testing and trials to be initiated by our participating physicians, that the patch may able to deliver cannabinoids for up to 48 hours. The Company further expects that this mechanism of delivery could revolutionize the way cannabinoids are introduced into the blood stream minimizing the negative effects on lungs and other organs commonly seen in other delivery methods. The Company expects to be ready to begin trials in 90 days.The Company intends to target a broad range of specialties with this novel product, including but not limited to sports medicine, pain management, neurology, and osteopathic medicine."Transdermal delivery of Cannabinoids has a global reach because diseases such as osteoporosis which affects about 52 million Americans and causes more than 8.9 million fractures worldwide annually, resulting in an osteoporotic fracture every 3 seconds, will greatly benefit from this method of delivery. It will ensure long term absorption on a continual basis in order to alleviate the targeted symptoms. Constant delivery of cannabinoids transdermally will also help to reduce pain and swelling in other medical conditions," states Medical Director, Dr. Vasthi Alvarez Avila.ABOUT THE COMPANYProCannas core business focuses on the manufacture and distribution of new, pharmaceutical grade cannabinoid based products for medicinal use. Due to the concentrated strength and unique mix of ingredients integrated within our products, they are intended to be available to patients only through licensed participating physicians. Due to recent changes in the law regarding the medical use of marijuana, coupled with studies and a strong body of evidence highlighting that THC is not the significant component for medicinal use, doors are opening for innovation. Laws are expected to become even more favorable for companies like ProCannas.Safe Harbor Statement:This news release includes forward-looking statements pertaining to future anticipated projected plans, performance and developments, intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Any statements on this news release that are not statements of historical fact should be considered forward-looking statements. These forward-looking statements generally can be identified by phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," "intends," or other words or phrases of similar import. Similarly, statements in this news release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
WOODLAND HILLS, Calif., March 24, 2014 /PRNewswire/ -- GrowLife, Inc. (PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, together with Organic Growth International, LLC ("OGI"), its joint venture with CANX USA, LLC, extended the date for completion of due diligence and closing the transaction with RXNB Inc. ("RXNB") to April 4, 2014. Under the agreement, GrowLife will sell and distribute RXNB proprietary technologies globally, and share profits related to technology licensing, subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.
RXNB is an investment company with holdings in drug formulation, manufacturing, and distribution. The company represents a recent roll-up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development.
According to RXNB executive Dr. Sam Alaweih, "We are very pleased to have reached a mutually agreeable go-forward plan with GrowLife and OGI management. RXNB has agreed to withdraw its contemplated litigation, without prejudice."
"I am pleased to join Sam Alaweih and Bill Chaaban in our renewed dedication to completing the exciting partnership with RXNB," commented GrowLife CEO and OGI member Sterling Scott. "We have agreed to complete the deal by April 4, 2014, and are confident in both parties' ability to achieve consensus by that time. Given the complexities of this transaction, and the number of different parties involved, additional time was necessary."
A full 8-K detailing the Agreement was released January 30, 2014.
Did you ever think you would hear the term "marijuana venture capitalist"? Well, that's a thing. Such is the pace of the weed legalization movement that businessmen with little interest in smoking weed are now willing and able to invest in its sale.
Our Seed To Sale management solutions brings regulatory compliance, security and ultimately peace of mind to your Cannabusiness, while improving significantly your bottom line at a price you can afford.
This is a significant update to Endexx Corp's m3Hub website.
Dr. Sanjay Gupta's recent op-ed that described his "doubling down" on support for medical marijuana has inspired a Colorado dispensary to honor CNN's chief medical correspondent with a new, potent strain of medical cannabis.
New Jersey Governor Chris Christie on Wednesday emphasized that he is against any effort to legalize marijuana in the state, weeks after a state senator introduced a bill that would make sale and possession of cannabis legal.
Vote Governor Christie out of office as he represents the Federal Government and not "We the People" - He's made this perfectly clear for all.
Weedmaps, the self-proclaimed “Yelp for marijuana,” is eyeing a major ad campaign in New York to push marijuana legalization.
The Irvine, Calif.-based startup lists information and online reviews for legal medical marijuana and adult-use dispensaries in states like California, Colorado and Washington. CEO and co-founder Justin Hartfield says the company is prepared to spend significant money on advertising in markets that could soon open doors to legalized weed.
“Whether there’s medical marijuana in New York this year or next year, or whether recreational marijuana comes in 2016 thanks to a voter initiative, we wanted to get our brand out there in New York and promote marijuana legalization,” says Hartfield.
He says Weedmaps is prepared to spend hundreds of thousands of dollars on ads in New York alone. If New York were to legalize recreational-use marijuana, Hartfield says it could mean as much as $1 million per month for Weedmaps in listing fees. He says the entirely bootstrapped startup currently brings in $30 million in annual revenue, thanks to monthly listing fees that range from $195 all the way up to $20,000. In a February Quinnipiac poll, 88% of New York voters said they would support legalizing medical marijuana, and over half would vote in favor of legalizing recreational marijuana.
Thank you everyone at WeedMaps! True visionaries leading the way to sensible change.
As potential 2016 candidates gather their policy advisors and begin to isolate their views on key issues, they may want to consider one above the rest — weed.
You can make stoner jokes all you want, but marijuana policy stands to affect just as many Americans as immigration policy does in the coming years. And while Ted Cruz and Marco Rubio have made their views on border control clear, the fast-changing weed landscape (a full 54 percent of Americans now favor legalization) has left Republicans and Democrats all over the map when it comes to toking. Some have been altogether mum on the topic — the last time Hillary Clinton spoke publicly about weed policy was during the 2008 campaign.
As of now, Senator Rand Paul would likely be the best candidate for the Pro-Cannabis Movement - Restore common sense through the Constitution.
Hungarian-American billionaire and philanthropist George Soros is no stranger when it comes to throwing around money, but the former hedge fund manager is making headlines over some major donations he’s made to help legalize marijuana.
Endexx Establishes CBD and Medical Marijuana Consumable Division M3hub Diversifies With New Line of "Cannsumables" CAVE CREEK, AZ, Mar 31, 2014 (Marketwired via COMTEX) -- Endexx Corporation (OTC Pink: EDXC) (PINKSHEETS: EDXC) announces the establishment of new medical marijuana consumable division dedicated to the development and marketing of medical grade CBD infused "cannsumables." Endexx will refer to our products by the proprietary names: "cannsumer good(s), cannsumable(s), and cannsumer(s)." The new division will focus on edible delivery systems for alternative medical applications of cannabidiol extracts in the form of CBD infused "cannsumer goods" for the legal medical marijuana market. The product line will further complement m3hub's existing line of technologies and services in its mission to: -- Facilitate all transactions with concentric care to the patient in the clinical environment of pain management and long term chronic care. -- Bring pharmacy grade compliance and standardized technology solutions to the Medical Marijuana Industry. Cannabidiol (CBD) is a non-psychoactive natural compound that has been shown in scientific and clinical studies to possess beneficial properties in the treatment of a wide range of conditions including among others arthritis, diabetes, MS, PTSD, skin cancer, epilepsy, seizures and other neurological disorders. During the last month alone, traditionally conservative states like Alabama, Georgia, Tennessee, South Carolina, North Carolina, Kentucky, Indiana, Wisconsin, Utah and Florida, have come to recognize the medical benefits of marijuana and its active compounds. Even though none of these states have to date supported the legalization of medical marijuana, they all have recently introduced or passed bills to legalize the use of CBD in the treatment of epilepsy and other debilitating conditions. In anticipation of a growing demand from alternative therapy patients for diverse delivery methods, Endexx is in the process of establishing the necessary framework for the successful deployment of the new medical marijuana consumable division: -- Endexx is negotiating the acquisition of facilities for the production of medical grade cannabidiol infused products. -- Endexx is securing access to legally produced CBD extracts and base products. -- Endexx is also identifying and engaging with critical collaboration partners with expertise in the fields of food manufacturing, botanicals, bio-remedies and nutraceuticals. Todd Davis, Endexx CEO stated: "Endexx will develop and produce the CBD infused "cannsumables" using state of the art facilities and technology that meets or exceeds ISO 9000 standards to ensure guaranteed potency and consistent quality of the end product. We are mandating policies that offer the safest, highest quality products with lower than average operating costs which will directly translate into increased shareholder value." About Endexx : www.endexx.comwww.gsgsolar.comwww.m3hub.comwww.autospense.com Endexx Corporation is a micro-cap publicly traded company, representing the interest of its shareholders and collaborating with independent software engineers and architects, scientists, engineers, and other companies to build businesses that can thrive collectively in the equity markets. The Endexx team recognizes that individually small companies with new technologies have an extremely difficult time sustaining themselves as stand-alone companies. Through our collaborative practices, individual and group skill sets are better utilized to develop technology and grow the business, while centralizing costs and eliminating redundancies. The Endexx management team and its advisory group each have at minimum 10-50 years of experience in their respective fields. The business professionals associated with the direction of the company all have experience growing businesses, developing and implementing new technologies and running publicly traded corporations. Endexx Corporation is ultimately structured to provide a platform for entrepreneurs to thrive, offering maximum return on investment through equity ownership in the parent corporation. Each individual is a shareholder and is encouraged and self-driven to be successful and contribute to the overall objective of increasing shareholder value. Contact Endexx via email to receive corporate news and updates at Endexx@endexx.com. http://www.otcmarkets.com/stock/EDXC/quoteSafe Harbor Notice: This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements. Contact Information Todd Davis firstname.lastname@example.org M3Hub Sales: 480-999-0097 Or Irth Communications, LLC. Andrew Haag Andrew@irthcommunications.com 310-770-9661 SOURCE: Endexx Corporation (C) 2014 Marketwire L.P. All rights reserved. -0- SUBJECT CODE: Pharmaceuticals and Biotech:Biotech
Oakland, March 24, 2014 (GLOBE NEWSWIRE) -- Terra Tech Corp. (TRTC), through their medical cannabis subsidiary GrowOp Technology Ltd, is pleased to announce they are developing a research and industrial extraction facility focused on the medical cannabis market. The facility will be located in Oakland, CA and is being built in response to what the company views as an increase in demand for high grade CBD as well as other botanical extracts.
As a first step the company has purchased a custom 20 liter 5,000 PSI supercritical CO2 extractor from Eden Labs.The extractor is designed for botanical and nutraceutical extractions and will be utilized to extract CBD in an effort to have complete control and consistency as they continue to work with Inergetics in the creation of a CBD-based nutritional supplement. This key piece of equipment utilizes CO2 as a solvent, which is superior because it is non-flammable and non-toxic mitigating negative environmental impacts as well as several safety concerns that have been associated with butane extraction. This process allows for the selective extraction of compounds from a variety of botanicals, which possess potent antioxidant as well as neuroprotectant properties."Consumers are becoming more educated about safety and quality as the legal medical cannabis market spreads throughout the US," explains Derek Peterson, CEO of Terra Tech Corp. "Patients deserve access to products that are both effective and free from harmful residues. Our intention once we complete our top of the line facility is to partner with a permitted California based medical cannabis dispensary where we can pair their expertise with our equipment and technology to synthesize and create some amazing products."Looking forward, Terra Tech Corp sees significant shareholder value in researching various methods of extraction as well as protecting those proprietary findings through process patents.
Terra Tech's recent investments in the construction of a fully functional, industrial production and research facility will be the company's first endeavor into commercially sustainable botanical extraction. These product lines are to include compound profiles and ratios, tailored to the ever-expanding demands in the marketplace.About Terra TechTerra Tech Corp. (TRTC) through its wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies. The company integrates best-of-breed hydroponic equipment with proprietary software and hardware to provide sustainable solutions for indoor agriculture enterprises and home practitioners. Our complete product line is available at specialty retailers throughout the United States, and via our website. Through its wholly-owned subsidiary Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as Shoprite, Food Emporium and others throughout New Jersey, New York, Delaware, Maryland, Connecticut, and Pennsylvania.
Colorado voters approved the sale of legal marijuana thinking the revenues derived would go towards areas like schools or treatment for substance abuse. Instead, it's possible that the money may be returned to them.A Tuesday economic forecast from the state's Legislative Council said that state spending is trending higher than previously estimated. If that holds true, under TABOR statutes, the higher spending could trigger a one-year refund on any new sources of revenue — like the taxes on marijuana.
If you're an agency thinking about bringing on a recreational marijuana client, the first thing you should know is not to talk about "marijuana." Clients prefer the term "cannabis," according to agency executives already having these conversations, probably because it doesn't have the same negative connotations and is far away from the stoner undertones of "weed," or heaven forbid, "pot." Cannabis almost sounds artisanal by comparison.
Newsweek - Marijuana industry delegation's pitch on legalized pot: It's just good business Washington Post The delegation from the National Cannabis Industry Association made a point of dressing well for its day on Capitol Hill, sporting mostly dark...
TABOR may force Colorado to refund excess marijuana money to taxpayersDENVER — Tax revenues from Colorado's new recreational marijuana industry are pouring into state coffers — and that's actually a bit of a problem for lawmakers.
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