Legal weed in North America is expected to reach $22.6 billion in revenue in 2021. An annual growth rate of 27% is likely to continue over the next four years, even if Trump’s administration and the US Department of Justice opposes the industry, the report predicts. Despite uncertainty caused by “mixed signals coming out of the administration,” Troy Dayton, CEO of Arcview Market Research, says it will not impact the growth of the market. “No matter what the administration does, states will continue to issue cannabis licenses to a long line of applicants and licensed cannabis outlets will continue to have long lines of consumers ready to purchase this product,” Dayton said in a statement. The industry is at a crucial inflection point. More Americans favor legalizing marijuana outright than ever before, but at the same time, Marijuana Stocks many of their representatives in the nation’s capital oppose it. While the Trump administration has yet to take a definitive stance on the drug, which remains Schedule I under the Controlled Substances Act, there have been hints of a crackdown. Attorney General Jeff Sessions is a staunch opponent of marijuana in all forms. AP Photo/Brynn Anderson, file In recent weeks, Attorney General Sessions shook the industry when he vowed to ramp up enforcement of drug crimes .
Anyone working for your business must also sign a contract that they are only distributing marijuana for medical purposes. In addition, you can only purchase marijuana from cultivators who are also part of the collective. They must also follow the strict rules enforced by the collective, which keeps marijuana businesses in line with state regulations. Keep Up to Date with Changing Regulations The most important part of starting a marijuana business is making sure that you are always up to date with the regulations. Marijuana cultivation is a new and growing business. Laws will change as issues become apparent. Stay up to date and research what you and your business need to do in order to stay within regulations. Thanks for reading William Kroger William S Kroger is an award-winning criminal defense lawyer and founder of Kroger Law Group, a Southern California firm Medical marijuana with offices in Beverly Hills. Mr. Kroger specializes in marijuana defense and is an active member of NORML, the National Association for Criminal Defense Lawyers, the Association of Federal Defense Attorneys and the International Criminal Law Association.
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One of the reasons being, there is no universal definition for what that means exactly. Though, it is generally known as a place of refuge for undocumented immigrants. The county follows state and federal laws regarding immigration, county authorities said, though that could become very separate with this bill. If it passed, local and state authorities would not aid federal authorities in deporting immigrants in the country illegally. Under the California Trust Act which went into effect in 2014, local and state authorities must ensure a person has violated or been convicted a serious or violent crime before holding them longer than their release date for Immigration and Customs Enforcement authorities. Cases must also be reviewed by an independent judge. Butte County Sheriff Kory Honea said Butte County is not currently a sanctuary county and explained why he is against the proposed law at Tuesdays meeting. He said county authorities are currently coordinating deportation for two county jail inmates, though he said there are likely many more undocumented immigrants in the jail. I dont think this is necessarily a Medical marijuana significant issue facing Butte County, Honea said. He voiced concern about the resolution declaring the county not a sanctuary jurisdiction, as his responsibility is to protect all residents, he said.
To read more visit http://www.chicoer.com/article/NA/20170314/NEWS/170319878
4 Be Nice. No racism, sexism or any sort of -ism that is degrading to another person. 5 Be Proactive. Use marijuana the ‘Report’ link on each comment to let us know of abusive posts. We’d love to hear eyewitness accounts, the history behind an article. Welcome to the discussion. WEST JORDAN, Utah (AP) Utah residents looking for a home or condo to buy are finding an increasingly thin inventory as the demand from homebuyers outpaces the supply. more Updated: March 19, 2017 – 11:01 am CHICAGO (AP) Outside of the playoff picture and without Dwyane Wade for the remainder of the season, the Chicago Bulls were desperate for a source of energy. more By JACK CASSIDY Associated Press Updated: March 18, 2017 – 11:15 pm Galaxy get 1st win behind Boateng’s goal in 74th minute SANDY, Utah (AP) Emmanuel Boateng found the inside of the net for what turned out to be the game-winner in the 74th minute and Los Angeles earned its first win of the year 2-1 against Real Salt Lake on Saturday night.
We are generally opposed to any legislation that would legalize marijuana, Col. Brad Rice, superintendent of the Nebraska State Patrol, told a crowded hearing room at the State Capitol. Given that five of the eight members of the Judiciary Committee have co-sponsored the bill, it appears that the fight over medical marijuana will take place on the floor. A key senator who successfully filibustered a similar bill last year has said he remains opposed to medical marijuana. Gov. Pete Ricketts also stood against last years bill. The Medical Cannabis Act would authorize a limited number of manufacturers and distribution centers to provide the drug for those suffering from 19 different illnesses or conditions, including opioid addiction, post-traumatic stress disorder, anxiety or any other illness for which medical cannabis provides relief as determined by the participating health care practitioner. State Sen. Anna Wishart of Lincoln said her proposal would allow patients to take medical marijuana in pills, oils, liquids, lotions or through vaporizers. It Green Rush would not allow patients to smoke the drug or grow the plants. Medical marijuana would be paid for out of pocket rather than through Medicaid or private health insurance. The bill calls on the Department of Health and Human Services to regulate and administer the program.
The market for medical marijuana and recreational marijuana is growing rapidly, as lawmakers in more states pass legislation legalizing it. Already, 28 states have medical marijuana laws on the books, and eight states have passed recreational marijuana laws, too. According to the latest research by GreenWave Advisors, those numbers are about to climb significantly.
Where marijuana is legal now
Last November’s election reshaped the marijuana state map. Ahead of the election, voters in only four states (Alaska, Colorado, Oregon, and Washington) had voted to establish recreational markets for adult use of cannabis, and 24 states had passed medical marijuana laws.
As a result of the election, four more states will open up recreational markets — California, Maine, Massachusetts, and Nevada. Another four states passed laws allowing medical marijuana, including Florida.
Read more HERE.
— New York announced today it will allow physician assistants to prescribe medical marijuana as long as their supervising physician is registered with the state to prescribe the drug. The state authorized nurse practitioners in November to prescribe medical marijuana. The state Health Department said authorizing physician assistants will help patients by increasing the number of eligible practitioners, particularly in many rural counties where fewer doctors are available. Physician assistants who want to prescribe medical marijuana must complete a state-approved course. The state also announced that chronic pain will be added as a qualifying condition for medical marijuana on March 22. Medical marijuana is currently only available in New York Marijuana Stocks to patients with these conditions: cancer, HIV/AIDS, amyotrophic lateral sclerosis, Parkinson’s disease, multiple sclerosis, spinal cord injury with spasticity, epilepsy, inflammatory bowel disease, neuropathy and Huntington’s disease. In addition to one of those conditions, patients also must have one or more of these complications: wasting syndrome, severe or chronic pain, severe nausea, seizures, or severe or persistent muscle spasms. New York has one of the most restrictive medical marijuana programs in the nation. The state has been changing the program to make it easier to get medical marijuana in New York. Contact James T.
As part Medical marijuana of the Transaction, the Company changed its name from BFK Capital Corp. to The Hydropothecary Corporation and the directors and management of THC became the directors and management of the Company. As a result of the Transaction, THC is now a wholly-owned subsidiary of the Company, and the Company will continue the business of THC which, through its wholly-owned subsidiary, 167151 Canada Inc., is licensed under the Access to Cannabis for Medical Purposes Regulations to cultivate and sell marijuana seeds and plants and dried marijuana product and to produce marijuana oils, marijuana resins and fresh marijuana products from its facilities located in Gatineau, Quebec. Prior to the Transaction, BFK was a Capital Pool Company (as defined under the policies of the TSX Venture Exchange (the Exchange)), and had not commenced commercial operations and had no assets other than cash. In connection with the Transaction, immediately prior to closing, BFK consolidated its common shares on the basis of one (1) post-consolidation common share for each one and a half (1.5) pre-consolidation common shares. The Transaction constituted BFKs Qualifying Transaction, as such term is defined in Policy 2.4 of the Exchange. Final acceptance of the Transaction will occur upon the issuance of a Final Exchange Bulletin by the Exchange. Upon issuance of the Final Exchange Bulletin, the Company will cease to be a Capital Pool Company and will recommence trading on the Exchange as a Tier 1 life sciences issuer. Subject to this final acceptance, trading in the common shares of the Company is expected to begin on the Exchange on or about March 21, 2017 under the symbol THCX. The closing of this transaction is a significant milestone in the continued growth of Hydropothecary. Sebastien St-Louis, Chief Executive Officer of the Company In connection with the Transaction, THC completed a brokered private placement through Canaccord Genuity Corp.
The auditor general, saying the train has already left the station, this week proposed that Pennsylvania get on board with regulating and taxing marijuana. But appearing on Pittsburgh sister station KDKA Tuesday morning, Governor Wolf panned the idea, saying the tax revenues would barely put a dent in the states deficit. I saw the report. I havent talked to auditor general. And I think hes trying to be helpful in terms of the Green Rush budget deficit, Wolf said.His calculation I think had it about $200 million. We have a $3 billion dollar deficit, so thats not going to help. Wolf says he favors decriminalizing possession of small amounts of pot. But the governor says Pennsylvania should focus instead on getting up and running the medical cannabis program he pushed hard for. Ultimately, he believes Pennsylvania is not ready for legalized recreational marijuana. I think Pennsylvania would do right to see what happens in Colorado, Oregon, Washington, some of the other states, the governor said,because they all have different approaches to this. A spokesman says House majority Republican leaders agree. TonyRomeo Tony Romeo is Harrisburg bureau chief for KYW Newsradio 1060.