Canadian Producers Of Cannabis Setting Their Sights High

Section Grower Morgan Blenk sorts marijuana plants at Tweed Marijuana Inc in Smith

The Canadian companies are in a race to raise money to build facilities, attract patients and grab shares in a market projected to grow to C$1.3 billion ($1.20 billion) in the next 10 years. Despite facing considerable risks, they have the advantage of being in one of the few countries where medical marijuana is legal nationwide and where licensed operators can mass-produce it. In the United States, the drug remains illegal at the federal level. Some 20 U.S. states have legalized medical marijuana, but investors worry about the prospect, however remote, that the federal government may strike down those laws.

Although the U.S. market is home to companies including Medical Marijuana Inc (MJNA.PK) and Cannabis Science Inc (CBIS.PK), their northern counterparts are likely to benefit from greater legitimacy and legal clarity. Sources said much of the private equity investment in the Canadian industry had come from the United States. Canada is one of the few countries anywhere where its citizens have a constitutionally protected right to access medical marijuana with a physician’s consent,” said Paul Rosen, chief executive officer of PharmaCan, a holding company with large stakes in four producers.

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Legalizing Medical Pot Negotiations Have Begun Between Gov. Cuomo & Legislature


Cuomo, Legislature While saying hes open to such a bill, Cuomo on Thursday said he has serious questions, pointing out that New York State has a heroin problem and pot can be a gateway drug. Cuomo has begun negotiations with the Legislature in hopes of reaching a deal to legalize medical marijuana by next weeks end of the legislative session.

Gov. Cuomo has begun negotiations with the Legislature in hopes of reaching a deal to legalize medical marijuana by next weeks end of the legislative session. While saying hes open to such a bill, Cuomo on Thursday said he has serious questions, pointing out that New York State has a heroin problem and pot can be a gateway drug. While saying he’s open to such a bill, Cuomo on Thursday said he has serious questions, pointing out that New York State has a heroin problem and pot can be a gateway drug. He said any deal would need to ensure there are no loopholes that can be exploited or provisions that might have unintended consequences.

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Medical Marijuana Company Fires Back At Hershey Over Marijuana Candy Lawsuit

In its lawsuit, the Hershey Co. says the packaging is not only a clear trademark violation, but also a safety risk to consumers especially children who may not distinguish between Hershey’s candy products and defendants cannabis- and/or tetrahydrocannabinol-based products. In his statement, Mayes said TinctureBelle uses heat-sealed, non-transparent, child-proof packaging for its products, which, he said, are sold in Colorado’s medical marijuana dispensaries and to patients with Colorado-approved medical marijuana cards.

The suggestion made by some media reports that our products are available to children, and even sold side-by-side with Hershey products, is dumbfounding, and shows a profound lack of awareness of how infused cannabis products are regulated, manufactured, and sold under Colorado’s strict regulatory regime, Mayes said. We’ve reached out to the Hershey Co. for comment and will update when we get it. Hershey also recently sued a Maryland state senator , Stephen Hershey, for using a chocolate-colored, Hershey-bar-resembling sign in his campaign. The company, which has tangled with Sen. Hershey before, filed a claim in District Court in Maryland, asking a judge to force him to change his campaign signs. Candy bar or campaign sign?

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Colorado Preparing To Spend $9 Million On Medical Pot Research, According To The Denver Post

From left, Christopher Nagel and Channing Henson of Natural Remedies prepare medical marijuana for Brian Hamel of Denver at the dispensary in Denver last

The money for the grant program will come from registration fees paid by medical marijuana patients. Wolk said the health department is assembling the oversight committee that will review grant applications. He hopes to begin accepting applications in the second half of 2014, with funding for studies going out in early 2015. He expects the state will be able to fund 10 to 15 studies. Wolk said research on the medical conditions approved for marijuana use in Colorado would take priority. But he said the state also would consider funding other types of studies even local clinical trials on pharmaceutical drugs derived from marijuana. “We’re trying to turn over all the stones on this,” he said.

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Medical Marijuana: It’s The Compassionate Thing To Do

FILE - In this Nov. 28, 2012 file photo, millionaire artist Stanley Marsh 3 is booked into the Potter County, Texas, Detention Center. Stanley Marsh 3, whose partially buried row of Cadillacs became a road-side tourist attraction in the 1970s, died Tuesday, June 17, 2014. He was 76. (AP Photo/Amarillo Globe-News, Michael Schumacher, File) MANDATORY CREDIT; MAGS OUT; TV OUT

Their primary strategy is to conflate the concepts of medical marijuana and outright legalization, alleging that one is basically analogous to the other. This is a spurious claim as it pertains to Amendment 2. The Florida Supreme Court has already ruled that this measure would only grant access to qualified patients with debilitating conditions. Their attempts at establishing parallels between Florida’s proposed amendment and marijuana laws in California and Colorado are also disingenuous. California does not have statewide regulations governing medical marijuana, something that Florida’s amendment specifically calls for, and Colorado allows for the recreational use of marijuana, which Amendment 2 explicitly rejects. Opponents are also relying on fears about increased marijuana use among teens, something that I am sensitive to as the father of two teenage daughters.

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D.C. Council Speeds Toward Law That Would Let Medical Marijuana Be Used For Many Health Problems

Yvette M. Alexander (D-Ward 7), chairman of the Health Committee, said that with just 400 patients in the District , or a few dozen a month, approved for the use of medical marijuana so far, the city’s year-old program has yet to become the benefit to the Districts 645,000 residents that lawmakers envisioned. The committee also heard testimony on a companion bill by council member David Grosso (I-At Large) that would allow the city’s three current dispensaries, as well as those allowed to open in the future, to increase cultivation from a maximum of less than 100 plants to 500 each.

Grosso said the increased production would be key to creating enough marijuana so it could be manufactured into pills and liquids, which, among other uses, are the methods of ingestion preferred for children with debilitating epilepsy. If you push one button over here, you’re going to have an effect over there: We need to consider all of these issues together at once, Grosso said. The city’s health director, Joxel Garcia, said he supported giving doctors more flexibility and added that the Health Department had begun allowing patients to apply online for permission to purchase medical marijuana to help more benefit.

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Medical Marijuana Company Retaliates At Hershey Over Pot-Candy Lawsuit

A medical marijuana firm alleged that TinctureBelle’s weed-infused snacks including Ganja Joy, Hashees and Hasheath not only used names that were reminiscent of popular Hershey candies, but that their packaging was deceptively similar, too. Now, in a statement, TinctureBelle says the packaging was changed several months before Hershey filed suit. The lawsuit from Hershey came as a huge surprise to us, TinctureBelle President Char Mayes said in the statement.

Because we changed our entire label line approximately 6 months ago, long before these allegations surfaced last week.Our new packaging looks nothing like Hershey’s or anyone else’s. In addition to the packaging changes, the company said it also changed the name of its medicated chocolate and English toffee from Hasheath to Hasheats.

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Medical Marijuana “High-ly” Likely To Pass In NY Area

Negotiations are sensitive and ongoing, but passage appears to be within reach.The Governor is likely to sign any proposed legislation into law, despite professed reservations, sources say. Its looking good, a source working on the legislation tells Brooklyn Brief, who did not wish to be named due to the sensitive and ongoing nature of the negotiations. We believe it will be taken up right before the end of the legislative session and were hopeful it will pass.

For over a decade, patients right advocates, libertarians, and drug reform activists in New York have pushed for the legislature to embrace such a law.On May 27th, the State Assembly passed a medical marijuana bill for the fifth time in history (but prior passages were never considered by the Senate). This time, the bill passed by a wide margin of 9134 and, after a false start, the State Senate began to actively consider the bill.

Known as the Compassionate Care Act, the bill would provide relief for thousands of New York patients suffering from serious and debilitating conditions, such as cancer, MS, and epilepsy, by allowing the use of medical marijuana under the supervision of their healthcare provider. According to a recent poll by the Siena Research Institute, New Yorkers strongly support legalizing medical marijuana for patients suffering from serious illness. The issue might be what medical conditions make the cut. The Senate might be putting together a list of what type of specific illnesses will warrant medical marijuana, the source said.

This list will most likely be the negotiating portion. Other outlets have reported that three-way talks between the Assembly, Senate, and Governor Cuomo have already commenced. Other possible sticking points include the level of training required for health care providers and security measures to keep the supply from flowing into the illegal drug trade. The Governor, for his part, has professed his support for the overall effort on medical marijuana legislation, but on a radio broadcast today, indicated that it makes law enforcement very nervous and there are questions that have to be answered.

Currently, twenty one states and the District of Columbia allow the use of medical marijuana for treating a broad range of medical conditions. Minnesota recently passed legislation allowing medical marijuana and now awaits the governors signature to become law. The bill that passed in New York’s State Assembly is A6357-2013; the pending Senate version isS4406A-2013.

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Medical Marijuana Dispensary CEO In Egg Harbor Township Quits

“I am thankful to Bill. He served us and the patients well — a lot of patients got good care because of him,” Knowlton said, describing Thomas’ departure as “cordial” and calling him “a dear friend.” Others who helped launch the business have also given the dispensary a break, Knowlton said. The landlord “has taken a significantly reduced amount” for rent, and employees have volunteered extra time. “That part has been heart-warming,” he said. The dispensary’s chief operating officer, Tom Prendergast, has assumed the day-to-day managing role, assisted by the chief financial officer, Larry McCabe, Knowlton said. A former deputy health commissioner and the president of the New Jersey Health Care Quality Institute, a consumer research and advocacy group, Knowlton said he was talking to the state about making some changes to the program.

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Medical Marijuana Billboard For Wicker Park Consultant Now On Eisenhower

Reid and Jacobi continue to charge a $99 fee for doctor visits as well as $159 for their “comprehensive service plan,” which includes, among other things, “In-office Consultation with a Medical Marijuana (MMJ) expert” and “management of the state application process and renewal,” according to the Good Intentions website . The company is also careful not to call itself a clinic these days, and Reid bills Good Intentions as more of a “consulting” business for patients who want to learn more about medical marijuana options. But he is offering his Wicker Park office to doctors who want to see patients, Reid said.

The Illinois law, signed by Gov. Pat Quinn in August about a week before Good Intentions opened, stipulates that those eligible for medical pot have at least one of about 40 serious medical conditions, including cancer, AIDS and Crohn’s disease, among others. According to proposed rules submitted by the Illinois Department of Public Health, those hoping to receive medical pot can’t submit an application until September. Reid said Good Intentions is there to help both patients and doctors navigate the law, which requires patients receive fingerprinting, background checks and photo identification. “These are not [medical] conditions where people just have all the time and energy in the world to fill out state applications,” Reid said.

Susan Hofer, a spokeswoman for the Illinois Department of Financial & Professional Regulation, said the complaint against Murray is ongoing and urged caution for those hoping to receive marijuana from anyone other than a doctor. “A person seeking certification for medical cannabis should work with their physician, the one treating the condition for which they believe they’re eligible,” she said. But Reid said he’s encountered a number of potential patients who don’t have doctors, and that Good Intentions can refer them to the right physician. Reid said he’s also seen a number of people who have been handed fake certifications by so-called doctors promising pot.

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