Month: March 2016

Colorado Springs Giving Vets Free Marijuana For Pain and PTSD Symptoms

Colorado Springs Giving Vets Free Marijuana For Pain and PTSD Symptoms

Posted by | Mar 31, 2016 | |

A cannabis club in Colorado Springs has begun handing out free marijuana to military veterans in hopes to give them relief from issues such as PTSD (post-traumatic stress disorder) and chronic pain. Many of these veterans suffer from these issues since returning home from various deployments in war zones. Over the weekend, the Veteran Farmers Alliance group handed out more than half a pound of marijuana and pot edibles to the veterans, averaging a total worth of $1,400. The founder of the group suffered from these post-war issues himself and is attempting to get other organizations to follow along...

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Michigan Likely To Say Yes to Pot

Michigan Likely To Say Yes to Pot

Posted by | Mar 29, 2016 | |

A recent survey found that 53% of Michigan residents who are likely to vote this fall would say yes to legalizing and taxing marijuana. Supporters of legalizing the drug say that this number is of no surprise to them. Support for the legalization of marijuana has continued to increase over the years in Michigan at a rate of at least 2% per year. These numbers are also accounting for a number of people who do not feel comfortable admitting their preference on marijuana legalization to a pollster. This ballot proposal would allow residents of Michigan 21 years of age or...

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Cannabis Stock Skyrockets After Studies Prove Its Drug Reduced Seizures

Cannabis Stock Skyrockets After Studies Prove Its Drug Reduced Seizures

Posted by | Mar 25, 2016 | |

British company, GW Pharmaceuticals, has given investors peace of mind that they are legitimate and ready to push forward past competitors in the marijuana industry. GW Pharmaceuticals recently released a a cannabinoid drug, Epidolex. After numerous studies, the company has proven that this drug has the ability to reduce seizures for children suffering from a rare form of epilepsy. Shortly following this announcement, shares of the company soared on the news, rising 30% to $88.94. Following suit, Pennsylvania-based drug maker Zynerba Pharmaceuticals stock also rose by 150% during trading Monday. Similar to GW, Zynerba is currently producing and testing...

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Marijuana News – Where Are The States Heading For Legalizing Marijuana?

Marijuana News – Where Are The States Heading For Legalizing Marijuana?

Posted by | Mar 24, 2016 | |

Arizona — A campaign being led by the Marijuana Policy Project of Arizona would legalize the possession and consumption of marijuana for adults 21 and older, and allow them to grow up to six plants in their homes. The initiative needs over 150,000 signatures by July 7 to place the question on the 2016 ballot. California — Legalization advocates filed the state’s ninth recreational marijuana legalization initiative, the Adult Use of Marijuana Act, but need to collect 365,880 signatures before the state’s Feb. 4 deadline to appear on the 2016 ballot. Florida — Two different groups are working to legalize medical cannabis. Floridians for Freedom has begun collecting petition signatures from...

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Weed Business is Expected to Hit $44 Billion in Economic Impact By 2020

Weed Business is Expected to Hit $44 Billion in Economic Impact By 2020

Posted by | Mar 22, 2016 | |

Marijuana is growing everywhere, and the business behind the drug is growing even faster. In its annual report on the U.S cannabis industry, Marijuana Business Daily predicted up to $44 billion in economic impact from the marijuana industry by 2020. To put this number into context, it is roughly equivalent to the current market cap of the huge company we all know as Netflix. This $44 Billion is not derived simply from the sales, but from the sales plus all of the money pumped into the economy as a direct result of sales. It is extending to everything down the...

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