United States

Synonyms: 
USA
the states
the US
Thu
26
Jan

Marijuana banking grows, terminations too

More financial institutions are servicing the marijuana industry, but depositories have terminated 5,650 accounts at an increasingly rapid clip. The data shows incremental improvement for a previously locked-out industry, but the gains are not keeping pace with the industry's exponential revenue growth.

Between June 2016 and September 2016, U.S. financial institutions terminated roughly 8.8 accounts per day, up from a rate of 7.5 terminations per day from November 2015 to May 2016. At the same time, the number of depositories servicing the industry has increased 15.6% year over year.

Thu
26
Jan

Tokin' with Tolbert: A monthly marijuana column

Ever wonder how you can go from being high to stoned? Well, it’s not always how much you smoke but what.

Delta-9-tetrahydrocannabinol (THC) is the most widely known compound found in cannabis, but isn’t the only thing that can add to your weed smoking experience. Typically, a marijuana strain testing over 15 percent THC is considered potent but few fail to realize the other contributing factors.

The aroma of marijuana is usually the first thing that draws you into a specific strain or it could also be a deterring factor. Every time I purchase cannabis, I don’t just factor in the THC content but also the smells, look and density.

Thu
26
Jan

NFLPA Preparing Proposal to Change Penalties for Marijuana Use

The National Football League Players Association is putting a formal structure to a growing movement within its ranks that is calling for change in how the league treats marijuana.

Mark Maske of the Washington Post reports that NFLPA leaders are drafting a proposal which will change how the league penalizes players who test positive for marijuana.

NFLPA executive director DeMaurice Smith has not provided any specifics on how the union might look to alter the penalty structure, but he has said that the union has been looking at shifting the focus of the “discipline” from a punitive approach to a treatment emphasis.

Thu
26
Jan

Jeff Sessions Answers Questions About Marijuana in the United States

The entire cannabis community is still waiting on bended knee to find out exactly what Alabama Senator Jeff Sessions will do with legal marijuana if he is confirmed as the next Attorney General of the United States. So far, the AG nominee has been extremely vague in his answers with respect to if he plans to continue allowing weed to be grown and sold in legal states or if he will call out the dogs of the U.S. Drug Enforcement Administration and let them devour the industry and squat it out on the White House lawn.

Earlier this month, Sessions testified before the Senate Judiciary Committee that he wouldn’t “commit to never enforcing federal law,” but in a roundabout way he agreed that kicking down the doors of legal cannabis businesses could be a waste of federal resources.

Wed
25
Jan

Is Marijuana Money the Answer to Fund Washington Schools?

In a flashback to 2015, some Republican legislators are looking to marijuana revenue as a possible solution to Washington’s education-funding problems. Democrats aren’t totally opposed but say there’s not nearly enough pot money to fill the school funding holes.

It’s a question that Republican senators have asked during state budget battles from time to time: Why can’t Washington, flush with marijuana tax revenue far outpacing old projections, use that money to help solve the state’s school-funding crisis?

Well, it can. To a small extent it already does. And there is at least surface-level bipartisan agreement that maybe the state should look at pot money as a partial solution to the education-funding gap that the Supreme Court has ordered the Legislature to fill.

Wed
25
Jan

25 Lies About Cannabis on the DEA Website — Refuted by the DEA Itself in 2016

With eight states legalizing recreational cannabis and 26 other states legalizing medical cannabis use, federal government is the biggest obstacle to freedom – despite more and more U.S. lawmakers pushing for medical access and even complete decriminalization.

By far the biggest obstruction to a fact-based approach to cannabis is the U.S. Drug Enforcement Agency (DEA), which maintains cannabis as a Schedule 1 narcotic. This most restrictive category, which includes heroin and methamphetamine, is described as having “no currently accepted medical use and a high potential for abuse.”

Wed
25
Jan

Marijuana Business Executives Offer Advice In A Time Of Political Uncertainty

President Trump voiced support for medical marijuana and states’ rights during his campaign, but Jeff Sessions, his pick for Attorney General, has opposed legalization, and will have the power to enforce the federal drug laws that could send people to prison. This political uncertainty adds a new level of risk to entrepreneurs who already operate in an evolving landscape that requires flexibility and creativity.

If it's allowed to evolve, the legal cannabis market just in California, could top $4.5B  in sales within 3-5 years of the first recreational shops opening there, and over $7B nationwide, according to analysis by Marijuana Business Daily.

Wed
25
Jan

'Big' John Mccarthy Weighs in on Medical Marijuana

“Big” John McCarthy is a pioneer in mixed martial arts.  He has refereed fights since 1994 beginning with UFC 2. He’s played an enormous role in rule implementation and regulation of the sport that helped bring it from a grassroots following into mainstream America.

McCarthy recently sat down with Vegas CANNABIS, a local Las Vegas publication, to talk about medical marijuana.  While McCarthy has never used marijuana, his wife uses medical cannabis to help treat her symptoms of lupus.  McCarthy spoke about the benefits of medical marijuana and how it impacts MMA. 

Wed
25
Jan

What are THC, CBD, and Other Cannabis-Derived Transdermal Patches?

Transdermal cannabis patches are a unique method of cannabis consumption. You needn’t inhale nor ingest to experience its effects. In fact, you don’t even need to touch a cannabis flower at all. All the work is done by a simple patch adhered to a veinous area of the body, thus allowing the cannabinoids to go to work entering the bloodstream for an effective and long-lasting response.

Wed
25
Jan

The Cannabis Industry is Driving Agtech Innovation

Cannabis is currently the world’s most explosive industry, but the boom will not be limited to medicine and hemp. Advances made in technology for growing, tracking and testing cannabis will extend to agriculture as a whole.

Agtech has been a buzzword in Silicon Valley the past few years, with a record $2.7 billion invested in the space in 2015. But so far returns haven’t met expectations. Part of it is tight margins, which make it tough for farmers to invest in R&D and innovation, even if they can demonstrate a positive ROI. But even more so, many farmers are extremely risk-averse, and they don’t want to pilot technologies, but would readily adopt proven systems.

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