Archives

All posts by cited in article

Upon legalization of adult-use cannabis in Colorado in 2014, an instant curiosity among regular revelers of that summer’s Food & Wine Classic in Aspen begged the question of just how long it might take for the plant to play a role in official festivities. Five years later, cannabis has made history at the world’s preeminent festival for foodies.

For the first time, in its 37th year, the Food & Wine Classic (June 14-16), welcomed two CBD companies, Grön CBD and Fleur d’Henri, as exhibitors in the Grand Tasting Pavilion, which plays host to the world’s leading food, wine, spirits, travel and hospitality brands. Beyond the tents, Happy Planet CBD sponsored the Food & Wine Classic 5K Charity Race, where salve samples were at the ready for runners pre- and post-race. And while not discussed during her “Summer Entertaining” seminar, this year’s headlining guest Martha Stewart is even going green as a consultant for Canadian marijuana giant Canopy Growth where she is advising on development for a CBD line for people and their pets.

– Read the entire article at News.

Read More Here…



Ottawa and the provinces made $186 million from various taxes on cannabis from last October through the end of March, numbers released Wednesday show.

The provinces took the lion’s share of that money, with $132 million in combined sales tax and excise tax revenue; the federal treasury took in $55 million.

Governments face a dilemma taxing cannabis, says Brock University business professor Michael Armstrong.

“It’s a tradeoff — the more you increase taxes the more revenue you get, but that increases prices and makes you less competitive with the black market.”

– Read the entire article at Global News.

Read More Here…



According to a report by Statistics Canada (first reported on by Reuters), Ottawa collected a combined C$55 million in revenue via federal excise and goods and services taxes. Provincial tax revenues were estimated at a combined C$132 million. Although this is obviously a large number, the figures were below projections, said Robyn Gibbard, an economist for the Conference Board of Canada think tank, “thanks in part to the bumpy rollout of legalization last fall.” Gibbard says; “However, we think that as the kinks are worked out, governments can expect strong growth in revenues from cannabis sales going forward”.

Earlier this year, several Canadian provinces, including Ontario and British Columbia, cut their cannabis-revenue forecasts because of a slow start caused by supply shortages and higher prices compared with the black market. In Ontario, Canada’s most populous province, retail cannabis stores only opened at the beginning of April.

Government tax revenues from cannabis sales “may rise further in the second half of the year, as additional cannabis retail outlets are scheduled to open,” Statistics Canada said. Under Canada’s legalization framework, the federal government receives 25% of the excise tax revenue, with the remaining amount going to the province where any

Read More Here…



Here’s the latest proclamation to fan the flames over the country’s burgeoning marijuana legalization movement; a group of doctors published an op-ed in the Sunday New York Times advocating for the legal age of cannabis consumption to be raised to 25.

Physicians Kenneth L. Davis and Mary Jeanne Kreek penned the missive, which seeks to alert people to the risks of cannabis consumption early on in life and encourages the development of educational campaigns to raise awareness about the drug’s health risks.

“Regular exposure to THC in adolescents can permanently change neuropathways that are related to cognition, including learning, attention and emotional responses,” they write.

In many US states that have regulated recreational marijuana, the age limit is the same cut-off as alcohol, 21 years old.

The doctors cite a passel of studies that suggest that cannabis has negative effects on kids, from attention span to their ability to process information and memory. One investigation actually showed that IQ scores dropped among individuals who used cannabis on a regular basis as kids.

Not all studies have found that cannabis has deleterious effects on children’s functioning. In Jamaica, a seminal study by Melanie Dreher on Jamaican children whose mothers consumed cannabis

Read More Here…



Researchers at the Ottawa Hospital Research Institute found that cannabis use during pregnancy may increase the risk of delivering the child early. The study, which was published Tuesday in the Journal of the American Medical Association, evaluated 661,617 pregnancies, among them 9,427 women who said they were cannabis users. Twelve percent of the pregnant cannabis users experienced preterm births, compared with only six percent of non cannabis users.

Still, some caveats are in order. The researchers said that among those who used cannabis during pregnancy, there were plenty of additional risk factors: 59 percent used tobacco, while nearly 20 percent used alcohol. Another 11 percent said they also used opioids. Among the women who said they only used cannabis and no other substances, the rate of preterm birth stood at 9.1%.

“It may be that cannabis exposure is associated more strongly with early and moderate preterm births as opposed to very preterm births, which may have different risk factors including infection, pregnancy-induced hypertension, or incompetent cervix,” the authors wrote. “The risk of preterm birth associated with cannabis exposure was statistically significant in subgroups of women who only used cannabis and no other substances, and among women using tobacco. There was

Read More Here…



New York’s bid to legalize the adult use of cannabis is dead for the current legislative session, according to the bill’s primary sponsor. In a statement released Wednesday morning, Democratic Sen. Liz Krueger said that efforts to pass the Marijuana Regulation and Taxation Act (MRTA) had fallen short.

“It is now clear that MRTA is not going to pass this session,” Krueger said in a tweet. “This is not the end of the road, it is only a delay. Unfortunately, that delay means countless more New Yorkers will have their lives up-ended by unnecessary and racially disparate enforcement measures before we inevitably legalize.”

Negotiations Fail

If successful, MRTA would have legalized the recreational use of cannabis for adults 21 and older and established a system to regulate and tax marijuana sales. But negotiations among lawmakers failed to reach agreements on issues including how cannabis taxes would be used by the state, the expungement of convictions for past marijuana offenses, and the power of local governments to prohibit commercial cannabis activity in their jurisdictions.

“Through months of negotiation and conversation with the governor’s office and my legislative colleagues, we made great strides to improve our bill and bring more people on

Read More Here…



Curious about the status of cannabis? Here’s a map of where marijuana legalization stands across the country — and a deeper look into some places with disparate approaches to pot.

The country is moving forward with legalization at a record pace — but what that actually means can vary wildly from state to state. Some that are “medically legal” consider limited access to CBD to be enough, while others allow full ­recreational use, offering all forms of THC-rich, psychoactive products to anyone over 21. And then there’s Alabama. Here, a breakdown of what’s legal, what’s not, and where you should be looking next.

ALABAMA
Alabama was called out by the Southern Poverty Law Center for having “draconian” laws, including giving prosecutors the option to charge almost anyone caught with weed with felony distribution. As of 2016, black ­people were almost four times more likely to be arrested for possession than white people — and in some parts of the state, that factor jumped to 10.

– Read the entire article at Rolling Stone.

Read More Here…



Food and lifestyles guru Martha Stewart says the recipe for success she has followed throughout her career also applies to cannabis companies – offer quality products at fair prices.

Stewart spoke to about 650 cannabis industry leaders Tuesday at the World Cannabis Congress in Saint John, N.B.

In February, Stewart joined Ontario-based Canopy Growth Corp. in an advisory role to help develop a new line of products.

– Read the entire article at Global News.

Read More Here…



Somewhere between three and six million people in the United States suffer from fibromyalgia, a chronic pain syndrome that doctors scarcely understand and struggle to effectively treat. But for years, many fibromyalgia patients have shared their stories and experiences treating their symptoms with cannabis.

Yet while patients frequently self-report using cannabis to manage their fibromyalgia, there are only a few clinical studies that have assessed whether cannabis can be an effective treatment for the disease. The studies that do exist, however, all present positive results. And a new investigation into the characteristics, safety and effectiveness of medical cannabis therapy for fibromyalgia just added more evidence to the pile. According to the authors of that study, a team of medical researchers in Israel, cannabis may be a suitable treatment option for fibromyalgia.

Marijuana Helped Reduce Pain for 81 Percent of Fibromyalgia Patients

Safety and Efficacy of Medical Cannabis in Fibromyalgia,” a study published this month in the Journal of Clinical Medicine, assessed 367 fibromyalgia patients’ use of cannabis over a six-month period. Of those patients, 301 were women, and at the end of the six-month assessment period, 261 patients participated in a survey. (Some patients stopped their medical cannabis treatments.) That

Read More Here…



The U.S. Federal Aviation Administration has issued an advisory to clarify the agency’s cannabis policy for pilots. In a medical advisory published in the current issue of FAA Safety Briefing, FAA Federal Air Surgeon Dr. Michael Berry noted (in dated language) that as cannabis legalization in its various forms continues to spread across the country, the flying community has repeatedly shown interest in marijuana and CBD.

“The Federal Air Surgeon’s office has received a number of inquiries about marijuana, due to the recent increase in the number of states around the country that have approved its use for medical and recreational purposes,” Berry wrote. “Specifically, airmen are concerned about the safety of cannabidiol (CBD) oil use and how such use impacts an airman’s medical certificate. Be aware that federal law — not state law — governs FAA medical and pilot certification.

Berry reminded pilots that they could be subject to drug screenings that detect the use of marijuana and could affect their certification to fly.

“The U.S. Department of Transportation (DOT) drug test includes THC, and its presence at defined levels constitutes a positive drug test,” he wrote in the advisory.

Pilots Warned Against CBD Use

Berry also acknowledged the

Read More Here…