Category Archive: News

Colorado Division of Financial Services Grants Charter to Credit Union for Cannabis Industry

By Associated Press DENVER, CO — Colorado has granted a charter for the first financial institution to serve its cash-only marijuana industry. However, before it can open permanently for business, action is also required by the National Credit Union Administration and Federal Reserve. The Colorado Division of Financial Services issued the charter Wednesday to The …

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Report: Washington to Garner Over $694 Million in Taxes from Legal Cannabis by 2019

Washington State is set to bring in over $694 million in taxes from legal recreational cannabis sales by the middle of 2019, according to a new report released by the Economic and Revenue Forecast Council. The number is up from the Council’s September prediction of $636 million. The report shows that the state is expected …

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Federal Bill Introduced to Overturn Ban on Veterans Affairs Physicians Recommending Marijuana

By Americans for Safe Access “Veterans Equal Access Act” would allow VA physicians to discuss medical marijuana with their patients without federal censure WASHINGTON, DC — U.S. House Representatives Earl Blumenauer (D-OR) and Dana Rohrabacher (R-CA), along with ten bipartisan Congressional cosponsors introduced the “Veterans Equal Access Act” (VEAA) today, marking a concerted federal effort …

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Study: Cannabis Can Treat Pain Caused by Pancreatitis

Cannabis can treat pain related behavior caused by alcohol and high fat induced pancreatitis, according to a study being published in the journal Molecular Pain, and e-published ahead of print by the National Institute of Health. According to the study; “Chronic Pancreatitis (CP) is a complex and multifactorial syndrome. Many contributing factors result in development …

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New York City Law Decriminalizing Public Display of Cannabis Now in Effect

A new policy decriminalizing the public display of up to 25 grams of cannabis is now in effect in New York City, as of Wednesday, November 19th. The new policy was put forth by Mayor Bill de Blasio. Under New York State law, the possession of up to 25 grams of cannabis is a ticketable, …

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Study: Medical Cannabis Legalization Reduces Suicides

The legalization of medical cannabis significantly reduces suicide rates, especially among young adults, according to a study published in the current issue of the American Journal of Public Health. For the study, researchers “obtained state-level suicide data from the National Vital Statistics System’s Mortality Detail Files for 1990–2007″, and used “regression analysis [studying economic conditions, …

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California Attorney General: Cannabis Legalization is an Inevitability

Attorney General Kamala Harris, who recently won reelection in California, says that cannabis legalization has a “certain inevitability” about it, while also announcing that she’s not opposed to the move. “I am not opposed to the legalization of marijuana”, Harris told Buzzfeed. “I’m the top cop, and so I have to look at it from …

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Iowa Board of Pharmacy to Consider the Reclassification of Marijuana

By Alizeh Siddiqui, Marijuana Policy Project DES MOINES, IA — The Iowa Board of Pharmacy is considering renewing its recommendation that the state reclassify marijuana in a way that would make it easier to use the substance legally for medical purposes, following a hearing in the state’s capital Monday where patients, medical professionals, and drug-abuse …

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‘Vape’ Named Oxford Dictionaries Word Of The Year

Vape has officially won Oxford Dictionaries Word of the Year. “As 2014 draws to a close, it’s time to look back and see which words have been significant throughout the past twelve months, and to announce the Oxford Dictionaries Word of the Year“, says Oxford on their website’s blog. “Without further ado, we can exclusively …

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79-Year-Old Man Found With $15 Million in Cash, 400 Pounds of Cannabis, Challenges Charges

By Associated Press When police in Junction City, Kansas, stopped a beat-up pickup truck for speeding in June 2013, the driver got a lot more than a traffic ticket: The stop led authorities to Massachusetts and Arizona, where they said they found about $15 million in cash, almost 400 pounds of marijuana and ledgers detailing …

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