Study: Oregonians to Purchase 1.3 Million Ounces of Cannabis in First Year of Legalization

A new study conducted by ECONorthwest has found that the market for legalized cannabis in Oregon is quite large, and would garnerjillybean tens of millions of dollars in taxes for the state in the first year.

The study, which was commissioned by New Approach Oregon, the group behind an initiative to legalize cannabis which was recently placed on the November ballot, found that in the first year of legal cannabis sales, Oregonians are likely to purchase over 1.3 million ounces (or 81,250 pounds) of cannabis. This, according to the tax rate put in place by the initiative, would equal over $38 million in taxes for the state; this isn’t counting the money saved from reduced enforcement costs. Read the rest of this entry »

New Poll: Only 14% in Australia Oppose Medical Cannabis Legalization

A newaustralia 7-News / ReachTEL poll has found that a strong majority of those in Australia favor the legalization of medical cannabis.

According to the poll, roughly 65% of Australia residents support allowing the use of cannabis for medical purposes. Only 14.4% are opposed to the move, with the remainder being undecided. Read the rest of this entry »

Initiative to Legalize Cannabis in South Portland, Maine, to be on November Ballot

South Portland has certified an initiative to legalize recreational cannabis in the city after verifying that at least 959 of thecsm over 1,500 signatures submitted were valid (from registered South Portland voters). The proposal will now be discussed by the City Council (on August 4th), who can either approve the bill directly into law, or send it to voters by placing it on the November ballot. The Council has already expressed its opposition to the measure, indicating that city voters will get an opportunity to voice their opinion on the issue.

If the initiative is approved by the Council, or by voters, it would legalize the possession, use and transfer of up to an ounce of cannabis for those 21 and older. A similar initiative was overwhelmingly approved by voters last year in Portland, with just 30% voting in opposition. Read the rest of this entry »

Initiative to Legalize Recreational Cannabis in Oregon Officially Qualifies for November Ballot

An initiative to legalize recreational cannabis in the State of Oregon has officially qualified for this November’s general election ballotoregon, according to New Approach Oregon, the group behind the proposal. The group submitted over 145,000 signatures in June, well more than the 87,000 required, and the state has now verified that enough of the signatures were valid.

If approved into law by voters, the initiative will legalize the possession of up to eight ounces of cannabis, the private cultivation of up to four cannabis plants, and state-licensed cannabis retail outlets which will be regulated by the Oregon Liquor Control Commission. The initiative will only apply to those 21 and older. Read the rest of this entry »

Study Finds THC Use Safe For Adults Over 65

A new study out of the Netherlands has determined THC use to be safe for older adults, specifically those over 65.thc

Researchers from the Department of Geriatric Medicine and Radboud Alzheimer Centre, the Department of Pharmacy, the Department for Health Evidence and the Department of Pharmacology and Toxicology out of Radboud University Medical Center reviewed the effects of pure THC when administered to adults over the age of 65. The results, while unsurprising to some, offer new evidence that THC can provide treatment for a myriad of ailments for people of all ages. Read the rest of this entry »

German Court Legalizes Medical Cannabis Cultivation

A German court in Cologne has ruled that those suffering from chronic pain may grow their own cannabis for medical purposes in certain situations.marijuana plant 400

The case came as five people suffering from chronic pain brought a complaint to the court claiming that the nation’s Federal Institute for Drugs and Medical Devices refused them permission to grow cannabis at home, despite them having limited access to the medicine and it not being covered by their insurance.

The court ruled that three of the plaintiffs met the requirements to grow cannabis because it was “sufficiently certain” that they wouldn’t be able to access the medicine viably through other means. Read the rest of this entry »

THC Can Protect Against Inflammation-Induced Cognitive Damage, According to New Study

Low doses of THC (tetrahydrocannabinol) can protect the brain from neuroinflammation-induced cognitive damage andthcannabis “might be used as an effective drug for the treatment of neuroinflammatory conditions, including neurodegenerative diseases”, according to a new study published in the Journal of Neuroscience Research.

“In our previous studies, we found that a single ultralow dose of tetrahydrocannabinol (THC; 0.002 mg/kg, three to four orders of magnitude lower than the conventional doses) protects the brain from different insults that cause cognitive deficits”, says the study’s researchers. “Because various insults may trigger a neuroinflammatory response that leads to secondary damage to the brain, the current study tested whether this extremely low dose of THC could protect the brain from inflammation-induced cognitive deficits.” Read the rest of this entry »

Illinois Governor Signs Bill Legalizing Medical Cannabis for Children and Adults with Epilepsy

A proposal that legalizes medical cannabis for those with epilepsy – including minors – has been signed into law by Illinois Governor Pay Quinnillinois. The measure, Senate Bill 2636, allows those with epilepsy to possess and consume cannabis, as well as purchase it from dispensaries, if they receive a recommendation from a physician.

Last year Illinois legalized medical cannabis, allowing the possession and state-licensed distribution of the medicine for those with a qualifying condition who receive a recommendation from a physician. Senate Bill 2636 adds epilepsy to the list of qualifying conditions, and explicitly allows those under 18 with the condition to become a medical cannabis patient, though they would only be authorized to use cannabis extracts, and not the whole cannabis plant. Prior to the signing of this new law, an individual under 18 wasn’t allowed to become a qualified patient regardless of their condition. Read the rest of this entry »

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