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Medical Marijuana Industry News October 12, 2012

melissa etheridge

Melissa Etheridge Becomes Newest Celeb to Endorse Marijuana Legalization…

Melissa Etheridge, has provided inspiration to many people through her music and her successful fight against breast cancer.  The singer of popular songs such as “Come to My Window” has now come out in support of Colorado’s Amendment 64.  She appears on an advertisement and says she supports the legalization initiative “because a few years ago I was going through cancer chemotherapy and I was suffering.”  She also goes on to say “Prescription drugs were not helping. The only thing that allowed me to function and regain my strength was marijuana and I’m grateful for the relief it provided me. You know before I needed to use marijuana I just accepted the laws that treated marijuana users as criminals. But it’s funny how a serious illness can give you a new outlook on life.  I now see that it’s wrong to arrest adults for using marijuana and it’s even more wrong to allow gangs and cartels to profit from selling marijuana. Instead we should allow adults to possess limited amounts of marijuana and we should regulate marijuana sales in order to generate tax revenues for public schools construction and other community needs. To me, regulating marijuana is simply the right thing to do. Please vote yes on Amendment 64.”  Residents will have the opportunity to vote on passing the marijuana legalization law.  If they do so, marijuana will be treated in a similar way to alcohol with those 21 and over being to purchase it in a controlled, regulated, and taxed manor.

 

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Study Shows Missouri Could Make $149 Million off of Marijuana Legalization…

Last night America watched the two vice presidential candidates argue over taxes and the economy.  We did not hear any fresh ideas, but thankfully, a study in Missouri will provide us with information as to how we can jumpstart the economy.  Three states will have their residents vote on whether or not to legalize, regulate, and tax recreational marijuana.  In the above story we already mentioned Colorado, but Oregon and Washington State will also be putting similar measures to the people.  Missouri may join these states in the future as a study released by the groups National Cannabis Coalition and Show-Me Cannabis with the help of Harvard University economist Dr. Jeffrey Miron.  According to the groups Missouri would generate over $149 million if the state legalized marijuana.  This statistic includes $90 million saved by reducing funds associated with incarcerations, arrests, and prosecutions of marijuana offenders.  The additional $59 million would come through taxes placed on marijuana sales.  Dr. Miron said “The main thing I hope people think about is, ‘Why should the government be intervening with individuals using marijuana?”

 

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City Of Oakland Stands Up For Patients and Local Collectives….

Federal agents have been targeting the world’s largest medical marijuana dispensary, Harborside Health Center, for some time now.  Harborside is known to serve many patients and has gained even more attention as they were the focus of a Discovery Channel show, Weed Wars.  The Feds are attempting to seize the property that Harborside Health occupies, however, in what may be an unprecedented move, the City of Oakland is not sitting idle.  They have filed a lawsuit contending the federal government’s right to do so.  City Attorney Barbara Parker said “This lawsuit is about protecting the rights of legitimate medical patients. “I am deeply dismayed that the federal government would seek to deny these rights and deprive thousands of seriously ill Californians of access to safe, affordable and effective medicine.”   Harborside’s famous Executive Director, Steve DeAngelo said  “It is heartening to see the city stand up and support us.”  Oakland is notoriously struggling financially and many analysts are wondering how big the impact would be if Harborside was closed.  The dispensary paid $3.5 million in taxes with over $1 million going directly to the city of Oakland.

 

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Developing Stories in California

la city councilFrom a national standpoint, marijuana reform efforts have been achieving a great deal of success as of late.  Voters in Washington, Colorado, and Oregon will actually have the opportunity to legalize, tax, and regulate marijuana use this November.  Even though the situation is not as upbeat in California, the state remains the epicenter for American …continue reading

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Breathe deeply: Study Shows Marijuana Doesn’t Impact Long-term Breathing

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We at marijuana.internet had high hopes entering this year.  Nevertheless the news continues to be much more positive than we anticipated.  Earlier within the week we reported that new research outlined marijuana’s effectiveness in assisting patients struggling with Aids/Helps.  On the more surprising and myth busting note, new research implies that marijuana might not have any effect on long-term breathing.

The 2009 week is a result of the research were launched through the Journal from the Ama.  The research spanned two decades and is among the longest ever to evaluate health results of marijuana.  The research would be a collaborative effort with scientists from College of California (Bay Area) and College of Alabama (Birmingham) adding.  The research started way in 1985 and it is an uncommon marijuana study to savor federal funding in the National Institute on Substance Abuse.  The research chose 5115 participants, both males and ladies from Birmingham, Concord, Ontario, and Chicago.

Most professionals think that smoking marijuana involves much deeper inhales which can lead to a strengthening from the lung tissue.  Researchers are warning more research must be done, however for medical cannabis advocates this news is welcomed.  The research comes at any given time where competitors of medicinal marijuana continue to be flexing their muscles within the mirror following the federal raids last fall.  The brand new information is a blow to detractors as recent news of increasing prescription abuse and the introduction of pure hydrocodone have worried many authorities and also the public.  Although researchers informed the study didn’t concentrate on cancer particularly, previous studies haven’t created a hyperlink between marijuana use and cancer.  Furthermore, scientists are wishing to evaluate the results of long-term marijuana use for individuals with heavier intake, even though this study implies that clearly cigarettes is much more dangerous in the long run.

The usual understanding on marijuana formally transformed now since many held the fact that ANY breathed in smoke was harmful towards the lung area.  This seems to become simply incorrect and advocates are now able to see among the longest held counter arguments to medicinal marijuana finally be offer relaxation.  Although this is tremendous news for that scientific community, many patients have moved beyond fretting about breathing in smoke as advocates have recognized for years that techniques for example vaporizing and dental ingestion (food items) happen to be viable options.  Overall these answers are encouraging and really should hopefully signal the requirement for future research to ensure that us to know the entire potential from the marijuana plant.

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Concord Taxes Medicinal Marijuana

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Creating a completely new and legit industry could be greater than a challenging undertaking, particularly when you will find strong sentiments against it.  Medical marijuana may take a long time to achieve mainstream momentum, but recently it’s acquired the support over 80% of People in america. Throughout this same time period the economy has joined an economic downturn:  excellent unemployment rates along with a massive mortgage industry meltdown have placed our economy in a condition of unrest.

Government authorities looked for brand new causes of revenue.  In This summer, of 2009 the town of Concord approved legislation that generate a structure for taxing medicinal marijuana.

Concord won’t be the only real city inside the U . s . States seeking new streams of revenue.  Other metropolitan areas may wish to tax medicinal marijuana or perhaps attempt to take advantage of other industries they formerly i never thought of.   It may also help government bodies to keep close track of the finances of those large and mostly cash companies.  
The entire year 2008 will probably be appreciated for a lot of landmark occasions.  Unfortunately an economy around the edge will stick out just as much or maybe more than every other occasions of this year.  Hopefully it could also be viewed as the catalyst for any more structured and controlled medicinal marijuana industry.  We often hear the modern revenue is within eco-friendly jobs.  This statement could have a double meaning as Concord has shown that another eco-friendly industry may stimulate our economy.

Sources:

LA Occasions  Oakland voters approve a tax on medicinal marijuana

CNN  Oakland, California, passes landmark marijuana tax

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