Special Senate Committee to Manage Oregon Medical Marijuana Issue

After the Oregon Legislature’s new marijuana committee hit an impasse Monday night, Oregon Senate president Peter Courtney formed a special Senate committee designed to help move beyond the issue.

Although the committee had mostly reached a consensus on SB 844, which aims to prevent the diversion of medical marijuana to black markets, the committee failed to decide whether to allow local communities to block the creation of medical marijuana facilities.

The special Senate committee is charged with bringing a consensus on the issue. Sen. Ginny Burdick (D.-Portland), the chair of the committee, believes she can achieve a bitpartisan majority in the Senate, which would help to sway the House. Burdick supports allowing localities to ban medical marijuana facilities. Voters could then put the issue on the ballot by gaining 4% of the vote in the last governor’s race.

A majority of the House currently wants any ban on such facilities to go directly to a people’s vote, so that medical marijuana patients won’t be immediately forced to lose access to the drug.

Sources:

http://www.oregonlive.com/mapes/index.ssf/2015/05/marijuana_committee_runs_into.html

http://www.oregonlive.com/mapes/index.ssf/2015/05/special_marijuana_committee_cr.html

End


Ohio County Prosecutor Says Current Marijuana Laws Are “Useless”

In Ohio, Hamilton County Prosecutor Joe Deters stated Tuesday that he believes the state’s current marijuana laws are “useless,” and that enforcing them is a “major waste of resources for law enforcement.”

Deters, a Republican known as one of Ohio’s toughest prosecutors, announced on Monday that he established a committee to study the positives and negatives of marijuana legalization. The task force will work in conjunction with ResponsibleOhio, the group bringing a legalization measure to the state’s fall ballot.

Deters stated that legalization is “coming across the county. The key is how to regulate.” However, he would not go so far as to outright support the change, nor will he necessarily support ResponsibleOhio’s measure.

No other non-judicial officeholder in Ohio currently supports legalization. ResponsibleOhio has been working to garner support for its proposal in other places, such as the state’s Fraternal Order of Police. The union’s president, Jay McDonald, said he has not yet been convinced by the ResponsibleOhio proposal, though he has conducted a comparative study of it with those that passed in Oregon and Colorado.

Meanwhile, the executive director of the Buckeye State Sheriff’s Association, Robert Cornwell, said that ResponsibleOhio has not approached them, and needn’t. “We will oppose the legalization of marijuana. Our board made that clear in March.”

Source:

http://www.dispatch.com/content/stories/local/2015/05/12/joe-deters-supports-marijuana-legalization.html

Photo Credit: Jim Bowen

End


New Jersey MMJ Lawsuit: Should Student Patients Be Allowed to Medicate on School Grounds?

The Larc School, a private school for children with disabilities located in Bellmawr, New Jersey, made headlines earlier this month when Roger and Lora Barbour, parents of 16-year-old Genny Barbour, filed a lawsuit against the school for barring their daughter from taking her prescribed cannabis oil on school grounds. Genny, who suffers from epilepsy and autism, began taking the oil in August 2014 to help reduce the number of seizures she experiences. According to her medical records, this treatment has been successful.

The School’s Offer and Subsequent Lawsuit

To avoid violating federal law by having the cannabis oil brought onto campus, The Larc School offered that Lora Barbour, Genny’s designated caregiver and under New Jersey’s medical marijuana law, the only person who may administer her medicine, take her daughter off campus for her midday dose. This wasn’t viable for the family, who wanted the school to adjust its policy to allow her to take the medicine with her lunch. The Larc School, concerned about the possibility of violating federal law if it allowed Lora to do this, refused.

Initially, the court ruled in favor of the school. The family has since appealed and is currently in court attempting to have the ban overturned.

New Jersey’s Medical Marijuana Program and Minors

Minor patients suffering from the list of approved conditions may participate in New Jersey’s medical marijuana program under the supervision of a parent or legal guardian who can act as the child’s designated caregiver.

New Jersey’s medical marijuana law says nothing about minors’ use of the substance in school, leaving it up to the schools and courts to work out whether students may consume medical marijuana on school grounds.

Marijuana is Still a Schedule I Controlled Dangerous Substance

Without an official guideline for medical marijuana use in school under the Compassionate Care Act, The Larc School finds itself in a difficult position. Despite its proven medicinal benefits, marijuana is still a Schedule I Controlled Dangerous Substance under the federal Controlled Substances Act. Its possession and use is still illegal in most states, including New Jersey. Allowing its use on school grounds could spell trouble for The Larc School, significantly compromising the education of its other students.

This case pits the Drug Free Schools and Communities Act, which raised the penalties for individuals found in possession of illegal substances while on school grounds, against the New Jersey Compassionate Use Marijuana Act, which created New Jersey’s medical marijuana program. Genny and other students who may need medical marijuana now or in the future are the victims. It raises issues about the lack of a designated medicine administrator while Genny is in school, and about her rights as a patient to seek and receive adequate treatment for her medical needs.

Genny’s Law?

Genny’s case is a landmark case – how the court ultimately rules on her case will set the tone for how schools will handle students’ medical marijuana needs in New Jersey and possibly throughout the nation in the future. Depending on its resolution, it could potentially spur an amendment to the New Jersey Compassionate Use Marijuana Act to avoid such lawsuits in the future.

End


Kentucky Hemp Production Sees Dramatic Increase In 2015

Agriculture officials in Kentucky stated that hemp production in the state will exceed 1,700 acres in 2015, up from just 33 acres last year. The increased investment is from processors aiming to create new products from the newly-legalized plant.

One such investor, Andy Graves, said his company, Atalo Holdings, has invested $1.5 million in hemp. Graves, CEO of the company, said they plan to process hemp into oil and food products. He stated that nearly 550 acres of hemp will be processed at the company’s Clark County facility, in central Kentucky.

This is the second year Kentucky has been testing hemp as a potential cash crop. James Comer, the Kentucky State Agriculture Commissioner, said that 121 participants, including 24 processors, will be participating this year.

Source:

http://www.wlky.com/news/Ky-hemp-production-rising-in-second-year-of-crop-s-comeback/32818436

Photo Credit: Ken Lund

 

End


Entrepreneur Announces Cannabis Board Game for Adults

As marijuana legalization goes mainstream, entrepreneurs have rushed to develop businesses in the recreational and medical consumer markets, as well as several other auxiliary niches. One such entrepreneur is Mike Siffin, founder of Hash Brothers Entertainment LLC, who recently unveiled his plan to create a crowd-funded board game for adult cannabis consumers. Siffin was interviewed by the cannabis business news website Ganjapreneur.com as part of an ongoing series of interviews that the site conducts with cannabis start-ups, business experts, and investors.

In the interview, Siffin discusses how he gave up a long career in software sales to start his new venture in the cannabis industry. “Prior to founding Hash-Brothers, I had a 25-year career in software sales in Silicon Valley. It was a good, solid career but I can’t say I honestly loved selling software. Plus, being in sales in the Valley is a grind. I wasn’t an executive, I was a guy carrying a bag for 25 years and that bag and its associated quota didn’t get lighter year after year, it got extremely heavy.” Siffin also explains that part of his mission is to normalize cannabis in the sphere of public consciousness. “Cannabis is a simple herb, grown naturally on our planet and, if allowed, can provide both recreational as well as medicinal benefits. I felt that I might be a good candidate to help lead the charge and advocate for legalization and legitimization.”

Siffin’s board game, “Pipes and Lighters,” is designed for cannabis consumers of legal age and includes elements of chance, strategy, and creative input from the players. The game uses a unique “lazy Susan” board and pits players against each other in a constantly-evolving cycle of trivia, performance, and rules that are made up by the players themselves. “I see Pipes & Lighters as an experience,” Siffin explains, “that can be played across multiple adult generations from the 21 year old grandson to his 88 year old grandma.” So far, the Pipes & Lighters Kickstarter campaign has raised over $10,000 and has just under two weeks remaining.

The full interview is available on Ganjapreneur’s website.

About Ganjapreneur:

Ganjapreneur launched in July 2014 and has since established a significant presence in the cannabis business world. The website regularly publishes interviews and commentary from leading minds in the industry, and has also launched a B2B business directory, a live feed of job listings from marijuana job boards, a domain name marketplace for start-ups and venture capital firms, and a mobile app for Apple and Android devices which aggregates daily cannabis industry news, business profiles, and other information.

End


Kansas House Passes Bill Reducing Possession Penalties

The Kansas House of Representatives passed a bill last week to soften penalties for marijuana possession, allow for the study of hemp cultivation, and authorize some medical marijuana use in the treatment of seizures.

HB 2049 passed the House by 81 to 36 on an “Emergency Final Action” vote, which eliminated the need for further debate before the bill continued to the Senate.

The bill would make first-time possession offenders subject to a Class B instead of a Class A misdemeanor, thereby reducing maximum jail times to six months from a year and the maximum fine to $1,000 from $2,500.

The bill was amended to allow access to medical marijuana for seizure patients. Proposed by Rep. John Wilson (D.-Lawrence), the amendment would authorize certain facilities to grow low-THC strains, produce oils from it, and to distribute the oils to card-carrying patients.

The bill is now being debated in the Senate.

Source:

http://www.thedailychronic.net/2015/43031/kansas-house-passes-bill-to-reduce-marijuana-penalties-allow-access-to-low-thc-medical-marijuana/

Photo Credit: Mike Linksvayer

 

End


Morgan Freeman: Marijuana Should Be Legalized “Across The Board”

Oscar-winning actor Morgan Freeman stated that marijuana should be legalized “across the board” in an interview with the Daily Beast last week.

Freeman, a longtime marijuana user, was badly injured in a 2008 car accident in Mississippi, when his 1997 Nissan Maxima left the highway and flipped several times. The accident shattered his left shoulder, arm and elbow, and he has yet to regain the full use of his left hand. Now 77, the actor says that marijuana is the only effective pain treatment he has found.

“I have fibromyalgia pain in this arm, and the only thing that offers any relief is marijuana. They’re talking about kids who have grand mal seizures, and they’ve discovered that marijuana eases that down to where these children can have a life. That right there, to me, says, ‘Legalize it across the board!’”

Freeman noted that the legalization movement “is really a long time coming, and it’s getting legs—longer legs.” He also compared the drug with alcohol, stating that the latter “has no real medicinal use. Maybe if you have one drink it’ll quiet you down, but two or three and you’re fucked.”

Sources:

http://www.thedailybeast.com/articles/2015/05/06/morgan-freeman-shoots-straight-on-legalizing-marijuana-and-his-escape-from-new-york.html

http://www.theguardian.com/film/2015/may/11/morgan-freeman-marijuana-legalisation-across-the-board

Photo Credit: Trisha Fawver

End


Illinois Senate Committee Approves Bill to Decriminalize MJ Possession

An Illinois Senate Committee approved legislation that would decriminalize the possession of up to 15 grams of marijuana Wednesday.

The Illinois Senate Criminal Law Committee approved House Bill 218 by a vote of 9-3. The bill was passed by the House last week and now heads to the Senate floor for a vote.

The measure, which was introduced by Rep. Kelly Cassidy (D.-Chicago), would make possession of nearly half an ounce of marijuana punishable by a “uniform cannabis ticket,” with fines ranging from $55 to $125. Cassidy stated that the bill, which would prevent police from arresting people for small amounts of marijuana, would help to prevent racial discrimination in enforcement.

The bill has 16 co-sponsors, and its primary sponsor in the Senate is Michael Nolan (D.-Elgin). As introduced, the upper limit on possession would have been 30 grams, but amendments brought the amount down to 15.

A House analysis found that passing the bill would decrease the number of Illinois prison system inmates by 115, and could save the state $29,335,700 over the next ten years.

Sources:

http://www.nwherald.com/2015/05/06/lighter-punishment-for-marijuana-possession-passes-illinois-senate-committee/af77yuf/

http://www.thedailychronic.net/2015/42967/illinois-marijuana-decriminalization-bill-clears-final-senate-committee/

Photo Credit: tanjila ahmed

End


Oregon’s Recreational Marijuana Advisory Board Features Five MMJ Professionals

The Oregon Liquor Control Commission (OLCC) has established a committee to oversee the development of Oregon’s recreational marijuana industry. The committee comprises fifteen industry experts and law enforcement officials, as well as an attorney and the Multnomah County health officer. It will be chaired by Chris Lyons, the former executive director of the Oregon Lottery.

OLCC Executive Director Steven Marks stated that the committee “will provide a balanced approach” to the industry’s regulation. The committee includes five members with backgrounds in the medical marijuana industry — two growers, two dispensary owners, and the executive of a marijuana genetic testing lab.

The agency also created two permanent subcommittees: one will work on licensing, compliance and law enforcement, and the other is charged with advising the OLCC on how to track marijuana from farm to market.

The full list of committee members can be viewed here.

Sources:

http://www.oregonlive.com/marijuana/index.ssf/2015/05/meet_the_people_who_will_advis.html

http://mjbizdaily.com/5-mmj-professionals-named-to-oregon-rec-board/

Photo Credit: Edmund Garman

 

End


Mike Siffin: Exploring the Cannabis Entertainment Niche

Pipes and LightersOur latest featured ganjapreneur has made it his mission to normalize cannabis and overcome stereotypes with entertainment products geared toward the consumer. Mike Siffin, founder of Hash Brothers Entertainment, has recently launched a Kickstarter campaign for a cannabis-themed board game called “Pipes and Lighters.”

Designed on a unique “lazy Susan” board surface, the game is based on elements of chance, strategy, and creative input from the players. In this interview, Mike discusses how he came up with the concept, how the game works, and what his motivations were for leaving his well-established career in the tech industry to pursue opportunities related to legal cannabis.

Read the full interview below:


Ganjapreneur: So, where did the idea for a cannabis-themed board game come from?

Mike Siffin: The idea came to me while I was with my wife visiting our good friends in Arizona. While sitting poolside on their patio, we had just finished smoking some Cannabis and I happened to set the pipe and lighter down directly on the Lazy Susan, and a thought occurred to me as an epiphany. Specifically, kids have virtually unlimited games to choose from, e.g., Monopoly, Life, Mouse Trap, Chutes & Ladders, but what about the adults who enjoy Cannabis and games?  Thus, my epiphany and “Pipes & Lighters” was born. Part of the epiphany was the Lazy Susan component, so I hired the design team from Quandary Group and when they designed our board game, they added a unique, patent-pending feature: the ability to convert our Lazy Susan surface into a “Munchies Board” by flipping it over! Pipes & Lighters isn’t just a board game, it’s a novel entertainment experience that incorporates Cannabis Trivia, Culture and all things relating to Cannabis for people to enjoy.  

What is the general concept or objective of the game? How does a player win?

The easiest way to explain would be to watch the Kickstarter video. That said, here is a brief overview of the rules. Pipes & Lighters is an interactive adult board game which entails three specific trivia question components that relate to the historical and cultural applications of Cannabis. Specifically:

– “Who Am I?”
– “What Am I?”
– “Where Am I?”

There is a “Categories” component where the reader of the Category will call out a Category, e.g. “What’s in a Burrito?” Players will then have to order quickly in sequence everything included in a Burrito, e.g. Chicken, Cheese, Salsa, Guac, Sour Cream, however if one stumbles, repeats an answer or answers with an irrelevant answer, they are eliminated in that round of category.

“Wild Cards” will provide “challenges” that may help or hinder a player from moving forward toward the center of our game board.

“Action Items” are assigned when a player correctly answers a Category question and then “spins” the lazy Susan game board surface and where the purple arrow lands, you are assigned an action item. Action Items include “Vices” as well as the ability to “Make a Rule.” There are 3 “Vices” (Vice, Vice Bud, Social Vice) and  1 “Make a Rule” landing spots. Wherever the player who spins the board lands (indicated by the large purple arrow on the Action Item section), that player or the group as a whole will need to perform a “Vice,” e.g. take a “hit” or a “drink” or a “bite” of munchie food.  

The “Make a Rule” landing spot will allow the player who lands there to make a rule, e.g. all players during the next round of questioning must answer the questions in a “British” accent. If a player fails to do so, even if they get the answer correct, they are out for that round!  This adds a creative element for the players and ups the stakes. The first player to successfully make it around all 42.0 squares on the game board wins! Once the game is over, our game is engineered with a compartment centerpiece that will store the players’ pipes and lighters and then they can share and celebrate with friends. Again, post-celebrating they can flip over the game board, convert it to the “Munchies Board,” and share their favorite culinary delights with their fellow players.

How does Pipes & Lighters fit into the recent resurgence of board games as a cultural niche? Will it appeal to people who enjoy complex strategy games, or is it more geared toward socializing?

Really both. It is as mentioned a very interactive, fast paced game where people will indeed have to use their brains to taste the strain! There are a multitude of trivia questions that are farcical, educational, historical and entertaining. Plus, as mentioned with the “Categories” section, people are engaged and with the focus groups we’ve tested the game, their responses have been both positive and encouraging. Another nice thing about this game is that although intended for Cannabis users,’ it doesn’t exclude anyone from playing or having fun. For example, if someone doesn’t smoke, they can substitute a hit with a drink or food, say they’ve been on a diet, they’d take a bite of their favorite “munchie” instead. To specifically address your question, I see Pipes & Lighters as an experience, an event if you will that can be played across multiple adult generations from the 21 year old grandson to his 88 year old grandma, there’s definitely something for everyone to enjoy! Also, please note that Hash-Brothers has a vision to not simply provide board game products, but also electronic game versions (mobile/video) and web services. Or vision is to be “The Leader in Cannabis Entertainment!”

Can you give us any hints or details about Hash Brothers’ upcoming projects?
We plan to develop mobile, video and other electronic versions of “Pipes & Lighters,” as well as any future games we develop. We plan to expand the “brand” of Hash-Brothers Entertainment into several avenues of entertainment, again as it relates to cannabis history and culture. 

What was your career before founding Hash Brothers?

Prior to founding Hash-Brothers, I had a 25-year career in software sales in Silicon Valley. It was a good, solid career but I can’t say I honestly loved selling software. Plus, being in sales in the Valley is a grind. I wasn’t an executive, I was a guy carrying a bag for 25 years and that bag and its associated quota didn’t get lighter year after year, it got extremely heavy. In fact, I believe 25 years selling in Silicon Valley equates to roughly 1,170 years in “Dog Years!” Prior to joining the workforce, I graduated with a B.A. in Behavioral Science from San Jose’ State University.

When did you first start to look at the cannabis industry as a career opportunity?

Once legalization occurred here in Colorado. That, coupled with my personal reasons – I’ve lost 3 close family members to Cancer (Dad – Colon, Brother – A.L.L. Leukemia and a late Wife – A.L.L. Leukemia). So, I made a promise to myself and Family that if I was in a position to lead the charge of legalization, legitimization and most importantly, the medical application of Cannabis, I would hold nothing back.

I feel that Cannabis has been unfairly maligned and vilified. Cannabis is a simple herb, grown naturally on our planet and if allowed, can provide both recreational as well as medicinal benefits. I felt that I might be a good candidate to help lead the charge and advocate for legalization and legitimization. So, if I am able to successfully launch Hash-Brothers, LCC a minimum of 10% of the proceeds will be donated to the Leukemia Research Foundation.

When does the Kickstarter for Pipes & Lighters end, and what are some of the rewards?

Thanks for asking. Our Kickstarter began April 18th and runs until May 23rd. Examples of the rewards are our entry level “Pipes & Lighters” game (all functions minus the engineered lazy susan base – the game will still spin, just doesn’t include the compartment centerpiece base), as well as our exclusive, patent-pending version of “Pipes & Lighters” that contains as mentioned earlier the uniquely engineered board game surface and centerpiece. There are also tee-shirts, bumper stickers, social shout-outs, et al.  So, if you want to obtain our game, Kickstarter is where to find it.

Have you met many other entrepreneurs with cannabis start-ups? If so, what would you say are some common traits in people who have left more conventional careers to enter the cannabis industry?
A few. When I have encountered them I feel their backgrounds’ are often similar to mine in the sense that they were at a point in their lives where they had exhausted their initial careers, but still wanted to be actively involved in the business community and thus, a new industry emerged from out of the shadows. At that point, people like myself were offered an opportunity to participate in an industry which has so much potential, yet is still very much in its infancy. I can’t speak for others, but in my case – and I believe others would most likely concur – I’d like to see the legitimization of Cannabis occur and with it the removal of the negative stigma often associated with it.
What is one piece of advice that you would offer to an aspiring ganjapreneur?
To believe in what your doing, and to have a solid grasp on why you built your company to begin with. In my case, the reasons were very personal, but – whatever your motivation – do not be deterred from your goal of bringing your company to market. You will encounter good days and bad, but do not allow this to prevent you from bringing your dream to fruition.

Thank you for sharing your experience, Mike, and best of luck with the Kickstarter campaign! We are looking forward to seeing more entertainment products from Hash Brothers in the future.

The Pipes & Lighters Kickstarter campaign is already over half-way funded: click here to visit the campaign and reserve your copy today. To learn more about Hash Brothers Entertainment, you can visit their website. Questions? Comments? Post them below!

End


D.A.R.E. Falls for Fake Anti-Marijuana News Satire

D.A.R.E. (Drug Abuse Resistance Education) has demonstrated that there is such a lack of anti-cannabis information in the media these days, it’s easier to simply use satire instead.

The anti-marijuana article in question — ‘Edible Marijuana Candies Kill 9 in Colorado, 12 at Coachela‘ — was originally posted on the satire news site topekanews.com. D.A.R.E. posted a copy of the article to its website on March 30, where it remained for close to a month before controversy sparked the organization to remove the falsified news story.

The article describes a scenario where candies made of “sweetened Jello, vodka and minced marijuana” have taken the black market by storm, somehow resulting in a string of binge-related overdoses. According to the author, four teenagers get pregnant every time someone smokes a joint — the author also claims that  cannabis is “one of the most dangerous drugs on Earth.”

The absurdity of these claims is surely enough to spark a smile for someone who is at all familiar with cannabis, but as a taxpayer-funded representative of safe drug choices, D.A.R.E. has demonstrated an undeniable disconnect with the reality that is modern marijuana use.

D.A.R.E. America Regional Director John Lindsay did say that the article was an accident, and that he was sorry. “This article slipped through our filter,” he said. “Listen; stuff happens, and you can quote me on that.”

Sources:

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/05/04/d-a-r-e-gets-duped-by-anti-pot-satire/

http://www.huffingtonpost.com/amanda-reiman/dare-program-marijuana_b_7215854.html

http://illegallyhealed.com/when-it-comes-to-fake-facts-about-cannabis-d-a-r-e-says-stuff-happens/

Photo Credit: Tim Cigelske

End


A Strategic Breakdown of Business Investment Tiers

If you’re looking to fund your cannabis startup or have an exciting new product that you’re sure is going to rock the market, there are a few things you should know first. Money comes in different flavors. And, investors, depending on their taste, are more likely to fund some ventures than others.

But that doesn’t necessarily mean your project needs to be strictly unique or innovative to get funded.

There are equity lenders and debt lenders. Most new entrepreneurs think of equity investors when they think of financing. An equity investor gives you money to make money, based on, among other things, how intriguing your project might sound. Of course, you will also need a solid business plan, assets and an exit strategy.

These kinds of investors are hard to come by.

Debt investors, on the other hand, really don’t care about your project or product. Debt investors sell money. They want interest and they want to know they’re going to make money on the venture.

Tevis Verrett of Triumvirate Funding is a debt investor. He described the world of investing as having tiers.

The first tier, and most desirable, includes banks. To get these kinds of loans you need, among other things, stellar credit and 10 or more years of experience in your area of business. Verrett says, “You have to prove your pedigree” with these kinds of lenders.

And you probably won’t get anywhere because most banks won’t touch marijuana.

This brings you to the next tier: private commercial money, which includes hedge funds and venture capitalists such as Verrett. This type of investor has money sitting idle and typically looks at six to ten percent interest on their money. Verrett says, “We have the same expectations as the bank. We look very carefully at every person. There are three things every banker looks at:

  1. Who am I lending to?
  2. How long will you keep my money out?
  3. How will I get my money back?”

However, if you find a marijuana-friendly investor like Verrett and have good credit and the right qualifications, your chances of finding funding at this tier are good.

The third tier is semi-hard money, which is a little more forgiving than the other two tiers. Here the dream is vetted by way of a business plan — and backed by assets.

And if you don’t qualify for one of the above, there are still tiers of investing you can explore.

One of the most important questions investors will want to know is what is your exit strategy?

According to Verrett, “If a person doesn’t have a clearly defined exit strategy, it doesn’t matter how good their credit is, or how much collateral they have, they are not going to get a loan.”

An exit strategy could mean growing your business until it’s large enough to be acquired. Another strategy would be to get it off the ground and profitable enough to attract more investors. Still another one would be to grow large enough so you merge. The new conglomeration will attract new, conventional funding at a lower interest rate, which can pay back the original loan.

There is money out there to fund endeavors, but ganjapreneurs need to have realistic expectations about what this means. Verrett says too many dreamers come in thinking his or her idea is going to be the game changer, but “That isn’t how the game is played with money.”

The old cliché that it takes money to make money may be true in this case. At the very least, you will need some assets to get a loan. If you’re looking for funding based solely on a brilliant idea, you are likely in for a rocky road ahead. However, if you approach an investor with a business plan, assets and a clearly defined exit strategy, you odds increase dramatically.

Photo Credit: Sebastien Wiertz

End


Texas Committee Rejects Three Bills to Reduce MJ Possession Penalties

A committee in the Texas State House of Representatives rejected three bills on Friday that would have reduced penalties for the marijuana possession in the state.

House Bills 325, 414, and 507 were voted down by the House Criminal Jurisprudence Committee. HB 507 had garnered the most legislative support, and its sponsor says that it has a chance of being revived.

The bill would make possession of under an ounce of cannabis a civil infraction, like a traffic ticket, rather than a class B misdemeanor, thus removing the threat of jail time and a criminal record. The bill failed 3-2 in committee.

Its sponsor, Joe Moody (D.-El Paso), said that its failure was likely due to the absence of certain committee members, including one of the bills 40 co-sponsors, Rep. Terry Canales (D.-Edinburg), as well as another potential supporter, Todd Hunter (R.-Corpus Christi). Rep. Canales was forced to miss the hearing because of a family emergency.

Sources:

http://www.chron.com/news/politics/texas/article/Committee-rejects-bills-to-reduce-pot-penalties-6236826.php

Photo Credit: Kimberly Vardeman

End


Hawaii MMJ Dispensary Bill Clears Major Hurdle

A bill that would authorize medical marijuana dispensaries in Hawaii cleared an important hurdle on Monday.

Many feared the bill, HB 321, dead last week, but negotiators in the House and Senate approved it in committee, sending it on to the full legislature, where it is likely to pass.

The Senate President replaced the chair of the Senate committee in charge of crafting the bill after the former chair, Sen. Josh Green, refused to accept the House’s version of the bill, which set dispensary licenses to be awarded on merit. Green maintains that a first come, first serve system is better:

“In states that have done it the other way, without a transparent process, there’s litigation, there’s really a lot of problems and that’s not the way to do things,” he said last week.

Medical marijuana has been legal in Hawaii for 15 years, but patients either had to grow plants themselves or obtain cannabis on the black market. If the bill passes, dispensaries could begin opening as early as July 2016.

Sources:

http://www.hawaiinewsnow.com/story/28975129/dispensaries-bill-approved

http://www.thedailychronic.net/2015/42898/hawaii-lawmakers-one-step-closer-to-authorizing-medical-marijuana-dispensaries/

Photo Credit: Edmund Garman

End


SCOTUS Requests Obama Administration’s Opinion on Colorado Cannabis Lawsuit

The U.S. Supreme Court has requested an opinion from the Obama administration on Nebraska and Oklahoma’s lawsuit against Colorado’s cannabis legalization.

“The Solicitor General is invited to file a brief in this case expressing the views of the United States,” read the statement released by SCOTUS on Monday.

This is not an unusual request — and it does not indicate whether or not the court is ready to move forward with the case.

“Because this involves issues that impact how the DOJ does its job, and because the DOJ has been grappling with the tension between state and federal marijuana laws for years, SCOTUS would like the Justice Department’s views on the case,” explained Dan Riffle, director of federal policies for the Marijuana Policy Project.

The plaintiff states are arguing that since the advent of Colorado’s cannabis industry, there has been a marked increase in drug crimes in their states, which border the land of legal marijuana. They claim that the Colorado government is in violation of federal law by allowing legalization to move forward, and want the feds to reverse Colorado’s voter-approved initiative to legalize and regulate marijuana like alcohol.

Sources:

http://www.huffingtonpost.com/2015/05/04/scotus-wants-feds-views-o_n_7205416.html

Photo Credit: docmonstereyes

End


Puerto Rico Governor Authorizes Use Of Medical Marijuana

The governor of Puerto Rico signed an executive order Sunday authorizing the use of medical marijuana there. The order, which went into immediate effect, legalizes the use of the cannabis plant and some or all of its derivatives for medical purposes.

In a statement, Gov. Alejandro Garcia Padilla said, “We’re taking a significant step in the area of health that is fundamental to our development and quality of life. I am sure that many patients will receive appropriate treatment that will offer them new hope.”

Puerto Rico’s health secretary will have three months to write a report regarding how the order will be implemented, what impact it will have as well as what steps should be taken in the future.

The president of Puerto Rico’s House of Representatives, Jaime Perello, expressed support for the executive order: “It’s a step in the right direction. One of the benefits that patients say they receive the most is pain relief.”

Jenniffer Gonzalez, a legislator who is opposed to the order, claimed that it leaves controlled substance law in a “judicial limbo.”

Source:

http://www.huffingtonpost.com/2015/05/04/puerto-rico-medical-marijuana_n_7203916.html

Photo Credit: Jami Dwyer

End


Ganjapreneur Announces Upgrades to Mobile App for Apple & Android Devices

For entrepreneurs and investors who are keeping tabs on the nascent cannabis industry, staying informed about the state of the legalization movement is extremely important. To serve this need, Ganjapreneur, a website dedicated to cannabis business news and culture, has recently upgraded their mobile app for Android and Apple devices with several new features and news categories.

The app originally launched in fall 2014, only a few months after the site itself announced its presence on Ganjapreneur.com. Built as a news reader which also contains business listings, job openings, and interviews with prominent business owners and cannabis experts, the Ganjapreneur app’s user base grew quickly and it gains an increasing number of users on a daily business.

“In such a volatile market, if you’re an investor — or thinking of investing — staying informed is critical. Our app aggregates relevant news articles and editorials from around the web, and new content is posted throughout the day,” said Noel Abbott, Ganjapreneur’s CTO.

One of the new features is a section for videos from Ganjapreneur’s YouTube Channel, where they recently published an interview with NORML founder Keith Stroup, which was recorded during the High Times Cannabis Cup in Denver, Colorado. Another feature is an expanded job list, which links daily to job openings that are posted on all of the internet’s leading cannabis industry job boards.

Ganjapreneur has also recently begun to monetize their website and mobile app, listing several sponsorship opportunities designed for B2B cannabis products and services.

“There aren’t a lot of great resources out there for the professional audience in this industry, and a lot of the outlets that have popped up have shot themselves in the foot by focusing too hard on the get-rich-quick mentality of some who are pursuing opportunities in legalized cannabis,” Abbott said. “Our goal is to be business-focused while staying relevant to the unique identities of the pioneers and activists who got us to where we are today. These are the people who built this industry, and we want to help them grow and succeed.”

About Ganjapreneur:

Ganjapreneur launched in July 2014 and has since established a significant presence in the cannabis business world. The website regularly publishes interviews and commentary from leading minds in the industry, and has also launched a B2B business directory, a live feed of job listings from marijuana job boards, a domain name marketplace for start-ups and venture capital firms, and a mobile app for Apple and Android devices which aggregates daily cannabis industry news, business profiles, and other information.

End


Louisiana MMJ Bill Advances to House

A bill in the Louisiana Senate that would help doctors prescribe medical marijuana was approved by the Senate Health and Welfare Committee Wednesday.

Senate Bill 143, sponsored by Sen. Fred Mills (R.-Parks), would put the Louisiana Board of Pharmacy in charge of administering the medical marijuana program. The state’s Department of Agriculture and Forestry, in turn, would oversee cultivation.

Following recommendations by law enforcement, medical marijuana would be available only in “medical form.” This excludes “raw or crude” and smokeable forms of cannabis.

After being amended in committee, the bill’s list of qualifying conditions were limited to glaucoma, chemotherapy cancer treatment symptoms, or spastic quadriplegia. The Louisiana State Board of Medical Examiners would be charged with submitting new qualifications to be considered by the state legislature.

In his arguments for the bill, Mills, who is himself a pharmacist, stated that medical marijuana was legalized in Louisiana in 1991. However, medical marijuana use under the bill was required to be in “accordance with FDA and DEA administrative guidelines.” The new bill would strike this provision from the 1991 law.

Sources:

http://www.theadvertiser.com/story/news/local/louisiana/2015/04/29/medical-marijuana-bill-en-route-house/26591171/

http://www.thedailychronic.net/2015/42740/medical-marijuana-bill-advances-louisiana/

Photo Credit: Antrell Williams

End


Maine Update: Legalization Bill Filed, Two Groups Seeking Ballot Initiatives

A bipartisan bill to legalize marijuana in Maine was filed on Tuesday by Rep Diane Russell (D.-Portland), a long-time champion of marijuana reform in the state.

The bill is co-sponsored in the House by four other Democrats and two Republicans, as well as by two Democrats and one Republican in the Senate.

LD1380, An Act to Tax, Legalize, and Regulate Marijuana, would make it legal for adults of at least 21 years to buy and possess up to an ounce of cannabis. Adults would also be allowed to grow up to six plants at home, and could gift up to an ounce or six plants to another adult.

A 10% tax would be levied on all retail sales of marijuana, and the first $30 million in tax revenue from marijuana sales each year would be earmarked for public school construction, improvement, and repair.

Two pro-legalization groups in Maine are also expected to begin collecting signatures to put recreational MJ proposals on the ballot in 2016. Legalize Maine, which filed its petition more than two months ago, has sought to get its petition through without the help of national political groups.

Another group, the Campaign to Regulate Marijuana Like Alcohol, submitted a different ballot initiative earlier this year with support from the Marijuana Policy Project, the D.C.-based group responsible for both Colorado’s and Alaska’s successful reform efforts.

Source:

http://www.thedailychronic.net/2015/42730/bipartisan-bill-to-legalize-marijuana-filed-in-maine/

http://www.ibtimes.com/marijuana-legalization-maine-state-approves-homegrown-ballot-initiative-2016-1900453

End


Cannabis Researcher Debuts Public Discussion of MMJ Research

Dr. Ethan Russo — a top medical marijuana researcher who lives and works on Vashon Island, Washington — gave a lecture earlier this month during a Vashon Island Marijuana Entrepreneurs Association (VIMEA) meeting. For nearly 20 years, Dr. Russo has been largely silent on his involvement with cannabis research. Considering recent major changes in the political climate, however, he has now opened up to his local community.

“I’ve been laboring in obscurity, and all of a sudden things have exploded in terms of interest,” he said.

The lecture’s audience was a collection of both locals and visitors to the island, many of whom were medical cannabis patients and were already familiar with his work.

Dr. Russo spoke at length about the hard science behind his research, which has lately pursued a deeper investigation of the endocannabinoid system — a biological system inside the human body that interacts directly with the many different cannabinoids present in marijuana. This system can affect several key physiological functions, such as metabolism and inflammation.

While practicing as a neurologist in Montana, Dr. Russo began to worry that certain herbal treatments might replace the manufactured and potentially dangerous medicine he would often prescribe: “It began to dawn on me that I was giving increasingly toxic drugs to patients who sometimes had less and less benefit,” he explained. He published the “Handbook of Psychotropic Herbs” in 2000, documenting how certain common herbs could be used in treatment for certain psychological disorders.

Currently, Dr. Russo is the medical director of Phytecs, a Los Angeles company that produces cannabis-based medicines.

Sources:

http://www.vashonbeachcomber.com/news/300843811.html

Photo Credit: Coleen Whitfield

End


Michigan Poll Shows Cannabis Legalization Support at 51%

A slim majority of Michigan voters support cannabis legalization, according to the results of a statewide poll conducted in April.

51% of respondents were in favor of legalizing marijuana if it were to be regulated and taxed like alcohol, while 45% were opposed.

Among the 600 respondents, support for legalizing cannabis came largely from Democrats and younger voters. Just 36% of respondents who identified themselves as Republicans were in favor. 37% of respondents over the age of 65 supported legalization; 50% were “strongly” opposed.

Several groups are looking to 2016 for possible ballot proposals to legalize and regulate marijuana. One such group, the Michigan Responsibility Council, is led by two Oakland County Republicans, and has discussed regulating marijuana like alcohol is there, with a three-tiered system of suppliers, distributors and retailers.

Another group, the Michigan Cannabis Coalition, has a proposed a more centralized system in which revenues would be directed toward public safety, health and education.

Source:

http://www.mlive.com/lansing-news/index.ssf/2015/04/michigan_poll_shows_51_support.html

Photo Credit: Janalyn

End


Ireland to Consider Cannabis Decriminalization

Ireland’s new Minister of State with Responsibility for the Drug Strategy has stated that he is willing to examine the potential of relaxing marijuana laws.

Aodhán Ó Ríordáin, a Labour Party member from Ireland’s lower house of Parliament, was confirmed in this new position Thursday. He is tasked with examining Ireland’s National Drug Strategy, which is set to expire in 2016.

Ó Ríordáin stated that “someone who has an addiction issue should be dealt with through the health system and not the criminal justice system… We have an opportunity through the legislation that is forthcoming the Misuse of Drugs Act to investigate that.”

Though he admitted to having taken drugs in Amsterdam once during his time as a student, Ó Ríordáin said he had not taken any illegal drugs, noting that he had seen the negative effects of drugs in his teaching and community activist work.

Sources:

http://www.irishtimes.com/news/politics/state-to-examine-possibility-of-decriminalising-cannabis-1.2186652

Photo Credit: LenDog64

End


Florida MMJ Bill Sputters Out

An effort in the Florida state legislature to legalize medical marijuana there has failed, says a key lawmaker.

Sen. Jeff Brandes (R.-St. Petersburg) sponsored a bill that had momentum and support from the 2014 push to legalize medical marijuana in the state. Many Floridians hoped, after the initiative failed to pass (Florida state law requires a 60% majority when an initiative involves a constitutional amendment), that state lawmakers would heed the will of the majority and pass a medical bill this session. Sen. Brandes stated last week, though, that the measure has stalled.

He promised to continue working on the issue in the 2016 legislative session, and stated that he also hopes to accelerate the implementation of a CBD-only bill that has been signed into law but has been slowed by administrative hurdles.

Speaking with the Brandenton Herald, Brandes said: “The best plan for us is to work on it over the summer, talk to experts in the field, come back with a bill that is well-thought-out, well-researched and is something that is the right thing for Florida.”

Sources:

http://mjbizdaily.com/florida-mmj-bills-dead-says-lawmaker/

http://www.tampabay.com/blogs/the-buzz-florida-politics/sen-brandes-medical-marijuana-bills—-even-charlottes-web—-are-dead/2226552

Photo Credit: Steven Schwartz

End


Loretta Lynch Confirmed As U.S. Attorney General

Loretta Lynch was confirmed as the new Attorney General Thursday. A federal prosecutor from New York, Lynch is the first black woman to hold the post.

More than 160 days after her nomination by President Obama, the Senate approved Lynch 56-43. Her confirmation was delayed an exceptionally long time by partisan bickering. Though outgoing Attorney General Eric Holder highlighted Lynch’s qualifications and praised her past work, she came under fire from Republicans like Ted Cruz for her support of the president’s use of executive actions on immigration policy.

Some in the marijuana industry expressed concern following Lynch’s nomination, as she has expressed a stricter view regarding legalization than did Holder. “I can tell you that not only do I not support the legalization of marijuana, it is not the position of the Department of Justice currently to support the legalization,” Lynch stated in a confirmation hearing.

Others have downplayed Lynch’s opposition to legalization. Tom Angel, the director of Marijuana Majority, noted that “we really don’t need federal officials to personally support legalization. We only need them to respect the will of voters who have implemented legalization in their own states.”

Source:

http://www.washingtontimes.com/news/2015/feb/1/loretta-lynchs-stance-on-pot-may-be-problematic-fo/?page=all

http://www.washingtontimes.com/news/2015/feb/1/loretta-lynchs-stance-on-pot-may-be-problematic-fo/?page=all

Photo Credit: United States Mission Geneva

End