medicinal

Colombia: medical marijuana legalization challenge to Washington

Posted on December 24th, 2015 by Global Ganja Report and tagged , , , , .

ColombiaFollowing through on a pledge made last month, Colombian President Juan Manuel Santos on Dec. 22 signed a decree broadly legalizing medical marijuana. The new regulation—making it legal to grow, process, import and export cannabis for medical and scientific use—was hailed by Santos as positioning Colombia "at the forefront in the fight against disease." In a line clearly aimed at placating Washington, he also insisted that "the medicinal use of cannabis does not go counter to our international commitments in the field of drug control."

Congress votes up truce in war on medical marijuana

Posted on December 21st, 2015 by Global Ganja Report and tagged , , , , , .

medical marijuanaOn Dec. 18, Congress approved a $1.1 trillion dollar spending bill—and in the process approved a provision promising to keep federal law enforcement out of medical marijuana operations in states that have passed acts legalizing them. The provision, known as the Rohrabacher-Farr amendment, was first approved in December of last year. The rider for a second year bars the use of Department of Justice funds "to prevent such States from implementing their own State laws that authorize the use, distribution, possession, or cultivation of medical marijuana."

Merrill Lynch mulls corporate cannabis

Posted on December 18th, 2015 by Bill Weinberg and tagged , , , , , , .

Shadow WatchPhiladelphia Inquirer columnist Chris Goldstein got hold of a leaked 45-page internal equity report from high-finance titan Merrill Lynch, wealth management division of Bank of America, looking at the future prospects for America's cannabis industry. Goldstein wrote it up for his occassional series Philly420 Dec. 8 under the title "Merrill Lynch is bullish on marijuana." Goldstein finds: "Carefully researched, it was an interesting peek at how heavy hitters on Wall Street are starting to view the expanding industry."

Will Kentucky be next to legalize?

Posted on December 15th, 2015 by Global Ganja Report and tagged , , , , .

cannabisWill the Bluegrass State beat the Golden State as the next to follow in the happy footsteps of Colorado, Washington, Oregon and Alaska by legalizing cannabis for recreational as well as medical use? WHAS11 in Louisville reported Dec. 11 that state Sen. Perry B. Clark (D-Louisville) pre-filed an act to legalize and regulate cannabis in a manner similar to how the state handles alcohol. The bill would repeal Kentucky's prohibition on cannabis cultivation, possession and sale. Instated in its place would be a "regulatory framework designed to promote public safety and responsible cannabis consumption by persons over 21 years of age."

Israeli vets see empty promise in medical marijuana program

Posted on December 10th, 2015 by Bill Weinberg and tagged , , , .

Middle EastAfter years of research into the question, in July of last year Israeli authorities made post-traumatic stress disorder the only psychiatric condition for which the Health Ministry will approve the use of medical marijuana. The decision, backed by the Israel Psychiatric Association, was a cause for optimism among many Israeli veterans suffering from PTSD. But a sobering account in Israeli daily Haaretz Dec. 8 finds that actually getting the stuff has proved difficult for sufferers—starting with the problem of getting the necessary doctor's recommendation, and then bureaucratic obstacles once they do. "We are a very small group of three or four psychiatrists who believe that in some PTSD cases cannabis is helpful," said psychiatrist Dr. Ilya Reznik, an Israeli executive board member of the International Association for Cannabinoid Medicines. "The pressure on our clinics is impossible. This is partly because people who get a permit and don’t come in every three months for follow-up risk losing their permit."

Colombia: countdown to legal medical marijuana

Posted on November 20th, 2015 by Global Ganja Report and tagged , , , .

ColombiaColombia's President Juan Manuel Santos, in an interview with BBC Mundo Nov. 13, said he was ready to issue a decree legalizing medical marijuana, and would act within a matter of days. "It is now scientifically proven that marijuana has a variety of medicinal attributes," he said. "There is great demand, and there are companies in Canada and the United States that are utilizing marijuana for a variety of therapeutic and medicinal treatments." He said the decree would provide a regulatory framework for production, distribution and commercialization of cannabis for medicinal purposes.

North Carolina legalizes industrial hemp

Posted on November 9th, 2015 by Global Ganja Report and tagged , , , , .

leafIndustrial hemp became legal in North Carolina on Oct. 31 as Gov. Pat McCrory failed to either sign or veto Senate Bill 313 after allowing it to sit on his desk for nearly a month. The bill mandates creation of a state Industrial Hemp Commission to oversee research in industrial hemp under terms of the new federal Farm Bill. The ultimate aim is to "provide opportunities to small farmers for an environmentally sustainable and profitable use of crop lands that might otherwise be lost to agricultural production," according to the text of the new law. A hemp cultivation pilot program is to be established by North Carolina State University

Seneca Indian Nation approves medical marijuana initiative

Posted on November 6th, 2015 by Global Ganja Report and tagged , , , , .

New YorkMembers of the Seneca Nation of Indians in western New York state voted up a referendum Nov. 3 giving tribal leaders approval to move towards setting up a medical marijuana business on their territories. The measure passed by a vote of 448-364, giving the Seneca Nation Council the power to draft laws and regulations allowing the manufacture, use and distribution of cannabis for medical purposes. "A decision on our Nation's path of action on medical cannabis is far from made," cautioned Seneca President Maurice A. John Sr. in comments to the Buffalo News. "But now, having heard from the Seneca people, our discussions and due diligence can begin in earnest."

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