Global Ganja Report

A group of attorneys general from 38 states and territories penned an open letter urging Capitol Hill to pass a pending bill to allow cannabis businesses access to the federal banking system.

With Oklahoma’s passage of a medical marijuana law, advocacy organizations say there is now only one state in the entire union without some sort of legal provision for medicinal use of either herbal cannabis or cannabinoid extracts: Idaho. And with a governor's race this year, there may be hope even there. One by one, even the most culturally conservative states are succumbing to the demands of patients and the findings of science to pass laws to allow use of (at least) extracts containing cannabinoids, or (at most) actual herbaceous marijuana, for either medical or "recreational" purposes.

Oakland-based cannabis industry research firm ArcView Group has released a new study, ambitiously entitled "The Road Map to a $57 Billion Worldwide Market." It provides a sweeping overview of recent progress and future prospects for legal or medical herb across the globe. But it also warns that, due to continued legal restrictions and bureaucratic overstretch, the market is in most areas bottlenecked from achieving its potential.

Puerto Rico's Gov. Alejandro García Padilla on May 3 signed an executive order calling a halt to prosecutions for medical use of marijuana on the island territory. Effective immediately, the order authorizes the Commonwealth's Health Secretary Ana Rius to permit medical use of "some or all controlled substances or components of the cannabis plant." The decree also calls on Rius to produce a report within three month "detailing the efforts made in compliance with this order, and the results obtained and the work plan to follow." Cannabis will be subject to taxation under the new plan, which is seen by most media accounts (e.g. PanAm Post) as a strategy to address the Commonwealth's urgent fiscal crisis.