Tag Archives | Marijuana Legalization

Why Legalizing Medical Marijuana Will Make Investors Extremely Wealthy

So-called pot stocks have been a hot investment theme for a while in the OTC (Over The Counter) market, but with articles like this one in Forbes claiming that it’s the next get rich quick idea, perhaps the incentive to legalize will become unstoppable for lawmakers:

I never thought I’d see more people invest in marijuana than smoke it.

But those investments are exactly what’s about to happen given a recent survey from some of the most influential and social analysts in the BioPharma space.  In fact, according to Investing.com and our research, two-thirds (2/3) of the analysts love the potential of the marijuana industry since the $50 Billion market is already developed, albeit illegal.  The process of stepped legalization has started and continuing prospects look promising.

Armstrong Legalize Marijuana 2001

Yet there are dual dilemmas facing public medical marijuana companies in the United States. First, even if it’s legal for in-state cannabis companies, no businesses are federally legalized to sell the plant or the plant’s derivatives in any shape or form. Will the federal government’s tacit overlooking of the national cannabis laws continue?

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Big Pharma Wants You High on Pills Not Weed | Interview with Sam Sacks

Abby Martin speaks with RT political commentator, Sam Sacks, discussing the shift in state policy on marijuana use, citing a report by journalist Lee Fang that outlines why marijuana is such a threat to the bottom line of American pharmaceutical companies.

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Wake And Bake With The Cannabis Coffee Called ‘Legal’

Legal cannabis coffee

Weed in your coffee? Don’t worry, it’s “Legal.”

For those who love both weed and coffee, this is veritably the Elixir of Life itself:

VIA The Cannabist

Cannabis and coffee, together.

It was only a matter of time before somebody brought new meaning to the popular stoner rite of passage “wake and bake.”

And it makes perfect sense that such a creation is coming out of coffee-crazy Washington state, which will soon start the legal sale of recreational marijuana in the coming month or two.

Adam Stites of Longview, Wash., is that creative entrepreneurial genius. His cold-brewed coffee creation, Legal, comes packaged in a Stumptown-styled 11.5-ounce bottle and is infused with 20 milligrams of activated THC. Of Legal’s two coffees, one is black and the other has cream and sugar; There are also three infused sodas to pad the line, including pomegranate and lemon ginger.

Bottles will likely retail between $9-$11, according to the Huffington Post.

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Study Says Suicide Rate Will Fall Significantly In States With Legalized Marijuana

Marijuana jointApparently legalizing weed saves lives, the New Republic reports:

The American Journal of Public Health has just published a study suggesting that states that legalize medical marijuana can expect a reduction in suicide rates.

A team of economists looked at state-by-state statistics on suicide rates over a 17-year period, from 1990 to 2007, comparing data from states that voted to legalize medical marijuana with those that kept it criminalized. According to their calculations, in the three years following legalization, the suicide rate dropped, on average, 10.8 percent among men in their 20s and 9.8 percent for men in their 30s.

“The negative relationship between legalization and suicides is consistent with the hypothesis that marijuana can be used to cope with stressful life events,” wrote the authors.

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Tomorrow’s NFL Championship: The Marijuana Bowl

weed bowlWith their respective teams going head to head, is this year’s Super Bowl the closest thing to a national holiday commemorating the pioneering legalization of weed in Colorado and Washington? Refinery 29 notes:

The Denver Broncos and the Seattle Seahawks will face off in Super Bowl XLVIII on February 2. The most offbeat narrative to emerge so far is the strange coincidence that the home states of both teams, Washington and Colorado, are the only ones with legalized recreational marijuana in the country. Ladies and gentlemen, we present to you the Marijuana Bowl. Or the Pot Bowl. Or the Weed Bowl.

The NFL forbids its players to use the drug, even for medical reasons. Marijuana advocacy groups point out that the drug can be helpful to players suffering from serious injuries, especially concussions. Others have pointed out that the NFL’s many tie-ins with the alcohol industry comes off as hypocritical.

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Colorado’s Two Dozen Marijuana Shops Made Over $1 Million On The First Day Of Legalization

marijuana shop

Breaking: Coloradans have legal weed, soon to be very rich. Colorado’s 9NEWS reports:

Long lines and blustery winter weather greeted Colorado marijuana shoppers testing the nation’s first legal recreational pot shops Wednesday. Pot shop owners across Colorado believe they collectively made more than $1 million statewide.

The world was watching as Colorado unveiled the modern world’s first fully legal marijuana industry – no doctor’s note required (as in 18 states and Washington, D.C.) and no unregulated production of the drug (as in the Netherlands). Uruguay has fully legalized pot but hasn’t yet set up its system.

Colorado had 24 shops open Wednesday, most of them in Denver, and aside from long lines and sporadic reports of shoppers cited for smoking pot in public, there were few problems.

Marijuana skeptics, of course, watched in alarm. They warned that the celebratory vibe in Colorado masked dangerous consequences.

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Rasta Zombie: Director Mitch Williamsmith On Legalization and the Undead

Rasta ZombieFull disclosure: I’m not a fan of zombies.  My favorite zombie film is still Night of the Living Dead and I only made it through about twenty minutes of the first episode of The Walking Dead before getting bored and switching to some cartoons.

I really didn’t think there was too much ground left to cover for stories about the undead.  We’ve seen proverbs of survival, criticism of consumer culture, and allegorical tales of human beings facing the personification of the primal lizard brain.

But zombies versus pot?  Scary.

Writer and director Mitch Williamsmith, along with producer Shaun Kennedy and cinematographer Brian Kennedy, are working on their new film, Rasta Zombie, which will combine marijuana activism, zombie apocalypse, and every conspiracy theory you’ve ever heard.

But how can a zombie film successfully tackle a theme like marijuana legalization?  I cornered Williamsmith and demanded answers.

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For First Time, Majority Of Americans Favor Marijuana Legalization

marijuana

Gallup on new poll results revealing a dangerous drop in the number of squares:

For marijuana advocates, the last 12 months have been a period of unprecedented success as Washington and Colorado became the first states to legalize recreational use of marijuana. And now for the first time, a clear majority of Americans (58%) say the drug should be legalized. This is in sharp contrast to the time Gallup first asked the question in 1969, when only 12% favored legalization.

Success at the ballot box in the past year in Colorado and Washington may have increased Americans’ tolerance for marijuana legalization. Support for legalization has jumped 10 percentage points since last November and the legal momentum shows no sign of abating.

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Obama Says That Legalizing Marijuana Is Not A Possibility

legalizing marijuana

If only he would accept a phone call and advice from his old buddies in the Choom Gang. Talk Radio News Service reports:

In a speech in Mexico City on Friday, President Obama shut the door on any possibility that he’ll support efforts in his second term to legalize marijuana. “I honestly do not believe that legalizing drugs is the answer,” the president told a large gathering of young Mexicans at the city’s Anthropology Museum.

Polls show that more and more Americans favor ending the federal ban on pot. A handful of states have lifted restrictions on the drug in recent years.

The president likely felt it necessary to touch on drugs in his speech since marijuana is a chief import from Mexico to the United States. It is also largely to blame for the rising swell of cartel violence in Mexico over the years. Obama said that his administration must figure out a way to reduce demand for drugs.

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The National Disgrace Of Marijuana Possession Arrests

marijuana arrestsThe New Inquiry, sociologist Harry Levine explains the terrible mechanics propelling apartheid-style law enforcement in America:

Police arrest mostly young and low-income men for marijuana possession, disproportionately blacks and Latinos. In the last 15 years, police and sheriff ’s departments in every major U.S. city and county have made over 10 million of these possession arrests. Most people arrested were not smoking. They were carrying tiny amounts.

Police make so many because they are relatively safe and easy arrests. All police have arrest quotas and often they can earn overtime pay by making a marijuana arrest toward the end of a shift. The arrests show productivity. Making many low-level arrests of all kinds is very good for training rookie police who gain experience doing many stops and searches of teenagers.

There is also a push nationally, to states, counties, and city police departments, to get as many new people as possible into the criminal databases.

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