Tag Archives | Medical Marijuana

Medical Marijuana Is Now A $1.7 Billion Market

MMS

Medical Marijuana shop in Denver, Colorado. Photo: O'Dea (CC)

The medical marijuana market has had a significant growth this year. With seven states who have opened shop and five more states planned to approve medical marijuana outlets this year, cannabis could save many states’ economies. Medical News Today reports:

Medical marijuana is now a serious $1.7 billion dollar market, according to a new report released this week by an independent financial analysis firm that specializes in new and unique markets. Currently, 24.8 million people are eligible to receive a recommendation and purchase marijuana legally under state laws, and approximately 730,000 people actually do.

Ted Rose, editor of the new State of the Medical Marijuana Market 2011 report, comments:

“Medical marijuana markets are rapidly growing across the country and will reach $1.7 billion this year. We undertook this effort because we noticed a dearth of reliable market information about this politically charged business.

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“Canna Cola” Brings Marijuana To The Soda Industry

ABC News reports on another weed-infused fizzy drink (see this story for a previous initiative):
Canna Cola is the new spoonful of sugar to help the medicine go down. The beverage combines soda and THC, a psychoactive ingredient found in marijuana, to create a drink that co-brand-developer Clay Butler calls "medibles," edible medicine. "A lot of people simply don't want to smoke," says co-brand developer Clay Butler. "It's very easy to take your medication in the form of a cookie, soda or brownie and you can do that without drawing attention to yourself."...
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Arizona Passes Prop 203, Legalizing Medical Marijuana, In Surprise Outcome

Medical MarijuanaA major elderly population means major glaucoma issues, which spells Arizona unexpectedly becoming the 15th state to legalize pot for medical use. Via CNN:

Almost two weeks after polls closed, Arizona voters have approved a medical marijuana law, state officials said Monday.

The close vote — by a margin of 4,341 votes — will be certified by the Arizona Secretary of State’s Office on November 29, said spokesman Matthew Benson. A ballot count from Maricopa County over the weekend allowed state officials to provide the results, he said.

Arizona becomes the 15th state, along with the District of Columbia, to have passed a medical marijuana law since 1996, said a spokesman with the advocacy group Medical Marijuana Project. The Arizona law will allow patients with “debilitating medical conditions” to use cannabis if they have a recommendation from their physician.

Arizona’s Proposition 203, approved 841,346 to 837,005, will allow about 120 clinics to dispense marijuana to patients with prescriptions, project officials said.

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Marijuana Soda? Medicinal Users Now Have Smoke-Free Option

Allie Townsend writes on TIME:
Thirsty? Why not open an ice-cold bottle of pot-infused root beer? dixie-bottles A new line of pot-infused beverages masquerading behind soda flavors are now available to patients with a prescription for medical marijuana. Made by Colorado-based Dixie Elixirs, the carbonated drinks are marketed to medicinal-marijuana patients who wish to avoid “weed culture” stigmas.
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Cannabis Rx: Cutting Through the Misinformation

under the influenceAndrew Weil, MD gives a nice plug for the classic disinformation anthology Under The Influence: The Disinformation Guide to Drugs in this post about the medical benefits of marijuana for the Huffington Post:

If an American doctor of the late 19th century stepped into a time warp and emerged in 2010, he would be shocked by the multitude of pharmaceuticals that today’s physicians use. But as he pondered this array (and wondered, as I do, whether most are really necessary), he would soon notice an equally surprising omission, and exclaim, “Where’s my Cannabis indica?”

No wonder — the poor fellow would feel nearly helpless without it. In his day, labor pains, asthma, nervous disorders and even colicky babies were treated with a fluid extract of Cannabis indica, also known as “Indian hemp.” (Cannabis is generally seen as having three species — sativa, indica and ruderalis — but crossbreeding is common, especially between sativa and indica.) At least 100 scientific papers published in the 19th century backed up such uses.

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Feds Nix Marijuana Trademark Category

Keef ColaThe legalization movement may be making giant strides in the U.S., but at least one government agency, the Patent & Trademark Office, is having second thoughts and has removed its medical marijuana category, as reported by the Wall Street Journal:

For three months until last week, marijuana dealers had something they could only dream of before: the apparent stamp of approval of a federal agency.

On April 1, the U.S. Patent and Trademark Office created a new trademark category: “Processed plant matter for medicinal purposes, namely medical marijuana.” The patent office, part of the Department of Commerce, posted the new category on its website.

The patent-office change set off a land rush by pot dealers in the 14 states where laws permit medical-marijuana sales. Some staked claims on rights to long-used names like Maui Wowie and Chronic. Others applied to trademark business names such as Budtrader and Pot-N. Two companies applied to trademark psychoactive sodas named Keef Cola and Canna Cola.

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Anti-Marijuana Terrorism: Dispensaries Firebombed

34bc015a-5c3f-11df-b014-001cc4c002e0.imageMontana legalized medical marijuana in 2004, and since then a steady stream of small dispensaries has been opening in cities such as Billings. This past month, two medical marijuana businesses were firebombed, and one had the phrase “NOT IN OUR TOWN” spray-painted on its storefront. Days later, the Billings City Council voted to suspend the licensing of new dispensaries for six months. The Missoulian reports:

A rock was used to break the glass of Montana Therapeutics at 4:30 a.m. Monday, and a beer bottle filled with gasoline was lit and thrown inside, Billings police Sgt. Kevin Iffland said. A passer-by reported the fire.

A day earlier, at about 5 a.m., surveillance video showed two young men spray-painting “NOT IN OUR TOWN” on the front of Big Sky Patient Care, and then throw a rock through the front door followed by a flaming bottle, Big Sky owner David Couch said.

Trevor McFarren, co-owner of Montana Therapeutics, said his business provides medical marijuana for about 50 people and has operated since January.

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Teens Treat ADHD With Medical Marijuana

weedlineThe New York Times reports on a, er, teen health trend:

At the Peace in Medicine Healing Center in Sebastopol, the wares on display include dried marijuana — featuring brands like Kryptonite, Voodoo Daddy and Train Wreck — and medicinal cookies arrayed below a sign saying, “Keep Out of Reach of Your Mother.”

The warning tells a story of its own: some of the center’s clients are too young to buy themselves a beer.

Several Bay Area doctors who recommend medical marijuana for their patients said in recent interviews that their client base had expanded to include teenagers with psychiatric conditions including attention deficit hyperactivity disorder.

“It’s not everybody’s medicine, but for some, it can make a profound difference,” said Valerie Corral, a founder of the Wo/Men’s Alliance for Medical Marijuana, a patients’ collective in Santa Cruz that has two dozen minors as registered clients.

“How many ways can one say ‘one of the worst ideas of all time?’ ” asked Stephen Hinshaw, the chairman of the psychology department at the University of California, Berkeley.

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