By Perry Colemen, Seeking Alpha, January 31, 2013
The acceptance of marijuana as a medicine is slowly gaining popularity. This market alone has a tremendous potential to change the landscape of the pharmaceutical product lines as more and more states allow their citizens access to marijuana. But medicinal marijuana is only half of the market. The other half of the market is selling marijuana for recreational use. Let’s face it: some people just want to get high. Until now, most thought that Medbox, Inc. (MDBX.PK) was the only legitimate route to investing in the marijuana industry that included THC, which is the component in marijuana that provides the psychotropic effects (the buzz) that recreational users desire. But Medical Marijuana, Inc. (MJNA.PK) also has a method for legal entry into the market for the effects of THC that is not widely understood. I’m talking about licensing.
Medbox’s primary value is derived from its subsidiary Prescription Vending Machines, Inc. Medbox provides a way for entrepreneurs in the medical marijuana industry to sell their products without a sales force. Transactions are completed using vending machines that read biometric input from users to verify identity for authorization to receive the dispensed products.
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Israeli scientists have reportedly created a new strain of marijuana with a catch: You won’t get high from smoking it.
Reuters reports that Galilee-based company Tikun Olam has developed a marijuana strain called Avidekel that can be used medicinally to alleviate nausea, pain and other symptoms doctors may prescribe medical marijuana to treat.
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Tagged Avidekel, Cannabinoids, Cannabis, Expert Witness, FCCC, Full Circle, Full Circle Cannabis Consultations, Highless, Israeli, Legalization, Maayan Lubell, Marijuana, Medical Marijuana, News, No High, Patients, Rights, Scientists, Tetrahydrocannabinol, THC, Tikun Olam, Zack Klein
By Robert Frichtel, Bloomberg View, Jul 1, 2012
Let’s start by stating that driving while impaired by drugs or alcohol is a crime and must be punished. All 50 U.S. states have clear laws prohibiting this activity.
But there is one intoxicant that is trickier than the others: marijuana, especially when used for medical purposes.
During the past two years, Colorado and Montana, along with more than a dozen other states, have proposed laws that set a strict threshold for determining when a marijuana user is deemed too impaired to drive. These would consider a concentration of more than 5 nanograms of tetrahydrocannabinol, or THC (the psychoactive component of marijuana) per milliliter of blood, as hands-down proof of intoxication or impairment.
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Tagged Bloomberg View, CO, Colorado, Dispensary, Driving, DUI, Expert Witness, FCCC, Full Circle, Full Circle Cannabis Consultations, Legalization, Marijuana, Medical Marijuana, Montana, News, Patients, Regulation, Rights, Robert Frichtel, THC, Under the Influence