capitalism

Massachusetts to get country's biggest legal grow

Posted on December 29th, 2016 by Global Ganja Report and tagged , , , , , , , , .

MassachusettsDenver-based AmeriCann is planning to develop what will be the United States' largest medical marijuana facility in Freetown, Mass. At one million square feet, the Massachusetts Medical Cannabis Center is planned for a tract in the Bristol County town formerly slated for a brewery by the Boston Beer Co. Boston Business Journal reports that AmeriCann bought the property this fall for $4.475 million. AmeriCann CEO Tim Keogh said the facility will be "the place in the northeast US for the creation of a wide variety of exciting new advanced products for medical cannabis patients."

Martin Lee speaks on CBD in New York City

medical marijuanaA little New York-California cross-fertilization of herbal consciousness took place as Martin Lee, the author of Smoke Signals: A Social History of Marijuana, spoke in Manhattan's East Village the night of Nov. 10 on "The Future of CBD and Medicinal Cannabis." Lee discussed his current work with California-based Project CBD, dedicated to promoting and publicizing research into the medical uses of cannabidiol, and Emerald Pharms, his CBD-oriented dispensary in Hopland, southern Medocino County. The event was hosted by The Alchemist's Kitchen, a New Age-flavored herbal apothecary—or "botanical dispensary"—on East 1st Street. Under New York state's medical marijuana law, the Kitchen recently launched a Bowery Cannabis Club, which specializes in CBD products.

The cannabis question in Trump's America

BlackLivesMatterThe results of the Nov. 8 elections really indicate the schizophrenic nature of American political culture at this moment. Amid the fear and loathing over the election of the fascistic Donald Trump as president, big gains were registered for cannabis freedom. Voters in California approved Proposition 64, legalizing  up to an ounce for those 21 and older, and allowing individuals to grow up to six plants. The measure also permits retail sales and imposes a 15% tax. Similar measures passed in Massachusetts, Maine and Nevada, bringing the percentage of Americans living in states where cannabis is legal for adults up from five to 20 percent. Only Arizona's Proposition 205 was rejected by the voters.

Colombia gets a new legal cannabis enterprise

Posted on November 8th, 2016 by Global Ganja Report and tagged , , , , , .

ColombiaColombia has launched an ambitious initiative to provide a legal market for peasant cannabis cultivators, supplying a new facility that will produce extracts for the Israeli medical market. This week, the company One Colombia, which now produces coffee infused with medicinal herbs, broke ground on the plant at the highland town of Corinto, in the southern region of Cauca, Vanguardia newspaper reports. With an investment of $1.5 million from Israeli partners, the plant is projected to produce 300 tons of oil extracts annually, from 10 times as much "primary material"—all provided by local small producers.

California: billions seen from cannabis boom —amid dissent

Posted on October 18th, 2016 by Bill Weinberg and tagged , , , , , , , , .

CaliforniaAs Californians prepare to vote on a cannabis legalization initiative, bullish predictions mount of an imminent windfall. The state capital region alone could reap 20,000 jobs and generate $4.2 billion in business if it becomes a hub for a legal cannabis industry, according to a new study by the University of the Pacific in Stockton. Reuters reports Oct. 17 that the study was commissioned by cannabis investment firm Truth Enterprises. "The Sacramento region should be to cannabis what Detroit is to automobiles in terms of both a center of innovation as well as production," said Truth Enterprises partner Daniel Conway. "This region has the ability to be to cannabis what Sonoma and Napa are to wine." Conway is certainly confident. He just left his job as chief of staff to Sacramento mayor (and former NBA star) Kevin Johnson to pursue his future in the cannabis sector.

California controversy over commercial cannabis grow licenses

Posted on October 17th, 2016 by Global Ganja Report and tagged , , , , , , , .

CaliforniaMany rural California communities have high expectations over the prospect of commercial cannabis cultivation, officially licensed by local authorities under provisions of the Medical Cannabis Regulation and Safety Act (MMRCA), which was passed by Sacramento last year. Humbold County issued its first commercial cultivation licenses this summer. Now a less likely entry, Kern County in the conservative southern end of the Central Valley, has seen its first licenses. These were issued by the municipality of California City, where officials expressed some surprise at their own actions. "It's a new industry for us. It kind of came and dropped in our laps," city manager Tom Weil told Bakersfield's KBAK. "It's not something we were looking for."

UK government acknowledges medical value of cannabinoid

Posted on October 13th, 2016 by Global Ganja Report and tagged , , , , , , , .

medical marijuana The British government's Medicines & Healthcare Regulatory Agency (MHRA) on Oct. 11 issued a finding that cannabidiol (CBD) has a "restoring, correcting or modifying" effect on "physiological functions." The Independent calls the move "a potential milestone in the campaign to legalise cannabis and bring about evidence-based laws regarding drugs."  The review of CBD, a non-psychoactive cannabinoid increasingly studied for its therapeutic value, was undertaken following discussions with MediPen, a London-based company that seeks to market a CBD vaporizer.

Flagship Oakland dispensary marks 10 years

Posted on October 6th, 2016 by Bill Weinberg and tagged , , , , , , .

OaklandOakland's KTVU  on Oct. 5 noted a miltestone for the East Bay city: exactly 10 years of operation for Harborside Health Center, the foremost "pioneering enterprise" in California's cannabis industry. "The world's attitude towards cannabis has shifted massively in the course of the 10 years that Harborside has been open," box-store dispensary founder Steve DeAngelo told the station, noting legalization of recreational use in four states and the District of Columbia. "So we have seen really a massive, tectonic shift in attitudes towards cannabis." KTVU hails Harborside as "a solid, respected business with 200 employees and contractors, serving 200,000 patients."

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