Decriminalization of non-medical cannabis in the United States

U.S. Federal Cannabis Legalization Could Be Worth $128.8 Billion in Taxes and 1.6 Million Jobs

Retrieved on: 
Wednesday, October 2, 2019

The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal legalization would have on the U.S. economy, especially tax revenue generation and job creation.

Key Points: 
  • The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal legalization would have on the U.S. economy, especially tax revenue generation and job creation.
  • New Frontier Data forecasts that under full federal legalization the cannabis industry could produce nearly $130 billion in additional tax revenues and over 1 million jobs nationwide.
  • Some of the report findings include that:
    2018-2019 YOY job growth in the cannabis industry generated nearly 82,000 jobs.
  • If full legalization occurred in all 50 states today, there would be in excess of 1.46 million jobs, increasing to 1.63 million jobs by 2025.

Cannabis Professional, Jay Evans, CEO of Keirton Inc., Named a Finalist of Ernst & Young’s Entrepreneur Of The Year® Awards 2019 Pacific Program

Retrieved on: 
Wednesday, October 2, 2019

VANCOUVER, British Columbia, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Keirton Inc. (Keirton), the Canadian leader in product engineering and idea development for commercial cannabis cultivation today announced its CEO, Jay Evans, has been named as a finalist for the EY Entrepreneur Of The Year Awards 2019 Pacific program .

Key Points: 
  • VANCOUVER, British Columbia, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Keirton Inc. (Keirton), the Canadian leader in product engineering and idea development for commercial cannabis cultivation today announced its CEO, Jay Evans, has been named as a finalist for the EY Entrepreneur Of The Year Awards 2019 Pacific program .
  • Nowhere is this more true than in an emerging, and often stigmatized, industry like cannabis.
  • This year, 42 finalists have been nominated across 9 categories for the Entrepreneur Of The Year Awards 2019 Pacific program, accounting for annual revenues of nearly $1.5 billion.
  • Founded in 2007 out of Surrey, British Columbia, Keirton is the most respected name in solution engineering for commercial cannabis cultivation.

Medical Marijuana, Inc. Subsidiary HempMeds® Brasil Signs Agreement with Online Marketplace Dr. Cannabis

Retrieved on: 
Tuesday, September 17, 2019

Since 2014, almost 10,000 authorizations have been granted to individual patients, allowing them to import medical cannabis on a case-by-case basis, each for a period of up to one year.

Key Points: 
  • Since 2014, almost 10,000 authorizations have been granted to individual patients, allowing them to import medical cannabis on a case-by-case basis, each for a period of up to one year.
  • "This partnership has increased our order demand significantly," said HempMeds Brasil Vice President Caroline Heinz.
  • As the medical cannabis market in Brazil continues to thrive and grow, Dr. Cannabis has become one of the largest online marketplaces for CBD throughout the country.
  • Medical Marijuana, Inc.'s headquarters is in San Diego, California, and additional information is available at OTCMarkets.com or by visiting www.medicalmarijuanainc.com .

Gage Cannabis Co. Offers Nearly $1 Million In Grants To Support Participants Of Michigan MRA Social Equity Program

Retrieved on: 
Friday, September 13, 2019

DETROIT, Sept. 13, 2019 /PRNewswire/ --Gage Cannabis Co., Michigan's leading craft cannabis brand, today announced a significant grant program, making up to $950,000 available to participants of the state's Marijuana Regulatory Agency Social Equity Program.

Key Points: 
  • DETROIT, Sept. 13, 2019 /PRNewswire/ --Gage Cannabis Co., Michigan's leading craft cannabis brand, today announced a significant grant program, making up to $950,000 available to participants of the state's Marijuana Regulatory Agency Social Equity Program.
  • The grants will assist those cannabis industry entrepreneurs significantly impacted by marijuana prohibition and enforcement as they embark on exciting new business journeys.
  • Gage will offer 19 grants in recognition of the 19 communities identified by the MRA as having been disproportionately affected by prior marijuana prohibition policies.
  • Applicants are required to be participants of the MRA Social Equity Program.

Innovative Technologies Could Help the Advancement in the Cannabis Industry

Retrieved on: 
Wednesday, September 4, 2019

However, because cannabis is still listed as a controlled substance, many service providers have opted not to do business with the cannabis industry.

Key Points: 
  • However, because cannabis is still listed as a controlled substance, many service providers have opted not to do business with the cannabis industry.
  • However, as a result, many entrepreneurs have taken the initiative and launched operations in order to help accelerate the industry.
  • And now, digital payment solutions are expected to be a major growth driver for the overall cannabis industry.
  • Now, as the cannabis market continues to evolve, financial service providers are beginning to tap into the cannabis market.

Innovative Technologies Could Help the Advancement in the Cannabis Industry

Retrieved on: 
Wednesday, September 4, 2019

However, because cannabis is still listed as a controlled substance, many service providers have opted not to do business with the cannabis industry.

Key Points: 
  • However, because cannabis is still listed as a controlled substance, many service providers have opted not to do business with the cannabis industry.
  • However, as a result, many entrepreneurs have taken the initiative and launched operations in order to help accelerate the industry.
  • And now, digital payment solutions are expected to be a major growth driver for the overall cannabis industry.
  • Now, as the cannabis market continues to evolve, financial service providers are beginning to tap into the cannabis market.

Technology Aides the Cannabis Industry to Overcome Regulatory Obstacles

Retrieved on: 
Wednesday, August 28, 2019

As a result, entrepreneurs have seized the opportunity and created their own institutions to serve the cannabis industry.

Key Points: 
  • As a result, entrepreneurs have seized the opportunity and created their own institutions to serve the cannabis industry.
  • Many lawmakers have noted that the absence of a Congressional legislation is severely limiting the expansion of the cannabis industry.
  • However, innovative technology companies have introduced digital payment platforms that have reshaped the cannabis industry.
  • While it is a step forward, many activists are still aggressively pushing a reform to ease restrictions on the cannabis industry.

Technology Aides the Cannabis Industry to Overcome Regulatory Obstacles

Retrieved on: 
Wednesday, August 28, 2019

As a result, entrepreneurs have seized the opportunity and created their own institutions to serve the cannabis industry.

Key Points: 
  • As a result, entrepreneurs have seized the opportunity and created their own institutions to serve the cannabis industry.
  • Many lawmakers have noted that the absence of a Congressional legislation is severely limiting the expansion of the cannabis industry.
  • However, innovative technology companies have introduced digital payment platforms that have reshaped the cannabis industry.
  • While it is a step forward, many activists are still aggressively pushing a reform to ease restrictions on the cannabis industry.

An Unintended Side Effect: Legal Cannabis Places High Demand on Emergency Nurses

Retrieved on: 
Tuesday, August 27, 2019

While the health consequences of cannabis usage have been widely researched, this first-of-its-kind study, published Aug. 26 in Public Health Nursing , examines the additional burden placed upon emergency nurses' workload presented by cannabis overdose patients.

Key Points: 
  • While the health consequences of cannabis usage have been widely researched, this first-of-its-kind study, published Aug. 26 in Public Health Nursing , examines the additional burden placed upon emergency nurses' workload presented by cannabis overdose patients.
  • "Our goal was to examine the effects legalization of cannabis has had on emergency departments in those areas."
  • Wolf noted that further research is needed to fully understand the range of unintended consequences associated with legalized cannabis.
  • The Emergency Nurses Association is the premier professional nursing association dedicated to defining the future of emergency nursing through advocacy, education, research, innovation, and leadership.

Growing Support for Cannabis Legalization Fuels Industry as a Global Marketplace

Retrieved on: 
Tuesday, August 27, 2019

The spur of legalization efforts has drawn in millions of people worldwide who are curious to try cannabis.

Key Points: 
  • The spur of legalization efforts has drawn in millions of people worldwide who are curious to try cannabis.
  • The growing support for cannabis legalization is further propelling the industry and establishing it as a prominent global marketplace.
  • In 1996, the U.S. reshaped the industry after California became the first state to legalize medical cannabis.
  • The cannabis industry still remains in its infancy stage, but as pre-existing markets continue to develop and other nations explore opportunities, the market is positioned to become a disruptive global industry.