Tag Archives: Cannabis

Canada’s Marc Emery is a Man on a Mission

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“Canada’s ‘Prince of Pot’ Marc Emery has finally returned home after spending just over 4 ½ years in US federal prison for selling marijuana seeds over the Internet.  Not only did the gregarious former libertarian bookseller relentlessly hassle Canadian and American drug warriors, he published Cannabis Culture, created the BC Marijuana Party and helped turn parts of downtown Vancouver’s Hasting Street into a Western Hemisphere Amsterdam, complete with a vaporizer lounge and several other cannabis-related enterprises.  When he was arrested by Canadian police at the behest of US authorities, the DEA was quick to gloat that it had struck a blow against the forces of legalization.”

http://stopthedrugwar.org/chronicle/2014/aug/25/marc_emery_interview

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Understand the Emergence of the Marijuana Meme – Even In China

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“We can see once more how misleading it is to characterize countries as people. ‘China’ may seem to be monolithically opposed to legal marijuana but its entrepreneurial class is already anticipating the possibility of participating in a post-prohibition world. And in Canada, certain business interests are obviously pressuring the current regime to be more flexible about marijuana consumption, especially in small amounts. Analyze political behaviors or entrepreneurial activities from the standpoint of culture and people rather than ‘lines on a map.’ When it comes to marijuana or any other industrial trend – large or small – a look behind the “curtain” is both beneficial and enlightening.”

http://www.thedailybell.com/editorials/35584/Anthony-Wile-Look-to-Human-Action-to-Understand-the-Emergence-of-the-Marijuana-Meme-Even-in-China/

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Legal Marijuana: China Competing With U.S. Cannabis Companies?

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“The battle over marijuana may become East vs. West since Dr. Luc Duchesne, an Ottawa-based businessman and biochemist, claims Chinese medical marijuana may be the biggest competitor in the U.S.:  ‘Because cannabis in Western medicine is becoming accepted, the predominance of Chinese patents suggests that pharmaceutical sciences are evolving quickly in China, outpacing Western capabilities. CTM [Chinese traditional medicine] is poised to take advantage of a growing trend. The writing is on the wall: Westernised Chinese traditional medicine is coming to a dispensary near you.’ According to WIPO, Chinese firms have filed 309 of the 606 patents relating to medical marijuana.”

http://www.inquisitr.com/1404612/marijuana-legalization-may-have-chinas-big-pot-competing-with-american-cannabis-companies/

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Feds: 100+ Financial Institutions Working With Marijuana Businesses

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“Over 100 US financial institutions are working directly with marijuana-related businesses in states that allow for cannabis commerce, according to public remarks made Tuesday by a US Department of Treasury representative.  In February, the Treasury Department and the Justice Department issued a pair of memos providing limited guidance to financial institutions that wish to engage in transactions with state-authorized marijuana businesses. In July, members of the US House of Representatives voted in favor of legislation restricting the Treasury Department’s ability to take punitive actions against financial institutions that provide assistance to state-sanctioned, marijuana-businesses.”

http://norml.org/news/2014/08/14/feds-over-100-financial-institutions-working-with-marijuana-related-businesses

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4 Things You Should Know About Mass Incarceration

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“Today’s total American prison population exceeds the estimated amount of citizens detained within the Gulag system under the former Soviet Union. If we include those sentenced but not yet incarcerated, as well as those released upon probation and parole, there are more young black men embroiled in the American criminal justice system than were estimated to be enslaved in America circa 1850. These statistics are not to say that the United States is totalitarian, or based on chattel labor. Instead, these numbers emphasize that, insofar as despotism requires enforcement, our own government is more than capable of imposing serious and pervasive social control.”

http://www.fee.org/the_freeman/detail/4-things-you-should-know-about-mass-incarceration

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Dry California Fights Illegal Use of Water for Cannabis

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“Amid the state’s crippling drought, many communities are fighting the growers’ use of water.  Environmentally minded marijuana growers say that illegal operators and water guzzlers are giving them a bad reputation.  Because there are countywide restrictions on the number of marijuana plants even legitimate growers may keep, Mr. Chaitanya said, they have an incentive to make those plants as robust as possible — and that means using more water. Mr. Chaitanya suggested that the problem was exacerbated by confusing regulations.  Sheriff Allman of Mendocino County was skeptical of this. ‘That sounds like logic they’ve made up after smoking a joint,’ he observed.”

http://www.nytimes.com/2014/08/07/us/dry-california-fights-illegal-use-of-water-for-cannabis.html

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Medical Marijuana Research Hits Wall of U.S. Law

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“Though more than one million people are thought to use the drug to treat ailments ranging from cancer to seizures to hepatitis C and chronic pain, there are few rigorous studies showing whether the drug is a fruitful treatment for those or any other conditions.  In the case of marijuana, restrictions are even greater than for other controlled substances.  To obtain the drug legally, researchers like Dr. Sisley must apply to the Food and Drug Administration, the Drug Enforcement Administration and the National Institute on Drug Abuse — which, citing a 1961 treaty obligation, administers the only legal source of the drug for federally sanctioned research, at the University of Mississippi.”

http://www.nytimes.com/2014/08/10/us/politics/medical-marijuana-research-hits-the-wall-of-federal-law.html?_r=0

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Directed History and the Promise of Cannabis in the 21st Century

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“The evolution of decriminalization is not merely an elite-driven sociopolitical movement; it is surely a purposeful effort to reset how the world responds to drugs.  But such a reset will tie to globalist ambitions to address drug issues on an international basis.  In this way, the cessation of the drug war would benefit proponents of internationalism.  Entrepreneurs can draw numerous conclusions from this emerging social theme.  Not only will other opportunities become apparent, but they will likely be long-lived.  At the same time, there will be increased multi-national regulation, legislation and interference. Businesspeople will be able to take advantage of the trend if they understand why it is occurring.”

http://www.thedailybell.com/public/files/Institutional-Reports/cannabis-whitepaper-June2014.pdf

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Meet the Financier Behind a Hot Pot Stock

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“There are now at least 130 public companies that claim to be in the pot business, and most of them are so-called penny stocks, defined by the SEC as stocks trading for less than $5 a share.  ‘They’re full of shenanigans and charlatans,’ says Brendan Kennedy, chief executive officer of Privateer Holdings, a firm that invests in the marijuana industry. ‘Most of them will revert to zero.’  On some days, cannabis-related stocks account for 15% or more of all penny-stock trading, according to OTC Markets Group Inc., which runs the trading venue once known as the pink sheets. Since 2012, the market capitalization of those stocks has soared from $500 million to more than $7 billion.”

http://www.bloomberg.com/news/2014-06-18/legal-pot-sets-off-penny-stock-frenzy.html

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High Times Starts $300M Marijuana Industry Investment Fund

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“When a pot smuggler named Tom Forcade approached Michael Kennedy in 1974 with his plan for a magazine devoted to helping Americans grow weed, Kennedy asked, what’s the point?  The magazine, High Times, has survived as an icon of dope culture, and Kennedy, a criminal defense lawyer, has improbably ended up as its controlling owner. Now, with marijuana legal in some form in 22 states, the counterculture institution is aiming to raise $300 million for the High Times Growth Fund, which will make private equity investments in the marijuana business.  Privateer Holdings, another private equity fund focusing on the industry, raised $15 million in February.”

http://www.businessweek.com/printer/articles/208445-high-times-on-wall-street

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