Giambra Says Marijuana Tax Revenues Could Deliver $500 Million A Year

"This is a plan to rebuild New York without continuing to raise taxes," said Giambra.  "There's another billion dollars in taxes and fees already projected in the Albany pipeline this year to deal with a deficit estimated of at least $4.4 billion.  I think the citizens have had enough.  Let's take marijuana off the black market, like other states have, and begin to phase in that new revenue stream and put that money to work for the people of New York."

New Revenue Stream Could Help Rebuild State, Says Gubernatorial Candidate NEW YORK:  “Conservative projections of an estimated $500 million a year in initial marijuana tax revenues for New York State could leverage enormous economic impact across the board and help rebuild our state,” says former Erie County Executive Joel Giambra, an independent candidate for governor Read the full article…

Global Cannabis Testing Market – Increasing Use For Medical Purposes To Propel Growth

Global Cannabis Testing Market - Increasing Use for Medical Purposes to Propel Growth

UNITED KINGDOM: The latest market research report by Technavio on the global cannabis testing market predicts a CAGR of around 12% during the period 2018-2022. The report segments the global cannabis testing market by product (instruments, consumables, and software) and by geography (the Americas, EMEA, and APAC). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, Read the full article…

Cannabis Policy Reform Advocates Release Report Card Grading Candidates for Governor in Maryland

MD Candidate scores based on responses to questionnaire, bill sponsorship, and public statements

MARYLAND: The Marijuana Policy Project (MPP) released a voter guide Monday that grades Maryland gubernatorial candidates strictly on their positions and statements about cannabis policy. The report contains letter grades for each person running in Maryland’s Democratic Primary for governor in June and is based on answers to a questionnaire MPP sent to candidates, bill sponsorship, and Read the full article…

Study: Cannabis Effective At Treating Symptoms Of Fibromyalgia

Pain in a female body isolated white background. Collage

ISRAEL: Cannabis therapy mitigates symptoms of the chronic pain condition fibromyalgia and is associated with a reduction in the use of other prescription drugs, according to clinical data published online ahead of print in the Journal of Clinical Rheumatology. An estimated 3 to 6 million Americans are afflicted by fibromyalgia, which is often poorly controlled by standard pain medications. Israeli investigators Read the full article…

Legal Cannabis And CBD Products Sales Continue To Rise

MJ and CBD sales point up in 2018

NEW YORK:  The U.S. medical cannabis market is projected to reach $19.48 billion by 2024, according to a report by Hexa Research The anticipated growth is driven by the intensifying acceptance of medical advantages associated with cannabis, particularly for patients dealing with cancer, diabetes and chronic pain. Symptoms and conditions that may be treated with cannabis products Read the full article…

The Green Earth Farmacie Los Angeles Opens To Recreational Cannabis Consumers

The Green Earth Farmacie is Now Open for Adult Use Recreational Cannabis Sales in Los Angeles, California

CALIFORNIA:  The Green Earth Farmacie, leading cannabis dispensary specialists, announced they are now open for adult use recreational customers. The Green Earth Farmacie is one of the first dispensaries in Los Angeles to officially open their doors to the general public. To participate, customers must be adults 21 years and over, with a valid ID Read the full article…

Top Factors Driving the Global Hemp-Based Foods Market

Top Factors Driving the Global Hemp-Based Foods Market

GREAT BRITAIN: Technavio market research analysts forecast the global hemp-based foods market to grow at a CAGR of above 24% during the period 2018-2022, according to their latest report. This market research report segments the global hemp-based foods market into the following product type (hemp seed-based foods, hemp protein-based foods, and hemp oil-based foods) and key regions (the Americas, APAC, and EMEA). Technavio Read the full article…

Philadelphia: District Attorney To Cease Prosecuting Marijuana Possession Offenders

http://norml.org/news/2018/02/22/philadelphia-district-attorney-to-cease-prosecuting-marijuana-possession-offenders

PENNSYLVANIA: Newly elected District Attorney Larry Krasner has announced that his office will no longer prosecute marijuana possession offense violations. Although city policy has already decriminalized most minor marijuana possession offenses, police have continued to make several hundred possession arrests annually. Going forward, the DA’s office will drop these charges. Krasner said that the change in policy is “the right thing to Read the full article…

Basketball Legend Al Harrington Premiers CBD-Based Wellness Products

Harrington initially discovered the recuperative power of Cannabis, and later CBDs, as a result of convincing his grandmother, Viola, to use extracts to help with her glaucoma. As a result, Harrington Wellness' sister company, Viola Extracts, is named in her honor.

CALIFORNIA: Retired NBA great Al Harrington, who discovered the benefits of CBDs (Cannabinoids) at the end of his playing career, has premiered a new line of wellness products based on hemp, the non-psychoactive elements found in the plant. As an upscale consumer brand, Harrington Wellness will feature products that will foster healthy living and all the benefits Read the full article…

Latest Fox News Poll Finds Record Support In Favor Of Legalization

Americans like their marijuana

NEW YORK: Fifty-nine percent of voters believe the adult use of marijuana should be legal, according to nationwide polling data compiled by Fox News. The percentage marks an eight-point percentage increase since 2015, and is the highest level of support ever reported by the media agency. Majorities of Democrats (68 percent) and Independents (67 percent) back legalization, but Read the full article…