Medical Marijuana Business Attracts Hedge Funds, Venture Capitalists

Marijuana has been a cash crop for many years in this country. The only problem is that most of that crop had been grown illegally. Now, that medical marijuana is legal in 15 states and the District of Columbia, legalized marijuana has quickly become so popular it is attracting attention from hedge fund managers and venture capitalists, not to mention a whole new batch of entrepreneurs.

Doctors still can’t prescribe marijuana because it is categorized as a schedule one drug like LSD. But they can recommend it and that’s all anyone needs to get a medical marijuana license that allows them to buy marijuana legally in those 15 states, with three more states about join them.

Each license sells for around $130 and some clinics selling the licenses have brought in more than a million dollars in just their first year. The once illegal joint is selling like hot cakes throughout middle America to consumers who no longer have to worry about getting arrested for possession, at least by local or state authorities.

The federal government still outlaws marijuana possession but it’s unlikely someone with a medical marijuana license will be busted by an FBI or DEA agent if caught smoking in his or her own home. In fact, just last year U.S. enforcers promised to leave medical marijuana operations alone if they complied with state law.

That prompted a significant increase in interest among entrepreneurs. Today, there are an estimated 2,400 medical marijuana dispensaries from California to Maine. In Colorado, they outnumber Starbucks two to one.

 

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Welcome To The NORML Women’s Alliance

Attention, Big Bear Ladies:  Let’s Rock!  The Secret to Legal Marijuana? Women

The National Organization for the Reform of Marijuana Laws (NORML), the nation’s oldest and most well respected grassroots marijuana law reform organization, is pleased to announce the launch of the NORML Women’s Alliance.

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The Secret to Legal Marijuana? Women

Why women have signed onto marijuana reform — and why they could be the movement’s game-changers.

In September, ladymag Marieclaire ruffled some feathers when it published a piece about women who smoke weed. But its most interesting effect was not the “marijuana moms” chatter it unleashed, and instead the fact that it brought to the mainstream media a more open discussion of the fact that women can be avid tokers, too.

Public acceptance of pot is at an all-time high, and the fact that women have drastically changed their attitudes may be what is most fascinating about the sea change in public opinion — and policy — regarding marijuana. In 2005, only 32 percent of polled women told Gallup they approved legalizing pot, but this year 44 percent of them were for it, compared to 45 percent of men. In effect, women have narrowed what had been a 12-point gender gap.

Women are also smoking more weed. The most recent National Survey on Drug Use and Health shows that current marijuana use increased from 3.8 to 4.5 percent among women, while there was no significant statistical change for men.

Indeed, it appears the growing acceptance of marijuana is fueled by women having joined the movement for reform.

Women “can reach people’s hearts and minds,” says Mikki Norris, co-author of Shattered Lives: Portraits from America’s Drug War, managing editor of the West Coast Leaf, and director of the Cannabis Consumers Campaign. “I think we can really take it from the third- to the first-person, and make it personal.”

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Students for Sensible Drug Policy (SSDP.org) Testifies at CA Marijuana Legalization Hearing

FBI figures: One drug bust in US every 18 seconds

America is a nation at war, overseas in Iraq and Afghanistan, and at home.

According to the newly released Federal Bureau of Investigation Uniform Crime Report for 2008 every 18 seconds someone is arrested and charged with violating drug laws.

Another striking figure in the report: of the 1,702,537 drug arrests in 2008, 82.3 percent were for simple possession of a contraband substance. Nearly half, 44 percent, were for possession of marijuana.

According to San Francisco Weekly’s calculations, 2008 saw one marijuana arrest every 37 seconds.

The National Organization for the Reform of Marijuana Laws (NORML) said 2008 had the second-highest number of marijuana arrests the U.S. has ever seen. The group said that 2007 currently holds the record.

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Pot Parents: Smoking’s Better Than Drinking!

A controversial new movement promotes pot use instead of alcohol. These parents want to ban pot prohibition because they believe it will save lives.

Gina Kaysen Fernandes: Alcohol and marijuana are the two most popular — and easily accessible — substances on college campuses, but they’re not treated the same under the law. Possessing pot can land you in jail, but drinking too much at a keg party can kill you. “This highlights the absurdity in how we treat these two substances,” said Mason Tvert, the co-founder and executive director of the group Safer Alternative for Enjoyable Recreation, or SAFER. Mason has made it his personal mission to debunk the government’s anti-marijuana message. “The fact that we have students drinking themselves to death made us realize we had to start some awareness on college campuses,” says Mason.

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Marijuana Mamas!

Gina Kaysen Fernandes: A new wave of reefer madness is sweeping suburbia — but it’s not just teenagers who are lighting up. Middle-aged, middle-class soccer moms are smoking pot … a lot. These women aren’t stoners: they’re teachers, lawyers, and, perhaps, even your neighbor who prefers puffing a joint to sipping chardonnay.

“Marijuana is the magic in my life that helps me unwind, stay sane, and have more energy,” says Sonia, a 24-year-old mother from Los Angeles. Working full-time as a restaurant manager leaves Sonia feeling stressed out and drained at the end of the day. She smokes once or twice daily to relax. “I have a stressful job, it’s something that helps me wind down so I don’t take out my frustration on my husband or my child.”

Sonia became a mother at the age of 22 and suffered from some depression. She turned to marijuana to help curb the baby blues. A doctor later diagnosed Sonia with anxiety and wrote her a prescription for the herbal remedy. Sonia gets her stash from a medicinal marijuana clinic and takes comfort in knowing the pot she smokes is legal and high quality.

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Canada’s ‘Prince of Pot’ Vows to Defeat U.S. War on Drugs

VANCOUVER, British Columbia  —  Psychedelic rock booms through The Toker’s Bowl. Young and some not-so-young people smoke pot through a variety of devices in the store’s Vapour Lounge. And owner Marc Scott Emery stands in the middle of it all, proclaiming his goal of defeating the U.S. war on drugs.

Known as the Prince of Pot, Emery has sold millions of marijuana seeds around the world by mail over the past decade. In doing so, he has drawn the attention of U.S. drug officials, who want him extradited to Seattle. Emery has agreed to plead guilty in Seattle to one count of marijuana distribution in exchange for dismissal of all other counts, and the U.S. District Attorney is pressing for a sentence of five to eight years in a U.S. prison.

The case is the latest twist in Emery’s two-decade-long fight against the prohibition of marijuana in North America. To his supporters, he is a brave crusader for the use and sale of a drug with both recreational and medicinal value. To drug officials, he is a criminal and the biggest purveyor of marijuana from Canada into the United States.

Emery sits “right smack in the middle” of the North American debate over marijuana prohibition, said Allen St. Pierre of the National Organization for the Reform of Marijuana Laws in Washington, D.C. St. Pierre predicted that Emery’s trial would “kick-start it all again.”

But drug officials say they are simply going after one of the world’s top 50 drug traffickers. U.S. authorities claim Emery’s seeds have grown $2.2 billion worth of pot.

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Supreme Court upholds California medical pot law

[ Smoke on this, Hoops. ]

Reporting from Washington — The Supreme Court on Monday rejected appeals from two hold-out counties in Southern California that objected to the state’s 13-year-old medical marijuana law and claimed it should be struck down as violating the federal drug control act.

Without comment, the court turned down the pair of appeals.

See also:  Un-elected, unwanted, unknown, Nazi/Military PIG

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SexPot: Want to Have Great Sex? Smoke a Joint

Marijuana has been used as an aphrodisiac for thousands of years. So what exactly is it about weed that turns people on?

Marijuana has been used as an aphrodisiac for thousands of years.

The ancient Indian Ayurvedic medicine systems used cannabis to increase libido, produce long-lasting erections, delay ejaculation, facilitate lubrication and loosen inhibitions.

Some Tantric sex practitioners drink a substance called bhang, a sort of spiced marijuana milkshake to enhance the sexual experience. According to one source, Indian prostitutes eat bhang sherbet to help them feel sexually aroused.

In 19th century Serbia, female virgins were given mixtures of lamb’s fat and cannabis on their wedding night to make sex less painful. Morocco, Egypt, Lebanon and other Middle Eastern and Northern African cultures used cannabis for sexual purposes in a potent form known at kif as recently as the early 20th century.

So what exactly is it about weed that turns people on?

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County Asks U.S. Supreme Court To Erase State’s Medical Marijuana Law

San Diego County filed papers this week asking the U.S. Supreme Court to erase California’s medical marijuana law, arguing that federal prohibitions outlawing the substance supersede California’s law allowing sick people to use it.

The county is asking the nation’s highest court to overturn a state appellate court’s July decision upholding the voter-approved law legalizing marijuana use for medicinal purposes.

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