More than half a year in, Canada’s relaxed cannabis laws appear to be earning a clean bill of health from major medical organizations.
While many hard numbers on health shifts are not yet available, some of the country’s largest mental health and emergency centres say the new laws have dumped no discernible increase in cannabis-related cases on their doorsteps.
“It’s certainly something that we’re very concerned about and want to be watching for,” says Robert Mann, a senior scientist and impairment expert at Toronto’s Centre for Addiction and Mental Health. “But I’ve heard nothing — no indication that there’s all of a sudden a large increase.”
– Read the entire article at The Star.
Although the legal marijuana industry is still very much an emerging niche for stock market participants, the market for investing in cannabis is maturing.
In a recent sign of how far the legal cannabis sector has come, BlackRock Funds has made substantial investments in dispensary operator Curaleaf Holdings, the same company that also announced it will sell products infused with a non-psychoactive hemp component in CVS Health Corp (NYSE: CVS) stores.
Institutional Investment, Industrialized Processes
The CVS deal indicates that cannabis products are becoming more mainstream. The BlackRock investment is a high-profile example of institutional money entering a space that has been called the Wild West of investing. “We expect to see a floodgate [open]of more institutional investment,” said Matt Karnes, founder and managing partner with GreenWave Advisors.
– Read the entire article at YahooNews.
Rain this past weekend kept the EPIC 420 Cannabis Festival from getting the attendance organizers were hoping for, but still they were able to support Windsor area food banks.
Event organizer Leo Lucier dropped off a truck and trailer full of groceries at Street Help on Monday.
Lucier later went to the Welcome Centre Shelter for Women and helped fill their shelves with food and other necessities.
– Read the entire article at CTV News.
Illinois Opioid Alternative Program
Illinois residents who have been prescribed opioids now have an all natural alternative to the addictive and sometimes deadly painkillers. The aptly named Opioid Alternative Pilot Program will provide enrollees with access to medical marijuana for the duration of their treatment.
Illinois’ medical marijuana legislation was signed into law in 2015. The measure allowed patients with any of around 40 qualifying medical conditions to purchase and possess cannabis products at state-licensed dispensaries. Qualifying medical conditions include ALS, cancer, Crohn’s disease, epilepsy, glaucoma and many others. Since it was initiated, sales of medical marijuana have topped $260 million. The state has licensed more than 50 dispensaries.
The program was expanded to include the opioid alternative back in August of 2018. Along with the expansion, a fingerprinting and background check requirement was dropped.
The addition of the opioid replacement program is expected to dramatically increase the demand for medical marijuana in the state, while cultivators and dispensaries are scrambling to keep up with demand.
The Opioid Epidemic In Illinois
The dramatic and rapid rise of prescription opioids and the number of deaths resulting from their use is no less than an epidemic in the U.S. Opioids are responsible for 49,000 of the 72,000 drug overdose deaths in……
Read More Here
Your friend, significant other, sibling, parent — anyone!
We know it’s hard to find the right gifts for your loved ones, so we’ve compiled a ton of fashion and beauty-focused gift guides tailored to a range of interests and budgets. Check out our latest below and find more right here.
As marijuana continues to earn legalization for recreational use around the world, the act of smoking pot is rapidly transforming within the luxury market across fashion, beauty and media. (We’ve covered one, not two, but three very chic magazines on weed that just launched this year.) From designers getting inspired by the marijuana leaf’s aesthetic to new beauty brands banking on the benefits of CBD, the options for stylish cannabis-friendly products are plentiful right now.
– Read the entire article at Fashionista.