Blog Page 3

United Nations Makes Recommendation Not To Schedule CBD as Drug After Medical Marijuana, Inc. Executive Spoke at World Health Organization Convention

News of Marijuana
News of Marijuana

HempMeds® Mexico President Raúl Elizalde Influences Global Policy Recommendation

SAN DIEGO, Dec. 14, 2017 /PRNewswire/ — Medical Marijuana, Inc. (OTC:MJNA), the first-ever publicly traded cannabis company in the United States, announced today that the World Health Organization has made the expert recommendation not to schedule cannabidiol (CBD) as a drug. See statement here: http://www.who.int/medicines/news/2017/WHO-recommends-most-stringent-level-int-control/en/.

This news comes after subsidiary HempMeds® Mexico President Raúl Elizalde spoke on behalf of the family of companies to the U.N. at the World Health Organization’s (WHO) Thirty-Ninth meeting of the Expert Committee on Drug Dependence on November 6, 2017.

There, Elizalde, a world-renowned medical cannabis advocate, spoke to international leaders about his daughter’s personal experience with CBD and urged organization leaders to not consider CBD psychoactive and not schedule it as a drug. Elizalde also presented research findings from studies conducted with children using CBD hemp oil products in Mexico by Dr. Saul Garza and Dr. Carlos Aguirre.

In a statement by the World Health Organization, the Expert Committee on Drug Dependence has concluded:

“Recent evidence from animal and human studies shows that its use could have some therapeutic value for seizures due to epilepsy and related conditions. Current evidence also shows that cannabidiol is not likely to be abused or create dependence as for other cannabinoids (such as Tetra Hydro Cannabinol (THC), for instance). The ECDD therefore concluded that current information does not justify scheduling of cannabidiol and postponed a fuller review of cannabidiol preparations to May 2018, when the committee will undertake a comprehensive review of cannabis and cannabis related substances.”

“We couldn’t have asked for a better outcome and we are thankful that Raul was able to play such a vital role in the World Health Organization’s decision,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “We hope that this recommendation makes it easier for people around the world to gain necessary access to CBD and improve their quality of life.”

“We’re ecstatic that these international health leaders agree that CBD is a substance that should not be scheduled and has therapeutic value for a variety of medical conditions,” said HempMeds® Mexico President Raul Elizalde. “We look forward to continuing our conversation about CBD’s many benefits in 2018.”

About Medical Marijuana, Inc.

We are a company of firsts®. Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value. For details on Medical Marijuana, Inc.’s portfolio and investment companies, visit www.medicalmarijuanainc.com.

To see Medical Marijuana, Inc.’s video statement, click here.

Shareholders are also encouraged to visit the Medical Marijuana, Inc. Shop for discounted products.

FORWARD-LOOKING DISCLAIMER AND DISCLOSURES

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties. The statements in this press release have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease. The Company does not sell or distribute any products that are in violation of the United States Controlled Substances Act. The Company does sell and distribute hemp-based products.

CONTACT:

Public Relations Contact:

Andrew Hard

Chief Executive Officer

CMW Media

P. 888-829- 0070

andrew.hard@cmwmedia.com

www.cmwmedia.com

The post United Nations Makes Recommendation Not To Schedule CBD as Drug After Medical Marijuana, Inc. Executive Spoke at World Health Organization Convention appeared first on Medical Marijuana, Inc. (OTC: MJNA).

Original Article

WHO Makes its Recommendation: CBD Shouldn’t Be a Scheduled Substance

News of Marijuana
News of Marijuana

After more than a month of deliberation, World Health Organization officials announced their recommendation that CBD should not be considered a drug.

The World Health Organization announced today its recommendation that cannabidiol (CBD) should not be subject to international drug scheduling.

After reviewing evidence related to the benefits and risks of CBD, the WHO’s Expert Committee on Drug Dependence (ECDD) concluded:

“Current evidence also shows that cannabidiol is not likely to be abused or create dependence as for other cannabinoids (such as Tetra Hydro Cannabinol (THC), for instance). The ECDD therefore concluded that current information does not justify scheduling of cannabidiol and postponed a fuller review of cannabidiol preparations to May 2018, when the committee will undertake a comprehensive review of cannabis and cannabis related substances.”

CBD is one of 16 substances that had their international regulations reevaluated by the WHO special committee during its 5-day Thirty-Ninth meeting of the Expert Committee on Drug Dependence in November.

On November 6, 2017, MJNA subsidiary HempMeds® Mexico President Raúl Elizalde addressed the ECDD on behalf of MJNA’s family of companies at the Thirty-Ninth meeting of the Expert Committee on Drug Dependence.

During his speech, Raúl shared the story of his daughter’s experience with CBD. He urged the special committee to recognize that the cannabinoid is non-psychoactive and encouraged them to recommend that it not be subject to drug scheduling.

Raul Elizalde CBD

“We’re ecstatic that these international health leaders agree that CBD is a substance that should not be scheduled and has therapeutic value,” said Raúl, regarding the announcement. “We look forward to continuing our conversation about CBD’s many benefits in 2018.”

We followed Raúl throughout his journey to speak at the United Nations in Geneva, Switzerland, publishing regular announcements on the progress and potential impact of his efforts under the campaign #RaulWHO. Raúl provided personal streaming video updates prior to and after his address to WHO experts.

“We couldn’t have asked for a better outcome and we are thankful that Raul was able to play such a vital role in the World Health Organization’s decision,” said MJNA CEO Dr. Stuart Titus. “We hope that this recommendation makes it easier for people around the world to gain necessary access to CBD and improve their quality of life.”

What Does the Announcement Mean for CBD?

While CBD is as of now not listed explicitly as a controlled substance in the 1961 United Nations’ Single Convention on Narcotic Drugs or the 1971 Convention on Psychotropic Substances, the international body does classify cannabis and its extracts as Schedule I, the most restrictive of category.

This classification has led to many countries within the UN to restrict all cannabis and its extracts, including CBD, hindering legal access to many people around the world.

The ECDD committee’s recommendation that CBD not be internationally scheduled as a drug could influence policies around CBD around the world, potentially giving greater access to the non-psychoactive cannabinoid globally and impacting the health options of millions.

Changes in CBD’s legal status around the world would also likely create new financial opportunities for cannabis industry entrepreneurs and investors.

Learn more about CBD

CBD is one of over 100 cannabinoids so far identified in cannabis plants – both hemp and marijuana. CBD interacts with our naturally occurring systems, but is non-psychoactive and doesn’t cause a high.You can learn more about CBD by visiting our education page.

The post WHO Makes its Recommendation: CBD Shouldn’t Be a Scheduled Substance appeared first on Medical Marijuana, Inc. (OTC: MJNA).

Original Article

Norway Has Decriminalized Drug Use

News of Marijuana
News of Marijuana

A significant win for drug reform was announced on Sunday with news that Norway’s Parliament has effectively decriminalized all drug use. The Scandinavian nation stated that the responsibility of handling the estimated 10,000 drug addicts or more, most of whom are addicted to heroin, will transfer from the country’s justice system to its health department. […]Original Article

Canada’s marijuana stocks so hot it’s difficult to bet against them

News of Marijuana
News of Marijuana

Short-selling Canadian marijuana stocks is expensive as the values of companies continue to climb and few shares are available to borrow.Original Article

Massachusetts Passes First Ever Statewide Cannabis Equity Program Framework

News of Marijuana
News of Marijuana

Cannabis prohibition has had a disproportionate impact on minority communities and against poor people. That’s why it is so disheartening to see members of minority communities largely left out of the ‘green rush.’ In 2015 African Americans made up 11% of Washington State’s cannabis arrests. However, less than 3% of cannabis […]

The post Massachusetts Passes First Ever Statewide Cannabis Equity Program Framework appeared first on Weed News.

Original Article

Is vaping a factor in teen use of marijuana?

News of Marijuana
News of Marijuana

Teen use of marijuana remains high and vaping appears to be one reason, a new U.S. survey shows.Original Article

Canna Claus Survival Guide: Buds, Dabs, and Oils for Christmas 2017

News of Marijuana
News of Marijuana

Canna Claus will be busy packing mom and dad’s stockings with something new this year on Christmas Eve, sparking joy with the gift of marijuana and her intoxicating derivatives. Marijuana dispensaries in Alaska, California, Colorado, Oregon, Nevada, Massachusetts, and Washington State will most likely witness their average per-person sales increase by double digits the week before […]Original Article

Hawaii taking another look at hemp in 2018

News of Marijuana
News of Marijuana

Hawaii may expend its limited hemp program dramatically in 2018, when state lawmakers join policy makers in other states and consider allowing farmers to sell the plant. Hawaii already allows hemp production thanks to a 2016 law allowing limited research plots and seed development. But the state’s hemp farmers aren’t permitted to sell what they […]

Hawaii taking another look at hemp in 2018 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Original Article

Global cannabis industry raises whopping $2.7 billion in 2017

News of Marijuana
News of Marijuana

Medical marijuana companies around the world have raised $2.7 billion so far this year to capitalize on explosive growth in the industry, an almost 300% increase from the same time last year. More than half that total, $1.6 billion, was raised in Canada via 189 transactions, the Financial Post reported. The data was compiled by […]

Global cannabis industry raises whopping $2.7 billion in 2017 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Original Article

Ousted MassRoots CEO reclaims helm of marijuana tech firm

News of Marijuana
News of Marijuana

MassRoots Inc. on Thursday disclosed the reappointment of Isaac Dietrich as chief executive and the replacement of three board members.Original Article

Massachusetts cannabis panel backs social use venues

News of Marijuana
News of Marijuana

Massachusetts marijuana regulators have given preliminary approval to a plan that would allow sale and consumption of marijuana at businesses.Original Article

Ohio medical marijuana license applicant sues state over ‘racial quota’

News of Marijuana
News of Marijuana

A multistate medical marijuana company that lost out in the race for one of a dozen large-scale MMJ cultivation licenses in Ohio is suing the state over what it claims is an unfair “racial quota.” According to The Plain Dealer, PharmaCann Ohio is asking a state court to order that the 12 available large cultivation […]

Ohio medical marijuana license applicant sues state over ‘racial quota’ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Original Article

MassRoots board resigns; Dietrich reinstated as CEO

News of Marijuana
News of Marijuana

In the latest development in the MassRoots saga, three members of the board of directors have resigned, and former CEO Isaac Dietrich has been reinstated under the terms of a deal struck between the four of them. “I am back at MassRoots,” an elated Dietrich told Marijuana Business Daily on Wednesday afternoon. Dietrich had previously threatened […]

MassRoots board resigns; Dietrich reinstated as CEO is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Original Article

Illinois: Marijuana Legalization Question To Appear On Cook County Primary Ballot

News of Marijuana
News of Marijuana

Good news! I received the following message out of Illinois today. By unanimous vote, the Cook County Board of Commissioners approved placing a question about legalizing marijuana on the county’s March 20, 2018 ballot. Voters who live in the county will see the following question on their primary ballot: “Shall the State […]

The post Illinois: Marijuana Legalization Question To Appear On Cook County Primary Ballot appeared first on Weed News.

Original Article

Washington State Homegrows: Civil Liberties and a Human Right

News of Marijuana
News of Marijuana

On December 9th, 2017, Rick Garza and Joanna Eide of the WSLCB met concerned citizens to discuss the homegrow options and to see how they can assuage the concerns of the Washington patient turned consumer, but if you think about it, the Washington State patient has always been a consumer. […]

The post Washington State Homegrows: Civil Liberties and a Human Right appeared first on Weed News.

Original Article

Fact Check: Chris Christie Claims He Has ‘No Problem’ With Doctor Regulated Marijuana Use

News of Marijuana
News of Marijuana

New Jersey Governor Chris Christie has been a staunch opponent of cannabis reform for a long, long time. Anyone who has followed cannabis politics will be quick to tell you that. And Christie’s hate for cannabis reform is not just limited to adult-use legalization. New Jersey is home to one […]

The post Fact Check: Chris Christie Claims He Has ‘No Problem’ With Doctor Regulated Marijuana Use appeared first on Weed News.

Original Article

World Health Organization gives CBD initial boost, plans to look at cannabis overall

News of Marijuana
News of Marijuana

Cannabis got a big boost from international health authorities Wednesday when the UN’s World Health Organization said that CBD should not be scheduled as a controlled substance, an initial finding that comes about a month after the agency reviewed cannabidiol therapies. The WHO also said that it wants to take a closer look at cannabis […]

World Health Organization gives CBD initial boost, plans to look at cannabis overall is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Original Article

Whoa, Cannabis Business Owner Actually Gets His Seized Assets Back

News of Marijuana
News of Marijuana

In January 2016, James Slatic’s San Diego medical marijuana business, Med-West Distribution, was raided by a narcotics joint task force that destroyed the entrepreneur’s facility and ability to continue serving an extensive patient list. While it’s difficult to calculate exactly how much Slatic lost as a result of the government effectively closing his business, San […]Original Article

Man, nephew plead guilty in conspiracy tied to marijuana dispensary

News of Marijuana
News of Marijuana

Two of three family members who prosecutors say conspired to bribe Detroit officials to allow a medical marijuana dispensary have pleaded guilty.Original Article

Synthetic cannabinoids are not “synthetic marijuana”: What you need to know about Spice and K2

News of Marijuana
News of Marijuana

Street drugs such as Spice and K2 contain synthetic cannabinoids and are touted as fake marijuana. That's a misnomer. What you need to know about the affects on the body, drug tests and more.Original Article