Cannabis News
Former Minnesota Governor Jesse Ventura Starts Cannabis Brand
Published
8 months agoon
By
admin
Former Minnesota Governor and ex-professional wrestler Jesse Ventura is the latest celebrity to start a cannabis brand. Ventura served as Governor of the Land of 10,000 Lakes from 1999 to 2003. One could say that no other Governor serving during the late ’90’s or early 2000’s had quite the extensive background in variously different forms of popular entertainment as Ventura, with the exception of a certain former bodybuilder from Austria and “Governor-nator” from California. Fun fact, both of those former Governors starred in the 1987 action blockbuster Predator.
Celebrities and cannabis ventures
Celebrities have been putting their hats into the further mainstream cannabis industry in droves by starting cannabis ventures, to greatly varying degrees of success. Some award-receiving cannabis brands such as Willie’s Reserve (by country music legend Willie Nelson) have become mainstays at dispensaries across the states. Legendary hip-hop artists and cannabis connoisseurs Snoop Dogg and Wiz Khalifa have each had multiple forays into the billion-dollar industry of their favorite plant. Athletes like Mike Tyson, who created the wildly popular Tyson 2.0 cannabis brand, have also found success in the space.
Jesse Ventura: a diverse background
Long before Ventura became politically involved, he served in the United States Navy Underwater Demolition Team during the Vietnam War. After leaving the military, Ventura became a full-patched member of the Mongols Motorcycle Club in the early 1970’s. After leaving the bike club and attending North Hennepin Community College near his hometown of Minneapolis, Ventura served as a bodyguard for some of music’s greatest bands of the era, including The Rolling Stones and Grateful Dead.
Starting in 1975, Ventura began a career in professional wrestling that would see him win numerous championships across multiple promotions. He wrestled in memorable matches with some of professional wrestling’s greatest legends, from Cowboy Bob Orton to Macho Man Randy Savage and arguably the most famous wrestler of all time, none other than Hulk Hogan. After he retired from fighting in the squared circle, Ventura served as an animated, sometimes controversial commentator for both the WCW and the WWF, the two biggest wrestling promotions at the time.
Ventura’s political career and advocacy
While he was still serving as a wrestling color commentator, Ventura decided to begin his foray into politics that would eventually span over a decade and lead him to the highest seat in Minnesota politics. For his very first election, Ventura ran as an independent candidate in the 1991 mayoral election of Brooklyn Park, Minnesota, where he not only won but beat the 18-year incumbent candidate. Running on a platform of “fiscally conservative and socially liberal”, Ventura might be considered either centrist or possibly even libertarian by today’s standards. He was vehemently against overspending and unnecessary taxes, but he supported drug sentencing reform and admitted on numerous occasions that the Drug War was a failure. He was a proponent for education reform and Second Amendment rights, while also supporting cannabis legalization and gay rights including marriage (this was at a time when both the majority of Republicans and even Democrats disapproved of same-sex marriage).
In the 1998 Minnesota gubernatorial election, Ventura made political history as one of the first third-party candidates to win such an important election, beating out career lawyers and politicians. During his tenure, Ventura operated on a platform that criticized the decisions of both parties, such as a lack of quality mass transit systems and condemning the previously held embargo on all Cuban products in 2002.
Cannabis advocacy and legalization
His most recent newsworthy event came in February of 2023 where he attended a Senate Environment, Climate and Legacy Committee meeting and passionately recounted the story of how cannabis saved his wife’s life from a debilitating seizure condition after four anti-seizure medications failed to do so. Despite cannabis being illegal in Minnesota at the time, the former governor knowingly broke the law to provide cannabis to his wife.
“Cannabis saved my life. Let that sink in. Not me personally, but the 38th first lady of Minnesota. And if I get choked up a little, bear with me. My wife took the first three drops under the tongue and has not had a seizure since. None. Marijuana cannabis stopped the seizures.” he told a Minnesota Senate committee.
Ventura’s entry into the cannabis industry
Ventura’s testimony was clearly moving, as the former governor stood next to current Minnesota Governor Tim Walz when Walz signed House Bill 100 in May 2023, which legalized recreational cannabis for the state. Since then, Ventura has decided to enter into the newly legal Minnesota cannabis industry with the Jesse Ventura Farms brand in partnership with local cannabis company Retro Bakery.
“I can’t tell you how truly amazing this feels,” Ventura said in a blog post. “To finally be able to legally share with you, products from a plant that has had such an amazing impact on my life. Not to mention the historical significance of being the first U.S. Governor to officially put his name on a cannabis brand. Each step brings us closer to finally ending this tragic and dangerous war on drugs. Cannabis saved my family’s life.”
Although he’s sticking to only federally legal hemp-derived products for now, Ventura still fully supports cannabis reform to all extents. The products come in multiple forms too, from Maui Wowie Gummies to chocolates. And with a launch party scheduled for 4/20 at a local Minneapolis dispensary, the former Governor is showing his continued support for the newly legalized industry that’s on track to reach over $1 billion in annual sales in just a couple years.
Even as the Minnesota cannabis industry expands into a several hundred million-dollar industry, Ventura will undoubtedly use his platform and public advocacy for the plant that saved his family’s lives for the betterment of the health of Minnesotans. Ventura’s entry into the market signifies a significant moment in the state’s history and reflects a broader shift in societal perceptions of cannabis.
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FDA Approves Landmark Clinical Trial for Veterans with PTSD and Smoking Cannabis
Published
3 days agoon
December 3, 2024By
admin
For decades, veterans and civilians alike have turned to cannabis to manage their PTSD symptoms, often finding relief where traditional pharmaceuticals fell short. Walk into any VA hospital, and you’ll likely find patients being prescribed a cocktail of medications – SSRIs like sertraline and paroxetine, anti-anxiety drugs like alprazolam, sleep aids like zolpidem, and sometimes even antipsychotics. Yet many vets report these medications leave them feeling like zombies, trading one set of problems for another.
As someone who’s been following cannabis policy for years, I’ve watched countless researchers bang their heads against the wall trying to study this plant’s potential for PTSD treatment. The roadblocks have been numerous and, frankly, ridiculous. Despite overwhelming anecdotal evidence and desperate pleas from the veteran community, getting approval for clinical trials involving smokable cannabis has been about as easy as teaching a cat to swim – theoretically possible, but practically impossible.
That’s why the FDA’s recent approval of a landmark clinical trial has caught my attention. After three years of back-and-forth negotiations, the Multidisciplinary Association for Psychedelic Studies (MAPS) finally got the green light to conduct a Phase 2 study examining smoked cannabis for PTSD in veterans. This isn’t just another sterile laboratory experiment – it’s designed to reflect real-world usage patterns, something we’ve desperately needed in cannabis research.
In this article, we’ll dive deep into what this study means for veterans, the cannabis community, and the future of federal legalization. We’ll explore why this research is groundbreaking, how it might reshape our understanding of cannabis as medicine, and what it could mean for the millions of Americans living with PTSD.
Let’s dive into what makes this study so groundbreaking. MAPS isn’t just dipping their toes in the water – they’re diving in headfirst with a comprehensive Phase 2 clinical trial involving 320 veterans suffering from moderate to severe PTSD. What makes this study particularly fascinating is its focus on “real-world” cannabis use, allowing participants to self-titrate their dosage of high-THC flower within certain limits.
Now, for those who aren’t familiar with the FDA’s clinical trial phases, let me break it down. Phase 1 typically focuses on safety and involves a small group of people. Phase 2 – where this study sits – is where things get interesting. It’s designed to test both effectiveness and side effects, involving a larger group of participants. If successful, Phase 3 would follow with an even larger group, and finally, Phase 4 would monitor long-term safety after FDA approval.
The fact that this study reached Phase 2 is a big deal, folks. It means we’ve cleared the initial safety hurdles and are moving into territory that could actually influence medical policy. But what really sets this research apart is its focus on smokable flower. This wasn’t an easy win – MAPS had to fight through five partial clinical hold letters from the FDA just to get here.
Why does the smoking aspect matter so much? Well, think about it – most FDA-approved medications come in neat little pills or carefully measured doses. Smoking cannabis? That’s been a major sticking point for regulatory agencies. By including smoking as a delivery method, this study acknowledges how most veterans actually use cannabis in the real world. No fancy pharmaceutical extracts or synthetic compounds – just the plant in its most basic, smokable form.
The implications here are huge. If this study demonstrates positive results, it could fundamentally change how we approach cannabis as medicine. It might force regulatory bodies to reconsider their stance on smokable cannabis, potentially opening doors for more research and eventual federal approval of whole-plant medicine. This could be particularly significant for veterans, who often prefer smoking or vaping cannabis for its rapid onset and ease of dose control.
But perhaps most importantly, this study could provide the hard scientific evidence we’ve been missing. While thousands of veterans have testified about cannabis helping their PTSD, the lack of controlled clinical trials has been a major roadblock in changing federal policy. A successful outcome here could be the wedge we need to finally crack open the door to federal legalization.
Of course, we shouldn’t count our chickens before they hatch. Clinical trials are complex beasts, and there’s still a long road ahead. But for the first time in a long while, I’m feeling optimistic about the direction we’re heading. This study could be the game-changer we’ve been waiting for in the fight for cannabis legitimacy.
Let’s talk about PTSD – a condition that affects roughly 12 million American adults annually. That’s more people than the entire population of New York City, folks. Post-Traumatic Stress Disorder isn’t just about being scared or anxious; it’s a complex psychological condition where traumatic experiences get stuck in an endless replay loop, like a scratched record that keeps skipping back to the same devastating track.
But here’s where cannabis enters the picture, and it’s fascinating how it works. Our endocannabinoid system plays a crucial role in how we process and store memories, particularly emotional ones. When someone consumes cannabis, it can help disrupt those stubborn neural pathways that keep trauma loops running. Think of it like hitting the pause button on a horror movie that’s been playing on repeat in someone’s head.
However – and this is crucial – cannabis isn’t a magic eraser for trauma. I’ve spoken with countless veterans who use cannabis, and they’re the first to tell you: the plant helps manage symptoms, but it doesn’t “cure” PTSD. Real healing requires doing the hard work of processing and integrating traumatic experiences. Cannabis is more like a helpful companion on that journey rather than the destination itself.
What makes cannabis particularly interesting in PTSD treatment is its ability to increase neuroplasticity – the brain’s ability to form new neural connections and reorganize existing ones. This is where the real magic happens. When someone’s brain becomes more “plastic,” they’re better equipped to process traumatic memories and potentially create new, healthier neural pathways.
Speaking of neuroplasticity, we can’t ignore the elephant in the room – psilocybin. Recent studies have shown remarkable promise in treating PTSD with psilocybin-assisted therapy, often producing profound and lasting changes in just a few sessions. The fact that both cannabis and psilocybin increase neuroplasticity while offering different therapeutic approaches suggests we might be onto something big in trauma treatment.
What drives me crazy is how long it’s taken to get here. We’ve known about cannabis’s potential benefits for PTSD for decades. Veterans have been telling us. Trauma survivors have been telling us. Heck, even some forward-thinking psychiatrists have been telling us. Yet we’re only now getting around to serious clinical research? It’s a testament to how prohibition hasn’t just restricted access to cannabis – it’s actively delayed our understanding of this plant’s therapeutic potential.
But hey, better late than never, right? As we move forward with studies like the MAPS trial, we’re finally starting to piece together the scientific puzzle that veterans and other PTSD survivors have known about all along. Cannabis isn’t just helping them sleep better or feel calmer – it’s potentially giving them the neurological flexibility they need to process and integrate their trauma in a healthy way.
Like most things in the cannabis reform movement, progress moves at a snail’s pace. But as frustrating as it might be, we’re undeniably moving forward. The FDA’s approval of this MAPS study, focusing on smokable cannabis no less, marks a significant shift in how our regulatory bodies view cannabis research.
The beauty of this study lies in its real-world approach. No artificial laboratory settings or synthetic cannabinoids – just veterans using cannabis the way they already do. This authenticity could provide invaluable data about how cannabis actually functions as a medicine in everyday life, not just in theory.
Let’s be real though – regardless of what this study finds, veterans and others suffering from PTSD who’ve found relief with cannabis aren’t going to stop using it. The plant has been their lifeline when traditional pharmaceuticals failed them. But positive findings could open doors for countless others who might benefit from cannabis but have been hesitant due to its federal status or lack of clinical validation.
This is particularly crucial for our veteran community. With veteran suicide rates remaining tragically high – averaging around 17 deaths per day – we desperately need more treatment options. It’s no coincidence that veteran groups have been among the loudest voices calling for cannabis research and reform. They’ve seen firsthand how this plant can offer hope where traditional treatments have fallen short.
As we await the results of this groundbreaking study, I remain cautiously optimistic. Sure, progress is slower than we’d like, but each step forward brings us closer to a future where veterans and others with PTSD can access the medicine they need without stigma or legal barriers. And for the countless individuals struggling with PTSD, that future can’t come soon enough.
Source:
www.marijuanamoment.net/fda-approves-long-awaited-clinical-trial-of-smoked-marijuana-to-treat-ptsd-in-veterans/
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Cannabis News
Oregon Cannabis: Get Your OLCC Renewal or New Application in Before December 5th
Published
3 days agoon
December 3, 2024By
admin
As of this Thursday, December 5th, Ballot Measure 119 requires all OLCC licensed retailers, processors and labs to provide a signed labor peace agreement (LPA) with a bona fide labor organization, to renew or apply for an OLCC license.
In the totally avoidable, unduly compressed timeline since BM 119 passed, we have been advising our Oregon cannabis clients to renew their license applications ahead of the December 5th deadline if possible. Same deal for new applicants– get everything in before the deadline. This will allow qualifying businesses to avoid the LPA issue for another year (or maybe forever, if the courts get ahold of BM 119).
OLCC marijuana licensees are required to renew their licenses annually. Licensees are notified 90 days prior to their license expiration date that it’s time for license renewal. According to my wizard paralegal, this notice automatically posts in CAMP, which is the OLCC’s online licensing software. Specifically, a licensee will receive an “Actions Required” notification on their dashboard.
OLCC has confirmed that licenses set to expire after December 5th, will not require an LPA submission until the following year’s renewal, provided that the license has been renewed prior to the December 5th deadline. Same deal with any new license applicant. To that point, OLCC’s most recent BM 119 Bulletin is here. It answers some basic questions and contains no surprises.
OLCC also recently published its Labor Peace Agreement Attestation Form. This is a form that applicants may submit in lieu of actually filing their LPA with the Commission. Somebody asked me what the repercussions might be if they were to submit this form without having a signed LPA in place. The short answer is “don’t do that.” The longer answer is that there are many administrative rules dealing with “false statements”, “material false statements” and the submission of “false or misleading information” to OLCC. License revocation or non-renewal is a real possibility there.
For more information on this topic, the Cannabis Industry Alliance of Oregon has a guide here, and has been sending out helpful emails on its listserv (you can sign up for those here). The relevant OLCC materials are linked above, and I’ll provide links to our previous posts on this topic just below. For now, get those license renewals and applications in!
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Cannabis News
Trump is a Businessman, He Will Legalize and Tax Marijuana
Published
3 days agoon
December 3, 2024By
admin
The two biggest reasons why Trump supporters have said that Trump supports legalization is that he is a businessman and will legalize cannabis and tax it at the Federal level, and that since he will not be up for re-election in 4 years, he will legalize it and not worry about the pushback. Both are terrible reasons because the US government already makes $2.5 billion a year (and growing!) by keeping the 280E tax code in place for cannabis businesses, and since he isn’t running for re-election means he has no incentive to come back to the middle or please Democrats on the weed issue.
Also, taxes are the #1 killer of the legal weed industry right now, so adding a Federal tax to the consumers’ bill will just push more people to the illicit and gray markets.
How bad are taxes in the weed industry you may ask?
The legalization of marijuana has ushered in a new era of cannabis consumption, transforming it from an illicit substance into a mainstream product. As states across the U.S. and countries around the world embrace this change, they are also capitalizing on the opportunity to generate significant tax revenue. However, while the legalization of marijuana has many benefits—including increased access, reduced criminalization, and economic growth—there is a hidden cost that consumers often overlook: the heavy taxation on legal weed. This article delves into the complexities of marijuana taxes, how they impact consumers, and why they may be hitting your wallet harder than you think.
The Landscape of Legal Marijuana
A Brief History of Marijuana Legalization
The journey toward marijuana legalization has been a long and winding road. In the United States, the movement gained momentum in the late 20th century, with California becoming the first state to legalize medical marijuana in 1996. Since then, more states have followed suit, with Colorado and Washington leading the way in 2012 by legalizing recreational use.
As of now, over 20 states have legalized recreational marijuana, while many others allow medical use. This shift has not only changed public perception but also created a new market that states are eager to tax.
The Economic Boom
Legalizing marijuana has proven to be an economic boon for many states. According to reports from various state governments, cannabis sales have generated billions in revenue. For instance, Colorado reported over $2 billion in sales in 2020 alone, contributing more than $387 million in tax revenue to state coffers. These funds are often earmarked for education, infrastructure, and public health programs—benefiting communities and justifying the high tax rates.
Understanding Marijuana Taxes
Types of Taxes Imposed on Cannabis
Marijuana taxes can be categorized into several types:
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Excise Taxes: These are taxes imposed on specific goods and services. In many states where marijuana is legal, excise taxes are levied on cannabis sales at both the wholesale and retail levels. Rates can vary significantly; for example, California imposes a 15% excise tax on retail sales.
Variability Across States
The structure and rates of marijuana taxes vary widely from state to state:
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California: A combination of a 15% excise tax and local sales taxes can lead to total taxes exceeding 30%.
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Colorado: Recreational marijuana is subject to a 15% excise tax plus a 2.9% state sales tax and local taxes that can add up to another 5%.
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Illinois: The state has one of the highest cannabis tax rates in the nation, with recreational marijuana taxed at rates ranging from 10% to 25%, depending on the potency.
This variability creates confusion among consumers and can lead to significant price differences between states.
The Impact on Consumers
The most immediate effect of these taxes is the increased cost of legal marijuana products. Consumers may find themselves paying significantly more for legal weed compared to what they would pay for illicit products. For example:
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A gram of cannabis that might cost $10 on the black market could cost upwards of $15 or more in a legal dispensary due to taxes.
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For consumers who regularly purchase cannabis for medical or recreational use, these additional costs can add up quickly.
Disparities Between Medical and Recreational Use
In many states, medical marijuana patients benefit from lower tax rates compared to recreational users. This disparity raises questions about equity within the legal cannabis market:
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Patients often rely on cannabis for therapeutic reasons and may struggle with higher prices due to taxation.
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Some states exempt medical marijuana from certain taxes entirely or offer reduced rates, but this is not universal.
The Psychological Effect of Pricing
The psychological impact of pricing cannot be underestimated. Higher prices driven by taxes may discourage some consumers from purchasing legal cannabis altogether:
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Consumers may revert to purchasing from illegal sources where prices are lower.
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This undermines one of the primary goals of legalization: reducing illegal drug trade and its associated harms.
The Economic Implications
Impact on Small Businesses
While large corporations often dominate the legal cannabis market, small businesses play a crucial role as well. High taxation can create barriers for small dispensaries and growers:
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Smaller businesses may struggle to compete with larger companies that can absorb costs more effectively.
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High operating costs due to taxation can lead small businesses to raise prices further or limit their product offerings.
Job Creation vs. Tax Burden
Legalizing marijuana has created jobs across various sectors—from cultivation and retail to distribution and marketing. However, if consumer demand declines due to high prices caused by taxation:
The Future of Marijuana Taxation
As more states consider legalization or reevaluate their existing frameworks, there is potential for changes in how marijuana is taxed:
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Some lawmakers are advocating for lower tax rates as a way to encourage consumer participation in the legal market.
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Others argue that maintaining high taxes is necessary for funding public services and addressing social equity issues related to past drug enforcement practices.
The Role of Federal Legislation
Currently, marijuana remains classified as a Schedule I substance under federal law, complicating taxation at that level:
Conclusion
The hidden costs associated with marijuana taxation are significant and multifaceted, presenting both challenges and opportunities. While these taxes generate essential revenue for public services and help regulate an emerging industry, they also impose financial burdens on consumers that can deter participation in the legal market. As legalization expands globally, it is crucial for lawmakers to find a balance between generating revenue and ensuring accessibility for all consumers. By recognizing these hidden costs, consumers can make informed decisions about their cannabis purchases and advocate for fairer tax policies that promote equity within this burgeoning industry. Ultimately, while legal cannabis offers numerous benefits—from improved public health outcomes to enhanced economic opportunities—the taxes associated with it pose a complex challenge that demands careful consideration from both policymakers and consumers. Moving forward into this new era of cannabis consumption, transparency regarding these costs will be essential in shaping a fairer and more equitable market for all stakeholders involved.
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