Cannabis

Ohio Voters Go For Legal Marijuana

Published

11 months ago

November 8, 2023

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Joining 23 other states who are reaping in more tax revenue, less illegal drug market and more help for the medically fragile, Ohio voters go for legal marijuana. For the first time, 52% of Americans live in a legal cannabis state. And Pew Research says 90% of citizens believe cannabis should be legal in some form.

According to BDSA, a leading cannabis data analyst firm “despite having only a few years of legal sales under its belt, the Ohio cannabis market has exhibited strong early growth that indicates continued expansion for the future. BDSA projects that Ohio will launch adult-use cannabis in 2025, contributing an estimated $300 million in that year alone.”

Like alcohol, marijuana is popular for with a majority, but unlike alcohol, it has clear medical benefits including a clear alternative pain relief solution from opioids. It has also shown clear promise with PTSD. With 7.5% of Ohio being veterans or their family, this is positive health news.

“Marijuana is no longer a controversial issue,” said Tom Haren, spokesman for the Coalition to Regulate Marijuana Like Alcohol. “Ohioans demonstrated this by passing State Issue 2 in a landslide. Ohioans are being extremely clear on the future they want for our state: adult-use marijuana legal and regulated.”

Ohio Voters Go For Legal Marijuana

As a citizen-initiated statute, the law is subject to change. The GOP Legislature, who opposed the popular move, are able to make changes to the law, or repeal it. It will be interesting to see if elected officials listen to the voting public or prefer to move Ohio to a nanny state like Florida.

Ohio Republican leaders who failed to convince Ohioans that legal marijuana will endanger children, increase traffic accidents and create headaches for employers trying to hire. Senate President Matt Huffman, R-Lima, and House Speaker Jason Stephens, R-Kitts Hill, have indicated the Legislature will look at the new law and make changes.

As with some states, there is still a a hard road ahead, but it looks like, mid-term, voters will get what they requested.

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Cannabis

Can A Gummy Help You Relax

Published

7 hours ago

October 4, 2024

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It is the time of year when things tend to speed up at work, at home, and in politics….but can a gummy help you stop and take a breath?

Politics are dominating the news, more people are back to the office and it seems the work load is heavier. Sometimes you just need a little down time. While marijuana has a reputation of getting stoned, can a gummy help you relax and unwind? Well, science says yes. Gen Z has embraced the trend as they are the first generation to be experiencing anxiety at an alarming rate.

Some people reach for alcohol, a scented candle, or music to relax, but a study at John Hopkins has shown using marijuana at a lower dose can help the body and mind relax.

Tetrahydrocannabinol (THC) is a cannabinoid found in cannabis.^{It is the principal psychoactive constituent of cannabis and one of at least 113 total cannabinoids in the plant. identified in the plant. It interacts with receptors in the brain to produce feelings of relaxation and euphoria. But indulging too much can have a negative impact.}

How To Relax When You Don't Know How — Photo by Haley Phelps via Unsplash.

While more research needs to be done, it is clear from research dosage it a key compartment with marijuana. Gummies tend to have 5-10 mg, a lower amount than in a joint and easier to control than taking several hits off a vape. Microdosing, which has become popular, provides an opportunity to take part of gummies just to smooth the rough edges of the day.

“People use cannabis to help reduce anxiety, depression and post-traumatic stress disorder, but since THC levels vary widely, if a person overshoots their tolerance of THC, cannabis can induce anxiety rather than relieve it,” says study senior author Ryan Vandrey, Ph.D., professor of psychiatry and behavioral sciences at the Johns Hopkins University School of Medicine. “Our study demonstrates d-limonene can modulate the effects of THC in a meaningful way and make THC more tolerable to people using it for both therapeutic and non-therapeutic purposes.”

The research team concluded combining d-limonene with THC significantly reduced subjective indicators/reports of THC-induced anxiety in participants. These reductions were greater as the dose of d-limonene was increased.

Additionally, they saw no interference with THC’s subjective, cognitive or physiological effects when co-administered with d-limonene, as well as no effects from d-limonene alone that differed from the placebo test.

If anxiety is frequent, it is important speak to a health professional to develop a routine for long term help.

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Cannabis

Marijuana Industry Seeks Positive Signs From Candidates

Published

1 day ago

October 3, 2024

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The cannabis has been suffering for the last two years…but do the presidential candidates really care?

The last two years has been brutal for the cannabis industry. Consumer use continues to climb, but the cost of doing business is outpacing the profit. Filled with mainly mom and pop small business owners, it has become tougher and tougher as more and more people consume. But does either political parties care and what are they actually going to do? The marijuana industry seeks positive signs from candidates, and more than just statements, they want sound policy.

Legal states have reaped the benefits of making the plant safely available. ncreased tax revenue, a decreased in youth use, and a variable options for medical marijuana patients from addictive opioids. But the businesses themselves are battling high taxes, no tax benefits, increase in crime and a massive federal restrictions. Even with a growing customer base, hope is dwindling the government will act. And both parties have not been helpful.

Vice President Harris expressed support for legalizing marijuana, speaking publicly about where she stands for the first time she became the Democratic nominee.

“I just think we have come to a point where we have to understand that we need to legalize it and stop criminalizing this behavior,” Harris said during a nearly hourlong interview on the sports and culture podcast “All the Smoke” released Monday.

But what does it mean? Biden promised to help in 2020. The seasoned policy maker waited to the last moment to make the move, and then didn’t push the gas petal. While 2024 looked like a turning point year, nothing will happen. The Drug Enforcement Administration (DEA) postponed their rescheduling announcement to December, after the election and a potential change in priorities, legalization actions, and executive orders.

Walz, as governor of Minnesota, saw the introduction of legal marijuana and how the state’s citizen’s embraced it in large numbers. But recently he shared he believed it should be a “states rights” issue but he still wants to Democrats to win Congress to help SAFE Banking.

The GOP Presidential candidate has given a nod to the industry, but under his previous term, nothing happened. Party leaders including House Speaker Mike Johnson (R-LA) and Senator Mitch McConnell (R-KY) have made it clear they want a regression of marijuana legality. The Senate GOP blocked the SAFER BANKING ACT 7 times. And the chaos over the ousting of Kevin McCarthy as speaker ruined the last big chance before camping started.

It seems all the states want the revenue, but no political leader wants to support the growth of the industry. The industry is just hoping something will hold candidates to their promises.

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Diddy’s Failed Cannabis Investment Saves Industry A Scandal

Published

2 days ago

October 2, 2024

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It is a jaw dropping scandal flooding the news…but the cannabis industry is avoiding it because the big investment deal fell through.

The entertainment industry and the public is general have been shocked by the scandal around Diddy (formerly Puff Daddy, Sean Combs, etc). The tentacles of his being charged at a federal level is making causing X in the music, entertainment, fashion, alcohol and monied worlds…but one industry is breathing a sigh of relief. There is a flood of celebrates who worried they will be pulled down including Ashton Kutcher, actor and Silicon Valley investor, Kevin Hart, Usher, Jay-Z, and more. But Diddy’s failed cannabis investment saves industry a scandal, right as it seems to waiting for good news.

Combs was arrested on Sept. 16 and charged with sex trafficking, racketeering and transportation to engage in prostitution charges. He is depicted as the leader of an alleged criminal enterprise, subjecting women and men to a pattern of physical and sexual abuse, according to federal prosecutors.

Investigators allege over a span of years, Combs would ply victims with narcotics and even resort to violence and intimidation during days-long sex sessions in events called “freak offs”. Big names were at these events and it has people running scared.

Diddy deeply dove into being part of the merge of cannabis companies Cresco Labs Inc. and Columbia Care Inc. They are currently two of the largest cannabis companies and were exploring a joint operations while adding additional investors. Diddy’s $155 million part would have given him a huge foothold into the growing market. His reach, wealth, and connections could have helped the industry. Luckily, in August 2023, the $ merger was terminated, canceling and voiding his deal with them.

But what next? Other people near him have a role in the industry including Jay-Z. He Jay-Z started a $10 million investment for minority-owned cannabis startups. He is the Chief Visionary Officer of TPCO Holding.

Wiz Khalifa, Method Man, and Snoop Dog all have fingers in marijuana. Time will tell how the Diddy indictments plays out for all the players.

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