Cannabis

Will Rescheduling Come In Time To Help The Marijuana Industry

Published

10 months ago

April 25, 2024

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The Biden keeps sort of promising/pushing rescheduling – will be in time to help the industry this year?

The public has turned a corner about marijuana use. Except for a few older members in Congress (Mitch McConnell being one), the majority of the US and Canadians believe cannabis should be legal. The American Medical Association, founded in 1847 and long the platinum standard of medical decision in the US, has declared marijuana has medical benefits. But the older members of the current administration, and most likely Biden himself, are still reluctant to make a move to help patients, people and the industry. The concern is will rescheduling come in time to help the marijuana industry in 2024.

In October of 2022, in order to fulfill a campaign promised to younger voters, the government decided to look at scheduling. Both Health and Human Services (HHS) and the Food and Drug Administration (FDA) did the research and recommended to the Drug Enforcement Agency (DEA) to reschedule it from a dangerous drug to one with health benefits. While the DEA has never not followed their decision, the DEA has been quiet about doing so regarding cannabis. And time has marched on, rumor was it would be declared by the end of 2023, then 4/20, now maybe the end of summer.

And while customers continue to spend on legal weed, the underpinning of of the industry is crumbling with zero tax benefits, onerous decisions and a business stigma. The Vice President mentioned it should move forward and the President tried to take credit during his State of the Union address, but nothing has happened.

A key benefit is rescheduling would allow the industry typical business tax write offs. Currently, businesses which touch the plant can take zero tax deductions, but have the gift of extra business expenses. Rescheduling with give an industry with 50+% mom and pop businesses a chance. A decision will have to be made by the beginning of October to have any sway with young voters for the election, but will be it be too late to help this year? And how many small businesses will be hurt or be forced to close.

In political circles, it is clear while this isn’t a policy wanted by Biden and his team, it is a necessary one to help attracting increasingly distant younger voters. The DC rumor mill says a decision will be made in the fall if a decision is “need” or if they have regained enough ground with young voters.

Lonnie Rosenwald from Zuber Lawler shared “Whether the timing of rescheduling makes a difference depends on the effective date. For example, if the effective date is January 1, 2025, companies could deduct their ordinary and necessary business expenses on their 2025 federal income tax returns.”

“Rescheduling could be retroactive, in which case companies would need to file amended returns claiming deductions for past years quickly enough to avoid the running of the statute of limitations. Finally, if rescheduling is effective in 2024, it should be retroactive to January 1, 2024, regardless of the specific effective date of rescheduling. Companies that overpaid their 2024 taxes in making quarterly payments prior to the effective date of rescheduling would be able to claim deductions for ordinary business expenses for the entire year, and to receive refunds in 2025 for their overpayments.”

The general feel in the industry is the rescheduling decision needs six months of runway to go into effect before the elections. However, there is the potential to skip the interim process and go right to a final ruling and, in theory, this could happen as late as September.

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Cannabis

Can CBD Provide Some Foot Pain Relief

Published

1 week ago

February 13, 2025

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It hobbles millions – but CBD could be step in the right direction for foot pain.

Roughly 75% of people suffer some type of foot pain at some point. But can CBD provide some foot pain relief? Foot pain can be debilitating, affecting daily activities and overall quality of life. Conditions like gout, plantar fasciitis, neuroma, neuropathy, and metatarsalgia are common causes of foot discomfort. While traditional treatments often come with side effects, CBD oil has emerged as a promising alternative for managing foot pain. Here’s why CBD is gaining attention for its potential benefits in alleviating foot-related issues.

RELAETD: Is GERD Helped By Cannabis

CBD, or cannabidiol, is a non-psychoactive compound found in cannabis plants. Unlike THC, CBD does not produce intoxicating effects, making it a safe option for those seeking pain relief without altering their mental state. CBD interacts with the body’s endocannabinoid system (ECS), which plays a crucial role in regulating pain, inflammation, and mood.

CBD has been shown to reduce inflammation, a key factor in many foot pain conditions. By minimizing swelling and redness, CBD can help alleviate discomfort associated with conditions like gout and plantar fasciitis.

CBD’s ability to modulate pain perception makes it effective for managing chronic pain. It can increase levels of anandamide, a compound associated with pain regulation, potentially reducing pain perception.

For conditions like neuropathy, where nerve damage leads to pain, CBD’s neuroprotective qualities can help mitigate symptoms. It may reduce neuropathic pain by interacting with receptors in the nervous system.

CBD products come in various forms, including topical creams, gels, and oils, which can be applied directly to the affected area. This localized application avoids systemic side effects and ensures targeted relief.

While more research is needed to fully understand CBD’s effects on chronic pain, existing studies suggest it is generally safe and well-tolerated. Common side effects are mild and include fatigue, decreased appetite, and dry mouth. The FDA has not approved CBD for pain management, but it is approved for certain epilepsy conditions, indicating its potential therapeutic benefits. As research continues to uncover the full potential of CBD, it may become a valuable tool in the arsenal against foot pain, providing comfort and improving quality of life for many.

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Cannabis

5 Ideas To Have A Fun Single’s Valentine’s Day

Published

1 week ago

February 12, 2025

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Valentine’s Day is considered a big night for couples – but if you are single, it can be tough…here are some ways to make it fun

It is day of love, candy, silliness and more….but for some, it is a tough day emotionally. It is one of the busiest restaurant days and flowers and candy abound everywhere you look. But what if you are single or taking a break for the big night. Just because you are single, doesn’t mean you have to hide, rather it gives the chance to do something special for yourself. Here are 5 ideas on having a fun single’s Valentine’s Day.

Gather your closest and/or your most fun friends and celebrate with a Guy/Galentine’s Day party. This can be a fun way to spend time with people you love and appreciate. You can play games, share snacks, and enjoy each other’s company without the pressure of romantic expectations. It’s a great way to remind yourself that you’re never truly alone on Valentine’s Day.

Treat yourself to a day of pampering. Book a spa appointment or create your own DIY spa day at home with face masks, bubble baths, and your favorite music. Self-care is essential for mental and physical well-being, and Valentine’s Day is the perfect excuse to prioritize it. Whether it’s a relaxing bath or a rejuvenating facial, make sure you feel loved and cared for by yourself.

Chill out with cannabis and let your body relax. Watch a movie or lose yourself in music. marijuana taps into our minds in all sorts of ways, many of which seem to positively influence how we perceive things, including music. It also accesses a special neurotransmitter system, the endocannabinoid system, which regulates appetite, pain, mood and memory. The way the plant activates this system explains a lot of the unique effects. The THC in marijuana can increase dopamine release in the brain’s reward centers, leading to feelings of pleasure and euphoria.

Indulge in hobbies or interests. It can a be a chance to spend time iwth a new or existing activity you love, but might night share with others. Whether it’s gaming, cooking, or learning a new language, stepping out of your comfort zone can be incredibly rewarding. You might discover a new passion or talent, and it’s a great way to keep your day exciting and productive

Sometimes, the best way to celebrate Valentine’s Day is by taking a solo trip or exploring new places in your city. Whether it’s hiking a scenic trail, visiting a local museum, or trying a new restaurant, getting out and experiencing new things can be incredibly liberating. It’s a chance to focus on yourself and enjoy and discover new things.

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Alien Cookies

The Best Marijuana Strains For Valentine’s Day

Published

2 weeks ago

February 12, 2025

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It is the day for lovers and/or friends…make it a little extra special with these love strains.

Friday is Valentine’s Day, one of the most fraught emotional days of the year. It is one of hte business days of hte year for restaurants, second only to Mother’s Day. It is also given rise for singles to celebrate including the new trends of Galentine’s Day.

Candy, chocolate, and sweets are a top choice for Valentine’s Day gifts. In 2018, 63% of consumers bought candy for Valentine’s Day, but this year think outside the heart shaped box. Here are the best marijuana strains for Valentine’s Day. Whether you’re looking to enhance intimacy, boost creativity, or simply relax with your partner, there are numerous marijuana strains which can help set the mood.

When selecting a strain for Valentine’s Day, consider the desired effects and your partner’s preferences. Sativa-dominant strains like Lemonatti and Rainbow can enhance energy and creativity, while indica-leaning strains like Pineapple God and Sugar Black Rose offer relaxation. Balanced hybrids like Cereal Milk and Red Velvet provide a mix of both, making them versatile choices for any romantic evening.

Love Potion

This Sativa-dominant strain is known for its arousing effects. Love Potion enhances focus and energizes the mind, making it perfect for foreplay and deep conversations.

Lemonatti

This sativa-dominant hybrid offers a sophisticated blend of uplifting and relaxing effects, with THC levels ranging from 21-28%. Its energizing properties make it ideal for a lively (wink wink) Valentine’s evening.

Alien Cookies

This hybrid strikes a balance between relaxation and euphoria, creating a cozy atmosphere while setting the mood for connection.

Rainbow

This Uplifting strain has bright and is full of flavor, Rainbow is great for couples seeking a lighthearted, adventurous Valentine’s Day experience.

Pineapple God

This Indica-leaning is perfect for a relaxing evening, offering a stunning visual display of sticky green, pink, and purple buds. If you are spending the evening alone, this can put you in a great mood.

Donny Burger

This Indica is ideal for winding down after a romantic evening, providing full-body relaxation effects perfect for cuddling.

Sugar Black Rose

This Indica offers a deeply relaxing experience with a sweet, fruity aroma, making it a beautiful gift for Valentine’s Day.

GG4 Sherbet FF

This energizing strain boosts energy and creativity, perfect for romantic moments and enhancing intimacy.

Cereal Milk

This balanced hybrid promotes creativity and sensory exploration, with a sweet, dessert-like flavor that pairs well with romantic treats….could be a big winner.

Create a cozy atmosphere with dim lighting and soft music and enjoy the cannabis alongside romantic treats like chocolates or desserts. Avoid alcohol since combining marijuana and booze my not provide the right atmosphere.

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