The Legal Framework of the marijuana industry

Posted by on Sep 10, 2015 in Legalization Medical Marijuana |

Cannabis demands to be taken seriously, particularly by politicians. The legal framework of the marijuana industry is still under development. Cannabis is currently the nation’s fastest-growing business. The legal marijuana industry was responsible for $2.4 billion income in the last 12 months. That amount represents a rise of 74 percent over one year, It is further calculated that the overall legal industry might be worth $11 billion by 2019.

Variance in the legal framework of the marijuana industry

Map of the legal framework of the marijuana industry

The promise of increased tax revenue has been a huge incentive to local authorities during the process of legalization. But there are also many diverse economic benefits from decriminalization, including an opening up of new jobs to deal with the requirements of this new sector. Keeping marijuana either regulated or in the black market ignored any profits from its sale, including the people working to bring in those profits, as it all stayed off the radar. By legalizing marijuana, it has become possible to view more exactly who is working within the industry and how much is being earned.

An impediment for the marijuana industry could be labeled “normalization.” The permitted use of recreational marijuana is now a daily event in four states. When the national Prohibition of alcohol was removed, the laws on alcohol were changed state by state (and sometimes county by county). The country was left with a mishmash of laws and it was not until 1966, in the state of Mississippi, before the last prohibition law was repealed.

Colorado was the first state to officially permit the legal retail sale of marijuana. In January of last year, everyone and especially the federal government, observed attentively as business owners, growers, and consumers were freed from the black market and the medical dispensaries in the welcome move towards this new state of play. A year previously, it was thought that Colorado would become a lawless state, however, this has proven to be far from reality and things move smoothly along.

Problems with the Legal Framework

Marijuana legality poll

Changes in attitude to the use of marijuana

Marijuana legislation is something that’s brand new to everyone and that includes lawmakers. The reality of the matter is, the procedure for legalizing marijuana is unprecedented. Try and think of a similar instance in which a material or substance that was considered dangerous for some time and has been demonized and then suddenly floods the open market. It’s challenging to come up with one. With that in mind, lawmakers will make mistakes along with legislation itself, whether it be in Colorado, Washington, Oregon, or elsewhere, it remains at present work in progress. There’s a lot of room for mistake, from tax rates to business licensing. Legislators have a lot on their plates, but then again, this is the reason why the states in many cases are described as ‘laboratories of democracy’. So, what problems are we specifically seeing? They mostly relate to taxation and supply, as the markets are brand new.

People will soon be leading and the leaders will need to follow.

Read More

The 10 Most Common Addictions in the US

Posted by on Aug 22, 2015 in Legalization Medical Marijuana, Marijuana World News, Medical Marijuana Rules |

  1. Tobacco (nicotine)

Even though this addiction doesn’t seem to be as harmful compared to others, it is damaging and its effects are visible after long substance abuse. The problem with this addiction is that tobacco is legal, easily accessible and inexpensive. More tobacco users die compared to abusers of other substances. A clear sign of addiction is a smoker who wants to quit, knowing what it does to his or her health, but just can’t stop. Over 40 million people are addicted to tobacco, making it number one in the 10 most common addictions in the US.

  1. Alcohol

This addiction has 18 million addicts, and is difficult to recognize, since there are so many situations in which it is socially acceptable to drink. Abusing alcohol may lead to a lot of health issues and it may be fatal. Negative consequences include death due to liver disease, overdose, and of course drunk driving, which puts others in danger.

  1. Marijuana

medical cannabis

Even though studies show that marijuana is beneficial for certain medical conditions, leading to increased legalization, the fact remains that abusing this substance will cause addiction and some health problems. Monitored use, specifically to ease a medical condition can also be addictive, but rarely. However, recreational use may lead to addiction, and there are 4.2 million addicts.

  1. Painkillers

Painkillers such as Oxycontin and Vicodin are often prescribed for pain treatment, but this doesn’t mean they aren’t addictive. Addiction can be caused even from small doses, leaving the addicted patients unaware of the addiction until they finally stop using them. There are 1.8 million people addicted.

  1. Cocaine

Over the past few years there has been a decline in the rate of cocaine addiction (821,000), but the drop is slow. The most commonly abused form is crack cocaine, because it’s cheaper and stronger than regular cocaine.

  1. Heroin

Unlike cocaine, there has been an increase (426,000) in heroin abuse in the US. The major concern about this substance abuse is spreading diseases such as HIV and AIDS because it is not uncommon for addicts to share needles. Furthermore, the withdrawal is difficult as well, and treatment can take a long time, and include therapy and medication.

  1. Benzodiazepines

Drugs such as Diazepam ad Valium are prescribed to manage anxiety and stress. These mood-regulating drugs can often cause addiction and users aren’t always aware at first, until they realize they aren’t capable of functioning normally without the drugs. Without medical assistance, detoxification can be deadly, and they can be harmful for the brain, affecting its chemical makeup. Around 400,000 addicted.

  1. Stimulants

Drugs that fall under this category are highly addictive, and withdrawal symptoms are intense, which makes it difficult to quit. They can quickly build a tolerance to the “high”, which often leads to increased dosages and ultimately an overdose. There are 400,000 addicts.

  1. Inhalants

Being addicted to inhalants is very dangerous because they are volatile toxic substances, and the effects are intense, often having immediate consequences, such as nausea, fainting, hospitalization and death. The number of addicts is 140,000.

  1. Sedatives (barbiturates)

These are usually prescribed to treat tension and sleep disorders, but the problem is that constant use will build a tolerance that will further lead to an increase in dosage, ultimately leading to addiction. They can have mind-altering effects and an overdose can be deadly. There are 78,000 people addicted.

Read More