Monthly Archives: September 2018

The Top 12 Canadian Pot Stocks

These 12 stocks are where canna-investors should place their bets. Each company is a licensed producer (LP) of cannabis in Canada.

1. Canopy Growth (TSE: WEED)

Market cap: $14.5 billion; owns Ontario-based LP, Tweed; with it’s recent $4 billion investment, Constellations Brands, whose stable of alcohol companies includes Corona and Mondavi, now owns 38% of Canopy.

2. Aurora Cannabis (OTC: ACBFF)

Market cap: $7.3 billion; Alberta-based LP also owns Ontario-based LP, MedRelief Corp. as well as subsidiaries CannaMed and Hempco Food and Fiber; on Sept. 17, it was reported that Coca-Cola had contacted Aurora about launching a CBD soft drink in Canada.

3. Tilray Inc. (NASDAQ: TLRY)

Market cap: $10.2 billion; owns the British Columbia-based LP; on Sept. 17, it was reported that the DEA will begin to import cannabis from Tilray for research purposes.

New US Border Policy Barring Canadians Involved In Legal Marijuana Market

NORML staff today responded to reports that the US Customs and Border Protection Agency will enforce a federal policy denying entry into the United States any individual involved Canada’s burgeoning marijuana market. Under the policy, US officials are to bar entry to Canadians who acknowledge having consumed marijuana at any time in their past, as well as those who are either employed or invested in legal cannabis enterprises.

Canada legalized the regulated production and distribution of medical cannabis in 2,000. In June of this year, Canadian lawmakers gave final approval to separate legislation regulating the adult use marijuana market. The new law takes effect on October 17, 2018.

“This is an irrational and discriminatory policy that unduly penalizes tens of thousands of Canadians who pose no health or safety risk to the United States. Let’s be clear: these are people engaged in activity that is legal in their home country of Canada — and it is activity that is also legally regulated in a majority of US states,” NORML Deputy Director Paul Armentano said. “Further, to inappropriately classify those who are either employed or simply have invested in the Canadian cannabis industry, an industry that has been legal in Canada for well over a decade already, as drug traffickers fails to pass the smell test.”

He added, “At a time when public opinion and the culture around marijuana is rapidly shifting, not just in the US but around the world,

Weekly Legislative Roundup 9/14/18

Welcome to the latest edition of NORML’s Weekly Legislative Roundup!

The U.S. House Judiciary Committee approved legislation (HR 5634: The Medical Cannabis Research Act of 2018) to facilitate federally-approved clinical trials assessing the efficacy of whole-plant cannabis. The vote marks the first time that lawmakers have ever decided in favor of easing existing federal restrictions which limit investigators ability to clinically study marijuana in a manner similar to other controlled substances.

On the other hand, a congressional conference committee opted not to include a Senate-passed provision in a bill to fund the U.S. Department of Veterans Affairs. The measure is known as the Veterans Equal Access Amendment, which sought to facilitate veterans’ access to medical cannabis in jurisdictions that regulate it.

Also, U.S. Senator Dianne Feinstein (D-CA), one of Congress’s more ardent drug warriors—signed on as a cosponsor of the STATES Act, to remove the threat of federal intervention and prosecution in states that regulate marijuana use and sales.

At the state level, New Mexico’s health secretary approved adding obstructive sleep apnea as a medical cannabis qualifying condition, but rejected adding opioid addiction, muscular dystrophy, Tourette’s syndrome, eczema and psoriasis. Separately, regulators are holding a series of public meeting next month to receive feedback on proposed hemp rules.

Vermont’s marijuana legalization study committee held a meeting. And California Gov. Jerry Brown (D) signed a bill prohibiting the marketing of cannabis products on websites used by minors.

At a more local …

Justice for Botham: Law Enforcement and Media Attempt to Slander Murder Victim Over Marijuana

After the murder of Botham Jean by Dallas Police Officer Amber Guyger, in his own home, some, but not all, of the search warrants that were executed were released to public record. One of which, that was released the same day as Botham Jean’s funeral, listed a small amount of marijuana among the items found in Jean’s apartment.

Commenting on the developments, NORML Executive Director Erik Altieri stated:

“The release of a Dallas police affidavit into the public record regarding marijuana found in Botham Jean’s apartment is nothing more than an attempt by law enforcement and the media to posthumously criminalize and cast aspersions on a man who by all accounts is guilty of nothing other than sitting quietly in his own home. Over half of all Americans have consumed marijuana at some point in their lives and to pretend in any way the possession of a plant that is objectively safer than alcohol or tobacco provides legitimacy to his extrajudicial execution is disgusting and egregious. Whether or not the victim possessed marijuana is irrelevant to the case and a sad attempt to slander an otherwise innocent person. Botham Jean and his family need and deserve justice, not a pathetic attempt at a smear campaign.”

You can read more about this developing situation here and here.

Source: http://blog.norml.org/2018/09/14/justice-for-botham-law-enforcement-and-media-attempt-to-slander-murder-victim-over-marijuana/…

Tick Segerblom on Nevada Legalization: ‘It’s a Work in Progress’

Nevada State Senator Richard “Tick” Segerblom descends from a long line of legislators. In November, he’s running for a spot on the Clark County Commission. Segerblom, who’s also an attorney, was instrumental in getting marijuana legalized in the Silver State and continues to monitor developments. He’s also a member of Freedom Leaf’s board of directors.

Was it inevitable that you would go into politics?

I’m a fourth-generation Nevada legislator. My great-grandfather was a state senator from Winnemucca, my grandmother was an assemblywoman from Winnemucca and my mother was an assemblywoman from Boulder City, so I’d say it was inevitable that I would try to serve to keep the streak going. Seriously, I had a keen interest from early on because I saw how government could have a very positive role in a community and be a force for good. I got my first chance working for Jimmy Carter’s administration and never looked back.

You’ve been a member of the Nevada legislature since 2007. What have been your greatest accomplishments?

There are many bills I’m proud to have signed onto, including increased education funding and greater worker protections. I’m especially proud of working with other legislators to create the state’s first workable medical marijuana framework in 2013 and then working to improve that system in 2015 and 2017. We’ve come a very long way since voters first put the right to medical marijuana in the state’s constitution in 2000.

You supported

Kentucky NORML Newsletter for September 2018

State News:

On Sept. 7th, 2018, the Interim Joint Judiciary Committee held a meeting to discuss medical marijuana and the bill being proposed by Rep. Nemes (R-), Rep. St. Onge (R-), Rep. Hart (R-) and Rep Sims (D-). They discussed their bill and invited Louisville resident Cassie Everett and her family to speak at the event. Link to article Link

Kentucky Farmers Find Hemp More Profitable Than Tobacco. Link to article

McLean Businessman Among State-Approved Cannabis Growers Link to article

Rep. Jason Nemes, R-Louisville, presents information on proposed legislation on medical marijuana for the 2019 Regular Session of the General Assembly during the Interim Joint Committee on Licensing, Occupations, and Administrative Regulations. Link to article

National News:

A Rare Moment of Bi-Partisan Agreement is Underway for Sen. McConnell Sponsored “Hemp Farming Act” (Link to article).

Upcoming Events:

September 14th – Licensing, Occupations, & Administrative Regulations – 10 am – The Capitol, Frankfort, KY

September 18th – KY NORML General Meeting –  One Love Hemp Dispensary, 1908 Bardstown Rd., Louisville, KY 40205. Meeting from 5:30 PM – 6:30 PM.Ice Cream Social Put on by Cozmic Gardens from 5 PM – 6:30 PM.

A Province-By-Province Look At Recreational Cannabis In Canada

Federal recreational reform is coming to Canada next month, the second country after Uruguay to take the plunge. For the first time in almost a century, in other words, cannabis is now about to be legal again.

The federal government will license and regulate the industry. However each province and territory (analogous to American states) will set the rules on distribution and sales. As a result, there is quite a bit of difference across the country with implications both for licensed producers (LPs) and consumers.

A quick guide to the general Canadian regulations broken down by Province.

Who Can Buy, Sell and Grow?

With two exceptions, the legal age of consent is 19, home growing of up to 4 plants is allowed across many provinces (with only Quebec, Manitoba and Nunavut banning the practice), and rules vary by province on both public and private consumption.

However what the industry is really looking at right now is where private enterprise will be allowed to flourish at the retail end of the industry. Private retailers will be allowed to operate in 7 provinces and territories where they will compete with government run outlets. In New Brunswick, Nova Scotia, Ontario, Prince Edward Island, Quebec and the Yukon, consumers will be required to shop in only government-run establishments.

Nunavut, with no licensed producers, will allow online sales only, even in a recreational market. This gives Tilray an instant advantage with their established online …

Congressional Committee Approves Legislation To Facilitate Clinical Cannabis Research

Members of the House Judiciary Committee voted today in favor of legislation (HR 5634: The Medical Cannabis Research Act of 2018) to facilitate federally-approved clinical trials assessing the efficacy of whole-plant cannabis. The vote marks the first time that lawmakers have ever decided in favor of easing existing federal restrictions which limit investigators ability to clinically study marijuana in a manner similar to other controlled substances.

“The federal hurdles in place that currently discourage clinicians from engaging in clinical cannabis research have long been onerous and irrational,” NORML Deputy Director Paul Armentano said. “It is high time that lawmakers recognize this problem and take action to amend it so that investigators may conduct the same sort of high-quality clinical research with cannabis that they do with other substances.”

Currently, federal regulations mandate that investigators participating in FDA-approved clinical trials involving cannabis must obtain marijuana from a single, federally-licensed source, the University of Mississippi. However, many of those familiar with their product have criticized its quality, opining that it possesses subpar potency, is often poorly manicured, and that it does not accurately reflect the wide variety of cannabis products and strains available to consumers.

As the result of a lawsuit, DEA Administrative Law Judge Mary Ellen Bittner in 2007 ruled that expanding the pool of federally licensed providers would be “in the public interest.” The agency ultimately rejected that decision. In 2016, the DEA publicly changed its stance and 

NORML Endorses Michigan’s Proposal 1

The National Organization for the Reform of Marijuana Laws (NORML) is pleased to endorse Proposal 1: The Michigan Regulation and Taxation of Marihuana Act, which will appear on November’s electoral ballot.

The initiative permits those over the age of 21 to possess and grow personal use quantities of cannabis and related concentrates, while also licensing activities related to commercial marijuana production and retail marijuana sales.

“NORML endorses Proposal 1 because it will bring an end to the criminal arrest and prosecution of tens of thousands of adults annually, while generating new economic and tax revenue for the state of Michigan,” said NORML Political Director Justin Strekal. “Voters in recent years have consistently voted ‘yes’ on these types of adult use ballot measures, and we believe that Michigan’s voters will similar embrace this common-sense proposal.”

Over 56 percent of likely voters say they back the passage of Proposal 1, according to polling data released this week by The Detroit News. Among voters between the ages of 18 and 39, over 70 percent support the ballot initiative.

If enacted by voters this November, Michigan will become the tenth US state to regulate adult marijuana use.

Proponents of the effort, The Coalition to Regulate Marijuana Like Alcohol, include members of Michigan NORML, the Marijuana Policy Project, the ACLU of Michigan, the Drug Policy Alliance, the National Patients Rights Association MI Legalize, the Michigan Cannabis Coalition, and lawyers from the State Bar of Michigan …

Boston Freedom Rally: Three Days of Weed & Music

The 29th Annual Boston Freedom Rally commences on Friday, Sept. 14 on Boston Common and continues until Sunday, Sept. 16. More than 40 bands will perform on the two stages and over 100 speakers will address the crowd from the stages and Education Village. Freedom Leaf’s Steve Bloom will be there, speaking and reporting back from the East Coast’s No. 1 cannabis event. Thousands of supporters are expected to attend the rally. No rain is in the forecast and temps will be in the high 70s and low 80s. Here’s the schedule:

FRIDAY, SEPT. 14

Charles Stage

3 pm – welcome**

3:05 – DJ D Good*

4:05 – Dr. Uma Dhanabalan**

NORML Chapters Focus on Voter Registration and Education

As the summer months come to a close and as political campaigns around the country ramp up outreach efforts, NORML chapters are working to make sure that supporters of marijuana law reform efforts are registered to vote. Through our partnership with Rock the Vote, we’ve made it quick and easy for our members and supporters to make sure their voices are heard this November. This is especially important in states like Missouri, Michigan, North Dakota and Utah — where marijuana law reform initiatives will appear on ballot this November.

Register to Vote Today!

Share our Voter Registration Tool on Facebook

Share our Voter Registration Tool on Twitter

From hosting voter registration drives, and voting parties, to providing education about voting laws and the benefits of ending marijuana prohibition, NORML Chapters will be busy engaging voters and mobilizing supporters in advance of this November’s election.

“With Missouri’s voter registration deadline quickly approaching, it’s important for supporters of Amendment 2 to make sure they’re registered to vote. Historically, marijuana ballot initiatives perform better when younger people vote. Voter turnout will absolutely be a factor in the outcome of this November’s election,” said Jamie Kacz, Secretary of Missouri NORML.

Also, to help educate our members and supporters about candidates who are supportive of marijuana law reform efforts, NORML is working with “Smoke the Vote” to create state-level and congressional scorecards, similar to our Governor Scorecard, that

Pro-Cannabis Congressional Candidates Head the Midterms Ballot

In addition to several marijuana initiatives (in Michigan, Missouri, North Dakota and Utah) on the Nov. 6 ballot, a number of races in the Senate and House could result in pro-pot candidates knocking off drug warriors. Here are 10 races to watch.

Texas Congressman Beto O’Rourke

1. Beto O’Rourke (D) vs. Sen. Ted Cruz (R)

Beto O’Rourke is challenging incumbent right-winger Cruz. O’Rourke, who’s backed the legalization cause ever since he was on El Paso’s City Council, has repeatedly called for the end of “the U.S. government’s War on Drugs” and “the federal prohibition of marijuana.” An O’Rourke victory would help swing the Senate back to Democratic control. The congressman has the support of Willie Nelson, who he performed with on stage at the singer’s Fourth of July Picnic in Austin. It’s an expensive race with a total of $37 million ($23.7 million for O’Rourke) in the campaigns’ coffers. An Aug. 27 Emerson College poll called the race a “dead heat,” though most prognosticators say it’s “likely Republican.” In recent weeks, Cruz’s campaign has been pulling out all the stops, releasing O’Rourke’s mug shot from a 1998 DWI and longhaired photos from when he played bass in a punk-rock band.

Colorado Congressman Jared Polis

2. Rep. Jared Polis (D) vs. Walker Stapleton (R)

In the Colorado gubernatorial race, four-term congressman Polis is hoping to succeed Gov. John Hickenlooper (D). Polis, who’s a longtime marijuana supporter and is also …

Are LED Grow Lights Worth It?

There really is no question that Light Emitting Diodes (LEDs) work, but just how well do they work?

For the last 50+ years, indoor cannabis cultivators have used High Pressure Sodium (HPS) lights to illuminate their flowering crops. This technology was developed for, and is still used, as street lighting and there really hasn’t been a fundamental change to the output in the last half century.LED technology showed great promise to solve some of the primary drawbacks to the use of HPS technology for indoor cannabis cultivation. 

We are often asked why this technology was used to grow cannabis, and the answers are simple: 1) due to strict legislation and even stricter penalties for growing cannabis, growers wished to move their crops indoors, and, 2) there really hasn’t been another technology that would allow us to cheaply place 400, 600, or even 1000W of light on a crop. In addition, HPS technology is rich in certain frequencies of red light, which is so important to flowering crops. Unfortunately, HPS lamps have their drawbacks, such as high heat output and lack of other “colors,” along the lighting spectrum. In fact, up to 95% of light produced by an HPS lamp is emitted in the infrared range, which we perceive as heat.

Enter the Light Emitting Diode. LED technology showed great promise to solve some of the primary drawbacks to the use of HPS technology for indoor cannabis cultivation. The ability …

Congressional Leadership Strips Provisions Facilitating Medical Marijuana Access For Veterans

Lawmakers have removed language from pending federal legislation that sought to facilitate veterans’ access to medical cannabis in jurisdictions that regulate it.

The decision to strip out the Veterans Equal Access Amendment flies in the face of the horrific medical realities that our nation’s heroes who are desperate to mitigate. This move thwarts the will of the majority of Americans who support medical marijuana and 81% of veterans who believe that the federal government should protect its therapeutic access. Further, by not creating protections for veterans, the Congress continues to view 22% of those who have worn the uniform as criminals.

Under existing federal regulations, physicians affiliated with the US Department of Veterans Affairs are prohibited from filling out the necessary paperwork required in legal medical marijuana states. A budgetary amendment included in the Senate’s version the Military Construction, Veterans Affairs and Related Agencies Appropriations bill sought to end this prohibition. However, Congressional leaders this week elected to eliminate the provision during hearings to reconcile the House and Senate versions of the appropriations bill.

Congressman Earl Blumenauer, the author of similar legislative language now pending in the House of Representatives, said “Denying veterans the care they need by the doctors they trust is shameful. The Senate passed this amendment. It has broad bipartisan support in the House. This should have been a no brainer. Yet, Republican leadership has once again stymied progress toward fair and equal treatment for our

NORML PAC Announces New Slate of Congressional Endorsements

The National Organization for the Reform of Marijuana Laws Political Action Committee (NORML PAC) has announced their most recent slate of bi-partisan reelection endorsements for incumbent members of the United States House of Representatives.

“There was more momentum behind federal marijuana law reform in 2018 than in any previous year, and that is in no small part due to some of our longstanding, outspoken allies in Congress,” stated NORML PAC Executive Director Erik Altieri, “In order to finally cross the finish line and end our failed federal prohibition on marijuana, it is important that we not just vote out reefer mad prohibitionists, but we need to support and ensure our key allies remain in office. Their seniority and passion for the issue makes them true leaders in taking our country in a new and sensible direction on marijuana policy and with their help we will finally resolve the tensions between state and federal laws regarding marijuana. We encourage voters in their districts to support them in November and ensure they serve in Washington another two years to help us finish the fight.”

The newly announced endorsements are listed below.

Republican Endorsements: Rep. David Joyce (R-OH14), Rep. Justin Amash (R-MI3), and Rep. Walter Jones (R-NC3).

Democratic Endorsements: Rep. Steve Cohen (D-TN9), Rep. Barbara Lee (D-CA13), Rep. Tulsi Gabbard (D-HI2), Rep. Ted Lieu (D-CA33), Rep. Ro Khanna (D-CA17), and Rep. Dwight Evans (D-PA2).

Of the lead sponsors of NORML’s priority legislation, NORML …

Marijuana Censorship: A Byproduct of Prohibition

As more and more states decide to legalize and regulate marijuana, businesses outside of America’s new billion dollar marijuana industry around the country are doing their best to navigate the murky waters of entering into partnerships with state-sanctioned marijuana businesses.

Some are responding by adopting new company policies more considerate of state laws that grant marijuana-related businesses the freedom to engage in activities that are still prohibited by the federal government (e.g., sale and distribution of marijuana). On the other hand, some of the largest and most well-known social media platforms such as Facebook and Instagram have decided to steer clear of the issue all together. Instead of evolving like the majority of the American public, where more than 68% support the legalization of adult-use marijuana, they appear to be aggressively suspending social media accounts of marijuana-related businesses while offering little to no explanation as to why.

Without question, companies, regardless of their products or services, need a strong presence on social media to compete, and ultimately survive in today’s digitized marketplace, but social media accounts of state-sanctioned, legal marijuana businesses are routinely being shut down without warning, and frankly without just cause. This is a devastating blow to companies that have invested time, money and energy into building robust following of tens of thousands of dedicated supporters and potential customers.

Considering the restrictions against marijuana-related activities outlined in the “Terms of Use” and/or “User Agreement” adopted by most popular

New York: Brooklyn DA Intends To Vacate Thousands Of Past Marijuana Convictions

Brooklyn District Attorney Eric Gonzalez at a press conference today announced his intent to vacate over ten thousand low-level marijuana convictions.

Though state lawmakers decriminalized minor marijuana possession offenses in 1977, possessing small amounts of cannabis “in public view” remains a criminal misdemeanor. City police have made several hundred thousand arrests since the late 1990s for violation of the ‘public use’ statute – primarily due to aggressive ‘stop and frisk’ policing. Over 80 percent of those arrested were either Black or Latino.

Under the DA’s newly announced initiative, those with low-level convictions will be eligible to have their criminal records vacated beginning September 21. Prosecutors estimate that the effort may ultimately result in the expungement of some 20,000 past convictions.

Earlier this year, DA Gonzalez, along with Manhattan DA Cyrus R. Vance, Jr. declared that their offices would no longer prosecute low-level marijuana offenses. “It’s a little unfair to say we’re no longer prosecuting these cases, but to have these folks carry these convictions for the rest of their lives,” Gonzalez told The Associated Press .

In recent months, District Attorneys in a number of metropolitan areas, such as San Francisco and Seattle, have begun the process of reviewing and vacating past, low-level marijuana convictions. Lawmakers in several states – including Delaware, Massachusetts, Maryland, Oregon, and Rhode Island – have enacted expungement laws following the passage of either marijuana decriminalization or legalization. In California, …

Landlords Get Final Say on Tenants Smoking Legal Marijuana

While cannabis legalization may be just over a month away, a new survey shows that many Canadian homeowners, renters and landlords don’t fully understand what it means for them. Recent numbers released by financial website Ratehub.ca show that 40 per cent of all Canadians say they aren’t sure whether legalization will cause their insurance premiums to rise — with a split of nearly 33 per cent saying they do and 27 per cent saying they…

Source: https://www.cannabisculture.com/content/2018/09/07/landlords-get-final-say-on-tenants-smoking-legal-marijuana/…