AURORA, CO — Heart attack patients with a history of marijuana use are less likely to die during hospitalization as compared to those who test negative for the substance, according to data published in the journal PLOS One. Investigators with the University of Colorado compared the hospital records of over 3,800 heart-attack patients who acknowledged having consumed cannabis or […]
BOSTON, MA — A history of marijuana use is associated with decreased in-hospital mortality among patients undergoing certain orthopedic surgeries, according to data published in the journal Substance Abuse. Investigators from Tufts University in Boston and the University of Alabama at Birmingham assessed the relationship between marijuana use and in-hospital mortality in a cohort of 9.5 million patients who […]
ST. PAUL, MN — Patients with intractable pain reduce their use of prescription opioids following cannabis therapy, according to data compiled by the Minnesota Department of Health. Investigators assessed the prescription drug use patterns of 2,245 intractable pain patients participating in the state’s medical cannabis access program. Among those patients known to be taking opiates for pain […]
NEW YORK, NY — HIV patients suffering from chronic pain are far less likely to use prescription opioid drugs if they consume cannabis, according to data published online ahead of print in the journal Substance Use & Misuse. A team of investigators from the City University of New York School of Medicine and the Albert Einstein College of Medicine […]
The enactment of statewide medicinal cannabis programs is associated with greater participation in the workforce by adults age 50 and older, according to the findings of a working paper published by the National Bureau of Economic Research, a non-partisan think-tank. Researchers at the John Hopkins School of Public Health in Baltimore and Temple University in […]
EAGAN, Minn. (PRWEB) October 08, 2013
Recent landmark legislation in Colorado and Washington to legalize marijuana use has heightened the growing debate around pot. Laws and public opinion are clearly moving on the issue; 40 states and the District of Columbia have proposed or enacted legislation surrounding marijuana use – recreational or medicinal – according to WestlawNext, the nation’s leading online legal research service.
The recreational use of marijuana has been the focus of proposed or enacted legislation in 13 states. In regards to using marijuana for medicinal purposes, 24 states plus the District of Columbia have made it legal, while 16 additional states have proposed legislation allowing medicinal use.
Ten states, including New York, currently do not have any proposed or enacted legislation regarding marijuana use – either recreational or medicinal – while Idaho passed legislation reaffirming their stand against the legalization of marijuana.
“As states have legalized marijuana for recreational use, there are still barriers that users may face in understanding the law,” said Michael Carlson, reference attorney at Thomson Reuters. “Marijuana is still considered an illegal drug in the eyes of the federal government and people can be prosecuted if they are caught with marijuana on federal grounds, such as national parks, even though it may be legal in that state.”
Here is a synopsis of proposed or enacted state legislation pertaining to legalizing recreational use of marijuana:
13 states have proposed or enacted legalization, including Colorado and Washington
Three states have commissioned studies to analyze the impact of legalization: New Mexico, Rhode Island and West Virginia
21 is the recommended age for legal use of marijuana across the board
The majority of proposed legislation recommends each state’s Department of Revenue, Department of Taxation or the Liquor Control Board serve as the regulating body
Two states propose creating a new regulatory body: Maine – Bureau of Marijuana Regulation, Licensing and Enforcement; Massachusetts – Cannabis Control Board
Taxation varies amongst proposed legislation ranging from 15 percent in New Hampshire, 25 percent in Nevada and $ 50 per ounce in Maine
The State of Washington limits advertising signage of retail outlets selling marijuana to 1,600 square inches
“The legalization efforts in Colorado and Washington State bring us closer to a tipping point with regard to marijuana prohibition,” said Sam Kamin, Thomson Reuters author and professor at the University of Denver’s Sturm College of Law. “The groups that have been working for years to legalize marijuana will be taking the issue to more and more states in 2014 and beyond.”
Over the last four years, marijuana has been introduced, substituted or adopted across 4,847 pieces of state legislation. A sampling of legislation for other substances, including marijuana, in 2013 include: hemp (117); peyote (168); cocaine (723); and marijuana (1,730).
The data was researched and compiled through Sept. 22, 2013. All research was conducted via WestlawNext, the industry-leading legal research solution from Thomson Reuters. WestlawNext includes the most authoritative collection of primary law, as well as the largest library of analytical resources and current awareness content.
Editor’s Note: For a high-resolution infographic and additional data, please visit http://www.legalcurrent.com/wp-content/uploads/2013/10/Marijuana_HiRes.jpg, http://www.legalcurrent.com/wp-content/uploads/2013/10/marijuana-mentions.jpg, or email Jeff McCoy at jeffrey(dot)mccoy(at)thomsonreuters(dot)com.
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. For more information, go to http://www.thomsonreuters.com.
San Francisco, CA (PRWEB) February 19, 2015
GreenRushReview.com, a cannabis business news website recently reported that with marijuana being legal for medical use in over 23 states and the potential for it to soon be legal for recreational use in four, the marijuana industry is among the best industries for entrepreneurs in 2015.
Business publication Inc.com reports that although the legal cannabis industry is still very young, there is already very strong demand for all forms of cannabis – whether medical or recreational, edibles, extracts, or concentrates. The industry is flourishing and is expected to grow even bigger as more states legalize the herb.
The same INC article also reveals that in the first quarter of 2014, the state of Colorado had already raised $ 25 million from businesses for licenses, fees, and taxes. Marijuana’s retail market in Colorado generated a whopping $ 350 million revenue for 2014, and is predicted to grow by 20 percent this year and reach $ 420 million.
Cannabis has become a major industry in the United States, particularly after Colorado allowed for the sale of recreational cannabis in early 2014. According to IBISWorld, revenue for the medical marijuana growing industry has increased 16 percent per year in the last five years, thus amounting to approximately $ 2 billion in 2014.
Examples of companies successfully capitalizing on the cannabis boom are plentiful. One rising star featured on GreenRushReview.com is India Globalization Capital, Inc. which builds indoor vertical farms that utilize state-of-the-art technology to produce organic leafy green vegetables, but whose facilities will eventually allow them to grow legal cannabis.
With countless untapped business opportunities in the marijuana field, Inc.com mentions that the first movers in the industry are likely already on their way to long-term viability.
According to a Forbes.com article, the marijuana industry is a desirable sector to enter primarily because its customers are big spenders. A cannabis consumer typically spends an average of $ 1,869 on their habit annually, as opposed to Americans spending roughly $ 1,500 each year on their pets.
GreenRushReview.com strives to be a convenient and reliable online resource for all cannabis consumers, entrepreneurs and investors. The website aims to provide the general public with extensive coverage on news, and opinions on the multi-billion marijuana industry and culture in North America, including industry stocks, prices, implications, trend developments, investment opportunities and legislation.
The site also hosts a cannabis industry directory, related videos, articles, company profiles and press releases.
The term “Green Rush” refers to the swift surge of activity brought about by the legalization of medical marijuana in over 23 states, and the acceptance of comprehensive cannabis and medical marijuana programs.
GreeRushReview.com is part of a portfolio of cannabis industry sites, which includes http://www.BestMedicalMarijuanaStocks.com (top medical marijuana company news), http://www.MarijuanaStocksReport.com (cannabis small cap stock news) and http://www.MarijuanaStock.net (financial cannabis company news).
Companies seeking exposure on GreeRushReview.com can contact editorial(at)greenrushreview(dot)com for more information.
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