Cannabis 101: Educational Information & Resources | Leafly
Cannabis education and information on ways to consume, how to grow or harvest, and more.
Source: Cannabis 101: Educational Information & Resources | Leafly
Cannabis () is a genus of flowering plant in the family Cannabaceae. The number of species within the genus is disputed. Three species may be recognized, Cannabis sativa, Cannabis indica and Cannabis ruderalis; C. ruderalis may be included within C. sativa; or all three may be treated as subspecies of a single species, C. sativa. The genus is indigenous to central Asia and the Indian subcontinent.
Cannabis has long been used for hemp fibre, for hemp oils, for medicinal purposes, and as a recreational drug. Industrial hemp products are made from cannabis plants selected to produce an abundance of fiber. To satisfy the UN Narcotics Convention, some cannabis strains have been bred to produce minimal levels of tetrahydrocannabinol (THC), the principal psychoactive constituent. Many plants have been selectively bred to produce a maximum of THC (cannabinoids), which is obtained by curing the flowers. Various compounds, including hashish and hash oil, are extracted from the plant.
Globally, in 2013, 60,400 kilograms of cannabis were produced legally. In 2014 there were an estimated 182.5 million cannabis users (3.8% of the population aged 15–64). This percentage has not changed significantly between 1998 and 2014.
Source: Cannabis – Wikipedia
Trump Extends Cannabis Protections ‘Til December As Plans For Study, States Remain Hazy
While many cannabis users (especially white, affluent ones) haven’t felt much federal pressure over the drug’s Schedule I status, those groups who have helped pioneer legal cannabis as producers and retailers have often faced heavy crackdowns, and short-term losses into the millions. Overall, more than 8.2 million Americans were also arrested for marijuana crimes between 2001 and 2010 alone, Slate points out.
Extending the clause’s effects through December 8 could therefore offset some big burdens for cannabis operators who’re trying in good faith to build businesses that comply with state laws–at least for a few more months. Despite this development, however, many aspects of federal and state game-plans for the cannabis industry remain uncertain, forcing a range of cannapreneurs to proceed unprotected while hoping for the best.
Source: Trump Extends Cannabis Protections ‘Til December As Plans For Study, States Remain Hazy
Hawaii unveils ‘banking solution’ for state’s medical cannabis dispensaries – Maui Time
How medical marijuana dispensaries handle money is a huge problem nationwide. Just. Plain. Huge. In January, the Los Angeles Times reported that the whole industry is on track to bring in about $7 billion in revenue in 2018, which means the problem’s only going to get worse.
The problem is very simple: though many states, including Hawaii, have legalized the sale of marijuana for medicinal purposes, the federal government still considers the drug completely illegal. That means banks–regulated by the Federal Deposit Insurance Corporation (FDIC)–refuse to do business with anyone who handles medical marijuana money. And that means the dispensaries that are doing business right now are doing so on a cash-only system. Given the $7 billion in revenue this industry is on track to bring in, that just invites all sorts of trouble.
But now Hawaii state officials say they have a solution.
Source: Hawaii unveils ‘banking solution’ for state’s medical cannabis dispensaries – Maui Time
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San Diego legalizes marijuana cultivation and manufacturing, despite some concerns – LA Times
San Diego will have a fully legal and regulated marijuana industry, including pot farms, factories making edibles and retail storefronts selling the drug to both medical and recreational customers.
Source: San Diego legalizes marijuana cultivation and manufacturing, despite some concerns – LA Times
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