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Medical and recreational marijuana dispensaries are associated with a significant increase in home value, according to a new study published by the journal Contemporary Economic Policy.

(Photo: DenverHomeLender.com).

For the study, titled The effect of marijuana dispensary openings on housing prices, researchers evaluated “the effect of medical and recreational dispensary openings on housing prices in Denver, Colorado.” Using an “event study approach”, they found that “the introduction of a new dispensary within a half‐mile radius of a new home increases home prices by approximately 7.7% on average.”

The study notes that this effect “diminishes for homes further from new dispensaries but is consistent over time.” Researchers conclude by stating that “Our results provide important and timely empirical evidence on the socioeconomic impacts of marijuana legalization.”

More information on this study, conducted by researchers at Colorado State University, can be found by clicking here.

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Cedar Rapids missed out on landing one of the five medical marijuana dispensaries that opened statewide December 1st. But the city will be home for the state’s second marijuana cultivating and processing business.

A number of city, business and political leaders turned out for a groundbreaking ceremony at the site of the Iowa Relief Cannabis Cultivation & Processing facility on Thursday.

The crowd was a sign of interest in a brand new Iowa industry that’s literally just months old.

Iowa Relief, now under construction at 405 26th Ave. Court S.W., will employ just 10 people in a warehouse-type building to start.

And there’s a real rush to finish.

– Read the entire article at KCRG News.

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A Winnipeg-based cannabis producer is recalling two types of pot sold in Saskatchewan.

The company, named Bonify, says it is recalling its “Cherry Lime” and “Warlock Kush” products.

Bonify says the products may not meet some of the microbial and chemical contaminant limits that meet Cannabis Regulations.

About 52 units of the recalled products were sold between Nov. 20 and Nov. 30.

– Read the entire article at Global News.

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Days after being evicted from his apartment—and then invited to return—for his legal possession and consumption of medical cannabis oil, John Flickner says his healthcare provider has suddenly dropped him from his Medicaid/Medicare program. Without access to doctors and transportation to healthcare facilities, the 78-year-old man who was just last week without a home is wondering what could possibly befall him next.

Senior Healthcare Provider Dropped 78-Year-Old Man Over His NY-Legal Medical Cannabis Use

Last week, High Times covered the story of John Flickner, an elderly gentleman living in a federally-assisted apartment complex in Niagara Falls, NY. During a June inspection of his apartment, staff discovered botanical cannabis Flickner used to treat his worsening back pain from a 50-year-old skydiving injury. At the time, Flickner was not a licensed medical cannabis patient in New York. But after the discovery of his unlicensed medication, Flickner promptly obtained a physician’s recommendation and his medical cannabis permit.

However, Flickner’s status as a legal medical cannabis patient in New York didn’t save him from eviction. Backing his Niagara Towers landlord’s decision to kick him out of his home, the firm that owns his HUD-subsidized building (and three others like it in the area) resorted

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Cofounder and director of Project CBD, an educational nonprofit that reports on cannabis science and therapeutics, Martin A. Lee is also the author of Smoke Signals: A Social History of Marijuana—Medical, Recreational and Scientific (2012) and Acid Dreams: A Social History of LSD—the CIA, the Sixties and Beyond (1985).

How did you get interested in CBD?

I heard about it as a journalist attending and covering science conferences. I started writing about cannabis—the medical marijuana phenomenon—when I moved to California. I was drawn into it mainly from a civil rights/social justice perspective. Why are people still being busted if this is legal and for medical use?

It was a whole universe that opened up, which I had no idea about at all. So I started to focus on cannabis science and therapeutics, rather than just the raids by the police and that kind of thing, which was what initially drew me into writing about cannabis. It kind of changed course.

But what specifically sparked your interest in cannabidiol?

I would hear about CBD from scientists at these conferences. Steep Hill, the first lab that emerged to service the medical marijuana community, was able to identify both THC and CBD levels in the various

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A major player in the alcohol world is backing marijuana legalization, and it’s not shying away from sharing its position with those in power. The Wine and Spirits Wholesalers of America (WSWA) recently participated in a briefing on Capitol Hill to reiterate its stance that the feds should allow states to make their own decisions when it comes to legalization.

According to Marijuana Moment, WSWA “became the first major alcohol association to call for the end of federal cannabis prohibition” last July. Now, five months later, the organization has reportedly suggested to lawmakers that regulations similar to those already in place within the alcohol industry could also be created and implemented for legal marijuana. A photo of a handout from the meeting, which was provided to Marijuana Moment, presented an outline for the group’s ideal “regulatory structure.”

“When a state legalizes adult use of cannabis and establishes an acceptable level of regulation, the federal government should allow that market to function and give equitable treatment to businesses that operate within it,” reads the handout. “The regulatory structure should ensure product safety, discourage underage access, create an effective tax collection regime, and encourage innovation and choice for consumers, while at the

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Agriculture technology companies are competing to develop new strains of cannabis plants that can produce consistent cannabinoid levels and thus offer consumers repeatable, predictable effects. The goal is far from new—and likely ancient. Only now, top plant scientists are working toward it in multi-million dollar labs for massive retail cannabis companies, instead of underground breeders and growers.

Not that craft breeders haven’t perfected their craft; indeed, many of today’s most commercially successful strains are the result of efforts to produce high-quality, consistent effects for consumers. But the historic developments in the global cannabis industry have created huge incentive for companies to patent their own strains. And with competition from cannabis extracts and concentrates that offer more predictable effects and a higher degree of control over dosage, the demand for dependable flower is higher than ever.

Scientists Quest After Cannabis’ Holy Grail: Flower With Consistent Cannabinoid Levels

Cannabis sativa is a plant with an incredible variety of smells, tastes, looks and of course, effects. And breeders have always tried to harness that variety to grow strains that bring out a particular feature set, giving rise to the astounding proliferation of cannabis strains that exists today. Growers and retailers try to make

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Canada’s had a bumpy start to legalization. From large-scale data breaches to finding bugs and mold in the flower, Canada’s legalization effort proves that a lack of legislative preparation can impact the wellbeing of the public. As of Nov. 8, however, Health Canada released mandatory cannabis testing requirements to monitor and limit pesticides-use among licensed producers (cultivators). Starting Jan. 2, Canada will require producers to have an independent lab test all products for 100 different pesticides before they can be sold.

Prior to national legalization, Canada’s medical cannabis regulations didn’t call for mandatory pesticide testing. So, although licensed medical cannabis producers (cultivators) were ‘forbidden’ from using toxic sprays on plants, no system was implemented to hold people accountable. Thus, the industry’s history with pesticides hasn’t been exemplary, and many Canadians believe these new testing mandates are a step in the right direction.

“My opinion is that the industry, on the whole, is trying to do a good job,” John Coleman, co-founder and president of cannabis testing lab Anandia Laboratories, tells the Growth Op. “The problem is, you’re going from essentially a completely illegal industry to one that is legal and highly regulated, and it’s a transition. Getting rid of some of

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Both the U.S. House of Representatives and Senate have passed the 2018 Farm Bill, which includes a provision to legalize hemp throughout the country.

The 2018 Farm Bill was passed by the House today by a vote of 369 to 47. The vote comes a day after the Senate approved the same bill 87 to 13. Now that it’s been passed by the full Congress it will be sent to President Trump, who has said he will sign it into law once given the opportunity.

The legislation is a wide-reaching bill that covers many facets of the farming industry. A provision in the measure, put forth by Senate Majority Leader Mitch McConnel, removes hemp from the federal list of controlled substances. This effectively legalizes it throughout the country, allowing farmers to grow it as they can any other agricultural commodity such as tomatoes.

Once the law takes effect hemp will become legal for the first time in decades.

According to congressional research, the hemp market consists of over 25,000 various products ranging from textiles to food products. Despite its cultivation being illegal, the United States imports roughly half a billion dollars in hemp each year from other countries.

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The legalization of marijuana has been an ongoing question in Illinois for the past several years. And now, the movement to legalize may have just received another strong voice of support. That’s because Chicago Mayor Rahm Emanuel just announced a new idea that would use taxes from legal weed sales to fund city pensions.

Mayor Emanuel Wants to Legalize Weed

Earlier this morning, Mayor Emanuel announced a new plan to address the city’s growing problems keeping up with pensions. Interestingly, the legalization of recreational cannabis was one of the central pieces of his plan.

As reported by local news sources, Emanuel wants the state of Illinois to legalize recreational marijuana. This would allow the state to establish a framework for regulating and taxing cannabis retail, which Emanuel said would bring state and local governments much-needed revenue.

Speaking at a meeting with the Chicago City Council, Emanuel said that he plans to urge state lawmakers to consider legalization.

Emanuel said that if weed became legal in Illinois, he would be able to earmark a portion of the new tax revenues to fund city pensions. Further, he told City Council members that this plan would be a good way to generate new

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