WeedLife News Network

Uruguay has been making tremendous strides in international cannabis distribution. The country’s buds have already made it all the way to Germany. 

But a recently approved decree has the potential to propel Uruguay to the forefront of cannabis logistical endeavors.

Other countries can now ship cannabis products to Uruguay. While in the country, the products can get repackaged while in transit before being reexported to other countries – without any payment of customs duties, explained Bruno Guella, managing director of MVD Free Airport.

MVD Free Airport is a company operating the cargo terminal inside the airport for Uruguay’s capital city, Montevideo. The airport area it operates in is a free-trade zone.

The nation may not know who is president on election day, but the people have spoken when it comes to cannabis legislation. Arizona, Montana, New Jersey, and South Dakota have all legalized marijuana for adults 21 and older, as voters in each state approved their respective ballot initiatives at the ballot box. The Garden State has gone green as the closely watched state of New Jersey approved adult-use cannabis.

New Jersey

“Today, New Jerseyans voted overwhelmingly to legalize cannabis for adult use. This is a vital first step for shifting away from punitive cannabis prohibition and toward a regulated market that prioritizes racial and social justice,” said ACLU-NJ Campaign Strategist, Ami Kachalia, on behalf of New Jersey United for Marijuana Reform (NJUMR). “Now, we call on New Jersey legislators and the Governor to implement the vision of cannabis legalization that voters have pushed forward – one that begins to repair the harms of marijuana prohibition and creates an accessible and inclusive new cannabis industry. In determining the details of implementation, lawmakers must include expungement, community reinvestment, and meaningful opportunities for those most harmed by unjust enforcement of marijuana laws to enter into the industry.”

NORML Executive Director Erik Altieri said: “Garden State voters spoke resoundingly. They are demanding their lawmakers end the failed policy of marijuana criminalization, and instead pursue a more sensible path of regulation and legalization. “Law enforcement in New Jersey arrests more citizens each year for minor marijuana violations than almost any other state in the nation. By moving to end this fiscally wasteful and morally repugnant policy, state officials will now be able to prioritize law enforcement resources toward combating more serious criminal activities, better respect the personal freedom and civil liberties of their citizens, end the racist application of marijuana prohibition laws against communities of color, and direct new tax revenues toward important social programs such as education and infrastructure development.”

South Dakota

South Dakota also passed a medical marijuana initiative and became the first state in American history to enact both policies on the same day. The Marijuana Policy Project was instrumental in the Montana and South Dakota campaigns. “This historic set of victories will place even greater pressure on Congress to address the glaring and untenable conflicts between state and federal laws when it comes to cannabis legalization,” said Steve Hawkins, executive director of the Marijuana Policy Project. “A few years ago, nobody would have predicted that South Dakota would legalize marijuana before New York,” said Matthew Schweich, deputy director of the Marijuana Policy Project and one of the leaders of the South Dakota campaign. “But that’s the power of the ballot initiative process.”

“South Dakotans sent an unequivocal message in support of allowing patients the ability to legally access it under the advice of their physician,” stated NORML Executive Director Erik Altieri. “When operational, this program will provide lab-tested medical cannabis products to thousands of South Dakotans who can benefit from them. These patients cannot wait, and voters were right to take action to make this access a reality.”

Growing hemp was outlawed in 1970, but since the California Hemp Farming Act was signed into law and became effective on January 1, 2017, hemp is again a legal crop. Still, not just anyone can throw their hat in the ring to legally grow hemp. There is a somewhat involved registration process to wade through first, as well as rules and regulations for California hemp growers to follow. Here’s a brief overview.

Researchers in Brazil have found that cannabis oil can be an effective treatment for patients with fibromyalgia, according to the results of a clinical trial completed recently. An abstract of the study, “Ingestion of THC-rich cannabis oil in people with fibromyalgia: A randomized, double-blind, placebo-controlled clinical trial,” was published last week in the journal Pain Medicine.

To conduct the study, researchers tested the effectiveness of a plant-derived cannabis oil on 17 women with fibromyalgia (FM), a chronic pain syndrome characterized by widespread musculoskeletal pain and fatigue. The patients were treated over a period of eight weeks with a cannabis oil rich in THC. The initial dose was one drop per day, with subsequent dosage increases according to symptoms. The mean dose for those in the cannabis group was 3.6 drops per day, equating to a total of 4.4 milligrams of THC and 0.08 milligrams of CBD per dose.

Patients were separated into two groups, one of which received the cannabis oil, while the members of the control group received a placebo. The Fibromyalgia Impact Questionnaire (FIQ) was administered at pre- and post intervention moments and in five visits over eight weeks. The researchers reported that “the impact of the intervention on quality of life in the cannabis group participants was evident, resulting in reports of well-being and more energy for activities of daily living. Pain attacks were also reduced.”

First Gold-Standard Study

“To our knowledge, this is the first randomized controlled trial to demonstrate the benefit of cannabis oil – a THC-rich whole plant extract – on symptoms and on quality of life of people with fibromyalgia,” the investigators wrote. “We conclude that phytocannabinoids can be a low-cost and well-tolerated therapy for symptom relief and quality of life improvement in these patients, and we suggest that this therapy could be included as an herbal medicine option for the treatment of this condition in the Brazilian public health system.”

Because of the impact that fibromyalgia can have on the health of patients and the need for effective and affordable medicines to treat them, the researchers recommended further research to study cannabis as a treatment for the condition.

Obsessive Compulsive Disorder (OCD) impacts millions of people in the United States. The mental health disorder occurs when people find themselves in an endless cycle of obsessive thoughts and compulsive actions.

Cannabis may emerge as a treatment to help break that cycle. A new study from the University of Washington, published in the Journal of Affective Disorders, found that those who smoked weed saw a reduction in the symptoms common for those who suffer from OCD.

“Inhaled cannabis appears to have short-term beneficial effects on symptoms of OCD,” the researchers wrote. However, researchers noted that they need to also study long-term use as it might lead to a buildup of tolerance to the beneficial effects of cannabis.

Other studies have found similar results when it comes to marijuana and anxiety. And the public certainly made its opinion known by increasing the use of cannabis to deal with anxiety during the coronavirus pandemic.

Details of the study

To understand the impact of cannabis, researchers worked with 87 medical marijuana patients who self-identified as having OCD. The study involved a whopping 1,810 cannabis sessions over 31 months. 

Arizona was one of four states on Election Day to pass a ballot issue allowing recreational marijuana.

Two states approved medical marijuana.

In Arizona, Proposition 207 has passed by a 60%-40% margin, according to unofficial results. It allows for the use and possession of a small amount of marijuana by residents over the age of 21. It also allows the regulated possession of a limited number of marijuana plants.

It levies a 16% excise tax on the sale of marijuana.

About 57% of Pinal County voters approved the proposition. It carried all precincts in the city of Maricopa.

New Jersey voters approved legalizing recreational marijuana on Tuesday, and Democrats Joe Biden and Cory Booker won at the top of the ticket in New Jersey's first mostly mail-in election.

New Jersey now joins the District of Columbia and 11 states legalizing recreational cannabis. Though, people could legally buy and use cannabis under the constitutional amendment voters approved by a wide margin, it's unclear how quickly the new market will be set up.

But the Democrat-led Legislature and Democratic Gov. Phil Murphy supported legalization and are expected to move quickly to pass legislation establishing the marketplace.

Booker will head back to Washington for a second full term. His and Biden's victories confirm Democrats’ firm control of the state’s presidential electors and the party’s lock on Senate seats.

Booker won against Rik Mehta, a business executive with a law degree and a doctorate in pharmacy, who staunchly supported the president.

Mississippi is sending all four of its U.S. House members back to Washington.

Two Republicans — Trent Kelly and Michael Guest — and the state federal delegation’s sole Democrat, Bennie Thompson, all bested challengers on Election Day. Republican Rep. Steve Palazzo won his race after running unopposed.

Voters also approved the legalization of medical marijuana in Mississippi, choosing to adopt the less restrictive of two medical marijuana ballot measures. They voted to eliminate a Reconstruction-era electoral college provision in races for governor and other statewide offices.

Justices Josiah Dennis Coleman, Mike Randolph and Leslie King were reelected to the state Supreme Court. Yet to be decided is one Supreme Court race between Justice Kenny Griffis and Court of Appeals Judge Latrice Westbrooks, who would be the first Black woman on the Mississippi Supreme Court.

INITIATIVE 65

According to Statista, there are 88 million podcast listeners in the U.S., with that number expected to almost double by 2023.

Looking through your typical platforms such as Stitcher, Spotify, and Apple Podcasts, you can find podcasts about pretty much every topic, including but not limited to junk food, Power Rangers, tabletop games, the films of Mike Myers, and even ballpoint pens.

And yes, those are all real.

One of the many podcast topics growing in popularity is cannabis.

Because of its fairly open format, podcasting has allowed for more education and discussion around the substance, something most traditional media outlets would avoid.

Four years to the day after Massachusetts legalized recreational marijuana, the state announced that cannabis businesses across the state have surpassed $1 billion in non-medical cannabis sales. 

According to the Cannabis Control Commission, 80 Massachusetts marijuana retailers, as of Oct. 30, reported $1,000,521,905 in sales since stores opened in November 2018.

A peer-reviewed study published in the research journal PLOS ONE demonstrates that MDMA-assisted psychotherapy is remarkably cost-effective when compared to currently available treatments for posttraumatic stress disorder (PTSD). It is estimated that a public healthcare payer or private insurer making MDMA-assisted psychotherapy available to 1,000 patients with PTSD would reduce general and mental health care costs by $103.2 million over 30 years. This treatment has not yet been approved by the FDA, does not work for everyone, and carries risks even in therapeutic settings.

Lead author Elliot Marseille, Dr.P.H., M.P.P., said, “MDMA-assisted psychotherapy is conducted by a licensed psychologist and trained clinician over the course of twelve sessions with three sessions lasting six or more hours. The cost of that time is not inconsiderable, but in just over three years, healthcare providers will break even on the costs of mental health and general medical care. These estimates are promising yet likely too conservative: the study did not measure the value of increased productivity or lower disability payments as patients recover from PTSD and is constrained by the limited availability of data on the long-term trajectory of PTSD. Further research will be needed to determine the full financial, personal, and societal benefits of MDMA-assisted psychotherapy for PTSD."

Berra Yazar-Klosinski, Ph.D., Deputy Director and Head of Research Development and Regulatory Affairs for MAPS Public Benefit Corporation and co-author, developed the treatment manuals governing MDMA-assisted psychotherapy. She notes, “A growing body of evidence suggests that MDMA-assisted psychotherapy is often more effective than currently available treatments for PTSD, a notoriously difficult-to-treat condition. Previous research has focused on safety and efficacy and indicates statistically significant improvements over currently available treatments with a reduction in symptoms for 82% of participants. This study should compel healthcare providers to include MDMA-assisted psychotherapy as a covered treatment for PTSD following FDA approval.”

Rick Doblin, Ph.D., Executive Director of MAPS and a study co-author, states, “The profound personal toll of PTSD can include a deterioration in physical health, relationships, and ability to participate in social activities along with the anxiety, insomnia, and suicidal ideation that mark the condition. By demonstrating a return of an average of 5.5 quality-adjusted life-years over 30 years, we have shown that MDMA-assisted psychotherapy has the potential to reduce more than the personal burden of PTSD, contributing to improved health outcomes and reduced healthcare burdens for payers and providers.”

The cost-effectiveness of MDMA-assisted psychotherapy from the U.S. healthcare payers’ perspective was constructed with a decision-analytic Markov model to portray the costs and health benefits of treating patients with chronic, severe, or extreme, treatment-resistant PTSD. Efficacy was based on the pooled results of six randomized controlled trials with the 105 subjects who participated in Phase 2 trials and a four-year follow-up of 19 of those subjects. Other inputs were based on published literature and on assumptions when data were unavailable. Results are modeled over a 30-year analytic horizon and conducted extensive sensitivity analyses. The model calculates expected medical costs, mortality, quality-adjusted life-years, and incremental cost-effectiveness ratio.

Will These Marijuana Stocks Benefit From Election Day?

As election day comes, investors continue to wonder which marijuana stocks are worth watching. The answer to this question is a little bit more complicated than previously imagined. For one, there are a few factors that may or may not change the trajectory of the cannabis industry on November 3rd. First, there are five states that are voting on whether or not to legalize cannabis come election day. This could benefit MSO pot stocks like Harvest Health and Recreation Inc. (HRVSF Stock Report), Planet 13 Holdings Inc. (PLNHF Stock Report), and Curaleaf Holdings Inc. (CURLF Stock Report). In addition, Canadian pot stocks could also see a boost due to their correlation with the greater cannabis industry.

As election day comes, we also have to consider what the presidential election will do to marijuana stocks. While President Trump has not done much to advance the cannabis industry, Biden already has plans to decriminalize cannabis on day one. This would be a major step in the right direction for the future of the cannabis industry. As we can see, there is a lot that is going on in the cannabis industry right now. With that in mind, there is also a lot of opportunities to be had for investors who are willing to find it. All things considered, here are two marijuana stocks that could see a boost from election day.

Top Marijuana Stock To Watch: Innovative Industrial Properties Inc.

Innovative Industrial Properties Inc. (IIPR Stock Report) is quite a popular choice for marijuana stock investors. There are a few reasons why this is the case. For one, IIPR stock has shown some solid financials in the past that rival even the greatest marijuana stocks to watch. The company operates as a REIT or real estate investment trust. This means that it purchases real estate to be leased out to those who wish to grow or process cannabis. The company has historically worked mostly in the medicinal marijuana industry. Year to date, IIPR stock is up by as much as 60%.

It looks like JAY-Z is fully throwing in on the cannabis scene with the debut of a new weed brand, Monogram. 

If you are a cannabis voter, this is a critically important election for the industry.

Voters are considering a number of cannabis ballot initiatives nationally on their presidential election ballots. Voters in New Jersey, Arizona and Montana — where there are existing medical cannabis markets — will consider legalizing adult use.

Mississippi may potentially become a new market for medical cannabis, and there are two ballot initiatives in South Dakota that seek to legalize both medical and adult use.

In the event of a contested election between President Donald Trump and former Vice President Joe Biden, Benzinga wondered whether that would hurt or delay the legalization initiatives in these states.

In recent years, the amount of time it takes to go from legalization to “market open” is typically long. Nevada, for example, took eight months while Maine took as long as 47 months.

The main way that cannabis acts differently in women as opposed to men is its interaction with the female production of estrogen.

For decades, the cannabis movement has been predominantly a boy’s club. Women are rising up and earning leadership positions all over the industry now, but where did that original disconnect come from? Could it be the way that marijuana affects men and women in different ways?

From voting on measures to cultivating the plant, women are crucial to the success of the  cannabis industry and are now leading the way into its next evolution. While balance is being restored, however, having the knowledge of how cannabis affects people when sex is the main equation is important, not only for valuable information, but for direction in the ever more detailed world of weed.

The main way that cannabis acts differently in women as opposed to men is its interaction with the female production of estrogen. In a study conducted by Washington State University, researchers found that estrogen is like a magnifying glass for THC and so it may take less cannabis to elevate a woman, especially in the days prior to her ovulation. This is a very good thing for gals who toke, as cannabis is one of the best remedies for period pains, mood swings and other discomforts.

Photo by McKinsey via rawpixel.com

What is being touted as the first cannabis-infused social tonic has received a funding injection from A-listers ranging from actors to athletes in a bid to make social tonics socially acceptable.

The two major strains are Sativa and Indica. The choice between the two depends on personal preference and the feeling that you’re ultimately looking for.

Cannabis has different strains. Picking the right one is crucial for one to get the feeling that they are looking for. One can choose to go with those that contain THC or the ones that do not have this component such as CBD oil.

Important to note is that cannabis is not legal in most states, and one must bear this in mind before trying to buy any weed product. For countries where the use of cannabis is permissible, it is best to buy from authorized dealers to make sure that the weed bought is good quality and free of harmful substances. Back street dealers tend to lace their product with other substances that can alter the normal functioning of the body.

Medicinal marijuana does not contain high levels of THC in most cases if not all, since the feeling of highness may augment certain symptoms. Those using for leisure need to know how to pick the best brands. Below we discuss how to choose the best cannabis strain.

Know the options available

The three significant strains of marijuana are Indica, Sativa, and hybrid. Hybrid is a combination of the two major strains, Sativa and Indica. It elicits mixed reactions for the body and mind since the two mixed to form the blend affect the user differently. Sativa strains have an energizing effect on the user, influencing them to be active and take part in different activities. Indica, on the other hand, is more relaxing and after using any of the strains in this family, the user tends to be laid back with a deep sense of relaxation. The choice between the two depends on personal preference and the feeling that one is looking for.

You probably know people who will tell you “how it’s done”. Setting up a grow room has many ways of being done and more opinions than truths out there. You have to ask yourself some basic questions such as:

With those answers now you have to ask yourself some more questions like:

As big of a year as 2020 may turn out to be for marijuana in America -- as multiple states including South Dakota, Montana, Arizona, and New Jersey, look to legalize recreational pot -- there could be even more exciting developments in 2021. New York could become the prize of the industry next year, and there's hope for progress on marijuana reform at the federal level.

Although nothing is set in stone, there are a few reasons for cannabis investors to be bullish for the new year. Here are two potential developments to watch for in 2021 that could send pot stocks soaring.
It could be the year New York legalizes marijuana