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The US Plans to Allocate 20 Tons of Marijuana to Fight Alcoholism
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The US Plans to Allocate 20 Tons of Marijuana to Fight Alcoholism

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DENVER, COLORADO – August 29, 2018

Promising New Marijuana Research

Marijuana, aka cannabis, is now legalized in 30 States, with most of them only making the decision this year.

For example, the most populous: the 40 million strong state of California, which has the world's sixth largest economy, intends to allow the buying of 28 and a half grams of marijuana to any resident over the age of 21. Moreover, Californians will be able to legally keep and grow marijuana — six plants per person. The state expects to make a visible profit by introducing a 15 percent tax on its sale.

Nine US States have legalized the recreational use of marijuana.

Recreational drug use is the use of a psychoactive drug to induce an altered state of consciousness for pleasure, by modifying the perceptions, feelings, and emotions of the user. When a psychoactive drug enters the user's body, it induces an intoxicating effect. Also, the US completely legalized the use of drugs for medical purposes.

Unless there is actually something to be worried about. Marijuana is still illegal at the federal level. For the time being, the U.S. federal government classifies it as a Schedule I drug. Heroin and LSD are in the same category.

Marijuana’s Schedule I status means the government believes it has “no accepted medical use.” That’s about as absurd as saying the Earth is flat. But this has been their official view for decades.

This is why it’s been so difficult to study marijuana’s medicinal properties, despite its obvious health benefits. But that’s finally starting to change.

So, according to three clinical studies – two published in The New England Journal of Medicine and one in The Lancet – CBD was found to significantly reduce seizures.

And in June, the Food and Drug Administration (FDA) finally approved its first prescription CBD medicine to treat epilepsy… nearly five years after CNN aired Charlotte’s story.

It is also possible CBD has a wider range of medicinal benefits. It’s already been used to help treat conditions like Parkinson’s disease, glaucoma, migraines, cancer, and arthritis, among others.

CBD is also thought to have therapeutic benefits. It can help with immunosuppression, neuroprotection, and appetite and bone-growth stimulation.

That is, you can count a large number of advantages from using the drug. But whether or not it is true remains a mystery.

Again, if we use marijuana's supporters from among the participants of referendums as an example, they give the following arguments in favor of their position:

They believe that marijuana is not as toxic as alcohol and other drugs, and its use doesn't lead to socially dangerous behavior and also doesn't cause comparable harm to the body. In addition, in their opinion, smoking marijuana is almost impossible to overdose on.

Legalization increases tax incomes and creates jobs. The positive decision on the legalization of marijuana can bring the US up to 17.4 billion dollars in new tax revenues. In 2014, marijuana dealers will bring Colorado over $100 million, of which $40 million will be spent on building schools and promoting healthy lifestyles. But we will talk about this in more detail later.

Legalization will also reduce the crime rate. In 2010, 780,000 arrests related to the distribution and use of marijuana were made in the United States, and almost 40,000 people went to jail. Legalization of marijuana will reduce the number of arrests and will also save on their pretrial detention in prisons. In addition, according to the supporters of the referendum, legalization can reduce racial tensions in the States: for example, in cases related to the distribution and use of marijuana, black teenagers are detained almost four times more often than their white peers.

Legalization will also indirectly affect the level of other crimes: according to the Colorado Department of Public Security as an example, from February 2013 to April 2014, the crime rate in the region decreased significantly. And in the state capital, Denver, the number of murders has decreased  by a factor of three.

In addition, marijuana brings up to 30% of income to international drug cartels. Thus, legalization undermines the economic base of criminals and improves the situation in the global war on drugs.

As for the disadvantages of legalization, in this case, voters say that:

Marijuana use impairs intelligence and attention, as well as prevents teenagers from learning. Many studies do indicate a correlation between low IQ score and marijuana use, but it remains unclear what is the cause and what is the consequence of this situation.

Legalization will significantly increase the number of drug users through advertising. In addition, the emerging industry of marijuana selling can be hit hard by active consumers and strengthens their addiction to drugs.

The use of marijuana often leads to later use of more serious drugs. Opponents of this position believe that in most cases, marijuana is the first (and only) drug individuals use due to its comparative cheapness and widespread compared to other illegal substances.

Thus, it turns out that the pros and cons tend to balance each other out to some extent. Most people have already made up their mind; all that remains is to wait for the decision of the authorities.

Trump Likely to Legalize Marijuana

As for the state's decision, it is more likely that it will have to solidly support the legalization of marijuana. You might ask why.

So, since 2011, the so-called Charlotte's Web, high-potency cannabis, which is a dietary Supplement under us Federal law, has been created in the US. It is produced by the Stanley brothers in Colorado. It does not cause psychophysical dependence, but by 2018 it was used not for food, but inside and in pure form. Note, the product is legal in all 50 States.

Recall that “Charlotte’s Web” is a crossbreed of marijuana and industrial hemp, used for its rich CBD content.

Let's stop and think about that.

For years, some parents have turned to medical marijuana to treat their children’s debilitating epilepsy, crediting the drug with dramatically reducing seizure activity. A groundbreaking clinical trial about to begin is recruiting test subjects in an attempt to finally provide some science to back their claims.

In what is believed to be the first study of its kind, researchers at the University of Colorado Anschutz Medical Campus will study the genes of those with a kind of epilepsy called Dravet Syndrome who have been treated with a strain of medical marijuana known as Charlotte’s Web. The study will attempt to determine if specific genetic components can explain why some epilepsy patients see positive results from ingesting Charlotte’s Web, while others do not.

The plant, grown by five brothers in Colorado through a non-profit organization called Realm of Caring, is low in THC, the compound that produces marijuana’s psychoactive effects, and high in CBD, a compound believed to reduce seizures in those suffering from certain forms of epilepsy. It is administered to epilepsy patients, including many children, in the form of oil. The plant is named after Charlotte Figi, a young girl who was the first epilepsy patient successfully treated with the strain.

“We’ve seen her flatline in the hospital and said goodbye… I don’t think she’s going to survive this.”

These are the words of Charlotte Figi’s father, recalling what it was like to see his five-year-old daughter’s heart stop beating. At the time, Charlotte was having over 40 seizures a day. The seizures reduced her to a vegetative state and pushed her almost death.

A few years earlier, Charlotte had been diagnosed with Dravet syndrome. It’s a rare form of severe epilepsy with no known cure. It lasts a lifetime and often kills young children.

Charlotte’s parents had tried everything to help their daughter. They made lifestyle changes. They gave her powerful prescription drugs. But traditional drugs only made the situation worse.

At one point, Charlotte could no longer walk or talk. Eventually, she couldn’t even eat. Doctors said the only option was to put her in a medically induced coma.

Desperate, her father researched alternative treatments. Eventually, he discovered a video about another family with a young child suffering from seizures. Medical marijuana was the one thing that worked for them.

Initially, Charlotte’s parents thought medical marijuana was impractical because of its complicated legal situation. Nevertheless, they decided to pursue it. They’d already exhausted every other option.

The first step was relocating to Colorado, one of the first states to legalize medical marijuana. Then, they had to convince two doctors to prescribe it. The state requires two doctors to sign off on marijuana prescriptions for children.

Both doctors were reluctant. But they knew Charlotte was on the brink of death. So they gave it a shot.

Prescription in hand, Charlotte’s parents still needed to find a special strain of cannabis – one with a low amount of THC (the compound that gets people high), but a high amount of CBD (cannabidiol).

CBD has medicinal properties, but no intoxicating effects. Doctors think it can help stabilize chemical and electrical activity in the brain, producing an anticonvulsant effect.

Eventually, Charlotte’s parents found growers who could help. After years of crossbreeding a strain of marijuana with industrial hemp, they had developed a strain with less THC and more CBD than typical varieties of marijuana.

The next step was extracting the oil from the dried cannabis flowers. Then they could give the cannabis oil to Charlotte.

The results were shocking. On the first day of treatment, she didn’t have any seizures. None. Normally, she would have had over 40. Using the cannabis oil, Charlotte went a week without seizures. Without it, she normally would have had over 300.

It didn’t take long for Charlotte to start eating again, then feeding herself, then talking and walking. Within a year of starting CBD treatments, Charlotte learned how to ride a bike. Charlotte has continued to take CBD treatments daily. Now, six years later, she lives a mostly normal life.

The marijuana growers that grew the high-CBD, low-THC strain of cannabis for Charlotte named it “Charlotte’s Web.”

According to the latest study by the Denver Health specialists, the patients will be divided into two groups—those who have seen seizure activity reduced by at least 50 percent on Charlotte’s Web and those who have had less dramatic or no results from taking the marijuana oil. Genetic analysis of the patients in both groups will then be performed in hopes of discovering what genetic components may cause a patient to be responsive to medical marijuana. Interventional studies, in which patients would be given Charlotte’s Web to measure its efficacy, are far more difficult to conduct. “That would be the Holy Grail,” says Maa.

Still, researchers on the CU Anschutz team will collect data on dosages used by patients in the study, for example, which could allow for further research down the line. “The more data we are able to collect in a large sample, the closer to the truth we will get,” says Maa. He says the study could allow children with Dravet Syndrome to be genetically screened before taking Charlotte’s Web so parents could know ahead of time if their children would benefit. It’s possible to conduct the study in Colorado because Charlotte’s Web is grown there legally and is home to many families who have moved to the state to specifically to access the marijuana strain.

Well, speaking about the US authorities, shortly after the FDA approved Epidiolex, the Drug Enforcement Administration (DEA) confirmed that some sort of rescheduling of cannabis could be imminent. This has to happen before U.S. patients can actually get Epidiolex.

The public affairs officer for the DEA recently told the media: “We don’t have a choice. […] It absolutely has to become Schedule II or III.” I expect this to happen before October.

Earlier this year, U.S. Senate Majority Leader Mitch McConnell – the most powerful Republican on Capitol Hill – introduced a bipartisan bill to legalize industrial hemp nationwide.

For example, the former President Barack Obama administration once took a position of non-interference and allowed each State to control the implementation of its own laws. However, in the Trump administration, the post of Attorney General was taken by Jeff Sessions, who is in 2016, as a Senator from Alabama, made the following statement: "Good people don't smoke marijuana."

The equivocation of Sessions during the hearings in the Senate on the approval of his candidacy only further confused the situation. On the question of the Senator from Vermont State Patrick Leahy about whether he plans to use Federal resources for the investigation and prosecution of sick people who use marijuana under local law in cases when it may violate a Federal law, then a candidate for Attorney General said: "I'm not going to say that I will never fulfill the Federal legislation, Senator Leahy, but, really, there is a problem of resources of the Federal government".

Martin Adamian believes that, with adequate independence and freedom to determine the Agency's future policy, an official like Sessions may try to enforce Federal marijuana laws that could lead to new raids -- even if the state itself permits cannabis use.

In the marijuana industry, it’s best to not lose optimism.

"If we stick to the theory that the government fulfills the people’s will, and take into account the fact that the marijuana industry is experiencing rapid development and growth, operating within the law and demonstrating its potential, I think we have every reason to think about the future with optimism," said Daniel Yee.

Speaking about McConnell proposal, the bill passed the Senate in late June in a landslide 86-11 vote. It still needs to pass the House – and President Trump needs to sign it – before it becomes law. Both are likely to happen within a matter of weeks.

Giant Marijuana Markets

Once again, in the US, it has only been legal to grow and sell cannabis for medical purposes since 1996. Today, doctors can prescribe it to patients in 24 States.

At the end of 2012, the use of cannabis for recreational purposes, that is, for rest and stress relief, was allowed in the States of Washington, Colorado, and Alaska. Already in 2013, 58% of Americans voted for the legalization of marijuana. And today most of the US has now made this step.

Not surprisingly, in early 2014, many experts called the cannabis production one of the fastest growing industries in the US. According to the ArcView Group, the volume of the legal marijuana market in 2017 increased by 7% to $2.7 billion. According to forecasts, in this case, the weed market will reach $11 billion by 2019.

Today marijuana buying in a specialty store in Los Angeles is like going to an expensive liquor store. Each jar in the store windows has a description of the fortress of the product; there are dozens of products on the shelves with the addition of cannabis – from baking to bath foam.

Market research suggests that the U.S. CBD market is currently worth around $140 million. And it could easily skyrocket to over $1 billion within the next three years.

According to the AngelList resource, today in the world it registered 481 marijuana start-ups, the average cost of each is estimated at $3.5 million.

In addition to the cannabis production and sale, it is also about the distribution of herbal cosmetics, food based on cannabinoids, as well as medical research. More than 800 investors are ready to support this business, including the founder and co-author of Techcrunch resource Michael Arrington and Top Manager of Google Jeff Huber.

One of the first marijuana companies was founded in 2010 by Leafly Company, which was engaged in the systematization of different varieties and description of their properties. Very quickly, the resource has grown into a major global online encyclopedia of marijuana, and just a year later it was bought by the investment Privateer holding company. In 2014,  the total rental income of the Privateer Company amounted to $ 11 million, versus 1.2 million a year earlier, and in 2015 the company earned more than $100 million and received its first profit.

Various consulting agencies also actively offer their services in cultivation, possession, and the opening of the corresponding points. For example, the GreenZipp Company has offices throughout America that allow the hemp production, and are willing to help in a full-fledged organization of a 'green' business.

The Marijuana Investment Corporation (MJIC) has provided support to beginning weed businessmen. The company's analysts monitor exchange indicators for the largest representatives of the marijuana business and make the "marijuana index" on their basis, and also in financial transactions. 

Alliance One International — a large tobacco firm — recently bought a 40% stake in a hemp producer for $10 million. Alliance One said it made the move to become a major producer of CBD.

Marijuana-themed Mobile dating apps, which connect fans of cannabis, have also become popular. One of them called Mass Root, which was created for Denver residents, has already managed to attract $1 million from investors. Another is called High Theme, and it works throughout the US, and in fact is like Tinder.

However, many investors are not yet ready to invest heavily in the cannabis business. Although the ArcView group predicts the legal marijuana market will grow by more than 90% by the end of 2018, still most capitalists are still very cautious about such prospects.

"Most cannabis companies can't provide clear sales statistics, and thus to demonstrate their work. You should be able to tell me why I should invest without even identifying the product," said in 2016, Bill Decker with data analysis firm Cliintel Capital Group. According to his view, startups still care about their final product, but not about the right business plan and the final income.

"Just because cannabis is hot doesn't mean it's any easier to start a business," he added. "Fundraising, getting sales, marketing — those things are just as tough."

This, of course, is just the beginning. Once hemp is legal at the federal level, expect the CBD oil market to explode.

Hemp – Marijuana. You can't choose

The US Plans to Allocate 20 Tons of Marijuana to Fight Alcoholism

Hemp and marijuana are the same plant species, Cannabis sativa. However, they are separate strains with distinct compositions and uses.

The strain mentioned above "Charlotte's Web," was made from cannabis.

Hemp has negligible concentrations of THC. It’s pretty much impossible to get high from it. It also has a higher CBD content than marijuana. This is why it’s particularly useful for producing CBD oil.

Industrial hemp fibers are also exceptionally strong. This gives the plant a wide variety of uses.

Americans already spend over $700 million on retail products that contain hemp every year. You can see the breakdown in the graph below.

The US Plans to Allocate 20 Tons of Marijuana to Fight Alcoholism

Bear in mind, the Controlled Substances Act makes certain parts of any cannabis plant – regardless of its THC content – an illegal Schedule I substance. This includes hemp.

However, certain components of the cannabis plant, like the mature stalks, aren’t considered illegal. But you can’t grow the legal parts without also growing the illegal parts.

Hemp products sold in the U.S. are all produced abroad – mainly in China and Canada. U.S. companies then import the legal components for various uses.

Nevertheless, it is possible that very soon, by the beginning of 2019, everything may change dramatically in this regard. To do this, we only need the Government decisions.

If McConnell’s hemp legalization bill becomes law, it would open the floodgates for hemp production – as well as CBD oil extraction – on a massive industrial scale in the U.S.

And according to experts, the cannabis market could easily grow 10 times larger in the years ahead. Shares of select publicly traded companies in the CBD industry could surge even higher.

In fact, according to most analysts, President Trump will soon make a clear decision on the issue of marijuana legalization. And we suspect his decision may come as a surprise to many.

Author: USA Really