Backyard gardening has bloomed as coronavirus has forced us to stay home since the start of growing season this year. As Charlotte Mendelson wrote in April for the New Yorker, “There is no balm to the soul greater than planting seeds.”
Cannabis legalization should be a no-brainer for Democratic presidential nominee Joe Biden.
Despite the growing popularity of cannabis, there's limited information about what the substance can and cannot do. And with marijuana classified as a Schedule 1 substance in the U.S., it's nearly impossible for researchers to conduct studies on it. In Canada, however, pot's legal for both medical and recreational use. Researchers there are hopeful that a new study could help answer some of the uncertainties surrounding cannabis and its effectiveness in treating various ailments.
But first, we need to do these 5 things.
Billions of dollars are sitting at the doorstep of Capitol Hill, begging to participate in the economy. But with some wise moves by the Federal government and regulatory agencies, cannabis-generated revenue could be a significant answer to our financial crisis stemming from the pandemic.
A recent study examining the use of cannabis terpene formulation - NT-VRL on inflammatory conditions has had some promising results in treating cytokine storm syndrome caused by COVID-19.
Cytokine storm syndrome is a form of inflammatory response where white blood cells are activated and release inflammatory cytokines, which the activate more white blood cells. The syndrome can cause symptoms like fever, fatigue, and vomiting, but can advance to a point where a patient might need a ventilator to stay alive or might die.
More evidence of an industrial hemp bust appeared this week as Great Eastern Hemp seeks to unload a Broome County building it bought last year to process CBD.
Sale of the Johnson City industrial site comes eight months after the company sealed a $2.2 million deal to acquire the property with the expectation of outfitting the former sheltered workshop for hemp processing and storage. It marks the second enterprise to drop plans to process industrial hemp in Broome County.
Minnesota Sen. Tina Smith has proposed a federal legalization bill that would remove cannabis from the Controlled Substances Act and grant regulatory authority of the plant to the Food and Drug Administration.
Thirty-three states and the District of Columbia have legalized the sale or use of cannabis. Yet, the federal government is struggling to keep up, and cannabis legislation has been stagnant. As a result, there is no safe harbor in the cannabis industry, meaning there is no legislation that assures the safety of banking cannabis. So, many who enter the cannabis industry have preferred stealthier ways of banking. While banking workarounds to open, or compliant, banking may work, they come at a cost.
