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Cannabis Industry Could Reach Over $60 Billion in 7 Years

June 23, 2017 at 3:27 pm / Cannabis News, Cannabis Politics, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

It appears the booming legal marijuana market has no intention of hitting the breaks. According to a recent market research study from Ameri Research Inc., the global market will surge from $14.3 billion in 2016 to an estimated $63.5 billion by 2024. Fueled by what the report identifies as an increase in legalization across North America and Europe, as well as an increase in demand in cannabis for both medicinal and recreational purposes, the global market is projected to grow [...]

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Is WeedMaps Full of Fake Reviews?

August 30, 2016 at 9:54 am / Cannabis News, Cannabis Reviews, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana, Recreational Marijuana

Millions of consumers treat Weedmaps like the Yelp for pot, relying on the Irvine company as their definitive guide to marijuana dispensaries, varieties and doctors. But a key feature — user reviews of pot businesses — may be tainted by thousands of potentially fraudulent comments, a flaw in the company’s software revealed. Reviews on the site are pseudonymous, and visitors reasonably expect that each is written by a unique customer. But data that Weedmaps mistakenly leaked suggests a large proportion of a glowing remarks come from individual users leaving multiple reviews of a [...]

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Research Shows Medical Marijuana Effective Treatment for Multiple Sclerosis

May 2, 2014 at 11:54 pm / Cannabis News, Cannabis Politics, Cannabis Reviews, Medical Marijuana

With medical marijuana dispensaries set to open later this year in Massachusetts, a review of the latest research suggests that it can help alleviate multiple sclerosis symptoms such as pain, overactive bladder, and muscle stiffness. But the review, conducted by specialists convened by the American Academy of Neurology, found that marijuana does not help relieve the uncontrollable limb spasms that result from a drug used to treat Parkinson’s disease. And it concluded that there is insufficient evidence to know whether [...]

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Support for Marijuana Legalization Perplexing Lawmakers

July 19, 2013 at 4:29 pm / Cannabis Events, Cannabis News, Cannabis Politics, Cannabis Reviews, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

WASHINGTON — It took 50 years for American attitudes about marijuana to zigzag from the paranoia of “Reefer Madness” to the excesses of Woodstock back to the hard line of “Just Say No.” The next 25 years took the nation from Bill Clinton, who famously “didn’t inhale,” to Barack Obama, who most emphatically did. And now, in just a few short years, public opinion has moved so dramatically toward general acceptance that even those who champion legalization are surprised at [...]

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Shaping the Business of Legal Marijuana

December 13, 2012 at 12:05 am / Cannabis News, Cannabis Politics, Marijuana Legalization

This past election cycle, both Washington and Colorado approved the use of marijuana for recreational purposes. Supporters of legalization in both states celebrated by toking up in public. At the time, law enforcement agencies looked the other way. But that approach can’t last forever. Now it’s down to citizens, businesses, trade associations and lawmakers to figure out the best way for shaping the business of legal marijuana. We must roll out regulations and licensing protocol to allow for the [...]

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