Texans for Responsible Marijuana Policy, a coalition that includes NORML and a couple dozen other groups, is prioritizing two bills this year: one that would decriminalize possession of small amounts of marijuana and another to legalize marijuana for medical use.
Rep. Joe Moody, D-El Paso, is sponsoring the decriminalization bill for the third time. In 2016, more than 66,000 Texans were arrested for marijuana possession, according to the Texas Department of Public Safety. Moody hopes to cut this down by replacing the criminal penalty for possession of an ounce or less of marijuana with a fine.
Continue reading “What New Marijuana Laws Might Pass in Texas This Year?”
2018 was the year CBD was on everyone’s lips, thanks to plenty of media buzz and the suddenly-ubiquitous presence of an array of CBD-infused beverages, lotions and self-care products. It was also the year “CBD gummies” reached No. 3 on Google’s most popular search terms. And I’m willing to go out on a limb that a significant portion of those searches were made by Baby Boomers.
Cannabidiol (CBD), a non-intoxicating compound found in cannabis, is being touted as a natural remedy for chronic pain, insomnia, depression and anxiety, among other conditions. The research to prove CBD’s therapeutic outcomes is still largely forthcoming. But even without the science, it’s no wonder that adults over 50, who suffer most from these conditions, are behind one of the fastest growing market segments for CBD products.
Continue reading “For Baby Boomers, 2018 Was The Year Of CBD. Get Ready For 2019”
When the Texas legislature goes into session on Jan. 8, the legalization of medical marijuana is certain to be a hot-button issue. Noting that it is already legal in 33 states and the District of Columbia, Sen. Jose Menendez says the time has come for Texas to make its use legal here. Continue reading “Texas Lawmaker Calls for Legalization of Medical Marijuana”
This has been a transformational year for the cannabis industry, one that investors will possibly never forget. Although it’s been a bit rough on the investment front, with the Horizons Marijuana Life Sciences ETF, a basket of more than four dozen pot stocks, losing approximately 40% of its value, 2018 has been a year of gained validity for the cannabis industry.
Continue reading “Merry Christmas: Hemp and Hemp-Based CBD Are Now Legal”