All posts by Heather Fazio

The cannabis industry: Growing pains for now, but success will come

BIV-CannabisIndustry“Representatives of the Baker Institute Drug Policy Program, in partnership with the South Texas College of Law, went to the Marijuana Investment Conference [Oct. 5-6th in Houston Texas] to talk to industry insiders about how they envisioned the future of the cannabis industry. Several common themes emerged. All of the attendees we talked to were excited about the profit potential for the emerging industry and cited the additional tax revenue and economic development opportunities as the greatest economic benefits to legalization.

“Not surprisingly, they also also favored a free-market legalization model, as distinguished from full state regulation, which is to be implemented in Uruguay in 2015. (Under the Uruguay model, the government will regulate marijuana production, sale, and consumption. Growers, sellers, and consumers will have to register with the Uruguayan government.) However, even though there was strong support for the free market model, several attendees also stressed the importance of the industry’s not becoming dominated by corporations and large-scale production. They also favored high-quality product standards, organically certified cannabis, and stringent testing for mold, mildew and other contaminants.”

Read more here: http://blog.chron.com/bakerblog/2014/11/the-cannabis-industry-growing-pains-for-now-but-success-will-come/

Sanjay Gupta Says Medical Marijuana Should Be Legalized Federally

CNN Worldwide All-Star Party At TCAIn the past year, Sanjay Gupta has made no secret of his support for medical marijuana.

A desire for policy change has always been implicit in that support. But in an exclusive interview with The Huffington Post on Friday, CNN’s chief medical correspondent called for full-scale federal legalization of medical marijuana in no uncertain terms.

“In terms of making this legal for medicinal purposes — yes, and there are both very pragmatic reasons and more subjective reasons for that,” Gupta said.

He added that federal legalization of medical cannabis should happen if for no other reason than to address the “ridiculousness of the refugee situation” in Colorado.

Read more here: http://www.huffingtonpost.com/2014/03/10/sanjay-gupta-medical-marijuana-legalization_n_4932277.html

UT/TT Poll: Few Texans Would Keep Marijuana Illegal

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Most Texans would support the legalization of marijuana for medical use, and close to a majority would support legalization for any use, according to the latest University of Texas/Texas Tribune Poll.

Only 23 percent of Texas registered voters said marijuana should be illegal in all cases. Another 28 percent would legalize it for medical use only, and 49 percent would legalize marijuana for any purpose, either in small quantities (32 percent) or in any quantities (17 percent).

Read more here: http://www.texastribune.org/2014/02/26/uttt-poll-few-texans-would-keep-marijuana-illegal/