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7 Easy Facts About Marijuana News & Videos - ABC News Explained

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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="" alt="Marijuana News Now - Nov20, 2020"><span style="display:none" itemprop="caption">Texas' Medical Marijuana Program Is One Of The Most Restrictive In The CountryAdvocates Hope The Legislature Will Change That– Corridor News</span>
<h1 style="clear:both" id="content-section-0">Not known Details About The Latest Cannabis News Today - Leafly<br></h1>
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<p class="p__0">Even with the restricted scientific trials offered, the National Academies of Science, Engineering and Medicine found sufficient evidence in 2017 to conclude that cannabis is reliable for dealing with chronic pain, multiple sclerosis, and queasiness from chemotherapy. The report also notes that since of federal restrictions on research study, the cannabis used in the studies bears little resemblance to the products that are commercially available in legal states, which come in various types with differing levels of THC and CBD.Marijuana's federal status likewise avoids cannabis services from accessing tax credits and write-offs and impacts how business owners raise capital, typically pressing them towards personal investors that might have less interest in little startups.</p>
<p class="p__1">business that peddle the plant generally can't trade on the NASDAQ or New York Stock Exchange, but several of the marijuana companies that presently have medical licenses in New York have decided to go public in Canada (Canopy Development, a Canadian business with a footprint in New york city, is alternatively able to trade on the NASDAQ)." Going This Site provides you some access to funds, but we're kind of separated north of the verge on the [Canadian Securities Exchange]," said Dr. Kyle Kingsley, founder and CEO of Vireo Health, one of the 10 licensed medical cannabis business in New york city. Vireo Health operates in other states, and Kingsley says he has the scale to absorb the extra expenses related to running a marijuana organization.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="" alt="Legal marijuana movement builds as more states change laws - ABC News"><span style="display:none" itemprop="caption">Group now pushing for marijuana legalization - Local News - </span>
<p class="p__2">Still, Allan Gandelman, founder of the New york city Cannabis Growers and Processors Association, states he's contrasted about changing marijuana's federal status prior to the New york city market is established. He promotes for small and mid-size cannabis growers and processors to go into the market and says if big, established cannabis brand names are enabled to deliver in their products before that happens, it could make it hard for them to contend." We would be at a serious disadvantage if tomorrow, they could simply begin importing cannabis from California," said Gandelman, who added that he's raising the problem with Schumer's office. "There would be no incentive for anybody to purchase the facilities for New york city cannabis farmers." The SAFE Banking Act, which intends to enable banks to handle cannabis organizations without fearing federal repercussions, previously stalled in the Senate but has been reintroduced this year with better potential customers.</p>

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