Hope for legalized cannabis in California began in 1996, when voters approved the Compassionate Use Act, that enabled physicians to recommend marijuana to their patients. This November, voters approved Proposition 64; a measure that legalizes cannabis for adult recreational use and could signify hope for the end of the federal government’s war on marijuana.
For almost twenty years weed has in-a-sense been available to individuals over the age of 18 who are willing to pay for a medical recommendation which can be obtained without leaving their bedroom. It is as simple as logging onto a website, paying a few dollars and Skyping with a doctor. Dispensaries opened everywhere in cities like Los Angeles, which struggled to develop regulations.
Despite the fact it is simple to obtain; cannabis is still listed by the federal Drug Enforcement Administration as a Schedule 1 drug (with no accepted medical benefit), officially considered as dangerous as cocaine or heroin. No one has ever died from an overdose of marijuana. And medical literature, though research has been limited in this country by the federal ban, is rife with studies showing potentially beneficial uses for the drug.
Marijuana has been proven to be effective with certain types of intractable childhood epilepsy. It helps with nausea for chemotherapy patients; stimulates the appetites of people with AIDS. It is believed to assist with certain types of neuropathic pain. Many combat veterans experiencing PTSD use cannabis to ease symptoms. Professional athletes have preferred the benefits of cannabis over prescription drugs for chronic injuries.
There are some cannabis activists who reject the idea of marijuana being used recreationally. They feel it has medical use, even if that use is relaxation following a hard day’s work. In any event, following the legalization of cannabis, many Baby Boomers who used marijuana in high school and college, picked it back up. In various affluent circles, marijuana is as commonplace as chardonnay and carries about as much stigma.
For teenagers, low-income African Americans and Latinos, pot still functions as a gateway drug … to the criminal justice system. For police, the whiff of weed offered an excellent opportunity to stop, search, run license plates and arrest. The new law no longer allows this.
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3 comments
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All i want to know is how do i invest in this? I can’t get an answer. where can I put my money?
Reach out to your current broker or licensed financial representative. We’re not brokers but we will give information on public companies as well as the industry overall.