As sales of recreational marijuana surge past medical marijuana in Colorado and Washington, many Americans are starting to wonder if this spells the end for medical marijuana, after all, medical is taxed at a much lower percent, making it the most economical choice. However, dwindling sales doesn’t mean the end, just the transformation medical marijuana needs. Yes, it means a change, but not all change is bad!
Research by GreenWave Advisors, LLC an investment firm that specializes in the marijuana industry has confirmed the dwindling medical marijuana sales. They also see downward trend continuing.
How far will it fall? Colorado could see the 114,000 registered patients in 2014 fall to 99,000 by 2020.
Nevertheless, with a 20 percent growth in the much higher taxed recreational marijuana, no one will miss any of
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Not everyone who has a medical marijuana card in the 24 states where it is legal really has a legit condition. These proud card carrying members distract from the true medicinal value of the cannabis sativa plant and that is a shame, because it has so many positive uses.
Of course, no one wants to diminish the pain relief it provides to everyone who uses it to relieve pain. What many doctors and researchers are pointing out is the outright lifesaving and changing properties, the plant provides special groups of human beings that are suffering from chronic conditions.
GreenWave’s Founder and Managing Partner, Matthew Karnes writes to CNBC,
"We believe that the medicinal use market will recalibrate when the pipeline of new, more targeted medications become available and as the medical profession gains more comfort in 'pushing' a marijuana treatment rather than a patient having to 'pull' a prescription."
This is good news for the medical side of the ‘business’ because it means more money, time, and concentration on the medical properties of the plant is now possible. The bias associated with ‘recreational’ marijuana harms the medicinal
Legalization of Marijuana has quickly become a controversial issue in America. In the United States, legalization of marijuana for medicinal purposes is spreading to the state level. For example, in November 1996, the people of California and Arizona voted to legalize marijuana for medicinal reasons. As a result of Proposition 215 in California, patients now smoke marijuana provided their physician recommends its usage. A prescription is not required, and marijuana continues to be illegal to prescribe. The Clinton administration responded that it “would not recognize these decisions, and would prosecute physicians who recommend or provide marijuana to their patients.” Although California and Arizona are the only two states to have already passed laws regulating marijuana usage, twenty-six states and the District of Columbia have laws and resolutions regarding marijuana usage. These laws and resolutions range from establishing therapeutic research programs, to allowing doctors to prescribe marijuana, to asking the federal government to lift the ban. Despite the states’ desires to have marijuana legalized for medicinal purposes, the US National Institutes of Health examined all existing clinical evidence about smoked marijuana and concluded that, “There is no scientifically sound evidence that smoked marijuana is medically superior to currently available therapies.”
In the 2015 article “What will Federal Marijuana Reform Look Like?”, Alex Kreit states how the current stance towards marijuana has changed. For this reason, a need for a new policy is necessary, as the present strategy of implementing laws on federal marijuana prohibition is no longer sustainable. This shift of mindset towards legalization of marijuana leads Kreit to say that legalization is inevitable. As an illustration, in 1996, the Drug Enforcement Administration and Congress opposed California’s approval of medical marijuana. In contrast, the year 2013 was when the Department of Justice announced new guidance to deprioritize enforcement of marijuana laws. Because of this shift, Kreit propose that efforts should go to crafting marijuana
Why isn 't marijuana legal in the United States? Marijuana could serve many purposes to the human body and the community. In 1937, the government issued the Marijuana Tax Act. This act immediately criminalized marijuana. This means you can not have possession of the drug for medical purposes or not. This act is still in effect today, but it should be repealed .
Medical marijuana is becoming increasingly popular with patient with chronic pain, cancer, HIV patients, and patients with epilepsy. Patients who use medical marijuana are able to use many different forms of
Strict approval processes are limiting the research necessary for such advancements (Medical Marijuana Research News). Despite federal and state illegalization, twenty-one states over the past decade have made advances to legalize marijuana for medicinal purposes (“State Medical Marijuana Laws”). It is time for Texas to acknowledge the benefits and eliminate the stigma surrounding medicinal marijuana. Medical marijuana should be legalized in Texas because of its’ medicinal benefits associated with many chronic diseases and the potential revenue the state could benefit from during this time of recession. Marijuana in America became a popular ingredient in many medicinal products and was openly sold in pharmacies in the late nineteenth century (“Busted-America’s War on Marijuana Timeline”).
Ever since marijuana’s introduction to the United States of America in 1611, controversy of the use and legalization of the claimed-to-be Schedule I drug spread around the nation. While few selective states currently allow marijuana’s production and distribution, the remaining states still skepticize the harmlessness and usefulness of this particular drug; therefore, it remains illegal in the majority of the nation. The government officials and citizens of the opposing states believe the drug creates a threat to citizens due to its “overly-harmful” effects mentally and physically and offers no alternate purposes but creating troublesome addicts hazardous to society; however, they are rather misinformed about marijuana’s abilities. While marijuana has a small amount of negligible effects to its users, the herbal drug more importantly has remarkable health benefits, and legalizing one of the oldest and most commonly known drugs would redirect America’s future with the advantages outweighing the disadvantages.
In the last fiscal year alone, marijuana brought 70 million dollars in tax revenue in the state of Colorado. Colorado was the first state to legalize marijuana recreationally in the fall of 2012, and since then three other states and the District of Columbia have legalized the plant. Based off of sales in states that have legalized marijuana recreationally, if all fifty states legalized marijuana, they would bring in a combined 3 billion dollars in tax revenue yearly. That much money from sales of the plant alone could help to stabilize the suffering economy. Moreover, the American Government would be able to control the plant and distribute it how ever they see fit. The economic growth marijuana legalization could bring to the United States outweighs any argument against
The debate on medical marijuana has been a controversial subject, mainly because people have an abundance of opinions and very little scientific research to back up either side of the debate. The most important question here is “will medical marijuana be used for medical purposes or will it be used inappropriately?” Unlike a person who uses marijuana for medicine or entertainment, some people use marijuana as a means of income. Honestly, marijuana sales are a very profitable business, but the problem is that there are still a numerous number of people who sell marijuana illegally. Usually with illegal sales of marijuana, also comes other illegal activity.
Millions of people are suffering needlessly because of the prohibition against using medical marijuana, Rosenthal and Kubby assert. They conclude that marijuana should be decriminalized. ”(Rosenthal, Kubby) Today, I am going to help you understand the real benefits of marijuana. By the time that we are through, you will be agreeing with me and will want to be a part of the effort needed by citizens to legalize such a beneficial drug.
Despite the 1976 ruling by the federal government that marijuana has “no acceptable medical use”, sixteen states have passed medical marijuana laws that allow for patient use o...
Marijuana is the third most common leisure drug in the United States after alcohol and tobacco. Millions of Americans smoke marijuana despite the strict laws against its use. Marijuana is less dangerous compared to tobacco or alcohol. Smoking marijuana can cause breathing problems and coughing just like cigarettes and some people get addicted after using for a while. Regulating and legalizing marijuana will bring Americas greatest cash crop under law, create economic opportunities and jobs in the formal economy as opposed to the underground market. Adopting a legally controlled market for marijuana will ensure that consumers buy the products from a safe and legal source. Marijuana has been approved in some states for medical uses to ease the effects of different health challenges. Colorado and Washington legalized m...
Most people want it legalized for health benefits while others may abuse the power of medical marijuana by a fake aliment to receive it so the risk of getting in trouble is less. The ones who are prescribed medical marijuana should try all the different options of medical marijuana. People need to realize it to help people who are in too much pain for regular medicine and they turn to this to help, not for fun personal
Two physicians, in a widely distributed opinion piece entitled “Marijuana Smoking”. as Medicine: A Cruel Hoax”, wrote; “While the reclassification of THC to. Schedule II might be understandable, this would not be the result of smoking. crude drug marijuana, which would as a result become more available and more.
For thousands of years human beings have attempted to find ways to get passed the struggles of their lives. With the pain of the world stopping people from enjoying simple pleasures, sometimes there is a need for help. Marijuana brings millions of people relief from the pain they feel on a day-to-day basis. This completely natural plant which helped so many people has puzzled the leaders of our nation for a long time. The THC in marijuana causes its users to experience a mild-huluciginic or high. The effect that marijuana has on a person has prevented the product from being legalized. Many other details about the plant, like the speculation of it being a gateway drug, have put another blockage on its legalization. Even though there are speculations about the plant, the benefit that it brings to the table most definitely out way its disadvantages. Marijuana can also alleviate several symptoms associated with cancer and Aids treatments and disorders. While Marijuana is effective as a medicine, it is also extremely lucrative. The economic benefits that Marijuana brings to the table are endless. Upon marijuana’s legalization, the economy would experience an immediate influx. Legalization of Marijuana would also drastically reduce crime in our cities and form a more productive society through its positive uses. The benefits that marijuana brings medically and economically are considerable enough to legalize its use medically or recreational.
There are so many different pharmaceutical drugs used for various treatments and they are very addictive, but it’s still legal.... ... middle of paper ... ... If it benefits others and helps them have a better life and to be pain free why uphold it and try to make excuses as to why it’s unhealthy when again there are plenty of legal drugs abuse and causes serious damage to a person mentally and physically. It’s a natural plant that even the Native Americans use as a source of healing, not to light up and get high for recreation.