420 with CNW – Ontario Golf Course Set to be the First Marijuana Themed Course in Canada

Rolling Greens, a golf course found near Smith Falls in Ontario, is set to take the “green” in its name to a whole new level by becoming the first golf course to allow cannabis smoking on its grounds.

Gordon Weiske, the Director of Entertainment at the golf course, revealed that while other people were clamoring to acquire licenses to grow or retail cannabis, Rolling Greens decided to be different and become a golf course with a cannabis theme.

He says that they decided to allow golfers to enjoy cannabis while playing the game. While strict rules prevent the consumption of cannabis in public, golf courses are free to make their own rules. Besides, smoking is allowed on golf courses, and cannabis smoking is usually allowed in places where one can smoke a cigarette.

The management of Rolling Greens therefore decided to take a different approach from other golf courses that banned smoking marijuana on their grounds. Rolling Greens felt that there was no reason to ban cannabis smoking if cigarette smokers are allowed on the property.

Currently, there is no cannabis sold at the golf course, so users have to carry their own cannabis products if they wish to enjoy cannabis at the golf course.

Rolling Greens doesn’t just want to be known as a golf club where one can smoke weed. They have set their eyes on bigger things.

For example, they intend to set up an age-restricted entertainment park where a mini-putt, drive-in movie theatre and virtual reality games will be available.

Such a facility will be easy for them to create because the golf course sits on a massive 164 acres of land. Space is certainly not one of the problems they face.

The golf course also has plans to partner with cannabis producers who will then set up their own sponsored theme on one of the holes of the golf course.

It should be noted that this golf club hasn’t always been called Rolling Greens. This name was introduced as part of a rebrand of the facility after it was acquired by new owners. Previously, the golf course was called Lombard Glen Golf and Country Club.

In effect, Rolling Greens is approximately two months old. The club intends to host a soft launch on April 20 to give clients and fans a chance to sample what the facility has to offer. Bigger launch events will also be held over the coming months.

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) and ChineseInvestors.com (OTCQB: CIIX) congratulate Rolling Greens upon their trailblazing activities that are widening the boundaries of the cannabis industry while creating new opportunities.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Georgia House Votes to Allow Medical Cannabis Oil

The Georgia House of Representatives voted last week (March 5) and passed a bill intended to regulate the manufacture and sale of medical marijuana oil. This bill now goes to the state senate for consideration before it becomes law.

The existing regulations in Georgia don’t allow the cultivation, manufacture or sale of cannabis oil, and this has left patients using medical marijuana in the state with no source of cannabis oil even if the laws allow the use of that oil as long as its THC content doesn’t exceed 5 percent.

House Bill 324 is geared at changing that so that patients who enroll on the medical cannabis program can access medical cannabis oil.

Once the bill is enacted into law, the 8,400 patients who have so far registered in the medical cannabis program of the state will be able to buy cannabis oil from one of the 60 medical marijuana dispensaries in the state.

Allan Powell, the Republican chair of the committee that initially considered the bill before sending it to the entire House for a vote, said that he was happy that a legal avenue was being created for qualifying patients to access marijuana oil.

He added that it was hypocritical to pass a law stipulating what kind of cannabis oil patients should use yet no mechanism was put in place to make it possible for patients to access that oil.

House Bill 324 sets the bar high for companies that would like to participate in the medical cannabis industry of the state. For example, large companies will have to pay $150,000 for a license while smaller companies will have to fork out $37,000. It will cost $30,000 to get a license to operate a medical cannabis retail business.

Renewing those licenses will not be any easier either. The fees for this range between $10,000 and $50,000. The businesses had better attract a large volume of sales if they are to thrive despite these high license acquisition and renewal fees.

Meanwhile, the bill still has opposition outside the chambers of the lawmakers. For example, the Georgia Sheriffs’ Association led by Terry Norris has described the bill as something that will take the state down a dangerous and treacherous path that may end into kids using marijuana while adults will eventually switch from cannabis to more dangerous drugs.

Such scaremongering isn’t new, but it may amount to nothing since even the Governor has promised to sign the law once it is passed by the senate. Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) and ChineseInvestors.com (OTCQB: CIIX) hope that the legislation will be passed and implemented expeditiously so that patients and investors don’t have to wait any longer than is necessary for them to access medical cannabis oil or the opportunities the industry offers.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – New Hampshire Cannabis Legalization Movement Gets First Victory

An effort to legalize marijuana in New Hampshire has scored its first major victory as the House has passed a legalization bill. House Bill 481 got 209 votes while 147 lawmakers voted against the bill.

The bill seeks to make it legal for people aged 21 and above to grow and possess cannabis for recreational use. The possession limit has been placed at an ounce. The bill also outlaws the sale of the marijuana grown by individuals. In its place, regulated retail businesses will be allowed to operate within the state.

The bill also imposes a $30 tax on each pound of cannabis flower sold by the licensed retailers. This decision to tax marijuana by weight is a smart move because it cushions the state from any shocks to its revenue in the event that cannabis prices plummet as has been the case in some jurisdictions.

While the victory in the House should be celebrated, cannabis advocates in the state know that the battle hasn’t been won yet. The Governor, Chris Sununu, has vowed to veto any cannabis legalization law that reaches his desk. To him, marijuana legalization in any form is a bad idea that he will oppose using any means at his disposal.

New Hampshire law does provide a way out if the legislators feel differently from a governor on any issue. That legal outlet is a massive vote in the House in favor of the issue in contention.

However, the cannabis legislation bill was passed in the House without the two-thirds majority needed to insulate that bill from a veto by the Governor.

All the same, the House bill is now headed to the state senate where it will be discussed and modified or voted upon in its present form.

Just as is the case for a House bill, a two-thirds majority vote in the senate is required to override a veto by the Governor. This means that at least 16 of the 24 members of the state senate are required to cast their vote in support of the marijuana legalization bill.

The work of cannabis supporters is therefore clearly cut out for them. They need to work tooth and nail to convince enough state senators to support the bill. For now, it isn’t clear whether the senate will make changes to the bill, pass it and then send it back to the House for a vote on the new language of the bill. The second vote can give representatives a chance to improve the 59 percent support the bill garnered earlier.

All that the cannabis industry, including Canopy Rivers, Inc. (TSX.V: RIV) (OTC: CNPOF) and ChineseInvestors.com (OTCQB: CIIX), can do is hope that the stalemate between the Governor of New Hampshire and the lawmakers is resolved in a way that benefits the people.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Demand Soars as UK Customers Fear CBD Drinks Ban

The Food Standards Agency (FSA) in the UK has triggered panic buying after it announced that CBD drinks fall under the “novel” products category as stipulated by the EU. This classification means that such “novel” products can only be available for sale after being tested and approved.

2018 saw an explosion of CBD-based products on the UK market. These included CBD chocolates, sweets, cakes and even pet products. All these products hit the market amidst a rise in the popularity of CBD.

However, January saw the FSA vowing to exert more control over CBD products on the market. It called on local authorities to work with it to remove any CBD products that were being sold without undergoing the required public safety tests.

As a result of that announcement, customers are rushing to bulk buy CBD drinks just in case the regulator makes good on the threat to pull CBD products from retail shelves.

Green Monkey Drinks (the first UK company to make carbonated CBD drinks) revealed that its online sales have jumped by 8,000 percent ever since the FSA made its ruling. They believe that this rise in sales can be attributed to customers who are trying to stockpile CBD products.

Green Monkey Drinks expressed disappointment that the Food Standards Agency hasn’t been in touch with the different companies that have invested heavily in the CBD industry. The drinks maker believes that the regulator hasn’t taken the right decision given the fact that the World Health Organization has just asserted that CBD is safe and should therefore not be subjected to any international controls.

For its part, the FSA insists that its decision is based on the changes that were made to the Novel Food Catalogue of the EU. The EU says players in the CBD industry failed to prove that CBD products have a history of consumption dating back to 1997 or earlier within the EU. This means that CBD is a novel product which should not be allowed on the market without undergoing safety testing and approval.

The FSA therefore wants to find a way forward in light of the decision made by the EU. They intend to meet different stakeholders, such as CBD product manufacturers and local authorities in order to clarify how the different players will execute their role in ensuring that the CBD industry complies with the existing laws.

ChineseInvestors.com (OTCQB: CIIX) as well as Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) hope that the UK regulator finds a solution that addresses the regulatory needs without stifling the nascent CBD industry there.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Why the US is Unlikely to Legalize Cannabis in 2019

The year of 2018 registered some major wins for marijuana (Canada legalized recreational cannabis, the FDA made history by approving a cannabis-derived drug, more states legalized marijuana, public opinion is at an all-time high in favor of legalization, etc.), and that has led many cannabis advocates to expect 2019 to bring even better news along the lines of the U.S. federal government legalizing marijuana. However, this is unlikely to happen this year for a number of reasons.

The Senate isn’t Warm to Marijuana

While Congress is now dominated by Democrats (and Democrats have a history of being friendly to cannabis law reform), the Senate is still firmly in the hands of Republicans. Even the recent polls that show massive support for cannabis legalization reveal a small majority of Republicans supporting legalization (53 percent, according to the latest Gallup poll) while Democrats (75 percent) support the end of cannabis prohibition. This means that even if Congress passed a bill to legalize marijuana, such a bill is unlikely to make it past the Senate this year.

Marijuana isn’t Yet Divisive Enough to Cost Politicians their Jobs

The elected representatives on Capitol Hill don’t yet feel that their position on marijuana can cost them their jobs. Some opinion polls conducted last year discovered that a large majority of people (82 percent) would still vote for a politician even if that candidate had a different view on marijuana from that of the voter.

What such polls show is that politicians are unlikely to take the public’s views on marijuana seriously if the voters don’t put their representatives on the spot over the issue. Consequently, it is unlikely that marijuana will be legalized federally, unless the subject becomes so polarizing that political offices can be lost or earned based on this one issue alone.

There’s Money Involved

The role of money also rears its head on matters of cannabis legalization. Under the present legal framework, marijuana companies are subjected to very high corporate tax rates (as high as 90 percent). This is because such companies cannot claim corporate tax deductions since they deal in a substance that is federally illegal.

Legalizing cannabis would change the section of the tax code applicable to pot companies, and the federal government may lose approximately $5 billion over five years in corporate taxes from these companies. The federal government may be unable to recoup this money from the federal excise tax on legal marijuana sales since some states already have very high state-level excise taxes on cannabis, hence any increase can effectively be an advert for the cannabis black market. So, 2019 may not be the year for cannabis legalization at the federal level until a solution to this money conundrum is found.

While the issues above appear to be serious individually, the views of the voters can trigger a dramatic shift in the way cannabis is regarded at the federal level. The cannabis industry, including ChineseInvestors.com (OTCQB: CIIX) and Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) can only wait for that time when pressure from below forces the federal government to end cannabis prohibition.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Massachusetts Legal Cannabis Sales Hit Nearly $24M during First Two Months

Massachusetts started retail sales of recreational marijuana on November 20 and nearly $24 million worth of cannabis has so far been sold in just two months, according to statistics released by the state.

The data released by the Cannabis Control Commission shows that cannabis products worth $23.8 million were sold by licensed dispensaries in the maiden two months since retail sales started.

The statistics also show that retail sales have been booming since the first day of legal recreational cannabis sales. For example, the two dispensaries that opened on the first day of legal sales made about $2 million in retail sales during the first five days when they were open.

Each retail sale attracts a 20 percent tax with 3 percent of that tax going to the local authorities while 17 percent goes to the state. You can therefore calculate how much tax Massachusetts earned from the sales made during the first two months after legal sales started.

It is also worth noting that Massachusetts is the first state on the East Coast to permit recreational marijuana. The population there has responded overwhelmingly to this new development.

For example, Cultivate, one of the first dispensaries to open in Leicester, attracted such large numbers that the city held an emergency meeting to discuss how to control traffic in the area. About 1,000 customers have been visiting the retail outlet each day.

Cannabis is such a hit in the area that people flag down each other to ask for directions and everyone knows where to buy marijuana.

Does this large number of customers affect customer service at the retail outlets? Not at all, if the reports from clients are anything to go by. Many reported that everyone was served properly and it was easy to make a purchase.

One Leicester resident even said that he flagged down a cop to ask for directions and found it pleasantly weird to ask a cop for directions to where pot could be bought!

The statistics of the people who are visiting the current dispensaries each day point to the possibility that not enough retail outlets have been licensed in the state, or not all that have been licensed have opened for business. Nevertheless, business is being conducted smoothly, which is a totally different story from what is happening in Canada. ChineseInvestors.com (OTCQB: CIIX), Canopy Rivers Inc. (TSX.V: RIV) and everyone in the cannabis industry hopes that the Canadian supply issues will soon end so that customers there can enjoy what those in Massachusetts are enjoying.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Four Issues New York Needs to Agree Upon Before Legalizing Recreational Cannabis

While Gov. Andrew Cuomo says that a law legalizing recreational marijuana is likely to be passed this year, legislators still have a lot to do before the details of what form legalization will take shape up. The following issues are some of the sticking points that are likely to generate a lot of debate as a law is finalized.

What Role Will Local Governments Play?

You cannot think about legalizing adult-use marijuana without considering how to factor in local governments. It isn’t yet clear whether the law that will be passed will give local authorities any power to accept or refuse recreational cannabis businesses in their jurisdiction. California granted local authorities the right to determine whether retail outlets will operate in their jurisdictions or not.

However, Massachusetts took a different approach and centralized the issuance of retail licenses. Either approach has its own pros and cons. For example, California licensed hundreds of retail outlets while only a handful are so far open in Massachusetts. So, which direction will New York take on this matter?

How Much Tax Will Be Imposed?

The issue of taxes is a major one because taxes are one of the reasons why proponents have been advocating for the legalization of recreational pot across the U.S. However, it is hard to build consensus on what rate should be used to tax recreational marijuana.

While a low rate is attractive and can pile pressure on the black market, it has the downside of potentially failing to raise sufficient revenues to meet the cost of regulating the industry as well as fund other state priorities, such as rebuilding the aging infrastructure.

Conversely, a high tax rate has the potential of generating the target revenues for the state, but will buyers play along? Price-sensitive consumers may find it easier to drive to nearby states for more affordable cannabis, or they may opt for the black market. Then, where will the tax money be spent? Opinions abound on this matter as well.

How Will the Market Be Regulated?

Numerous proposals have been fronted regarding how or more specifically who should oversee the recreational marijuana industry. Some people think that the Department of Health should be in charge since it is already handling medical cannabis. Others are of the opinion that a new body should be built from the ground up just for the recreational market.

Which way this debate finally goes may determine how soon New Yorkers can legally buy recreational marijuana within the state.

Where Will the Cannabis Be Consumed?

It is also not yet clear where and how the recreational cannabis will be consumed. For example, will it be acceptable for adults to smoke a joint in public, or will they be restricted to doing so in the privacy of their homes? Will cannabis cafes similar to what is in Amsterdam be permitted in New York? Will edibles and concentrates be legal as well, or these will be addressed later?

As you can see, the legislators have their work cut out. New Yorkers, and industry players like Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) as well as ChineseInvestors.com (OTCQB: CIIX) hope that a speedy resolution to all the sticky questions is found so that New Yorkers don’t have to wait for too long before they can access marijuana legally.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Want to Make Money in 2019? Think About These 3 Cannabis Trends

As the year comes to an end, many investors are evaluating their portfolios and are planning how to reallocate funds from losing investments to other avenues where the earning potential is higher. If you plan to make money from the cannabis industry, read on and discover the three trends that you can consider as you make your 2019 investment allocations.

Think Small

Seasoned investors know that the worst time to acquire interests in an entity is when the price is at its peak, because that means that a market correction will soon happen and latecomers will lose out.

Similarly, people who are planning to invest in the marijuana industry need to move away from the large-cap companies and examine the small-cap companies. There is logic in this approach because many of the large-cap entities are most likely to have partnered with a large entity in the past year (2018), so their shares are likely to have hit an all-time high.

Instead, think of smaller companies, such as those valued at less than a billion dollars. Such companies may have better prospects going forward because you will be positioned to get a slice of any gains they make when big players come knocking to acquire a stake in those companies.

However, you also need to be cautious and avoid very small companies, such as those valued at less than $200 million because the long-term survival of those companies may not be certain as yet.

Look to Auxiliary Companies

It may also be a smart move for investors to put some money in companies that complement the companies involved with the cannabis plant directly. For example, a good place to start would be the companies that provide packaging materials to the cannabis industry. These auxiliary companies are a good investment choice because they will grow as the industry grows, and they often have a foot in other industries, so they are a smaller risk when compared to the companies which “touch the plant.”

Slot CBD In

Cannabis drinks are likely to take the world by storm, and many of them will not cause a high. That means investing in a company that has interests in CBD (from industrial hemp, for example) may line your pockets as the popularity of CBD oils and drinks reaches feverish level in the years to come. Current trends point in this direction, especially after hemp was legalized by the federal government and more states are legalizing either medical or adult-use cannabis.

As always, do your due diligence before making an investment decision. You can start by watching the journey of Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) and ChineseInvestors.com, Inc. (OTCQB: CIIX) in order to get an idea of the historical trends for cannabis companies, and then branch out in the direction that you think holds most promise to you as an investor.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – Nebraska May Vote on Medical Cannabis in 2020

Two legislators in Nebraska have announced plans to put medical marijuana on the ballot in 2020 if lawmakers don’t pass a medical marijuana law in the session due to begin in January 2019.

State Senators Adam Morfeld and Anna Wishart announced that they had formed a group, Nebraskans for Sensible Marijuana Laws, to campaign and gather signatures for a ballot measure on medical marijuana.

The two legislators from Lincoln said that their campaign would be similar to what forced the issue in Utah, Oklahoma and Missouri during the recent midterm elections.

Wishart said that they were forced to register this committee after being frustrated by the inaction of the legislative arm in recent times.

The legislature in Nebraska is nonpartisan, but it is dominated by Republicans. Recent attempts to legalize medical cannabis have been blocked by these Republicans who cite different reasons for their actions.

First, they claimed that legalizing medical cannabis is a ruse to allow recreational use in the state. Secondly, some claimed that the medicinal benefits of cannabis are unproven, so there is no reason to pass enabling legislation over unsubstantiated claims.

Attorney General Doug Peterson and Governor Pete Ricketts are also opposed to the legalization of medical cannabis. That notwithstanding, Wishart plans to table another bill in the coming session as a final step before she calls on voters to have their say if the legislature blocks her bill.

This will not be the first time that voters in Nebraska are called upon to bypass the lawmakers on an issue. In 2014, a ballot measure resulted in an increase of the minimum wage after legislators rejected a bill on the matter. In November this year, voters again approved a ballot measure to expand Medicaid in the state when legislators were unwilling to do so. Before that, capital punishment was reinstated in 2015 through a ballot measure.

The two Lincoln legislators will not be on their own as they gather signatures to put medical marijuana on the ballot. The pair will have the support and the resources of the Marijuana Policy Project.

This non-profit was instrumental in the success of similar ballot measures in Utah, Maine, Nevada, Michigan and Massachusetts.  The group feels that it is inhumane to regard the patients who can benefit from medical marijuana as criminals.

The Marijuana Policy Project also believes that their campaign in Nebraska will be successful. After all, the people there already support the proposal to legalize medical marijuana. ChineseInvestors.com (OTCQB: CIIX) and Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) hope that the people, who are the final beneficiaries of medical cannabis, will be at the center of any discussions regarding whether or not to legalize medical cannabis in the state.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – New Zealand Passes Medical Cannabis Bill

The government of New Zealand passed the medical cannabis bill earlier today (December 11). The bill provides a legal defense to anyone prosecuted for consuming medical cannabis during the time when a scheme has not yet been established to regulate how medical cannabis can be accessed.

The bill stipulates that the regulatory framework for access to medical cannabis should be in place within 12 months after the bill was passed. In the meantime, those who are terminally ill and are undergoing palliative care or are otherwise in the final stages of terminal illnesses can use cannabis and rely on the legal defense provided in the bill should such patients ever be prosecuted for consuming an illegal substance (cannabis).

The third reading and eventual passing of the bill only became possible after three parties supported the bill. These were the Labor Party, the Green Party and the New Zealand First Party.

The Green Party only supported the bill after getting a concession that native strains of cannabis will be used rather than relying on imported varieties. The Green Party also pushed to have the Medicinal Cannabis Scheme established speedily, in any event not later than one year after the bill was passed.

New Zealand First pushed, and succeeded, in having the legal defense apply not just to patients having less than a year to live, but to all those undergoing palliative care.

Talking after the passing of the bill, Health Minister David Clark said he was delighted with the “most progressive” bill ever passed with regard to cannabis. He promised to do everything possible to ensure that medicinal cannabis would become increasingly affordable as the years go by.

Clark added that his ministry would draft a paper on the medicinal cannabis scheme and invite experts as well as the general public to contribute to this paper before the scheme is implemented. This draft will be ready early next year (2019).

However, the bill didn’t pass without opposition. The National Party initially supported the bill, but voted against it during the third reading in Parliament.

The National Party is of the opinion that the current bill effectively decriminalized marijuana without being explicit about it. Simon Bridges, the leader of the National Party, described the bill as an attempt at “decriminalization by stealth” because the bill doesn’t provide any guidelines regarding the implementation of the scheme.

For example, he wondered what a police officer would do in case that officer encountered someone smoking cannabis outside a school.

The National Party drafted its own National Bill containing a detailed plan of how medical cannabis can be provided without creating any unnecessary risks. For instance, their bill bans the smoking of paper-rolled cannabis and includes a photo-ID system to enable the eligible patients to access medicinal cannabis at pharmacies.

The plan suggested by the National Party may not go to waste, for its recommendations may be considered during the consultative process hinted at by the Health Minister. After all, both sides in this debate want a Medicinal Cannabis Scheme that works for all. ChineseInvestors.com (OTCQB: CIIX), Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) and other players in the cannabis industry would be glad to see the US pass legislation permitting cannabis in some form at the federal level.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com