With the growing marijuana industry, is now the time to purchase stock? We’re no market experts, but Cody Willard is. He writes for the Wall Street Journal’s MarketWatch, and recently posted a summary of the best and worst stocks to purchase in the marijuana industry.
Willard’s biggest warning is to stay away from penny stocks. Playing penny stocks will likely lose you money. Not to worry, though – he offers alternative investment options, especially those that will supply the more industrial-sized marijuana farms, like Lindsay and Calgon Carbon.
Lindsay Manufacturing is headquartered in Omaha, Nebraska. It’s the manufacturer of Zimmatic brand center-pivot irrigation systems, and also manufactures farm and construction machinery, as well as road and railroad infrastructure equipment. Calgon Carbon is located in Pittsburgh, Pennsylvania and offers products and services that remove contaminants and odors from liquids and gases.
Another suggestion from Willard? Keep an eye on Potash Corporation. Located in Saskatchewan, PotashCorp is the world’s largest potash producer and the third largest producers of nitrogen and phosphate, three primary crop nutrients used to produce fertilizer.
What to stay away from, specifically? American Green ERBB, GrowLife PHOT, Hemp HEMP, Medical Marijuana MJNA, and any other hyped-up penny stocks.
Last year in Illinois, the state voted to adopt a Medical Cannabis Pilot Program (MCPP). Although it formally began on January 1, 2014, a legislative committee finally approved rules this week. Soon, growers and retailers will be able to apply for permits and get the ball rolling.
Representatives sponsoring the legislation have been very complimentary of Governor Pat Quinn and his office for their sincere engagement in the process. According to them, seven months actually wasn’t a bad timeline for the work necessary to implement this pilot program, which included pursuing public feedback, researching, and writing rules. The program does end in 2017, though, so the quicker the program gets on its feet, the better. At this point, it will be spring 2015 before the drug is actually available.
So, the basics:
1. Qualifying patients include those suffering from cancer, glaucoma, HIV, hepatitis C, Lou Gehrig’s disease, Crohn’s disease, agitation of Alzheimer’s disease, muscular dystrophy, and more. There are a total of 30 conditions, but the law is still considered comparatively strict.
2. Beginning this September, patients should apply for a required medical cannabis registry identification card. Applications should take about 30 days to review.
3. Patients will pay $100 a year to apply for a medical marijuana card. Disabled people and veterans will pay $50.
More great news for Illinois – Jonathan Caulkins of Carnegie Mellon University made a rough calculation that the state’s annual sales of marijuana should range between $20 and $30 million. Growers will pay a 7% tax on their sales, and the state will also collect up to $6 million in permit fees annually. Makin’ bank!
Bob Morgan, the medical marijuana program coordinator for the Illinois Department of Public Health, answers questions after a Joint Committee on Administrative Rules meeting Tuesday, July 15, 2014 in Chicago.The committee approved bringing legal marijuana one step closer to reality for qualifying patients. Illinois is joining a growing number of states that authorize the use of marijuana for medical purposes. New York recently became the 23rd state to make medical marijuana legal. Photo: Stacy Thacker, AP
FYI – if the marijuana farm in Central Texas belongs to you, federal investigators are probably headed your way. A rancher from Chambers County recently leased some land from the Army Corps of Engineers and found something he didn’t expect – 5,500 marijuana plants worth about $2 million. Ouch. That loss is going to hurt.
Poor Geovany Soto. Last week, the Texas Rangers former All-Star catcher and Rookie of the Year was arrested for marijuana possession – just under two ounces, to be a little more exact. Soto has been on the disabled list all season after having surgery on torn cartilage in his right knee. Maybe he was just medicating!
Medicating or not, 31-year old Soto was pulled over for speeding in Grapevine, about a half-hour northwest of Dallas. He must have had a pretty dank-smelling car, because the cops searched him and found the pot. Soto tested positively for marijuana during the World Baseball Classic in 2009, but generally Major League Baseball doesn’t conduct regular testing. If players are found using it, they are referred to a treatment board that will determine whether a treatment program is really necessary.
No next steps for Soto yet, but he has been released on a $500 bail.
Celebrities and athletes getting busted for pot is always amusing. Soto apologized to his fans, his family, and the Rangers organization – but come on, Soto, who cares? No one’s really worried that it’s going to enhance your performance, let’s be honest. Plus, marijuana is a healthier, more natural pain medication. And maybe he was using it to fight depression, too, since it must suck to be injured and have to sit on the sidelines all year. So, hopefully this little incident won’t get in the way of his career.
(His eyes look really red in that mugshot, though, don’t they?)
Health-conscious tokers may be interested to know that MANGO is an excellent accompaniment to pot smoking, according to a recent article at Cannabis Culture. Apparently, myrcene molecules found in mango can “increase, strengthen and even lengthen” the effects of marijuana. Myrcene is a type of molecule already found in marijuana, and research shows that it’s partially responsible for the high by affecting THC in the brain.
While myrcene will make your high stronger, it also allows THC to pass through the blood brain barrier faster. According to Cannabis Culture, it takes THC seven seconds to reach the brain after inhaling, but extra myrcene from mangos can cut that time in half if ingested 90 minutes before smoking.
But mango isn’t the only food that contains myrcene. It can also be found in apricots, walnuts, Valencia oranges, lemongrass, verbena, hops, and the West Indian bay tree, which is used to make bay rum. No wonder hops smell like cannabis. So, we suggest you blend up a smoothie before your next toke, especially if you’re working with low-quality stuff, and see what difference it makes. Let us know!
Fruit is great for everyday smokers for other reasons as well. Inhalation of smoke can deplete B and C vitamins, as well as Calcium and Magnesium. But that doesn’t mean it’s impossible to be healthy and partake. Just a little bit of extra vitamins and minerals can go a long way. Make sure green vegetables are part of your diet, as well as citrus and healthy fiber. Some tokers prefer to take daily supplements to keep them at the top of their game.
Let us know if you try a little mango next time you smoke! We’d also love to hear your vitamin/mineral/diet regimen, if you’re up to sharing. Find us on Facebook or use the Comment section below!
TOMORROW is 7-10! And here are five reasons you should celebrate this underappreciated holiday that honors the beauty of oils and concentrates:
1. Your tolerance is rising, isn’t it? It’s okay. You don’t have to take a break to get it back down. With oils and concentrates, the level of THC is considerably higher (hence the name “concentrates”). Meet your rising tolerance with higher levels of THC!
2. Speaking of which, how about dabs?
3. Maybe you’re unhappy with the quality flower you’ve acquired, ormaybe you just want to spice up your experience. Put a little concentrate on top of the bud when you toke – make sure it’s the correct sativa or indica strain that you want – and it can make ALL the difference.
4. Baking with concentrates can make edibles more delicious and more potent!
5. Geek out with new pieces. You can vaporize concentrates and oils more smoothly than you can with bud – it’s both the tastiest and healthiest way to smoke. Or, again, getting into dabs means you can get into awesome rigs, bubblers, skillets, hash nails, vapor domes, or concentrate bowls. So many cool pieces, so little time!
These are our reasons for observing 7-10! And the BEST news is that you can come into either of our three locations tomorrow and get 30% off of oil rigs (non-heady) and 20% off all oil accessories, including nails, domes, carb caps, and extraction tubes!
Come down to the Glass House and spread the love for 7-10!
Happy post-Independence Day! We hope everyone enjoyed the holiday with family and friends, celebrating our many freedoms, practicing gratitude for those who pioneered the way for us, and taking some time to reflect on how Americans can continue eliminating injustice and promoting freedom.
Or, if you just drank a lot of beer and shot off fireworks, that’s fine too.
Now that the 4th of July is over, we can focus more fully on this week’s MUCH lesser-known, sort of made-up holiday of July 10th! As many of you know, 7-10 can be likened to 4-20…in that it’s a holiday dedicated to honoring a substance still illegal in many states. The difference, other than origin and date, is that 4-20 celebrates all things cannabis, and 7-10 focuses specifically on oils (hence the date 7-10, which is OIL backwards).
We think of 7-10 as 4-20 on crack (not literally!) because of the high concentration of THC in oils as opposed to bud. In recent years, dabbing has become an especially popular form of partaking in oils, and we’re sure tokers are happy to have any excuse to celebrate and experience the beauty of the dab…since one hit will go straight to the dome. High Times likes to call July 10th “Dab Day” for that reason.
Another reason to celebrate 7-10? It reminds us of the healing power of cannabis oil for children suffering from Crohn’s disease, epilepsy, and a number of other conditions.
You can bet we’ll have some things planned for the holiday, so YOU should plan to stop by one of our THREE locations this Thursday for a great time!
The High Times Bay Area Medical Cannabis Cup took place at the Sonoma County Fairgrounds in San Francisco this past weekend, with events going on all weekend culminating in an award show on Sunday night. Speakers included ministers, activists, journalists, cultivation experts and medical professionals, and even Harborside Health Center’s bud buyer.
As part of the weekend events, High Times presented its Lester Grinspoon Lifetime Achievement Award to Valerie and Mike Corral, the founders of the Wo/Men’s Alliance for Medical Marijuana (WAMM). WAMM is the nation’s oldest medical cannabis collective. After being raided by the DEA in 2002, which destroyed their crop of state-legal medical cannabis, several of their members suffered and even died as a result of being cut off from their medication.
Valerie, Mike, and other members of WAMM successfully sued the federal government and now their garden grows again. Congratulations to Valerie and Mike on this huge honor, and thanks both to them and WAMM for their hard work and advocacy, both in their communities and all over the states.
An entire list of the weekend’s award winners can be found at High Times, but below are some notable highlights:
1 – Cloud Penz
2 – Oil Slick
3 – Cloud V
1 – Hitman x Mr. Gray Torch by Hitman Gass
2 – Nexus Glass
3 – Pulse Glass
Cracker Jack – Santa Cruz Mountain Naturals
Chem Scout – IC Collective
Thin Mint Cookies – Gold Coast Collection (ummm, did someone say THIN MINTS?!)
Congratulations to all the winners! And don’t forget – if you’re interested in picking up some of the award-winning products and glass, we carry them here at The Glass House…now in three locations!
As more states legalize cannabis, more jobs will be created in the United States – jobs in production, distribution, and sales. Like working at a brewery, jobs in the marijuana industry sound pretty cool. But of course with all the high, creative minds out there, we expect to see the industry grow in different ways as well. We’re excited to see some new business models out there. For instance…
Do you believe that the movement of the planets can affect the happenings in our daily lives? Take Mercury, for instance. Three or four times a year, Mercury slows down and appears to stop and move backwards. It isn’t really moving backwards, but it does slow down significantly, and many people (people who don’t even believe in “this kind of thing”!) believe its retrograde impacts us.
We’re currently coming to the end of one of these retrogrades – one of the most intense weeks being THIS week. According to astrologers, Mercury rules over communication, clear thinking, truth, and travel. That’s why during the retrograde, people claim they experience strange travel delays and mix-ups with contracts and communication. Everything seems foggy, and as Mercury gets back to its normal pace, the air seems to clear.
Whether or not Mercury is really affecting us, we have you covered with coping mechanisms here at The Glass House!
During the retrograde, we recommend the following survival tips:
- Mind the glass! Mishaps and broken glass aren’t unheard of during this time. Of course, if you need new glass, we can help you out. But we’d prefer you not break yours in the first place!
- Take it easy. This isn’t a time for finalizing huge changes or signing contracts. If you have travel plans, add a little wiggle room for delay. Use this time to give yourself physical and emotional rest, especially with a little help from our friends – essential oils, shisha, and tobacco. A little toke goes a long way.
- Spend time with the ones you love. Communication might be hard during this time, and arguments may develop over stupid shit. The best remedy? Come together over a glass pipe or a hookah. There’s nothing like the peace pipe to make you forget what you were fighting about in the first place.
- Stargaze. I mean, why not? Toking and stargazing are two activities that go together like a fat kid and cake. Let Mercury’s movements remind you that there is an entire universe out there – and many, many universes beyond it. Any hiccups in your day, week, or month will never change the fact that you are made of stardust.
Whatever you believe, stop by the Glass House and let us help you out with all your smoking and toking needs!
On Friday, New York Governor Andrew Cuomo signed the Compassionate Care Act, finally legalizing marijuana for patients with one of a small number of medical conditions including cancer, multiple sclerosis, and epilepsy.
If you’ve been following our blog or news about this bill as it made its way through the state Senate, you know that its sponsors had to make several changes in order to satisfy Gov. Cuomo’s demands. Doctors can only prescribe the drug to patients with a limited number of conditions, and they can only prescribe edibles, oils and lotions – nothing will be smoked, and we are fairly certain no one will be seeing bud – just extracts.
As New York Daily News points out, this basically means that instead of giving medical doctors the permission to prescribe as they see fit based on their patients’ specific needs, the New York state government is giving them extreme restrictions. Basically, New York doctors, the government doesn’t trust your judgment. Because you know, it’s not like you spent years in school for this kind of thing, right?
So, when Gov. Cuomo says things like, “We believe this bill strikes the right balance” in regard to marijuana’s medical benefits and restrictions to curtail any risk factors, we think he’s pretty much full of shit.
The silver lining, though, is that medical marijuana will finally be an option for at least a number of patients suffering from chronic pain, effects of chemotherapy, epileptic seizures, and more.
Now, the State Health Department has up to 18 months to establish regulations, policies and procedures, including who can dispense and grow the drug. Initially, five organizations — both businesses and nonprofits — will be allowed to dispense marijuana, each at up to four locations around the state. The drug will be grown in New York, and the sales of it will be taxed seven percent.
Have you ever gotten lost in the world of the internet? Have you started with a legitimate Google search about something as simple as “how to fight a cold,” and after a series of rabbit trails and distractions, found yourself googling photos of action figures riding animals? We do it all the time, which you should have noticed if you’ve ever checked out our Facebook page (hint – check it out).
So anyway, rabbit trails like these are really the best explanation we have for why we decided to take on today’s topic of marijuana intoxication in cats and dogs. It’s a weird one, we know. But don’t pretend you’ve never wondered! Can they get high from secondhand smoke? What if someone blows it in their faces? What does it feel like? Does it relax them or give them anxiety? Does it kill their brain cells?
According to Pet Poison Helpline, dogs and cats can be poisoned by marijuana through secondhand smoke or through direct ingestion, with a toxicity level of moderate to severe. Over the past five years, Pet Poison Helpline has never had a marijuana-related pet death reported. A veterinarian in San Francisco, Eric Barchas, says that serious, long-term health consequences from pets ingesting marijuana are rare. So basically, if they’re just getting a little secondhand smoke, it won’t kill them, and likely won’t really hurt them either.
But, tokers should still be careful that their cats and dogs don’t take in too much of the drug. According to Dr. Barchas, symptoms can range from the typical “high” lethargy to anxiety, impaired balance, vomiting or diarrhea, and loss of bladder control. Although the drug itself may not hurt them, it’s possible that they could injure themselves or become dehydrated due to their lack of coordination.
Barchas also points out that people who know their pet has had exposure to marijuana don’t feel comfortable telling their vet the root of the symptoms. However, it is important to be completely honest with your vet, as their primary concern is for your pet and they probably could care less about your recreational activities. If the vet isn’t aware of the marijuana exposure, the symptoms are so similar to other more serious problems that they may order expensive tests and treatments that are completely unnecessary. So, honesty is the best policy!
What is New York Governor Andrew Cuomo smoking?! Obviously nothing. The negotiations on the Compassionate Care Act, which would legalize medical marijuana for certain health conditions, are ongoing. The bill’s sponsor, state Senator Diane Savino, made several amendments after conversation with Gov. Cuomo (you can see his many demands in our last post), but wouldn’t budge on a few specific points, most notably Cuomo’s wish to prohibit any smoking of the drug.
The act would ban smoking for anyone under the age of 21, but that’s not enough for Cuomo. He wants the drug to be administered only through a vaporizer, edible form, or oil. Savino’s response is quoted in the New York Times: “Smoking needs to be an option for people. And we’re going to hold to that.” Smoking is the fastest way of ingesting marijuana, and will quickly help with the nausea associated with chemotherapy.
The legislative session ends tomorrow, so we’ll know soon whether Savino and her supporters are able to come to a compromise with Gov. Cuomo.
Traveling further south, Republican Governor of Florida Rick Scott signed two bills on Monday called “Charlotte’s Web,” legalizing strains of marijuana high in CBD (“non-euphoric”) to treat conditions like epilepsy, cancer, and Lou Gehrig’s disease. Additionally, a broader medical marijuana referendum will be up for vote in Florida this November. According to the LA Times, if the state approves it, Florida will be the first in the Southeast to do it and could become the biggest market outside of California.
You know, guys…we’re just rooting for compassionate care for everyone.
We’ve been following New York closely as medical marijuana bill “Compassionate Care Act” passed through the State Assembly and the Senate Health Committee, and appears this week in the Senate Rules Committee - often the last stop for a bill before it goes to a full floor vote.
New York Governor Andrew Cuomo and legislative leaders have begun negotiations on the bill and hope to reach a consensus before the legislative session concludes this Thursday. However, Cuomo has some edits that might take longer than a few days to actualize. He says, “We think there’s a lot of problems with the Gottfried-Savino bill. They haven’t thought it through – the public health and public safety point of views.”
Cuomo has asked the Senate bill sponsor Diane Savino from Staten Island to change the bill to prohibit the smoking and sharing of medical marijuana. While Savino has already restricted the smoking of medical cannabis to adults over 21, Cuomo believes allowing anyone to smoke the drug instead of vaporizing or using edibles would be sending a message contrary to the many anti-smoking campaigns they state has strongly promoted over the past several years.
He has some additional demands, as well. They are:
- Anyone unlawfully seeking, selling, or prescribing pot will be charged as a felon
- The only diseases allowing a marijuana prescription s will be cancer, epilepsy, Parkinson’s disease, HIV/AIDS, diabetes, and spinal cord injuries – basically, only neuropathic conditions with “true nerve pain”
- Doctors would be in charge of prescribing cannabis in one-month doses at the level they deem appropriate. They would also be pre-certified by the state Health Department, verifying that they are truly specialists in the field they are treating with the marijuana.
- Patient prescriptions or medical marijuana approvals from other states will not be recognized. They would have to re-register in the state of New York.
- Only 20 dispensaries will be licensed in the first two years.
These aren’t just minor changes – Savino will have some big edits to make in order to have this bill pass. We anticipate the hardest change will be to further restrict the conditions that constitute a prescription. Leaving post-traumatic stress disorder (PTSD) and child epilepsy off the list will still prohibit a large population of people who could benefit from medical cannabis. What will happen over the next few days? I guess we’ll have to wait to find out.
It’s finally happening in Washington State – they’ve emerged from their quiet phase and we now have some idea of when and how legal marijuana will be marketed.
According to an article on Seattle PI, it’s crunch time for growers and retailers. There’s a lot of “wheeling and dealing” with prices, and as grower/owner of CannaMan Farm Brian Stroh says, “Folks will be squeezing each other and not making many friends.” He says he has been contacted by producers, processors, and retailers, “all with their own game on squeezing the market.” What ever happened to the term “peace pipe,” anyway?
Right now, growers seem to be estimating the price of legal marijuana at anywhere between $15 and $25 a gram, which is right in line with Colorado’s prices. It’s more expensive than the Black Market, but it’s also legal, so…you know, it’s to be expected.
But anyway, that’s the background drama, and here’s the down and dirty:
- Anyone over 21 can buy it, not just residents of Washington.
- The first retail stores are expected to open during the first week of July.
- Licensed retail stores are the only place recreational marijuana will be available to purchase.
- These stores may be open from 8:00 a.m. to midnight.
- Unlike Colorado, hash, hash oil, and other concentrates will NOT be sold at retail stores. But, to qualify as “infused,” a concentrate can just contain a little bit of inert oil or orange juice.
- A single transaction is limited to ONE ounce of marijuana, sixteen ounces of marijuana-infused product in solid form, or seventy-two ounces of marijuana-infused product in liquid form.
- No public smoking will be permitted.
- You can’t legally grow your own bud without a license.
So, that’s what’s up in Washington, in case you were wondering. Anyone visiting soon? Who wants to check it out for us in person?
P.S. The New York State Senate passed its medical marijuana bill. Next and final stop – Governor Cuomo.