The Endocannabinoid System and its Impact on the Human Body

By Greenhouse Ventures Team The endocannabinoid system (ECS) is a group of endogenous cannabinoid receptors located in the brain and throughout the central and peripheral nervous systems, consisting of neuromodulatory lipids and their receptors The receptors are configured only to accept cannabinoids, specifically tetrahydrocannabinol (THC) and cannabidiol (CBD). There are two primary cell receptors that make up the ECS, Cannabinoid Receptor...

National District Attorney’s Association Urges Federal Marijuana Crackdown

The National District Attorney’s Association (NDAA), which created a policy group in January to advise the Trump administration on marijuana decisions, is taking a highly oppositional stance to legalization and urging the Justice Department to enforce federal prohibition laws in states that have legalized the drug. This article was originally published in Extract. Click here to read more.

New Federal Bill Would Allow Banking for Marijuana Businesses

Marijuana businesses can’t openly bank and congressman Ed Perlmutter, D-Colo., is hoping to change that. Perlmutter on Thursday introduced the Secure and Fair Enforcement Banking Act (SAFE Banking Act), legislation that would allow banks to serve marijuana-related businesses without fear of penalties from the federal government. This article was originally published in The Cannabist. Click here to read more.

The IRS is Preparing for Massive Cash Payments from the Cannabis Industry

The federal prohibition of cannabis creates many problems for those who work in state-legal cannabis industries around the country, whether they are part of a medical or adult use market. One of the biggest problems affecting all cannabis businesses is a lack of banking services – less than 30% of all businesses working in the legal marijuana industry are actually...

The Limitless Potential of This Green Plant Saving the World

This year, medical marijuana is legal in more than half of the United States. Missouri, Texas, and North Carolina are some of the next few states to legalize medical marijuana. Modern research has proven that it is helpful for relieving symptoms in a variety of diseases, including glaucoma, cancer, and multiple sclerosis. Despite its medicinal benefits, the DEA still classifies...

PA Releases Draft of Medical Marijuana Regulations for Doctors

The Pennsylvania Department of Health issued draft regulations on Tuesday that would govern how doctors become registered to prescribe medical marijuana and certify patients to receive the drug when it becomes available. It's the most recent step in the effort to provide medical marijuana to patients by next year. The state legalized medical cannabis in 2016. This article was originally...

Energy use by cannabis industry declining with increased efficiency, outdoor grows

With local restrictions on marijuana easing across the U.S., power suppliers from California to Maine were expecting a little buzz of their own from newly legitimate pot farmers. After all, a 5,000-square-foot warehouse filled with hydroponic growing systems can draw five times the electricity of a typical industrial user. But after an initial jolt in electricity use, when Western states...

The Marijuana Industry Has Some Brand-New Opposition

The marijuana industry has been practically unstoppable this decade. Just this past year alone, five states legalized medical cannabis (including two that did so entirely through the legislative process), while the number of recreational weed states doubled to eight. With the exception of Arizona, where a recreational pot measure failed by just 2 percentage points, marijuana initiatives and amendments had...

Pennsylvania Auditor Wants to Close Budget Gap by Legalizing Marijuana

Pennsylvania's auditor has an idea to combat the state's budget deficit — legalize recreational marijuana. Eugene DePasquale, the state's auditor, said Monday at a news conference that legalizing marijuana could amass at least $200 a year for Pennsylvania, The Pittsburgh Post-Gazette reports. His projections are based on Colorado, where legalizing weed brought in nearly $70 million in May 2016. This...

Emerging Cannabis Industry Presents Big Opportunities For Investors

Legal marijuana sales are projected to reach $20.6 billion by 2020, a significant increase from its current $7.4 billion level. Despite the trend, there are still significant gray areas surrounding the legality of profiting off of recreational cannabis. This article was originally published on Benzinga. Click here to read more.