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Source: @norml @WeedConnection
Posted By: norml@weedconnection.com
media :: news
- Wed, 25 Mar 2020 04:20:21 PST

Study: Housing Values Positively Impacted Following Marijuana Legalization

Norman, OK: The enactment of statewide policies regulating adult-use marijuana sales is associated with rising home values, according to data published by a team of University of Oklahoma economists.

Investigators assessed the relationship between cannabis legalization and regional home values. They identified "a large positive spillover effect on the housing market following legalization." Specifically, they reported "a five percent appreciation in home prices following the passage of RML (recreational marijuana laws) and an 11 percent appreciation once sales of marijuana products begin."

Authors concluded, "[The] results suggest that preferences for public services – derived from a new source of tax revenue – and dispensaries as a commercial amenity create largely positive effects following the legalization of recreational marijuana."

Their findings are consistent with those of prior research papers, such as those here and here, which similarly report a link between the establishment of a legal marijuana marketplace and elevated home values.

Full text of the study, "Retail marijuana deregulation and housing prices," appears online.

NFL Liberalizes Cannabis Policies

New York, NY: The National Football League (NFL) will no longer issue suspensions to players who test positive for past cannabis exposure.

Changes finalized in the NFL's new collective bargaining agreement amend the league's longstanding marijuana policies. Under the new guidelines, players will only be subject to testing during a two-week period at the start of training camp. The threshold required to trigger a positive marijuana test will be raised, and positive test results will be subject to an internal review rather than an automatic game suspension.

The NFL changes follow policy changes instituted by Major League Baseball, which recently dropped cannabis from its list of banned substances.

Maryland: Lawmakers Advance Marijuana Reform Legislation

Annapolis, MD: House lawmakers have advanced legislation expanding the state's marijuana decriminalization and expungement policies.

By a vote of 93 to 44, lawmakers approved HB 550, greatly expanding the pool of marijuana offenders eligible for civil, rather than criminal, penalties. Under the measure, offenses involving the possession of up to one ounce of cannabis will be reclassified as a civil violation — punishable by a fine only, no arrest and no criminal record. Under existing law, only possession offenses involving ten grams of marijuana or less are decriminalized. The possession of greater amounts is currently punishable by up to one year in jail and a $1,000 fine.

The measure now awaits action from the Senate.

Separate legislation, House Bill 83, which prohibits "the Maryland Judiciary Case Search from in any way referring to the existence of a certain case in which possession of marijuana is the only charge in the case and the charge was disposed" has been approved by both chambers and now awaits action from the Governor. If signed into law, the measure would take effect on January 1, 2021.

Survey: Canadian Physicians-in-Training Lack Sufficient Understanding of Medical Cannabis

Kelowna, Canada: A majority of physicians-in-training in Canada say that they receive insufficient instruction with regard to the use of cannabis for therapeutic purposes, according to survey data published in the journal Complimentary Therapies in Medicine.

Researchers affiliated with the University of British Columbia surveyed the opinions of self-selected physicians-in-training regarding the degree to which they felt prepared to address issues surrounding medical cannabis. Canadian patients have been authorized to access medical marijuana since 1999 and lawmakers legalized adult use sales nationwide in 2018.

Authors reported that "the average amount of training received [by physicians-in-training] was less than 25 percent of the amount desired, and more than three quarters of trainees reported that further training would be required in order for them to engage comfortably with CTP [cannabis for therapeutic purposes]." Respondents' said that their greatest knowledge gaps were specific to issues surrounding cannabis dosing and its risk/benefits profile.

"Our findings suggest that more education surrounding CTP among Canadian physicians-in-training will be required to remedy the perceived knowledge gaps reported by practicing physicians," investigators concluded.

The findings are consistent with those of prior surveys in both Canada and in the United States which report that most doctors and nurses believe that they receive insufficient training with regard to cannabis.

Full text of the study, "Cannabis education needs assessment among Canadian physicians-in-training," appears in Complimentary Therapies in Medicine.

USDA Approving a Growing Number of State-Sponsored Hemp Production Protocols

Washington, DC: Officials with the United States Department of Agriculture have approved plans submitted by several states regulating domestic hemp production.

Under federal law, states wishing to license hemp production must submit their plans for approval from the federal agency.

To date, the agency has approved plans submitted by the following states: Delaware, Georgia, Louisiana, Montana, Nebraska, New Jersey, Ohio, Texas, Washington, and Wyoming. The agency has also signed off on a dozen separate tribal plans.

In October, the agency issued interim rules governing the commercial production of cannabis containing no more than 0.3 percent THC and products containing cannabinoids derived from hemp.

Additional information is available online.

Florida: Lawmakers Reject Proposed THC Cap

Tallahassee, FL: Language initially passed by members of the House to impose a cap on the potency of THC available in products marketed to certain medical cannabis patients is dead for the 2020 legislative session.

Members of the Florida Senate stripped the language out of a broader bill before sending it back to the House. Representatives ultimately re-approved the measure without the provision.

Florida was one of a handful of states where lawmakers this year have proposed imposing thresholds on permissible amounts of THC. Proposed language to place a 10 percent THC limit on adult-use concentrate products in Washington state stalled in committee. In Arizona, proposed legislation to limit medical cannabis products to no more than two percent THC was passed by the House and is now pending in the state Senate.

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