Preparing for legal Marijuana

With more and more places where Marijuana is being legalized, it would seem there are going to be some serious opportunities. I am not talking about the let's get high industry but so many other possibilities. It is just that the let's get high side gets so much emphasis -- whether it is pro or anti-legalization.

I have previously mentioned industrial hemp, that is grown and used to make cloth, rope and such. The potential is huge and goes beyond raw materials. For example, Nicaragua's garment industry to be partly or completely converted to hemp-based products using hemp grown in Nicaragua.

Medical marijuana initially sounded like something to be used to help ameliorate side-effects of chemotherapy and such. But, there are thousands of years of history on using marijuana for medicinal purposes. What has stifled research into this has been marijuana's legal position as a drug with no medical uses which makes it very difficult to do studies -- at least in the US.

Check out this page with information about the apparent medicinal use of cannabis juice. For marijuana to be psychoactive, it needs to be heated. This article, which includes a 15 minute video, is about using raw cannabis juice. The fact that a woman replaced 40 medications with pot juice and it works might explain why at least the medical industry isn't very excited about exploring medical uses of an inexpensive weed.

Hemp as food is yet another use. Seeds, for example, are an amazing source of protein and oils. If you think about all the possibilities you see little conflict in the use of various parts of the plant. Stalks for fiber, leaves for juice, seeds for food and buds for potheads. All this while, at the same time, removing 4-5 times as much CO2 from the atmosphere.

Finally, for those just thinking about the let's get high side, it is clear that less regulation is the future. But, legalization or decriminalization? This video offers a thoughtful debate on the subject.

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More competition

An article in The Huffington Post titled Why Hemp, The Sustainable Wonder Crop, Is Sweeping The Nation talks about both why hemp offers a lot of products and how many US states are looking at cashing in on industrial hemp production.

Twenty-three states have now enacted pro-industrial hemp legislation (Hawaii Governor Neil Abercrombie signed the latest bill this past week), making the cousin crop to marijuana a national phenomenon. Since the beginning of the year, more than 70 bills related to hemp have been introduced in more than half of the country's states. Passage of the recent Farm Bill, which legalized the crop for research purposes, further cleared the way for industrial hemp production.

Too late?

Nicaragua just got Tennessee as competition.

Mike Maharrey, communications director for the Tenth Amendment Center, noted that one word strengthened the bill considerably. “By including the word ‘shall’ in this legislation, it has a great deal of impact,” he said. “This means that rather than keeping it open-ended like other states have done, hemp farming will be able to move forward in Tennessee whether the regulatory bureaucrats there want it to or not.”