CBD-BB Cannabis News for 9-7-16 Weed-maps, Faking Reviews + Marijuana Legalization + Oregon OLCC Lab Collapse + Drug War Duo + NIDA

Cannabis news articles from the day, handpicked by the CBD Business Blog Editor, to keep you informed on cannabis and cannabidiol (CBD) industry news. Daily Cannabis News from the CBD Business Blog!

CBD News Pick –Four Reasons why LEGALIZING Marijuana could be the SOLUTION to America’s Problems

CBD News Pick – Huffington Post For a few years now Americans’ have disputed on the legalization of cannabis, also known as marijuana. Recreational cannabis is legal in four states: Oregon, Colorado, Alaska, and Washington state. This November, five states will vote to legalize recreational cannabis: California, Massachusetts, Maine, Arizona, and Nevada. We’ve heard all the research and the majority of adults will admit to having tried cannabis at least once in their life. Click for more →

CBD News Pick –Oregon OLCC Accreditation for Pot Labs on Verge of Collapse

CBD News Pick – Houston Chronicle SALEM, Ore. (AP) — As Oregon officials struggle to license all sectors of the recreational marijuana industry before the end of the year, a top official of the agency that accredits pot-testing labs says it is overwhelmed — a potential blow to the rollout. Gary K. Ward, administrator of the Oregon Environmental Laboratory Accreditation Program, known as ORELAP, emailed dozens of labs awaiting licenses, saying his agency’s abilities to accredit them is “on the precipice of collapse … because of the lack of resources and the last minute rush of cannabis labs with applications.” Click for more →

CBD News Pick –7 Must Attend Cannabis Events This Fall

CBD News Pick – Merry Jane There’s some pretty epic shit happening in cannabis this fall. Cannabis World Congress & Business Exposition | September 7-9. The event takes place in downtown at the Los Angeles Convention Center will feature experts, proponents, advocates, activists, and connoisseurs in the cannabis industry. Click for more →

CBD News Pick –Marijuana Legalization: Having an Impact on Illegal Use

The main desk at Columbia Care, a medical marijuana dispensary in Manhattan. Drake Baer / Business Insider CBD News Pick – Business Insider UK With legal allowances for both medical and recreational use on the rise all over the US, the favored illegal drug of Americans has never looked more professional. That’s because the business of legal marijuana has never been better. We’re talking about a $7 billion market, according to ArcView Market Research (a firm that tracks the legal cannabis trade). Click for more →

CBD News Pick –Cannabinoid and Terpenoid Reference Guide

CBD News Pick – Steep Hill Labs, Inc. Δ9-tetrahydrocannabinol (commonly referred to as “Δ9-THC,” “D9-THC,” “d9-THC” or simply “THC”) is a neutral cannabinoid, well known for being strongly psychoactive. Of all the scientific discoveries that have been made about THC, probably the single most important was how THC enabled scientists to discover the existence of the Endocannabinoid system in vertebrate animals (including humans): a critical part of physiology that, up until then, was unknown. THC has been shown to be effective in the treatment of a variety of ailments and disorders including pain, tumors, nausea and ADHD. Click for more →

CBD News Pick –The Biological and Potential Therapeutic Effects of Cannabidiol

CBD News Pick – NIH/NIDA – National Institute on Drug Abuse

“Cannabidiol: Barriers to Research and Potential Medical Benefits”

Mr. Chairman, Ms. Chairwoman, and Members of the Senate Drug Caucus, thank you for inviting the National Institute on Drug Abuse (NIDA), a component of the National Institutes of Health (NIH), to participate in this hearing to share what we know about the biology and the potential therapeutic effects of cannabidiol (CBD), one of the main active chemical compounds found in marijuana. In light of the rapidly evolving interest in the potential use of marijuana and its derivative compounds for medical purposes, it is important to take stock of what we know and do not know about the therapeutic potential of CBD. Click for more →

CBD News Pick –Drug War Duo Urges Expedited Evaluation of CBD Therapy

CBD News Pick – The Leaf Online | Click for Letter A bipartisan pair of conservative US Senate prohibitionists has quietly teamed up and been working behind the scenes to get the Department of Justice and Health and Human Services (HHS) to coordinate efforts and move quickly to remove barriers to the scientific and medical evaluation of cannabidiol (CBD), an active ingredient of marijuana, according to a report in the Journal of the American Medical Association. The natural medicinal compound CBD is not psychoactive and is so medically safe that it is not even listed in the drug schedules of other countries, but here in the USA it is a Schedule 1 controlled substance in order to keep it out of the hands of patients, providers and health care practitioners. It was championed by Dr. Sanjay Gupta when he came out for marijuana legalization in 2013. Click for more →

CBD News Pick –Red Days for MassRoots Inc (OTCMKTS:MSRT)

CBD News Pick – MICROCAP DAILY MassRoots Inc (OTCMKTS:MSRT) has been falling lower in recent months since trading as high as $2.34 in April on anticipation of the Company to up-listing to the NASDAQ stock exchange. The NASDAQ bid was unsuccessful however and the stock has been in a downtrend since. MSRT started trading on the OTC in April of last year was initially a huge runner moving to highs of 7.01 before coming back down and forming a base around $1. MassRoots Inc (OTCMKTS:MSRT) which bills itself as the ”Facebook” for cannabis consumers” has developed an online community for people that smoke pot. It now has 775,000 users and 380,000 followers on Instagram. Click for more →

CBD News Pick –WeedMaps Could Have Tons of FAKE REVIEWS

CBD News Pick – Green Rush Daily Weedmaps is an online service that’s the Yelp of the cannabis world. But new investigations have found that the site could be riddled with fake reviews. Consumers are now trying to figure out if the site can be trusted. And Weedmaps is trying to figure out what went wrong. Weedmaps is a cannabis company based in Irvine, California. It provides all sorts of information on marijuana dispensaries, including customer reviews and tons of data about different strains and cannabis products. And so far, the company’s been pretty successful. It brings in millions every year. Despite its success and its popularity, the site is now finding itself in hot water. That’s because a handful of tech security experts and digital analysts suspect that the site is full of fake customer reviews. Fakespot, a company that scours the Internet looking for fraudulent customer reviews and user comments, looked into things. They found problems with 62% of all Weedmaps reviews. To give you some context, the same company said that roughly 40% of all Amazon reviews are phonies. Click for more →

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