Home » » Marijuana News Online: What's Behind the Cannabis Industry Boom?

Marijuana News Online: What's Behind the Cannabis Industry Boom?

 

A recent article by Marijuana News Online (MNI) entitled "Cannabinoids and Genetics," written by Taylor Easton Ellis sheds some light on the genetics behind Marijuana. The topic of Marijuana and Genetics has been gaining some media attention recently as many parents, concerned about their children's use, seek out specialist help. This article intends to shed some light on the subject and point readers to useful information that might be helpful.

The article notes that Marijuana does have a significant amount of tetrahydrocannabinol (THC), the compound found in marijuana, which is also the substance found within the body that can cause the euphoric "high," as well as the nausea, spasm, and other side effects that can result from abuse. However, the author goes on to note, "The science is not completely convinced that THC is really that important." The author goes on to state that the research into the matter is still ongoing and that it is highly unlikely that further research will lead to definitive answers on the question of กัญชา and Genetics. However, one thing is known. Federal taxes on cannabis, as well as those levied on manufacturers and distributors of pharmaceutical drugs derived from cannabidiol are skyrocketing.

It is also becoming increasingly difficult for entrepreneurs within the cannabis industry to obtain banking loans or credit lines because of ongoing federal taxes and regulations regarding the medical cannabis industry. As more states consider levying cannabis federal taxes, investors and business professionals that may benefit from the sector will need to take a close look at the possibility of starting a business in a marijuana state. For now, it appears that most entrepreneurs in the cannabis industry are either not getting involved due to the perceived difficulty of obtaining funding or are taking a pass because they are unaware of the ongoing tax issues. In any event, the future for the cannabis industry looks extremely bright. That future appears to be closer than it has ever been in the past decade.

The cannabis industry in Colorado has created thousands of jobs over the past two years alone, and employment numbers are expected to rise. Even with government regulations keeping in step with tax revenues, state governments across the country are providing the necessary seed money to allow fledgling cannabis businesses the opportunity to start up and flourish. The upside for taxpayers, who have been providing billions of dollars in tax revenue for the federal government, is that marijuana federal taxes are starting to bite more directly into their wallet. If marijuana continues to become more widely used, it is estimated that annual federal government cannabis taxes could skyrocket in a very short amount of time.

Recreational Marijuana laws vary from one state to the next, but many have implemented an outright ban on cannabis use within their cities and townships. Those cities and towns, which choose to enforce this ban, can expect a heavy police presence and frequent citations and fines. If weed is found in public, not only will the offender be arrested but the offender's driver's license will be suspended until the marijuana is confiscated, and the smoker must undergo mandatory treatment, such as intensive counseling. Marijuana advocates are fighting back with grass roots groups challenging local municipalities to loosen their marijuana restrictions, which they call "Big Marijuana Laws". If successful, these groups believe that the trend towards legalization of recreational cannabis could spark a major shift in national opinion.

With legalized recreational use now being supported by many in the general public, the cannabis industry is seeing growth that can only be predicted in the near future. The question on everyone's mind is how will the cannabis industry react to this sudden and significant change in public opinion? Will investors continue to pump tens of millions of dollars into small medical cannabis businesses left and right? Or will investors remain afraid and hesitant, watching the value of their private investment portfolio suffer?


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