420 with CNW – Oregon Eases Access to Medical Marijuana

The authority in charge of overseeing cannabis in Oregon (the Oregon Liquor Control Commission) has released new rules that will make it easier for patients to access medical marijuana.

The new rules that are set to take effect tomorrow (December 28) will allow marijuana to be delivered to those areas where the local authorities have passed ordinances banning any marijuana-related business activity within their jurisdictions.

The new provision of the rules is welcome news to patients and caregivers because they will no longer have to travel long distances in order to replenish their medical cannabis supplies.

Additionally, the new rules have also increased the limit on how much cannabis one can buy at a go. Previously, a patient holding a medical cannabis card was only allowed to buy an ounce (28.3 grams) of cannabis.

This limitation was particularly hard on patients or caregivers from the areas where medical cannabis was prohibited. This is because such people would be compelled to make frequent trips to distant medical cannabis dispensaries.

The new rules now allow a patient or caregiver carrying a valid medical cannabis card to purchase up to 8 ounces (226.4 grams) of cannabis. This higher cap means that patients will now reduce how frequently they go to purchase replenishments.

Why the change of heart on the quantities?

It was previously feared that allowing medical cannabis cardholders to buy larger amounts of cannabis would create opportunities for the medical cannabis program to be used as a supply source for the recreational use of marijuana. However, this may have proved to be an unfounded fear.

Secondly, the inconvenience of having to go to a dispensary so frequently was burdensome to many patients and caregivers, so a concession on how much could be purchased was an inevitable compassionate step to take.

It is estimated that Oregon has approximately 50,000 people registered to access medical marijuana. The state legalized medical marijuana in 1998, and it has been updating its regulatory framework periodically, based on the changing realities within the state, and borrowing from the experiences of other states where medical marijuana has since been legalized. It is in this same spirit that plans are underway to pass permanent rules regulating CBD products and hemp in the wake of the passing of the Farm Bill 2018.

SinglePoint, Inc. (OTCQB: SING) and other industry participants like Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: 03X4) welcome the changes Oregon has made in response to the persistent problems that patients and their caregivers were experiencing.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW – US Federal Government Sends Out Advert for Cannabis Cultivators

The Federal Business Opportunities website recently featured an advert of great interest to the cannabis industry. In that advert, the federal government was inviting entities to submit their capability statements if they felt they could grow or supply different quantities of marijuana strains or products.

The advert stipulates that any firms interested in the opportunity should have the capacity to store at least 5000 kilos of marijuana.

This advert is good news to the cannabis industry because for long, it has been difficult to get hold of cannabis for research purposes. This is because the only federally-licensed producer, Mississippi University, could not meet the quantity and quality requirements of the marijuana needed for clinical trials and other research purposes. The sole cultivator was licensed in 1968 and that is how the situation remained for all these decades.

The advert also explains that any prospective cultivator should have the ability to grow or procure cannabis having different concentrations of CBD and THC from reputable foreign sources.

It will also be mandatory for the selected suppliers to manufacture standardized cannabis cigarettes.

Needless to say, the advert also asked interested companies to apply only if they have the capacity to ship cannabis securely to scientists in different locations around the country. FDA quality requirements will be adhered to for any manufacturing or storage facility used by the producers.

You should remember that this announcement comes a few months after University College San Diego got permission to import marijuana capsules from Canada since those needed products couldn’t be obtained within U.S. borders. The cannabis was to be used for clinical trials aimed at finding a treatment for childhood autism.

The invitation sent out by the federal government will therefore open the way for large cannabis industry players to take part in making it possible for scientific research on cannabis to be conducted in the US.

This business opportunity advert comes at a time when the news of the resignation of Jeff Sessions as Attorney General is still fresh in the cannabis industry and around the country. Could his presence in office have delayed the making of such decisions since he was so opposed to any form of cannabis legalization?

Industry players like Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: 03X4) and SinglePoint, Inc. (OTCQB: SING) can only hope that the companies which will be selected at the end of the screening process will deliver cannabis whose quality is high enough for research purposes unlike what has been previously available from federal sources.

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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For more information please visit https://www.CannabisNewsWire.com

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