Medical Marijuana – A Growing Field

While no pun intended, it’s hard to ignore the thriving business environment surrounding the production and sale of medicinal marijuana.

Treatment of various conditions

THC, the active ingredient in marijuana, has been shown to be effective for a number of conditions. It can relieve nausea, insomnia, neurogenic pain and movement disorders and the symptoms of glaucoma. It can be helpful in managing the symptoms of irritable bowel syndrome, migraines, and fibromyalgia. Recent studies have shown that THC prevents the formation of plaque deposits associated with Alzheimer’s disease.

Of course, more research is needed to determine which conditions medical marijuana can help with, but even this short list is encouraging.

Not just smoking

Opponents of medical marijuana strongly oppose the most common method of ingestion: smoking. However, there are much safer ways to ingest marijuana. Marijuana can be inhaled in vaporized form and added to edibles after they have been made into hemp oil. Both methods circumvent the potential risks associated with any form of smoking.

Who can grow it?

One of the challenges of acquiring medical marijuana is figuring out who can grow it and how much they can grow. The states that have legalized marijuana for medicinal purposes have set standards for whether and how much marijuana a person can grow or possess. With pharmacies it is a bit more complicated.

California allows patients and caregivers to set up cooperatives to grow the plants, but many of the products that come to market are grown on small “farms” that still operate outside the law.

A large retail store specializing in information and supplies recently opened in Sacramento, California. The store does not sell marijuana or plants. Some plants can be seen but these belong to licensed persons and are removed before they form buds.

Licensed pharmacies

Opening a medical marijuana dispensary takes some work. Each of the states that legalize the sale of medical marijuana has slightly different requirements. Businesses must apply for a permit and demonstrate that the storefront is owned by the business or that the tenant has approved the business. Some states require a security plan to be prepared or require tax documents etc.

One of the biggest challenges for these legitimate companies is getting the full range of business services e.g. B. Merchant accounts for processing credit card sales or bank accounts, as marijuana is only legal at the state level, not the federal level.

Perhaps the most powerful argument the government will respond to is the potential tax base that medical marijuana will generate Medical Marijuana Card in New York. In tough economic times, it’s hard to turn down much-needed sources of income.

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