“We were expecting a lot from this industry,” Ingrid Schmidt, the president of the Puerto Rico Medical Cannabis Association, said over the phone. “It’s the only industry that was creating jobs and a lot of hope was put into this industry because it was critical to the financial circumstance that our island is going through.” But the island’s medical marijuana companies are starting to make a comeback; 20 of 29 medical marijuana dispensaries have reopened, according to the association. In the first two weeks after the storm, only four dispensaries could fill prescriptions.
Essentially, the tribes are being asked to submit to the authority of California cannabis officials to enter the regulated MJ industry set to launch in January.
The situation has some in the tribal community crying foul.
“Under the state regulatory system, it seems that those licensees of the state will not be permitted to obtain (MJ) product from anyone who isn’t licensed by the state,” said Mark Levitan, a California attorney who represents three tribes already operating in the state’s medical cannabis industry.
Eisenberger says he, his wife and his family are shareholders in a local licensed production facility he won't name.
He saw it as an "investment opportunity" about six months ago, he says, and "I thought it was a good idea."
Eisenberger's investment came to light on Wednesday, when he declared a conflict of interest in a debate about marijuana production facilities on farmland. Council members declare conflicts when they stand to benefit financially from decisions.
African countries are now seeing the economic value of legalizing cannabis. According to a UN survey, over 10,000 tons of the plant are already being produced in the continent each year which could translate to billions of dollars in the legal cannabis market.
The Complete List Of Qualifying Health Conditions For Medical Marijuana In Every State (Alphabetically)
“We do not understand why the same principle, of a low tax for marijuana, is not being applied to tobacco,” said Jorge Araya, President and CEO of Imperial Tobacco Canada. “Right now, 70 percent of the price of a cigarette goes to the government. It’s absolutely draconian.”
Including pharmacists in dispensaries may be controversial. In October 2015, Drugs Topics surveyed 715 pharmacists and discovered 48%were in favor of pharmacist oversight of state-approved medical marijuana dispensaries. On the contrary, 28% believed marijuana should be classified as a Schedule II Controlled Substance in order to be dispensed.