Recreational Dispensaries in Nevada Set to Legal Sell Marijuana in One Month

If everything proceeds without any delays, recreational dispensaries in Nevada are about to join a select few other U.S. states in which retailers are legally selling marijuana to customers for recreational purposes, to be used the way millions of Americans use alcoholic beverages on a daily basis.

People in Nevada, both residents and the Sagebrush State’s many tourists, without fear of sanction from their government or marginalization from their society will be able to freely make a choice about their own body and consciousness, and utilize the uncanny effects, of a marvelous molecule, in a notorious and highly valued plant to unwind, relax, enhance their social interactions, increase their creativity levels or ability to gain deep insights, or even improve their ability to appreciate music or food.

That’s just on the consumer side. Meanwhile planters, distributors, vendors, advertisers, and enterprising small business startups will be able to freely and openly engage in peaceful commerce in the trade of this highly sought after plant. It’s a monumental sea change in how our society is constituted, and if the examples of Colorado and other states who are further along this path now are any indication, it’s a change that will enrich and enliven our world.

Even though it became legal to possess and use marijuana in Nevada on January 1st after the passage of Question 2 last Fall, opening up retail marijuana businesses and recreational dispensaries in Nevada will not be legal until a month after the application deadline has elapsed.

The CEO of one medical marijuana dispensary in Nevada said of the new change which will soon see recreational dispensaries in Nevada spread like wildfire: “I think we have the potential of being the new marijuana hub of the country, taking that crown off Colorado and putting it on Nevada, namely Las Vegas,” adding:

“We have the best nightclubs, the best hotels, the best restaurants, the best shows and now we’ll have hopefully the best cannabis experience as well. I’m really excited to see… in a year or two how much that [tourism] number grows. I think it’s had a positive effect on Colorado and Washington that don’t have the allure that Las Vegas has.”

The impact of legal marijuana on tourism in Nevada, and the impact of the state’s vibrant tourism industry on recreational dispensaries in Nevada will be closely watched. It seems to be the perfect storm for a lot of enterprising individuals and businesses to make a lot of money, while making Nevada a “greener” place to live and visit.

Marijuana’s Impact on the Brain in This New Study Should Encourage Investing in Marijuana

marijuana capsules

Investing in marijuana keeps looking better and better. Earlier this month researchers at Oxford University in the U.K. published the results of a bombshell study that found marijuana can have a positive impact on a brain in decline.

Doses of THC appear to improve memory and learning abilities in older mice suffering from cognitive decline. The implications for human sufferers of age-related cognitive decline, Alzheimer’s disease, Parkinson’s disease, and other forms of dementia are full of hope.

Researchers are studying THC (tetrahydrocannabinol) in a £10 million ($13 million) program to “identify new medical therapies through research into the molecular, cellular and systems mechanisms of cannabinoids.”

In the study, published by Nature Medicine, and publicized in a highly cited Newsweek article, “researchers led by Andreas Zimmer, from the University of Bonn, Germany, have shown how THC can provide significant benefits to mice when it comes to age-related cognitive decline.”

To study how THC might affect a brain in decline, researchers administered small doses of THC to mice at 2 months, 12 months, and 18 months- the latter two control groups representing mature and elderly mice.

The team did three experiments.

The first involved teaching mice to navigate a water maze. As expected mature and old mice performed worse than the young group. Then the team treated the older groups with THC, and amazingly found a significant improvement at the task. (Interestingly enough the young mice did much worse after receiving THC doses.)

The second test involved teaching mice to locate objects. Older mice given THC were able to perform as well as the younger mice that had not been administered with the drug.

The third test was related to partner recognition of other mice and also demonstrated the efficacy of THC in improved cognitive performance for mature and elderly mice.

The team wrote:

“Together, these results reveal a profound, long-lasting improvement of cognitive performance resulting from a low dose of THC treatment in mature and old animals.”

The Motley Fool, an Alexandria, Virginia-based financial services and investing company said Sunday that these findings should encourage investing in marijuana businesses:

“The marijuana industry, and marijuana stocks for that matter, have been expanding by leaps and bounds over the past two decades. What was once a completely taboo industry has become a thriving source of legal growth, at least in some states…

What studies like this do is really fan the flame of what might be possible with cannabis-based medicines. While many of the ongoing studies are considered informal in nature — i.e., they’re not being overseen by an accredited regulatory body like the U.S. Food and Drug Administration (FDA) — some developing pot-based drugs have really turned heads.”

If investing in marijuana is of interest to you, then you may be excited to know about the first actively managed marijuana ETFs on their way.

Marijuana Businesses Better Stock Up On This Product in 2017

There are some big changes happening in cannabis consumer preferences that marijuana businesses should pay close attention to in 2017!

marijuana businesses should stock up on cannabis oil for vape pens

Earlier this year the California-based marijuana delivery service called Eaze (known as “The Uber for weed”), released its second annual “State of Cannabis” report.

The report draws on data from 250,000 California users and a survey with 5,000 respondents to provide a very comprehensive picture of your customers if you’re in the marijuana industry.

If you’re not selling cannabis oil cartridges as part of your marijuana business and making a concerted effort to advertise this product category to your clientele, you’re missing out on a big opportunity in a rapidly growing cannabis product segment.

According to Eaze’s first report at the beginning of 2016, marijuana oil cartridges for vaping were a mere 6% sliver of overall sales for the past year. This year sales of marijuana oil cartridges are up over 400% making up a full 24% of the delivery service’s sales.

As more cannabis consumers take to vaporizing their weed, fewer and fewer are purchasing the raw plant itself. Over the last year sales of the marijuana plant’s raw flowers fell from 75% to 54%.

Customers are less interested than ever in lighting up and smoking, when they can use a cleaner, less harsh vaporizer, or purchase any number of edible cannabis products ready-made, that they don’t have to prepare themselves.

Finally, consumer purchases of flowers, edibles, and concentrates that are primarily CBD-based has increased 38% over the last year.

CBD or cannabidiol, is a cannabinoid that is remarkable for providing consumers with many of the palliative and medical benefits of marijuana, without producing the characteristic psycho-active “high” that is caused by THC.

Marijuana businesses that are paying attention will cater to the increasing consumer demand for these product categories.