{"id":3036,"date":"2016-07-01T21:31:35","date_gmt":"2016-07-01T21:31:35","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=8693"},"modified":"2016-07-01T21:31:35","modified_gmt":"2016-07-01T21:31:35","slug":"dr-titus-insights-cannabis-industry-legalization-trends","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2016\/07\/01\/dr-titus-insights-cannabis-industry-legalization-trends\/","title":{"rendered":"Dr. Titus’ Insights: Breaking Down Cannabis Industry Legalization Trends"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text]In the first of a weekly series from our CEO, Dr. Stuart Titus, he provides insights into some of the most compelling trends in cannabis industry legalization, as well as where they might lead us. If you have a question you’d like Dr. Titus to answer in his weekly column, contact us<\/a>!<\/p>\n —<\/p>\n Recent times have been incredibly positive for the future of medical cannabis as the overall industry<\/a> has seen far greater acceptance within the general public. \u00a0There are a number of factors involved, including:<\/span><\/p>\n Overall the trend toward the legalization of all cannabis products has taken huge steps forward in recent years. \u00a0Currently there are 25 States that have approved medical cannabis (actually 26 if one includes Louisiana\u2019s limited new laws and regulations). \u00a0Interestingly the two most recent states, Pennsylvania<\/a> and Ohio<\/a> allow for numerous medical conditions to fall under this category (Pennsylvania: 18 medical conditions qualify for the medical cannabis program and Ohio: 21 conditions qualify). \u00a0This will provide research incentives for universities and pharmaceutical companies for many years to come.<\/span><\/p>\n Countries such as Italy, Czech Republic, Uruguay have all allowed medical cannabis, joining such countries as Canada as progressive in their thinking. \u00a0Our neighbor to the north, Canada has elected a new Prime Minister, Justin Trudeau in the fall of 2015 \u2013 and the cannabis issue was a major factor in the outcome. \u00a0We expect recreational cannabis legislation to be proposed in the Spring of 2017 within Canada by the newly elected Progressive party. \u00a0More recently, Colombia, South America legalized medical cannabis and in Uruguay, the country has a recreational program wherein the government provides low cost cannabis to qualifying in-country citizens.<\/span><\/p>\n In the US \u2013 there are a tremendous number of potential state initiatives up for ballot vote in November 2016 \u2013 a Presidential election year, which generally holds the highest voter turnout. \u00a0There are at least 15 ballot measures within 12 states that may well change the face of cannabis within the United States. \u00a0Currently over half of all Americans have some form of potential access or qualification where they can obtain State-legal medical cannabis. \u00a0Certainly this trend looks to expand \u2013 with additional indications for use being approved in those already legal states \u2013 to new states exploring the benefits for constituents. \u00a0<\/span><\/p>\n Thus the medicinal benefits of cannabis and cannabinoid products are being proven out by science \u2013 which compliments what many people are so passionate about \u2013 that cannabis is really good for us in many ways and belongs in our diet. \u00a0<\/span><\/p>\n\n
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