Mississippi is slowly moving toward a less restrictive medical marijuana program… one petition at a time.
Mississippians for Compassionate Care (MCC) has put together a petition to get medical marijuana on the 2020 Mississippi ballot. The proposed initiative would allow patients with a debilitating medical condition to consult their doctor and obtain a recommendation for medical cannabis. The petition lists 22 qualifying conditions, including chronic pain, post-traumatic stress disorder, epilepsy and cancer.
Mississippi currently allows patients with certain conditions to obtain CBD oil from a restricted number of suppliers. And the CBD oils must be tested by the National Center for Natural Products Research at the University of Mississippi – the only federally authorized cannabis manufacturer for research purposes in the country. (We’ve already written about how problematic its “research” is.) It’s a highly restrictive regime that denies medical marijuana to thousands who need it.
MCC says it has collected about two-thirds of the required 86,185 valid signatures to qualify for the ballot. And it plans to continue gathering signatures until the September submission deadline.
This is a big deal. Mississippi is not known for being pro-cannabis. And it’s been a long fight to bring medical marijuana to the southern state. Ashley Durval first filed the MCC petition last summer. But she’s been fighting for the cause since 2013. She hopes medical marijuana can treat her young daughter’s Dravet syndrome, a genetic condition that comes with severe seizures.
In 2014, it seemed like her dream was coming true. Mississippi Gov. Phil Bryant signed Harper Grace’s law, named after Durval’s daughter, which was supposed to allow Harper and other children like her to receive cannabis oil treatment at the University of Mississippi Medical Center. But because the center is federally funded, treatments require federal approval. That approval hasn’t been granted. So Durval decided to take her case to the voters with a ballot initiative.
What the Fix finds particularly grating is that Bryant signed the law with Harper Grace in his lap – most assuredly a great photo-op. But the day after Durval filed the medical marijuana ballot initiative, he decried the effort in a Facebook post.
“I will be voting ‘no’ if this makes it on the ballot,” Bryant wrote. “With all the pharmaceutical advancements we have seen, it would seem strange to bring pot into the equation.”
You gotta love politicians.
We’ll keep an eye on this initiative. On to the News Fix…
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Franzen pleaded guilty to possessing more than 5 kilograms of cannabis in the form of THC-infused chocolates. If he had taken his case to court and lost, he would be serving an even longer sentence.
“Franzen is expected to serve less than half of the sentence,” David Cambic, Franzen’s attorney, said. “We’d hoped to convince the prosecution to give him probation. The judge was cognizant of his health and wanted to give him some sort of break. But 40 pounds of cannabis is a lot.”
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Rebellyous Foods is joining a flourishing meat alternatives market. Beyond Meat’s stock has soared more than 600% since its IPO to reach a valuation of $9.8 billion. And Impossible Foods just raised $300 million from private investors and landed a deal with Burger King.
Startups focus on bees: Bees are the latest buzz in the startup world. Several startups are offering pollination as a service, developing bioengineered bee food and even creating pollination brokerage networks (Crunchbase News). Many of these companies are aiming to help farmers improve their crop yields. Let’s hope they can help save the bees too!
Binance blocks U.S. customers from trading: Binance, the biggest crypto exchange in the world by volume, has updated its terms of service and is now excluding U.S. users (CoinDesk). Binance released its updated terms of service on Friday.
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While we think GlobalCoin is unlikely to compete with bitcoin anytime soon, it’s worth noting the big names getting involved here. It’s a sign that people are growing more comfortable with crypto and that legacy companies are trying to control new technology before it disrupts their business models. With the Lightning Network ramping up its security, bitcoin’s fundamentals are only getting stronger. And with massive debt weighing down legacy companies and governments alike, crypto’s promise as a sound money alternative to the current system is as bright as ever.
Have a great weekend!
Assistant Managing Editor, Early Investing
The post News Fix: Mississippians Move to Put Medical Marijuana on the 2020 Ballot appeared first on Early Investing.
Source: Early Investing