In a major move forward in recognizing the medical legitimacy of marijuana, new guidelines that will be issued by the Obama administration today will free pot-smoking patients, in states that allow medical marijuana use from the fear of getting busted by Federal drug agents.
This will promote legitimate scientific study of cannabis and provide patients suffering from cancer and other debilitating diseases a sense of relief from the possibility of arrest and Federal charges. It also reverses decades of stigmatization of marijuana by the Federal government enforced by the DEA. In California, this action will likely significantly strengthen existing initiatives to legalize and tax cannabis.
Legalizing Medical Marijuana
President Obama Supports Pot-Smoking Patients
Trend Themes
1. Medical Marijuana Legalization - Legalization of medical marijuana for patients in states can promote scientific study and provide relief for debilitating diseases.
2. Recognition of Marijuana's Medical Legitimacy - Recognition of the medical legitimacy of marijuana has the potential to reverse decades of stigmatization and foster further research.
3. Strengthening Initiatives to Legalize and Tax Cannabis - This action is likely to strengthen existing initiatives related to legalization and taxation in California and beyond.
Industry Implications
1. Pharmaceuticals - With the recognition of marijuana's medical legitimacy, pharmaceutical companies can explore the use of cannabis-based treatments.
2. Agriculture - As medical marijuana legalization continues, there is potential for significant growth in the cannabis farming industry.
3. Law Enforcement - Legalization of medical marijuana and the shift in Federal policy is likely to have an impact on law enforcement agencies and their approach to drug offenses.