speech draft(njosh only)

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Marijuana

Pot, Cannabis, Reefer, Salad, Grass

Group 16

Gefan Wu, Zach Hughes, Gilles Munezero, Kai Hoffman, Yimeng Bao

3000 BC--- Hemp used for Fiber (Chinese)

2737 BC--- Medicine reference for government Rheumatism, muscle soreness

500 BC--- oldest piece of paper with Hemp initial

100 AD--- first reference to intoxication from plant

1611---Came to America James Town

1813---Vaccine Act 1813 (Government had control over medicine)

1822---Repeal of 1813 Act (State had control over medicine)

1865---1900 End of Civil War (Health craze)

1906--- Pure food and Drug Act (Labeling required are over the counter)

Timeline

Timeline

1910--- Mexican Revolution

1911--- Massachusetts becomes First State to Outlaw Cannabis

1915---President Wilson Signs Harrison Act (the model for future drug regulation legislation)

1915-1927--- 10 States Pass Marijuana Prohibition Laws

2/19/1925--- League of Nations Sign Multilateral Treaty Restricting Cannabis Use to Scientific and Medical Only

1930--- Use of the Word “Marijuana” Increases in the US; American Pharmaceutical Firms Sell Extracts of Marijuana as Medicines; Harry J. Anslinger Appointed Commissioner of the Federal Bureau of Narcotics

1933--- William Randolph Hearst Plays Role in Denouncing Marijuana

Timeline

1936--- Bureau of Narcotics Urges Federal Action to Control Marijuana; New Medications Supplant Marijuana as Treatment for Pain; Reefer Madness Film Cautions Against Marijuana

1942--- Marijuana Removed from US Pharmacopeia

1938-1944--- LaGuardia Report Concludes Marijuana Less Dangerous than Commonly Thought

***1968--- University of Mississippi Becomes Official Grower of Marijuana for Federal Government; President Johnson Creates Bureau of Narcotics and Dangerous Drugs (BNDD); UK Wootton Report finds Cannabis is less dangerous than alcohol, other drug***

1970--- Controlled Substances Act Classifies Marijuana as a Drug with “No Accepted Medical Use”; Normal (National Organization for the Reform of Marijuana Laws) Founded

1971--- UK Introduces Drug Classification System; Nixon Says he will not legalize Marijuana Despite Shafer Commission; President Nixon Declares War on Drugs

1976--- Marijuana Decriminalized in the Netherlands; Federal Court Rules Robert Randall’s Use of Marijuana a “Medical Necessity”

Timeline

1980--- Marinol, a Synthetic Version of THC, and Smoked Marijuana Tested on Cancer Patients

9/6/1988--- DEA Judge Francis Young Recommends Marijuana be Placed in Schedule II

1990--- Scientists Discover Cannabinoid Receptors

1992--- Scientists discover First Endocannabinoid; IND Compassionate Use Program Officially Terminated; 13 Existing Patients Continue to Get government Marijuana

1994---Final Decision in 1972 Court Battle over Marijuana Rescheduling Keeps Marijuana in Schedule I; Assistant Secretary of Health Announces Final decision not to Reopen IND Compassionate Use Medical Marijuana Program

1996--- California becomes First State to Legalize Medical Marijuana

11/7/2000 Colorado and Nevada become Seventh and Eighth States to Legalize Medical Marijuana

What is up now?

The Scheduling of Cannabis today

Schedule I drugs, substances, or chemicals are defined as drugs with no currently accepted medical use and a high potential for abuse.

Here are some examples:

Heroin, lysergic acid diethylamide (LSD), marijuana (cannabis), 3,4-methylenedioxymethamphetamine (ecstasy), methaqualone, and peyote

Because Cannabis is a Schedule I drug, Federally it is illegal for schools and medical institutions to study and do research on Cannabis without Federal permission and government funding. In order to study Cannabis, one must also use Federally Grown pot,

which limits the type of research one can do, due to the inaccessibility of different Strains of Cannabis, and a variety of extracted THC concentrates that are available on the normal market.

All Cannabis research that is funded by the Federal Government is grown in Mississippi. Cannabis is Federally illegal, if you didn’t know already, this makes things very confusing for states that have legalized Cannabis for medicinal and recreational purposes.

The Scheduling of Cannabis today continued...

There have been many attempts to reschedule Cannabis to a Schedule 2 drug.

Hopefully when this happens, Cannabis will be legal to study without Federal permission and funding. The more research the better, there are many hidden secrets and medicinal uses that Cannabis can be used for...

Progress of Bill

First Reading

Referral

To

Committee

Second Reading

Third Reading

First Chamber

Referral

To

Committee

Second Reading

Third Reading

(final Passage)

First Reading

Consideration in Chamber which Obligated in Bill

Conference Committee(only when necessary)

To Governor

Second Chamber

Why is our “Federal” Government so blindingly stupid?

The answer is Money, old (usually racist) white men in congress(typically also from around the bible belt), bribing *cough* *cough* excuse me I meant to say “Lobbying”, and rich greedy powerful companies.

Reefermadness

Wait Why?

Tobacco and Pharmaceutical companies fear that Cannabis would disturb the market and hurt their own industries by taking away their loyal, addicted customers. These companies do not care if their loyal customers die because of their products, they have enough money to easily pay the legal fees to families that lost a loved one. Alcohol companies are also very active in lobbying against cannabis legalization.

Cannabis may seem to have market characteristics similar to some of these big industries, fear not! Cannabis is a complete different entity, with a counter culture that follows. Regulations are already so tight for the industries above, making it highly unlikely that these money driven companies would try and dabble into the Pot Industry.

Side note: Germany doesn’t allow any advertising of pharmaceuticals, weird right?

What if i'm Black? Or not White?

It is sad, but it is true. Our country is racist when it comes to arresting people based on their race. I'll keep it simple, the more people a state has in jail, the more money they receive from the federal government. This is one reason why many minorities are locked up for small drug offenses. Legalizing this plant would “cost” States to lose funding, keeping people locked up also increases the probability that they end up back in jail once they get back out which equals more money!!

PHUCK YA COLORADO!!!

$996,184,788 in sales in 2015

Collected more than 135 million in taxes, more than 35 million is earmarked for school construction projects

Fun facts about pot...WOW SCIENCE!!!

Medical Benefits

PTSD

Multiple Sclerosis

The Industry

The Marijuana industry might be very profitable but it's very costly to get started

Ex: Maryland has an extensive legal application to get into the business, so confusing it would take a class day to get through it. This is important though because Ohio is basing some of their legal structures on how Maryland set up their application.

$250,000 Growers license application

$250,000 Extraction licence application

$250,000 Dispensary license application

To prevent a monopolistic structure one is only allowed to own two of those licenses.

MONEY GROWS ON TREES: IT IS CANNABIS

Basic market structure

Ethics

Financing

Cultivation

Harvest

Luxury spa?

Retail

Dispensary

Infused Products

Other Products

Transportation

Cultivation and Harvesting

Extractions and infused products

Devices

Devices

FOR TOBACCO USE ONLY!!

Cannabis is a schedule 1 narcotic, federally, which means one is not allowed to sell products that are used to consume the drug. That's why everything it labeled, for Tobacco use only because it is a loop hole.

Tommy Chong financed Chong Glass/Nice Dreams. They sold mostly bongs and he went to jail for 9 months and was fined $20,000 and had to give up his domain name. Also, all of his merchandise was seized during the raid for the loss of $103,514.

Chong was bunkmate in prison was Jordan Belfort. Chong encouraged Belfort to write down his memories, which soon became the book “Wolf of Wall Street”.

Chong also wrote a book

The Buying and selling of a Federal illegal plant

Cannabis is still federally illegal, which until recently meant that the federal government could come into your weed business and shut it down whenever they pleased.

This all changed as of December 16th 2014 when Obama signed a bill that disallowed the raiding of dispensaries.

Practically all sales are in cash because banks do not want to take the risk and be liable for “laundering” money for a drug that is still federally illegal. Some entrepreneurs are trying to start a bank for pot shops, but won't be insured by the federal government. Dispensaries have a high risk of getting robbed because they do cash transactions. Some shops look into virtual currency like bitcoin, but they are high risk because of their volatility.

Conclusion

Money does grows on trees, and the tree is Cannabis!!

Every part of this plant, when grown to its full potential can be used somehow to make medicine. The actual bud, the extractions, the extraction from the extraction, the keef, clothes, and each plant can be cloned…

It can be taxed and studied and the plant actually helps people.

Legalizing can help the middle class and local economies to grow tremendously, and it will provide new paying jobs in all different types of sectors in the industry.