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Medbox CEO Weighs in on Marijuana Stocks

Date:
February 3, 2014
Source:
TheStreet / Powered by NewsLook.com
Summary:
Medicinal marijuana sales have been approved in 20 states (plus Washington, D.C.) and recreational use green lighted in Colorado and Washington state. Investors have the munchies for the best weed stocks. Call it spliff dividends. Bruce Bedrick, CEO of marijuana public company Medbox (MDBX) that trades over the counter, discusses whether or not investing in this sector is a prudent move. How can traders filter the duds from the good stuff without impaired judgment? Video provided by TheStreet


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last updated on 2014-11-29 at 2:34 am EST

Federal Government Needs More Marijuana for Research Studies

Federal Government Needs More Marijuana for Research Studies

TheStreet (May 9, 2014) — The National Institute for Drug Abuse, or NIDA, has asked the Drug Enforcement Agency for more marijuana. NIDA has requested an increase from 21,000 grams to 650,000 grams, or roughly 1,433 pounds of pot. As of January, NIDA has funded 28 active grants related to therapeutic uses of marijuana in six different disease categories covering AIDS, pain, schizophrenia, seizures and hard drug withdrawal. But NIDA frequently contradicts on the subject of marijuana: a NIDA-funded study at Yale looking at cannabis as a treatment for schizophrenia warned that marijuana could worsen the condition. NIDA gets its pot from The University of Mississippi, the only legal marijuana farm that grows pot for the government. The request is now open to the public for comment. Video provided by TheStreet
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Congress Tells DEA to Stand Down on Legal Marijuana

Congress Tells DEA to Stand Down on Legal Marijuana

TheStreet (May 30, 2014) — Congress passed a measure that would deny the Drug Enforcement Agency to spend federal money interfering with state approved medical marijuana businesses. Dan Riffle of the Marijuana Policy Project says the key to getting the measure passed this time was the 49 Republicans who voted in favor. Normally, Republicans see medical marijuana as a liberal issue, but now they are beginning to recognize it as a states' rights issue. California Representative Dana Rohrabacher sponsored the measure. Many California marijuana dispensaries and patients have been raided or arrested by the DEA. Video provided by TheStreet
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Medical Marijuana Debate: Light Up or Pop a Pill?

Medical Marijuana Debate: Light Up or Pop a Pill?

Ivanhoe (Feb. 3, 2014) — Medical marijuana is now legal in 20 states, plus our nation’s capital. But under federal law, only FDA approved medications can be prescribed; marijuana is not one of them. So, is it safer than prescription drugs? Is marijuana really medicine? Find out the latest on this controversial topic.
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Minnesota Comes One Step Closer to Medicinal Marijuana

Minnesota Comes One Step Closer to Medicinal Marijuana

TheStreet (May 7, 2014) — The Minnesota Senate approved a medicinal marijuana bill on Tuesday and the bill will now to go the House, which is expected to review a more restrictive version of medicinal marijuana legislation on Friday. The vote was bipartisan and overwhelmingly in favor of legalizing medicinal marijuana. Governor Mark Dayton (D) originally said he was opposed to the measure, but now sounds like he will listen to the patients who want their doctors to be able to offer this alternative medicine. Video provided by TheStreet
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