Tag Archives: cannabis

Banking Bill To Be Considered by Congress to Help Cannabis Businesses

The Secure and Fair Enforcement Banking Act (SAFE) has this week been approved by The House Finance Committee and will now pass to Congress for approval. It is believed that congress will pass the bill as it has bipartisan support.

SAFE will allow Cannabis companies to gain access to loans and help them deal with larger cash transactions. Up until now this has been difficult: financial institutions face prohibition laws at a federal level doing business with cannabis companies in States where Cannabis is legalized. The bill will allow financial institutions safety from federal laws if they do business with companies in the cannabis industry.

Read More: Newsmax

SCIENTIFIC PROOF: SMOKING WEED HAS COGNITIVE AND PSYCHOMOTOR EFFECTS

Advocates of cannabis use as a recreational drug have long argued that it is safe. However, a new study has shown that smoking weed has a negative effect on brain function.

The main active constituent in canabis is Delta(9)-Tetrahydrocannabinol (THC). The study looked at the effect of increasing the dose of Delta(9)-Tetrahydrocannabinol (THC), combined with tobacco, on users compared with the control group who did not smoke cannabis. Before now no one had studied the effects of increased levels of Delta(9)-Tetrahydrocannabinol (THC) on behaviour.

As the strength of weed increases, and as some states have now legalised recreational cannabis use the study is very timely.

The results showed that users showed worsening motor skills and processing times. The study warned that consequently recreational cannabis use poses a public health and safety issue.

Read More