Technical420 Site Search

Yesterday, Delaware passed legislation to decriminalize marijuana after the state Senate approved a bill that treats simple marijuana possession like a speeding ticket. Governor Jack Markell signed the legislation into law almost immediately after the Senate approved it. The law will go into effect six weeks after being signed by…

The United States Drug Enforcement Administration (DEA) proposed another increase to the amount of marijuana allowed to be produced this year for research purposes. Over the last year, the DEA has seen a significant increase in demand from researchers who want to study the medical benefits associated with marijuana.Increased demand…

Christmas came early for scientists at Sydney University in Australia after Barry and Joy Lambert donated $33.7 million to research the medical benefits of cannabis. This is the largest research donation in the university's history.Barry Lambert was a very successful financial planner who said that his family made this donation…

The legal marijuana industry received support from the United States Agriculture Secretary Tom Vilsack and former President Bill Clinton. Vilsack said that cannabis has become one of the most valuable commodities in American agriculture.At the event, Vilsack called attention to the lack of things that can be planted in urban…

Yesterday, the New York State Department of Health announced that 43 companies applied for five licenses to grow and sell medical marijuana. The applicants had to complete a massive amount of paperwork and pay $10,000 just for the opportunity to apply.The companies that are selected will not have it easy.…

New Jersey Governor Chris Christie is at it again. On Sunday, Christie said if he was president he would enforce federal drug laws in states that have legalized and regulated cannabis. Christie said he would crack down and not permit it.These comments were made during CBS’ “Face the Nation” program.…

Nemus Bioscience Inc. (NMUS) is a biopharmaceutical company focused on developing cannabis-based therapeutics for the treatment of a variety of diseases. Although Technical420 currently has a Hold rating on shares of NMUS, we see long term potential for the following reasons: 1) Their partnership with the University of Mississippi (UM) offers the…

Today, Smart Approaches to Marijuana will present a plan to officials in Washington that aims to ease restrictions on scientific research into marijuana.  The group was co-founded by former United States Congressman Patrick Kennedy and opposes the legalization of marijuana.Kevin Sabet, the president of Smart Approaches to Marijuana said, "Let's put research…

Florida regulators expect to be able to provide registered patients access to a strain of marijuana known as Charlotte's Web by the end of the year. The strain is non-euphoric and is high in cannabidiol (CBD) and low in tetrahydrocannabinol (THC).This development comes after Judge W. David Watkins dismissed the…

Today, the Louisiana State Senate passed legislation which decriminalized the possession of marijuana. The bill was sponsored by Democratic Senator J.P. Morrell who wants to bring Louisiana's marijuana laws closer in line with other states.Under current law, the possession of any amount of marijuana up to 60 pounds is treated the…