Anti-Pot Legalization Group Pushes For More Marijuana Research


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Anti-marijuana legalization group Smart Approaches to Marijuana made an unexpected move this week and called for the Federal government to loosen the restrictions regarding scientific research into medial marijuana. The group, which is against the legalization of marijuana, says that more research is a necessary step in keeping marijuana from becoming a widely used drug, but still exploring its medical possibilities.Making Research AvailableOn Thursday, SAM cofounder and former US Congressman Patrick Kennedy presented the group's plan to lawmakers in Washington in hopes of gaining some support. The initiative includes relaxed regulations governing the entities allowed to grow marijuana used for federally sanctioned research as only the University of Mississippi has that privilege at the moment. The proposal also eliminates a mandatory Department of Health review that marijuana studies must undergo before being given the green light as the group said it is cumbersome and impedes the research process.Keeping Marijuana From Becoming Big TobaccoWhile calling for less marijuana restriction may seem counterintuitive for a group that opposes legalization, SAM says it is taking a logical position in between prohibition and full legalization. The group hopes to keep marijuana from becoming a big business like the tobacco industry, but has no interest in impeding medical innovation. Companies like GW Pharmaceuticals (NASDAQ: GWPH) have been working to understand the benefits of cannabinoids to develop new drugs to treat things like childhood epilepsy, and SAM members say that's a good thing. The medical properties of marijuana can't be denied, so the group says that making medical marijuana research more readily available is an important step forward for the US.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsPoliticsTop StoriesMarketsGeneralmarijuana reform