New York Adds Chronic Pain to Medical Marijuana List

In a major development for New York, its Department of Health officially approved a regulation, first proposed in December, to allow people with “any severe debilitating pain that the practitioner determines degrades health and functional capability” that has lasted or is expected to last at least three months to access legal medical marijuana. The state

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Is the LSAT Headed the Way of the Dodo?

The Harvard of law schools, Harvard, recently announced it will now accept the GRE exam in lieu of the LSAT as a criterion for admission. What’s different between the two? According to qsleap.com, “The LSAT is more a test of your reasoning skills than your subject knowledge (in math and verbal). The GRE is a mix of

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Just a Snap to Huge IPO

It appears the initial public offering market is indeed waking up. Last Thursday, Snap Inc. raised $3.4 billion in its IPO onto the New York Stock Exchange. OK not the biggest ever, since Alibaba raised almost $22 billion in 2014. But it’s the biggest tech IPO since the Amazon of China smashed the records. Snap,

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Bi-Partisan Team Introduces Federal Cannabis Decriminalization Bill

Republican Congressman Tom Garrett this week introduced a bill that would decriminalize marijuana and remove it from the list of controlled substances as a “Schedule I drug.” The bill is called the “Ending Federal Marijuana Prohibition Act of 2017.” With Garrett as sponsor is Democrat Rep. Tulsi Gabbard. Bernie Sanders tried to do this a few

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Major US Banks are Opening Cannabis Accounts

According to this piece in the Fresh Toast, America’s four largest banks have been actively opening accounts for medical marijuana dispensaries. The article mentions a study done by MRB Monitor, which found that in Massachusetts alone, more than a third of those applying to get dispensary licenses had bank accounts either at Bank of America,

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Trump Sued Over Executive Order to Reduce Regulations

A number of liberal groups filed a lawsuit today to challenge Pres. Trump’s January 30 executive order that for every new regulation an agency must eliminate two old regulations. The lawsuit says it requires agencies to be “arbitrary,” which they would not be allowed to do if true. It also says the order is outside

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Wow! Dow 20,000

What a ride it’s been. In March 2009 at the nadir of the last bear market, the Dow Jones Industrial Average hit 6547, the lowest it had been in 12 years. Today the Dow hit 20,000 for the first time. So if you invested at that low you’ve tripled your money in the last 8

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Times Editorial Urges Trump to Widen Cannabis Research

The old gray lady, The New York Times, wrote an editorial last week encouraging the Trump Administration to significantly expand the opportunity for US researchers to grow and study cannabis. It reminded me a bit of the 2013 Sanjay Gupta MD special on cannabis on CNN. Gupta originally believed that pot is dangerous, a gateway drug,

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Sessions Backs Off Cannabis Criticism

At his confirmation hearing to become the next US Attorney General yesterday, Alabama Sen. Jeff Sessions seemed to soften his previous extreme views against legalization of cannabis. As we know, recently Sessions said things like “Good people don’t smoke marijuana” and it is “not the kind of thing that ought to be legalized.” Yesterday a

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