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imo,, A good day.. FBCD is
still trading &
No sell off
imo,, first 4 trades was to induce panic, same seller
Didnt work
Waiting for the PR that explains "The Deal"
IMO,, Deal has been made &
the Company is moving forward..
Time will tell
FBCD
I seen that also,, and like you would
rather keep the 15 dollars..
We should find out soon enough..
Maybe a sell off or a
spike in pps
Thanks
Maybe, but imo CBIS is the
Stronger player
They also communicate with their shareholders {a pr machine lol}
a lot more then most penny plays out there..
CBIS is Not a IBM or BRK.A or B
The pps is where its at because of the un-certainties.
If all the i were dotted & all the un-certainties were cleared up
CBIS pps would blow through the roof..
I been in this stock for a long time As in Years..
When alphatrade featured CBIS,, The pps went over 1.50
One thing is for Certain, CBIS Long Holders have been & will be rewarded..
Id rather be in then sitting on the sidelines saying
shoulda woulda coulda..
Happy Trading to All
What did LeClerc do?? FBCD is still
Trading despite what others were/are saying..
imo,, They settled
FBCD LeClerc Not in jail
FBCD still trading
FBCD NO trading halts
FBCD Not at .0001
FBCD accumulation mode
FBCD Any word on a settlement with Mr. Hand,, pps heads North,,imo
Howdy,, smell a nickle? you must have a
nose for money lol
o/t,,
Speaking of noses or lack of,
Found a
English Bulldog yesterday
Actually he found me.
Fat as 2 hogs & even sounds like 1 when snorting lol.
He actually so Ugly that he`s cute lol
Some one is missing him..
250 flyers stapled to telephone poles today
Hope all is well with you and the Pets
Happy Trading
Things are only going to
get better..
Said that 2 years ago lol
The whole Medicinal Marijuana sector is going to take off
Some will ride the coat tails of others, But
One thing is for sure
This Sectors` pps is Heading North
Also
Congrats to the admins here.
Excellent job and All for the stock MJNA
Not like other boards where admins bash
and cry about everything..
Also,,
The Investing community and people in general, have No idea these medicinal pot stocks exist..
Ground floor opp here,, when the masses learn about this sector,
Kaboom time.
Trading position & core position
Best of trading to all
What if,,
Mr. LeClerc & Mr Hand worked something out?
No idea what that could be..
I dont think a coke and a smile will satisfy Mr Hand..
I`ll take door # 2,,
Chris makes a deal with Hand..
imo,, not a lot of volume for any share dumpage on fears of losing the company..
I would think that if FBCD goes to a receiver,, Mr. LeClerc would lose his shares
Why not sell the shares & get all that he can get before losing it all.
Hence,, The Deal
What about the
12+ Million shares traded the other day..
Some one loaded up
Some may know something
Or another theory {1 theory is just as good as the next}
What about Hand buying those shares and accumulating
What If
Mr. LeClerc approached Hand & said
Stocks @ sub-penny
this is what we have to
move the pps when time is right {after Hands` accumulation}
Until then,, FBCD Company will keep shareholders in the dark {no news, no communications}
News pops,, pps heads North,, Everyone Happy!!!
And of course in
3-D mode
Enjoy the weekend
I would think that if
a ton of shares were being diluted & hit the market
FBCD pps would Not move as fast as it does..
I`ve seen stocks trade 100 million shares or more with out pps moving..
Not the case here
Any buying pressure pps heads north fast
Hey it`s Friday
have a smoke lol
ditto
It appeared to me that
someone was trying to take it down..
Selling @ .0007 & 8s when bids were higher..
And
who the heck would sell small amounts of shares when volume is smoking & pps is heading North..
Best of trading to you
Nice volume,, expected better though
Early
sellers maybe waiting for a dip..
Not today imo & on Monday
pps further heading North
Holy smokes,, A green Friday lol...eom
LOL That`s almost funny.. At least
she doesnt have to go far for help
Do they have computers in
mental institutions for the crazies..
I guess they do
Hope & Greed...eom
I do agree with you that Lots do
trade higher,,
Disagree on this one only because a year isnt up yet..
Can never tell how these pennies will run, North or South..
LOL thats almost funny.. Still doing
some DD on this one..
Hit or miss for me
Is this the same SSOL stock that ran
from .02 to over 220.00 back around 2000/1
Dot-com days
One heck of a ride on that one..
No one really cared what the company did,,
if it was a dot-com, it was a guaranteed 50 bagger lol
Thanks & best of trading to all
Calm before the storm
imo,, I believe that everyone
is waiting on the 29th & news..
But
FBCD sure was manipulated..
The selling of 5k shares imo was manipulation.
At times first trade of day was 5k @ bid,, no one is that broke lol..
Commission was more then you would get for the sale
I do believe though
That Mr LeClerc could have stopped all that with some positive news
I hope your day is going well
Number One Rule in Playing
the pennies,,
There Are No Rules
Buyer Beware
That being said
CBIS = ground floor opp..
PPS will head North when its time
It wasnt selling,,
It was manipulation..
And out of all the
otcbb,, grey sheet & penny stocks out there [Couple thousand+}
How many investors have filed complaints..
Id say a gazillion
SEC short staffed, has their work cut out for them
Thank You Mr. Ranger,, I
appreciate the response..
I also posted,, like you did the
confidentially of the investigation..
Not trying to hide anything..
What I was also trying to point out was,,
even if the person who filed the complaint called and asked about the investigation,, they would receive the same response as if someone just calling and asking like I did..
Hope that makes sense..
I only brought it up because another FBCD poster says only the one that files the complaint can retrieve the info of the investigation,
which is totally False
btw English is my second language..Sorry for the grammar
And I do agree the SEC is short handed.. More concentration on the Enron companies out there..
I have seen penny stocks trading 40 +Billion shares a day with out pps movement and with out trading halts.. Total scams
Enjoy your weekend
Fluff or not and I
dont believe it is,,
No one can say that CBIS doesnt communicate with its
Shareholders..
I just talked to the SEC,,
I spoke with a Ms Leslie Garner and told her I was following up on some Due Diligence on FBC Holdings Inc, Ticker FBCD
As of today
There is NO SEC Investigations going on with FBCD
Not in the public data base I was told
However,, if there is an internal investigation going on
The Lady I spoke with, is Not privy to it & Neither is anyone else including me and anyone and everyone on this board..
The Lady I spoke with handles ALL complaints about all securities
Number is below for those that choose to call
Investor Assistance (800) 732-0330
hit 6 then 2 & that will get you to the right dept..
Also, I copied & pasted this from the SEC Site,,
The SEC cannot announce that it’s working on a
suspension. We conduct this work confidentially to
maintain the effectiveness of any related investigation
we may be conducting. Confidentiality also protects
a company and its shareholders if the SEC ultimately
decides not to issue a trading suspension. The SEC
is mindful of the seriousness of suspensions, and
carefully considers whether it is in the public interest
and for the protection of investors to order a trading
suspension
Maybe but not in this case.. I do believe that it
is a LAW that they have to inform you that you`re being recorded..
I dont mind if they did but was never told I was being recorded..
Call and find out for yourself..Pretty easy DD
FBCD,,I can not Post my
conversations with State of New Hampshire
Department of State Bureau of Securities Regulations
But you can bet that if I sent & gotten emails back concerning
FBCD and the upper powers
I would post them in a second..
The Last thing Im worried about is
a receiver for FBCD.. Not happening imo
And
Too late to call now But I will call the
Department of State Bureau of Securities Regulations
Tomorrow,, Again
And ask if I can send an email to them & if I can post their response..
They didnt seam to be to busy
Answered questions and kept me on phone for 40 minutes
Real nice people & eager to tell me how their system works
Have a restful night
FBCD,,
"Amazing how distortion takes place when one doesn't spend the time to actually read & comprehend due diligence"
You got that right,, 100% agree
So you communicated by email,,
Can you post the emails,, for DD sake,, you know, being a board poster,, one would like factual info rather then just hear-say
I believe you call it, "comprehend due diligence"
I talked to them via phone
2 attorneys & 1 other person who explained how their offices work their cases..
btw,,
Mr Adrian La Rochelle is the new guy on the block..
Very smart & very savvy..
and another btw,,
The SEC is NOT Investigating FBCD..
They may in the near future,, but as of now
They are not
Also,, There will be NO Receiver for FBCD
imo after DDing the whole mess
The SEC is NOT Investigating FBCD,, I
just talked to a Few people over at the offices in New Hampshire..
Not even affiliated with the SEC..
More like an Attorney Generals office following up on complaints..
Straight from the horses mouth,, Plural.. As in more then 1 person I talked to said this..
If wrong doing found,, then they turn it over to the SEC..
They Only handle in State complaints with in the state.. Period
When asked if I wanted to make a complaint
I said NO
I play the Penny stocks because I am Greedy..
Told them the Number 1 rule in the penny exchange is,, there are no rules..
I accept that and play at my own risks with out the cry baby stuff..
Again,,, The SEC IS NOT INVESTIGATING FBCD..
cya next week
DENVER, June 2 (Reuters) - Throughout his presidency, Barack Obama hasn't exactly been a friend to marijuana users.
Sure, he has acknowledged smoking pot as a young man, but he has disappointed marijuana advocates by opposing its legalization, regulation and taxation like alcohol.
And the Justice Department's occasional crackdown under his administration on medical marijuana dispensaries, which 17 states and the District of Columbia allow, has angered others.
So now, with Obama facing a stiff challenge from Republican Mitt Romney in the Nov. 6 election, it's ironic that his chances of winning the key state of Colorado could hinge on marijuana legalization, supported by a growing number of Americans.
At issue is whether Obama will get a boost from young voters expected to be among the most enthusiastic backers of a Colorado ballot initiative that would legalize possession of up to an ounce of pot for recreational use - and give the state the most liberal marijuana law in the nation.
The initiative is a reflection of Colorado's unique blend of laid-back liberalism and anti-regulation conservatism that helped make the state the birthplace of the Libertarian Party.
It's a state where people of different political stripes see marijuana laws as an example of government needlessly sticking its nose where it doesn't belong.
It's also a proving ground for advocates who see legalization as a way to ease crowding in prisons, generate much-needed tax revenues, create jobs and weaken Mexican cartels that thrive on Americans' appetite for illegal drugs.
The Rocky Mountain State already allows the use of marijuana for medical purposes such as severe pain relief, and some communities have embraced it enthusiastically.
The prevalence of medical marijuana dispensaries in Denver has moved pot into the mainstream in Colorado's capital city.
In Denver County, home to about 600,000 people, one in every 41 residents is a registered medical marijuana patient, leading to chuckles about the "Mile High City." Denver is roughly a mile above sea level.
The number of places licensed to sell medical marijuana products has reached 400 here, according to the Denver Post. That means there are more dispensaries in the capital than there are Starbucks coffee shops (375) statewide.
A similar bill is on the ballot in Washington, another state that already allows use of medical marijuana. If approved, the initiatives would put the states squarely in the crosshairs of federal law, which classifies cannabis as an illegal narcotic.
PATH TO THE WHITE HOUSE
It's unclear precisely how the U.S. Justice Department - whether led by Obama or Romney - would respond if Colorado, Washington or other states legalize marijuana for recreational use. Both politicians oppose legalizing the drug.
But in a close presidential election in which Colorado could be a tipping point - and with polls showing Obama has up to a 30-point edge over Romney among voters age 30 and under - the state's marijuana initiative could be a factor if it inspires waves of young voters to cast ballots on Nov. 6.
"This is an issue that is really meaningful to young people, people of color, disenfranchised communities," groups that typically lag in registering and showing up to vote, said Brian Vicente, 35, executive director of Sensible Colorado, a group seeking less restrictive marijuana laws.
"Democrats and Obama need these groups to win," Vicente said. "The path to the White House leads through Colorado. We feel we can motivate these groups."
Last winter, Public Policy Polling found that 49 percent of Coloradans favored legalization, while 41 percent opposed it.
As much as some Democrats feel they have the wind at their backs, they are fighting history in Colorado. Obama won the state in 2008, but he was the first Democratic presidential contender to do so in 16 years.
And even though a majority of the delegates at the Colorado Democratic Party's convention last month said they supported legalization, some party officials are skeptical the politically diverse movement will help Obama much this fall.
They note that Colorado voters rejected such a legalization measure in 2006, and that Californians blocked a similar initiative two years ago.
"If they get 40 percent" of voters supporting legalization, "they should throw themselves a party," said Matt Inzeo, spokesman for Colorado's Democratic Party.
Others see more potential in the legalization debate's impact on the presidential race.
Tom Jensen of Public Policy Polling said that if the state-by-state race for the 270 electoral votes needed to win the presidency comes down to Colorado's 9 electoral votes, marijuana "could be a difference maker."
BROADENING SUPPORT
During a recent visit to Colorado, Romney seemed irritated when a local television reporter quizzed him on his views about gay marriage, immigration reform and marijuana legalization.
"Aren't there issues of significance you'd like to talk about?" an exasperated Romney asked.
In Colorado, however, marijuana is significant. And its acceptance hasn't been limited to more liberal areas.
Colorado Springs, home to the U.S. Air Force Academy and the evangelical Christian group Focus on the Family, is one of the most conservative cities in the United States. But the city of 400,000 about 70 miles south of Denver has nearly as many marijuana dispensaries as churches, according to city records.
Supporters of Colorado's initiative point to a broadening coalition of those who support legalization, including local civil rights and union leaders.
Those opposing marijuana legalization often cite the drug's impact on youths.
Roger Sherman, a strategist for the campaign against Amendment 64, said "there's a tremendous amount of enthusiasm and a high level of concern" among those who oppose legalization. His group cites increased drug use among children and increasing cases of impaired driving.
Nationwide polling on marijuana legalization, although sparse, suggests that support now equals support for marriage equality, which just found a new backer in Obama.
In October, 50 percent of Americans said "yes" when asked by Gallup, "Do you think the use of marijuana should be made legal, or not?" When Gallup asked that in 1969, 12 percent said yes.
Last week, a Rasmussen Reports survey said 56 percent of likely U.S. voters favored legalizing and regulating marijuana.
QUESTIONING OBAMA
Supporters of legalization also argue that regulating marijuana - and capturing tax revenue from its sale - could help governments, cities and towns face increasingly tight budgets.
In 2011, taxes for medical marijuana generated $5 million for Colorado. Denver-based political strategist Rick Ridder said that depending upon the cost of an ounce, legalization would likely generate $20 million to $80 million in annual tax revenue for Colorado and local communities.
As designed, Amendment 64 would designate its first $40 million in tax revenue for rebuilding public schools. As part of a bond issue, that amount could turn into a treasure chest for public education funding in Colorado.
Legalization advocates see Obama's crackdown on some medical marijuana outlets as hypocritical, noting that in his memoir "Dreams from My Father" he acknowledged smoking pot as a youth.
"It's really insulting with this president. He actually smoked pot in high school and college. The only difference is he didn't get caught. If he had gotten caught, he would not be president," said Wanda James, 48, whose business, Simply Pure, supplies 300 Colorado dispensaries with edible marijuana.
She tells community leaders that legalization is not just about pot smokers having a good time, legally. She sees it as a way to ease prison crowding, help cash-strapped governments, provide jobs and weaken drug cartels.
http://www.huffingtonpost.com/2012/06/02/obama-marijuana-colorado_n_1564678.html?icid=maing-grid7%7Cmaing10%7Cdl2%7Csec3_lnk3%26pLid%3D166423
Like I said & been saying,,
Ground Floor Op
DENVER, June 2 (Reuters) - Throughout his presidency, Barack Obama hasn't exactly been a friend to marijuana users.
Sure, he has acknowledged smoking pot as a young man, but he has disappointed marijuana advocates by opposing its legalization, regulation and taxation like alcohol.
And the Justice Department's occasional crackdown under his administration on medical marijuana dispensaries, which 17 states and the District of Columbia allow, has angered others.
So now, with Obama facing a stiff challenge from Republican Mitt Romney in the Nov. 6 election, it's ironic that his chances of winning the key state of Colorado could hinge on marijuana legalization, supported by a growing number of Americans.
At issue is whether Obama will get a boost from young voters expected to be among the most enthusiastic backers of a Colorado ballot initiative that would legalize possession of up to an ounce of pot for recreational use - and give the state the most liberal marijuana law in the nation.
The initiative is a reflection of Colorado's unique blend of laid-back liberalism and anti-regulation conservatism that helped make the state the birthplace of the Libertarian Party.
It's a state where people of different political stripes see marijuana laws as an example of government needlessly sticking its nose where it doesn't belong.
It's also a proving ground for advocates who see legalization as a way to ease crowding in prisons, generate much-needed tax revenues, create jobs and weaken Mexican cartels that thrive on Americans' appetite for illegal drugs.
The Rocky Mountain State already allows the use of marijuana for medical purposes such as severe pain relief, and some communities have embraced it enthusiastically.
The prevalence of medical marijuana dispensaries in Denver has moved pot into the mainstream in Colorado's capital city.
In Denver County, home to about 600,000 people, one in every 41 residents is a registered medical marijuana patient, leading to chuckles about the "Mile High City." Denver is roughly a mile above sea level.
The number of places licensed to sell medical marijuana products has reached 400 here, according to the Denver Post. That means there are more dispensaries in the capital than there are Starbucks coffee shops (375) statewide.
A similar bill is on the ballot in Washington, another state that already allows use of medical marijuana. If approved, the initiatives would put the states squarely in the crosshairs of federal law, which classifies cannabis as an illegal narcotic.
PATH TO THE WHITE HOUSE
It's unclear precisely how the U.S. Justice Department - whether led by Obama or Romney - would respond if Colorado, Washington or other states legalize marijuana for recreational use. Both politicians oppose legalizing the drug.
But in a close presidential election in which Colorado could be a tipping point - and with polls showing Obama has up to a 30-point edge over Romney among voters age 30 and under - the state's marijuana initiative could be a factor if it inspires waves of young voters to cast ballots on Nov. 6.
"This is an issue that is really meaningful to young people, people of color, disenfranchised communities," groups that typically lag in registering and showing up to vote, said Brian Vicente, 35, executive director of Sensible Colorado, a group seeking less restrictive marijuana laws.
"Democrats and Obama need these groups to win," Vicente said. "The path to the White House leads through Colorado. We feel we can motivate these groups."
Last winter, Public Policy Polling found that 49 percent of Coloradans favored legalization, while 41 percent opposed it.
As much as some Democrats feel they have the wind at their backs, they are fighting history in Colorado. Obama won the state in 2008, but he was the first Democratic presidential contender to do so in 16 years.
And even though a majority of the delegates at the Colorado Democratic Party's convention last month said they supported legalization, some party officials are skeptical the politically diverse movement will help Obama much this fall.
They note that Colorado voters rejected such a legalization measure in 2006, and that Californians blocked a similar initiative two years ago.
"If they get 40 percent" of voters supporting legalization, "they should throw themselves a party," said Matt Inzeo, spokesman for Colorado's Democratic Party.
Others see more potential in the legalization debate's impact on the presidential race.
Tom Jensen of Public Policy Polling said that if the state-by-state race for the 270 electoral votes needed to win the presidency comes down to Colorado's 9 electoral votes, marijuana "could be a difference maker."
BROADENING SUPPORT
During a recent visit to Colorado, Romney seemed irritated when a local television reporter quizzed him on his views about gay marriage, immigration reform and marijuana legalization.
"Aren't there issues of significance you'd like to talk about?" an exasperated Romney asked.
In Colorado, however, marijuana is significant. And its acceptance hasn't been limited to more liberal areas.
Colorado Springs, home to the U.S. Air Force Academy and the evangelical Christian group Focus on the Family, is one of the most conservative cities in the United States. But the city of 400,000 about 70 miles south of Denver has nearly as many marijuana dispensaries as churches, according to city records.
Supporters of Colorado's initiative point to a broadening coalition of those who support legalization, including local civil rights and union leaders.
Those opposing marijuana legalization often cite the drug's impact on youths.
Roger Sherman, a strategist for the campaign against Amendment 64, said "there's a tremendous amount of enthusiasm and a high level of concern" among those who oppose legalization. His group cites increased drug use among children and increasing cases of impaired driving.
Nationwide polling on marijuana legalization, although sparse, suggests that support now equals support for marriage equality, which just found a new backer in Obama.
In October, 50 percent of Americans said "yes" when asked by Gallup, "Do you think the use of marijuana should be made legal, or not?" When Gallup asked that in 1969, 12 percent said yes.
Last week, a Rasmussen Reports survey said 56 percent of likely U.S. voters favored legalizing and regulating marijuana.
QUESTIONING OBAMA
Supporters of legalization also argue that regulating marijuana - and capturing tax revenue from its sale - could help governments, cities and towns face increasingly tight budgets.
In 2011, taxes for medical marijuana generated $5 million for Colorado. Denver-based political strategist Rick Ridder said that depending upon the cost of an ounce, legalization would likely generate $20 million to $80 million in annual tax revenue for Colorado and local communities.
As designed, Amendment 64 would designate its first $40 million in tax revenue for rebuilding public schools. As part of a bond issue, that amount could turn into a treasure chest for public education funding in Colorado.
Legalization advocates see Obama's crackdown on some medical marijuana outlets as hypocritical, noting that in his memoir "Dreams from My Father" he acknowledged smoking pot as a youth.
"It's really insulting with this president. He actually smoked pot in high school and college. The only difference is he didn't get caught. If he had gotten caught, he would not be president," said Wanda James, 48, whose business, Simply Pure, supplies 300 Colorado dispensaries with edible marijuana.
She tells community leaders that legalization is not just about pot smokers having a good time, legally. She sees it as a way to ease prison crowding, help cash-strapped governments, provide jobs and weaken drug cartels.
http://www.huffingtonpost.com/2012/06/02/obama-marijuana-colorado_n_1564678.html?icid=maing-grid7%7Cmaing10%7Cdl2%7Csec3_lnk3%26pLid%3D166423
Maybe so,, but I doubt that the Pharma
companies want this to succeed..
Maybe just out right buy the company and shelf all products..
imo,, Pharma want people sick..
How else would they make money if everyone got better
And it wouldnt surprise me that the Pharma co. are pushing the feds to suppress all medicinal pot companies..
They got the big bux & power to do so.
Throw in the drug cartels, greasing politicians hands to Not make any of this happen..
They would lose big time
But no matter what happens
I still say this is ground floor op
but I been saying that for a few years now lol
Enjoy your weekend
The competition isnt
CBIS,,
Its the Pharma companies that will NOT want this to succeed
Any & All Medicinal Marijuana stocks & products are a
Serious Threat to the Pharms companies bottom line..
Not rocket science here
What is here is
Bottom Floor Op
Smart investors see it
Dumb people bash it
Best of trading to all
Medical Marijuana States Add Number 17, Connecticut
Connecticut Gov. Dannel Malloy on Friday signed a bill permitting the medical use of marijuana statewide, making Connecticut the 17th state to enact such a law.
A month ago, the Connecticut Senate voted 21 to 13 in favor of HB 5389, the Palliative Use of Marijuana Act. The legislation, which allows for the limited use and distribution of cannabis as medicine, comes after federal officials ramped up enforcement actions against state-sanctioned medical marijuana dispensaries last fall, with scores of raids primarily in California.
Since October 2009, the Justice Department has conducted more than 170 SWAT-style raids in nine medical marijuana states, resulting in at least 61 federal indictments, according to data compiled by Americans for Safe Access. The latter group worked with local advocates to help pass the Connecticut law.
"We are encouraged that state officials are standing up to federal intimidation and moving ahead with the passage of important public health laws," said Steph Sherer, executive director of Americans for Safe Access, in a statement Friday. "We hope other states follow Connecticut's lead in passing medical marijuana laws so that patients are not left unprotected and vulnerable to law enforcement actions."
Although advocates are celebrating the Connecticut victory, they've cited a number of issues with the legislation, including prohibitions against patients growing their own pot and a restrictive list of qualifying medical conditions that excludes "chronic pain," among other commonly cited ailments.
According to the Associated Press:
Malloy said Friday that the law will allow the Department of Consumer Protection to regulate and monitor the use of marijuana in a way that will help avoid problems seen in other states.
Patients will be able to obtain marijuana only from certified pharmacists. The law allows for the licensing of at least three but not more than 10 marijuana producers statewide.
Qualifying conditions for patients include cancer, glaucoma, AIDS or HIV, Parkinson's disease and multiple sclerosis.
Connecticut is the fourth state in New England to legalize medical cannabis and the 17th state since California first made it legal in 1996. Medical marijuana is now permitted in Alaska, Arizona, California, Colorado, Connecticut, Delaware, Hawaii, Maine, Michigan, Montana, Nevada, New Jersey, New Mexico, Oregon, Rhode Island, Vermont, and Washington, as well as the District of Columbia.
http://www.huffingtonpost.com/2012/06/01/medical-marijuana-connecticut-17th-state_n_1563206.html
Medical Marijuana States Add Number 17, Connecticut
Connecticut Gov. Dannel Malloy on Friday signed a bill permitting the medical use of marijuana statewide, making Connecticut the 17th state to enact such a law.
A month ago, the Connecticut Senate voted 21 to 13 in favor of HB 5389, the Palliative Use of Marijuana Act. The legislation, which allows for the limited use and distribution of cannabis as medicine, comes after federal officials ramped up enforcement actions against state-sanctioned medical marijuana dispensaries last fall, with scores of raids primarily in California.
Since October 2009, the Justice Department has conducted more than 170 SWAT-style raids in nine medical marijuana states, resulting in at least 61 federal indictments, according to data compiled by Americans for Safe Access. The latter group worked with local advocates to help pass the Connecticut law.
"We are encouraged that state officials are standing up to federal intimidation and moving ahead with the passage of important public health laws," said Steph Sherer, executive director of Americans for Safe Access, in a statement Friday. "We hope other states follow Connecticut's lead in passing medical marijuana laws so that patients are not left unprotected and vulnerable to law enforcement actions."
Although advocates are celebrating the Connecticut victory, they've cited a number of issues with the legislation, including prohibitions against patients growing their own pot and a restrictive list of qualifying medical conditions that excludes "chronic pain," among other commonly cited ailments.
According to the Associated Press:
Malloy said Friday that the law will allow the Department of Consumer Protection to regulate and monitor the use of marijuana in a way that will help avoid problems seen in other states.
Patients will be able to obtain marijuana only from certified pharmacists. The law allows for the licensing of at least three but not more than 10 marijuana producers statewide.
Qualifying conditions for patients include cancer, glaucoma, AIDS or HIV, Parkinson's disease and multiple sclerosis.
Connecticut is the fourth state in New England to legalize medical cannabis and the 17th state since California first made it legal in 1996. Medical marijuana is now permitted in Alaska, Arizona, California, Colorado, Connecticut, Delaware, Hawaii, Maine, Michigan, Montana, Nevada, New Jersey, New Mexico, Oregon, Rhode Island, Vermont, and Washington, as well as the District of Columbia.
http://www.huffingtonpost.com/2012/06/01/medical-marijuana-connecticut-17th-state_n_1563206.html