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Legalize Growing and Distribution of Cannabis. Mitch Jaeger. What is Cannabis?. Two Main Substances THC and CBD Three Different Species Cannabis Sativa Cannabis Indica Cannabis Ruderalis. Uses o f Cannabis. Most common use is Hemp Create alternatives to gas and plastics New Bio-fuel
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Legalize Growing and Distribution of Cannabis Mitch Jaeger
What is Cannabis? • Two Main Substances • THC and CBD • Three Different Species • Cannabis Sativa • Cannabis Indica • Cannabis Ruderalis
Uses of Cannabis • Most common use is Hemp • Create alternatives to gas and plastics • New Bio-fuel • Body care products
Uses of Cannabis • Fabrics, more durable than cotton • Ropes and sails • “Hemp is of first necessity to the wealth and protection of this country” –Thomas Jefferson • Hemp also produces healthy, high protein edibles • Hemp Seeds, Oil, Milk • Provides raw materials of over 25,000 products
Things to Think About • How many deaths do you think have been recorded of overdosing or abusing marijuana? • Now think of how many died from overdosing on drugs prescribed by your doctors?
Medical Uses of Marijuana • Help patients that suffer from: • Chronic pain • Epilepsy • Cancer • Anorexia • Aids • Glaucoma, migraines, Multiple Sclerosis and more
Financial Benefits • To expensive for our justice system • 750,000 arrested annually in the U.S • 16,000 in Wisconsin • $440 in law enforcement resources per arrest • Save taxpayers 3.5 million • Not including those incarcerated • If sentenced to jail: • 144 per day in Milwaukee County • 50,000 a year per inmate
Creation of More Jobs • California dispensary chain called weGrow • Potential for each store to create 75 jobs • In the next five years: • Anticipated opening 75 state wide • 1,000 nationwide to states that already legalize medical marijuana
Success in Other States • Washington projected to bring in 500 million this year from marijuana sales • 2011 Oakland, California raised 1.3 million in tax revenue from medical marijuana • Bloomberg BusinessWeek Reports: • Cannabis industry has potential to become multi-billion dollar industry