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Daniel Fung Discusses Why MMJ Is Good for Local Economies

 

As Daniel Fung of Watertown, CT and many other professionals in the MMJ industry would have predicted, there is new research out there that shows that marijuana legalization has produced positive economic benefits to communities that have embraced it. According to a new study released on March 12 from researchers at Colorado State University-Pueblo, the marijuana industry has had a net positive economic benefit to Pueblo County. These positive economic benefits account for any increase in law enforcement and social services demands.

The report estimates that the marijuana industry added $58 million to the county’s economy and added $23 million in costs, resulting in a positive net impact of $35 million in 2016. This is not the only good news. The report estimates that the positive net impact will rise to close to $100 million a year by 2021. In addition to that, researchers found that legalization had very little effect on social changes in the county, meaning it did not cause widespread crime, homelessness, or other issues those against legalization have posited. County officials were happy by the news and noted that the news is likely even better as they feel that the study was conservative and understated the revenue and overstated the costs.

This is big news for Daniel Fung of Watertown, CT and other advocates and professionals in the industry because it debunks many arguments those against legalization have said. In New Jersey, for example, there is a big fight among those on both sides, and one of the arguments those for prohibition keep pointing out is that legalization will mean that the state and local municipalities will need to invest much more in law enforcement and social services to combat the increased crime and other issues they argue will occur with legalization.

This study shows this simply isn’t the case, and one county is seeing positive changes from legalization. Daniel Fung of Watertown, CT argues that this is just one of many myths that have been debunked over the years about marijuana. As more studies come out, we should see more evidence that marijuana is not the big boogey man some have portrayed it to be and can provide many benefits to individuals and communities at large.

Daniel Fung Reviews New CBD Survey

daniel fung

 

As more and more people explore the benefits of marijuana use for medicinal purposes, there is growing evidence that marijuana should certainly be taken off the Schedule 1 list and studied to see how it may help relieve a number of different health ailments.

There was a recent survey conducted by Brightfield Group and HelloMD, which sought to examine how people were using CBD and whether or not they found it to be effective. CBD is short for cannabidiol, which is one of more than 100 active cannabinoids that can be found in cannabis.

Unlike THC, CBD does not get you high, which is why it is currently legal in every state in the U.S. CBD is obtained from industrial hemp (in most states) and then processed into various products, including tinctures, balms, vape pens, patches, edibles, and more.

Daniel Fung of Watertown, CT says that there were a number of interesting figures from the survey. The first thing was that 55% of those surveyed who said they used CBD were women. And males surveyed said they were more likely to be interested in medical marijuana products that had a greater percentage of THC.

However, there was one thing that was clear: users believed that CBD was working for them. According to a doctor representing HelloMD, 42 percent of the CBD users said they stopped using pain relievers, like Tylenol, and even some prescription medications. Instead, they found that CBD provided enough pain relief to forgo using those other products that often come with significant side effects.

This is no big surprise to Daniel Fung of Watertown, CT and other experts who say that CBD research has indicated the powerful positive effects CBD can have on the body. Daniel Fung works with the best extract artists in the MMJ industry at Dank Fung Extracts to develop vape pens for the tastiest dab experience. He has seen firsthand how CBD can help people suffering through various health ailments.

California Has Legal Cannabis; Will the Rest of the Nation Be Next?

The New Year featured many big changes, but one of the most influential might be what happened in California. On January 1st, the Golden State became one of a few states that have officially legalized recreational marijuana use, and the impact will be huge. So far, Colorado, Washington, Oregon, Alaska, and Nevada have legalized possession and use and have set up marketplaces for buying and selling cannabis. However, as a recent Vox article points out, these states’ economies are rather small in comparison to California.

Altogether, Colorado, Washington, Oregon, and Alaska have less than half the population of California (39 million and 17 million collectively), and California is two and a half times wealthier than those states combined. In fact, California boasts the sixth largest economy in the world on its own, supplanting countries like India, France, Brazil, Italy, and Canada.

According to the Vox article, one cannabis consulting firm estimates that California’s marijuana industry could be worth more than $5 billion by 2018. A recent report from an investment bank believes that the legalization of marijuana in California could triple the size of the nation’s marijuana industry within a decade. This is a big development and could eventually lead to the full repeal of the prohibition of marijuana.

Why Daniel Fung Knows Times Are Changing

Daniel Fung of Watertown CT is an advocate for safe medical marijuana use as users have experienced numerous health benefits. Although marijuana studies are restricted because of antiquated drug laws, we do know that medical marijuana is a viable option for those who suffer from epilepsy, chronic pain, insomnia, and other challenging conditions. It is far safer than opioids, and you cannot overdose on marijuana as you can with prescription pain medication and alcohol.

There are many others like Daniel Fung of Watertown CT. We know this because surveys have shown this time and time again. More people in every age group believe that marijuana should be legalized. And the highest percentages are in the younger age groups, which will soon represent a majority of the voters in the United States. There are many states that will join California very soon to legalize marijuana. Massachusetts voted yes to it in the 2016 and officials are still working on creating the framework. NJ is electing a governor who said he will sign legislation the second it hits his desk. Delaware and Vermont are not far behind either.

How Does CBD Treat Epilepsy?

 

Although we are only at the very beginning stages of understanding how cannabidiol (CBD) can benefit public health, the potential is significant: mitigating symptoms of chronic pain, anxiety, and insomnia are just several that come to mind. However, Daniel Fung, once of Waterford, CT and a leading extractor in the MMJ industry, says that some of the most promising research shows a clear link between CBD and epilepsy treatment.

Epilepsy is a condition that one in 26 Americans will suffer from at some point in their lives. Epilepsy is characterized by the onset of seizures but other health problems may manifest as well. Unfortunately, its effects are most pronounced in children as 34% of all childhood deaths are caused either by a seizure or by an accident that occurs during a seizure. Overall epilepsy is the fourth most common neurological disorder overall.

We currently do not have a standard treatment protocol for epilepsy because every case is unique. Although it can be triggered by a brain injury or the result of family history, the cause will often be unknown. This makes treatment even more difficult. While some will find a cocktail of drugs that work or simply grow out of it, the truth is that others will have to deal with the lifelong recurrent threat.

Daniel Fung Wonders if CBD Is an Answer for Those Who Are Suffering with Epilepsy?

 

There have been numerous success stories that have shown how CBD has helped children and adult control their epilepsy symptoms. Although cannabis is a Schedule 1 drug, the DEA is beginning to loosen the reigns to study the plant for its medicinal effects. However, only a small portion of patients currently have excess to the clinical trials currently going on investigating CBD-rich cannabis.

From what we have seen so far, according to researchers, CBD has had a beneficial impact on some types of seizures, and researchers will see if patients may benefit from products that contain a combination of CBD/THC if they don’t respond to those with just CBD. As the endocannabinoid system, which affects nearly all of the body’s major systems including the nervous system, can be regulated by cannabinoids found in cannabis, Daniel Fung of Waterford, CT says it makes sense that CBD may be a potential treatment solution for epilepsy and other chronic conditions