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DEA Reschedules Marijuana Drug Epidiolex

Although marijuana remains illegal at the federal level in the United States, there will soon be cannabis-based medicine sold in major pharmacies like CVS, Walgreens and Rite Aid. A drug known as Epidiolex, which is derived entirely from cannabidiol or CBD, was recently listed a Schedule V by the U.S. Drug Enforcement Administration.

This rank on the agency’s Controlled Substances Act allows the drug special privileges when it comes to distribution on the pharmaceutical market. Not only is it considered entirely legal to possess and use with a prescription, but it is also considered “medicinal” above all other cannabis products manufactured and sold in legal states across the nation.

It was earlier this summer when the U.S Food and Drug Administration (FDA) made history by giving the green light for the first even cannabis-based drug for distribution on the U.S market.

Although synthetic cannabis medicines, like Marinol, have been around for decades, the approval of Epidiolex, which was developed by British drug company GW Pharmaceuticals, marks the first time a substance made entirely from cannabis has been listed anything other than a Schedule I – a rank that suggests “no known medicinal value.”

Some cannabis advocates believe the Epidiolex deal is a sign that federal marijuana prohibition is on its last leg.

“This is a major shift for FDA/DEA,” attorney David Holland, legal counsel to High Times Magazine, wrote in a Twitter post. “National cannabis legalization should be 18 months or less from here.”

But it might still be too soon to make that call.

Although Epidiolex is marked for Schedule V – a classification that means it has proven medical function with a low potential for abuse – no other form of CBD has been given this consideration.

“As of right now, any other CBD product other than Epidiolex remains a Schedule I Controlled Substance, so it’s still illegal under federal law,” said a spokesperson for the DEA.

This means that Epidiolex will be perfectly acceptable to use as a means for treating children with certain forms of epilepsy, but the law stops there. CBD products purchased from state-licensed medical marijuana dispensaries are still considered violations of federal law. The FDA-approved drug will cost patients an estimated $32,500 per year. But unlike other cannabis medicines, it will be covered by most major health insurance plans.

Still, the cannabis advocacy community is skeptical.

“The DEA’s rescheduling of this plant-derived medicine provides an additional option to patients seeking the therapeutic benefits of cannabis. However, it remains to be seen to what degree physicians will be comfortable prescribing this new agent, and whether most patients can feasibly afford it,” said Paul Armentano, deputy director at NORML.

“We anticipated that Epidiolex will be the first of many potential FDA-approved medicines based on the cannabis plant,” he added. “These are welcome alternatives. But these products should not be regulated in such a manner that patients no longer have ready access to herbal cannabis — a product that humans have used safely and effectively as a medicine for thousands of years and is approved today by statute in 31 states.”

Although most major pharmacy chains like Walgreens, CVS, and Walmart have not yet confirmed their intentions to carry the drug, Rite Aid says it will.

“Rite Aid pharmacists fill prescriptions in accordance with all state regulations and laws as well as those set forth by the DEA and FDA,” Rite Aid spokeswoman Ashley Flower told CNN. “Given that Epidiolex has received approval from the FDA, upon being rescheduled, Rite Aid expects to fill prescriptions for Epidiolex later this year based on availability.”

Kevin Durant And Snoop Dogg Invest In New Marijuana Delivery Service

With the cannabis industry set to explode in the next couple years, we’ve seen investors attempt to find a way into the marketplace however possible. While some talk about a potential bubble, Canada’s soon-to-be adult-use cannabis industry is receiving projections of $1 billion in just its first three months.

Which might explain why NBA superstar Kevin Durant is entering the fray through his Durant Company. The company’s investment portfolio includes names like Postmates, Lime Bike, and the Player’s Tribune. Now it will add the marijuana delivery service Dutchie to its investments. And yes, Dutchie’s name comes from the song you’re thinking of.

According to TechCrunch, Dutchie just raised $3 million with investments from the Durant Company and Snoop Dogg’s Casa Verde Capital. Dutchie is the brain child of co-founder Ross Lipson. The company comes after Lipson’s online food delivery service GrubCanada was sold to Just Eat.

“There’s a lot of hype and speculation around the cannabis space especially in the public markets,” Lipson said. “It’s not a traditional way to go about a business of this size. We’re extremely excited and eager to partner with the investors that we did.”

Lipson explained that cannabis consumers face the same roadblock that would-be diners face when ordering food for the night. Normally you’re trapped with the options around you. But thanks to apps like Postmates, Uber Eats, and GrubHub, users have access to the whole city for options of where to eat. A similar thought process applies to what Dutchie is doing.

“We’re creating a tool that helps the user and consumer navigate the delivery space,” Lipson said. “We’re educating the consumer to that buying experiences…. If you don’t have that online ordering tool in front of you you’re forced to choose a dispensary and take the information that that ‘budtender’ gives you, which is their personal preference.”

Though Eaze is the biggest start-up in the cannabis delivery space, raising at least $37 million says TechCrunch, Lipson’s previous experience in the food delivery space poises him to succeed in a similar manner for the cannabis market. Currently Dutchie operates in Orgeon, Washington, and Michigan with plans to launch in Colorado, Nevada, and California this month. The $3 million Dutchie raised in a seed round came from The Durant Company, Casa Verde Capital, and Sinai Ventures, along with other angel investors.

Katie Holmes Could Lose Custody Of Suri If She Does This; Gwyneth Paltrow And Brad Falchuk Will Marry This Weekend

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KATIE HOLMES COULD LOSE CUSTODY OF SURI CRUISE IF SHE COMMITS THIS ACT

Leah Remini is on a mission to share the truth!

“I keep wondering — why haven’t Katie Holmes or Nicole Kidman spoken out?” Remini told Us Weekly.

“I assume they were forced to sign prohibitive documents. Trust me, Katie’s not allowed to have a meal with me and we used to be close friends. She could lose custody of Suri. It’s quite sick, really.”

Remini went on to share that the people who do participate in her show don’t get off without some consequences. “[They] are harassed constantly, especially me,” she said. “Members of the church go to my mother’s restaurant, confront my little sister and my stepkids in San Francisco, trying to intimidate us. These abusive scare tactics are what they call a religion.”

Karin Pouw, a spokesperson for the church, responded with a statement to Us. “While we would prefer to ignore yet another of Leah Remini’s over-the-top rants aimed at getting attention, she unfortunately continues to incite waves of anti-religious hate crimes. Ms. Remini’s incessant hate speech has required increased security and law enforcement resources spent to protect lives she puts at risk,” the statement said. “Ms. Remini’s ridiculous rants are unending and the myths and tales she and her coproducer spread are grown more bizarre by the day … They hire producers to rehash tired, preposterous myths invented and spread by the same handful of former Scientologists motivated by greed and anger.”

GWYNETH PALTROW & BRAD FALCHUK WILL MARRY IN THE HAMPTONS THIS WEEKEND

Two sources have confirmed exclusively to BAZAAR.com that Gwyneth Paltrow and Brad Falchuk are planning to wed this weekend, in a private and intimate ceremony at their home in the Hamptons.

While it was speculated the couple may have tied the knot in mid-April in a secret wedding, it appears the couple were indeed celebrating their engagement as it was originally announced–with celebrity guests like Jennifer Aniston, Kate Hudson, the bride’s mother Blythe Danner, and other family and friends in tow.

Their actual nuptials, however, are quickly approaching, according to the two anonymous sources with ties close ties to the wedding.

Falchuk was previously married to Suzanne Bukinik, with whom he shares two children, Isabella and Brody. Gwyneth was previously married to Coldplay’s Chris Martin. The two have two children together, Apple, 14, and Moses, 12. The two “consciously uncoupled” in 2015, with Paltrow announcing their split in a personal letter from the editor on GOOP. It’s likely that Falchuk and Paltrow will choose to share photos and details from their wedding this weekend on GOOP as well.

ARIANA GRANDE REFLECTS ON ‘TOUGH MONTH’

On Thursday, the songstress went on Twitter to vent some of the emotions she has been feeling in the wake of Mac Miller’s death. In one tweet she asks, “can i pls have one okay day. just one. pls.”

She continued, “i’m so tired pls.”

Ariana then retweeted one of her old tweets where she wrote, “everything will be okay,” and replied, “j f–king k.”

In the midst of her cryptic messages, fans flooded her Twitter with messages of support and adoration. This seemingly prompted Grande to thank her fans for loving her so much, even though she says, “I do not deserve it.”

One Twitter user expressed guilt for perhaps upsetting the star, but the 26-year-old assured her fans have been “angels” in her life. “it’s just been a tough month. i’m trying to get my work done and get back to normal and it’s hard and i’m human and tired,” she explained. “sorry i let u in or worried u. i shouldn’t have tweeted. i kno better.”

12 Slang Phrases Millennials Don’t Understand And Their 2018 Versions

Language is chaotic, meanings constantly shifting, words continuously invented to meet modern situations and dilemma. It isn’t always pretty. When we add slang terms like “selfie,” “twerk,” and “YOLO” to the dictionary, self-aggrandizing critics always worry what future civilizations will think of us. How silly and stupid will we seem?

Probably no more idiotic than any other generation that’s ever lived. Hindsight belies superiority. Everyone just wants to feel smarter than they are. These self-aggrandizing critics also exist in this fantasy world of future humans hanging out in their virtual reality immersion rigs, casually discussing lexicographical history. How often do you gather friends just to rip how Victorians used to call mouths “sauce-boxes” and best friends “chuckaboos?” You haven’t. It’s never happened anywhere.

RELATED: Canada Wants To Teach You Marijuana Slang Terms Like ‘Dank Krippy’

Slang dies as often as it’s created. Phrases and idioms fade for one reason: people stop saying them. So let’s cease pretending people didn’t use to say stupid stuff or that we (kind of) have some silly catch phrases ourselves. In fact, we’re more comparable to the past than we care to admit. Here are 12 old slang terms and our versions of the words today. (A huge shout-out to Mental Floss for this impressive list of outdated slang.)

“Happy cabbage”

Meaning: To finally have money to blow and looking fancy
Current slang:Bougie” or “Boujee

“Give someone the wind”

Meaning: To abruptly reject a lover or suitor
Current slang: “ghosting,” or “curved”

“zozzled,” “seeing snakes,” soapy-eyed,” “swacked

Meaning: When someone is drunk
Current slang: “faded”

“Claws sharp”

Meaning: Being well informed
Current slang: “woke”

“Off the cob”

Meaning: To be trite or banal
Current slang: “corny,” “extra”

“Focus your audio”

Meaning: Informing someone to listen closely
Current slang: excessive usage of the [clap emoji] in between text

“Cabbage hat” or “Blobber”

Meaning: Someone you can’t trust
Current slang: “sus”

“Butter and Egg man”

Meaning: A small-town businessman who tries to show off and spend a lot when visiting a large city
Current slang: A $30K Millionaire

“Lobbygow”

Meaning: Someone who goes to an opium den with specific intent to bum some opium
Current slang: A mooch

“Master John Goodfellow,” “The Staff of Life,” “The Maypole”

Meaning: Male genitalia
Current slang: “anaconda,” [eggplant emoji], “little buddy”

“the Netherlands,” “Phoenix Nest,” “Mrs. Flubbs’ Parlor”

Meaning: Women genitalia
Current slang: “kitty,” “box,” “cookies”

“Basket Making,” “Amorous Congress,” “Convivial Society”

Meaning: Sex
Current slang: “hooking up,” “baking cookies,” “smashing,” “work

A Canadian Company Is Hiring ‘Cannabis Curators’

As Canada’s legalization date approaches in a matter of weeks, a Toronto-based company is looking to hire “cannabis connoisseurs.” The part-time job reportedly pays $50 CAD (over $38 USD) per hour up to 16 hours per month, CBC News reports. Not a bad side hustle for those in the know about cannabis!

AHLOT, the company offering the potentially dream job-fulfilling positions, is located in Toronto’s Queen Street West neighborhood, which has been named as one of the “world’s coolest neighborhoods” by Vogue.

AHLOT markets itself as a “curation company”—and it’s looking for experts in weed to join its ranks on its “inaugural Cannabis Curation Committee.” On the job, cannabis curators will be expected to sample different strains of cannabis.

So what are the qualifications and skills required?

“A self-avowed interest in cannabis together with the ability to distinguish the often nuanced characteristics of different strains is desirable,” according to AHLOT’s job posting. “Evaluation and reporting will include visual, factory and tactile examination of samples, and as such a deep familiarity with the plant is important.”

Chosen candidates will have to provide feedback on strains regularly and report back using an online form, AHLOT’s job posting says. Other potential responsibilities include social media posts, appearances in curation-related video segments, and personal appearances at the company’s events.

Added bonuses: The job can be remote and expenses are covered, according to the posting. The job listing says the position is open for Canadian citizens over the age of 19. AHLOT is currently looking to hire for a handful of contracted positions.

“If you’re a hidden talent with some spare time to document what you already love to do, we’re excited to hear from you,” AHLOT’s website reads regarding the job posting.

An application form on the company’s site asks such questions as: “How long have you and cannabis been acquainted?” and “How many strains have you sampled during that time?” A drop-down list inquires about applicants’ personal use profile, asking them to select if they prefer indicas, sativas, somewhere in-between or simply “I like it all.”

Applications have already opened for the positions. The deadline is Canada’s legalization date, October 17. If you think your destiny is to sample weed for a living, you might want to get on that.

Flying High: This Guy Perfected Smoking Weed Via Drones

It doesn’t matter how serious you are. When you see a video scrolling across your feed of a man smoking a bong on a drone, you’re gonna click. And that, we did.

The video comes courtesy of Eric Mercer, a 23-year-old worker in Maine’s cannabis industry. He’s become somewhat of a cult figure on social media for marijuana enthusiasts, as smoking via drone assist is kind of his thing. He’s used drone technology to smoke joints, dabs, and the breakfast bowl pipe.

The videos came from “just a passion for drones, a passion for being creative, and wanting to come up with cool, new things to show people on Instagram,” he told Marijuana Moment.

But the bong video is where Mercer truly outdoes himself.

https://www.instagram.com/p/Bjp1n3PB6mI/?utm_source=ig_embed

When asked if it’s gotten easier over time, he admitted, “Yes and no. Inside, no problem. I feel like I’ve mastered that. I can fly circles around the room and let other people get a chance to hit it, but outdoors is still the challenge.”

Mercer also announced plans to launch separate accounts to grow his audience moving forward. He’ll still post videos on his regular Instagram and YouTube accounts, which you can find at the hyperlinks above.

Pete Davidson Consumes Marijuana Daily For Health Reasons

While SNL star Pete Davidson’s biggest claim to fame at the moment is dating Ariana Grande, previously he was beloved on the internet for being the young stoner comedian. His jokes weren’t like Cheech & Chong, nor were they really like Seth Rogen’s. Instead they were stoner jokes wrapped in Davidson’s quintessential self-deprecating humor.

But Davidson visited rehab in 2016 to get sober, worrying that his depressive thoughts were stemming from a possible drug problem.

Related: Watch Pete Davidson Blasts Anti-Weed Commercials

“There was no way I could stop,” Davidson told Howard Stern this week about his decision to go to rehab. “I was like somebody has to put me in a house where there is literally nothing. I had too much access.”

Later Davidson revealed that he had been diagnosed with Borderline Personality Disorder. As he explained Open Late With Peter Rosenberg, not smoking weed made everything else worse for the comedian, who also suffers from Crohn’s Disease.

“No, I got sober or whatever,” Davidson said. “I didn’t do anything for three months and I was never sadder. Everything was, just way worse.

“I went to this other therapist and did this like behavioral therapy shit and they told me, ‘Yeah there’s something off with your brain.’ I was like, ‘Oh!’ Then I rolled a joint and was back immediately,” he joked.

Related: The Way Cannabis Helps Inflammation Is Pretty Amazing

Davidson told Stern about how cannabis helps manage the pain from his Crohn’s Disease. The comedian was 110 pounds at one point, he admitted, unable to get out of bed due to the pain. As a result, Davidson admitted to that he’s “been smoking weed every day for 8 years.”

“I also just love smoking weed,” he confessed.

Why Are ‘Dad Sneakers’ Suddenly Fashionable?

Sportswear has become a popular style of clothing lately, with people wearing sneakers and workout clothes in their day-to-day lives. People refer to these clothes as “athleisure” but we all know what the reality is—people wear sweatpants and sneakers because they’re feeling lazy and it’s also comfy.

While these sort of clothes making it into the mainstream have no apparent explanation, fashion experts believe that the comeback of the “dad sneakers” is due to our sense of nostalgia and our current obsession with all things 80s and 90s.

“There’s no real sign of that going away. It’s effectively how everybody wants to dress now and it’s got a lot to do with comfort rather than actually being active,” says fashion trend forecaster Emily Gordon-Smith.

 

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ICYMI: Introduced as an off-road runner in 1993, the #Aztrek is back for a new generation. #AlwaysClassic

A post shared by Reebok Classic (@reebokclassics) on

Famous brands such as Reebok and FILA have been re-issuing ancient shoes for new generations, making everyone look as if they stepped out of a 90s sitcom when they’re walking down the street.

Workout clothes have also made their mark on the runway, with models wearing extravagant yet comfortable versions of these types of clothes. The style referred to as “ugly clothing” is becoming more and more famous among celebrities, and is a big reason why the shoes are trickling down to us, average citizens. But when GQ is praising Justin Bieber for his “dirtbag grooming,” maybe we shouldn’t be that surprised.

“It sounds slightly bizarre, but it’s true to say that things that are ugly have really become quite cool and chic,” Gordon-Smith said.

 

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A post shared by Kim Kardashian West (@kimkardashian) on

According to fashion experts, the fact that you cringe a little every time you see a different version of these shoes is part of the reason why they’re so coveted in the first place. “We’re all dressing in such a generic homogenized way. The need for something that is a little bit unexpected—a little bit slightly unattractive, in its own way—has just suddenly got an appeal.”

That makes sense. The shoes are still ugly, though.

Cannabis Stocks And The Thing About Bubbles

Many believe that cannabis stocks are experiencing a “bubble,” meaning that market valuations are unjustified, unrealistic and based on investor hype as opposed to typical fundamental markers such as revenues, assets and profit.

Some, like The Motley Fool, believe this is a bubble ready to burst. The Wall Street Journal includes quotes from new entrants in the space suggesting this is much like the Internet stocks of 1997 or 1998, remembering that in 2000 the Internet stocks crashed mightily, taking years to recover after many companies did not survive the shakeout.

The cannabis data analytics company New Frontier Data reports that, year to date, seven of the top 12 cannabis stocks have posted more than 200% gains. The data company also seems to be recommending that, “As cannabis stocks continue to rally, prudent investors should consider taking profits and exercising caution.” The AP just quoted a stock analyst warning, “[i]f there is a bubble, larger investors will protect themselves and won’t overinvest in single companies, but smaller investors who see a chance to get rich quickly could suffer painful losses.”

It is true that, in particular in Canada, cannabis stocks are trading at extremely high valuations relative to the companies’ financial condition and results. One company, for example, with around $20 million in first half revenues, is trading at the same valuation as Macy’s, which has $25 billion in annual revenue. In the US the valuations are a bit more down to earth, but also considered by most to be high given performance.

Many others, including leaders of companies with these high-flying stocks, strongly believe these valuations are justified based on the tremendous future potential of the cannabis industry as we get closer to federal legalization in the US and global growth proceeds as well. They believe that as long as investors continue to believe in the future of the very rapidly growing industry, the valuations will continue to stay strong and be justified, and performance will grow to further support the bubble pricing. But that’s the thing about bubbles: they persist for as long as people believe in them.

New Jersey Marijuana Legalization Faces Setbacks Once Again

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Though we always knew that Phil Murphy’s promise to legalize weed in New jersey within his first 100 days in office was ambitious, the delays that have built up in passing a bill to do it have just gotten even longer. It’s now looking like it will be closer to the end of the year before we see anything finalized or signed.

Some proponents of legalization don’t see this as such a bad thing, however. As the bill’s timeline gets drawn out, so does the bill itself, with added features like expungement of records for low-level marijuana offenders and the leg up it would give small businesses who want to enter the cannabis space. Had there been no delays, social clubs wouldn’t be a possibility either.

Even if it does take until December to sign a bill into law, it looks like it’s a sure thing and shouldn’t take any longer than that. Those are very good things for marijuana advocates across the state and country who have been fighting long and hard to keep people out of jail for possessing cannabis.

Politico recently reported that Governor Murphy “balked” at the idea of a 10 percent sales tax, which would be the lowest in the nation, tied with Nevada. Apparently, Murphy sees 25 percent as a closer number to what the tax rate should be. While tax dollars are one of the benefits states enjoy when cannabis is legalized, it’s still important to make sure marijuana is affordable to those who need it most, like senior citizens, vets, and the very infirmed.

Still, those with ailments will be able to utilize the medical marijuana program, but it’s a program that wasn’t built on trust to begin with. The medical cannabis program was started under Chris Christie, who was loathe to implement the law and did everything he could to keep it from prospering. Murphy has done a lot to expand the medical law and make it more accessible, but many people remain gun-shy and await legalization.

“I’m hoping we have this tied up by the end of the year, perhaps initial votes in the next month,” Senator Scutari said after a legislative hearing on Monday. “It’s a complicated issue. We’re starting from the ground up. The longer it’s gone on, the better I think it is.”

Scutari also allowed for the fact that lawmakers aren’t likely to make a loose August deadline, originally set by Senate President Stephen Sweeney, which would put forth a legalization bill by September’s end. The bill has gone up from 71 to 121 pages since that initial August prediction and it has yet to be publicly released.

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