Pueblo County Colorado officials have agreed to provide $270,000 in funding to Colorado State University-Pueblo to conduct research on marijuana, ABC 7 reports. The studies will be the first of their kind by a four-year, regional comprehensive university.

The research aims to determine the impact of marijuana on the community and viability of using medical cannabis therapies for treating various issues, such as post-traumatic stress disorder. Researchers could also take a look at the impact on energy and water consumption used when growing marijuana and the costs to the community in regulating the industry versus the money communities see from the legal cannabis industry.

“These studies not only have local interest but statewide and federal interest,” CSU-Pueblo Provost Rick Kreminski said in the report. “It’s an area that has been understudied, and I am appreciative of the taxpayers’ decision to use marijuana tax revenue for this purpose.”

In addition to the funds from the county, the university will also be awarded $900,000 from the state’s Marijuana Tax Cash Fund after Governor John Hickenlooper (D) signed Senate Bill 191 last week. The measure appropriates funds from the marijuana tax coffers for the university to use for marijuana research.

“In the cannabis industry, I think the lowest rung of economic opportunity lies in the store fronts and retail sales. On the next rung is cultivation because it’s a job creator and it’s generating money for the community through exports and taxes. The third rung is the intellectual property that could come out of these studies. I see this type of bio-medical research as the top rung of economic opportunities that have ever been a reality for Pueblo,” Pueblo County Commissioner Sal Pace said in a statement. “A patent could make this community and the state a lot of money.”  

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  • Diamond Business Loans

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    GoGreen Hemp specializes in everything CBD. We sell directly to consumers as well as to wholesalers and those interested in white label products. Our current product line consists of Gel Capsules, Gummies, Oil Drops and Balms.

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  • TRIM Media House

    TRIM Media House is a full-service digital marketing agency with a heavy focus in visual content creation, website design, photography, and videography. If you are trying to navigate the digital arena when it comes to your brand, we would love to talk to you!

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    Headset is the first real-time business intelligence and analytics service for the cannabis industry. We are a data-driven cannabis tech company and we’re passionate about helping the industry succeed. Our services cover an array of specialized needs that businesses in the industry have, be they growers, extractors, processors, or retailers.

  • The Hybrid Creative

    We are an award-winning, full spectrum creative agency with expertise in cannabis and eCommerce. We have supported the creative strategy and successful growth of cannabis brands such as Care by Design, Korova, Bhang, AbsoluteXtracts, Wildflower, and BDS Analytics. Website design and development, company and product naming, logo design, brand development, brand strategy, packaging, labeling, marketing collateral, sales tool kit collateral, digital marketing strategy, and social media support are a few of the many services we offer. If you’re looking for an experienced, forward-thinking, creative agency with a proven track record of success to elevate your brand and empower your success, welcome to The Hybrid Creative!

  • S2S Insurance

    S2S Insurance Specialists, LLC (S2S) provides risk management services to the Recreational & Medical Industry, both domestic and abroad. Through a specialized platform, S2S helps both public and private companies purchase important Insurance Coverages in the emerging Cannabis Industry. Our mission is to educate, advise and help our clients obtain hard to place General Liability (including Product & Completed Operations, Employment Practice Liability & Workers Compensation) for their cannabis-related operations. We go above and beyond our client’s expectations while always supporting them in the claims process

  • Cannabis Cash Solutions

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  • Hay & Associates

    We are a full-service Accounting firm licensed in CA. We offer a broad range of services for business owners, executives, and independent professionals. We are affordable, experienced, and friendly.

  • Marijuana Marketing Xperts

    Marijuana Marketing Xperts is a division of V Digital Services that focuses solely on digital marketing for the marijuana industry. Our services include SEO, Website Design & Development, Programmatic Advertising, Print and Social Media. What makes us unique is our cannabis programmatic advertising network designed specifically to reach audiences interested in medical and recreational marijuana wherever they are.

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June 18, 2018

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