Cannabis Science, Inc., a biotech company focused on creating marijuana based medicinal products, is pretty pleased with current events in California, even after the city of Los Angeles announced it will be closing about 400 medical dope dispensaries. That’s because polls are showing 49 percent of the populace there supports full pot legalization, with just 41 percent against it. And those same citizens will likely be voting on that very question come November.
What’s more, the ranks of those in favor of full legalization, Cannabis Science believes, is bound to increase as outraged patients react to Los Angeles’ curious move.
If pot is fully legalized, it will make moot most of the challenges that medical marijuana businesses currently face — at least in the state of California. Cannabis Science, in particular, is trying to develop marijuana based pharmaceuticals for approval by the Federal Drug Administration. In a June 8 press release touting the poll numbers, company CFO Richard Cowan said the only way to protect patients is to fully legalize marijuana. It looks like the people of California agree.
The November ballot measure would legalize growing and consuming pot. The poll was conducted by the Los Angeles Times and University of Southern California. The sample size was 1,500 and the margin of error is 2.6 percent.
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