North Carolina House Unanimously Approves Medical Marijuana Bill

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North Carolina House Unanimously Approves Medical Marijuana Bill North Carolina House on Thursday approved a bill that paves way for patients with intractable epilepsy to access cannabinol, a form of medical marijuana.

The bill, known officially as House Bill 1220, or unofficially as “Hope 4 Haley and Friends act”, was approved without a hitch by two house committees within 48 hours, first by the House Health Committee on Wednesday and by the House Finance Committee on Thursday morning before heading for a vote in the House floor, reported the Associated Press.

The bill has now been moved to the Senate for deliberations, which are expected before the North Carolina legislature adjourns on July 1st.

The bill permits epileptic persons to access marijuana extracts with less than 0.3 percent tetrahydrocannabinol (THC), the substance that gives the characteristic high, and have more than 10 percent cannabidiol (CBD). To be able to obtain the drug, patients must have a registration card issued by the state’s Department of Health and obtain a neurologist’s recommendation.

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The bill empowers various institutions in North Carolina such as Duke University, Wake Forest University and the University of North Carolina at Chapel Hill, to conduct studies on the effectiveness of hemp oil extract on seizure-related conditions.

9 other U.S. states have approved similar medical marijuana law: Florida, Iowa, Mississippi, Wisconsin, Tennessee, South Carolina, Alabama, Kentucky, Iowa and Utah. Missouri has approved a similar measure, though it is waiting for Gov. Jay Nixon to sign it into law later this month.

Proponents of medical marijuana, though happy with the latest developments, argue that the limited-CBD laws won’t benefit enough patients and are lobbying for more expansive laws such as those enacted in Washington and 22 other states. To register for a free 2-week subscription to ForexMinute Premium Plan, visit www.forexminute.com/newsletter.

To contact the reporter of this story; Jonathan Millet at john@forexminute.com