Since the news on the Sangamo (SGMO) front has been rather upsetting in the last few months, maybe a note on the lighter side will calm investors nerves. Is it possible the Sangamo BOD/ management team has been granted priority access to try this new GMO crop?
Monsanto Develops First Genetically Modified Strain of MarijuanaUSAgNet - 06/16/2015 Monsanto has announced it has patented the first genetically modified strain of marijuana. Global AgInvesting reports that the news has been welcomed by scientists and leaders of the agriculture business alike as a move forward towards the industrial use of marijuana and hemp products could bring a major shift towards marijuana policies in the U.S.A. and ultimately, to the world.
Under present U.S. federal law, it is illegal to possess, use, buy, sell, or cultivate marijuana, since the Controlled Substances Act of 1970 classifies marijuana as a Schedule I drug, although it has been decriminalized to some extent in certain states, Monsanto's interest in the field has been interpreted by experts as the precursor to "a major shift in marijuana policy in the U.S." as it is believed the company would not have invested so much time and energy if it had not had "previous knowledge" of the Federal government's "openness" towards the future legalization of marijuana.
Lawyer and marijuana law specialist, Edmund Groensch, of the Drug Policy Alliance, admits Monsanto's involvement in marijuana projects could definitely help the pro-legalization activists.
Although Monsanto's testing on cannabis is only at an experimental stage, no plan has yet been released by the agriculture business firm as to what purposes the patented strain would be used for, although specialists believe answers should come this fall as rumors of a controversial new bill which could "loosen up laws around medical marijuana" is reportedly scheduled to pass before congress coming this fall.
http://www.wisconsinagconnection.com/story-national.php?Id=1270&yr=2015
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