The Wire

Wake ‘N Bake 8.07.09

1. GW Pharmaceuticals Plc (GWP.L) won a significant endorsement for its cannabis-based medicines on Thursday as U.S. investor Great Point Partners bought a multi-million pound stake in the company, sending GW shares sharply higher. (Reuters)
2. Jury acquits Colorado medical marijuana patient. (Examiner)
3. U.S. Border Patrol agents from the Tucson sector say they have seized nearly 1,500 pounds of marijuana near Arivaca. (KSWT)
4. Georgetown Police Chief James Mulligan and Lt. Donald Cudmore came before the Georgetown Board of Selectmen Monday night to suggest the town file and implement a Possession of Marijuana Bylaw. The bylaw would allow the Police Department to follow up with people who don’t pay the initial $100 fine through a summons to Haverhill District Court. Currently if someone is cited and doesn’t pay the fine, Georgetown Police have no recourse. (Wicked Local)
5. OVER $1 million worth of cannabis has been found in a western Sydney home, which had false walls to hide rooms filled with hydroponic systems. (The Australian News)
6. Steve Kubby, now a California resident who was a licensed medical marijuana user when he lived in Sechelt, B.C., said he is also concerned about the Canadian government’s decision to take a tougher stand on medical marijuana use. (Vancouver Sun)
7. Fair Use Satire or Intellectual Property Theft?:The National Organization for the Reform of Marijuana Laws used an unsanctioned photo of Obama as a college freshman for their annual conference poster.The photographer, Lisa Jack, is peeved. (The Daily Dish)
8. Dieting could lead to a positive test for cannabis. (New Scientist)
9. Orlando Magic forward Rashard Lewis tested positive for an elevated testosterone level and was suspended Thursday for 10 games. (ESPN)
10. The former mistress of John Edwards arrived at a federal courthouse in Raleigh, N.C., this morning. (TPM)
Bonus: Larry Summers, Economic Recovery, And Ben Bernanke. (The Baseline Scenario)

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