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Colorado: CSU-Pueblo Getting $270,000 For Marijuana Research

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By Derrick Stanley
Hemp News

Colorado State University-Pueblo will be receiving $270,000 in marijuana excise tax revenue for research following a unanimous vote Monday by The Pueblo County Board of Commissioners.

Research will be on how medicinal marijuana can relieve certain health conditions and what communal effects come with legalized recreational use.

Commissioner Sal Pace said $220,000 will go to medicinal marijuana research and $50,000 will be used for societal impact studies.

There's been a real dearth of research on cannabis in general in the last 50 years," Pace said. "Anecdotally, there's a lot of evidence that there are real medical conditions that can be helped by cannabis, such as glaucoma, Crohn's disease and epilepsy."

On June 6, Gov. John Hickenlooper signed a bill that awarded $900,000 to the university. The state and county money will be used to establish a research institute to study the effects of legal marijuana on both individual health and communities as a whole.

"We want to find out whether there are positive or negative impacts (of marijuana use) in terms of medical breakthroughs," CSU-Pueblo President Lesley Di Mare said. "We also want to understand what sort of impact marijuana has on communities where it is legal."

Colorado: DirectView Security Selected By Evergreen Properties For 3 Cannabis Facilities

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DirectView Holdings, Inc., a company focused on ownership and management of video and security technology companies, on Tuesday announced that it has been selected by Evergreen Properties, LLC, a Colorado-based owner and operator of cannabis facilities, to complete a comprehensive security and surveillance installation at three facilities to be located on a 10-acre parcel of land in Pueblo, Colorado.

DirectView was selected for the project by Evergreen after recently completing a security and surveillance installation at its Marijuana Infused Products ("MIP") facility in the Denver area. Evergreen is constructing three facilities it expects to open in 2015 including a 25,000 square foot greenhouse, a 5,000 square foot processing facility, and a 5,000 square foot dispensary and office.

Upon completion of the installation, DirectView will provide ongoing services including equipment maintenance and alarm monitoring.

"We are excited to expand our business relationship with Evergreen as they open these three new cannabis facilities in Pueblo, Colorado," said Roger Ralston, CEO and chairman of DirectView. "We continue to work diligently to build our presence in this rapidly evolving industry and believe we are well positioned to experience continued growth in Colorado and several other areas of the country as well.

"We look forward to working with Evergreen to complete these projects and service any additional needs they may have in the future," Ralston said.

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