Stateside: What we do (and don’t) know about CBD benefits; artisan clocks; do tax incentives work?
Today on Stateside, the potential of the cannabis compound CBD as a treatment for people with chronic pain. Plus, a new study says the tax incentives states use to lure businesses might not be paying off.
Listen to the full show above or find individual segments below.
From auto insurance to term limits, a look back on this year’s Mackinac Policy Conference
- The Mackinac Policy Conference wrapped up Friday. Our resident political junkie Zoe Clark and Capitol reporter Rick Pluta were there, and they join Stateside to discuss the highlights of the event, including a show of bipartisan compromise, a look at road funding, and a renewed focus on term limits for legislators.
- Most people use clocks to mark the passage of time. But Rick Hale of Clockwright goes much further than that. He crafts wooden clocks that are essentially sculpture in motion. Stateside host Lester Graham visits Hale’s workshop to learn about the clockmaking process.
- Support for arts and culture coverage comes from the Michigan Council for the Arts and Cultural Affairs.
Scientists think CBD oil could be medically beneficial, but say more research is needed
- CBD is a non-intoxicating compound in cannabis. It’s becoming popular for treating chronic pain and other ailments, and was recently approved by the FDA to treat childhood epilepsy. However, regulation has yet to catch up with the booming market of CBD products.
- Kevin Boehnke studies the effect of CBD on chronic pain at the University of Michigan Medical School. He discusses the potential of the compound, as well as the shortcomings of current regulation practices.
Do states’ business tax incentives pay off? Usually not, says new study.
- Do tax incentives draw enough business to states that they actually recoup their investment? It depends on the incentive. Recent research out of North Carolina State University looked at all the tax incentives offered by 32 states from 1990 to 2015. Bruce McDonald, who led the that research, tells us that very few of those incentives actually improved states' financial health.
Political roundup: Michigan’s road funding, explained.
- Road funding and Governor Whitmer’s proposed gas tax are hot button issues in politics right now. People seem to agree that Michigan’s roads need fixing, but neither the public or lawmakers can come together on a viable solution. Stateside’s political commentators weigh in on this issue.
- Ken Sikkema is a Senior Policy Fellow with Public Sector Consultants and the former Republican majority leader in the state Senate. Vicki Barnett is the former mayor of Farmington Hills and a former Democratic legislator. They join Stateside to talk about what it will take for Michigan to find a solution to its crumbling roads, and how much the public should be involved in the process.