Bloomberg.comBy Jennifer Oldham Last week Colorado lawmakers set out to create a framework for how the state would become the first in the nation to regulate and tax recreational marijuana sales, including combined levies as high as 40 percent on the newly legal product. Medical Marijuana News – THCbiz
Category: Marijuana
California Medical Marijuana Regulation Bill Passes Assembly Public Safety Committee
East Bay ExpressBy David Downs A new bill to regulate California’s $ 1.3 billion medical marijuana industry cleared its first hurdle: the Assembly’s public safety committee. Medical Marijuana News – THCbiz
Marijuana Repeal Considered In Colorado
Associated Press / CBS4By Kristen Wyatt, CBS Radio DENVER — Marijuana legalization could be going back to the ballot in Colorado — a prospect that infuriated marijuana legalization activists Friday. Medical Marijuana News – THCbiz
San Diego’s Marijuana Confusion Hits a New High
Mayor Demands Answers in San Diego Marijuana Collective Raid: A federal warrant was served at the Gaslamp collective one day after the city council considered a new ordinance to allow distribution of mmj. NBC San DiegoBy R. Stickney While San Diego city leaders work on balanced regulation providing access while protecting neighborhoods, federal agents raided a downtown […]
Investors Gather to Fund Most Promising Marijuana Industry Companies
SEATTLE — On April 29, more than 40 high-net-worth investors from around the world will gather in Seattle to hear pitches from the top entrepreneurs in the new legal cannabis industry. The private event is hosted by The ArcView Investor Network. A news conference to announce some of the first funded deals will be held […]
Marijuanamerica: Why America Loves Weed
HuffPost BlogBy Alfred Ryan Nerz Against all odds, more than seventy-five years after the passage of the Marihuana Tax Act, and after millions of marijuana arrests during the combined drug wars of Presidents Nixon, Ford, Reagan, Bush, Clinton, Bush, and even Obama, weed somehow seems to be winning. Medical Marijuana News – THCbiz
Rival Marijuana Measures Thrown into the Electoral Pot
LA TimesBy Kate Linthicum Three competing measures on the May 21 city ballot have divided L.A.’s lucrative medical cannabis industry, with each side accusing the other of trying only to protect profits, not do what is best for patients. Medical Marijuana News – THCbiz
The Marijuana Business Suffers Growing Pains
Wall Street JournalBy Ana Campoy Across the country, the business of growing pot is fast becoming mainstream. Medical Marijuana News – THCbiz
Lottery Winner Puts $1-Million Toward Effort to Legalize Marijuana
National PostBy Sarah Boesveld Bob Erb has been playing the lottery since he was a young pothead in the 1970s, smoking 15 joints a day. Today, Mr. Erb is still crushing 15 joints a day — except now he’s smoking them as a multi-millionaire. Medical Marijuana News – THCbiz
DEA Cracking Down On Orange County Marijuana Dispensaries
OC WeeklyBy Nick Schou On April 18, the DEA added Santa Ana to its list of cities where it has cracked down on medical marijuana dispensaries with the help of local officials. Medical Marijuana News – THCbiz