Giambra said that if Washington were to come through with the promise of infrastructure spending, it would only further benefit the state when combined with revenues generated
from legal marijuana sales.
Colorado has now collected more than $ 500 million in taxes and fees
from legal marijuana since retail sales started in 2014, the report found.
Not exact matches
With recreational
marijuana slated to become
legal next year, provincial governments are determined to keep the sale of weed completely separate
from the sale of alcohol, establishing dedicated cannabis retail outlets.
The Hood Incubator derives
from a bold idea: build political and economic power for people of color in the
legal marijuana industry through community organizing, policy advocacy, and economic development.
Oregon produces between 132 tons (120 metric tons) and 900 tons (816 metric tons) more
marijuana than what Oregonians can conceivably consume, the report said, using statistics
from the
legal industry and estimates of illicit grows.
Not least,
legal marijuana businesses are on a hiring binge, employing everyone
from scientists to cashiers.
Still, it's hard to say if pot smuggling has gotten worse in Oregon, or how much of the
marijuana leaving the state filters out
from the
legal side.
Meanwhile,
marijuana remains illegal on the federal level, and Attorney General Jeff Sessions has recently taken steps that would allow federal prosecutors in states where weed is
legal to decide whether to prosecute people over
marijuana sales in a development that could threaten the burgeoning industry (or, at the very least, spur litigation
from some of the states in question looking to keep the federal government
from interfering with statewide legislation).
U.S. Rep. Jared Polis, a Democrat
from Colorado, said the already $ 6 billion
legal marijuana industry faces troubled times unless advocates make their voices heard.
Bankers and those in the expanding
legal marijuana business say new guidelines
from the Obama administration aren't enough.
The financial industry will need more than a few signals
from the White House that it's safe to bank
legal marijuana businesses.
Gov. Berta Gardner also has voiced opposition to U.S. Attorney General Jeff Sessions» recension of Obama - era policies that protected states with
legal marijuana operations
from federal government interference.
Recent polls suggested roughly 60 % support for the ballot to legalize recreational cannabis in California, which legalized medical
marijuana two decades ago and already sees an estimated $ 2.7 billion
from legal medical pot sales.
It's all part of California's plan to eventually collect an estimated $ 1 billion in annual tax revenue
from the
legal adult - use
marijuana industry.
According to a statement
from Commissioner Dave Jones, his department approved the first admitted commercial insurance company, Golden Bear Insurance, to cover state -
legal marijuana businesses.
The commission that is setting up the system in Massachusetts recently passed new rules that bar anyone with a felony drug trafficking conviction
from getting licensed by the state to cultivate or sell
legal marijuana.
(Last month a federal bill was introduced that would shield banks
from potential liability for serving
legal marijuana businesses.)
Aside
from technology, the company is also expected to benefit
from a contract it landed with the Ontario government, which said earlier this week that it would use Shopify's e-commerce platform for cannabis sales online and in stores as part of its plan to be the province's sole distributor of
legal recreational
marijuana.
The
legal marijuana industry is estimated to have seen more than $ 6 billion in revenue across the U.S. last year, and that number is forecasted to reach anywhere
from $ 20 billion to $ 25 billion by 2020.
As
marijuana moves
from prohibition to a fragile but lucrative
legal status it is attracting curious first time users interested in edibles but not bongs.
The poll also found that 87 percent U.S. voters believe that U.S. Veterans Administration doctors should be allowed to prescribe medical
marijuana in pill form to veterans suffering
from Post Traumatic Stress Disorder in states where cannabis is
legal.
On Tuesday, a joint release
from New Frontier and ArcView projected that California's
legal marijuana market could reach $ 7.6 billion in annual sales by 2020 alone.
Across 23 states and Washington, D.C., recreational and medical sales have surpassed $ 5.4 billion in 2015, up
from $ 4.6 billion the year before, according the fourth annual State of
Legal Marijuana Markets report.
From: Rosalie Wyonch To: Health Canada Date: January 5, 2018 Re: Don't Let the Dealer Run Dry:
Legal Marijuana Supply With the July 1 target for marijuana legalization swiftly approa
Marijuana Supply With the July 1 target for
marijuana legalization swiftly approa
marijuana legalization swiftly approaching,...
«Currently, under federal banking laws, many
legal, regulated legitimate
marijuana businesses — operating legally according to state law — are prevented
from maintaining bank accounts and accessing financial products like any other business, such as accepting credit cards, depositing revenues or writing checks to meet payroll or pay taxes,» Perlmutter said.
The UFC strawweight prospect
from Sacramento, Calif., who holds a medical
marijuana card in California, where cannabis is
legal for both medicinal and recreational purposes, fought at UFC 219 in Las Vegas, Nev. — a state where the drug is also
legal for both purposes.
Even
marijuana from legal dispensaries labeled as approved or certified isn't necessarily uncontaminated, because dispensaries aren't tightly regulated.
Find out if
marijuana you buy
from a
legal dispensary is safer than pot you buy on the street and how much evidence there is fo...
«I have great concerns with a policy that impedes patients» ability to access information about a
legal medical treatment,» said Sen. Diane Savino, a Democrat
from Staten Island and the lead sponsor of the medical
marijuana legislation in the Senate.
Surprisingly, in a presidential campaign that has featured the issue of drug use and abuse prominently, the
legal status of
marijuana has been mostly absent
from the conversation.
A federal judge in New York tossed out a sweeping lawsuit that sought to make
marijuana legal under federal law, ruling that the plaintiffs had failed to take the necessary first step of asking the DEA to remove cannabis
from its list of dangerous substances.
Medical
marijuana has been picking up supporters in the state legislature, and Wednesday it was the subject of a public hearing at the capitol featuring business owners
from Colorado, where pot is
legal for both medicinal and recreation use.
People aren't arguing for
legal recreational
marijuana because some benefit
from it medicinally, but rather they want the medicinal aspects of it fully exploited through more and more research — which will come about via the added revenue
from the recreational market.
The last thing that anyone would want is
legal complications to arise
from importing
marijuana products over state lines without federal approval, or for unnecessary delays with the implementation of the current program to come as a result of layering a separate process on top of it.»
A company
from Colorado is working with rabbis in New York on a plan to start selling
legal, edible
marijuana products that are certified kosher.
«It is still not entirely clear to me that the federal government would prohibit the movement of medical
marijuana under state supervision
from one
legal medical
marijuana state to another,» Gottfried said earlier today.
Even though it is now
legal, activists say there are still many obstacles in place that keep people
from gaining access to medical
marijuana.
Unfortunately for Savino, and for any sick people who would benefit
from lighting up a
legal joint, Cuomo made it clear just nine months ago that he wasn't a fan of medical
marijuana:
In the one month since Nixon entered the race, Cuomo has put an end to the IDC, said «the facts have changed» about
legal recreational
marijuana, announced plans to restore voting rights to felons on parole in New York, killed an offshore natural gas pipeline that had been in the works, and issued an executive order to prevent federal immigration official
from state buildings.
Other agricultural production goods include timber, fertilizers, animal hides, leather, industrial chemicals (starch, sugar, alcohols and resins), fibers (cotton, wool, hemp, silk and flax), fuels (methane
from biomass, ethanol, biodiesel), cut flowers, ornamental and nursery plants, tropical fish and birds for the pet trade, and both
legal and illegal drugs (biopharmaceuticals, tobacco,
marijuana, opium, cocaine).
Marijuana is now
legal for medical use in 28 states and the District of Columbia, but the federal government still considers possession or use to be a crime; the Drug Enforcement Administration (DEA) recently declined to remove it
from their Schedule I list of dangerous drugs with no acknowledged medical benefits.
«The effect of alcohol availability on
marijuana use: Evidence
from the minimum
legal drinking age» by Benjamin Crost and Santiago Guerrero was published in the Journal of Health Economics.
«The lessons we have learned
from alcohol — a substance that is
legal, but not necessarily safe — may provide guidance about approaches we need to take toward
marijuana.»
Recreational and / or medicinal use of
marijuana is now
legal in more than half of U.S. states, researchers
from Washington University School of Medicine in St. Louis said.
Note that this would also exclude coverage for water damage, mold, and fires arising
from growing
marijuana even in states where it's
legal to do so.
In Colorado, where recreational
marijuana use is now
legal, veterinarians are seeing a definite increase in the number of pets being brought in to clinics and emergency hospitals suffering
from marijuana poisoning after ingesting pot - laced edibles.
While many young people visit Amsterdam for the
marijuana scene — and perhaps to peek at the
legal prostitutes in the Red Light District — the city is teeming with high culture,
from the world - class art in the Van Gogh Museum and the Rijksmuseumn to P.C. Hooftstraat, the shopping street where you can find plenty of the contemporary, cutting - edge design that has become a source of pride in Amsterdam and the Netherlands.
The entire press release is a single quote
from Cynthia Nixon (formerly «Miranda» on Sex in the City; currently running for governor of New York) that ends with: «The simple truth is: for white people, the use of
marijuana has effectively been
legal, for a long time.
This year, the governor signed a bill In 2015 declaring
marijuana sales
legal to recreational users
from dispensaries starting October 1st, 2015.
Legal CBD oil or CBD e-Liquid is extracted
from hemp which by nature generally has less 0.3 % THC, as opposed to 25 - 30 % for
marijuana, therefore CBD is considered non-psychoactive and contains nothing else that can get you high.