Colorado’s Marijuana Sales Are Skyrocketing

With such promising numbers and a continuing upward trend in sales, the legalization of recreational marijuana has had a positive effect on Colorado’s economy.

COLORADO:  It hasn’t been long since Colorado officially legalized marijuana, and within a short time period, marijuana sales are already flourishing. According to the Colorado Department of Revenue, in March alone, retail taxes on recreational marijuana reeled in $1.898 million to the Colorado government. After adding in medical marijuana sales tax and licenses, the first three months Read the full article…

NY Senate, Assembly Sponsors Agree On Same-As Medical Marijuana Bill

Sources say changes introduced by Sen. Diane Savino, a Staten Island Democrat, are expected to be matched on Monday with amendments to the Assembly bill by its lead sponsor in that house, Richard Gottfried, a Manhattan Democrat.

NEW YORK:  The Senate’s lead sponsor of a measure to legalize medical marijuana has amended her bill in a way that is designed to address concerns raised by some legislators, paving the way for a possible vote by both houses of the Legislature on the long-stalled effort before the 2014 session ends in the next Read the full article…

Colorado’s New Pot Banking Law Won’t Solve Cash Problems

But the financial industry quickly cast doubt on whether the legislation will address issues faced by marijuana businesses in the state, where recreational pot became legal this year. Asked what it would accomplish, Colorado Bankers Association CEO Don Childears said: “Basically, absolutely nothing.”

COLORADO: Colorado Gov. John Hickenlooper signed a bill Friday designed to create the world’s first state-level banking system for legal cannabis companies, which have complained that their lack of access to basic banking services creates difficult and dangerous risks. But the financial industry quickly cast doubt on whether the legislation will address issues faced by marijuana Read the full article…

USEI Cannabis Expands Marketing of Vape Pens With Lollipopvapor And Will Attend MJBA Vendor Fair As VIP Sponsor

Legal Marijuana to grow to $2B by 2020

WASHINGTON: USEI Cannabis and Lollipopvapor, are actively expanding its vapor pen partnership to a nationwide audience to proliferate their “Real McCoy Genuine Product” to become a national brand by becoming a VIP Sponsor of MJBA Vendor Fair, the leading trade show for participants in Washington’s legal marijuana industry. According to USEI CEO Anthony Miller, “On June 28 & 29 we will attend Read the full article…

Colorado OKs World’s 1st Pot Banking System

Banks that fear violating federal law do not allow marijuana businesses access to basic financial services. That has led to fears that the burgeoning marijuana industry can be a target for robberies.

COLORADO: Gov. John Hickenlooper has signed legislation to try to establish the world’s first financial system for the largely cash-only marijuana industry. The bill signed Friday morning seeks to form a network of uninsured cooperatives designed to give pot businesses a way to access basic banking services. Banks that fear violating federal law do not Read the full article…

Washington’s Leading I-502 Companies Showcased At MJBA Vendor Fair Seattle Summer June 28 & 29

MJBAVendorFairSummerCircle

Attention Business Pioneers! Start making sales and meeting new customers with a presence at the Marijuana Business Association’s (MJBA) Summer Vendor Fair, a 2-day trade show for Washington I-502 legal marijuana businesses. But don’t delay! The venue will accommodate only 25 exhibitors and this event will sell out quickly, so please reserve your booth today to ensure availability. MJBA’s Read the full article…

DEA Targeting Doctors Linked To Medical Marijuana Groups In Massachusetts

The Republican

MASSACHUSETTS: While the Obama administration has sent some signals to states that it won’t interfere with the implementation of medical marijuana laws, the Drug Enforcement Administration in recent weeks has visited doctors who hold administrative positions with companies seeking dispensary licenses in Massachusetts and told them to resign or risk losing their registration to prescribe controlled Read the full article…

Spokane WA First Retail Marijuana Shop To Open July 1

The manager added that the store, located at Francis and Napa next to Kouchlock Productions, should have all inspections done by the end of June.

WASHINGTON:  The manager at Kouchlock Productions confirmed Wednesday that the first retail marijuana store in Spokane will open July 1. The manager added that the store, located at Francis and Napa next to Kouchlock Productions, should have all inspections done by the end of June. The Washington State Liquor Control Board issued the state’s first Read the full article…

Medical-Marijuana Patients Don’t Always Know What They’re Getting

The vast majority of people given drug tests before Madison County District Court hearings come up positive, and that’s creating a problem for the court system.

WASHINGTON: Jessica Tonani, a Seattle biotech executive, has what she calls a “broken stomach.” Put politely, she doesn’t digest food properly, which can cause vomiting, nausea and severe weight loss. She’s had multiple surgeries, tried all the recommended treatments for her disorder and sits twice weekly for intravenous infusions. Tonani, 38, decided several years ago to Read the full article…

Washington’s Pot Label Rules Could Ease Problems

"You're telling these people, 'Here is a Reese's peanut butter (cup) look-alike. It's got 100 milligrams of THC in it. Cut it into 10 pieces,'" said Meg Collins, an executive at Good Chemistry, a Denver-based chain of marijuana shops.

WASHINGTON: When recreational marijuana stores open in Washington next month, state officials know many customers will be unfamiliar with the strength of the newly legal drug. They hope strict rules on labeling and packaging will help avoid some of the overdose problems recently reported in Colorado, the only other state where recreational marijuana use is legal. Read the full article…