Marijuana Money Is Pot Of Trouble For Banks

In addition to the daunting threat of criminal penalties, financial institutions that deal with cannabusinesses have to worry about offending federal regulators with the power to impose millions of dollars in fines or sentence a bank to death by revoking its deposit insurance.

COLORADO:  During a visit to the Dixie Elixirs & Edibles plant in Denver last summer, I saw the machines the company uses to produce cannabis concentrates, the kitchen where it makes marijuana-infused chocolates, and the bottling line for its THC-spiked sodas. Toward the end of the tour, I had a semi-serious question for the company’s CEO, Tripp Read the full article…

State Pot Sales Top $14 Million, Tax Revenue Hits $3.5 Million

Clear Choice and vaporizer

WASHINGTON:  Retail marijuana sales in Washington have edged above $14 million since the first store opened just over two months ago. Total sales for the 10 weeks through Monday, Sept. 15, totaled $14,050,206, the state Liquor Control Board reported Tuesday. From that total, the state counts excise taxes of $3,512,551. In Colorado, the first state Read the full article…

Another Challenge To Florida Department Of Health’s Medical Marijuana Rule

The Florida Medical Cannabis Association is challenging the Florida Department of Health's plan for carrying out a new medical-marijuana law.

FLORIDA:  A trade association Wednesday challenged the Florida Department of Health‘s plan for carrying out a new medical-marijuana law, adding to two challenges filed earlier in the week. The Florida Medical Cannabis Association is asking an administrative law judge to reject a department rule unveiled this month. The earlier challenges were filed by nurseries Plants Read the full article…

MJBA Unveils 2nd Installation of The Road To Prosperity Poster Campaign

MJBA Women's Alliance Recruitment Poster by Michael Guttsen

WASHINGTON: Think Rosie the Riveter with a passion for cannabis: The Marijuana Business Association (#MJBA), a leading trade organization representing the interests of participants in the fast-growing legal cannabis industry, unveiled the second installation in its “Road to Prosperity” series by artist Michael Guttsen at the monthly meetup of the Seattle MJBA held last night at Read the full article…

Is Marijuana More Addictive Than Alcohol?

Of all the people who smoke pot, in other words, about 9 percent will become dependent. But of all the people who drink, about 16 percent will become alcoholics.

COLORADO:  So you’re considering a move to Colorado to live a lifestyle that includes the local (herbal) refreshments. But you don’t want to end up like some sort of burnout. You intend to maintain your weapons-grade professional trajectory, balancing it alongside a rigorous weekend mountain-biking regimen. You plan to toke, that is, in moderation. But Read the full article…

Marijuana Industry Battling Stoner Stereotypes

The campaign warns users that edible pot can be much more potent than the marijuana they're smoking — and that the pot-infused treats on store shelves are much stronger than homemade brownies they may recall eating.

COLORADO:  Tired of Cheech & Chong pot jokes and ominous anti-drug campaigns, the marijuana industry and activists are starting an ad blitz in Colorado aimed at promoting moderation and the safe consumption of pot. To get their message across, they are skewering some of the old Drug War-era ads that focused on the fears of Read the full article…

The Importance Of Getting Stoners To Vote On Nov. 4

NORML will be holding its 2015 Legislative Fly-In in Washington, DC, on May 21 and 22

by Keith Stroup Legalization Initiatives on the 2014 Ballot As we approach the midterm elections this November 4th, it is important that everyone understand the right to vote is both a privilege and a responsibility of citizenship that should not be overlooked. Not only do we have federal, state and local candidates on the ballot, but even Read the full article…

Changes In Iowa Medical Marijuana Law Appear Unlikely

After listening to the parents' testimony, a special legislative committee voted 6-4 Thursday to recommend that Iowa allow a strictly regulated system of producing and distributing medical marijuana to approved patients.

IOWA:  Iowa is unlikely to expand its limited medical marijuana law soon, a leading legislator said. “I think we made the changes that we made last year, and we’ll want to see how it works” before debating the issue further, House Speaker Kraig Paulsen said. The Republican from Hiawatha said he doubted members of his Read the full article…

Got a Pot-Centric Business Idea? Marijuana Investment Summit Seeks Pitches

Participants in the Sept. 18 event were chosen from hundreds in earlier rounds of competition that culminate in the face-to-face pitch series this week.

ILLINOIS:  Prospective marijuana entrepreneurs will get a chance to bend the ears of more than 175 investors seeking business opportunities at a pot-centric business conference with a “Shark Tank-like pitch forum” Thursday. Sponsored by the ArcView Investor Network, an alliance of “angel investors” that cultivates partnerships exclusively with marijuana-focused business ideas, the day-long conference at the Read the full article…

Campaign To Legalize Marijuana In D.C. Selects New Slogans For November Vote

This set-up renders the district especially vulnerable to the whims of national politicians, some of whom—historically, at least—have prioritized partisan interests over D.C.’s right to self-determination.

DISTRICT OF COLUMBIA:  The campaign to legalize marijuana in the nation’s capital has settled on its slogans for D.C. voters. The two lines were not tested with focus groups or polled for impact, but campaign chairman Adam Eidinger said he is confident that organizers have nailed it. The simple message that voters will continue to see on Read the full article…