Marijuana Politics

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Tue
21
Jun

Snitchin: Ex-Employee Sparked Massive, Empty-Handed Raid of Sonoma Cannabis Company

Last week's police raid on a major California cannabis company in Sonoma County came after a disgruntled former employee, who is attempting to form his own competing company, called the authorities on his old employer, an attorney said Friday.

Santa Rosa police and Drug Enforcement Administration agents wearing camouflage and kevlar descended on the production facilities and offices of CBD Guild, which manufactures popular cannabis products under the Care By Design and AbsoluteXtracts brand names. 

Tue
21
Jun

New Orleans Softens Marijuana Possession Laws Starting This Week

Starting Wednesday (June 22), simple possession of marijuana in New Orleans will carry far fewer consequences for repeat offenders. Police have been able since 2010 to issue a court summons to someone caught for the first time with weed. Now that option will extend to subsequent offenses.

The City Council approved an ordinance in March that gives New Orleans police greater latitude on pot possession. They are attempting to help police spend less time on minor crimes and keep low-level offenders out of the city's jail.

Tue
21
Jun

Libertarian Gary Johnson Explains Why He Supports Legal Pot

International Business Times sat down with former New Mexico Gov. Gary Johnson, the Libertarian party's nominee for president, to hear about his stance on legalizing marijuana. Only four states and Washington, D.C. have legalized recreational marijuana. 

See the video and below for Johnson's thoughts.

Mon
20
Jun

Pressure is on the U.S. to relax marijuana’s legal status

The legal mari­juana industry in Colorado is fed up with state and local government officials seizing and destroying their crops and mari­juana-infused products. The state has seen dozens of recalls of contaminated pot this year, triggered by positive tests for pesticides banned for use on mari­juana in Colorado.

Businesses say they have no way to challenge the test results before their products are removed from commerce. Two Denver-based businesses—EdiPure, which sells mari­juana-infused edibles, and Organa Labs, which makes mari­juana products for vaping—are appealing recalls by the city of Denver. They claim that the city relied on shoddy tests results from an uncertified laboratory.

Mon
20
Jun

Marijuana’s biggest adversary on Capitol Hill is sponsoring a bill to research…marijuana

Rep. Andy Harris (R-Md.) is Congress's most vocal opponent of legal marijuana, having single-handedly spearheaded a provision blocking legal pot shops in the District of Columbia in 2014. Rep. Earl Blumenauer (D-Ore.), on the other hand, was recently named Congress's "top legal pot advocate" by Rolling Stone.

Mon
20
Jun

DEA To Reclassify Marijuana, Effectively Legalizing Medical Cannabis, Report Says

The DEA will officially reclassify cannabis as a prescription-only, Schedule II drug on Aug. 1, 2016, a report published on the weekend claims. If true, that means medical marijuana could be legal by prescription — and perhaps only by prescription — in all 50 states, the District of Columbia and the US territories. Note: Reporters at The Daily Chronic question the accuracy of this report.

Mon
20
Jun

We went to one of the largest marijuana business conferences in the world — here's what it was like

Cannabis is a serious business. 

Currently, medical marijuana is legal in 25 states, with several more considering bills. The Tax Foundation, a nonpartisan research group, estimates that it's a $45 billion industry in the US alone. 

This year, the International Cannabis Association hosted the second-annual Cannabis World Congress and Business Exposition in New York City, where cannabis businesses from around the world can network, show off their products, and attend seminars and panel discussions about the burgeoning industry.

Mon
20
Jun

Former NFL players come out in support of medical marijuana

Former Chicago Bears quarterback Jim McMahon is suffering through Early Onset Dementia. It’s a disease usually reserved for the elderly. One that impacts your memory, thought process and cognitive abilities.

McMahon, who played 15 seasons in the NFL, is just 56 years old.

The former Super Bowl winning quarterback joined multiple ex-NFL players at the Cannabis World Congress and Business Expo this past week to advocate for the use of medical marijuana in the league.

Mon
20
Jun

Radical Rant: Why Is Marijuana Being Sin-Taxed?

As we continue to legalize marijuana, state by state we see widely differing schemes of taxing the herb. From a low of Massachusetts’ proposed 3.75 percent state tax to Washington State’s 37 percent state tax, every state has come up with something different.

Besides the obvious answer, “Because they can,” it’s interesting to consider how we apply taxes to other agricultural goods. No matter how you look at it, marijuana consumers are bearing an unfair burden of taxation.

Mon
20
Jun

The multibillion-dollar marijuana industry could soon come out of the 'gray market'

The Senate Appropriations Committee voted on Thursday to allow banks to provide financial services to legal recreational and medical marijuana dispensaries, according to The Denver Post.

Marijuana is still listed as a Schedule 1 substance by the federal government, so marijuana businesses in states where recreational use is legal, like Colorado, are forced to operate on an all-cash basis.

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