Recreational Marijuana News

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lifestyle
recreational
Fri
06
Mar

Funding Platforms Emerging for Marijuana Startups

What do tech startups and marijuana ventures have in common? An increasing number of funding platforms are on the rise with the goal of supporting both these enterprises. Many of these startups have Silicon Valley veterans at the helm. In the case of the marijuana industry, although it may still be in its infancy, the potential for growth in this sector has many investors sitting up and taking notice. Among the primary factors now attracting investors to this still fledgling industry is that there is still ample room for innovation.

Fri
06
Mar

How the American opiate epidemic was started by one pharmaceutical company

The state of Kentucky may finally get its deliverance. After more than seven years of battling the evasive legal tactics of Purdue Pharma, 2015 may be the year that Kentucky and its attorney general, Jack Conway, are able to move forward with a civil lawsuit alleging that the drugmaker misled doctors and patients about their blockbuster pain pill OxyContin, leading to a vicious addiction epidemic across large swaths of the state.

Fri
06
Mar

Pot lounges among marijuana issues lawmakers asked to consider

OLYMPIA – As legislators worked this week to blend the state’s recreational and medical marijuana laws, Spokane Valley officials asked them to consider one more wrinkle in the rapidly changing marketplace: pot lounges.

The Members Lounge, which is connected to a medical marijuana dispensary and allows consumption of some vapor and edible marijuana products on its premises, is an example of where the state’s two very different systems don’t mesh well. Using recreational marijuana in public is not legal, but the law is silent on public consumption of medical marijuana, and the lounge contends its

Thu
05
Mar

Committee approves bill to decriminalize marijuana in New Hampshire

New Hampshire may soon join other New England states in loosening the law when it comes to marijuana possession.

The Committee on Criminal Justice voted overwhelmingly Thursday to support a measure making it a violation, rather than a criminal offense, to possess a half-ounce or less of marijuana.

Under current law, possession of an ounce of marijuana or less is a Class A misdemeanor that carries with it a possible year in jail, but some believe that when it comes to societal problems, there are bigger fish to fry.

"We should be better spending our limited time and resources, and on top of that, the New Hampshire Constitution says the penalty ought to fit the crime," said Rep. Adam Shroadter, R-Newmarket.

Thu
05
Mar

The economic case for legalizing cannabis in the UK

Channel 4’s Drugs Live programme, broadcast last night, promised to examine what cannabis does to the brain. Many of us had already seen the clips of Jon Snow struggling after a massive dose of high strength marijuana (the equivalent of forcing a teetotaller to down a bottle of vodka and then asking him how he feels).

But beyond the effects of cannabis on the brain, isn’t it time for a wider discussion on the potential effects of safe, regulated cannabis consumption on society?

How much is cannabis worth these days? According to the Institute for Economic and Research, up to £900m could be raised annually through taxation of regulated cannabis market.

Thu
05
Mar

Sheriffs From 3 States Join Forces To Take Aim At Colorado's Marijuana Law

WASHINGTON -- Twelve sheriffs from three states said in a lawsuit filed Thursday that Colorado's law legalizing marijuana for recreational use creates a "crisis of conscience" by forcing them to uphold state law when their oath of office also includes a promise to uphold the federal Constitution.

Thu
05
Mar

Leslie Bosckor searches for gold in NY pot

Leslie Bosckor, co-founder of Nevada Cannabis Industry Association, is creating a similar association in New York.

Leslie Bosckor (pronounced "bosscore"), investment banker turned canna-businessman, holds guru status for many looking to get into the growing sector of legal marijuana. For four years, the native New Yorker has lived in Nevada, where he has co-founded the Nevada Cannabis Industry Association and helped 15 organizations successfully apply for marijuana distribution licenses. In New York, he's creating a cannabis industry association and a hedge fund.

Q

What is lacking in the industry?

A

Thu
05
Mar

Washington state cannabis retailer opens in defiance of county ban

Sealed bags of marijuana dangle behind a counter, curved glass pipes glimmer on shelves, and a steady trickle of middle-aged customers gleefully buys cannabis strains nicknamed Charlie Sheen and Godzilla.

"The Gallery" is similar to more than 100 other lawful state-licensed marijuana retail shops and hundreds of medical dispensaries in Washington state, with one exception: It is operating in defiance of local law.

Its opening on Sunday set up a potential showdown with authorities in Pierce County, about an hour outside Seattle, which has effectively banned recreational pot shops in unincorporated areas so long as the drug remains illegal under federal law, even as medical pot businesses flourish virtually unregulated.

Thu
05
Mar

Washington State Senate Says NO to Marijuana Vending Machines

OLYMPIA, Wash. (AP) — The Washington state Senate has passed a bill to forbid selling marijuana through a drive-through window or in a vending machine.

In a 47-0 vote Monday, Senators voted to add the new restriction to the state’s legalized trade in recreational marijuana, which is restricted to sales in state-licensed stores. Sen. Barbara Bailey, R-Oak Harbor, said the bill would keep marijuana-laced edible products from being supplied in parks, football games and in coffee shop drive-through windows.

Senators also voted 45-3 to create a marijuana research license so the drug’s effects can be legally studied by researchers working with the University of Washington and Washington State University.

Both bills will next move to the state House for consideration.

Wed
04
Mar

Alaska lawmakers discuss proposed new marijuana board

JUNEAU, Alaska - Lawmakers discussed Wednesday who would sit on a new marijuana board and what it might cost the state, during a first hearing on a bill that would create a new regulatory body.

Gov. Bill Walker introduced companion bills in the House and Senate to create a five-member marijuana board that would share staff and resources with the state's Alcoholic Beverage Control Board. It was discussed Wednesday in the House Labor and Commerce Committee.

The board would include a member each from the public safety and health sectors; one from a rural area; one or two from the marijuana industry; and one or two from the general public.

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