Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Wed
04
Mar

Weed is 114 times less deadly than alcohol, study finds

At 12:01 a.m., the U.S. capital became the latest jurisdiction to allow its residents to possess small amounts of marijuana, but a battle with Congress has set up a perplexing pot dilemma: people will be allowed to smoke it, but where can they buy it?

Washington, D.C., residents voted in November in favour of Initiative 71, to allow those 21 and over to possess up to two ounces of marijuana for personal use and to grow up to six plants (three maturing at a time) in one's home. It also allows someone to give — but not sell — up to one ounce to someone else.

Tue
03
Mar

5 ASSOCIATIONS PUSHING FOR MARIJUANA LEGALIZATION

Did you know there is a group of Republicans advocating for marijuana reform? Now that marijuana is legal in DC, we searched for the associations pushing forlegalization in other parts of the country. Here's what we found:

NORML (NATIONAL ORGANIZATION FOR THE REFORM OF MARIJUANA LAWS)

5 Associations Pushing For Marijuana Legalization

Tue
03
Mar

3 Washington marijuana growers convicted on federal charges

March 3, 2015: Rhonda Firestack-Harvey, right, embraces her son, Roland Gregg outside federal court. (AP)

SPOKANE, Wash –  Three people were found guilty Tuesday of growing marijuana, but they also were exonerated of more serious charges in a widely-watched federal drug case in a state where medical and recreational marijuana is legal.

The three remaining defendants of the so-called Kettle Falls Five were all found guilty of growing marijuana. But a jury found them not guilty of distributing marijuana, conspiracy to distribute and firearms charges that carried long prison sentences.

U.S. District Court Judge Thomas Rice set sentencing for June 10.

The defendants were Rhonda Firestack-Harvey, her son Rolland Gregg and his wife, Michelle Gregg.

Tue
03
Mar

Texas Legislator Fights to Legalize Marijuana, “Something That God Made Good”

Last November, Alaska became the first red state to legalize the recreational use of marijuana. Now a conservative state legislator is hoping Texas will follow suit, filing a bill to repeal Texas’ pot prohibition—in order to honor God. From the Houston Chronicle:

Tue
03
Mar

Alaska Could Provide Big Opportunities for Expansion-Minded MJ Companies in Other States

Established cannabis companies looking to expand into new markets could find a major opening in Alaska if a recent legislative proposal becomes law.

The measure – introduced in the state Legislature last week – would ban applicants seeking recreational cannabis licenses from accepting investments by third parties. That stipulation could give established companies a big edge over small startups and individual entrepreneurs, according to some observers, as licenses applicants would more or less need to be entirely self-funded.

Tue
03
Mar

Colorado marijuana sales hit $700m in first legal year

  • Medical marijuana accounted for $386million of sales and recreational pot brought in $313million in 2014, according to annual report
  • 49.7 tons of medical marijuana flowers were sold, while 4.81million units of edible marijuana were purchased last year
  • Voters in Colorado and Washington opted to legalize recreational marijuana use by adults in landmark twin ballots in 2012 
  • First retail stores opened in Colorado on January 1, 2014

A year after retail marijuana stores opened in Colorado, sales hit nearly $700million as 17 tons of the recreational buds were bought by consumers in the state's first year of full legalization.

Tue
03
Mar

$36 million raised for Ohio marijuana legalization proposal

COLUMBUS, Ohio -- Investors have raised at least $36 million to fund ResponsibleOhio's plan to legalize marijuana and purchase the commercial growing sites promised to investor groups.

Investors contributed $4 million to each of nine limited liability corporations tied to ResponsibleOhio last year, according to securities offering filings with the U.S. Securities and Exchange Commission. ResponsibleOhio officials have said they expect to spend more than $20 million to get their constitutional amendment on the statewide ballot and passed by a majority of voters in November.

Tue
03
Mar

Colorado sells 20 tons of recreational weed yet demand for medical marijuana remains high

Colorado has allowed the use of marijuana for medical purposes for almost a decade-and-a-half, but the state only legalized the sale of cannabis for recreational purposes in January 2014. With a relatively well-established industry geared up for the production of medical weed and less stringent guidelines for obtaining the bud, it was thought that Colorado could see market cannibalization as some medical users began to use drugs bought for recreational purposes — but after a full year of sales, the state's data suggests otherwise.

Mon
02
Mar

Medical pot sales, tax income growing in Maine

Maine’s medical marijuana industry climbed to new heights in 2014, accounting for an estimated $60 million to $75 million in sales and generating as much as $4 million to $5 million in tax revenue for the state.

The legal marijuana industry still represents a small piece of the state’s overall revenue, but state tax collection numbers show a rapid growth in sales as more patients turned to dispensaries or caregivers to buy their medicine during the past four years.

 

The numbers also highlight the success of a trade that once was limited to an untaxed and unregulated black market.

Mon
02
Mar

Medical pot sales, tax income growing in Maine

Maine’s medical marijuana industry climbed to new heights in 2014, accounting for an estimated $60 million to $75 million in sales and generating as much as $4 million to $5 million in tax revenue for the state.

The legal marijuana industry still represents a small piece of the state’s overall revenue, but state tax collection numbers show a rapid growth in sales as more patients turned to dispensaries or caregivers to buy their medicine during the past four years.

The numbers also highlight the success of a trade that once was limited to an untaxed and unregulated black market.

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