Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Thu
19
Mar

Obama's Poll-Following Marijuana Metamorphosis

In an interview with Vice News this week, President Obama suggested that removing marijuana from the list of federally prohibited substances would represent “progress.” At the same time, he made it clear he’s in no hurry to see that happen. “Young people,” he said, “I understand this is important to you. But, you know, you should be thinking about climate change, the economy, jobs, war and peace. Maybe, way at the bottom, you should be thinking about marijuana.”

Thu
19
Mar

Welcome to America's First Government-Run Pot Store

The first government-run recreational marijuana store in the country opened this month in Washington State. Revenues from the pot shop will benefit the small town of North Bonneville, in the Columbia River Gorge.

Community leaders there say their town could really use the cash. The economy in that part of the state has been slow to recover since the timber industry collapsed more than two decades ago.

“There is one gas station. There is one restaurant. There is a golf course. And there is the Bonneville Hot Springs Hotel,” said John Spencer, the former city administrator turned consultant.

With a few exceptions he’s just described most of the town’s economy.

Thu
19
Mar

Medical Marijuana Facility in Leamington to Expand

As a result of policy changes introduced by the Conservative government, corporations are taking over medicinal cannabis, concentrating business in the hands of people with ties to Big Pharma.

One morning in February, Nanaimo councillors and business leaders met in an industrial area about 20 minutes from the city’s downtown.

The building they stood before is nondescript. But, recounted Sasha Angus, CEO of the Nanaimo Economic Development Corporation, “It’s like a vault wrapped by Fort Knox wrapped in a castle.

“Cameras, vibration sensors, and a lot of time and effort,” he continued, describing the facility’s security measures. “There’s a vault that’s two feet thick with more vibration sensors. It’s about one level below a nuclear-missile silo.”

Thu
19
Mar

Paying for pot: Card company addresses high priority for marijuana industry

NEW YORK (MarketWatch)—Paying and accepting cash for “legal” marijuana transactions isn’t easy, or safe for that matter. But prepaid debit card processor Global Payout Inc. GOHE, +8.70%  is aiming to change that with a payment system unveiled Wednesday that’s exclusively for Mary Jane.

In the marijuana industry, even in the more than 20 states where recreational and/or medical marijuana is legal or decriminalized, cash is the sole method of payment between buyers and sellers. That creates both danger and inconvenience for producers and retailers, according to Global Payout Chief Executive Jim Hancock, as they are forced to handle large amounts of cash.

Thu
19
Mar

Marijuana activists ramp up legalization efforts in N.J.

How do you save millions on taxes while bringing millions more to the state economy?

The answer could be blowing in the wind Saturday in Trenton where a group of activists plan to march to the State House, speak out and smoke out.

Launching what organizers call "the strongest cannabis campaign the state has ever seen," "NJ Spring Smoke Out" is just the beginning in a blaze of pro-marijuana demonstrations set throughout the state this spring, including a return to Trenton on April 20 and to Camden on May 2.

Thu
19
Mar

New threat to medical marijuana may surprise you

Medical marijuana has new competition, and it's fierce: Sales of recreational pot in Colorado are growing faster than sales of medical pot, even though medical marijuana is cheaper because of a lower tax rate.

That trend will continue, according to the most thorough analysis yet of the two, side-by-side legal markets.

GreenWave Advisors, which provides analysis for the cannabis industry, reports that medical marijuana sales growth in Colorado dipped in 2014, as did the number of new medical cardholders.

Wed
18
Mar

First Ever Marijuana Dental Care and Skin Care Line Rivals CBD-Based Products

NEW YORK (MainStreet) — While cannabidiol (CBD) and tetrahydrocannabinol (THC) are reportedly excellent painkillers, there’s a new cannabinoid on the block called cannabigerol (CBG) that has anti-inflammatory as well as anti-bacterial properties. That could lead the way formarijuana dentistry.

“It can help with gingivitis and bleeding gums,” said Dr. George Anastassov, a dentist and CEO with AXIM Biotech, a U.S. based cannabinoid company.

Wed
18
Mar

Proposed pot bills include decriminalizing small amounts of marijuana

Lawmakers in Springfield will consider several marijuana bills this session, including at least one that would decriminalize small amounts of pot.

Other proposed laws would:

  • Extend the now-delayed medical marijuana pilot program.
  • Add post-traumatic stress disorder to the list of conditions that make a patient qualified to use medical marijuana.
  • Allow adults to possess or grow small amounts of marijuana.

Several other marijuana-related bills also are proposed.

And proponents of legalized marijuana see this influx of legislation as “baby steps” on the way to legalization.

Wed
18
Mar

Smells Like Freedom: DC and Colorado microbreweries debut pot-aroma IPA

Beer geeks thrive off finding common ground with one another. And the folks behind Washington D.C.-based DC Brau and Colorado-rooted Oskar Blues share a lot more than their love of microbrews. Both breweries now hail from areas of the U.S. that are home to the most relaxed cannabis laws in the United States — and they’re debuting a protest beer today (yes, St. Patrick’s Day) in honor of their 420-friendliness.

The new beer, called Smells Like Freedom, will be tapped tonight at D.C. hangout Meridian Pint in the Columbia Heights neighborhood — “where Initiative 71 supporters gathered on Election Night last year to celebrate legalization,” according to The Washington Post.

Wed
18
Mar

Pro-Marijuana Group Warns Against "Excessive" Taxation in Massachusetts

A group pushing for a 2016 ballot question on legalizing the recreational use of marijuana is warning against imposing excessive taxation or fees on the sale of pot.

Bay State Repeal on Wednesday released a statement saying it welcomes a bill filed by more than a dozen Massachusetts lawmakers that would allow marijuana to be taxed and regulated like alcohol. The bill also would let adults 21 years or older possess and grow limited amounts of marijuana.

But the pro-marijuana group says if taxes and fees are too high that will force up the cost of pot and help maintain a black market in the state. It says that could have the unintended consequence of giving minors the ability to continue obtaining marijuana illegally.

Pages

Subscribe to RSS - Recreational Marijuana News