Business
The Budding Ganja Business
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Colorado’s unregulated marijuana grow sites persist despite legal green rush
A short drive from the “green rush” of Denver’s legal marijuana boom, national forest police have been staking out a suspected cannabis plantation hidden deep in the woods that is anything but legitimate. Using aerial reconnaissance and tracking devices attached to resupply trucks, federal special agents were trying to locate the latest gang of armed
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Uruguay Understands You Can’t Tax Legal Weed If You Want to Undercut Black Market
Uruguay is the first nation in the world that’s embarked on the project of legalized and regulated marijuana. In many respects, Uruguay’s legal marijuana market is more tightly controlled than those emerging in Colorado and Washington. The government, for example, will be a primary distributor of the product, and all users will have to register with it.
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Controversial Weed Growing iOS Game Pulled from App Store
A new iOS game called “Weed Firm” has been pulled out from the App Store for containing controversial content, reports App Advice. The game enjoyed top ranking on the Top Free iPhone Apps chart on Tuesday just before being removed from the App Store. Industry observers are now wondering how the game, with its controversial content, was
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U.S. Says Legal Marijuana Growers Can’t Use Federal Irrigation Water
Marijuana growers operating legally in Colorado and Washington state took another hit from the federal government on Tuesday when the U.S. Bureau of Reclamation announced that pot growers are (still) not allowed to use federal irrigation waters. Since 1902, the bureau has been charged with maintaining dams, power plants and canals in the 17 “western states” — from North
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Local politicians slobbering over tax revenue from pot sales
Denver’s 3D Cannabis Center owner Toni Fox thought she had enough marijuana to last through February when she opened her doors Jan. 1 for recreational pot sales. Then she served 450 customers Jan. 1 and turned away 60. She planned to close Monday and Tuesday, she said, to re-evaluate her supply. She had been serving
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Credit, debit cards OK for recreational marijuana
DENVER — It will be up to banks to decide whether to allow the use of credit cards to buy recreational marijuana. Dozens of stores are offering patrons payment alternatives to cash, but they require a bank account. According to the Denver Post (http://tinyurl.com/o4reaqb ), Visa has said their previous policy was to ensure that no
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Colorado Recreational Marijuana Sales Exceed $5 Million In First Week
Colorado marijuana dispensaries made huge sales in the first week of legal recreational marijuana. Owners of the 37 new dispensaries around the state reported first week retail sales to The Huffington Post that, when added together, were roughly $5 million. That’s a lot of green for Colorado’s legal weed. Colorado, the first state to allow retail recreational
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Colorado pot shops open Increase in price worries some
Long lines and blustery winter weather greeted Colorado marijuana shoppers testing the nation’s first legal recreational pot shops yesterday. It was hard to tell from talking to the shoppers, however, that they had waited hours in snow and frigid wind. “It’s a huge deal for me,” said Andre Barr, a 34-year-old deliveryman who drove from
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Colorado opens Marijuana shops to kick off 2014
For more than 70 years, the sale of marijuana for recreational use has been criminally prohibited in the United States. But that ban, as it has existed for decades, ended Wednesday in Colorado. The historic first, legal sales of recreational marijuana to those 21-and-older began in the morning at select dispensaries in Colorado — the
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US offers world’s first legal recreational marijuana
No wonder they look pleased. Darren Austin and his son Tyler from Decatur, Georgia, are queuing to buy the first legally available recreational marijuana in the US, from the Denver Discreet Dispensary in Colorado. From 1 January, residents of Colorado aged 21 or older became the beneficiaries of the first law anywhere in the world
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Washington cities slow to implement legal marijuana
Though Washington voters approved growing and selling recreational marijuana, few cities have taken steps to implement the law. SEATTLE — Sales of recreational marijuana are due to start in Washington around late spring, but there’s no welcome mat — at least not yet — for pot businesses in dozens of cities around the state. A
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Marijuana application numbers growing
The final list of applicants for a recreational marijuana license wasn’t available at press time, but the most recent compilation released by the Washington Liquor Control Board shows a marked jump in the number of marijuana license applications that have been filed. One board employee, who asked not to be identified, said the list
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Colorado’s legal recreational marijuana industry opens
DENVER – Crowds were serenaded by live music as they waited for the nation’s first legal recreational pot shops to open. They ate doughnuts and funnel cakes as a glass-blower made smoking pipes. Some tourists even rode around in a limo, eager to try weed but not so eager to be seen buying it. And when
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Wyoming Highway Patrol issues warning about Colorado-purchased marijuana
The Wyoming Highway Patrol issued a warning Thursday not to bring Colorado purchased marijuana into the state. The patrol issued a news release with the words in the email’s subject in all caps: Do not bring your Colorado purchased marijuana into Wyoming. Wednesday was the first day Colorado allowed the purchase of recreational marijuana. The
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Palm Springs council sets marijuana dispensary tax at 10 percent
PALM SPRINGS — The three legal medical marijuana dispensaries will now be required to pay the city 10 percent of their proceeds starting Jan. 1 while the illegal operations will be required to pay 15 percent. The Palm Springs City Council on Wednesday approved 4-1 the pot tax rates and a series of other changes including
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Study: Demand for marijuana higher than state officials estimated
Legalizing marijuana may not change the habits of people like Tyler Whitmire, a student at Western Washington University in Bellingham. But figuring out how many people smoke pot has been one of the trickiest questions facing the bureaucrats setting up Washington’s new legal marijuana system. Underestimate demand, and marijuana fans might stick with their black
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Vt.’s 4th medical marijuana dispensary approved
BRATTLEBORO, VT. — Vermont’s fourth medical marijuana dispensary is a go for Brattleboro. The Development Review Board has approved a permit to operate the dispensary, which will be able to sell marijuana to patients on the state’s Medical Marijuana Registry. The Brattleboro Reformer reports (http://bit.ly/1bI41RH) owner Shayne Lynn hopes to open Southern Vermont Wellness on Putney
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Edmonton grower sees ‘huge opportunity’ in supplying medical marijuana
One Edmonton company is a step closer to being a licensed grower for the federal government’s new medical marijuana program. Vernon Devam, president of GrenEx Pharms, said Health Canada has approved his company’s proposal to be one of the producers that will supply nearly 40,000 medical marijuana users across the country. “I see a huge
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Seed-To-Sale Tracking Alone Won’t Stop Marijuana ‘Leakage’
As Washington moves to legalize recreational pot, preventing “leakage” to other states like Oregon and Idaho is a top priority of the U.S. Justice Department Barcodes will help the state track marijuana from “seed-to-sale,” but technology alone won’t keep Washington pot in Washington. Last August Governor Jay Inslee pledged to enact a “disciplined” and “regulated”
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Calif. Man Hopes to Build ‘Anheuser-Busch of Marijuana’
A business school drop-out from Los Angeles wants to build what he calls the “Anheuser-Busch of marijuana,” readying for the day when pot’s “prohibition” fully ends in the U.S. Justin Hartfield, 29, dropped out of University of California, Irvine’s part-time business school program to launch Emerald Ocean Capital with a business partner. Though smoking marijuana is not
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