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Pot Edibles Taking the Cake Now That Medicinal Marijuana is on the Books

July 19, 2014 at 7:41 am / Cannabis News, Cannabis Politics, Cannabis Reviews, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

Those days of sprinkling a bit of weed into a brownie is being put to shame, as a new cottage industry focused on edible marijuana products is fast becoming the next greatest business. We’re talking cooking oil to candies and even cookbooks sprouting up thanks to new state laws that are making marijuana easy to get for medicinal purposes and those needing the drug are looking for other options than smoking a joint or lighting up the bong. “You’re seeing [...]

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Decriminalization Arrives, D.C. Police Prepare for Sea Change in Marijuana Laws

July 17, 2014 at 7:51 pm / Cannabis News, Cannabis Politics, Marijuana Decriminalization, Marijuana Legalization

On Wednesday, a D.C. police officer who caught someone carrying a small amount of marijuana was required to launch his suspect on an onerous journey through the criminal justice system — possibly involving handcuffs, fingerprinting and forensic analysis. On Thursday, that same officer faces the simpler task of pulling out a ticket book and checking a box: littering, or possession of marijuana? A lengthy civic debate over how to handle the most minor of drug offenses culminated at midnight Wednesday when a [...]

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House Votes to Allow Marijuana-Related Banking

July 16, 2014 at 8:28 pm / Cannabis News, Cannabis Politics, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

The House voted Wednesday in support of making it easier for banks to do business with legal pot shops and providers of medical marijuana. The 236-186 vote rejected a move by Rep. John Fleming, R-La., to block the Treasury Department from implementing guidance it issued in February telling banks how to report on their dealings with marijuana-related businesses without running afoul of federal money-laundering laws. Marijuana dealing is still against federal law, so banks who do business with marijuana dispensaries [...]

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The First National Cannabis Business Summit

July 16, 2014 at 5:15 am / Cannabis Events, Cannabis News, Cannabis Politics, Cannabis Reviews, Hemp, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

Hundreds of cannabis industrialists filled the bustling auditorium: entrepreneurs, investors, thought-leaders, and capitalists stood eager to discuss industry challenges and their brilliant solutions at the first National Cannabis Business Summit in Denver, Colorado. The National Cannabis Industries Association (NCIA) has organized several professional events, but this was the first one geared to a national discussion in a state with legal cannabis already on the books. It felt impossible to ignore the air of progress as the summit corralled more suits than tie-die [...]

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6 Things You Need To Know About The Nation’s Strictest Medical Weed Law

July 15, 2014 at 6:11 pm / Cannabis Events, Cannabis News, Cannabis Politics, Cannabis Reviews, Hemp, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

Patients awaiting access to medical marijuana in Illinois may have it by early 2015 after rules for the state’s restrictive pilot program were approved by the Joint Committee on Administrative Rules Tuesday. More than seven months after Illinois’ medical marijuana law went into effect, Tuesday’s approval outlines the steps and approximate timeframes qualifying patients and prospective entrepreneurs can expect before they get the green light to use, cultivate or dispense the drug. The law that created Illinois’ pilot program — already more [...]

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World’s First Marijuana Commercial Introduced by Canadian Company

July 15, 2014 at 4:48 am / Cannabis Events, Cannabis News, Cannabis Politics, Cannabis Reviews, Hemp, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

A Canadian company recently released a sneak peek into what the owners are calling “the world’s first marijuana commercial.” Here’s the scene: A man walks into a liquor store in search of products that come from “a plant that grows out of the ground.” He is met with hostility from an employee, who suggests choosing the “liquid alternative” that’s legal. “You know, the [liquid alternative] that leads to violence, social problems, the occasional gruesome death,” the store clerk adds. The [...]

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DEA May Be Losing the War on Marijuana Politics

July 14, 2014 at 3:19 pm / Cannabis Events, Cannabis News, Cannabis Politics, Cannabis Reviews, Hemp, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

For narcotics agents, who often confront hostile situations, Capitol Hill has been a refuge where lawmakers stand ready to salute efforts in the nation’s war on drugs. Lately, however, the Drug Enforcement Administration has found itself under attack in Congress as it holds its ground against marijuana legalization while the resolve of longtime political allies — and the White House and Justice Department to which it reports — rapidly fades. “For 13 of the 14 years I have worked on [...]

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Marijuana Is at Center of Feud in Capital

July 14, 2014 at 6:32 am / Cannabis Events, Cannabis News, Cannabis Politics, Cannabis Reviews, Hemp, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

A law to make marijuana possession in the District of Columbia punishable by only a $25 ticket, one of the laxest drug laws in the nation, has ignited a feud between Washington’s mayor and a Republican House member days before it is to take effect. Mayor Vincent C. Gray urged district residents to boycott the beaches and resort towns of Maryland’s Eastern Shore, after its congressman moved to block the city’s marijuana-friendly law, claiming more teenagers will take up drug [...]

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7 Marijuana Stocks for a Buzzworthy (But Risky) Pot-folio

July 9, 2014 at 4:27 am / Cannabis Events, Cannabis News, Cannabis Politics, Cannabis Reviews, Hemp, Marijuana Decriminalization, Marijuana Legalization, Medical Marijuana

With marijuana legalization riding high, investors are looking for ways to play the trend. So far, though, even the biggest companies in this green rush have yet to turn a profit. Throughout the country, marijuana legalization is going ganja-buster — leading many to wonder how they can profit from this trend. Several private equity funds recently launched to invest in marijuana-related companies and startups, including one led by none other than the bobo bible, High Times magazine. But what about retail investors? [...]

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