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Push Back in Big Sky Country

Despite recent advances we still have opposition. Here’s some push back in Montana.   A Billings businessman has proposed an initiative for the November 2014 ballot that effectively would ban the possession, use, cultivation, trafficking and transportation of marijuana in Montana. Steve Zabawa submitted the measure this week to Secretary of State Linda McCulloch’s office. […]

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va

15 of 15: Virginia

We reach the end of our journey to the hinterlands in one of the original thirteen colonies — Virginia.   It’s not the friendliest place we’ve seen: Possession of marijuana is punishable by up to 30 days in jail and a fine up to $500 for the first offense and up to one year in […]

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colorado

Cannabis & Denver’s Commercial Real Estate Market

Do you remember Donald Rumsfeld’s famous quote about “being aware of the things we don’t know?”  He was talking about going to war but the idea applies to re-legalization, too. How wili re-leg impact the commercial real estate market?  Here’s a glimpse at that impact in the city of Denver.   Vacancy rates for warehouses and […]

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What Is Cannabis Worth $?$?$?

America loves money — here’s some real numbers.   $1.53 billion: The amount the national legal marijuana market is worth, according to a Nov. 2013 report from ArcView Market Research, a San Francisco-based investor group focused on the marijuana industry. $10.2 billion: The estimated amount the national legal marijuana market will be worth in five […]

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colorado

Colorado: Automating Cannabis Purchases

Once the threshold of selling cannabis legally was crossed new ways of doing it are inevitable.   Marijuana entrepreneurs unveiled a high-tech marijuana vending machine in Eagle County [CO] Friday night. The machine isn’t in use yet, but it went on display at Montana’s Smokehouse barbecue in Avon. Stephen Shearin’s company, American Green, delivered the […]

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colorado

Colorado: Lots More Tax $$$ Than Expected

Follow the tax money to ultimate re-legalization. America loves money.   Colorado, the first state to tax legalized recreational marijuana sales, expects to bring in an estimated $98 million in revenue this year, exceeding the state’s original expectations by 40 percent. The state began levying sales and excise taxes on recreational marijuana on January 1, […]

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prohibition

Alcohol Prohibition Becomes Cannabis Prohibition

Here’s a well written piece looking at the period when alcohol prohibition came to an end and cannabis prohibition cranked up.   Which brings us to the switch from alcohol prohibition to marijuana prohibition. Our wealthy gentlemen mentioned earlier, Mssrs. Mellon and Du Pont, were instrumental in marijuana prohibition. Andrew Mellon appointed his future son-in-law […]

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testing

This Just In . . . Cannabis Kills Again?

The weekend is just a few hours away, and a couple of big stories are breaking.  Here’s a preview of both, which we will pick up next week if by some chance I remember to do so.  First, in New York City WeedMaps is setting up shop.   This is part of an email I […]

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business

Re-Legalized Cannabis Business News

There was a time cannabis stories appeared only in the “Police Blotter” section of the newspaper.  Today cannabis stories are regularly in the “Business” section of the news, regardless of medium.  Are you currently investing in cannabis’ bright future, or just in the cannabis itself?   Creative Edge Nutrition (FITX), company that makes of work-out […]

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business

Cannabis Enters the Mainstream

Here’s more evidence that cannabis has arrived.   At least three influential [Colorado] officials at the state agency that regulates marijuana businesses have found work doing cannabis industry consulting after leaving the division, the latest sign of the industry’s growing allure in Colorado. All three officials say they adhered to strict — but not always […]

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