Working Around the Banks
Oct16

Working Around the Banks

Cannabis will not be re-legalized in any meaningful way until our plant can open a bank account.  Here's the next bend-in-the-road in this story.   What strategies are companies using to successfully open bank accounts? Currently, bank accounts for dispensaries and other cannabis businesses are substantially opened based on a “don’t ask, don’t tell” policy. Typically, a dispensary bank account will be established in the name of a...

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NY Times Endorses Re-Legalization
Oct13

NY Times Endorses Re-Legalization

Ka-boom, my friends.   From an editorial in the NY Times: Opponents of legalization warn that states are embarking on a risky experiment. But the sky over Colorado has not fallen, and prohibition has proved to be a complete failure. It’s time to bring the marijuana market out into the open and end the injustice of arrests and convictions that have devastated communities. Careful regulation of the drug could very well make it...

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New Normal:  Cannabis Less Harmful Than Alcohol
Sep30

New Normal: Cannabis Less Harmful Than Alcohol

Another poll finds a "new normal" has emerged.     Younger voters overwhelmingly agree that marijuana is less damaging to society than is alcohol, according to the findings of a Rare.us/Gravis Marketing poll released last week. Among those voters between 18 and 40 years of age, 47 percent ranked alcohol as the most harmful substance to society, well ahead of both tobacco (27 percent) and cannabis (13 percent). (Thirteen...

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MMJ Research Approved — Researcher Fired
Sep23

MMJ Research Approved — Researcher Fired

Why is the federal government so afraid of allowing research into the use of cannabis for medical conditions?  Once again, the shade of Harry J. Anslinger rises from the lies and the fear in an effort to derail the future.   The University of Arizona fired a psychiatry professor this week whose research on medical marijuana and veterans was finally green-lighted by federal authorities in March after a years-long chokehold. Dr....

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Will More Plants Mean More Research?
Sep04

Will More Plants Mean More Research?

The DEA's increase in its' order to the University of Mississippi should mean more proper, scientific research is just around the corner.  That's all good. We've been following this story for a while.   The federal government is increasing production of cannabis tied to the Marijuana Research Project at the University of Mississippi, which is the only facility producing the plant for government-approved tests. Researchers there...

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Lawsuit Challenges Cannabis Tax in Colorado
Aug26

Lawsuit Challenges Cannabis Tax in Colorado

We all know how the government enjoys collecting taxes, but will paying your cannabis tax be the same thing as pleading guilty to a cannabis crime?  Colorado is trying to find out.   . . . a Colorado tax on marijuana has been upheld by a federal court despite claims that paying it amounts to self-incrimination violating the Fifth Amendment. Plaintiffs want the taxes on recreational pot outlawed, reasoning that they require...

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