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City of Portland Cannabis Tax To Benefit Local Communities of Color

Category: News | Posted on Thu, August, 25th 2016 by THCFinder

PORTLAND, OR (Aug, 2016) – On November 8, 2016, Portland City voters will vote on the allocation of 3% of recreational marijuana sales tax to a number of causes, including the support of minority owned businesses and communities of color. The current state tax on recreational marijuana sales is 25%. The 2015 Oregon Legislature set the new tax base for recreational sales at 17% beginning January 1, 2017, with a provision that cities and counties may refer a local 3% tax to voters in the

November 2016 general election.  On June 22, Portland City Council voted to refer to voters the 3% tax on recreational marijuana sales. If the vote passes, it will be the first time this type of cannabis tax appropriation to communities of color will be implemented in the U.S. This is extremely important and appropriate, because statistics show that people of color, especially African American men, have born the brunt of prohibition enforcement. A study from the ACLU shows that blacks are arrested at up to 8 times the amount of whites for cannabis possession, despite nearly identical consumption rates. The comparative length of prisons sentences is also dramatically higher as well. This has had detrimental effects on targeted neighborhoods.

Read More:http://www.theweedblog.com/city-of-portland-cannabis-tax-to-benefit-local-communities-of-color/


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As Uruguay’s Pot Industry Struggles with the Details, Growers Move On to Hemp

Category: News | Posted on Thu, August, 25th 2016 by THCFinder

Legal pot in Uruguay got off to an international bang in December 2013 when it became the first country in the worldto legalize production, distribution, sale and consumption of the plant.

Former Uruguayan President Jose Mujica, whose administration also legalized gay marriage and abortion during his term (2010-2015), pitched the pot legalization law as a way to fight drug gangs.

As these several years have passed, regulations and restrictions have hamstrung the legalization project.

The government’s low price cap and strict production limits, is pushing less regulated hemp to the center stage among cultivators.

Read More:http://hightimes.com/news/as-uruguays-pot-industry-struggles-with-the-details-growers-move-on-to-hemp/


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What strain are you smoking on today?

Category: Fun | Posted on Wed, August, 24th 2016 by THCFinder


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Bad Boys 2 - Marcus High off Drugs

Category: Videos | Posted on Wed, August, 24th 2016 by THCFinder


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A Pot of Money: Oregon Collects $25.5M in Marijuana Taxes

Category: News | Posted on Wed, August, 24th 2016 by THCFinder

SALEM, Ore. (AP) — Oregon has processed $25.5 million in tax payments from recreational marijuana from January through the end of July.

The state’s Department of Revenue says medical marijuana dispensaries were required to file their second-quarter returns for recreational marijuana by Aug. 1.

Oregonians legalized recreational marijuana in late 2014.

But it can only be sold by medical marijuana dispensaries until the Oregon Liquor Control Commission finalizes rules for the new industry. That’s expected to happen by next year.

Read More:http://hightimes.com/business/a-pot-of-money-oregon-collects-25-5m-in-marijuana-taxes/


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