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E-Cigarette Firm Eyes Emerging Cannabis Oil Market

Category: News | Posted on Mon, November, 10th 2014 by THCFinder
e-cigarette-company-eyes-cannabis-oil-marketAs more states approve the medicinal and recreational use of marijuana, an Oklahoma-based electronic cigarette retailer is looking to build a national franchise.
 
Marijuana is illegal under federal drug laws. But voters in Oregon, Alaska and Washington, D.C., approved ballot measures Tuesday to legalize the recreational use of marijuana, joining Washington state and Colorado. And in more than a dozen other states, medical marijuana is available.
 
The growing availability of legal pot opens the door for Tulsa-based Palm Beach Vapors to market a method for producing a cannabis oil product that can be inhaled through a common e-cigarette, according to CEO and co-founder Chip Paul.
 
"This is a wave that's kind of sweeping the nation," said Paul, whose company is looking to patent the method and has already signed licensing deals in California and Colorado for what it calls the M-System. He said he intends to set up franchise locations in other states.
 
The use of marijuana is currently illegal in Oklahoma, but the market for cannabis products is projected to grow as more states move to legalize it. Advocates plan a big push for legalization initiatives on 2016 ballots in California, Arizona, Maine, Massachusetts and Nevada, according to Ethan Nadelmann, executive director of the Drug Policy Alliance.
 
Paul was one of the organizers of an Oklahoma initiative petition calling for the legalization of medical marijuana, an effort that ended in August when volunteers failed to gather the needed signatures of more than 155,000 registered voters. The failed petition sought voter approval of classifying marijuana as an herbal drug that would be regulated by the Oklahoma Department of Health. Doctors would have been authorized to prescribe it for a variety of medical conditions.
 
Cannabis has a history of medicinal use to treat pain or alleviate symptoms such as nausea and vomiting in chemotherapy patients and people with AIDS. Paul plans to launch another petition drive in August 2015.
 
But Mark Woodward, spokesman for the Oklahoma Bureau of Narcotics and Dangerous Drugs, says the agency is concerned about the inhalation of cannabis oils via e-cigarettes.
 
E-cigarettes work by heating liquid nicotine into an inhalable mist; cannabis oils and waxes work much the same. Palm Beach Vapors does not buy, sell or ship marijuana but licenses the preparation method and additive that produces a vegetable glycerin base in which cannabis oils remain evenly distributed, which is key to labeling concentrations, similar to the nicotine measurements in e-cigarettes, Paul said.
 
The company has applied for a patent, and expects the M-System to account for 30-40 percent of its annual revenue by 2018, provided the country continues its march toward wider legalization, Paul said.
 
Marijuana is still illegal in Indiana, but Nate Renschler, who has a Palm Beach Vapors franchise in Newburgh, Indiana, said that sentiment could change when state officials realize the tax benefits of legalization.
 

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Blue Dream (Hybrid) Strain

Category: Nugs | Posted on Fri, November, 7th 2014 by THCFinder

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Blue Dream - Hybrid

Blue Dream is a cross of Blueberry and Haze and was bred to provide the body high of an indica and the cerebral sativa effects. Blue Dream is highly effective for pain management without the sedative effects of a pure indica. Effects are long lasting and she has a pleasant fruity taste.


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Proposal would put legalized marijuana on Missouri ballot

Category: Legalization | Posted on Fri, November, 7th 2014 by THCFinder
missouri-marijuana-proposalJEFFERSON CITY – Supporters of legalized marijuana are getting an early start on an initiative that could put the issue to a public vote on Missouri's 2016 ballot.
 
A pro-marijuana initiative was the first item submitted to the secretary of state's office on the first day possible to propose measures for the next general election. By Thursday, it was posted online for public comment.
 
The proposed constitutional amendment would make it legal to produce, sell and use marijuana in Missouri for people age 21 and older. The goal is to tax and regulate marijuana in a similar way as alcohol, said Columbia attorney Dan Viets, who submitted the measure.
 
The Missouri initiative comes after voters on Tuesday approved legalized marijuana in Alaska, Oregon and Washington, D.C. Recreational use of marijuana already is legal in Colorado and Washington state.
 
Before a petition can be circulated for signatures in Missouri, it must receive approval from the secretary of state and attorney general and get a financial estimate from the state auditor. The petition summary prepared by the secretary of state's office then could face legal challenges, and supporters would have until May 2016 to collect the roughly 165,000 signatures of registered voters needed to qualify for the November 2016 ballot.
 
Although some Missouri cities already have passed local ordinances decriminalizing marijuana possession, it remains a state crime punishable by up to a year in prison to possess up to 35 grams. A state criminal code revision set to take effect in 2017 would remove the possibility of jail time for first-time offenders convicted of possessing less than 10 grams.
 
The proposed initiative would invalidate those laws and require a state license to produce, deliver and sell marijuana, which could be taxed at 25 percent of its price. The tax revenues would be divided among pension plans for law enforcement officers and firefighters, K-12 schools, substance abuse programs, military veterans' services, college scholarships and local governments.
 
Viets is criminal defense lawyer who is chairman of Show-Me Cannibas and secretary of the National Organization for the Reform of Marijuana Laws. He is a longtime critic of Missouri's criminal marijuana laws.
 
"The vast majority of people who use marijuana are adults who use it responsibly. They do not deserve to be treated like criminals," Viets said. "We squander millions of tax dollars persecuting and prosecuting marijuana smokers, and we lose tens of millions of dollars in tax revenue."
 

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Happy Friday! What are you toking on today?

Category: Tokers | Posted on Fri, November, 7th 2014 by THCFinder

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Public Hearing For Vermont Marijuana Legalization Coming Up

Category: Legalization | Posted on Fri, November, 7th 2014 by THCFinder
vermont-mj-legalization-coming-soonVermont is on my list of states that could potentially legalize marijuana via the Legislature between now and 2016. So far, no state has ever legalized marijuana via its legislature, only via a citizen’s initiative. The RAND Corporation has been conducting a study on what marijuana legalization would look like in Vermont, and there is a public hearing scheduled for next week to discuss the issue. Via The Joint Blog:
 
Vermont Governor Peter Schumlin’s administration has announced that they’ll be holding a public hearing on November 12th as part of the state’s continuing examination of cannabis legalization.
 
According to a press release sent out by the administration, the hearing will “provide Vermonters with the ability to contribute comments for a legislatively-mandated study on the issues involved with possible legalization of marijuana production, distribution and possession in the State of Vermont.”
 
RAND’s Co-Director Beau Kilmer will be in attendance at the November 12th public hearing. The hearing is scheduled to take place from 3:30PM to 5:30PM, which can be watched via Vermont Interactive Technologies centers around the state. I’m very curious to see what is said at the hearing, especially from the public. With there now being four states with legalization on the books, along with Washington D.C., momentum has never been greater for reform.
 

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Kryptonite OG (Indica)

Category: Nugs | Posted on Fri, November, 7th 2014 by THCFinder

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