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California Still Can’t Figure Out Its Cannabis Banking Problem

Category: News | Posted on Thu, March, 30th 2017 by THCFinder

Starting next year, sales of recreational marijuana in California are expected to generate $1 billion in sales tax revenue. That’s an amazing amount of cash—emphasis on cash.

As has been the case since the cannabis industry became an industry, most marijuana businesses in America do not have bank accounts, because, thanks to federal law, banks do not accept their money.

This is a problem everywhere: As much as 40 percent of the marijuana businesses in Colorado, which recorded more than $1.3 billion worth of sales last year, do not have bank accounts, the Pew Charitable Trusts reported.

Some local credit unions quietly take smaller accounts, but big banks are staying away.

Read More:http://hightimes.com/news/california-still-cant-figure-out-its-cannabis-banking-problem/


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What strain are you smoking on today?

Category: Fun | Posted on Wed, March, 29th 2017 by THCFinder


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Trainspotting - Drug Deal

Category: Videos | Posted on Wed, March, 29th 2017 by THCFinder


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Big Pharma Trying to Corner the MMJ Market

Category: Medical Marijuana | Posted on Wed, March, 29th 2017 by THCFinder

An infamous Arizona pharmaceutical company that spent a half million dollars fighting the state’s marijuana legalization efforts has just received approval from the DEA for its synthetic substitute for the natural plant.

Insys Therapeutics, Inc. is the producer of Syndros, an oral spray that contains THC. The drug is used to treat nausea and vomiting in cancer patients, as well as weight loss in those battling AIDS.

Syndros is a brand name for the company’s formulation of the generic drug dronabinol, which has been available since 1985 as a capsule under the brand name Marinol.

In 2016, Insys donated $500,000 to Arizonans for Responsible Drug Policy, a group campaigning against Proposition 205, which would have legalized adult recreational use of marijuana in Arizona. The proposition failed to pass by a 52 percent-48 percent vote in last November’s election.

Read More:http://hightimes.com/medicinal/big-pharma-trying-to-corner-the-mmj-market/


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Cannabis and Comedy Converge at The Gateway Show

Category: Culture | Posted on Wed, March, 29th 2017 by THCFinder

The Gateway Show is a comedy show based in Seattle and began a few years ago.  I had not heard about this comedy show until recently, and got to attend my first (of what I hope will be many) a few months ago and laughed so hard I cried!  This show is a fairly typical comedy show with a twist as the comedians perform after cannabis consumption.

The concept is simple: the comedians come in and each perform a set of comedy.  Then, they take an intermission and go off site and get dabbed out of their brains.  Rip City Remedies helps with the product and Hermetic Botanicals helps with the edibles and their other products.  After their sesh, the comedians return to the venue (the Funhouse Lounge is who hosts these shows in Portland) and each do a second set of comedy while under the influence.

Read More:http://www.theweedblog.com/cannabis-comedy-converge-gateway-show/


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