Marijuana Blog

United States Adult Use Marijuana Sales Are Up 232%

Category: News | Posted on Wed, March, 23rd 2016 by THCFinder

ArcView Market Research, the leading publisher of cannabis market research and information in partnership with New Frontier, the cannabis Big Data and analytics authority, today released the full 300+ page version of the 4th edition of the State of Legal Marijuana Markets, which shows that the legal cannabis industry is one of the fastest growing industries in America with a compound annual growth rate of 31%. The official 2015 ArcView market estimate has been increased to $5.7 billion, up from $4.6 billion in 2014. This was fueled primarily by explosive growth in adult use market sales, which grew from $374 million in 2014 to $1.2 billion, a 232% year over year increase.

“If all 9 states with ballot initiatives this year were to pass those laws, 9 in 10 Americans will live in a state where the use of cannabis in some form is legal. That is a staggering number when you realize that it was only two years ago that Colorado was the first state to fully legalize, and last year they generated nearly a billion dollars in marijuana sales,” said Troy Dayton, ArcView CEO.

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Cannabis Interceptions on Mexican Border Down Again

Category: News | Posted on Wed, March, 23rd 2016 by THCFinder

For a second year running, the U.S. Border Partrol reported drastically reduced cannabis seizures along the Mexican border—and even the mainstream media can't help making the connection to the growing trend toward legalization and tolerance in the United States. In reporting the findings,the Washington Post used the headline, "Legal marijuana is finally doing what the drug war couldn't." 

Last year, border agents confiscated some 1.5 million pounds—down from a peak of nearly 4 million in 2009. Increased domestic production in California, Colorado and Washington have driven prices down, especially at the bulk level.

"Two or three years ago, a kilogram [2.2 pounds] of marijuana was worth $60 to $90," a Mexican cannabis farmer recently told NPR. "But now they're paying us $30 to $40 a kilo. It's a big difference. If the U.S. continues to legalize pot, they'll run us into the ground.

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What strain are you smoking on today?

Category: Fun | Posted on Tue, March, 22nd 2016 by THCFinder


Help Lobby Congress For Medical Marijuana Reform Today

Category: Medical Marijuana | Posted on Tue, March, 22nd 2016 by THCFinder

congress medical marijuanaI received the following alert from Americans for Safe Access:

Hundreds of medical cannabis patients, researchers, advocates and other stakeholders are visiting lawmakers in Washington, DC, this morning to support the first comprehensive bipartisan federal medical cannabis reform bill ever introduced in the US Congress.

Participants in ASA’s National Medical Cannabis Unity Conference are on Capitol Hill to support the CARERS Act right now. Can you make three phone calls to help get that bill passed this year?

The Compassionate Access, Research Expansion, and Respect States (CARERS) Act is the most comprehensive piece of federal medical cannabis legislation that has ever been introduced in both the U.S. House and Senate. This bipartisan legislation would remedy the state/federal conflict over medical cannabis laws.

We are asking members nationwide to call their US Senators and US Representative and ask him or her to support the bill today. The timing matters. Hundreds of advocates are visiting offices right now. Your calls will be part of a powerful message about medical cannabis in Congress today.

Click here to find the telephone numbers for your federal representatives and a sample script for your phone call. It’s fast, easy, and makes a real difference!

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Tommy Chong's Medical Marijuana Garden

Category: Videos | Posted on Tue, March, 22nd 2016 by THCFinder



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