Marijuana Blog

New Obama Budget Would Allow Retail Pot Sales in Washington D.C.

Category: Politics | Posted on Wed, February, 10th 2016 by THCFinder

While President Obama recently announced that he didn’t have any plans to reform the marijuana laws in the United States before turning over his key to the White House, a proposed federal budget released by his administration earlier this week seems poised to disable a Congressional rider that has prevented the District of Columbia from establishing a taxed and regulated pot market for the past couple of years.

According to an analysis provided by Tom Angell with the Marijuana Majority, the proposed Fiscal Year 2017 budget would go against the grain of the current policies preventing the D.C. Council from enacting legislation to legalize retail pot sales by giving the city the freedom to utilize its own funds to bring this concept to fruition.

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What strain are you smoking on today?

Category: Fun | Posted on Tue, February, 9th 2016 by THCFinder


Australia Is Pushing to Legalize Marijuana Growth for Medical Research

Category: Legalization | Posted on Tue, February, 9th 2016 by THCFinder

The legislation in question does not address recreational use

Australia is set to introducelegislation that will legalize the licensed growth of marijuana for medical-research purposes.

The bill before Australia’s parliament will amend half-century-old drug regulations to create a licensing program for cannabis cultivation, reports the Australian Broadcasting Corporation (ABC).

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Dave Chappelle - Smoking Weed

Category: Videos | Posted on Tue, February, 9th 2016 by THCFinder


Colorado Sold Just Shy Of One Billion Dollars Worth Of Cannabis In 2015

Category: News | Posted on Tue, February, 9th 2016 by THCFinder
colorado legal marijuana sales

Iimage via Associated Press)

At the beginning of 2015 a lot of people were estimating that Colorado would sell over one billion dollars worth of cannabis. Recreational marijuana became legal to sell in Colorado at the beginning of 2014, with a regulated medical marijuana system already in existence. The roll out of recreational marijuana sales took a bit to ramp up, and 2014 was seen as a ‘warm up’ of sorts. 2015 was predicted to be the year that the one billion dollar mark would be crossed in Colorado, and Colorado came very, very close. Per The Cannabist:

Licensed and regulated marijuana stores in Colorado sold $996,184,788 worth of recreational and medical cannabis in 2015, according to new data from the state Department of Revenue.

“I think it’s ethical to round that up to a billion,” cannabis industry attorney Christian Sederberg said Tuesday upon first hearing the 2015 totals.

Colorado also collected more than $135 million in marijuana taxes and fees in 2015 — more than $35 million of which isearmarked for school construction projects.

My home state of Oregon just started collecting taxes on recreational marijuana sales, and even with limited recreational sales, revenue is being generated. I don’t think that Oregon’s industry will be quite as big as Colorado’s, at least not for awhile, but seeing legal cannabis sales generate tax dollars for public schools is a very cool thing. Will Colorado cross the one billion mark in 2016? Only time will tell. I know I hope to travel there some time in 2016 and add some dollars to the pile.




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