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Recreational Marijuana Sales Tax Begins Next Week In Oregon

Category: News | Posted on Wed, December, 30th 2015 by THCFinder
marijuana taxes tax

(via dailyfinance.com)

Limited recreational marijuana sales began in Oregon on October 1. Since that time, customers have not had to pay any tax on recreational marijuana. That changes next week when a recreational marijuana sales tax goes into effect in Oregon. Per Oregon Live:

Recreational marijuana consumers in Oregon should prepare for sticker shock starting Monday when a 25 percent sales tax kicks in.

The Oregon Legislature this year signed off on allowing medical marijuana dispensaries to sell recreational pot to anyone 21 and older. Those sales, which began Oct. 1, have been tax free. But that holiday comes to an end Jan. 4, when the state will impose a sales tax that extends until the end of 2016.

The Oregon Liquor Control Commission, the agency regulating the recreational marijuana industry, isn’t expected to open stores until late 2016. Once the liquor commission’s program is up and running, the 25 percent tax will be replaced with a permanent 17 percent sales tax.

Read More:http://www.theweedblog.com/recreational-marijuana-sales-tax-begins-next-week-in-oregon/


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Power Five Conference Schools Ease Penalties for Pot Use Among Athletes

Category: News | Posted on Wed, December, 30th 2015 by THCFinder

At least one-third of the Power Five conference schools are not punishing athletes as harshly as they were 10 years ago for testing positive for marijuana and other recreational substances, according to an investigation undertaken by the Associated Press

Last year, the NCAA cut in half the penalty for athletes who failed pot screenings at its championship events. 

NCAA chief medical officer, Dr. Brian Hainline, called college sports’ drug policies wildly inconsistent. 

“There should be one policy and it should be transparent,” Hainline told the Wall Street Journal.

One change Hainline would favor—ending NCAA testing for pot and other recreational drugs while encouraging schools to adopt their own comprehensive deterrence programs. 

“Our competitive safeguards committee said we should decrease the ban because (athletes) really aren’t doing it (recreational drug use) because of cheating,” Hainline told the AP. 

Read More:http://www.hightimes.com/read/power-five-conference-schools-ease-penalties-pot-use-among-athletes


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What strain are you smoking on today?

Category: Tokers | Posted on Tue, December, 29th 2015 by THCFinder


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Mexican marijuana farmers see profits tumble as U.S. loosens laws

Category: News | Posted on Tue, December, 29th 2015 by THCFinder

 started growing marijuana as a teenager and for four decades earned a modest living from his tiny plot tucked at the base of these rugged mountains of western Mexico.

He proudly shows off his illegal plants, waist-high and fragrant, strategically hidden from view by rows of corn and nearly ready to be harvested.

"I've always liked this business, producing marijuana," the 50-year-old farmer said wistfully. He had decided that this season's crop would be his last.

The reason: free-market economics.

The loosening of marijuana laws across much of the United States has increased competition from growers north of the border, apparently enough to drive down prices paid to Mexican farmers. Small-scale growers here in the state of Sinaloa, one of the country's biggest production areas, said that over the last four years the amount they receive per kilogram has fallen from $100 to $30.

Read More:http://www.latimes.com/world/mexico-americas/la-fg-mexico-marijuana-20151230-story.html


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