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Dave Chappelle - Smoking Weed

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


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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.

Source:http://www.theweedblog.com/colorado-sold-just-shy-of-one-billion-dollars-worth-of-cannabis-in-2015/


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Rhode Island Hopes to Legalize Marijuana to Avoid Paying Taxes on Medical Grows

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

While Rhode Island Governor Gina Raimondo appears to be hell bent on squeezing the medical marijuana community for taxes on homegrown cannabis plants, a couple of lawmakers are hoping to clip the nuts off the wild horse she rode in on with a piece of legislation that would allow the state to capitalize on a fully legal pot market.

Two proposals are set to invade both chambers of the state legislature sometime this week. Representative Scott Slater of Providence will reportedly introduce his bill to the House, while Joshua Miller of Cranston will file a companion measure in the Senate. Both proposals are an attempt to drag Rhode Island out of the gutter of prohibition by establishing a taxed and regulated system that would allow adults over the age of 21 to purchase weed in manner similar to beer. It would also eliminate the criminal penalties associated with pot possession for those not authorized to use marijuana under the state’s medical program. 

Read More:http://www.hightimes.com/read/rhode-island-hopes-legalize-marijuana-avoid-paying-taxes-medical-grows


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Chillin' With My Bud

Category: Fun | Posted on Mon, February, 8th 2016 by THCFinder


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