Cannabis Blog

Tokemon. Gotta Smoke 'Em All!

Category: Fun | Posted on Sun, July, 19th 2015 by THCFinder


Who’s Right on Marijuana? Justice Or the IRS?

Category: News | Posted on Sun, July, 19th 2015 by THCFinder

In downtown Washington, D.C., the Department of Justice asserts that marijuana enterprises are free to exist, while immediately across 10th Street, the IRS tells those businesses they are illegal drug-trafficking operations ineligible for the benefits other corporate entities enjoy.

Which is it? Right now, it is both. This dual status presents commercial challenges for marijuana businesses, carrying serious consequences for individuals, patients, investors, law enforcement, courts, accountants and others.

Last week, one challenge—the issue of tax deductions for marijuana enterprises—had its day in court. In Olive v. Commissioner of Internal Revenue [CIR]the U.S. Court of Appeals for the Ninth Circuit reviewed whether a medical marijuana enterprise in California—Vapor Room Herbal Center in San Francisco—could deduct business expenses under U.S. tax law (the Internal Revenue Code).

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D.C. Fair To Include Marijuana Growing Competition?

Category: Events | Posted on Sun, July, 19th 2015 by THCFinder
dc state fair marijuana

(image via Facebook)

I am a big fan of fairs. I love fair food, and I’m a total sucker for the fair games in which the contestant can play a totally rigged game to win a prize that carries questionable value. I don’t know why, but I always have to give up a buck or two to try to land a coin in a tray, pop a balloon, or knock over some milk jugs. It’s fair season right now, and it sounds like at least one upcoming fair in America’s capital will feature a marijuana competition. Per NBC Washington:

For the first time, the District of Columbia State Fair will include a marijuana growing contest.

Participants in the pot-growing contest will be judged on appearance, odor and touch, including whether the stem is sticky and whether it bends or snaps.

I was able to find an entry form (at this link here), which stated the following:

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East Oregon Cities Banning Commercial Pot Sales

Category: News | Posted on Sun, July, 19th 2015 by THCFinder

Though legalized recreational cannabis has been welcome in western Oregon cities, like Portland, since July 1, more conservative locales in East Oregon are not so enthused about “party pot”. As reported by KTVB-7, cities like Vale, Nyssa and Ontario have either passed or are planning to pass ordinances to prohibit commercial pot sales.

This development is not merely a political move by reactionary legislators. Almost 70 percent of voters in Malheur County voted against Measure 91 in November 2014, which was victorious statewide in legalizing marijuana for adults.  

By virtue of Oregon House Bill 3400, cities located in any county that tallied more than 55 percent of the vote against Measure 91 are permitted to ban recreational pot shops. These measures only prohibit commercial sales of pot within a given city’s limits—possession and use of recreational weed remains completely legal throughout Oregon.

For some cities like Vale, officials claim banning ganja storefronts is also a matter of practical necessity because the lack of available space would render it difficult for a weed retailer to comply with the regulations of Measure 91, such as being situated the mandated distance away from schools and medicinal marijuana dispensaries.

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