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Category: Fun | Posted on Sun, August, 23rd 2015 by THCFinder


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Marijuana Taxes Swell, Not Up In Smoke After All

Category: News | Posted on Sun, August, 23rd 2015 by THCFinder

Not long ago, Colorado had a disappointing first year of tax collections from marijuana. When one projects one figure, perhaps anything less is a letdown, and the first state to legalize recreational marijuana projected a bonanza. The more skimpy actual numbers lead some to sound the alarm that marijuana taxes were going up in smoke. But now, officials say the Colorado marijuana tax revenues are up nearly 100 percent

 

The report that the pioneer pot state reaped $44 million in only the first five months of 2015 is a big relief. The same period last year netted the state only $25 million. The healthy uptick in the numbers will mean copious revenues going into public schools, plus many other dollars added to Colorado’s general fund. It seems apparent that this comparative gravy train will fuel other states in assessing taxes on the burgeoning business the crop has become.

 

Colorado is one of four states that have legalized recreational marijuana despite the continuing federal classification of cannabis as a controlled substance. Many more states have legalized medical marijuana, and with a growing number of states looking to add recreational marijuana, there is no question that taxes play a large part. Colorado has its own tax oddities.

 

Read More:http://www.forbes.com/sites/robertwood/2015/08/21/marijuana-taxes-swell-not-up-in-smoke-after-all/


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Russia Will Block Wikipedia If It Doesn’t Take Action On Marijuana Page

Category: News | Posted on Sun, August, 23rd 2015 by THCFinder
russia marijuana internet censorship

(image via SlideShareCDN.net)

When it comes to censorship, Russia sounds like a rough place. Last week they were threatening to block Reddit if it didn’t proactively block /r/trees to Russian IP addresses, a very popular Reddit subgroup. At first Reddit sounded like it would play hardball, but then eventually gave into Russia’s demands. This week news articles have surfaced about Russia threatening to block Wikipedia if it didn’t proactively block a cannabis related entry to Russian IP addresses. Per The Independent:

The Russian government has threatened to ban Wikipedia over a page explainingcharas, a hashish type of cannabis.

Roskomnadzor, the Kremlin’s internet watchdog, has reportedly written to Wikipedia’s administrators saying it will be ban the website in its entirety unless the entry – which basically provides a recipe – is removed.

According to Meduza, which calls itself ‘the real Russia Today’, Roskomnadzor has issued a statement: “In the event that Wikipedia refuses to comply with the court’s ruling, [we] will block the webpage on Russia territory using the registry of illegal information.”

According to the article, Russia has even banned memes. As an American that exercises my First Amendment rights everyday, I’m appalled at what the Russian government is doing. Especially since a lot of their focus seems to be shutting down cannabis pages. Cannabis is harmless. Government censorship is not.

Source:http://www.theweedblog.com/russia-will-block-wikipedia-if-it-doesnt-take-action-on-marijuana-page/


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Marijuana Commerce Blossoms, But Challenges Abound

Category: Medical Marijuana | Posted on Sun, August, 23rd 2015 by THCFinder

As marijuana prohibition falls in one state after another, cannabis sales are shifting from street corners to storefronts as opportunists line up to cash in on what optimists say is the biggest investment opportunity since the dot-com boom of the turn of the century.

Investors of all varieties are starting to look at marijuana as less of a stoner's fad and more of a serious business venture. The industry totaled $2.66 billion in U.S. sales in 2014, up 74 percent from $1.53 billion the year before, according to the ArcView Group, a cannabis industry investment network.

Business insiders said they expect the market to expand to many times its present size as more states legalize marijuana for both medical and recreational use.

Already the cannabis trade has not only brought in millions for dispensary owners and cultivators, it's also created a thriving ancillary market, driven job growth and boosted property values, marijuana advocates claim.

Read More:http://www.nbcnews.com/storyline/legal-pot/dotcom-2-0-marijuana-commerce-blossoms-challenges-abound-n414036


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