Search:
Login:
OR

Marijuana Blog

Over $1.2 Million In Recreational Marijuana Sold Daily In Washington State

Category: News | Posted on Tue, June, 2nd 2015 by THCFinder

washington legal marijuana salesLegal recreational marijuana sales started in Washington in July 2014. The start of legal recreational marijuana sales was slow, with only a handful of stores opening. There are still less than half of the recreational marijuana stores open that were expected to, but the sales numbers keep climbing. According to the latest numbers out of Washington, Washington’s legal recreational marijuana industry is sell over one million dollars worth of recreational marijuana everyday. Per The Joint Blog:

There’s over $1 million in recreational cannabis sold each day in Washington State among the 142 outlets that are reporting sales figures, according to the Liquor Control Board (LCB).

According to the LCB (which will be renamed theLiquor and Cannabis Board on July 24th), there are 161 licensed recreational cannabis outlets throughout Washington State, with 142 reporting sales. On average, there is $1,243,926 in recreational cannabis sold each day, which results in roughly $311,000 in daily tax revenue. In total, there has been $205,917,611 in cannabis sold since legal sales began July 1st of 2014. This has resulted in $51,479,403 in taxes for the state.

With only 142 recreational stores open, and over 300 licenses allocated, I’d expect that number to continue to climb in the future. Even if current trends held steady, that would work out to roughly 438 million dollars worth of recreational marijuana sold per year. That’s a huge industry by any measure. One so large that other states should take notice, and try to follow in Washington’s footsteps, albeit with a better version of legalization compared to Washington’s model.

Source:http://www.theweedblog.com/over-1-2-million-in-recreational-marijuana-daily-in-washington-state/


Comments

Texas Governor Will Sign Medical Marijuana Bill

Category: Medical Marijuana | Posted on Tue, June, 2nd 2015 by THCFinder

Despite the restrictive nature of the bill, it appears as though Texas is about to officially legalize medical marijuana. A statement released over the weekend by Governor Greg Abbott indicates that he will sign into law a bill that will allow patients suffering from epilepsy and other chronic conditions to have access to non-intoxicating cannabis oil.

The Texas Tribune reports that Governor Abbott is planning to hold a signing ceremony on Monday for Senate Bill 339, which will legalize the distribution and use of “low-THC” high CBD oil for patients suffering from specific conditions.

The signing of this bill, however, will not be the wherewithal for patients suffering from a variety of ailments across the state, it will merely allow physicians to “prescribe” the herb primarily to epilepsy patients.

Unfortunately, while marijuana advocates are encouraged by the Governor’s decision to sign this bill into law, they claim its passage will do nothing to actually help patients because the language of the bill proves too risky for the healthcare community.

The Marijuana Policy Project’s Heath Fazio told CBS News last month that even if SB 339 becomes law, it would be impossible for patients to get their hands on the medicine because the language requires doctors to “prescribe” rather than offer recommendations. She suggested that no physician in his right mind would dare write a prescription for cannabis oil since federal law prohibits such practices. 

Read More:http://www.hightimes.com/read/texas-governor-will-sign-medical-marijuana-bill


Comments

Pirate Joint.

Category: Fun | Posted on Mon, June, 1st 2015 by THCFinder


Comments

Catapult Wants To Be The Starbucks Of Marijuana-Infused Coffee

Category: News | Posted on Mon, June, 1st 2015 by THCFinder

James Hull recently went back to his roots as a 3rd generation horticulturist after a career in high-tech engineering.  The result? Catapult, a Marijuana-infused coffee which according to Hull makes you feel blissful and energetic at the same time.
 
It seems only natural that Hull runs his company, Fairwinds Mfg., just a few hours south of America’s coffee capital, Seattle.
 
(Catapult coffee from Fairwinds Mfg should not be confused with Fairwinds coffee from The Rogers Family Company which makes traditional coffee in California)
 
Hull got his new business going quickly and funded it himself. The pace was intense, he said. From February of 2014 to February of 2015, Hull and his wife moved into a camper on the facility’s property so he could work day and night with a small group of employees including other horticulturists, chemists and a microbiologist. He dipped into some of his savings and assets to fund the creation of the facility.
 
Now growing and processing marijuana, Hull has released his inner-geek to employ all the latest technology.  The air in Fairwinds’ grow facility is filtered six times per hour through a bank of Hepa filters, computers control fertilizer injection for the plants as well as environmental aspects of the grow rooms like humidity, temperature, air flow, light and CO2 supplementation to maximize the plants’ yield.  It’s a far cry from his family’s flower shop where he spent his teenage summers. The mechanized operation means he needs just 10 employees to help him run the company.
 

Comments


Search








Blog Categories

Popular Articles

Latest Offers In Your Area
Recent Blog Posts
Download Our App!
4.4 Miles Away | Los Angeles,
13.4 Miles Away | Los Angeles ,
15.4 Miles Away | Anaheim,
August 27, 2015 | Category: Fun
August 27, 2015 | Category: Medical Marijuana
August 27, 2015 | Category: Nugs
Mobile Apps
Copyright 2015 THCFinder.com
All Rights Reserved.
Dispensaries      Strains      About Us      Friends      API / Widgets      Privacy Policy      Terms of Use      Investors      Contact Us