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Nevada Marijuana Sales Estimated to Hit $630 Million by 2020

Category: News | Posted on Thu, July, 7th 2016 by THCFinder

Washington – New Frontier, in partnership with Arcview Market Research,  released its 2016 Nevada Legal Cannabis Market State Profile, which shows the potential growth of the adult use market if Nevada voters choose to legalize adult use cannabis in November.  Over the next four years, Arcview Market Research’s official market projection is that annual legal cannabis sales will grow at a compound annual growth rate of 51%; from $121.6 million in 2016 to an estimated $630 million by 2020.

“If Nevada legalizes adult use cannabis, we will witness an unprecedented socio-economic impact in a state already shaped and fueled by tourism and entertainment,” said Giadha DeCarcer, Founder and CEO of New Frontier. “The scale of the impact is expected to be massive – by 2020, adult use markets are projected to add an additional $484.3 million in annual sales, and account for almost three quarters of the total legal cannabis market in Nevada.”

Read More:http://www.theweedblog.com/nevada-marijuana-sales-estimated-to-hit-630-million-by-2020/


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Rio Drug Dealers Selling Marijuana Branded With Olympic Logo

Category: News | Posted on Thu, July, 7th 2016 by THCFinder

With the Olympic Games set to get underway in another month, it seems that drug dealers in Rio de Janerio are working to capitalize on the “Faster – Higher – Stronger” motto by branding packages of marijuana with the logo specially designed for the Rio 2016 event.

According to a report published earlier this week by the AFP, police recently discovered that marijuana is being distributed in some of the most downtrodden areas of the Brazilian state, labeled with the swirling rendition of the Olympics logo that was designed by the game’s organizing committee. 

Law enforcement officers are said to have found a number of packages of the cleverly marketed pot product some time last week in the Nova Holanda district. The force’s leading narcotics agent Felipe Curi told reporters that the herb “had the Olympic Games logo stuck to the packets,” which are believed to be connected to the cartel activity that has ramped up ahead of the games scheduled to begin the first week of August.

Read More:http://www.hightimes.com/read/rio-drug-dealers-selling-marijuana-branded-olympic-logo


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What strain are you smoking on today?

Category: Tokers | Posted on Wed, July, 6th 2016 by THCFinder


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Philippines President Urges Citizens to Kill 'Drug Addicts'

Category: News | Posted on Wed, July, 6th 2016 by THCFinder

Rodrigo Duterte was sworn in as president of the Philippines on June 30, and wasted no time in launching a foul-mouthed tirade threatening to unleash a reign of terror against drug users. After a staid inaugural speech at the presidential palace, he made a visit to a poor district of Manila where he expounded on his real agenda—and even called upon citizens to take the law into their own hands and kill "drug addicts." 

AFP news service noted this line from his profanity-laden harangue before a crowd of some 500: "These sons of whores are destroying our children. I warn you, don't go into that, even if you're a policeman, because I will really kill you. If you know of any addicts, go ahead and kill them yourself as getting their parents to do it would be too painful."

Read More:http://www.hightimes.com/read/philippines-president-urges-citizens-kill-drug-addicts


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