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Nevada Is Estimated To Gain $400 Million In Recreational Marijuana Revenue from Tourism

Category: News | Posted on Wed, July, 20th 2016 by THCFinder

LAS VEGAS, NEVADA—After a successful trip to meet with marijuana industry leaders in Colorado this June, the Nevada Dispensary Association (NDA) feels confident that the lessons learned by officials in Colorado following the state’s legalization of recreational marijuana will be a great benefit to Nevada in the event that Question 2 passes this fall. The common sentiment within the group was that the trip provided eye opening facts to the Nevada delegation, most significantly regarding Nevada’s upcoming undertaking, which has the potential to ultimately yield great benefits to the state’s infrastructure, tourism, education and public health in the future.

While the NDA—along with Nevada elected officials Senator Patricia Farley, Assemblyman Derek Armstrong and Assemblyman Nelson Araujo—brought optimism as well as skepticism to their talks with Colorado officials, the usefulness of the talks with representatives of the Colorado Department of Public Health & Environment, Colorado Division of Revenue and others did much to answer the delegation’s pressing concerns. Foremost of the issues addressed were questions concerning how Colorado taxes marijuana and what the state does with that tax revenue; how the state approaches prevention of teen use; how Colorado handles the issue of DUI when it relates to marijuana use; what public health impact has been observed and how Colorado has sought to address those impacts; and, lastly, how Colorado has implemented state’s medical marijuana program after the legalization of recreational marijuana.

Read More:http://www.theweedblog.com/nevada-is-estimated-to-gain-400-million-in-recreational-marijuana-revenue-from-tourism/


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51- Foot Joint to Make Appearance in Philly For the DNC

Category: News | Posted on Wed, July, 20th 2016 by THCFinder

A 51-foot inflatable  joint, which has previously been seen at marijuana events near the White House and in New York City, is making its way to Philadelphia for the Democratic National Convention next week.

According to the Philly Voice, DCMJ, an organization pushing for marijuana legalization, will lead the event, with volunteers marching the 51-foot joint from City Hall to the Wells Fargo Center on July 25. The joint is set to make it’s return during the Cannabis Pride Parade on July 28.

“The marijuana movement has to bring some levity to the tense times we’re living in,” longtime activist Nikki Allan Poe told the Philly Voice, noting that cannabis issues are at the “forefront of society right now. We wanted to do a protest that’s fun.

Read More:http://hightimes.com/news/politics/51-foot-joint-to-make-appearance-in-philly-for-the-dnc/


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The Power of the Dank Side.

Category: Fun | Posted on Tue, July, 19th 2016 by THCFinder


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Reefer Madness! Medical Marijuana Is Already Saving $165M Per Year For Medicare

Category: Medical Marijuana | Posted on Tue, July, 19th 2016 by THCFinder

This news will give anti-marijuana crusaders fits.

 

A new study in the journalHealth Affairs looked in great detail at prescription drug usage in U.S. states that have legalized medical marijuana. Researchers Ashley Bradford and David Bradford collected Medicare data for the period 2010-2013 to answer two questions: are patients choosing marijuana instead of prescription drugs for conditions that marijuana might treat, and what has been the overall effect on Medicare spending?

 

The bottom line: In 2013 alone, when 17 states had legalized medical marijuana, Medicare saved over $165 million. A simple extrapolation suggests that if all states legalize marijuana, annual savings could be triple that amount, $500 million. (Obviously this extrapolation is over-simplified: It depends on the actual populations of those 17 states, and it only considers Medicare. Commercial healthcare plans may save far more.)

 

Read More:http://www.forbes.com/sites/stevensalzberg/2016/07/18/reefer-madness-medical-marijuana-is-already-saving-165-million-in-medicare-costs/#5358a8f7eb6b


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