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Marijuana Blog

Hawaiian Dream Trichomes

Category: Nugs | Posted on Tue, May, 14th 2013 by THCFinder

Hawaiian Dream - Hybrid

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Green Queen Cannabis

Category: Nugs | Posted on Tue, May, 14th 2013 by THCFinder

Green Queen - Hybrid

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Marijuana Shop Owners Paying Taxes In Cash Because Banks Can't Take Their Money

Category: News | Posted on Tue, May, 14th 2013 by THCFinder

Marijuana may be legal and taxed in Colorado, but the federal government still considers anyone who sells it to be a drug dealer and won’t allow banks to offer accounts to these businesses. So how is a legal businessman supposed to pay those sales tax to the state?

One shop owner tells Bloomberg he’s got to carry a bag holding thousands of dollars in cash to the state’s revenue department in order to remit sales tax payments.

“It highlights the awkward situation we’ve been placed in,” he explains. “We are paying taxes, but despite our best efforts to be good citizens, we’re still paying in cash.”

Since the business can’t open a bank account, it has to operate on a purely cash basis, making it a target for robbery — and just a huge pain in the butt for people keeping the books.

Making matters more complicated, some state and local agencies won’t accept cash payments for required taxes and licensing fees.

Happy Cannabis day

Category: Fun | Posted on Tue, May, 14th 2013 by THCFinder

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Vermont moves toward decriminalizing small amounts of marijuana

Category: News | Posted on Tue, May, 14th 2013 by THCFinder

(Reuters) - Vermont's legislature on Monday approved a bill that would decriminalize the possession of small amounts of marijuana, a measure the state's governor expects to sign into law in the coming weeks.

The move sets up the New England state to be the 17th in the United States to remove criminal penalties for having small amounts of pot. It does not go as far as Colorado and Washington, which in November became the first states to legalize possession, cultivation and use of marijuana by adults for recreational use.

Vermont's House of Representatives on Monday gave final approval to a proposal to remove criminal penalties for adult possession of up to one ounce (28.3 grams) of marijuana and instead penalize with a civil fine, similar to a traffic ticket. Persons under age 21 caught with pot would be required to undergo substance abuse screening.

The House's action upheld changes to the bill last week by Vermont's Senate, including a provision that decriminalized possession of up to five grams of hashish, a potent pot derivative.