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Washington State Senate Votes To Eliminate Marijuana Excise Taxes

Category: News | Posted on Sun, April, 5th 2015 by THCFinder
 
marijuana taxes tax

(via dailyfinance.com)

I have long said that if the black market for marijuana is going to be eliminated, legal marijuana prices have to be lower, or at least close to lower, than prices on the black market. I’m all for paying a bit more at a store, but when someone can get marijuana on the black market for 5 dollars a gram, and it costs 19 dollars a gram at a store, that’s not going to work. That is the case in Washington State, where the tax structure for marijuana is hurting the industry quite a bit. This week the Washington Senate voted to make big changes to the tax structure for marijuana. PerMarijuana Business Daily:

There may be a glimmer of hope for what is widely considered an untenable tax structure in Washington State.

The Washington State Senate passed a bill removing the excise tax on recreational marijuana sales by producers and processors, and will tax only retail sales.

As it stands, a 25% excise tax at three transfer points: when producers sell to processors, when processors sell to retailers, and when retailers sell to end consumers. Business owners in the industry say that tax structure inhibits their ability to do business and drives up prices.

The new bill proposes a one-time tax of 37% on retail sales.

I still think a 37% tax is too high, but that’s less than half of what it is now (25% times 3). I would like to see Washington move to a tax structure like what Oregon is going to have, which should be a flat rate of $35 per ounce. That of course is assuming the Oregon Legislature respects the will of the voters. If that proves to be the case, Oregon would have the lowest marijuana taxes in the country, and would be bordered by Washington which would have the highest.

Source:http://www.theweedblog.com/washington-state-senate-votes-to-eliminate-marijuana-excise-taxes/


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State rep announces bill to legalize marijuana at Hash Bash

Category: Legalization | Posted on Sun, April, 5th 2015 by THCFinder

Dozens of activists -- including comedian Tommy Chong, Lansing Mayor Virg Bernero and State Representative Jeff Irwin (D-Ann Arbor) -- spoke out about the various merits of marijuana at the 44th Annual Hash Bash in Ann Arbor Saturday.

Jim Powers told the large, smoky crowd gathered at the University of Michigan's Diag how cannabis oil has helped heal his 6-year-old son, Ryan, who was an autoimmune disease.

But Powers is not happy about the hazy implementation of the medical marijuana law.

"The state of Michigan has failed my family," he added.

The crowd heard other personal stories from folks like 18-year-old Alyssa Erwin, who says cannabis oil has rid her body of cancer not once, but twice.

She was diagnosed with brain cancer at 14. She did chemo, but it made her sick, she said. Then she started taking cannabis oil.

"(It) saved my life," she said. "I told my parents: no more chemo."

Doctors at the University of Michigan Health System eventually pronounced her cancer free.

But then it came back last July worse than before. Erwin got cannabis oil back in her system and now doctors say she's 75 percent cancer-free.

"By law, I'm taking a medicine that is saving my life but is still illegal," she said. "We need these laws to change."

Veteran Dakota Serna said marijuana has helped him recover from the horrors of war.

"I watched some good people die, I saw some bad people die," he said, adding that smoking marijuana has helped bring him back from some dark mental places.

In addition to the personal stories of people helped by pot, politicians and members of various pro-marijuana organizations addressed the crowd.

Irwin said he is drafting a bill to introduce into the state legislature that would legalize marijuana in Michigan much like it has in other states.

"It's going to be Colorado improved in the Great Lakes state," he said.

Bernero said he is in favor of seeing the laws changed.

Read More:http://www.mlive.com/news/ann-arbor/index.ssf/2015/04/hash_bash_speakers_talk_about.html


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Kingdom of the Dabosaurs.

Category: Fun | Posted on Sat, April, 4th 2015 by THCFinder


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Edmond police find 500-plant marijuana grow

Category: News | Posted on Sat, April, 4th 2015 by THCFinder

EDMOND, Okla. —Edmond police say they have located their biggest marijuana grow ever.

“The homeowner called us,” said Jenny Monroe, spokesperson for the Edmond Police Department. “When officers arrived, they saw the back door open and they could see a venting system and all the wiring coming out of the back of the house. They could see some plants and smell a strong chemical odor.”

Inside the home, located in the 1300 block of Jamestown, investigators found roughly 500 pot plants, some as tall as 4 feet.

“The entire home was covered with plants,” said Monroe. “Everywhere except the kitchen.”

The operation was so large, investigators brought in a 22-foot U-Haul truck to clear the home.

According to police, their investigation started a few months ago when a utility company noticed the power had been cut off.

The marijuana growers were siphoning electricity from their neighbors to fuel their illegal activity, police said.

“I saw the guy once,” said neighbor Bill Womble. “He came over once asking if our power was out. That was the only time I saw him.”

Investigators said they’re working on tracking down the people behind the grow operation.

“They were cash-paying renters. The landlord said they never had any issues. This operation was going on in this neighborhood without anyone really being aware of the situation,” said Monroe.

It’s believed the renters may have skipped town.

 

If you have any information, you’re asked to call Edmond police.

Source: http://www.koco.com/news/edmond-police-find-500plant-marijuana-grow/32180138


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