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GOP medical marijuana bill has oils, legal growing

Category: News | Posted on Tue, March, 24th 2015 by THCFinder

Marijuana legally grown, processed and given for treatment at the recommendation of a doctor in Tennessee could become a reality if lawmakers approve a new Republican-led initiative.

The chances of changing current law aren't fantastic: Sen. Steve Dickerson, R-Nashville, put the odds of the General Assembly approving his limited medical marijuana plan this year at "50-50, plus or minus 5 percent." The anesthesiologist argues the science behind the need for medical cannabis oil is more concrete.

"The data is improving every day. I've read 50, 60 papers and abstracts, and it looks like 60 percent plus of those have some sort of beneficial effect," Dickerson said.

Dickerson considers the approach he's taking with Rep. Ryan Williams, R-Cookeville, as targeted. The bill goes further than a cannabis oil bill sponsored by Rep. Jeremy Faison, R-Cosby, but stops short of Nashville Democratic Rep. Sherry Jones' medical marijuana bill.

The proposal would allow a very specific type of medicinal marijuana oil that is low in THC, the psychoactive ingredient that makes marijuana popular for people who want to get high. The oil could be ingested, used through a skin cream or potentially inhaled using a nebulizer, Dickerson said.

A person would have to receive a recommendation from a doctor — it's listed as a Schedule I drug federally, which means it can't be prescribed like other medicine — and take it to a dispensary, which would use oil that comes from plants grown and processed in Tennessee.

Read More: http://www.tennessean.com/story/news/2015/03/23/oils-legal-growing-gop-medical-marijuana-bill/70349950/


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Snoop Dogg Dishes on Getting High with Willie Nelson

Category: Celebrities | Posted on Tue, March, 24th 2015 by THCFinder

AUSTIN, Texas (AP) -- Snoop Dogg has cleaned up his image from gangster rapper to multi-format entertainer, but he's looking to the past in a new series he's developing for HBO.

Snoop announced Friday—when he was giving the keynote address at South by Southwest—that he's working with Allen Hughes on the show about 1980s Los Angeles.

Snoop, a former gangster rapper, was born in Long Beach, California. Hughes' credits include "Dead Presidents," "Menace II Society" and "The Book of Eli."

"HBO is the number one network in the world as far as developing and having these types of shows come to life," he said. "This is a dream come true to be able to tell a story that's going to be told the right way on the right network."

In a wide-ranging interview Friday with his manager Ted Chung in Austin, Texas, 43-year-old Snoop discussed topics from getting high with Willie Nelson to meeting Dr. Dre.

Here's a breakdown:

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BEING BAKED AND EATING FRIED CHICKEN

The chicken was fried, but Snoop and Willie Nelson were baked.

Snoop and Nelson collaborated on the song "My Medicine" and he said "it was love at first sight."

"We went in the green room, had a conversation and from there the conversation sparked up the idea of—yeah sparked up the idea of—me and Willie wanting to collaborate," he said as the audience at the Austin Convention Center burst into laughter.

Read More: http://www.hightimes.com/read/snoop-dogg-dishes-getting-high-willie-nelson


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Dab Life

Category: Concentrates | Posted on Mon, March, 23rd 2015 by THCFinder


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IRS Will Refund Fines To Denver Medical Marijuana Dispensary

Category: News | Posted on Mon, March, 23rd 2015 by THCFinder
 

irs marijuanaThe IRS has a provision that penalizes companies that pay employee withholdings in cash. An employee withholding has to be paid electronically, otherwise a 10% penalty is applied. That puts marijuana businesses in a very bad situation, as most banks will not work with marijuana businesses. This situation almost automatically results in a penalty for most marijuana businesses, which is obviously unfair. A medical marijuana dispensary in Denver challenged the provision, and the IRS has agreed to refund the $25,000 in penalties that the business had received. Per The Cannabist:

The Internal Revenue Service has backed away from a policy that penalized an unbanked marijuana business in Denver for paying taxes in cash, but the federal agency will not say if the approach applies industry-wide.

In a settlement with Denver-based Allgreens, a medical-marijuana dispensary that challenged the agency over its policy, the IRS said it would abate future penalties and will refund about $25,000 of fines the business was forced to pay despite having paid its federal employment withholding on time.

This is either going to be a very significant change in direction by the IRS, or it could just be an isolated case, no one knows for sure at this time. However, if the IRS doesn’t apply the rules to everyone equally, it could lead to equal protection lawsuits. Marijuana businesses have it hard enough with 280e issues, banking problems, and constant attacks from politicians. Penalizing them even further because they pay their tax bills in cash is ridiculous. Yet somehow the industry continues to succeed. Imagine what will happen if/when the industry gets to operate on an even playing field with other industries.

Source:http://www.theweedblog.com/irs-will-refund-fines-to-denver-medical-marijuana-dispensary/


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