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What strain are you smoking on today?

Category: Tokers | Posted on Mon, December, 28th 2015 by THCFinder


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Michigan Legislature Gags Local Officials On Ballot Proposals

Category: Medical Marijuana | Posted on Mon, December, 28th 2015 by THCFinder

michigan marijuanaKathleen Gray of the Detroit Free Press has uncovered a potentially earth-shattering story from the Michigan legislature.  Lawmakers have passed a measure that bans using public funds or resources to educate the public on any proposal appearing on a ballot within 60 days of the election; SB 0571 was approved by both the House and Senate in some late-night legislative wrangling before lawmakers skipped out of town for Christmas break. It was presented to the Governor for his signature at 10:52 on December 28.

This story of ambush is all-too-familiar to Michigan’s civil rights organizations: This was ”the final bill passed before the legislature adjourned… started out as a fairly innocuous campaign finance bill… was totally changed at the last minute in the House…that provision was added without any public hearings or notice to the parties that will be most affected… the revamped bill grew from 25 to 53 pages during the late-night session… Democrats objected to the bill, primarily because it wasn’t shared with them until moments before a vote was taken…  the bill passed, mostly along party lines…”

The exact language of the Bill reads:

Sec. 57 (3) EXCEPT FOR AN ELECTION OFFICIAL IN THE PERFORMANCE OF HIS OR HER DUTIES UNDER THE MICHIGAN ELECTION LAW, 1954 PA 116, MCL 168.1 TO 168.992, A PUBLIC BODY, OR A PERSON ACTING FOR A PUBLIC BODY, SHALL NOT, DURING THE PERIOD 60 DAYS BEFORE AN ELECTION IN WHICH A LOCAL BALLOT QUESTION APPEARS ON A BALLOT, USE PUBLIC FUNDS OR RESOURCES FOR A COMMUNICATION BY MEANS OF RADIO, TELEVISION, MASS MAILING, OR PRERECORDED TELEPHONE MESSAGE IF THAT COMMUNICATION REFERENCES A LOCAL BALLOT QUESTION AND IS TARGETED TO THE RELEVANT ELECTORATE WHERE THE LOCAL BALLOT QUESTION APPEARS ON THE BALLOT.

Read More:http://www.theweedblog.com/michigan-legislature-gags-local-officials-on-ballot-proposals/


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Workaholics - Whose Weed is That

Category: Videos | Posted on Mon, December, 28th 2015 by THCFinder


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Judge Calls Last Year’s Federal Marijuana Banking Guidance Memo A ‘Nothingburger’

Category: News | Posted on Mon, December, 28th 2015 by THCFinder

banking marijuana industry bankMarijuana businesses are largely boxed out of the banking industry. Most banks will not work with marijuana businesses because marijuana is illegal federally. Last year the United States Treasury Department issued ‘guidance’ on the issue in an attempt to help banks navigate through the rules. That ‘guidance’ proved to just create more confusion and chaos. The marijuana industry is massive, and growing constantly, yet it’s an all-cash industry right now (except for the lucky few that have bank accounts, which could get shutdown at any time).

There needs to be a place that businesses can safely deposit their money and experience the benefits of a regulated banking system that all other state-legal industries experience. Today a credit union (Fourth Corner Credit Union) argued before a federal judge about how the credit union was chartered by the State of Colorado, but that the U.S. Federal Reserve Bank of Kansas City has blocked the credit union’s access to the nation’s banking system, effectively preventing the credit union from working with the marijuana industry. The judge had mixed reactions, in that while the judge sympathizes with the credit union and marijuana industry, the judge isn’t inclined to force the federal banking system to allow access to the credit union. Per the Associated Press:

U.S. District Judge R. Brooke Jackson repeatedly said he sympathizes with the struggling pot businesses. Jackson twice called existing federal guidance on marijuana money a “nothingburger,” meaning that memos from the Treasury and Department of Justice don’t solve the federal-state conflicts caused by legalizing pot.

Read More:http://www.theweedblog.com/judge-calls-last-years-federal-marijuana-banking-guidance-memo-a-nothingburger/


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