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Denver City Council discusses marijuana sales tax

Category: News | Posted on Wed, August, 28th 2013 by THCFinder
mj-sales-taxDENVER - On the Denver City Council's agenda on Monday was a special retail marijuana sales tax discussion.
 
The potential tax will be subject to the approval of the voters at a special municipal election to be held in conjunction with the state odd-year election on Nov. 5.
 
The sales tax would be at an initial rate of 5 percent and allows the City Council to move the rate anywhere between 3.5 percent and 15 percent without further voter approval.
 
This sales tax would be on top of the already approved state tax on marijuana.
 
The bill must pass no later than Monday in order to meet the deadlines for the November ballot.
 

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Fire OG nugs

Category: Nugs | Posted on Wed, August, 28th 2013 by THCFinder

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George Takei Praises Marijuana Smoking Justin Trudeau

Category: Celebrities | Posted on Wed, August, 28th 2013 by THCFinder
george-takei-mjThe Morning Show discusses if Justin Trudeau’s admission that he consumed marijuana will win or lose him support in the video below. Obviously, if you are reading this blog you are probably like me and think that it should gain him support. After all, poll after poll shows that more people support cannabis reform than oppose it now, and that number should continue to grow as time goes by. If you are not familiar with Justin Trudeau, below is a brief excerpt from his website, followed by the video previously mentioned.
 
“Justin was first elected to Parliament in the Montreal riding of Papineau in 2008, defying political insiders who believed that a federalist candidate would have little chance against an incumbent member of the Bloc Québécois. In the past five years, he has worked tirelessly to represent an electoral district where close to 50 percent of voters’ mother tongue is neither French nor English. For Justin, the people of Papineau exemplify Canada’s rich diversity, evolving identity, and the struggle for equality of opportunity. He has served the hard working middle-class families and small businesses of his constituency, who, in recent years have faced economic challenges. He has worked alongside local community organisations by bringing together different cultures and religions, and establishing local initiatives on social issues, the environment, and the arts.”
 

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Argentinian dealers arrested for using pigeons to distribute marijuana

Category: News | Posted on Wed, August, 28th 2013 by THCFinder
drug-dealing-pigeonsBird-brained drug dealers in Argentina have been busted using carrier pigeons to get their customers high.
 
A trio of dope sellers in the Lomas de Zamora district of Buenos Aires allegedly tied up to 13 grams of pot around their winged messengers' necks to make around 20 deliveries a day.
 
Cops rumbled the small-time ring's ruse after stumbling across a lost white dove carrying a small package packed with illegal substances.
 
"It was released and we were able to follow it," a police spokesman told ABC. "Then it was a question of waiting and following again."
 
The three men, who trained the birds to fly the marijuana from their makeshift farm to the distributors' depot, were arrested.
 
Cops said that the distance between the two buildings was short, so the birds could transport "substantial amounts" every day.
 
"We talked to pigeon trainers and they told us that these pigeons were capable of making up to 20 trips per day," police chief Nesto Larrauri said.
 
"With pigeons they could ship their drugs without taking any risks," he added.
 

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OG Kush Cannabis

Category: Nugs | Posted on Tue, August, 27th 2013 by THCFinder

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Marijuana Investment Scams Growing Like Weeds?

Category: News | Posted on Tue, August, 27th 2013 by THCFinder
mj-investment-scamsWall Street’s industry-funded watchdog, FINRA (Financial Industry Regulatory Authority) warns against investment scams growing like weeds targeted for investors attempting to tap the growing marijuana industry in the US.
 
If you talk to anyone in the growing and selling medical marijuana, you will hear a lot of talk about risks, and security systems are expensive. It’s difficult to find a bank or insurance, but laws changed at the whim of regulators and legislators.  And, because it still remains illegal, federal agents could shut down the operation and put the owners to jail.
 
Seattle-based Privateer Holdings is the first company to invest openly and raise $7 million from investors in the medical marijuana industry. Nearly 20 states have legalized the use of recreational marijuana for medical use. FINRA said, scammers are misleading investors by boosting thinly traded stocks and sell it to executives with criminal records.
 
As more states in the US are clearing the way to legalize the use of medical marijuana, the industry could reach up to $9 billion in five years. Marijuana is safe, far less addictive and subject to abuse compare to many drugs used as hypnotics, relaxants, and analgesics, which is one of its greatest advantage. Because of its little effect on major physiological functions, case of lethal overdose was known.
 
According to The Wall Street Journal Market Watch: The chief legitimate concern is the effect of smoking on the lungs. Cannabis smoke carries more tars and other particulate matter than tobacco smoke. But the amount smoked is much less, especially in medical use, and once marijuana is an openly recognized medicine, solutions may be found such as vaporization, tinctures, extracts and oils. At present, the greatest danger in medical use of marijuana is its illegality, which imposes much anxiety and expense on suffering people, forces them to bargain with illicit drug dealers, and exposes them to the threat of criminal prosecution.
 
Majority of these marijuana-related companies trades on over-the counter-markets that do not have the reporting requirements and liquidity of Nasdaq and the New York Stock Exchange.
 

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