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National Cannabis Industry Association Reacts To Favorable Senate Marijuana Banking Vote

Category: News | Posted on Sat, July, 25th 2015 by THCFinder

national cannabis industry association ncia arizonaA U.S. Senate committee voted today in support of opening up banking services to state-legal marijuana businesses. By a vote of 16-14, the Senate Appropriations Committee passed an amendment to the Financial Services and General Government Appropriations bill, forbidding the use of federal funds to penalize financial institutions that serve marijuana businesses operating legally under state law. The amendment was offered by Sen. Jeff Merkley (D-OR).

A similar amendment was passed by the full House of Representatives in 2014, but was ultimately stripped out during the final omnibus budget negotiations conducted by the Senate. The House has not yet debated the Financial Services Appropriations bill in 2015, but a repeat of the cannabis banking amendment is anticipated if and when that debate takes place.

“It’s encouraging to see members of the Senate stepping up and joining the House to address the banking crisis facing our industry,” said National Cannabis Industry Association executive director Aaron Smith. “Access to basic banking services is one of the most critical challenges facing legal cannabis businesses and the state agencies tasked with regulating them.”

“Bipartisan coalitions in both chambers are supporting these reforms. It’s time to make them the law of the land.”

Source:http://www.theweedblog.com/national-cannabis-industry-association-reacts-to-favorable-senate-marijuana-banking-vote/


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New York Attorney Offering Litigious Revenge for Losers of State’s Medical Marijuana Lottery

Category: News | Posted on Sat, July, 25th 2015 by THCFinder

In anticipation of the seething aftermath that is likely to follow the New York State Department of Health’s selection of only five companies to cultivate and supply the entire state with medical marijuana, one Long Island lawyer says he is prepared to step into the ring on behalf of those businesses that get rejected. 

When the state announces the winners of the medical marijuana licenses later this month, attorney David Marquez believes there will be “38 pissed off companies” ready to duke it out with an establishment that cost them millions of dollars and then left them with nothing to show for it. Earlier this week, Marquez told the Village Voice to spread the word to the losing members of the NY cannabis community: “If you believe you’ve been discriminated against in the licensing process, come see us.” 

Indeed, a vicious backlash of angry applicants is possibly only days away from erupting across the state, a swelling of corporate tempers that will undoubtedly result in litigious revenge. All of the companies interested in producing and selling medical marijuana in the state have been forced to open their checkbooks to the tune of obscenity in terms of the amount of cash they have been required to put up, simply for an opportunity to play the game.

Read More:http://www.hightimes.com/read/new-york-attorney-offering-litigious-revenge-losers-state%E2%80%99s-medical-marijuana-lottery


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What strain are you smoking on today?

Category: Concentrates | Posted on Fri, July, 24th 2015 by THCFinder


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Bay Area Pot Company Sends Doctor To Your House

Category: Medical Marijuana | Posted on Fri, July, 24th 2015 by THCFinder

A Bay Area medical marijuana company is hoping to turn the industry on its head, by sending the doctor and the pot right to your doorstep.

"Meadow is medical marijuana on demand," said David Hua. His website, GetMeadow.com, is a one-stop shop for legal cannabis.

In 1996, California voters passed Proposition 215, making the Golden State the first to allow medical use of marijuana. Since then, 22 more states, the District of Columbia and Guam have passed similar laws.

In August of 2013, the federal government relaxed drug enforcement in states where marijuana is regulated. The move opened the door for businesses like Meadow to operate legally.

Meadow's newest program is called Cannabis MD. They send a medical doctor to your door to talk about cannabis.

"Typically, I'll come in, introduce myself to the patient, we'll sit down and I'll talk to them quite a bit about what they are looking for relief from," said Dr. Dan Price.

Read More:http://abc7news.com/health/bay-area-pot-company-sends-doctor-to-your-house/876999/


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