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Houston’s District Attorney Defends Move to Decriminalize Marijuana

Category: News | Posted on Sun, April, 23rd 2017 by THCFinder

While Attorney General Jeff Sessions pushes his tough-on-weed agenda, one Texas District Attorney is sticking to her decision to decriminalize small amounts of pot.

Kim Ogg, Houston’s first Democratic DA in nearly four decades, lost no time in declaring that she was not interested in locking up people for small amounts of pot.

While federal criminal justice reform has lagged on a national level for years, many local, recently elected officials are stepping up to the plate.

Kim Ogg is one of them.

In a politically conservative state like Texas, Ogg is in a constant showdown with Republican, mostly male, leaders who don’t like what she stands for nor where she stands for it: Houston, the lone state’s largest city.

Read More:http://hightimes.com/news/houstons-district-attorney-defends-move-to-decriminalize-marijuana/


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Expanded Medical Marijuana Proposal Passes by a Landslide in Iowa Senate

Category: Medical Marijuana | Posted on Sun, April, 23rd 2017 by THCFinder

On Monday, the Iowa State Senate passed an expanded medical marijuana proposal by a landslide.  The vote was 45 “yes” to 5 “no”. This expansion would allow making and dispensing cannabis products in Iowa legal, as well as for adults to legally possess and use cannabis under a doctor’s care to treat an variety of medical conditions.  The proposal is entitled “The Compassionate Use of Cannabis Act,” and, if it passes through the rest of the State’s Congress, would become a new law that would replace Iowa’s existing but limited cannabis oil statute.

This expansion could have great potential for cannabis policy reform overall, with Iowa being right in the middle of America’s heartland.

According to a local news outlet in Cedar Rapids, Iowa called The Gazette, this proposal lays out an expanded approach to reclassify marijuana and open it as a limited medical alternative under tight regulation and supervision.

Read More:https://www.theweedblog.com/expanded-medical-marijuana-proposal-passes-by-a-landslide-in-iowa-senate/


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Wall Street Predicts Pot Will Hurt Beer Sales

Category: News | Posted on Sun, April, 23rd 2017 by THCFinder

Despite the fact that marijuana remains illegal in the eyes of the United States government, analysts on Wall Street are predicting the cannabis industry could soon put a hefty dent in beer sales.

According to a report from CNBC, New York investment bank Cowen Group recently downgraded its market performance rating for Molson Coors Brewing Co (TAP), a major producer of mainstream beer brands like Coors Light, Fosters and Miller High Life, because it is convinced the company, whose net sales were close to $11 billion in 2016, will suffer some loss in the coming years because more people are interested in weed.

In a letter sent to their clients on Thursday morning, Cowen analyst Vivien Azer wrote: “We believe alcohol could be under pressure for the next decade, based on our data analysis covering 80 years of alcohol and 35 years of cannabis incidence in the US. Since 1980, we have seen 3 distinct substitution cycles between alcohol and cannabis; we are entering another cycle.”

Read More:http://hightimes.com/medicinal/wall-street-predicts-pot-will-hurt-beer-sales/


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What strain are you smoking on today?

Category: Fun | Posted on Sat, April, 22nd 2017 by THCFinder


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