Marijuana tourists sparking up in Colorado's ski towns
Category: Culture | Posted on Thu, July, 10th 2014 by THCFinder
DENVER — Tourists are buying up to 90% of the recreational pot sold in some Colorado ski towns, according to a new state analysis that says those visitors are pouring tens of millions of dollars into a marijuana economy that's far larger than first predicted.
The study prepared for state marijuana regulators says about 9% of Colorado residents are using marijuana at least once a month, and that previous estimates dramatically under counted the amount of marijuana consumed by heavy users. The study, released Wednesday, says 22% of users consume about 70% of the pot sold in Colorado, defining a heavy user as someone consuming a gram or more a day at least 21 days monthly.
The study also says Colorado residents will consume about 121.4 metric tons annually, while tourists will buy nearly 9 metric tons. A study by state tax officials earlier this year estimated the market at just 92 metric tons, and a separate study released last year estimated the market at 64 metric tons.
A metric ton contains 1 million grams, and the average joint contains about half a gram, according to the study. A significant amount of marijuana in Colorado is being sold as either pot-infused foods or hash oil, which contain concentrated THC.
"This analysis suggests that the Colorado marijuana market is larger than previously thought," the study says. "When combined, total resident and visitor demand is estimated to be approximately ... 130.3 metric tons in 2014. This is a substantially higher value than reported in previous estimates."
Colorado has collected $34.8 million in marijuana taxes and fees this fiscal year.
The study notes that recreational and medical marijuana stores will likely sell only about 77 metric tons of pot this year, with the rest sold on the black or gray markets. Only a small amount is actually grown by people for their own use, the study said.
What remains uncertain, the study said, is how the medical and recreational markets will mature over time. Taxes on medical marijuana are significantly lower than for recreational pot, and Colorado residents can get on the state's "red card" registry for just $15. Tourists can't get those red cards, however. The study's authors noted that red card holders haven't been switching to recreational marijuana because the taxes are so much higher.
"The potential demand for marijuana by out-of-state visitors could represent a significant portion of total retail demand. While many Colorado residents have medical marijuana cards allowing them to purchase at a lower tax rate and at a greater number of locations, out-of-state visitors must purchase from retail marijuana vendors exclusively," the study said. "Preliminary revenue and sales data from the Department of Revenue indicate that for some counties about 90 percent of all retail sales are likely to be from out-of-state visitors."
Read more: http://www.usatoday.com
Sharks Breath - Hybrid
Category: Nugs | Posted on Wed, July, 9th 2014 by THCFinder
Sharksbreath (Great White Shark x Jamaican Lambsbreath)
First day of legal marijuana sales in Washington state
Category: News | Posted on Wed, July, 9th 2014 by THCFinder
SEATTLE (AP) — Surrounded by thousands of packages of marijuana, Seattle's top prosecutor sought some advice: Which one should he buy?
A new day, indeed.
Twenty months after voters legalized recreational cannabis for adults over 21, Washington state's first few licensed pot shops opened for business Tuesday, catering to hundreds of customers who lined up outside, thrilled to be part of the historic moment.
The pot being sold at four stores in Seattle, Bellingham, Prosser and Spokane was regulated, tested for impurities, heavily taxed and in short supply — such short supply that several other shops couldn't open because they had nothing to sell.
Pete Holmes, Seattle's elected city attorney and a main backer of the state's recreational marijuana law, said he wanted to be one of the first customers to demonstrate there are alternatives to the nation's failed drug war.
"This is a tectonic shift in public policy," he said. "You have to honor it. This is real. This is legal. This is a wonderful place to purchase marijuana where it's out of the shadows."
Dressed in a pinstripe suit, Holmes stood inside Seattle's first and, for now, only licensed pot shop, Cannabis City, south of downtown. The shop was sweltering. He fanned himself with a state-produced pamphlet titled "Marijuana Use in Washington State: An Adult Consumer's Guide."
Unsure what to buy, he asked the owner of the company that grew it, Nine Point Growth Industries of Bremerton, who recommended OG's Pearl. The strain tested at 21.5 percent THC, marijuana's main psychoactive compound.
The shop's 26-year-old twin salesmen, Andrew and Adam Powers, explained its benefits to Holmes: mainly, that the taste is not too "skunky" to turn off the occasional user.
Holmes noted it had been quite some time since he smoked pot. He paraphrased a line from the "South Park" cartoon series: "Remember, children, there's a time and place for everything. That place is college."
He spent $80 on 4 grams, including $20.57 in taxes.
Washington is the second state to allow marijuana sales without a doctor's note. Voters in Colorado also legalized pot in 2012, and sales began there Jan. 1.
Read more: http://www.oregonlive.com
Where is your favorite summer time spot to spark up?
Category: Tokers | Posted on Wed, July, 9th 2014 by THCFinder
How Much Light Do Outdoor Marijuana Plants Need?
Category: Culture | Posted on Wed, July, 9th 2014 by THCFinder
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