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Marijuana startups could be decimated once legalization hits

Category: News | Posted on Tue, August, 30th 2016 by THCFinder

Last week, I got legal pot delivered to my Bay Area doorstep faster than most Postmates orders.

I picked out a new cartridge for my vape pen from Eaze, a medicinal marijuana delivery startup that's been dubbed the "Uber of weed," and fewer than 20 minutes later, a courier pulled up outside my apartment and handed me a white linen bag that hid my purchase.

A new "Uber of weed" or "Yelp of marijuana" crops up on the legal pot landscape every other week. There's a Birchbox-like service for "every kind of stoner." Users find love on High There, the "Tinder for weed smokers."

Read More:http://www.businessinsider.com/marijuana-startups-gateway-2016-8


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Police Sergeant Who Filmed Himself Taking Pot Is Released

Category: News | Posted on Tue, August, 30th 2016 by THCFinder

GRANTS, N.M. (AP) — A New Mexico police sergeant accused of unwittingly recording himself on a lapel camera taking marijuana from his office and giving it to his girlfriend has been released from jail.

KOB-TV in Albuquerque reported Saturday that Grants police Sgt. Roshern McKinney is out of jail.

It wasn’t immediately known Sunday under what conditions he was released.

State police say McKinney was arrested Wednesday. An investigation was requested in July after the video recording was found.

Read More:http://hightimes.com/news/police-sergeant-who-filmed-himself-taking-pot-is-released/


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The Marijuana Industry Pulls Victory From the Jaws of a DEA Defeat

Category: News | Posted on Mon, August, 29th 2016 by THCFinder

August began with plenty of promise for the marijuana industry, but those high hopes went up in smoke on Aug. 11, when the U.S. Drug Enforcement Agency released its long-awaited decision on whether it would reclassify marijuana.

The DEA denies the marijuana industry a victory

For months, the marijuana industry, cannabis supporters, and medical patients had hoped that the U.S. regulatory agency, with the recommendation of the Department of Health and Human Services, would reschedule marijuana from its current status of Schedule 1 -- which deems it an illicit drug with no accepted medical use -- to Schedule 2. This would have recognized that cannabis has an accepted medical benefit, and it would have allowed physicians around the country to prescribe medical marijuana to patients with very specific ailments.

However, the decision by the DEA denied the two petitions seeking to reschedule the still-illicit drug. The DEA leaned on three points in its explanation of the decision.

Read More:http://www.fool.com/investing/2016/08/28/the-marijuana-industry-pulls-victory-from-the-jaws.aspx


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California’s Prop 64 Underscores Absurdity of Holding Pot Prisoners in States Where It’s Legal

Category: News | Posted on Sun, August, 28th 2016 by THCFinder

Now that over half the country has voted to legalize medical marijuana and another half-dozen could do the same this coming November, isn’t it time to start discussing why non-violent marijuana busts still account for over half of all drug arrests in the United States?

Of the 8.2 million marijuana arrests made between 2001 and 2010, 88 percent were for simply possessing pot, according to the ACLU, and not large amounts. Those figures haven’t changed much in the past decade.

It begs the question: why are nonviolent pot offenders still behind bars in the four states where recreational weed is totally legal?

We all know the answer—the failed War on Drugs.

Read More:http://hightimes.com/news/californias-prop-64-underscores-absurdity-of-holding-pot-prisoners-in-states-where-its-legal/


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Nevada Attorney General Opposes Marijuana, Cites Child Safety Concerns

Category: News | Posted on Sat, August, 27th 2016 by THCFinder

Nevada Attorney General Adam Laxalt has come out against a ballot measure set to go before the voting public in the upcoming November election that aims to legalize a taxed and regulated cannabis industry similar to the one currently underway in Colorado.

It was during a recent press conference that Laxalt, standing alongside the Nevada Sheriffs’ and Chiefs’ Association, took a stand against the concept of bringing a legal cannabis trade to Nevada, regurgitating the same played out propaganda that all of marijuana’s opposing forces across the nation choose to cite when speaking to the public about the so-called “dangers” of legalization: It will be a detriment to the children, lead to increased rates of addiction, and motor vehicle impairment along Nevada’s scenic roadways.

Read More:http://hightimes.com/news/politics/nevada-attorney-general-opposes-marijuana-cites-child-safety-concerns/


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WeedTraQR Seed-to-Sale Software Certified For Use In Oregon

Category: News | Posted on Fri, August, 26th 2016 by THCFinder

SEATTLE, WA  - The Oregon Liquor Control Commission (OLCC) has approved WeedTraQR, industry-leading cannabis seed-to-sale tracking software, as a validated software provider for Oregon’s recreational marijuana program. The Seattle-based company has developed a platform that is compatible for integration with Oregon’s Cannabis Tracking System (CTS) to meet the inventory traceability needs of the state’s producer, processor, wholesaler, and research licensees. Operational for over two years in Washington with a rapidly expanding roster of clients, WeedTraQR lends proven expertise and hard-earned credibility to Oregon’s fledgling program.

WeedTraQR’s software will allow recreational cannabis producers, processors, and wholesalers to electronically transmit complete and accurate inventory and sales data into the state’s mandatory CTS, saving time and reducing the risk of error. All OLCC recreational marijuana licensees must participate in Oregon’s CTS; they can choose an approved third-party provider to integrate company sales and inventory data with the state’s system. One of only four providers validated for use by producers and processors, WeedTraQR pragmatically solves the inventory-tracking requirement in this early industry stage, turning traceability from burden to competitive advantage by supplying clients with data analytics and other operational resources. WeedTraQR also becomes the first ‘meta’ traceability software, reporting to the CTS in both Washington (BioTrackTHC) and Oregon (Metrc), making it an appealing option for companies with national aspirations and for those who currently license products in multiple states and want a consistent interface for all facilities.

Read More:http://www.theweedblog.com/weedtraqr-seed-to-sale-software-certified-for-use-in-oregon/


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