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Dozens Arrested in Denver-Area Pot Raids Targeting Exporters

Category: News | Posted on Sat, April, 16th 2016 by THCFinder

DENVER (AP) -- Police and federal agents arrested more than 40 people and seized piles of pot plants and elaborate growing equipment Thursday during raids of homes and warehouses throughout the Denver area, part of a multi-state investigation into the illegal distribution of marijuana outside Colorado.

Authorities described the case as the latest example of drug traffickers seeking safe haven in the state's flourishing marijuana industry in order to ship the drug out of state, where it can sell for more than double what it would in Colorado. Several raids in recent weeks have taken aim at out-of-state drug rings, including a sweep last month that focused on unlicensed pot grows of varying sizes.

Read More:http://www.hightimes.com/read/dozens-arrested-denver-area-pot-raids-targeting-exporters


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The government spent $18 million destroying marijuana plants last year

Category: News | Posted on Fri, April, 15th 2016 by THCFinder

The Drug Enforcement Administration's controversial cannabis eradication program continued apace in 2015, new numbers released by the administration show. In 2015, local, state and federal authorities uprooted roughly 4.1 million cultivated marijuana plants in all 50 states, down slightly from the haul of 4.3 million plants in 2014.

Federal spending on the program remained at $18 million dollars, consistent with levels seen in previous years. That works out to a cost-per-plant of $4.42, up slightly from a cost of $4.20 per plant in 2014 (yes, really). 

Read More:https://www.washingtonpost.com/news/wonk/wp/2016/04/15/the-government-spent-18-million-destroying-marijuana-plants-last-year/


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Massachusetts Poll: 57 Percent Support For Legalizing Marijuana For Adults

Category: News | Posted on Fri, April, 15th 2016 by THCFinder

Massachusetts has been in the news a lot lately for marijuana policy. There is a campaign working very hard in Massachusetts to legalize recreational marijuana for adults. Opponents have been very vocal, especially lately, in their opposition to the campaign. If Massachusetts legalized in 2016, it would become a hotbed for cannabis because of where it is geographically located. A poll was released yesterday which found very strong support for such a public policy change. Per MassLive:

Massachusetts voters today strongly support a 2016 ballot question to legalize recreational marijuana, according to a poll released Thursday by the Western New England University Polling Institute.

On the marijuana question, the poll found that 57 percent of respondents favor legalizing recreational marijuana for adults, with just 35 percent opposed and 7 percent undecided.

Democratic and independent voters support legalizing marijuana by large margins, while Republicans oppose it. More men than woman support legalization, and the strongest support for legalization comes from young voters. Among voters age 18 to 39, 74 percent back legalizing marijuana. Geographically, support for marijuana legalization was strongest in Western Massachusetts and Greater Boston, which are also regions that are heavily Democratic.

Read More:http://www.theweedblog.com/massachusetts-poll-57-percent-support-for-legalizing-marijuana-for-adults/


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Marijuana company wants naming rights to Denver Broncos stadium

Category: News | Posted on Wed, April, 13th 2016 by THCFinder

The Denver Broncos could be looking for a new sponsor name for its home stadium in the future.

One potential sponsor is Native Roots, a marijuana dispensary company.

The current name of the Broncos' stadium is Sports Authority Field at Mile High. However, Sports Authority has filed for bankruptcy and may not be able to afford the $6 million annual payment to the Broncos.

Native Roots is one of Colorado's largest marijuana dispensaries, having expanded from one company to 14 outlets during the past year. A co-founder of the company said it is fully ready to make a multi-million dollar commitment if the contract between Sports Authority Field at Mile High and Sports Authority ends. 

Read More:http://www.oregonlive.com/nfl/index.ssf/2016/04/marijuana_company_wants_naming.html


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Rhode Island Finally Gets a Hearing for Recreational Marijuana Bill

Category: News | Posted on Wed, April, 13th 2016 by THCFinder

Marijuana advocates have been eyeballing Rhode Island for the past couple of years as being a prime candidate to become one of the first states to end prohibition by way of the state legislature, but so far lawmakers have missed every opportunity to bring this progressive ideal to fruition.

However, despite House speaker Nicholas Mattiello’s indecision over the issue and his suggestion that Rhode Island should wait to see what happens in Massachusetts before taking any action, a key House committee is scheduled to hold a hearing on Tuesday that could finally give way to marijuana being taxed and regulated throughout the state in a manner similar to alcohol. 

Read More:http://www.hightimes.com/read/rhode-island-finally-gets-hearing-recreational-marijuana-bill


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In California, Marijuana Is Smelling More Like Big Business

Category: News | Posted on Tue, April, 12th 2016 by THCFinder

ADELANTO, Calif. — After decades of thriving in legally hazy backyards and basements, California’s most notorious crop, marijuana, is emerging from the underground into a decidedly capitalist era.

Under a new state law, marijuana businesses will be allowed to turn a profit — which has been forbidden since 1996, when California became the first state to legalize medical cannabis — and limits on the number of plants farmers can grow will be eliminated.

The opening of the marijuana industry here to corporate dollars has caused a mad scramble, with out-of-state investors, cannabis retailers and financially struggling municipalities all racing to grab a piece of what is effectively a new industry in California: legalized, large-scale marijuana farming. 

Read More:http://www.nytimes.com/2016/04/12/us/in-california-marijuana-is-smelling-more-like-big-business.html?_r=0


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