Search:
Login:
OR

News

Who’s Right on Marijuana? Justice Or the IRS?

Category: News | Posted on Mon, July, 20th 2015 by THCFinder

In downtown Washington, D.C., the Department of Justice asserts that marijuana enterprises are free to exist, while immediately across 10th Street, the IRS tells those businesses they are illegal drug-trafficking operations ineligible for the benefits other corporate entities enjoy.

Which is it? Right now, it is both. This dual status presents commercial challenges for marijuana businesses, carrying serious consequences for individuals, patients, investors, law enforcement, courts, accountants and others.

Last week, one challenge—the issue of tax deductions for marijuana enterprises—had its day in court. In Olive v. Commissioner of Internal Revenue [CIR]the U.S. Court of Appeals for the Ninth Circuit reviewed whether a medical marijuana enterprise in California—Vapor Room Herbal Center in San Francisco—could deduct business expenses under U.S. tax law (the Internal Revenue Code).

Read More:http://www.newsweek.com/whos-right-marijuana-justice-or-irs-354975


Comments

East Oregon Cities Banning Commercial Pot Sales

Category: News | Posted on Mon, July, 20th 2015 by THCFinder

Though legalized recreational cannabis has been welcome in western Oregon cities, like Portland, since July 1, more conservative locales in East Oregon are not so enthused about “party pot”. As reported by KTVB-7, cities like Vale, Nyssa and Ontario have either passed or are planning to pass ordinances to prohibit commercial pot sales.

This development is not merely a political move by reactionary legislators. Almost 70 percent of voters in Malheur County voted against Measure 91 in November 2014, which was victorious statewide in legalizing marijuana for adults.  

By virtue of Oregon House Bill 3400, cities located in any county that tallied more than 55 percent of the vote against Measure 91 are permitted to ban recreational pot shops. These measures only prohibit commercial sales of pot within a given city’s limits—possession and use of recreational weed remains completely legal throughout Oregon.

For some cities like Vale, officials claim banning ganja storefronts is also a matter of practical necessity because the lack of available space would render it difficult for a weed retailer to comply with the regulations of Measure 91, such as being situated the mandated distance away from schools and medicinal marijuana dispensaries.

Read More:http://www.hightimes.com/read/east-oregon-cities-banning-commercial-pot-sales


Comments

$60 million of marijuana seized in Erath County

Category: News | Posted on Sun, July, 19th 2015 by THCFinder

ERATH COUNTY — Roughly 10,000 marijuana plants were seized in southern Erath County Friday in what state troopers are calling one of the largest drug busts in recent memory.

Police said the estimated value of the marijuana is in excess of $60 million.

The entire grow operation took place outdoors over several pieces of land south of Stephenville, police said. A photo from the Erath County Sheriff's Office shows some of the plants indoors at an undisclosed evidence storage unit.

At least seven law enforcement agencies assisted in the seizure, which was part of the Domestic Marijuana Eradication program, according to a release from the Erath County Sheriff's Office.

Dub Gillum, a trooper with the Texas Department of Public Safety, said Friday's bust is one of the biggest he's seen in his 25 years of work with the DPS.

Read More:http://www.wfaa.com/story/news/crime/2015/07/17/erath-county-marijuana-seizure/30330521/


Comments

Senators Press Feds For Answers Regarding Medical Marijuana Research

Category: News | Posted on Sun, July, 19th 2015 by THCFinder

congress medical marijuanaBy Danielle Keane, NORML Political Director

Massachusetts Senator Elizabeth Warren, along with seven other Senators, has directed a letter to the Obama administration demanding regulators answer questions specific to the facilitation of research into the medical benefits of marijuana.

Senators acknowledged the need for unbiased research. They wrote, ”While the federal government has emphasized research on the potential harms associated with the use of marijuana, there is still very limited research on the potential health benefits of marijuana — despite the fact that millions of Americans are now eligible
by state law to use the drug for medical purposes.”

The Senators applauded a recent decision by the Department of Health and Human Services toeliminate the HHS Public Health Service review process. But they also acknowledged the drawbacks of NIDA’s monopoly on supply of marijuana for research purposes and the need for alternative providers.

Senators also questioned marijuana’s current classification as a Schedule 1 drug under federal law and its classification under international treaties and if the FDA is prepared to call for the reclassification of cannabidiol.

Read More:http://www.theweedblog.com/senators-press-feds-for-answers-regarding-medical-marijuana-research/


Comments

Marijuana may help heal broken bones

Category: News | Posted on Sun, July, 19th 2015 by THCFinder

Israeli researchers have discovered that cannabis can be effectively used in healing broken bones and maybe other skeletal illnesses.

Scientists from the Tel Aviv University revealed that cannabis has a component which enhances the healing process of fractured bones. The study was published in the Journal of Bone and Mineral Research.

A curative component, called cannabidiol (CBD), sped up healing processes in the broken leg bones of trial rats with mid-femoral fractures. CBD is non-psychotropic and is also effective when isolated from tetrahydrocannabinol (THC), the main psychoactive component of cannabis.

 

“While there is still a lot of work to be done to develop appropriate therapies, it is clear that it is possible to detach a clinical therapy objective from the psychoactivity of cannabis. CBD, the principal agent in our study, is primarily anti-inflammatory and has no psychoactivity,” said Dr. Yankel Gabet of Tel Aviv’s Bone Research Laboratory, as cited by the Tel Aviv university website.
To illustrate these findings, scientists tested two different groups of rats - one was treated with both CBD and THC while the other one only with CBD.

“We found CBD alone to be sufficiently effective in enhancing fracture healing,” Gabet explained.

Read More:http://www.rt.com/news/310194-marijuana-heals-bones-study/


Comments

Washington Compliance Checks: 19 Of 157 Recreational Marijuana Stores Sell To Minors

Category: News | Posted on Sat, July, 18th 2015 by THCFinder

selling marijuana to minorsIn May I wrote an article talking about how recreational marijuana stores that sell to minors hurt the entire industry, and the movement as a whole. The article came after four stores in Washington sold recreational marijuana to minors during compliance checks. Sadly, the last round of compliance checks in Washington resulted in significantly more failures. Every instance is a black eye on the industry and the movement. Below is more information, via a Washington State Liquor Control Board e-mail:

In the first complete round of compliance checks of retail marijuana retail stores, 19 Washington recreational retail marijuana businesses sold marijuana to an underage investigative aide. Washington State Liquor Control Board (WSLCB) enforcement officers working with underage investigative aides, checked each retail marijuana business for sales of marijuana to minors. The checks essentially represent an 88 percent no-sales-to-minors compliance rate.

“Our goal is 100 percent compliance,” said WSLB Board Chair Jane Rushford. “While perfect compliance is always a challenging goal, it is clearly in everyone’s interest that our licensees be vigilant about preventing underage sales.”

The 19 businesses will be cited for selling marijuana to minors. The individuals who sold the marijuana will be referred to their respective prosecuting attorney’s office for potential criminal prosecution.

Read More:http://www.theweedblog.com/washington-compliance-checks-recreational-marijuana-stores-minors/


Comments


Search








Blog Categories

Popular Articles

Latest Offers In Your Area
Recent Blog Posts
Download Our App!
18.6 Miles Away | WestLake Villag,
18.6 Miles Away | WestLake Villag,
18.6 Miles Away | WestLake Villag,
September 5, 2015 | Category: Fun
September 5, 2015 | Category: News
September 5, 2015 | Category: Nugs
Mobile Apps
Copyright 2015 THCFinder.com
All Rights Reserved.
Dispensaries      Strains      About Us      Friends      API / Widgets      Privacy Policy      Terms of Use      Investors      Contact Us