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City of Portland Cannabis Tax To Benefit Local Communities of Color

Category: News | Posted on Thu, August, 25th 2016 by THCFinder

PORTLAND, OR (Aug, 2016) – On November 8, 2016, Portland City voters will vote on the allocation of 3% of recreational marijuana sales tax to a number of causes, including the support of minority owned businesses and communities of color. The current state tax on recreational marijuana sales is 25%. The 2015 Oregon Legislature set the new tax base for recreational sales at 17% beginning January 1, 2017, with a provision that cities and counties may refer a local 3% tax to voters in the

November 2016 general election.  On June 22, Portland City Council voted to refer to voters the 3% tax on recreational marijuana sales. If the vote passes, it will be the first time this type of cannabis tax appropriation to communities of color will be implemented in the U.S. This is extremely important and appropriate, because statistics show that people of color, especially African American men, have born the brunt of prohibition enforcement. A study from the ACLU shows that blacks are arrested at up to 8 times the amount of whites for cannabis possession, despite nearly identical consumption rates. The comparative length of prisons sentences is also dramatically higher as well. This has had detrimental effects on targeted neighborhoods.

Read More:http://www.theweedblog.com/city-of-portland-cannabis-tax-to-benefit-local-communities-of-color/


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As Uruguay’s Pot Industry Struggles with the Details, Growers Move On to Hemp

Category: News | Posted on Thu, August, 25th 2016 by THCFinder

Legal pot in Uruguay got off to an international bang in December 2013 when it became the first country in the worldto legalize production, distribution, sale and consumption of the plant.

Former Uruguayan President Jose Mujica, whose administration also legalized gay marriage and abortion during his term (2010-2015), pitched the pot legalization law as a way to fight drug gangs.

As these several years have passed, regulations and restrictions have hamstrung the legalization project.

The government’s low price cap and strict production limits, is pushing less regulated hemp to the center stage among cultivators.

Read More:http://hightimes.com/news/as-uruguays-pot-industry-struggles-with-the-details-growers-move-on-to-hemp/


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A Pot of Money: Oregon Collects $25.5M in Marijuana Taxes

Category: News | Posted on Wed, August, 24th 2016 by THCFinder

SALEM, Ore. (AP) — Oregon has processed $25.5 million in tax payments from recreational marijuana from January through the end of July.

The state’s Department of Revenue says medical marijuana dispensaries were required to file their second-quarter returns for recreational marijuana by Aug. 1.

Oregonians legalized recreational marijuana in late 2014.

But it can only be sold by medical marijuana dispensaries until the Oregon Liquor Control Commission finalizes rules for the new industry. That’s expected to happen by next year.

Read More:http://hightimes.com/business/a-pot-of-money-oregon-collects-25-5m-in-marijuana-taxes/


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New Report Says California Marijuana Sales to Top $6.5 Billion by 2020

Category: News | Posted on Wed, August, 24th 2016 by THCFinder

Oakland, CA – Arcview Market Research, the leading publisher of cannabis market research, in partnership with New Frontier, the cannabis Big Data and analytics authority, has released its 2016 California Legal Cannabis Market State Profile, which shows the potential growth of the adult use market if California voters choose to legalize adult use cannabis in November.  The report finds that over the next four years, the official Arcview Market Research legal cannabis sales projection will grow at a compound annual growth rate of 23.1%, from $2.8 billion in 2016 to an estimated $6.5 billion by 2020.

“California is the 6th largest economy in the world. The opportunity for jobs, tax money and wealth creation made possible by California ending marijuana prohibition cannot be overstated,” said Troy Dayton, CEO of The Arcview Group.

Read More:http://www.theweedblog.com/new-report-says-california-marijuana-sales-to-top-6-5-billion-by-2020/


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Justice Department: People Cannot Be Held in Jail Because They Cannot Afford Bail

Category: News | Posted on Tue, August, 23rd 2016 by THCFinder

It is not unusual for a minor drug offender to be held behind bars simply because he or she does not have the financial resources to afford bail. However, last week, the Justice Department denounced this action in court, saying that it is unconstitutional to keep defendants locked up in jail because they cannot raise the money required for their release.

“Bail practices that incarcerate indigent individuals before trial solely because of their inability to pay for their release violate the Fourteenth Amendment,” the Justice Department wrote in a first-of-its-kind amicus brief filed in federal court on Friday.

The decision comes in light of a case involving a 54-year-old Georgia man by the name of Maurice Walker, who was busted by the Calhoun Police Department in 2015 for being a “pedestrian under the influence.” The filing indicates that Walker, who has a “serious mental health disability and limited income with no assets,” was told that he would have to remain in jail until his court date unless he could pay the fixed bail amount of $160—the amount set for the offense of being a pedestrian under the influence.

Read More:http://hightimes.com/news/justice-department-people-cannot-be-held-in-jail-because-they-cannot-afford-bail/


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Don Koshmider’s Court Victory Against Prosecutor Mike Rola Indicative of Other Cases in Michigan

Category: News | Posted on Mon, August, 22nd 2016 by THCFinder

CADILLAC- All charges against Don Koshmider were dismissed.

That’s the short version of the story. The long version involves raids, prosecutors, politically-charged motives and actions by law enforcement that are not supported by the communities they claim to protect.

“I feel fantastic!” Don told me, in an exclusive TCC interview.

“As Don’s attorney I can say we were prepared at the preliminary exam to present a defense to the charges,” said criminal defense attorney Josh Covert, who represented Koshmider in court. “The prosecution was not prepared to hold the hearing and really had no choice but to dismiss the charges for now.”

Koshmider has been an active figure in Michigan’s marijuana movement for several years. He was vocal and visible in Gaylord during the multiple protests held there to oppose a series of raids on medical marijuana distribution centers. Koshmider helped with the petition drive to enact an ordinance in that community to authorize the Centers.

Read More:http://www.theweedblog.com/don-koshmiders-court-victory-against-prosecutor-mike-rola-indicative-of-other-cases-in-michigan/


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