Marijuana Entrepreneur Plans $100 Million 'Marlboro of Weed' Brand
Category: News | Posted on Thu, August, 1st 2013 by THCFinder
It looks like the kind of late-night commercial meant for people taking bong rips between "Family Guy" reruns. To a Seattle weed entrepreneur, however, the two-minute ad above is the first step toward building a $100 million marijuana empire.
Brian Laoruangroch, 29, is president of Prohibition Brands, a company that wants to mass-produce marijuana cigarettes and cigars and sell them as a standardized product. The company is little more than an idea at the moment, but Laoruangroch is telling potential investors he envisions his brand as “the marijuana version of a Marlboro cigarette.”
In the commercial, Laoruangroch takes on the guise of a stereotypical cowboy to woo financiers. Aided by two skimpily clad female models and a puppet horse, he discusses the “green rush” of investment in marijuana.
“I thought that the two most important things for an ad were to make something comical, number one, and number two, it’s no secret that sex sells,” Laoruangroch told The Huffington Post. “So we found two really comical girls and a really sexy cowboy.”
Laoruangroch said he owns intellectual property that covers the design specifications for a filtered marijuana cigarette. He said he hopes to turn that, along with a polished website and a personal pitch, into at least $5 million worth of investment before the end of the year.
Paralyzed MMJ patient's last Supreme Court pitch over DISH firing
Category: News | Posted on Wed, July, 31st 2013 by THCFinder
Last year, Brandon Coats, a paralyzed medical marijuana patient fired by DISH for failing a drug test, filed a complaint over the issue in Arapahoe District Court. When he lost there, attorney Michael Evans brought the case to the Colorado Court of Appeals, where jurists also rejected Coats's argument. But Evans hasn't raised the white flag quite yet. He's submitted what he describes as the final document in an effort to get the Colorado Supreme Court to take on the matter. See it and get details about the potentially groundbreaking case.
As we've reported, Coats, who's in his thirties, is paralyzed over 80 percent of his body. At age sixteen, he was a passenger in a vehicle that crashed into a tree.
Since then, Coats has used a wheelchair to get around, but he's fully capable of working -- and in 2007, he was hired by DISH as a customer service representative. Over the years that followed, his original lawsuit contends that prescription medicine Coats took to treat involuntary muscle spasms began to fail. When searching for a way to deal with these symptoms, his physicians recommended that he supplement his regimen with medical marijuana. He received his state-issued license for MMJ in August 2009 and found that cannabis helped alleviate his spasms. However, the complaint stresses that he never used marijuana at work, during work hours or anywhere on the company's premises.
Read more: http://blogs.westword.com
Expected Soon: More Decriminalized Marijuana In Michigan
Category: News | Posted on Wed, July, 31st 2013 by THCFinder
As part of an ongoing cannabis law reform effort in Michigan, voters in three more Michigan cities will soon have the chance to do what their elected officials regularly fail to do: pass laws that decriminalize a small amount of cannabis for personal adult use.
The Detroit Free Press reports today that three Michigan cities-Ferndale, Jackson and likely Lansing-will have binding voter initiatives that effectively decriminalize cannabis possession in these three municipalities.
Numerous other cities in Michigan have already adopted decriminalization, as have 17 other states overall, and as former MI NORML president and current chair of Coalition for Safer Michigan Tim Beck notes in the article that passing these three decriminalization ballots will likely be the ‘tipping point’ for state legislators in Michigan to pass state-wide reforms.
Let’s hope so!
Marijuana Legalization in Missouri: Rep. Rory Ellinger Plans Bill to Regulate Pot Like Colorado
Missouri is one step closer to legalizing marijuana.
State Rep. Rory Ellinger, a Democrat from University City, plans to introduce legislation next session to legalize pot in the state, modeled after the successful reform effort in Colorado. It will definitely be a long shot here, but this will be the first time a lawmaker in Missouri has introduced a proposal of this nature.
"I expect there will be a lot of good people that feel marijuana is wrong, that it leads down a path of worse drugs and trouble and so on," he tells Daily RFT. "I respect their opinion, but I think that it can all be disputed."
He continues, "I don't know anyone who has ever died of a marijuana overdose."
Ellinger was behind the proposal this past legislative session to decriminalize marijuana, which simply meant reducing the punishments for low-level pot possession charges. Pot, under that initiative, would still be illegal. That bill advanced further than it ever has in the past with a formal hearing in the House of Representatives on the very last day of the session in May.
Ellinger says he plans to reintroduce this decriminalization proposal again and also a separate bill to legalize pot altogether.
Read more: http://blogs.riverfronttimes.com
DEA Medical Cannabis Offensive May Have Cost Taxpayers $13.3 Million
By now most medical cannabis activists are aware that several medical marijuana dispensaries in Washington state were raided Wednesday. While the federal government continues to raid medical cannabis providers on a routine basis, the 18 raids were such a rare show of force that major news outlets have picked up on the story, with NBC reporting that a DEA agent added insult to injury by boasting to a raided provider that“[t]hings are going to be hell for you.” These raids constitute one of President Obama’s single biggest days of paramilitary action in the federal crackdown on medical cannabis patients and providers, but what did this massive offensive cost taxpayers?
According to ASA’s What’s the Cost? report, the investigations and raids may have cost taxpayers $12,327,732. While the raids themselves cost just over $300,000, the lengthy investigations leading up to the raids cost taxpayers a staggering $12,014,334 according toASA’s calculations. This amount far exceeds the average of $180,000 that the federal government spends fighting its war on medical cannabis. In 2012 alone, the DEA used 4% of its budget on medical cannabis suppression.
This is not the first time the first time the feds have launched a massive offensive against Washington state patients and providers. In 2011, 14 Seattle-area dispensaries were raided in similar fashion. Earlier in that year, the US Attorney for Washington issued a threat letter to the Governor Christine Gregoire which helped bully her into line item vetoing the dispensary portions of a bill that passed both the Washington House and Senate.
Even with the federal government going to such great lengths to prevent the successful passage and implementation of medical cannabis laws, an ever-increasing number of states have chosen to adopt them. With support for safe and legal access to medical cannabis now at 85%, nobody knows how much longer the federal government will continue to waste precious resources to crack down on medical cannabis, but without Congressional action to stop the madness, there is unfortunately no end in sight. ASA urges everyone who cares about safe and legal access to medical cannabis to join the Peace for Patients campaign and make sure their members of Congress take action to end the federal crackdown.
Denver council approves 5 percent marijuana tax
DENVER — The city council, meeting as a committee of all 13 members, voted 7-5 Monday afternoon to move forward with a proposal to levy a five percent tax on recreational marijuana next year.
That municipal tax, which must be approved by voters, would likely come on top of the 25 percent combined statewide tax rate, which voters must also approve this November.
The council was divided on the tax rate conundrum: setting the rate too high, the industry worried, might lead would-be legal customers to go to the black market, while setting it too low, many council members argued, might leave the city without the $9 million in revenue they believe they’ll need to regulate marijuana shops.
In the end, they settled on an initial five percent rate, which is what Mayor Michael Hancock’s administration was pushing for, that will take effect on January 1, 2014, when recreational marijuana becomes the law of the land.
But the council also voted to leave the city come wriggle room, allowing a sliding scale of sorts so that members can vote in the future to lower the rate to 3.5 percent or to raise it as high as 15 percent depending on the revenue stream.
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