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Cannabis Interceptions on Mexican Border Down Again

Category: News | Posted on Wed, March, 23rd 2016 by THCFinder

For a second year running, the U.S. Border Partrol reported drastically reduced cannabis seizures along the Mexican border—and even the mainstream media can't help making the connection to the growing trend toward legalization and tolerance in the United States. In reporting the findings,the Washington Post used the headline, "Legal marijuana is finally doing what the drug war couldn't." 

Last year, border agents confiscated some 1.5 million pounds—down from a peak of nearly 4 million in 2009. Increased domestic production in California, Colorado and Washington have driven prices down, especially at the bulk level.

"Two or three years ago, a kilogram [2.2 pounds] of marijuana was worth $60 to $90," a Mexican cannabis farmer recently told NPR. "But now they're paying us $30 to $40 a kilo. It's a big difference. If the U.S. continues to legalize pot, they'll run us into the ground.

Read More:http://www.hightimes.com/read/cannabis-interceptions-mexican-border-down-again


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United States Adult Use Marijuana Sales Are Up 232%

Category: News | Posted on Wed, March, 23rd 2016 by THCFinder

ArcView Market Research, the leading publisher of cannabis market research and information in partnership with New Frontier, the cannabis Big Data and analytics authority, today released the full 300+ page version of the 4th edition of the State of Legal Marijuana Markets, which shows that the legal cannabis industry is one of the fastest growing industries in America with a compound annual growth rate of 31%. The official 2015 ArcView market estimate has been increased to $5.7 billion, up from $4.6 billion in 2014. This was fueled primarily by explosive growth in adult use market sales, which grew from $374 million in 2014 to $1.2 billion, a 232% year over year increase.

“If all 9 states with ballot initiatives this year were to pass those laws, 9 in 10 Americans will live in a state where the use of cannabis in some form is legal. That is a staggering number when you realize that it was only two years ago that Colorado was the first state to fully legalize, and last year they generated nearly a billion dollars in marijuana sales,” said Troy Dayton, ArcView CEO.

Read More:http://www.theweedblog.com/united-states-adult-use-marijuana-sales-are-up-232/


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Minnesota marijuana company battles Google

Category: News | Posted on Wed, March, 23rd 2016 by THCFinder

A Minnesota-based medical marijuana company says Google is blocking its attempts to advertise online.

Vireo, the parent company of Minnesota Medical Solutions, tried to take out a series of online ads in New York, where it operates four clinics and is one of several companies chosen by that state to grow and manufacture medical cannabis. Each time, Google rejected the ads, citing its policy against promoting “dangerous products or services.”

On Monday, the company expanded its online advertising efforts to include the two Minnesota clinics operated by Minnesota Medical Solutions. Enrollment in Minnesota’s medical cannabis program remains relatively low — 1,133 patients since legalization last July. But Vireo announced that it would also attempt to place “Minnesota-targeted Google ads to make it easier for Minnesota patients to learn about using our medicines.”

Read More:http://www.startribune.com/minnesota-marijuana-company-battles-google/373104881/


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Veterans Are Using Pot to Ease PTSD, Despite Scant Research

Category: News | Posted on Tue, March, 22nd 2016 by THCFinder

TRENTON, N.J. (AP) -- A growing number of states are weighing whether to legalize marijuana to treat post-traumatic stress disorder. But for many veterans, the debate is already over.

They're increasingly using cannabis even though it remains illegal in most states and is unapproved by the Department of Veterans Affairs because major studies have yet to show it is effective against PTSD.

While the research has been contradictory and limited, some former members of the military say pot helps them manage their anxiety, insomnia and nightmares. Prescription drugs such as Klonopin and Zoloft weren't effective or left them feeling like zombies, some say.

Read More:http://www.hightimes.com/read/veterans-are-using-pot-ease-ptsd-despite-scant-research


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CanopyBoulder Raises $2 Million For 2016 Marijuana Business Investments

Category: News | Posted on Tue, March, 22nd 2016 by THCFinder

canopy boulder canopyboulderI am by no means a business expert. I learn more about as time goes by, but my skill set is more suited for being a Hobbit-sized weed blogger than it is being a titan of industry. I think there are a lot of people out there that have a great business idea, or may even be doing business right now on a small scale, but could definitely use their help in taking their company to the next level. That’s what companies like CanopyBoulder are for. CanopyBoulder is a marijuana business incubator, with a multi-week program to help participants build a solid foundation for their business and develop a solid strategy for success into the future.

Another thing that CanopyBoulder does is help its program participants with funding, which is vital to almost every business model when its starting out. It was recently announced that CanopyBoulder raised 2 million dollars to help out with its 2016 cohort. Per Marijuana Business Daily:

CanopyBoulder, a business accelerator based in Colorado, announced on Friday it has completed yet another seven-figure round of fundraising to invest in startups.

Read More:http://www.theweedblog.com/canopyboulder-raises-2-million-for-2016-marijuana-business-investments/


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US Supreme Court Dismisses Colorado Marijuana Case

Category: News | Posted on Mon, March, 21st 2016 by THCFinder

While marijuana advocates across the United States have been in a nail-biting frenzy ever since it was revealed that a lawsuit filed in the U.S. Supreme Court had the potential of shutting down the cannabis industry, the nation’s highest court announced on Monday it would dismiss a case submitted by Oklahoma and Nebraska suggesting that Colorado’s retail pot market had become a drug trafficking menace.

In the case of Nebraska and Oklahoma v. Colorado, the plaintiffs argued that Amendment 64, which ended pot prohibition in the Centennial State, was a flagrant violation of the Controlled Substances Act and the Supremacy Clause of the U.S. Constitution. The lawsuit claimed the two states were “suffering a direct and significant detrimental impact,” as a result of the Colorado cannabis trade, and it begged the U.S. Supreme Court to force its indefinite closure.

Read More:http://www.hightimes.com/read/us-supreme-court-dismisses-colorado-marijuana-case


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