Over $1.2 Million In Recreational Marijuana Sold Daily In Washington State

Category: News | Posted on Tue, June, 2nd 2015 by THCFinder

washington legal marijuana salesLegal recreational marijuana sales started in Washington in July 2014. The start of legal recreational marijuana sales was slow, with only a handful of stores opening. There are still less than half of the recreational marijuana stores open that were expected to, but the sales numbers keep climbing. According to the latest numbers out of Washington, Washington’s legal recreational marijuana industry is sell over one million dollars worth of recreational marijuana everyday. Per The Joint Blog:

There’s over $1 million in recreational cannabis sold each day in Washington State among the 142 outlets that are reporting sales figures, according to the Liquor Control Board (LCB).

According to the LCB (which will be renamed theLiquor and Cannabis Board on July 24th), there are 161 licensed recreational cannabis outlets throughout Washington State, with 142 reporting sales. On average, there is $1,243,926 in recreational cannabis sold each day, which results in roughly $311,000 in daily tax revenue. In total, there has been $205,917,611 in cannabis sold since legal sales began July 1st of 2014. This has resulted in $51,479,403 in taxes for the state.

With only 142 recreational stores open, and over 300 licenses allocated, I’d expect that number to continue to climb in the future. Even if current trends held steady, that would work out to roughly 438 million dollars worth of recreational marijuana sold per year. That’s a huge industry by any measure. One so large that other states should take notice, and try to follow in Washington’s footsteps, albeit with a better version of legalization compared to Washington’s model.



Lawmakers brace for marijuana vote-a-rama

Category: News | Posted on Tue, June, 2nd 2015 by THCFinder

Lawmakers are prepping for what could turn into a marijuana vote-a-rama Wednesday, sources say.

Pot advocates expect lawmakers to introduce at least half a dozen marijuana-related appropriations amendments that would roll back the Justice Department’s authority to enforce drug laws around the country.

The marijuana amendments would handicap the Department of Justice (DOJ) in its fight with states over the enforcement of local pot laws.


“The politics have continued to shift in favor of marijuana law reform,” said Tom Angell, chairman of the Marijuana Majority.


"For a long time, lawmakers treated marijuana as a third-rail issue that was too dangerous to touch,” he added. "But now that polling shows a growing majority of voters supports ending prohibition, more and more elected officials are starting to realize that demonstrating leadership on this issue has political benefits instead of harms.”

The marijuana amendments come as part of the Justice Department’s funding bill, which dictates the terms in which the agency can use the money.

Pot advocates are making a big push in advance of the vote to rally lawmakers to their side.

The Justice Department would be prohibited from using federal funds to interfere with states’ medical marijuana laws under an amendment expected from the California delegation — Reps. Dana Rohrabacher (R) and Sam Farr (D).

The measure was approved by Congress for the first time in 2014 but it must be renewed each year when the DOJ’s spending bill expires.

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Fewer Marijuana Packages Found In US Mail After Recreational Marijuana Sales Legalized

Category: News | Posted on Mon, June, 1st 2015 by THCFinder

usps mail marijuana fed exI have yet to see a significant prediction made by marijuana opponents prior to marijuana legalization occurring that has come true. There is no mayhem on the roadways. There is no epidemic of marijuana getting in the hands of children. Last time I checked the sky is still in tact, the American economy hasn’t lit on fire due to a generation of stoner zombies being a part of the workforce, and there has been no ‘ten dollars in social costs for every one tax dollar generated by the marijuana industry.’ One prediction that I heard a lot from marijuana opponents before recreational marijuana was legalized is that the legal marijuana grown in legal states would flood non-legal states, especially via the mail. Turns out the math says otherwise.

In 2014, the same year that legal recreational marijuana sales began in Colorado and Washington, marijuana packages found in the mail actually dipped. Per US News:

The amount of marijuana detected in the national mail system surprisingly declined in 2014 as the world’s first licensed recreational marijuana stores opened in two Western states, appearing to dash at least some predictions of chaos as other jurisdictions move to legalize the drug.

Data provided to U.S. News by the U.S. Postal Inspection Service show the number of marijuana parcels seized by inspectors fell more than 12 percent in fiscal 2014, with a coinciding decrease in the collective weight of contraband cannabis.

The fiscal year began on Oct. 1, 2013, three months before pot stores opened in Colorado, and ended on Sept. 30, 2014, three months after stores opened in Washington state. 

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Catapult Wants To Be The Starbucks Of Marijuana-Infused Coffee

Category: News | Posted on Mon, June, 1st 2015 by THCFinder

James Hull recently went back to his roots as a 3rd generation horticulturist after a career in high-tech engineering.  The result? Catapult, a Marijuana-infused coffee which according to Hull makes you feel blissful and energetic at the same time.
It seems only natural that Hull runs his company, Fairwinds Mfg., just a few hours south of America’s coffee capital, Seattle.
(Catapult coffee from Fairwinds Mfg should not be confused with Fairwinds coffee from The Rogers Family Company which makes traditional coffee in California)
Hull got his new business going quickly and funded it himself. The pace was intense, he said. From February of 2014 to February of 2015, Hull and his wife moved into a camper on the facility’s property so he could work day and night with a small group of employees including other horticulturists, chemists and a microbiologist. He dipped into some of his savings and assets to fund the creation of the facility.
Now growing and processing marijuana, Hull has released his inner-geek to employ all the latest technology.  The air in Fairwinds’ grow facility is filtered six times per hour through a bank of Hepa filters, computers control fertilizer injection for the plants as well as environmental aspects of the grow rooms like humidity, temperature, air flow, light and CO2 supplementation to maximize the plants’ yield.  It’s a far cry from his family’s flower shop where he spent his teenage summers. The mechanized operation means he needs just 10 employees to help him run the company.


TMZ: 10 NBA players want marijuana taken off list of banned substances

Category: News | Posted on Sun, May, 31st 2015 by THCFinder

Marijuana use is becoming a progressively more complicated issue in America following the passing of state legislation to make its sell and use legal. Some states remain firmly against such measures. 

The league has maintained its position that marijuana falls under the category of banned substances, with a positive tests resulting in increasing punishments, including suspension.

TMZ says it spoke with 10 NBA players, who said they want the league to remove marijuana from the banned substances list, if a player has a prescription. (Many states allow the sale and use of medical marijuana for various conditions.)

We asked 10 active NBA players (all of whom wanted to remain anonymous) ... and they all made it very clear -- it's time to legalize it!!! One player told us, "How can you tell a guy with a prescription not to use it?? They should be allowed to have their medicine."
Another said ... "The NBA shouldn't advertise for it, but I don't see an issue if a player uses [with a prescription]."
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Denver's first openly weed-friendly hotel opens for business

Category: News | Posted on Sun, May, 31st 2015 by THCFinder

Rest easy, globe-trotting cannabis connoisseurs: Denver now has an openly marijuana-friendly hotel.

Nativ, which opened for business on Thursday in the LoDo District, has no lava lamps or Bob Marley posters, or whatever people generally associate with stoner culture. Colorado has been trying to ditch that image long before Amendment 64 passed, which allowed recreational marijuana to be purchased and consumed in private residences starting Jan. 1, 2014.

The hotel features a variety of suites and room packages, each with a distinct style and amenities. Each floor also has its own identity in an attempt to eliminate the mind-numbing monotony typically associated with hotels.

"It's definitely not a stoner hotel," Nativ COO Mike Alexander told The Denver Channel. "I think that in general, marijuana has a stigma attached to it and I think we're breaking that."

Aside from the luxurious rooms with flatscreen TVs, private patios with fire pits, mini bars — you get it, it's fancy — the hotel also features a bar and restaurant called Portions, fronted by chef Aaron May, which features a self-pour beer wall with 20 different craft brews. This is Colorado, after all.

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