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Puerto Rico Betting on Medical Marijuana to Help Ease Crisis

Category: News | Posted on Thu, August, 3rd 2017 by THCFinder

SAN JUAN, Puerto Rico (AP) — Jesus Aponte pushes a door open to reveal hundreds of aromatic, spiky green plants, a crop that Puerto Rico hopes will help it ease a grinding economic crisis by generating millions in revenue and tens of thousands of jobs.

Aponte, a 29-year-old biologist and chemical engineer, had been thinking of joining the wave of young Puerto Rican professionals heading to the U.S. to seek work — an exodus that has aggravated the U.S. territory’s woes. But then he saw the saw the island’s medical marijuana industry start to expand, and found one of the rare new jobs opening up on the island, overseeing some 2,000 plants at the Natural Ventures facility.

“This is an economic niche that we can grab on to,” he said, though he added, “A lot of people told me, ‘What are you doing with your life? You’re throwing away your future.'”

Read More:http://hightimes.com/news/puerto-rico-betting-on-medical-marijuana-to-help-ease-crisis/


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The U.S. May Deschedule Marijuana with The Marijuana Justice Act

Category: News | Posted on Thu, August, 3rd 2017 by THCFinder

The federal ban of marijuana may finally come to an end thanks to a bill submitted by New Jersey Senator,Corey Booker. The bill would deschedule marijuana with The Marijuana Justice Act,  legislation that seeks to end the prohibition of the plant. If passed, the bill could potentially have far-reaching effects on both individuals and the government such as preventing deportations and creating a ” Community Reinvestment Fund ” of $500 million to invest in communities most impacted by the war on drugs,

For individuals, it could mean law enforcement spending less time and resources on raids and possession charges. For governments, it could mean more tax revenue. Another huge benefit would be the breakdown of federal barriers for cannabis research allowing for  the investigation into cannabis as another option to treat pain, which would help end the opiate epidemic in America.

Read More:https://www.theweedblog.com/deschedule-marijuana-with-the-marijuana-justice-act-prevent-deportations/


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Lawmakers Head to Colorado for Pot Tips

Category: News | Posted on Thu, August, 3rd 2017 by THCFinder

]Four members of a legislative panel are spending a few days in Colorado on a mission to learn the ins and outs of marijuana regulation.

Recreational marijuana is already legal in Maine thanks to a voter-approved referendum last fall. But a joint legislative committee is tasked with figuring out the nitty gritty of implementing sales of retail marijuana.

The committee is set to soon vote on specifics like a likely tax increase on recreational marijuana.

Democratic Rep. Teresa Pierce says there’s advantages to seeing retail shops and talking to state officials in person.

Read More:http://hightimes.com/news/lawmakers-head-to-colorado-for-pot-tips/


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Marijuana's legalization fuels black market in other states

Category: News | Posted on Wed, August, 2nd 2017 by THCFinder

Marijuana smugglers are growing and shipping vast quantities of illicit cannabis across the USA.

They’re mailing it, driving it and, in at least one case, flying it around in skydiving planes. They’re hiding it in truck beds and trunks and vacuum-sealing it to hide the smell as they pass police officers patrolling the interstates.

Many are starting in states where growing marijuana is legal, such as Colorado, and sending the drug elsewhere.  

In June, Colorado prosecutors said they busted a 74-person operation producing 100 pounds of marijuana per month — enough to generate $200,000 monthly, tax free, for more than four years.

Read More:https://www.usatoday.com/story/news/nation/2017/07/31/marijuana-black-market/507417001/


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Is Jared Kushner at Odds with Jeff Sessions over Mandatory Minimums?

Category: News | Posted on Wed, August, 2nd 2017 by THCFinder

Jared Kushner—Donald Trump’s son-in-law and advisor with zero political experience… just like his boss—is apparently involved in discussions over potential changes to the criminal justice system, including mandatory minimum sentencing, which has ruined the lives of countless non-violent drug offenders.

Meanwhile, Attorney General Jeff Sessions, who adores harsh sentencing, is furiously pushing his pitiless, tough-on-crime agenda.

If fresh-faced Kushner can stay out of trouble himself over his meetings with Russians, endless financial conflicts of interest and corruption scandals, he apparently wants to discuss a thing or two with the “beleaguered” Jeff Sessions about tossing people into prison and throwing away the key.

Read More:http://hightimes.com/news/is-jared-kushner-at-odds-with-jeff-sessions-over-mandatory-minimums/


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Massachusetts Gov. Signs Off on Pot Taxes and More

Category: News | Posted on Tue, August, 1st 2017 by THCFinder

The Massachusetts House and Senate changed their state’s recreational marijuana laws outlining the details of how the state plans to rollout pot shops and tax cannabis sales. The biggest updates to the marijuana ballot law, which was already passed in November, is higher taxes on sales and laws on how communities can ban pot shops in their neighborhoods.

Recreational marijuana will be taxed 17 to 20 percent, depending where it is sold. The 20 percent tax rate is higher than the original, voter-approved rate which was only 12 percent. That maximum 20 percent comes from adding the 10.75 percent excise tax, the state’s 6.25 percent sales tax, and, depending on the local community it could add another optional 3 percent tax.

Read More:https://www.theweedblog.com/massachusetts-gov-signs-off-on-pot-taxes-and-more/


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