Florida's Black Market Cannabis Oil Ruffles Pharmaceutical Doctor
One Florida doctor is decrying the claims as the modernized version of snake oil. Sarah Steinhardt, a doctor of pharmacy, says people should be leery of cannabis oil
Topic
black market
39 articles
CannabusinessLink
Colorado's Pot Tax Tally Has Lessons for Other States
Marijuana makes money. But legalizing it doesn't eliminate the black market or solve a state's budget problems. Those are the lessons from Colorado's first full year of tax collections on recreational pot. The year-end report, released Tuesday, tallied about $44 million in new sales taxes and excise taxes from recreational pot.
Law & PoliticsLink
Colorado's Missing Marijuana Taxes
Colorado is missing $21.5 million in pot taxes. Voters were told the state would pull in $33.5 million from two new taxes in the first six months of 2014. But pot smokers are still buying on the black market because legal pot costs a lot more than illegal pot.
CannabusinessLink
Demand for Marijuana Outpaces Legal Supply; Black Market Filling Gap
In a report commissioned by the Marijuana Enforcement Division earlier this year, data show that Colorado residents and visitors will consume an estimated 130.3 metric tons of marijuana in 2014, but only about 77 metric tons will come from legal medical or recreational outlets
CannabusinessLink
Five Things the "Straight" Business World Continues to Get Wrong About Marijuana
There is no shortage of conflict and confusion while investors and entrepreneurs scramble to get their hands in the legal pot. If you are considering getting into the cannabis business, here are five misconceptions about the industry that are imperative to understand.
CannabusinessLink
Mexican Marijuana Farmers Make Switch to Heroin as Pot Prices Fall
Mexican marijuana farmers in the remote valleys of the northern Sierra Madre have began to harvest opium poppies instead and distribute cheap $4 heroin to many rural areas in America.
McGruff the Crime Dog Sentenced to 16 Years in Prison
As usual, truth is stranger than fiction. An out of work actor who used to portray McGruff the Crime Dog was sentenced to 16 years in prison for drug and weapon charges.
Illegal Weed Is Bad for the Environment
This video from Mother Jones provides an unusual argument for legalizing cannabis: illegal grow operations can be very, very bad for the environment.
CannabusinessLink
Legalization Study: Street Dealers Will Be Unemployed
According to a recent legalization study via online poll conducted by Medical Marijuana Business Daily, 61 percent of Colorado stoners prefer to buy weed
Mexico Lawmakers Push for Decrim, WA Lawmakers Attack MMJ... Again.
In an interesting comparison, left-wing lawmakers in Mexico introduced legislation to decriminalize cannabis. Conversely, here in Washington state where MMJ has been legal for more than a decade and recreational use has been legalized, state lawmakers
Denver, CO 2014 MMJ Infographic: Save Up to $828 per Year in Taxes vs. Recreational Tokers
This infographic shows the implied annual financial value of possessing a red card in Denver. A medical marijuana patient would come out financially ahead if the annual cost of a red card was less than the tax savings.
Jose Mujica, 2016! His Vision for Cannabis in Uruguay
Ok, let's start a petition to allow Uruguayan nationals to become president. Actually, can we just kidnap Jose Mujica and get him on deck for 2016?
WA Liquor Control Board MMJ Hearing Draws 700+ Concerned Citizens
700+ concerned citizens came on November 13 to give feedback on the Liquor Control Board's recommendation that WA state shutdown the medical marijuana industry.
Legal Weed is the Cheapest Weed
Not surprising, a recent study shows the cheapest weed in America comes from Washington and Colorado, where it is legalized. This infographic shows where...
Law & PoliticsLink
The Doomed Economics of Drug Prohibition
Jacob Sullum recounts a study which found that the purity of drugs has risen while the price has dropped, and explains the economics of drug prohibition.
Cannabis Legalization: Proceed With Caution
Cannabis legalization has the momentum it needs; will it be preserved from commercialization and the free market? As the legalization movement makes it...
Marijuana NewsLink
Uruguay Sets Low Price for Marijuana at $2.50 Per Gram
Uruguay has set the price of their legal cannabis at $2.50 per gram. This will effectively annihilate the black market by removing the profitability of marijuana.
A Former Görlitzer Park Weed Dealer Describes Best Day Ever
“My aim to come to Europe was to further my education. Not to be selling,” Patrick says, waving off the benches of weed dealers around Görlitzer Park.