Cracked.com a Bit Off on Legal Weed
I love Cracked.com. The articles are well researched, interesting and almost always hilarious. One article, titled, "5 Reasons Legalized Marijuana Might Be Bad for Pot Smokers," sort of misses the mark.
Topic
business — page 7
367 articles
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.
Law & PoliticsLink
At Colorado's Borders, a Dividing Line Over Marijuana
The legal marijuana market in Colorado has created a bonanza for “green entrepreneurs” and tax collectors in the state. At the same time, it has put pressure on budgets in neighboring states. Post TV takes you to rural Colorado to experience...
Medical Marijuana Update (2014.07.23)
Here's the latest major medical marijuana news around the United States from the past week, as of July 23, 2014:
Medical Marijuana Could Bring Big Tax Revenue to Florida
Florida could rake in big bucks in sales and tax revenue if Amendment 2 passes in November and medical marijuana becomes legal. State projections of sales range from $138 million to $5.6 billion. State projections of tax revenue range from $8.3 million to $338 million...
Illinois Seizure Bill Becomes Law
On Sunday, Illinois Gov. Pat Quinn signed a bill that will add seizure conditions to Illinois’ medical cannabis program for both adults and minors. The new law also allows parents to seek permission for minors to access medical marijuana for other qualifying conditions.
Rand Corporation to Consult on Marijuana Study in Vermont
Beginning this week, the Rand Corporation will send representatives to Vermont to work with the state’s Secretary of Administration on a study of the effects of taxing and regulating marijuana similarly to alcohol...
Seattle Sells Out of Legal Weed in Three Days
Seattle only has one legal pot shop. Washington weed went legal on July 8th and by the 10th, Seattle's Cannabis City retail store was completely sold out.
House Votes to Let Banks Take Deposits From Marijuana Businesses
In a historic vote Wednesday, the US House has approved an amendment to the Treasury Department appropriations bill barring the agency from spending any money to punish financial institutions that provide services to marijuana businesses in states where it is legal.
Law & PoliticsLink
GOP-Led House Gives Marijuana Businesses Another Boost
The GOP-dominated House on Wednesday delighted cannabis advocates by voting to prohibit law enforcement from going after banks for doing business with state-licensed marijuana growers and sellers.
CannabusinessLink
Hemp Biofuels to Save the World
The best part of hemp is that it is a CO2 sponge, greedily absorbing much more CO2 in its short growth cycle than many larger plants. This means if any biofuel has a chance of being CO2 neutral or even negative it is a hemp-based one.
Medical Marijuana Clinics Sprout Up in Toronto
This month, two clinics specializing in prescription cannabis opened their doors for the first time in Toronto, Canada’s largest city.
CannabusinessLink
Colorado Selling Over 10 Tons of Pot Every Month
The estimated annual market demand for marijuana in Colorado is roughly 130 metric tons, according to the first post-legalization study of the market.
Law & PoliticsLink
Uruguay Marijuana Sales Delayed Until 2015
Uruguay President Jose Mujica told AFP Wednesday that sales of marijuana will be delayed until next year because of difficulties in implementing the controversial law legalizing the drug.
Law & PoliticsLink
California Town Considers Using Pot Taxes to Pay Police
Desert Hot Springs, a southern California town plagued with crime and financial destitution is now considering the legalization of medical marijuana dispensaries. Their hope is that it can not only pull the town out of desperate times, but will also salvage their local police force with the use of pot taxes.
Oregon: Marijuana Initiative Backers Turn in 145,000 Signatures for Proposed 2014 Ballot Measure
Proponents of a statewide Oregon initiative to regulate the commercial production and retail sale of marijuana have turned in 145,000 signatures to the Secretary of State’s office.
Law & PoliticsLink
IRS Fines Unbanked Pot Shops for Paying Federal Payroll Tax in Cash
Legal marijuana businesses without bank accounts are unfairly assessed a 10 percent penalty on federal employee withholding taxes they are forced to pay in cash. And rather than waive the penalty for cash-only businesses paying the tax on time, the IRS advised the companies to avoid the assessment by using techniques that amount to money-laundering.
GearLink
Magical Butter Machine MB2 Product Review
The Magical Butter Machine was developed for an easier way to make cannabutter than the relatively complex grind-decarboxylate-cook-strain-separate routine that people have been using for decades.