Category Archives: Legality of cannabis
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Assembly bill in California to regulate medical marijuana fails
SACRAMENTO, Calif. (AP) — A bill to regulate the sale of medical marijuana in California has failed in the Assembly. The legislation from Democratic Assemblyman Tom Ammiano of San Francisco would have monitored the production and sale of medical marijuana through the state’s alcohol enforcement department. AB473 fell six votes short of a majority Friday. Ammiano said his bill would not have prevented further regulations on the local level. About... Read more »
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Medical Marijuana in California: “Complete Chaos” – Will the Regulation Bill Help?
News from California – A bill passes the California Assemply Committe that may once and for all regulate marijuana collectives statewide. The state of California should have passed a bill like this years ago so it should be interesting to see how this pans out. Assemblyman Tom Ammioano says medical marijuana in California is “chaos” – and that is no understatement. Here is the full story… California Medical Marijuana Regulation Bill... Read more »
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38% Marijuana Tax in Colorado – A bit much?
Want to buy legal marijuana in Colorado? Might want to re-think that… Lawmakers this week are discussing a bill that heavily taxes legal marijuana. According to the article below, the bill includes a 15% excise tax and a 15% special sales tax. Plus, you can’t forget about the existing local and state taxes. This means that in some areas such as Denver, there would be a marijuana tax rate of... Read more »
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Video – New Poll Shows Majority of Americans Think Marijuana Should Be Legalized
Does this really surprise anyone? It doesn’t us but this sure is making headlines. A new poll is out showing that 52% of Americans think pot should be legal. Apparently in 1969 84% of American’s opposed legalizing marijuana. So in the last 44 years (which is quite a long time) American’s views on marijuana have shifted. Is this a sign of future legalization nationwide? We are doubting that will happen... Read more »
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Video: How to Invest in Medical Marijuana
With the recent medical marijuana legalization in Washington and Colorado, business experts are calling this the “green” rush for entrepreneurs. Businesses centered around legal marijuana are sprucing up left and right in WA and CO. So how exactly do you go about investing in this ever-green opportunity of legal, medical marijuana? I found the video above from the Wall Street Journal. It gives some great tips for investors who are considering investing... Read more »
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