Articles Tagged: colorado

Colorado Cannabis Taxes off the Scale

February 26th, 2014 | By

colorado

Colorado’s recreational cannabis market has far exceeded people’s wildest dreams. Instead of the estimated $68 million in taxes it was expected to generate, new estimates put this amount at around $117 million per year.

Exact figures from January are to be released later this month. This amount included taxes from medical cannabis which is only taxed at a much lower rate of 2.9%.

The money will be used for various purposes including public health and awareness campaigns including $45 million on preventing youth’s from smoking weed. How you actually achieve that I would love to know. Other money may go into substance abuse treatment centers.

These huge figures do not include an extra 15% cannabis excise tax levied on all sales – of which an estimated $40 million will be used in the construction of new schools.

“Voters and state lawmakers around the country are watching how this system unfolds in Colorado, and the prospect of generating significant revenue while eliminating the underground marijuana market is increasingly appealing”

said Tvert from the Marijuana Policy Project.

10 Reasons To Keep An Eye On Cannabis in 2014

January 4th, 2014 | By

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The Sanjay Gupta CNN Documentary

A great documentary which shines a light into the magic of medical cannabis – for a child.

Watch how a little girl comes backs from horrifying illness and almost certain death to live a normal life – with her parents then meeting their daughter’s true self properly for the first time. Incredible stuff. Youtube link.

 

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Human trials for cannabis as a treatment for brain cancer begin

Need we say more? Trials begin for the treatment of Glioblastoma Multiforme using Sativex.

Remember, ‘Sativex’ is cannabis, so whatever they may say, they are treating brain cancers with their own version of concentrated cannabis which anybody can make.

Rick Simpson has been successfully treating people with cancer for years using cannabis oil.

 

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Boston study says marijuana not harmful

A Boston Medical Center and Boston University School of Medicine study finds no relationship whatsoever between marijuana use and healthcare utilisation.

So even daily marijuana users can chill out. The only way you are going to be harmed by this plant is by being hit over the head with it. Or by being arrested because of it.

 

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Uruguay legalizes and neighbours immediately consider following their lead

Uruguay completely legalised their cannabis market in 2013 – setting the price at 1$ a gram! Argentina’s drug tsar Juan Carlos Molino recently stated that:

 “Argentina deserves a good debate about this. We have the capacity to do it. We should not underestimate ourselves”.

Recent polls in Buenos Aires suggest that 81% of people are in favour of legalisation of cannabis. South America could soon be greener than the North!

 

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Switzerland have completely decriminalised cannabis

The Swiss (who are already extremely sensible about cannabis, though laws vary from internal state to state) very recently introduced new cannabis legislation.

The Swiss parliament totally decriminalised marijuana use on the 1st of October as long as you have less than 10 grammes in your posession.

 

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Cannabis cafes in Berlin are coming soon

The Berlin parliament have voted and agreed on the idea of cannabis cafes in the city. Which European capital will fall next? Manchester would like to lead the UK.

Keep an eye on Europe. Remember with Spain and Holland, we’re already half way to a legal market – in the face of full legalisation in the US, it seems ridiculous to consider that anything resembling prohibition will be continuing for any meaningful amount of time here, but I’m sure some idiotic fools will prove me wrong.

 

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Danny Danko the High Times editor appears on the Wall Street Journal

It’s almost too good to be true. I am still pinching myself. Who thought we would be seeing this in 2014? I repeat. Danny Danko, the High Times editor, appears on the Wall Street Journal! Just wow.

 

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Colorado and Washington legalize for recreation

Recreational sales begin in earnest in Colorado – and the lines are big! Whether stocks are going to last or not remains to be seen, but a certain scene in the film ‘Jaws’ where they realize they are going to need a bigger boat springs to mind.

 

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Moroccan legalisation plans

Morocco who produces over 40% of the world’s hashish supply are keen to legitimize the main cash crop of their country.

Even BusinessWeek think they might.  Just imagine a legal Moroccan hashish export market!  Only months ago such things would be dismissed as hogwash. Not today. A spokesman for the government said:

“We think this crop can become an important economic resource for Morocco and the citizens of this region”

 

 

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American Herbal Pharmacopoeia release cannabis monograph

The American Herbal Pharmacopoeia finalized its cannabis monograph to lay down standards for botanical identity, purity, analysis, and quality. This new monograph will also provide instruction on cannabis growing, storage and curing etc.

Required reading for any serious cannabis enthusiast and further proof that cannabis is coming back to the medicine cabinet to stay.

 

Calm Down Colorado

November 26th, 2013 | By

colorado

Great news in the US as the first ever legal cannabis sales in the world are taking place. Or are they? They aren’t.

Despite the headlines, in places that should know better, they are wrong.

Huffington Post: World’s First Recreational Marijuana Sales License Issued In Colorado

Wrong.

Forbes:  World’s First Recreational Marijuana Sales License Issued In Colorado

Wrong.

Why is this wrong?

Because recreational cannabis has been available in India for a very long time indeed. The first recorded use was around 1000 BC.

What is more, it is sold at government licensed ‘bhang’ shops, as they are called. They just don’t call them dispensaries.

Let us consult Wikipedia:

“Bhang has been used as an intoxicant for centuries in the Indian sub-continent”

and further:

“Cultivation of cannabis is government regulated, and illegal without a government permit. Sale of bhang is also government regulated and illegal without a permit.”

So the people of India are selling cannabis to the people via government licensed and regulated shops. Doesn’t that sound familiar to you at all? There has been a Bhang shop in Jaisalmer, since 1977.  I visited one in Pushkar. You can’t beat a good bhang lassi.

So, I’m afraid Colorado, this is not the first ever time that this has happened.

Nevertheless, this is indeed a historic moment marking the beginning of the end of a very nasty period of unnecessary and evil marijuana prohibition. I am still struggling to believe it’s actually happening.