Election 2012

Colorado Residents Could Get Tax Refund from Legalized Marijuana

DENVER, CO —  When voters approved Amendment 64 in 2012, taxing and legalizing marijuana was intended to raise revenue for the state and its schools, but some of that tax money may now go directly into residents’ pockets. Colorado’s state constitution limits how much tax money the state can take in before it has to give some back. […]

Post Legalization In Colorado, Marijuana Arrests Way Down

DENVER, CO — The pro-reform group Drug Policy Alliance recently released a comprehensive report examining Colorado’s first full year of retail sales of recreational marijuana. DPA reports that in 2010 Colorado had 9,022 cannabis possession arrests; in 2014 it had 1,464 arrests (an 84% reduction). Also, cannabis cultivation and selling offenses were also down 90% […]

Legalization in Washington: Marijuana Shortage Turns Into Pot Glut

SEATTLE, WA — Washington’s legal marijuana market opened last summer to a dearth of weed. Some stores periodically closed because they didn’t have pot to sell. Prices were through the roof. Six months later, the equation has flipped, bringing serious growing pains to the new industry. A big harvest of sun-grown marijuana from eastern Washington […]

Medical Marijuana Advocates Praise Seattle Mayor’s Regulatory Approach, Condemn City Attorney’s ‘Plan to Tax the Sick’
Patients call on state legislature to pass regulations that preserve and protect 16-year-old medical marijuana program

SEATTLE, WA — Medical marijuana patient advocates praised a regulatory plan put forth earlier this week by Seattle Mayor Ed Murray, while condemning the new aggressive enforcement approach proposed by City Attorney Pete Holmes. In addition to seeking taxes for patients under the guise of “waivers,” Holmes suggests arresting and prosecuting medical marijuana providers, and abolishing […]

Oklahoma Republicans Encourage AG to Drop Lawsuit Against Colorado Over Marijuana Legalization

OKLAHOMA CITY, OK — Citing concerns that it could undermine their own state’s fight to govern themselves under the 10th Amendment, several Republican lawmakers in Oklahoma are urging Attorney General E. Scott Pruitt to drop his lawsuit against the state of Colorado’s legalization of marijuana. The lawsuit, titled States of Nebraska and Oklahoma v. State of Colorado, […]

Massachusetts Issues First Medical Marijuana Dispensary Certificate

BOSTON, MA – The Massachusetts Department of Public Health has issued the state’s first certificate of registration for a marijuana dispensary. The certificate was given to Alternative Therapies Group, Inc., allowing it to begin growing marijuana for medical use. Before the company is allowed to sell or transport marijuana, the dispensary will need to undergo […]

Colorado Attorney General Says Home Hash Oil Extraction is Illegal

DENVER, CO — Colorado’s Attorney General on Tuesday said the state’s landmark marijuana legalization law does not allow people to extract butane hash oil from cannabis plants in their home. Attorney General John Suthers said Amendment 64, which was passed by voters in 2012 and legalized recreational marijuana for adults, “expressly prohibits” people from personally producing […]

Colorado Grants Charter to Credit Union for Cannabis Industry
The Colorado Division of Financial Services issued the charter Wednesday to The Fourth Corner Credit Union, which could open in January.

DENVER, CO — Colorado has granted a charter for the first financial institution to serve its cash-only marijuana industry. However, before it can open permanently for business, action is also required by the National Credit Union Administration and Federal Reserve. The Colorado Division of Financial Services issued the charter Wednesday to The Fourth Corner Credit […]

Washington’s First Retail Marijuana Auction Nets $600,000

PROSSER, WA — Washington state’s first marijuana auction brought in about $600,000. Fireweed Farms of Prosser sold about 300 pounds of pot to state-licensed processors and retailers Saturday. Bidding took place under a black tent fronted by tall heaters, and the event was monitored by at least two representatives of the Washington Liquor Control Board. […]

MJ Freeway Announces Full Integration With Washington State LCB’s Seed-to-Sale Traceability System for Retail Marijuana Sales

DENVER, CO — MJ Freeway, a cannabis business software platform, has to announced its integration with the Washington State Liquor Control Board’s traceability system. MJ Freeway serves cannabis cultivators, infused product producers and dispensaries in providing its premier business management platform built from the ground up specifically for the marijuana industry. MJ Freeway provides integration with […]

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