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Tag Archives: Marijuana News

By | September 28, 2014

Study Predicts $3B in Taxes for U.S. if Cannibis Nationally Legalized

Taxes have been a primary motive for legislators to consider the legalization of retail marijuana sales. With Colorado collecting $2.5 million in cannabis-related excise taxes during the first two months of sales and $30 million in sales, the apparent...

By | September 3, 2014

I-502 Ban Passes First Test

A judge in Washington State has upheld a municipality’s authority to ban marijuana retailers, though not under federal law. Judge Ronald Culpepper ruled that the city of Fife can deny retailer licenses to prospective cannabis businesses, but he said...

By | July 20, 2014

Baked Goods are a Go, Candies a No

The the retail marijuana industry is starting to take shape in Washington, and the Washington State Liquor Control Board is continuing to shape the regulations that will guide the new industry. The newest adopted rules outline what food products...

By | July 15, 2014

Marijauna States’ Rights Issue Says White House

The Obama administration believes marijuana policy is a states’ rights issue, the White House said Monday in opposing Republican led legislation that would prevent Washington, D.C., from using local funds to decriminalize marijuana possession. The GOP-sponsored House amendment would...

By | July 13, 2014

Oregon Watching and Learning from Washington Retail Marijuana Rollout

If Oregon legalizes recreational marijuana this November, it will become the third state in the nation behind Washington and Colorado, both of which passed ballot initiatives in 2012. Oregon will be watching Washington closely, and will have the advantage...

By | July 8, 2014

First Retail Marijuana Stores in Washington Open Today

The Washington State Liqueur Control Board handed out the first of the retail marijuana facility licenses just a couple days ago, and today the first stores are opening their doors. The state Liquor Control Board issued recreational licenses to...

By | July 2, 2014

Seattle’s First Retail Marijuana Set to Open on Tuesday

July 8, 2014 That’s the day that Seattle’s (and possibly Washington’s) first retail marijuana shop Cannabis City is scheduled to open. Owner James Lathrop currently only has 10 pounds of product, which he is expecting to sell out of...

By | June 23, 2014

Marijuana May Be Removed from Schedule 1 List

Originally listed as a Schedule 1 drug in 1970, the Food and Drug Administration is conducting an analysis at the Drug Enforcement Administration’s request on whether the U.S. should downgrade the classification of marijuana as a Schedule 1 drug....

By | May 13, 2014

Seattle Credit Union Moves toward Serving Marijuana Growers

The Seattle-based nonprofit once known as Group Health Credit Union changed its name in 2010 to evoke a green, leafy, hardy plant seen as having medicinal properties. A first for Western Washington that could ease fears that truckloads of...

By | May 13, 2014

Colorado Approves World’s First Marijuana Banking System

Colorado lawmakers approved the world’s first financial system for the marijuana industry, a network of uninsured cooperatives designed to give pot businesses a way to access basic banking services. The U.S. Treasury Department said in February that banks could serve...

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