United States

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USA
the states
the US
Mon
27
Feb

Cannabis taxes heighten competition

On March 7, Sonoma County voters decide whether to hit local cannabis businesses in unincorporated pockets of the county with annual tax up to 10 percent of revenue. Santa Rosa plans a similar tax, slated for vote in June.

Cannabis growers and other operators who morph from illegal to legal operations and absorb tax burdens at local, state and federal levels will potentially see other operators who stay in black-market shadows gaining competitive advantages. Will they turn in competitors who shirk taxes?

That sticky business conundrum looms over the fast-growing cannabis industry now that statewide voters pushed it out of prohibition into legitimacy and created a taxation target for government.

Mon
27
Feb

Petition Urging Trump To Keep Marijuana Campaign Promise Approaches 20k Signatures

The marijuana community has been waiting on pins and needles to see how the Trump administration would approach marijuana policy. Trump has several long time marijuana opponents as part of his team, and many veteran activists have been fearing the worst, while at the same time trying to not jump to any conclusions. This last week Press Secretary Sean Spicer indicated that ‘greater enforcement’ of federal law could be on the horizon, at least on the adult-use side.

Mon
27
Feb

71% oppose enforcing federal marijuana laws in states where the drug is legal

stark rejoinder to what Sean Spicer said on Thursday about applying federal drug laws to recreational marijuana use even in states that have legalized the drug. The public’s not keen on that idea.

And neither is Trump’s party:

Fri
24
Feb

Free Press is Under Attack: White House Bars New York Times, CNN and Politico from Briefing

Journalists from The New York Times, CNN and Politico were prohibited from attending a briefing by President Trump’s press secretary on Friday, a highly unusual breach of relations between the White House and its press corps.

Reporters from The Times, CNN and Politico were not allowed to enter the West Wing office of the press secretary, Sean M. Spicer, for the scheduled briefing. Aides to Mr. Spicer allowed in reporters from only a handpicked group of news organizations that, the White House said, had been previously confirmed to attend.

Organizations allowed in included Breitbart News, the One America News Network and The Washington Times, all with conservative leanings. Journalists from ABC, CBS, The Wall Street Journal, Bloomberg, and Fox News also attended.

Fri
24
Feb

CBA releases statement on White House comments regarding adult-use cannabis

The Cannabis Business Alliance (CBA) has released a statement regarding recent comments from the White House on adult-use marijuana.

Fri
24
Feb

Local businesses react to White House hinting at marijuana crackdown

Is pot in the hot seat?

Local businesses were caught off guard after Press Secretary Sean Spicer hinted that there would be “greater enforcement” of recreational marijuana.

“There’s a big difference between (medical marijuana) and recreational marijuana,” said Spicer in a news conference Thursday. “And I think when you see something like the opioid addiction crisis blossoming in so many states around this country, the last thing we should be doing is encouraging people.”

Dr. James Lathrop, owner of Cannabis City in Seattle, said the only distinction between medical and recreational marijuana is access, and connecting marijuana to opioid addiction is misleading.

Fri
24
Feb

Recreational marijuana threatened by Trump? Believe it.

Will President Donald Trump make any changes to the federal government’s position on marijuana?

Fri
24
Feb

Congressional Cannabis Caucus Unites to Protect Marijuana Industry

The uncertainty created by President Donald Trump’s views on marijuana legalization -- especially recreational marijuana –--has led a four members of the House of Representatives from states that have legalized cannabis to band together on behalf of the cannabis industry.

Led by Congress members from states where recreational marijuana is legal, the Congressional Cannabis Caucus will seek to sponsor legislation that aids the growing marijuana industry and fight attempts by the Trump Administration to crackdown on pot businesses.

Rep. Dana Rohrabacher, R-California, is a founder of the caucus along with Rep. Earl Bluemenauer, an Oregon Democrat; Rep. Jared Polis, a Colorado Democrat and Republican Rep. Don Young of Alaska.

Fri
24
Feb

3 Reasons to Think Twice About New Cannabis ETF

How do you know when you might be in a market bubble?

Well, for starters, you start hearing from 24-year-olds about how much money they’re making off one of this country’s hottest stocks: Canopy Growth Corp. (TSX:WEED) — a company with a $2 billion market cap despite just $30 million in revenue over the past 12 months.

Fri
24
Feb

Friday Funny: When the Respect State Marijuana Laws Act hits the House floor

Ok, this isn't the funniest comic we've posted, but it sure is timely considering Sean Spicer's comments yesterday.

It's time to take action. If you're on this website you likely have something to lose if the Trump Administration has its way. Here's what you can do:

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