Pot License Values Soar

Press Banner:  “The so-called “green rush” has jarred Santa Cruz County, where the value of a retail cannabis license has soared to more than $2 million.  Of the 14 dispensaries in the county, four have changed hands in the last 12 months. . . . What’s driving the prices up, according to sellers and lawyers, is the July passage of the Medicinal and Adult-Use Cannabis and Safety Act that allows owners to possess two licenses – medical and recreational – and sell both products at the same location.

 

By |2017-09-06T17:42:33-07:00August 31st, 2017|California News, Stories & Articles|Comments Off on Pot License Values Soar

Maricopa County Assessor Wants to Tax Marijuana Dispensaries

Phoenix New Times:  “Medical-marijuana businesses in Maricopa County haven’t been paying as much in property tax as they could.  County Assessor Paul Petersen wants to change that.  Over the next few years, his plan to start enforcing business personal property tax on dispensaries and cultivation facilities is expected to yield millions of dollars in new revenue for county schools and community colleges.”

See also “Maricopa County taxman to medical-marijuana businesses: Pay up or else.”

By |2017-08-27T08:24:38-07:00August 25th, 2017|Stories & Articles, Tax Issues|Comments Off on Maricopa County Assessor Wants to Tax Marijuana Dispensaries

133% Leap in Children Admitted to ER for Pot

CNN:  “As attitudes about marijuana shift around the world, researchers are warning parents that it’s risky to keep it around children, especially those who are too young to know what it is.  The number of children who were admitted to emergency rooms for unintentional marijuana intoxication increased by 133% in France over an 11-year period, according to a new study.  Marijuana intoxication can occur when a child accidentally ingests a marijuana product or inhales marijuana smoke.”

By |2017-09-06T18:59:18-07:00August 14th, 2017|Stories & Articles|Comments Off on 133% Leap in Children Admitted to ER for Pot

Marijuana Politics Emerge as 2020 Flash Point

Politico:  “Marijuana legalization just moved from the fringes of the last presidential campaign to center stage in 2020.  Between a sweeping new package of legislation introduced last week by one of the top Democratic presidential prospects and, on the other end of the spectrum, Attorney General Jeff Sessions’ vigorous opposition to recreational use of marijuana, the debate over legalization of cannabis is about to receive a full airing on the presidential campaign trail.  While Bernie Sanders also supported medicinal use of marijuana and the decriminalization of recreational marijuana, drug policy stayed on the outskirts of the 2016 presidential debate, and growing action at the state level was barely acknowledged.  Tom Angell, chairman of Marijuana Majority, a bipartisan nonprofit advocacy group, said New Jersey Sen. Cory Booker’s introduction of “the farthest-reaching bill ever proposed” will have a catalytic effect on the politics of legalized marijuana and the myriad criminal justice issues related to it.”

By |2017-09-06T19:03:17-07:00August 13th, 2017|Stories & Articles|Comments Off on Marijuana Politics Emerge as 2020 Flash Point

Study Finds Marijuana Has Three-fold Blood Pressure Death Risk

Reuters:  “People who smoke marijuana have a three times greater risk of dying from hypertension, or high blood pressure, than those who have never used the drug, scientists said on Wednesday.  The risk grows with every year of use, they said.  The findings, from a study of some 1,200 people, could have implications in the United States among other countries.

By |2017-08-10T18:08:03-07:00August 8th, 2017|Stories & Articles|Comments Off on Study Finds Marijuana Has Three-fold Blood Pressure Death Risk

California Has too Much Pot

Los Angeles Times:  “A leader of California’s marijuana industry warned Wednesday that the state’s cannabis growers produce eight times the pot that is consumed in the state so some will face “painful” pressure to reduce crops under new state regulations that will ban exports after Jan. 1.  Some marijuana growers will stay in the black market and continue to illegally send cannabis to other states, which is also not allowed under federal law, said Hezekiah Allen, executive director of the California Growers’ Assn.  ‘We are producing too much,” Allen said, adding state-licensed growers “are going to have to scale back. We are on a painful downsizing curve’.”

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By |2017-08-08T08:15:41-07:00August 8th, 2017|California News, Stories & Articles|Comments Off on California Has too Much Pot

Pollution from Illegal CA Marijuana Farms Creates Toxic Waste Dumps

Daily Mail:  “In California, illegal marijuana farms are taking over thousands of acres of land as toxic wastes are increasingly corrupting ecosystems. California is responsible for the majority of illegal U.S. marijuana farming. New data says the state holds ‘731,000 pounds of solid fertilizer, 491,000 ounces of concentrated liquid fertilizer and 200,000 ounces of toxic pesticides.’ The United States Environmental Protection Agency announced in 2011 its planned to ban toxic fertilizers like zinc phosphide. Chemicals of the kind have been linked to serious health effects in both animals and humans.

By |2017-08-08T08:22:51-07:00August 7th, 2017|California News, Stories & Articles|Comments Off on Pollution from Illegal CA Marijuana Farms Creates Toxic Waste Dumps

Seniors Take Cannabus to Medical Marijuana Dispensary

The Californian:  “a big white bus was waiting to whisk 14 seniors off on a new adventure: a shopping trip at a medical marijuana dispensary.  ‘I don’t want a buzz,’ passenger Kay Nelson insisted, shaking her silver head. ‘I want relief from pain.’  Nelson has been a member of the Laguna Woods Medical Cannabis Club for two years. She uses a vaporizer and oils supplied by the senior-run collective to ease her chronic backache.”

By |2017-08-08T08:27:53-07:00August 4th, 2017|California News, Stories & Articles|Comments Off on Seniors Take Cannabus to Medical Marijuana Dispensary