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Search Results: aldworth (4)

Colorado Marijuana Legalization Would Add $60 Million A Year

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By on Legislation, News

~ alapoet ~

New Report Documents Fiscal Impact of Amendment 64, the Initiative to Regulate Marijuana Like Alcohol
Nearly $60 Million Saved and Generated for Colorado in First Year; Up to $120 Million in New Revenue and Savings Projected after 2017 
A new report released Thursday by the Colorado Center on Law and Policy (CCLP) documents that Amendment 64, the Initiative to Regulate Marijuana Like Alcohol, would provide the state savings and tax revenue of nearly $60 million in its first year. According to the report, the state is conservatively projected to save and earn up to $120 million annually after 2017. 
Amendment 64 proposes a system to regulate and tax marijuana in Colorado similarly to alcohol. In addition to state and local sales taxes, the initiative directs the General Assembly to enact an excise tax of up to 15 percent on wholesale sales of non-medical marijuana.
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Cannabis Industry Group Sponsoring Medical Marijuana Business Conference

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By on Dispensaries, News, Products

NCIA

More Than 200 of America’s Cannabis Entrepreneurs Expected to Attend
 
The National Cannabis Industry Association announced Tuesday that the organization will be the Premier Sponsor of the National Marijuana Business Conference to be held at the Sherman Street Event Center in Denver on November 8 and 9, 2012.
More than 200 medical marijuana dispensary operators, infused product manufacturers, and related entrepreneurs are expected to attend the conference produced by MMJ Business Daily, an online news service for medical cannabis professionals.
NCIA Executive Director Aaron Smith and Director of Public Affairs Steve Fox will both be on hand at the conference to provide analysis of how November election results will affect the medical marijuana industry moving forward both nationally and on a state-by-state basis.
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Lesson No. 1: Never, Ever Invite The DEA Over

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By on Medical, News

Photo: howstuffworks.com
It’s important to remember that the possession of marijuana — for any purpose, even lab testing — is still illegal under federal law, without a DEA license. And if you ask for a license, they will come search you.

​As Colorado’s fledgling medical marijuana industry goes through some growth pains related to its profitable proliferation, a few lessons are being learned (relearned?) here and there.

And one of the most important of these is:
Never invite the federal Drug Enforcement Administration over to your place when there’s pot everywhere.

Employees of Denver marijuana testing facility Full Spectrum Laboratories learned that recently, after formally applying for an analytical lab license through the DEA, reports Joel Warner at Westword.
Turns out, applying for a DEA license means that you’re inviting them over for a visit.
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Marijuana Advocates Condemn Federal Raid Of Denver Potency Lab

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By on Dispensaries, Medical, News

Photo: Westword
Cannabis potency testers Full Spectrum Laboratories were raided by federal agents Wednesday. Marijuana samples were seized, but no arrests were made.

​Federal agents from the Drug Enforcement Administration earlier this week raided a Denver potency testing laboratory and seized medical marijuana samples.

Cannabis advocates say the federal raid is the latest example of continued official harassment of the medical marijuana industry, reports John Ingold at The Denver Post.
The raid of Full Spectrum Laboratories happened on Wednesday, according to Betty Aldworth, the lab’s outreach director. Aldworth said federal agents took dozens of medical marijuana samples, both small amounts of pot and test tubes of “extraction fluid,” but left the lab’s equipment.
No employees were arrested.
Aldworth was at the State Capitol to watch lab co-owner Bob Winnicki testify about State Senator Chris Romer’s new medical marijuana bill when both Full Spectrum employees got an email letting them know the DEA had “stopped by” the lab, reports Michael Roberts at Westword.
By the time Aldworth and Winnicki got back to the lab, “it was full of DEA agents” and other local law enforcement hangers-on who spent the next several hours seizing all the marijuana they could find.
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