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california-marijuana-flag.jpegadmin | Toke of the Town

It’s a big step towards national legalization.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

Boosted by support from younger voters, California is poised to legalize REC on Tuesday, creating the world’s largest cannabis market.
Manufacturers are  getting ready. So are tech start-ups. MED sales in the state climbed 132% between 2010 and 2015. Growers are bracing for a price crash.

One of the biggest cannatech raises to date.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

Delivery service Eaze raised $13M from venture capitalists including the Winklevoss Brothers.

Cannabis has a $2.4 billion economic impact in Colorado, according to a report from the Marijuana Policy Group. It predicts that sales in the state will plateau at $1.5 billion in 2020. The industry has created18,000 jobs in the state (not all of them directly) and is bigger than Colorado’s craft beer industry.

hou_news_20160220_hillaryclinton_marcotorres_0017Marco Torres

She doesn’t seem very enthusiastic about full legalization though.

Here’s your daily round-up of pot-news, excerpted from the newsletter WeedWeek. Download WeedWeek’s free 2016 election guide here.

A document preparing Hillary Clinton for her primary debates and released by WIkiLeaks suggests that as President she would continue President Obama’s hands-off policy towards state-legal marijuana industries, as long as they follow broad federal guidelines. Her talking points also suggest some openness to industry banking. (See page 97 of the document for more details.)

marijuanaalcohol.jpegadmin | Toke of the Town

Potentially a model for the country as well.

Here’s your daily round up of pot news, excerpted from the newsletter WeedWeek.

Politico explains how California’s REC initiative, if passed, will disrupt the existing supply chain and provide a windfall to distributors. No other state has a similar model.

A majority of California Latinos oppose legalization, though it’s somewhat more popular among younger voters.

marijuana-computer.jpgadmin | Toke of the Town
The service also failed to protect customer information.
Here’s your daily round up of pot news, excerpted from the newsletter WeedWeek.

Irvine, Calif.-based Weedmaps is full of bogus dispensary reviews, according to an investigation by the L.A. Times.

Reporter Paresh Dave looked at nearly 600 businesses reviewed on the site and found that 70% included reviews submitted from a single IP address (i.e. a single computer). A textual analysis found that 62% of reviews on the site are “fake.”

Weedmaps, a Yelp-like service with operations in several states, had stored the IP addresses of anonymous reviewers, in its publicly available code. A Weedmaps executive said the 62% figure is far too high, and emphasized that reviews are only part of the product.

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While the War on Drugs has become the largest political sideshow the United States has even produced, there is simply no denying the heaping helping of humor that has manifested from the nation’s lust for the dust and Uncle Sam’s madcap approach to keeping their nose clean, so to speak. Yet, that has not stopped thousands of people every year from pushing bags of brown, white and green dope into nearly every orifice of their bodies, in hopes of bamboozling drug-sniffing authorities all over the country.
Unfortunately, while squeezing a fat sack of crack between your butt cheeks can sometimes be an effective method for avoiding a shakedown, the moment some large meathead cop whispers something in your ear like, “What’s your sign, sailor,” there is a damn good chance you are about to fisted in the back room by a group of sexually confused law enforcement cronies.

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Commons/CBurnett.


Update, 5/1/14: We love when we are wrong about things like this. The Iowa legislature officially passed their CBD-only bill this morning, with the bill clearing both the House and Senate by 4:30 a.m. today.
The bill, which would allow sick Iowans with a doctor’s reccomendation to purchase CBD oil out of state then bring it back to Iowa, passed the house with a 75-20 vote and was approved by the senate with a 38-8 vote. The bill now heads to Gov. Terry Branstad for his signature.

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Washington D.C.

The Washington D.C. Board of Elections Tuesday approved a ballot measure that would legalize the possession and cultivation of limited amounts of cannabis for adults 21 and up. Supporters now have to have to finalize the language on the measure in the next 20 days and will begin collecting signatures after that to get the proposal on the November ballot.
The moves comes despite warnings from the Washington D.C. city attorney general that passing such a bill would force a confrontation with the U.S. Congress which must give final approval to any changes to D.C. law. Congress could block the law with approval from the president.

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