Showing posts with label Legality of cannabis. Show all posts
Showing posts with label Legality of cannabis. Show all posts

Sunday, September 24, 2017

Cops Delete Facebook Post Of Massive "Weed" Bust After The Internet Corrects Them

Authored by Carey Wedler via TheAntiMedia.org,


Last week, officers from Missouri’s Jasper Police Department celebrated a marijuana bust they deemed worth roughly $100,000.


In a now-deleted Facebook post, they disclosed their satisfaction with their operation, which took ten cops and sheriff’s deputies and a National Guard helicopter to conduct.



As the Riverfront Times noted (grabbing screenshots before the post was taken down):





"’What a great team effort today,’ the Jasper department’s now-deleted post read. ‘It was hot and humid and not easy getting these plants. We ALL got in the thick of things and got it done.’



The Times summarized the post’s sentiment:





“In a curious bit of show-your-work math, the department calculated the nearly 290 plants seized would have produced — “on the low side” — 63 pounds of marijuana with a “street value” of roughly $100,000.”



But commenters were quick to point out an apparent flaw in the officers’ bust: it wasn’t cannabis they had seized, but hemp, they said.


You can’t get high from smoking hemp, and the material can be used to create anything from clothing, soap, paper to sails, rope, fuel, and concrete, called “hempcrete.” It is both durable and sustainable.





That’s hemp,” one comment bluntly said, according to the Times, though the rest of the comments are not available to view because the original post has been removed.



One of Missouri’s two entities allowed to grow hemp for certain medicinal purposes, Mitch Meyers of BeLeaf, said, Sure looks like hemp to me.”



These look to me like wild hemp plants, because they are tall and without buds,” Show-Me Cannabis Executive Director John Payne told the Times, which sent images of the confiscated plants to several experts. 



That probably means that no one was actively cultivating them. If that’s the case, the street value of those plants is next to nothing.”



Many comments echoed similar sentiments, “as the post racked up hundreds of comments, among them mocking congratulations to cops for confiscating the raw material of natural fiber rope,” the Times reported.“Jasper Police, who cover an area about twenty miles northeast of Joplin, pulled the post on Wednesday morning.”


However, there is still some doubt as to whether the plants were hemp or cannabis. Dr. Jason Strotheide, founder of licensed hemp grower Noah’s Arc Foundation, said it is “nearly impossible to tell the difference between hemp and marijuana until late in flower.


Rusty Rives, police chief of the Lamar Police Department, which participated in raid stuck by the claim that it was weed. “I’m just looking at the picture,” he said. “but they look like marijuana plants to me.”


It doesn’t matter either way. Both are illegal in the state of Missouri despite nationwide efforts to legalize both marijuana and the hemp plant.


The Times had difficulty obtaining comment other officials involved, but by last Thursday, Jasper police chief Chad Karr responded, defending the Facebook post.





The goal, Karr says, was never to brag about a bunch of pot plants, but rather to serve notice to a suspected meth dealer operating in the area. But the post reached many more people, accruing over 1,000 comments, Karr said, some of which were “abusive.”



As far as the “$100,000” estimation, “Karr says he tried to estimate conservatively. He admits he’s no expert when it comes to marijuana and doesn’t care to be.” However, he suggested the plants were not growing on their own, without human cultivation, because there were trails leading out to the field where they were confiscated.


Nevertheless, he claims cannabis is not an issue for him.





“I think the misconception is we go to work to bust pot heads,” he said. “I personally do not. I know what the problem is — it’s opiates and methamphetamine.”



Hopefully, his sentiment will continue to grow among law enforcement, who are increasingly trolled when they boast of cannabis busts on social media. The Times reports that for now, it doesn’t appear any charges have been filed over the plants.

Wednesday, September 13, 2017

Fleecing Taxpayers Won't Fix The Pension Crisis

Authored by Nick Giambruno via InternationalMan.com,


Public pensions are a financial time bomb... and I see two ways to profit from the explosion.


In the US, unfunded public pension liabilities have surpassed $5 trillion. And that’s during an epic stock and bond market bubble.


Predictably, the government’s go-to “solution” is already making matters worse.



At first, distressed states simply increase taxes.


The state comptroller of Illinois—the most financially troubled state thanks to its pension crisis—summed it up well. He said: “We can’t go bankrupt and we can’t print money. Taxpayers are going to have to pay this bill.”


State governments always squeeze property owners the hardest.


Last year, Americans paid over $300 billion in property taxes. In Illinois and other states, property tax bills exceeding $10,000 per year are not uncommon.


Most governments continually raise property tax rates, especially governments in bad financial health. It’s easy to simply ratchet up property taxes to bring in more revenue.


Case in point: Greece, where the country’s bankrupt government has made owning property a burden.


The following excerpt from The Guardian shows just how far Greece’s government has gone (emphasis mine):


The joke now doing the rounds is: if you want to punish your child, you threaten to pass on property to them… Greeks traditionally have always regarded property as a secure investment. But now it has become a huge millstone, given that the tax burden has increased sevenfold in the past two years alone.


It’s happened in Greece. It’s happened in Illinois, which has some of the highest property taxes in the US (and rising). And it will happen elsewhere, especially in states struggling to meet pension obligations.


Here’s an excerpt from a local Chicago news outlet. The telling headline reads “Cook County property tax bills cause outrage”:


“Our taxes increased fivefold,” said William Phillips of Rogers Park. “I was expecting it to go up maybe twice as much but not four to five times as much.”


“My tax bill increased almost $1,200 dollars,” said Cornes King of Chatham.


“More than tripled. The city’s piece more than tripled,” said Logan Square resident Janelle Squire.


Fleecing Taxpayers Won’t Fix This Crisis


Politicians don’t seem to realize (or care) that it’s mathematically impossible—and counterproductive—to try to solve the pension crisis by raising taxes.


Even if tax rates double in places like Illinois, it still won’t solve the problem. And that’s assuming the overall tax collected stays the same—which it wouldn’t.


Higher taxes would make more people leave the state and actually decrease the amount collected.


This trend is already underway. More than half a million people have left Illinois over the past decade. That includes over 3,000 millionaires who’ve fled Chicago in recent months.


Many left for a simple reason: rising taxes.


Nonetheless, raising taxes is exactly what politicians are doing. And they’ll continue to do it, even though they’re long past the point of diminishing returns.


The Other Easy “Solution”


Ultimately, the Federal Reserve will paper over the pension crisis by printing more currency.


Politically, it seems impossible that the government would default outright on its promises to millions of its own employees when the Fed can simply print more currency.


Ultimately, this will turn a local debt crisis into a national currency crisis. And many states will effectively default on their pension obligations anyway, since those payouts will be made with depreciated currency.


The pension crisis has clear investment implications for gold.


When the government tries to “solve” the pension crisis with the printing press, I expect investors to rush into gold.


Gold has been a reliable safe-haven asset for thousands of years. Unlike paper money, it has intrinsic value. That value does not depend on a politician’s promise.


I think gold will reach not just multiyear highs, but all-time highs.


That’s why you should position yourself now.


I think everyone should own some physical gold. Gold is the ultimate form of wealth insurance. It’s preserved wealth through every kind of crisis imaginable. It will preserve wealth during the next crisis, too.


Gold Isn’t the Only Way to Profit


The pension crisis is making states desperate for every penny they can get.


That desperation is making them open to new ideas. Necessity has a way of quickly changing people’s minds.


Because of that, I expect many states to further soften their marijuana laws as they look for more sources of revenue.


In many of the states that have or will legalize cannabis, the tax revenue will exceed that of alcohol and tobacco. That’s not something a cash-strapped state can turn away from.


Just look at what’s happened in Colorado, which legalized recreational use in 2012. Last year, its marijuana industry generated $1.3 billion in sales and $200 million in tax revenue.


A decade ago, Colorado was receiving zero in marijuana taxes.


The industry has also generated over $250 million in taxes for Washington state already.


In California, a recent study estimated that cannabis taxes would bring in at least $1.4 billion dollars each year.


Soon, cannabis tax revenue will become a permanent part of many state budgets. This will encourage other states to follow suit.


Cannabis taxes will generate a lot of money. Still, legalizing and taxing marijuana won’t solve the multitrillion-dollar pension crisis. However, for our purposes as investors, it doesn’t have to.


We’re betting that the pension crisis will boost the US marijuana industry.


It’s already forcing states to look for new sources of revenue. Inevitably (and probably soon), they’ll find the economic benefits of legalized marijuana too good to pass up.


Legalized medical marijuana has already been approved in 29 states, plus Washington, DC. And eight states (plus DC) have approved recreational use.


It’s only a matter of time before other states start cashing in on this trend, too.


And the best way for investors to cash in on the coming US legal marijuana boom is through select publicly traded cannabis companies.


Those who get into these companies stand to make a fortune in the months ahead.


That’s why we recently released a new exclusive video. It has all the details on how you can get in ahead of the herd. Click here to watch it now.

Saturday, August 5, 2017

A Cannabis Company Just Bought A Whole California Town

Authored by Carey Wedler via TheAntiMedia.org,


As cannabis grows increasingly acceptable in society and more states legalize it, everything from cannabis churches and resorts to yoga and restaurants are cropping up. And now, there will be an entire cannabis-inspired town.



American Green is a cannabis company based in Arizona, but they just bought the small California town of Nipton, located in San Bernardino County, and plan to convert into a municipality with a cannabis theme.



The company has a “state of the art” cultivation facility in Arizona and also sells hemp-based CBD (cannabidiol) products online and works to develop cannabis apps. They just spent five million dollars to obtain Nipton and plan to spend another $2.5 million creating their cannabis tourist attraction over the next 18 months.





We thought that showing that there was a viable means of having a cannabis-friendly municipality and further making it energy independent could be a way of really inspiring folks to say, ‘Why can’t we do that here?’” says the company’s consultant and project manager for Nipton, Stephen Shearin.



Bloomberg reports:





American Green plans to include a new facility to manufacture water infused with CBD, the cannabis component that is typically associated with reducing pain and inflammation. The new Nipton will also have a production site for edible marijuana products, retail stores, and artist-in-residence programs.”



In doing so, the company hopes to develop Nipton into a tourist attraction and make cannabis approachable and acceptable to a wider audience.They plan to manufacture products with smaller doses and provide a vending machine that ensures customers are of age using a biometric scanner.


American Green wants to make Nipton, which features natural mineral springs, a tourist destination. Shearin told Marijuana Business Daily that they plan to “open cannabis-themed bed and breakfasts, host culinary events, start artists-in-residence programs and more.”


They are in negotiations with edible and extract companies to set up shop in Nipton, as well as ship and distribute their products to other parts of the state.


Though they plan to be up and running by mid-October of this year, they still have to wait for the necessary state and local licenses to be able to cultivate and sell cannabis on the property.





If we have to wait until January and prepare for that and get that in place, and then build out the infrastructure to support it, we can still have a cannabis-friendly destination,” Shearin said.



It’s a master-planned community,” he told Marijuana Business Daily. “It’s designed to be very specific in terms of being legal, being a town and running it correctly. It’s designed to be open-ended in terms of what it can evolve into by partnering with the right company.”



They also want to build out the town’s mineral springs and create several CBD-infused water pools, expand an existing solar farm, and ensure there is enough lodging for future tourists.


And it’s not just Nipton they want to transform. They hope to change the entire region and make cannabis-based towns more acceptable and popular. We want to revitalize the region, not the town,” Shearin said, “and we want to do it in a way that other towns can say, ‘Look at that, they have this regulatory system that allows them to embrace cannabis while not offending people who may not be of that mindset.’”


For now, they are moving forward within California’s legal framework. Though President Trump’s Attorney General Jeff Sessions has threatened to crack down on legal cannabis, his future in the administration is uncertain, and it’s difficult to imagine a state like California giving up its recent voter decision to legalize the plant.


Fittingly, Nipton used to be a gold rush town. As Shearin said, The Gold Rush built this city. The Green Rush can keep it moving the way people envisioned it years ago. And he hopes to do it elsewhere:





“The plan is absolutely to duplicate this model in new cities.”


Thursday, August 3, 2017

It's Been Exactly 80 Years Since The US Declared War On Weed - And Weed Is Still Winning

Authored by Carey Wedler via TheAntiMedia.org,


The government fought cannabis - and cannabis won.



This Wednesday is the eightieth anniversary of the first major action the federal government took against cannabis in the United States, and eight decades later, that same federal government has still failed to reduce Americans’ consumption of the plant. In fact, it’s on the rise.


Long before the era of prohibition, druggists used cannabis as a medicine. According to Origins, a joint publication by the Ohio State University and Miami University history departments:





Cannabis, like opiates and cocaine, was freely available at drug stores in liquid form and as a refined product, hashish. Cannabis was also a common ingredient in turn-of-the-century patent medicines, over-the-counter concoctions brewed to proprietary formulas.



Then, like today, it helped people relax:





“The hashish candy advertised in an 1862 issue of Vanity Fair as a treatment for nervousness and melancholy, for example, was also ‘a pleasurable and harmless stimulant.’ ‘Under its influence all classes seem to gather new inspiration and energy,’ the advertisement explained.”



Though in 1906 the passage of the Pure Food and Drug Act required patent medicine companies to list cannabis as an ingredient in products where it was present – and between 1914 and 1925 26 states passed laws prohibiting it — it wasn’t until 1937 federal authorities took substantial action.


On August 2, 1937, Congress passed the “Marihuana Tax Act,” which was largely the result of anti-narcotic crusader Henry Anslinger’s mission to ban the plant. As Time has explained, creating a “tax” on the substance effectively outlawed it:





As with the Harrison Narcotic Act in 1914, Congress deemed an act taxing and regulating drugs, rather than prohibiting them, less susceptible to legal challenge. As a result, the 1937 legislation was ostensibly a revenue measure. Just as the Harrison Act used taxation and regulation to, in effect, prohibit morphine, heroin and other drugs, the Marijuana Tax Act essentially outlawed the possession or sale of marijuana.”



There are a variety of documented reasons for this ban. For one, Henry Anslinger was hysterically opposed to drugs. According to Origins, Anslinger,  a “former assistant commissioner of the Prohibition Bureau who headed the U.S. Treasury Department’s Narcotics Bureau from 1930 to 1962,” had previously advocated against a ban on cannabis because he believed it would be difficult to enforce (you don’t say!).


Origins explained:





However, Anslinger began to capitalize on fears about marijuana while pressing a public relations campaign to encourage the passage of uniform anti-narcotics legislation in all 48 states. He later lobbied in favor of the Marijuana Tax Act of 1937.



Many of these fears were the result of calculated campaigns in the 1920s by prohibition activists, who were inspired by their “success” in banning alcohol. Further, William Randolph Hearst, the infamous publishing magnate, launched a campaign to associate cannabis with violence and the degradation of society.





The association of murder, torture, and mindless violence with marijuana was not borne out by evidence or actual events but blossomed thanks to the vivid imaginations of the journalists charged with sensationalizing the tired story of drug use and addiction,” Origins noted.



Similarly, Anslinger sounded the alarm on the alleged murders and rapes people committed while under the influence of the devil’s lettuce. In 1936, the film Reefer Madness, which now plays like a comedy, warned of the psychosis, violence, and dangers cannabis could bring about. The film warned of “marijuana, the burning weed with its roots in hell.” Much of the testimony advocating the 1937 tax act focused on these unfounded fears, and Anslinger led the way.





How many murders, suicides, robberies, criminal assaults, holdups, burglaries and deeds of maniacal insanity it causes each year can only be conjectured,” he wrote in a 1937 article titled “Marijuana, Assassin of Youth.” (Today, some research suggests cannabis is not linked to increases in violent crime).



The only witness who testified against the proposed ban was a representative from the American Medical Association, who congressmen dismissed (Anslinger also made an effort throughout his career to discredit research suggesting cannabis was not dangerous). The bill easily passed, undermining legal cannabis and also outlawed the production of hemp. President Franklin D. Roosevelt signed it into law.


Another related driver behind the ban stemmed from racism within American society. Though cannabis had been used in medicines and hemp was used in industry to produce materials like rope (in the 1600s, colonists were actually required to grow it), Mexican immigrants introduced the practice of smoking the plant, which, “in turn, generated a reaction in the U.S., tinged perhaps with anti-Mexican xenophobia.” This fear spurred the 1906 regulation in the Pure Food and Drug Act and persisted into the 1930s.


As Rolling Stone noted, there had been conversations in the United States not just about cannabis use, but other drugs, since the late 19th century.





“But in the next 50 years, concerns about inebriation only translated into law if the substance wasn’t already controlled by a powerful industry, and if there was a perception, accurate or not, that a given drug was being used by poor people, immigrants, and people of color.



As fears surrounding substance use grew, Rolling Stone observed, they dovetailed with racist stereotypes about the poor and minorities that assumed these groups were more likely to commit crimes, be lazy, and lack self-control when it came to “sex, violence, and intoxication.


By 1952, Congress had passed the Boggs Act, which imposed strict mandatory sentences for various drugs, including cannabis. In the 1970s, the Controlled Substances Act was passed, placing drugs into “schedules” as we know them today.


Though Nixon touted the war on drugs as an effort to save society, one of his advisers, John Ehrlichman, reportedly claimed in the 1990s that they pursued cannabis as an effort to criminalize black and anti-war activist. Other former advisers then claimed Ehrlichman was either joking or mistaken, but a cursory examination of arrests for cannabis shows the war on weed has disproportionately affected African-Americans though they use the substance at roughly the same rate as white Americans.


Overall, according to the ACLU, cannabis arrests accounted for over half of all drug arrests between 2000 and 2010, and 88% of those were for possession.


Though states across the country have begun to legalize cannabis both for medicinal and recreational use, the federal government continues to dig its heels in. The DEA recently insisted that even cannabidiol, a non-psychoactive cannabinoid, falls into the ominous Schedule I category, which also includes MDMA, LSD, and mushrooms but fails to cover highly dangerous and toxic legal drugs like alcohol and opioids.


Many industries also continue to oppose cannabis legalization. The alcohol industry, the private prison industry, and prison guard and police unions all lobby against legalization.  Most notably, pharmaceutical companies fight to keep cannabis illegal, all while at least one opioid producer concocts its own synthetic cannabis with the approval of the same FDA and DEA that opted to keep cannabis a Schedule I drug.


But against all these odds, cannabis continues to beat the government and establishment’s decades-long fight against it.


Many Americans have outgrown the fears instilled in them through films like Reefer Madness and are beginning to accept a live-and-let-live mentality. Though more research on the plant is undoubtedly needed (and limited due to federal restrictions), preliminary scientific studies and anecdotal evidence suggest the plant has the potential to treat a variety of ailments, from epilepsy to nausea to Parkinson’s disease. Veterans are increasingly using it to treat PTSD.


The United States’ relationship with cannabis is coming full circle, returning to times when it was a common ingredient in everyday medications. Many Americans are opting to substitute opioids with cannabis for pain, and opioid overdose deaths are lower in states with legal medical cannabis. Cannabis also poses a threat to profits from other pharmaceuticals.


Beer company profits have fallen in states where cannabis is legal, and some states are even moving to legalize hemp.


Meanwhile, cannabis industry is expected to generate $20 billion annually by 2020, and police are frequently trolled for attempting to enforce cannabis laws that Americans increasingly perceive as petty and unproductive.


All the while, federal bureaucracies continue to lag behind, clinging to outdated myths and prohibitions that — over the course of the better half of a century — have been debunked and proven ineffective, which is unsurprising considering humans have been consuming the plant for well over 2,000 years.

Saturday, January 7, 2017

The High Life: Here Are The States Where The Most People Are Tokin' Up

After a slew of states across the country have decided to legalize medical and/or recreational use of marijuana, the Washington Post decided to take a look at the impact this new legislation has had on weed consumption by state.  Ironically the map looks a lot like the 2016 electoral college map with the highest levels of consumption per capita coming from the liberal strongholds of New England and the West Coast.  Meanwhile, Montana seems to be the one conservative outlier where people love both their individual liberties and tokin" up on the reg.


Overall, a study by the U.S. Department of Health and Human Services found that 22 million Americans like to light up on a monthly basis with closer to 37 million admitting they partake at least once a year.





According to one estimate by ArcView Group, a marijuana industry consulting firm, the legal marijuana market rang up $6.7 billion in sales in 2016.



Legal or not, millions of Americans already use marijuana regularly. According to the most recent National Survey on Drug Use and Health, 8.3 percent of Americans age 12 and over -- 22 million people -- used marijuana on a monthly basis in 2015. And close to 37 million people used marijuana at least once that year.



Weed Use



Meanwhile, it"s readily apparent that the highest marijuana use per capita comes from states where the drug has been legalized for medical and/or medicinal purposes.





In the 2014-2015 period (years are paired for state-level data to provide bigger sample sizes), nearly a quarter of people in places where recreational pot is legal -- like D.C. and Colorado -- used some form of marijuana at least once a year.



That"s nearly double the national average, and it"s close to three times the rate for the most pot-abstinent states, like Alabama, Mississippi and Iowa, where around 8 or 9 percent of people age 12 and older use pot yearly.



Generally speaking, the Northeast and the West Coast are the two major marijuana hotbeds in the country. Marijuana use between the coasts is generally lower, with the notable exception of Colorado.



The state-level data shows that places with the most marijuana use generally have some form of legal medical or recreational marijuana available. This is likely a two-way street: places with lax attitudes about marijuana use are more likely to approve legal marijuana, and marijuana availability probably leads to more lax attitudes about use.



Weed Legal



Finally, for our entrepreneurial readers, we just wanted to highlight that we see staggering opportunities for new KFC and Taco Bell franchises in parts of Montana, Colorado and New England.


Fast Food

Thursday, November 10, 2016

And The Winner Of The 2016 Election Is... Weed!

Submitted by Alice Salles via TheAntiMedia.org,


The 2016 U.S. election shocked everyone. But while the results did not look like anything pundits and pollsters predicted, American voters stayed mostly consistent on at least one subject: marijuana.


Prohibitive anti-marijuana laws across the country suffered a major setback on November 8, when voters in California, Massachusetts, Maine, and Nevada approved the legalization of recreational cannabis. Arizona, however, wasn’t as pro-freedom, as just over 52 percent of Grand Canyon state voters said no to Proposition 205. A powerful lobby backed the opposition in that state.


In Florida, Arkansas, Montana, and North Dakota, voters passed medical marijuana laws, allowing patients suffering from certain medical conditions to have access to cannabis.


Before the election, 25 states already had medical marijuana laws on the books.


According to the executive director of Marijuana Policy Project, Rob Kampia, the overall positive outcome shows [m]ost voters do not think otherwise law-abiding citizens should be criminalized for using a product that is much safer than alcohol.” Instead of going after individuals for their marijuana use, Kampia added, there “is a general consensus that law enforcement” should be using taxpayer-backed resources to “[fight] serious crimes” instead.


Erik Altieri, executive director of the National Organization for the Reform of Marijuana Laws (NORML), wrote in a blog post that the 2016 election day “dealt another body blow to our nation’s costly, failed, and discriminatory policy of marijuana prohibition.”


With regard to those who thought 2012 and 2014 efforts to legalize marijuana were a “passing fad,” Altieri continued, “it is now clear that they were mistaken.”


While many might claim this wave of victory means Americans are finally realizing individuals should be free to access marijuana if they desire, others believe it could also help patients taking prescription drugs.


In states where medical marijuana laws have been on the books for some years, the number of patients on prescription painkillers has dropped considerably when compared to states with marijuana prohibition laws still in place.


As scientific evidence shows marijuana has beneficial medical effects, the country is becoming warmer to the idea of effectively nullifying the federal rules on the plant. And if 2016 is, indeed, “a tipping point for marijuana reform,” as a spokesperson for the Marijuana Policy Project (MPP) said in an interview, 2017 could see residents in at least three more states passing similar rules.


*  *  *


The full list of states that have medical marijuana laws on the books now includes Alaska, Arizona, California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Vermont, Washington and Washington DC.