Category: News

Will Taxes be Too High on Legal Marijuana in California?

Getty According to a new report from the global credit ratings firm Fitch Ratings, taxes on legal adult-use marijuana in some parts of California could equal or even exceed 45 percent. “High tax rates raise prices in legal markets, reinforcing the price advantage of black markets,” the firm said in the report. “California’s black markets for cannabis were well established long before its voters legalized cannabis in November 2016 and are expected to dominate post-legalization production.” In other words, if taxes raise the price of legal cannabis too much, most people will stick with their illegal dealers. Licenses for...

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Federal Government Grants $3.2 Million to Medical Cannabis Research for HIV Patients

Getty Despite the fact that the U.S. federal government has steadfastly refused to change the Schedule I classification of the cannabis plant, they are reportedly handing out millions to researchers in order to explore its effectiveness in treating symptoms experienced by HIV patients. Will this ridiculously overt display of federal government hypocrisy regarding cannabis medicine end up being a net positive? The National Institute on Drug Abuse (NIDA) recently awarded a team of scientific researchers at the University of Florida a $3.2 million grant in order to determine what just about every medical cannabis supporter already pretty much knows...

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University of Colorado Boulder to Study Behavioral Changes Since Legalization

Getty The National Institute on Drug Abuse (NIDA) has awarded two professors from the University of Colorado Boulder $5.5 million to study possible behavioral changes since recreational legalization. Professor John Hewitt, a behavioral geneticist, and psychiatry professor Christian Hopfer MD will be leading the study, which the university says will be the first of this sort in the nation. The study will look at more than 1,000 sets of twins ages 23-29, from both Colorado and neighboring Minnesota. Those from Minnesota will act as the control group, compared to those from Colorado, where cannabis has been legal for recreational...

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Prohibitionist Group Wants Pro-Marijuana Billboards in Arizona Taken Down

Getty A group known as Arizonans for Responsible Drug Policy is claiming that pro-marijuana billboards in Arizona sponsored by Weedmaps are spreading false information about cannabis and want the ads taken down. The billboards in question highlight the findings of recent studies that show that teen marijuana use in places like Colorado and Washington is not on the rise and that states with medical marijuana programs have seen a decrease in opioid-related deaths. We have reported on both here at The Marijuana Times. The ARDP says those studies are misleading and outright false. To back up their claim, the...

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Missouri Activists Taking Another Shot at Legalizing Medical Marijuana

Getty New Approach, a pro-cannabis activist group in Missouri, is working towards getting medical marijuana on the ballot for the 2018 election. The group came close to being on the ballot in 2016, but a judge ruled that over 10,000 of the signatures they had collected were invalid due to not having the proper county listed on the petitions. Now, to ensure that they don’t miss the same opportunity a second time, the group has started well in advance – and they have already collected over 100,000 of the roughly 170,000 signatures needed in order for their initiative to...

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Former Republican National Committee Chairman Thinks Marijuana Legalization is Coming Soon

Getty One of the more interesting aspects about following the evolution of the marijuana legalization issue over the last 8 year has been watching conservative Republicans – the cheerleaders of the “just say no” approach to cannabis issues – come around to a different way of thinking. From polls showing a majority of Republicans now favoring marijuana legalization to the journey of former drug war stalwarts like GOP Senator Orrin Hatch (UT) to the side of right – at least when it comes to medical marijuana – the last demographic group standing in the way of marijuana law reform...

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