economy
Colorado lawmakers fall short in effort to shield recreational marijuana from federal enforcement
A $1.3 trillion plan to fund the federal government through the end of September won’t include protections for the recreational marijuana industry — a blow to Colorado lawmakers who tried to add that language to the must-pass bill.
Battling the racial roadblocks to joining the legalized marijuana trade
States generally do not track the race and ethnicity of license applicants, but industry analysts and researchers say that dispensaries and the more-profitable growing operations across the country are overwhelmingly dominated by white men.
More disputed tax revenue used to fund scholarships for low-income Adams County students
Adams County continues to use disputed tax revenue from recreational marijuana sales to fund scholarships, recently announcing that 64 high school students in the county had been awarded more than $1 million in total.
From chrysanthemums to cannabis: the “Green rush” in Salinas Valley
Fueled by the dream of marijuana riches, Salinas Valley, once the heart of the nation’s flower-growing business, has moved on to a new crop: cannabis.
Cannabis companies flock to Canada as US laws keep them off stock exchange
While more than half of U.S. states allow marijuana for medical or recreational use, the drug is still outlawed by the federal government, starving pot entrepreneurs of institutional capital.
Midnight closing time for Denver marijuana shops? New council proposal floats idea
Denver could take a big step toward matching neighboring cities’ late-night marijuana store closing times next week when the City Council considers a first-stab proposal.
Weed on Wall Street? Investment firm holds conference to those wanting a piece of the pot pie
Cowen & Co., the nearly century-old firm founded as a bond brokerage, is racing to become Wall Street’s leading provider of cannabis research.
Can my employer fire me for legally using marijuana?
Changing marijuana laws aren’t necessarily making weed more welcome in the workplace.
Old Chocolate Factory to locate New Existence as Marijuana Grow Center
Because the lengthy economic recovery continues in a slow pace, many industries have either gone under or needed to re-brand. Legal marijuana is among the couple of industries which has grown , both when it comes to revenue and jobs. A classic Hershey factory within the providence of Ontario, no more getting used to create tasty chocolate bars, will obtain a rare chance another chance at existence.
This time around the factory will become a massive marijuana production facility. The factory is situated in Cruz Falls, Ontario, and opened up in 1963 at that time it introduced vacationers, jobs and cash to Cruz Falls. The Hershey factory even loved the nickname “Willy Wonka’s Wonderland of Eastern Ontario.” When the chocolate factory was shut lower, Cruz Falls experienced what a lot of other United States factory cities experienced. Jobs, vacationers, and revenue began full of exodus. Fortunately, a lot of that could return because the factory is going to be re-opened up for everyone a business increasing.
Canada has drastically refurbished its medicinal marijuana program. Patients will no more be allowed to develop their very own medicine, rather, massive producers under government oversight will give you cannabis. The factory in Cruz Falls is going to be one of several large productions sights across Canada. Besides wanting to supervise a fiscal revitalization from the city, the mayor of Cruz Falls includes a personal stake in making certain patient safety and excellence of existence. Mayor Staples’ brother died because of cancer of the colon, but stated that medicinal marijuana “made his last days about this Earth a lot more manageable.”
The thought of legalizing marijuana to be able to quick start local financial systems continues to be included in media shops, including marijuana.internet. A little local dispensary alone produces many jobs. Lawyers, security, budtenders, farmers, receptionists, doctors and staff, and lots of other tasks are produced when cities allow legal marijuana sales. A bigger production center, would hopefully create much more jobs. One of the drawbacks pertains to whether a massive government run grow center will forget patients, as well as their interests. However, the time is right for brand new direction in the road to economic recovery. With old ideas and industries diminishing a massive factory should produce increased financial benefits and possibly a blueprint for other battling metropolitan areas past attempting to restore their form.