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Marijuana Industry News October 18, 2013

california

California Marijuana Legalization Ballot for November 2014 Filed…

Residents in California have waited for the state lawmakers to fix their vague marijuana laws for years.  Activists are trying to rectify the situation.  A ballot initiative to be possibly be voted on in November of 2014 that would legalize marijuana has been filed.  The proposed law is aimed at addressing many issues including raising new tax revenues, preventing sales to minors, to ensure growing safety, and to reduce the power of illegal dealers.  There has been a growing push for residents to come up with their own plan, as elected officials have been unable to properly create marijuana laws since 1996, 17 years after medical marijuana became legal in the state.

 

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Dali Lama Supports Medical Marijuana Use…

The Dali Lama is a symbol of peace for many people around the world but  we at marijuana.net do not recall many instances where he has commented on marijuana.  He is currently on a three week tour of Mexico where  the Tibetan spiritual leader was invited to a  forum created by former Mexican President Vicente Fox. The forum was a pro marijuana event, as legalization gains momentum in Mexico, due to the reaction of out of control cartel violence/power.  The Dali Lama doesn’t care much for the recreational use but does join a growing list of influential figures calling for reform, as he see’s the medicinal potential in marijuana.

 

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Washington State Approves Rules for Legal Marijuana…

There has been considerable excitement and curiosity over how exactly Washington and Colorado will oversee their legal marijuana’s industries.  Legal sales are expected to begin sometime in the middle if 2014.  The issue is complex with tax rates, security, and trying to keep marijuana from being taken out of state leading the concerns.  Production will be capped at 80 metric to a per year and 334 dispensaries will be permitted state wide.  The states liquor board has held public hearings for the past year and hopes they have agreed on the best procedures.  The state hopes to generate tens if millions in new tax revenue.

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