Archive for category Business & Finance

Wall Street Drug Use: Employees Giving Up Cocaine for Pot.

The credit crisis appears to have sobered up Wall Street in more ways than one.

A review of drug-test data compiled by drug testing firm Sterling Infosystems Inc., shows that cocaine is losing its favor among investment professionals. What drug is the…

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Man Attempts to Trademark "Ganja" with U.S. Patent Office

On April 1, the U.S. patent office announced a new trademark: “Processed plant matter for medicinal purposes, namely medical marijuana.” The category was killed three months later when the Wall Street Journal asked about it, but in the meantime ganjapr…

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Pot-ential Revenue from Marijuana Production (Infographic)

As a city council gave final approval to a plan that makes Oakland the first city in the United States to authorize large-scale industrial pot cultivation, here is an infographic detailing the potential tax revenue from Marijuana production, by State.w…

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So…Yeah, We Sold a Shitload of Pot

Five Dallas Residents admitted to the Attorney’s office that they harvested approximately 4600 marijuana plants across three houses. Neighbors were too out of it to comment. blogs.dallasobserver.com

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Critic Makes Living Smoking Marijuana

Writing under the pen name ‘William Breathes,’ a Denver man is one of the nation’s first medical marijuana critics.money.cnn.com

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Oakland Seeks Financial Lift, Approves Giant Marijuana Farms

For now, the drug is for medical use, but if California legalizes marijuana possession, Oakland could be sitting on a big cash crop.www.nytimes.com

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Employer drug screens in the age of medical marijuana

Even as little as 15 years ago, no one could have imagined the legal situations that are now popping up all over the country involving employees who fail an employer drug test, but have a legal prescription for the use of medical marijuana. In Marchwww…

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Big union supports California measure to legalize marijuana

The council that oversees the political work of the United Food and Commercial Workers Union endorses Proposition 19 on the November ballot, giving proponents a significant campaign boost.www.latimes.com

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Oakland Looks At Taxing Pot To Close Budget Gap

Oakland, Calif., is laying off police officers to cope with a spiraling budget crisis. The cuts come as Oakland is wrestling with lingering racial unrest over the death of a young black man shot by a transit police officer. Money is the only solution t…

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Study: If Cali legalizes it, pot prices may decline 80%

A study released Thursday by the Rand Corporation claims that marijuana prices in a post-legalization California could drop by up to 80 percent, placing some of the most delicately cultivated buds in the world at less than $40 an ounce.rawstory.com

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Cannabis 101: Welcome to ‘Pot School’

A school in San Diego, California, aims to teach students how to open and operate medical marijuana collectives and navigate confusing laws and regulations. CNN affiliate KGTV reports.cnn.com

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When Capitalism Meets Cannabis

Colorado legalized medical marijuana in 2000, but a recent bill could force amateurs out of the business. One of the odder experiments in the recent history of American capitalism is unfolding here in the Rockies: the country’s first attempt at fully…

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The real cost of the failed war on marijuana

Billions are lost on the war on cannabis. Police, narcotic officers, judges, prisons, DEA agents and many other government organizations spend large portions of their funding just dealing with cannabis related offenses. www.howgrowweed.com

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Famous KFC Medical Marijuana Shop Shuttered

The store was recently spoofed on an episode of South Park.

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Should Marijuana Dealers Unionize?

Between getting the hydroponics just right and remembering the code to the gun safe, selling marijuana aint easy. Pot merchants in the city of Oakland have found what they hope will be a way to make it easier: unionize.

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Labor Unions Begin Organizing Pot Club Workers

A major California labor union is organizing medical cannabis workers in Oakland, a move that analysts say will help efforts to legalize marijuana and open the door for the union to organize thousands more workers.

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Marijuana Vending Machine: Sign of the Times?

A California entrepreneur has invented and patented a vending machine designed to help medical marijuana dispensaries regulate and disribute pot to patients.

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California Collects $100 Million In Marijuana Sales Taxes

Adult use legalization could net the state some $1.4 billion in revenues, according to California’s Legislative Analyst’s Office, or more than $1.2 billion by California NORML’s estimate.

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Medical Marijuana Inc Launches New MLM Marketing Division

Medical Marijuana Inc (PINKSHEETS: MJNA) has begun the pre-launch of its newest division, The Hemp Network. The Hemp Network is the first network marketing company in history to provide consumers with hemp products on a network marketing platform.

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Marijuana — and Tax Money — Knows the Way to San Jose

For those who’d like to see green generating green in San Jose, it’s a good day.

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