Posts Tagged profits

Feds Seize Bank Accounts Of Marijuana Dispensaries: $250K

In what appears to be an escalation of the U.S. government to stamp out medical marijuana, federal authorities have seized almost $250,000 from the accounts of two Sacramento area dispensaries in an investigation of alleged concealment of cannabis prof…

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Alcohol’s Stranglehold on the American Consciousness

It’s understandable why so much anti-marijuana propaganda has been launched by the alcohol industry. Their profits depend on people consuming their products and any threat to that has to be leveled. This of course is beginning to change. Educated people are beginning to see marijuana for what it is.

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Homegrown Pot Threatens Mexican Cartels – CBS News

Washington Post: American Mom-and-Pop Marijuana Growers Are Cutting Into Profits of Foreign Traffickers. That sure is a interesting spin on the economics of illegal drugs.

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Court Slams LAPD For Illegally Seizing Med Marijuana Profits

The United States Court of Appeals for the Ninth Circuit blasted the Los Angeles Police Department (LAPD) for committing “highly objectionable,” “tainted,” “reckless,” “misleading” and “illegal” conduct in a 2005 attempt to seize more than $186,400 from a legally compliant Southern California medical marijuana distributorship.

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Why is L.A.’s district attorney helping Mexican drug cartels

Last Thursday, Los Angeles County District Attorney Steve Cooley announced a sweeping new plan to boost the profits of Mexican drug cartels, a plan almost certain to increase the slaughter these vicious gangs are perpetrating on both sides of the U.S.-Mexico border. Yes, he’s talking about closing down all of L.A.’s legal medical marijuana stores.

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Legalising cannabis ‘could stop recession’

In July, Oakland City Council voted overwhelmingly to tax the city’s medical marijuana dispensaries to increase its profits. At the time of the vote the city faced an $US83 million budget shortfall, and expected the marijuana tax to raise $315,000, according to the report. The city auditor projected the tax would ring up to $17.5 million in sales.

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Domestic Marijuana Production Cutting Cartel Profits

As reported on the front page of today’s Washington Post, domestic marijuana production is cutting into the bottom line of Mexican drug cartels while decades of police enforcement have failed to curb their growth.

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Legal U.S. Medical Pot Growers Hurt Mexican Cartel Profits

Recent changes in state laws that allow the use and cultivation of marijuana for medical purposes are giving U.S. growers a competitive advantage, challenging the traditional dominance of the Mexican drug traffickers, who once made brands such as Acapulco Gold the standard for quality.

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This is how you win the war on drugs.

Local pot-growers in the U.S. are severely hurting the profits of the marijuana cartels.

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CBS Profits From Marijuana but No Legalization Talk

CBS Radio censors marijuana reform from airing on the stations as does many of the corporate radio and tv chains. ABC, NBC, Fox.. Actual cases of this from the people that have been screwed over by this policy.

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Legalizing pot would take away 70 % of drug cartels profit..

Legalizing marijuana would eliminate the huge profits taken in by the Mexican drug cartels, which are threatening the stability of Mexico and the U.S., said Aaron Houston, a pro-pot advocate in Washington.

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Regulating and taxing pot makes sense for California

LA Daily News published a great piece on why California should capitalize on the black market sales of marijuana as a solution to the budget mess. Why should criminals see all the profits as opposed to legal, law abiding businesses?

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