Tag: latest marijuana news in los angeles

Marijuana is not a “gateway” to stronger drugs and addiction

James

Marijuana is no longer regarded as a “gateway” that will lead to the use of addictive drugs that result in about 115 deaths by overdose every day throughout America. This is just one of several salient game-changing pro-cannabis opinions voiced in a poll conducted by Quinnipiac University of 1,076 New York State voters between the ages of 18 and 65-plus. But another salient fact to emerge from the opinion poll is that most of the Republicans interviewed remain opposed to the legalization of weed, adding clout to the federal government’s…

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Legal Weed and Legal Banking Spells even more profits for investors in Canadian marijuana stock

James

Marijuana stock market investors are wringing their hands with glee as their financial portfolios continue to sky-rocket, and with Canada expecting to join the legal gravy train by mid-year their future prospects are looking even rosier Up until now, the banking world has side-stepped the huge amount of cash flow generated by the weed industry but with Canada poised to become the first-ever first world country to legalize marijuana, one of the country’s top five banks has come out in open support of this new-age phenomena. Banks and Pot Have…

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Frustration mounts as LA dithers about issuing licenses to marijuana entrepreneurs

James

Months of dithering about issuing licenses to growers and manufacturers in Los Angeles could force a large chunk of the marijuana industry underground. The irony of the present situation is that pot dealers who want to join the ranks of the legally-recognized marijuana trade are being sidelined by seemingly endless bureaucratic red-tape that is causing unreasonable delays in this new era of decriminalization. In preparation for the legalization of recreational marijuana in California at the beginning of 2018, LA approved a complicated set of regulations that has now seemingly left…

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