1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Google Expects Drone Deliveries to be Available in “Less than a Decade”
Google Expects Drone Deliveries to be Available in “Less than a ...
Livedrive Riles UK Customers by Abruptly Terminating Services
Livedrive Riles UK Customers by Abruptly Terminating Services
Jury Verdict Against Bank of America to be Reviewed by Judge
Jury Verdict Against Bank of America to be Reviewed by Judge
Federal Judge Demands More Evidence in Hewlett-Packard Case
Federal Judge Demands More Evidence in Hewlett-Packard Case
Job Listings

Colorado Allows Any Resident to Sell Marijuana

colorado

Colorado is taking the next step in making it okay to deal marijuana in their state. Any adult Colorado resident can sign up for a retail marijuana business license. This is an update from their former policy of only letting medical marijuana businesses in “good standing” with the state to apply for retail licenses. 300 have applied so far, and while medical marijuana in the state, which is more firmly established, has a longer tradition, and avoids the 15 percent sales tax imposed on recreational marijuana, continues to outsell the upstart shops, making $130 million of the $200 million in sales Colorado has seen so far this year, nevertheless the recreational franchise will start to pick up, especially with the go-ahead from the state for more people to sell.

“This is an obvious next step in the development of this legal industry,” said Mason Tvert to the Huffington Post. Tvert was an integral backer of Amendment 64 which legalized marijuana use. “New craft breweries and distilleries are frequently being established in Colorado, and this is really no different. Existing marijuana businesses are demonstrating a commitment to following the laws and making this system work, and we expect new businesses to do the same. Colorado has demonstrated that regulating marijuana works.”

Eager though Tvert might sound here, and as we certainly would expect him to be, others are nevertheless wondering whether all these changes are good. Toni Fox, owner of 3D Cannabis Center in Denver said, “I’m a little nervous and concerned about the changes that are coming. Not from a retail storefront side of the business, but from the large stand-alone cultivators that are now allowed to apply for licensing to grow come October 1. Most of us retail shop owners are producing enough cannabis that we do not need to wholesale any product. Where is all this new unassigned retail cannabis going to go?”

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


I am supposing “give it away” is not the answer, but this is a question certain to work its way out, nevertheless, as good old capitalism has always had the canny sense to balance its business and smooth out the kinks and bumps towards expansion and competition.

Colorado Allows Any Resident to Sell Marijuana by

  • RobertChase

    The truth: Colorado’s General Assembly and Governor reinstituted all the many felonies for cannabis last year, and even increased their maximum severity to a Class 1 felony (like premeditated murder) — outside of our overtaxed disoensary system (the tax on cannabis in Denver is ~22%, not 15%), not operating in most of Colorado, all sales are felonious and growing enough cannabis for personal use is a felony. Colorado’s Establishment is determined to keep making felons of Coloradans for cannabis.

    P.S. “Good, old capitalism” — how offensively stupid! Corporate capitalism has taken control of our government away from the People, and the Invisible Hand of the Market is driving us to destruction.

  • Jillian Galloway

    For those of us who like to relax with a beer or socialize over a couple of glasses of wine, legalizing marijuana is a sensible move that should be applied nationwide.

    Marijuana is a significantly less-harmful and less-addictive alternative to alcohol and we could prevent a lot of the harm that alcohol causes when we’re given the right to choose marijuana instead of alcohol.

    It’s time we put our safety FIRST and demand that marijuana be put on the same legal footing as beer and wine.

Tagged: , ,

Daniel June Posted by on July 2, 2014. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Medical Malpractice Defense Associate
USA-NY-White Plains

Our client is currently seeking a Defense Medical Malpractice Associate with the following: JD from an accredited law school Must be admitted to practice in the state of New York 2-...