Cannabis Now Magazine
Category archives for: Economics

Top 10 Unlikely Marijuana Vacations

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Here is a list of 10 unlikely marijuana friendly destinations. 1. Kingston, Jamaica: When cold weather arrives, or any time you want a ganja vacation, you probably want to go to Jamaica. Land of Bob Marley, with marijuana growing an agricultural livelihood for many islanders, cannabis lovers across the world flock to the Caribbean to [...]

One Million Hours Spent On Marijuana Arrests

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NYPD Spent One Million Hours On 440,000 Cannabis Arrests, A “Huge Waste” Says Report By Toby Rogers A joint report by the Drug Policy Alliance and the Marijuana Arrest Research Project released yesterday indicates that the New York Police Department has spent 1 million hours on 440,000 low level cannabis possession arrests between 2002 and [...]

Steve Katz: New York Anti-Cannabis Crusader Busted

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New York Lawmaker & Anti-Cannabis Crusader Busted For Cannabis Possession Is ‘Old Pot Head’ GOP New York Assemblyman and anti-cannabis crusader Steve Katz was busted the morning of the 14th this past Thursday for possession of cannabis. And Cannabis Now News has learned from sources in Westchester, New York that Katz is apparently an “old [...]

Boulder City Council Bans Recreational Cannabis

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Boulder City Council Bans Recreational Cannabis By Toby Rogers The Boulder City Council voted to delay legalizing cannabis until 2014. The move was a major blow to the cannabis reform movement. Being that Boulder is one of the most progressive counties in Colorado, activists around the nation perceive the measure as a major setback. Representatives [...]

NC Marijuana Bill Defeated

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RALEIGH, N.C. (AP) — A bill that would legalize medical marijuana possession and use in North Carolina has been rejected by a legislative committee. The House Rules Committee voted Wednesday to give an unusual “unfavorable report” to the measure after brief debate and public comment. The decision means this bill and the issue are likely dead at the General [...]

The Problem With Pot Prices

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Arrested suspect disputes ownership of marijuana found on Greyhound bus; incident illuminates tricky road ahead   Fox 31 Denver is reporting the arrest of a suspect in eastern Colorado on a charge of trafficking 11 pounds of dried cannabis on a Greyhound bus. While the facts are in dispute and will need to be settled in [...]

The Starbucks of Weed?

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 Ex-Microsoft Employee Promising Nation’s First “Premium” Cannabis Retail Stores Fox Business News is reporting the intentions of Jamen Shively, ex-Microsoft employee, to open a chain of “premium” retail stores where customers in Washington, Colorado, and any other state to legalize adult use of cannabis can browse among the top strains of artisan growers.  Shively is quick [...]

Stocks Under the Influence of Marijuana Investors

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Investors are very excited about the budding cannabis industry – so excited that one small company that makes weed-dispensing vending machines had to tell its investors to chill out and get a grip after its stock rose 3,000 percent. On Monday, November 12, Medbox Inc. had stock trading at $42, up from $6 the week [...]

Hemp Legalized, Too

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Washington and Colorado Initiatives both provided for legalized cultivation of industrial strains With the legalization of recreational pot use in both Washington and Colorado comes also another environmentally-friendly benefit: both states will soon begin phasing in programs to legally license industrial strains of cannabis, which can be made into thousands of useful products, from clothing [...]

Medical Marijuana Stock Soaring

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MEDICAL MARIJUANA INC. (MJNA) began the trading session with a price of US$0.10 and throughout the session made a new 52-week high of US$0.12. When day-trade ended, MJNA finally soared US$0.018 or 17.95% to US$0.115. Marijuana is available legally through medically controlled outlets in more than 15 states in the USA. It looks like companies [...]

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