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All Posts Tagged: Legalization

Meet the Company That Can Start Growing Marijuana in Greenhouses Across the US on 48 Hours Notice

State by state, the nation is beginning to chip away at marijuana prohibition. Especially since Colorado and Washington legalized the herb for recreational purposes last year, whispers of legalization and decriminalization are spreading like wildfire. But cultivation of the plant is still federally illegal, and often as states legalize either medically or recreationally, they find themselves in short supply.

A former Wall Street banker named Derek Peterson is now CEO of a company that could eventually turn the legal medicinal and recreational marijuana shortage into a myth. The company is called Terra Tech Corp, and since its inception in 2010, Peterson has made it his goal to set up farming facilities in various states to grow legal leafy greens like basil and thyme, and gearing up to switch over to cannabis. As soon as each state legalizes, Terra Tech plans to switch to cannabis production, coming out ahead of the curve.

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The Shame of Equitable Sharing How local cops are still colluding with the feds to seize pot-related assets even in states with legal marijuana.

When voters in Colorado and Washington state approved legalizing marijuana in 2012, those votes undermined an abusive—and profitable—police practice: civil forfeiture. Unlike with criminal forfeiture, undercivil forfeiture people do not have to be convicted of or even charged with a crime to permanently lose their cash, cars, and other property. Police can then auction off that seized property and use the proceeds to fund themselves. In the 42 states that allow police departments to profit from forfeiture, that cash flow has funded both themilitarization of police and allowed law enforcement to make ridiculous purchases, including a margarita machine, a Hawaiian vacation, and a Dodge Viper.

In Colorado and Washington, the federal government processed more than $36 million worth of cash and other property in civil and criminal marijuana forfeitures between 2002 and 2012. Pursuing cannabis cases earned local law enforcement in Washington an additional $6 million to $9 million in forfeiture revenue since 2008. Nationwide, the Wall Street Journal reported the federal government scored $1 billion in forfeiture from marijuana cases over the past decade.

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AG Holder willing to consider dropping marijuana from same drug category as LSD, heroin and ecstasy

DENVER – Friday nights are some of the busiest at the Citi-Med dispensary, where for the moment, only green can be used to buy green.

In the eyes of the Drug Enforcement Agency, Marijuana is categorized just like heroin, LSD, and ecstasy.

It’s why most banks won’t accept money from pot sales.

Yet there may be a shift by the feds in making marijuana more mainstream.

Attorney General Eric Holder now says he’s willing to work with Congress to possibly remove pot from the “dangerous drug list.”

“We’d be more than glad to work with Congress if there is a desire to look at and reexamine how the drug is scheduled, as I said there is a great degree of expertise that exists in Congress,” Holder told the House Appropriations Committee hearing Friday, the Huffington Post reported. “It is something that ultimately Congress would have to change, and I think that our administration would be glad to work with Congress if such a proposal were made.”

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CALIF: Democratic governors resist moves to legalize marijuana

LOS ANGELES — California voters strongly favor legalizing marijuana. The state Democratic Party adopted a platform last month urging California to follow Colorado and Washington in ending marijuana prohibition. The state’s lieutenant governor, Gavin Newsom, has called for legalizing the drug.

But not Gov. Jerry Brown.

“I think we ought to kind of watch and see how things go in Colorado,” Brown, a Democrat, said curtly when asked the question as he was presenting his state budget this year.

At a time of rapidly evolving attitudes toward marijuana legalization — a slight majority of Americans now support legalizing the drug — Democratic governors across the country, Brown among them, find themselves uncomfortably at odds with their own base.

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The Margolin Guide

Bruce Margolin is Synonymous With Fighting Weed Busts in California….. The Dean of Weed Defense Attorneys. He has Defended 25,000 Pot Cases and Timothy Leary. -La Weekly “Prop 19: Dreams of Legal Weed”

October, 2010/Vol.32/No.48

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