The Oregon Department of Revenue distributed the last of its promised allocation of $85 million in pot revenues on Tuesday to cities, counties, and various state agencies. This is the first distribution of cannabis taxes since recreational sales came into effect on January 4 last year. According to the department, October 11 was the final deadline for distribution of these monies. The agency is not handing out cash willy-nilly, however. It is splitting the revenues according to state laws enacted to govern the process. The State School Fund received the…
Read MoreDay: October 17, 2017
Man Buys Equipment at Car Boot Sale to Grow Weed in House with Kids
A marijuana consumer from Derbyshire, who police caught cultivating in a house shared with his partner and her two children, recently learnt from the justice system that what he did “could be classed as abuse.” According to Martin Lewis, the suspect, he purchased all the equipment that he required to set up his grow space at a car boot sale. Inside one of the rooms in the residence he was sharing with his partner and her kids, he set up a five-foot by eight-foot grow tent. State prosecutor for the…
Read MoreSaskatoon Weekend Event Unites Cannabis Community
Residents in Saskatoon, located in the Saskatchewan province of Canada, are eagerly anticipating the legal sale of recreational marijuana, which is set to come into effect with outlets opening their doors to adult-use customers on July 1, 2018. As the date crawls imminently closer to becoming a reality, the cannabis community of Saskatoon gathered last weekend to converse, relax, and smoke weed. This past weekend, the O’Brian’s Event Center hosted the seventh annual Prairie Medicinal Harvest Cup. It ran through the weekend. Organizer of the event, Jeffrey Lundstrom, said with…
Read MoreCanadian Marijuana Offers Massive Generational Growth Opportunity
Canadian pot businesses are simply flourishing, with economists expecting the cannabis market to grow into an $8 billion industry within just seven years. Although still paling next to the global opportunity, which is growing fast in its own right, the growth trajectory for Canadian weed shows no signs of slowing down well into the future. Eight Capital, an investment bank based in Toronto, conducted recent analysis into the Canadian market. It puts the potential of exporting medical cannabis alone at a whopping $142 billion over the next quarter-century. Reputable cultivators,…
Read MoreAustralian Police Seize Ice and Cannabis in Major Drug Sting
Police in Toowoomba and Warwick, with narcotics dogs at their sides, conducted a passive sting operation that resulted in several notices to appear in court on charges of drug possession. The combined effort on Saturday saw officers paying very surprise visits indeed to licensed operations in Allora, Warwick, and Toowoomba. Darren Tamblyn, detective sergeant at the Warwick Criminal Investigation Branch, said that while they found several people in possession of drugs, the wider public appreciated their efforts to crack down on drugs. “A number of people were given notice to…
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