In 2015, the legal marijuana industry in Colorado created more than 18,000 new full-time jobs and generated $2.4 billion in economic activity, according to a first-of-its-kind analysis of the economics of legal cannabis in the state.
The study, conducted by the economic consulting firm Marijuana Policy Group, is based on two years of sales numbers from the state of Colorado. It measured both the direct effects of legalization — including close to $1 billion in retail sales in 2015 — and the industry’s spillover effects on the Colorado economy.
Read the Full Article: Source – The Washington PostRead More
Time For Truth: (The Washington Post) – The marijuana industry created more than 18,000 new jobs in Colorado last year
The government’s Medicines and Healthcare products Regulatory Agency (MHRA) has found that Cannabidiol (CBD) has a “restoring, correcting or modifying” effect on “physiological functions” when administered to humans, in a potential milestone in the campaign to legalise cannabis and bring about evidence-based laws regarding drugs.
A man was arrested for his one-ton weed-distribution operation, which he ran out of his home in Denmark’s largest asylum center. He was already facing prior charges and allegedly made it to Denmark on false papers.
According to the Danish agency Ritzau, the 26-year old was busted once before for selling cannabis illegally in Copenhagen’s weed-friendly Christiania district – the area known for being a legal grey zone pot-wise. That was in the middle of March. Now he’s facing a much more serious charge of selling 835kg of marijuana through the asylum center. The street value would be close to 15.5 million kroner ($2.3 million).
South African scientists have discovered that 400-year-old tobacco pipes excavated from the garden of William Shakespeare contained cannabis, suggesting the playwright might have written some of his famous works while high.
Residue from early 17th century clay pipes found in the playwright’s garden, and elsewhere in Stratford-Upon-Avon, were analysed in Pretoria using a sophisticated technique called gas chromatography mass spectrometry, the Independent reports.
Country music star Willie Nelson announced plans Monday to roll out his own brand of marijuana, capitalizing on his association with pot and the unofficial stoner holiday, 4/20.
The move makes the 81-year-old “Roll Me Up and Smoke Me When I Die” singer the latest celebrity to jump into the marijuana marketplace.
“Willie’s Reserve” will be grown and sold in Colorado and Washington, where recreational pot is legal. Nelson said in a statement that he’s “looking forward to working with the best growers in Colorado and Washington to make sure our product is the best on the market.”