Revenue From Marijuana Sales Continues To Climb In Colorado

[Source: TheWeedBlog]

Data was released this week for marijuana sales numbers in Colorado from the month of April. As expected, sales increased in the month of April over previous months. The increase is likely due to the fact that April 20th saw an enormous influx of recreational consumers to Colorado for the marijuana holiday, and dispensaries sold more medical marijuana for the holiday as well.

In April, Colorado medical marijuana dispensaries sold roughly $32 million worth of medical marijuana. Revenue from recreational sales was roughly $22 million, which is a 17% increase from March. Roughly $14 million was brought in during February and January for recreational sales. This is great news for the State of Colorado. So far, Colorado has generated almost $18 million dollars in taxes and fees from marijuana since January.


READ HERE: Revenue From Marijuana Sales Continues To Climb In Colorado

Cannabis Time Capsule, 1888: Medical-pot candy predicted 126 years ago?

[Source: Denver Westword Blog]

Leadville in the 1880s was a tough town populated by mining tycoons, the poor miners that made those tycoons rich and the businesses that supported the industry. Okay, there were also a bunch of bunch of thieves, cheats, hookers, gamblers, drunks, visiting opera singers and (apparently) drug addicts around, too.

Our story this week finds us at the intersection of two such groups almost 126 years ago to the day, with a pharmacy at the center of the action.

Taylor's Drug Store was located in the Vendome Hotel Building -- now known as the Tabor Grand. At the time, the town was booming and owner George Taylor was seeing all types in his store. Apparently, a reporter caught up with him one morning when he was on a tear about them.

"You talk about cranks," Taylor told the reporter, who added that "the druggist has not only his full share but a great deal more in the way of idiots who bother him."

More reading here: Cannabis Time Capsule

Dr. Oz Backs Medical Marijuana, Says It's 'Hugely Beneficial'

The movement of the benefits that medical marijuana can provide just keep climbing the mountain that many thought was impossible. Nothing is IMPOSSIBLE!!!

[Source: Huffington Post ]

Medical marijuana just got another celebrity doctor's public support.

During an interview Monday with Dr. Mehmet Oz on "Larry King Live", King asked Oz if he'd changed his views on marijuana.

"I have," Oz responded, and went on to explain just how far he's come from his early beliefs about the plant. "I grew up like most of my generation believing that marijuana was something Satan was throwing at Americans, a communist plot. But I think most of us have come around to the believe that marijuana is hugely beneficial when used correctly for medicinal purposes," Oz said.

Oz joins the ranks of other TV medical experts who have come out in support of medical marijuana in recent years, including CNN's chief medical correspondent Dr. Sanjay Gupta, who recently "doubled down" on his support, and ABC News' chief health and medical editor Dr. Richard Besser.

A vast majority of Americans now believe that marijuana should be legalized for medical purposes. According to a recent CBS News poll, 86 percent of Americans think that doctors should be able to legally prescribe medical cannabis to patients suffering from serious illnesses.

READ MORE HERE: Dr. Oz Backs MMJ

"REALLY IMPRESSED" by Eyeonyou - Weedmaps Review

[Source: eyeonyou - May 1, 2014]

North Boulder Wellness Center

"This is a truly righteous little shop with smart service and wonderful product, many strains that are hard to find. When I'm out here vacationing this is where I most like to procure my meds, granted I haven't been to many labs hereabouts but this is obviously 5 solid stars across the board."

NoBo Wellness thanks all of our patients and clients that give us reviews on our product and work place environment. North Boulder Wellness Center thanks everyone for your support and comments. We strive to provide the highest quality medical marijuana for our patients and the community of Boulder. Stop by and see what NoBo is about, we always have specials happening and buds available!!!  

Pot Taxes - Colorado nears decision on spending

[Source: DenverPost]

Colorado budget-writers are nearing a decision on how new marijuana taxes should be spent.
The Joint Budget Committee is expected to approve a spending proposal Monday that involves saving most of the recreational marijuana tax money. However, some would be spent on youth drug-use prevention and education.

Monday's vote is just the beginning of a vigorous fight over how the money should be spent. The full Legislature must agree to the JBC's proposal, and already some are sniping over spending the marijuana money in other ways.

READ MORE: Pot Taxes - Colorado nears decision on spending 

Colorado slows medical marijuana crackdown

 

[Source: Kristen Wyatt Associated Press]

Colorado appears to be giving up on its effort to crack down on medical marijuana growers who are using a legal loophole to grow high numbers of pot plants without the kind of oversight faced by commercial growers. 

The Colorado Department of Health and Environment said in a statement Monday that it was reviewing responses to letters it sent earlier this month to about 2,300 doctors who have recommended medical marijuana. The letters sought medical justification for recommending more than six plants to any patient.

Colorado's state constitution allows medical marijuana patients up to six plants, though doctors can give permission for more plants. The constitution also allows patients to designate a "caregiver" to grow the pot on their behalf. Colorado has about 3,300 designated caregivers, registered under a model that wasn't affected by the passage of recreational pot in 2012.

READ MORE: Colorado slows medical marijuana crackdown

Allstar Blake Griffin Endorses Medical Marijuana Use In The NBA

[Source: TheWeedBlog]

In an interview with Rolling Stone yesterday, Blake Griffin of the Los Angeles Clippers voiced his support of medical marijuana use to treat pain in the NBA.  Currently, the NBA has strict penalties for drug use, which typically lead to suspensions and fines. It was only in 2011 that the NBA stopped testing for marijuana use in the off-season, but now that marijuana is in the limelight, its place in the NBA, as a form of medical treatment for pain, has come into question.

Entire read here: Griffin Endorses MMJ

Cannabis Cup Time in Colorado

[Source:Inransit, NY Times]

 

With Colorado’s recent legalization of the recreational use of marijuana, ticket sales for Denver’s fifth annual Cannabis Cup this month are expected to double, according to event organizers.

The roving trade show, sponsored by High Times magazine, has already sold around 25,000 tickets to its Denver event, Dan Skye, the magazine’s editorial director and a spokesman for the show, said on the telephone. That’s almost 10,000 more than last year, Mr. Skye said, with 30,000 visitors expected in total over the weekend, April 19 and 20.

In fact, the event has grown so large, organizers were prompted to change venues from the Exdo Event Center to Denver Mart, where there will be plenty of outdoor space for, well, sampling.

Booths lining the outside recreation area will represent around 250 dispensaries, growers and pot shops, with lots of merchandise to be tested by those 21 and older, and those 18 and older with a medical use card. (WE WILL HAVE BOOTH SET UP on BOTH DAYS..SO stop by and see what we having cooking)

READ MORE HERE: CANNABIS CUP COLORADO

Yummy Thursday - Buy ONE and Get the 2nd HALF OFF on all Drinks & Edibles

Have the pain or a medical condition and have your red card, but you don't like to inhale marijuana. Well NO need to worry North Boulder has got you covered. On the special board today is Buy one and Get the 2nd for HALF OFF on all of are delicious edibles and thirst quenching drinks that will give you the high needed without smoking. Our cozy atmosphere will put your mind and body at ease once you walk through the doors. Open till 7 PM so stop by and see what we can recommend on any of your Medical Marijuana needs!!!

CHECK IT OUT: EDIBLE & DRINKS MENU

What it's like having a Red Card!

"Having your own Red Card (Medical Marijuana License) is just like having a Costco membership...You get to pick out the dankest and best buds in BULK and all at AMAZING PRICES!!"

Come stop down at the dispensary and talk to one of the staff members to see how you can get on board and if you sign up and become a member with North Boulder Wellness we have great offers for first comers!!! 

So what are you waiting for...!!!!

www.northboulderwellness.com

Colorado Recreational Sales Could Trigger Taxpayer Refund

 

[Source: www.mmjbusinessdaily.com]

 Colorado taxpayers could get extra cash back this year if the state’s marijuana-related tax revenues exceed projections, which would provide some solid PR for the cannabis industry.

Under Colorado’s Taxpayer Bill of Rights (TABOR), if the marijuana industry exceeds the estimated $70 million in annual tax revenue that voters agreed upon in November 2013, the state could refund the extra cash back to taxpayers.

A tax refund could boost Coloradans’ perception of the marijuana industry – and even accelerate acceptance of recreational marijuana in other states.

READ MORE: Recreational Sales Could Trigger Taxpayer Refund

Dr. Sanjay Gupta Explains ‘The Entourage Effect’ of Medical Marijuana

[SOURCE: www.marijuana.com]

In the early 1960s, a young postdoctoral student stumbled onto something that puzzled him.
After reading the literature on cannabis, he was surprised to see that while the active compound in morphine had been isolated from opium poppies 100 years before and cocaine isolated from coca leaves around the same time, the active component of marijuana was still unknown.
This simple observation launched his life’s work.

That young Israeli researcher, Raphael Mechoulam, is now a heavily decorated scientist, recently nominated for the prestigious Rothschild Prize. More than 50 years ago, however, he had trouble starting his scientific journey.

For starters, he needed cannabis to study and didn’t know how to obtain it. Eventually, he obtained his research supply from friends in the police department. The young scientist was in a hurry, and didn’t want to wait to cut through the red tape required by Israel’s Health Ministry.

“Yes, I broke the law,” he told me when I met with him in Tel Aviv last year, “but I apologized and explained what I was trying to do.”

It’s a good thing the Israeli government didn’t stall his progress, because Mechoulam was moving at breakneck speed.

By 1963, he determined the structure of cannabidiol (CBD), an important component of marijuana. A year later, he became the first person to isolate delta-9 tetrahydrocannabinol (THC), the psychoactive ingredient in marijuana. Over the ensuing decades, Mechoulam and his team continued to isolate numerous compounds from the cannabis plant.

Whole story here: ‘The Entourage Effect’ of Medical Marijuana'

Medical Marijuana and Glaucoma Treatment, Symptoms

 

[Source: MedicalMarijuana.net ]

Glaucoma is among the leading causes of blindness in the world, affecting more than 60 million individuals worldwide. A leading cause of optic nerve damage due to glaucoma is intraocular pressure (IOP), which may be reduced by use of medical marijuana. Individuals with normal IOP can also lose vision due to glaucoma. In these cases, medical marijuana may help to halt or reverse deterioration of the optic nerve.

If you're interested in trying medical marijuana for your glaucoma, you're in very good company. Glaucoma is among the most common medical conditions treated with medicinal marijuana. There is no cure for glaucoma, but with your ophthalmologist's guidance, you can combine medical marijuana with traditional glaucoma drugs to create an effective treatment plan to delay or avoid surgical intervention.

Entire read here: Medical Marijuana and Glaucoma Treatment

U.S. Issues Marijuana Guidelines for Banks

[Source: NY Times]

The Obama administration on Friday issued guidelines intended to give banks confidence that they will not be punished if they provide services to legitimate marijuana businesses in states that have legalized the medical or recreational use of the drug, even though it remains illicit under federal law.

The guidance, which requires banks to vigorously monitor their marijuana-industry customers, was provided by the Treasury Department and the Justice Department in separate advisories. The policy does not grant immunity from prosecution or civil penalties to banks that serve legal marijuana businesses. But it directs prosecutors and regulators to give priority to cases only where financial institutions have failed to adhere to the guidance. 

Still, the banking industry was quick to say that the new guidelines would not be sufficient to make banks feel at ease about opening accounts for or granting loans to marijuana businesses because the drug would still be illegal under the federal Controlled Substances Act. 

Continue reading the main story

Past Related Articles:

 - Legal Marijuana Businesses Should Have Access to Banks, Holder Says

 - Banks Say No to Marijuana Money, Legal or Not

Get on Board! TV spots pitch medical marijuana..

[Source: USAToday]

Late-night TV, which has enticed us with hard-sell offers for the amazing Ginsu knife and equally incredible hair loss remedies, now has another offer some can't refuse: a way to get medical marijuana.

Comcast, the nation's largest cable operator, has agreed to run an ad on its local cable systems in New Jersey, Massachusetts and greater Chicago that promote a service that links people seeking legal medical marijuana with doctors able to prescribe it.

The campaign is one of the first examples — possibly the first — of commercial broadcast advertising related to marijuana. The ads begin airing this month in New Jersey and will start next month in the other media markets.

Read more: TV Ads target Medical Marijuana

At governors meeting, a cautious approach to legalized pot

[Source: Denver Post]


All the buzz at the National Governors Association meeting over legalizing pot, some say, is just smoke.

Nearly two months after Colorado began selling recreational marijuana, the nation's governors are taking a cautious approach to loosening their drug laws.

Republican and Democratic governors meeting in Washington this weekend expressed broad concern for children and public safety should recreational marijuana use spread. At the same time, Colorado Gov. John Hickenlooper warned other governors against rushing to follow his lead.

Read more: Legalizing Pot Approach

United States Legislators Lead The Push For Federal Cannabis Policy Reform!!!

 
[Source: Medical Jane]

WASHINGTON, D.C. — The tides seem to be turning, at least as far as cannabis policy in America is concerned. A group of 18 legislators sent a letter to President Barack Obama Wednesday that states the current classification of cannabis as a Schedule I controlled substance “makes no sense.”

As noted in the letter, “Classifying marijuana as Schedule I at the federal level perpetuates an unjust and irrational system. Schedule I recognizes no medical use, disregarding both medical evidence and the laws of nearly half of the states that have legalized medical marijuana.”

Congressman Earl Blumenauer (D-OR), the letter’s lead author, explains that reclassifying cannabis “is a step the administration can take to start to rationalize federal marijuana policy to bring it in line with the advances that are happening in the states.”

Read entire article "US Legislators Lead The Push For Federal Cannabis"

 

It's Wednesday...So who's wants to get WACKY?!?!?

It's what we like to call "Wacky Wednesday here at NoBo." The weather looks to be a another wonderful day Boulder with some sun shining! So whether your walking, biking, or driving stop on over to the dispensary and get $5 off any extractions in store. Remember...laughing once a day is for the mind & body, but sharing a good laugh is better for all!!!

North Boulder Wellness Center
1495 Yarmouth Ave.
Boulder, CO 80304

(720) 328-0118

 

Give us a review on  WEEDMAPS and receive a $1 1/8 next time you stop in to see us! (Just mention you left a review so we can take a peak)

The Green Rush Sweeping Through Colorado (VIDEO)

[Source: CNBC Prime]

If the legal sale of marijuana is revolutionary, the growth around Colorado's pot industry may be equally groundbreaking as hundreds of companies vie for a share of the state's projected $800 million marijuana market.

How overwhelming will the state be with applications and new residents?? Only time will tell...Check out the video and be part of history!!!

Video here: The Green Rush Colorado
 

Boulder County set to see first recreational pot shop blossom Tuesday

 

[Source: Denver Post]

Karing Kind, a mile north of Boulder, appears likely to be the first marijuana store that will open to the general public in Boulder County.

Owner Dylan Donaldson said he has an appointment to pick up his state license at 8 a.m. Tuesday and that he will open what had been a medical marijuana dispensary to the broader public "as soon as I can drive back from Denver."

Donaldson didn't set out to have Karing Kind be the first. It had appeared that honor would go to The Canary's Song in Nederland, which got its state approval in December and its local license Jan. 21.

However, that store ran into a number of logistical hurdles, including not being able to get product tags from the state, and it's not clear when it will open.

To learn more: Boulder County to see first recreational....