Category: ECONOMICS

Got $4.20 to Pitch in For Marijuana Legalization? Help NORML Smoke the Vote This November

The 2012 election is, without a doubt, the most important one yet in the world of marijuana law refom. Three states, Colorado, Washington, and Oregon will be voting to legalize marijuana use by responsible adults and Montana, Arkansas, and Massachusetts, will be voting on medical marijuana issues. These reform efforts, coupled with local ballot measures to decriminalize possession and a presidential election, give us the opportunity to make history this November. Help us deliver the knock out blow to cannabis prohibition this fall, support the National Organization for the Reform […]

Colorado: Passage Of Marijuana Legalization Measure Would Potentially Yield $60 Million In New Annual Revenue And Savings, Study Says

The passage and enactment of a statewide marijuana ballot measure this fall could generate as much as $60 million in savings and revenue, according to a just published budgetary analysis prepared by the Colorado Center on Law & Policy. Amendment 64, The Regulate Marijuana Like Alcohol Act of 2012, allows for the possession of up to one ounce of marijuana and/or the cultivation of up to six cannabis plants by those age 21 and over. Longer-term, the measure seeks to establish regulations governing the commercial production and distribution of marijuana […]

Hope For Industrial Hemp? Group Of Senators Seeking Legislative Sanity

According to Washington, D.C. Capitol Hill newspaper The Hill, a group of bipartisan Senators, led by Oregon Senator Ron Wyden (D), have filed legislation seeking to exempt industrial hemp (which, in effect, is very low potent cannabis) from the Controlled Substances Act (which, concerning cannabis specifically, is largely directed at prohibiting recreational and therapeutic use of the herb). Update: You can help advocate for this bill’s passage here. One of the most indefensible aspects of modern Cannabis Prohibition is the federal government’s continued opposition to allowing American farmers and consumers […]

Marijuana Law Reform Makes Governing Magazine Cover

As more and more public, economic and political attention is being cast towards cannabis legalization during the failed policy’s 75th birthday week, these apparently are the years of sober public policy writing examining what an end to Cannabis Prohibition is possibly going to look like with tax lawyer Patrick Ogelsby’s cover article in State Tax Notes last year, Rand Corporation/Kleinman/Caulkins’ book ‘Marijuana Legalization: What Everyone Needs to Know — 2012’ and now a cover piece in the magazine we policy wonks live to read…Governing Magazine. The Governing writer touches upon what […]

New York Governor Cuomo: We Need To Fully Decriminalize Marijuana Possession

In an unprecedented and frankly unexpected political move yesterday, New York Governor Andrew Cuomo held a press conference and announced that he supports legislation to amend and modernize New York’s thirty-four year old cannabis ‘decriminalization’ laws. The state and national press reaction has been both overwhelming and uniformly positive. Even Mayor Michael Bloomberg and long-serving NYPD chief Raymond Kelly, the barely cloaked targets of Cuomo’s actions for their overly aggressive and racially disparate enforcement of cannabis laws in New York City over the last decade, have publicly stated that they […]