Ash Heap Of History

Montana’s Medical Marijuana Industry Goes Down

"The drop was driven in part by a tougher 2011 law on medical marijuana use and distribution. But more than anything, marijuana advocates say, the demise of the once-booming medical pot industry was the result of the largest federal drug-trafficking investigation in the state's industry. The three-year investigation by the U.S. attorney's office, the DEA and other federal agencies wrapped up last week when the last of 33 convicted defendants was sentenced. That allowed its architect, U.S. Attorney Michael Cotter, to speak publicly for the first time on the crackdown. Cotter said he believes he is on the right side of history, regardless of what is happening in the country." Continue reading →

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League City, Texas Red Light Cameras Bagged

"Red light cameras in League City, Texas were covered with bags this week, but not by vigilantes. Australian camera vendor Redflex Traffic Systems had no choice but to shut down the devices. Last November, 77 percent of voters approved a measure banning the use of automated ticketing machines -- the fifth city in the Lone Star State to do so. City officials last year re-wrote the immediate ban initiative circulated by citizens and replaced it with a measure that would only take effect on October 29, 2014, when the city's contract with Redflex expired. The change proved politically untenable, so on April 23, the council voted to pay Redflex $350,000 to end the contract on July 1." Continue reading →

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Colorado passes laws for the legal sale of marijuana beginning Jan. 1

"Lawmakers in Colorado voted Wednesday night to approve a historic, first-ever regulatory framework for the production, taxation and sales of marijuana. Four bills awaiting the governor’s signature Thursday morning — SB 283, HB 1317, HB 1318 and HB 1325 — will convert the state’s medical marijuana regulatory agency into a body governing all marijuana sales and establish legal limits for driving while under the influence of marijuana. Voters will also be given the chance to approve a series of taxes on marijuana in November, starting at 10 percent sales tax at retail and 15 percent excise tax at wholesale, with additional local taxes to be set by each municipality." Continue reading →

Continue ReadingColorado passes laws for the legal sale of marijuana beginning Jan. 1

White House: Internet sales tax ‘will level the playing field’

"'We believe that the Marketplace Fairness Act will level the playing field for local small-business retailers, who are undercut every day by out-of-state online companies,' said White House spokesman Jay Carney. The Act would require Internet and remote retailers to collect state sales taxes no matter where they are located when a transaction takes place, and advocates hope it would ease budget problems in many cash-strapped states. Opponents of the Act say it would still be unfair because retailers in a state which has no sales tax would still be liable to collect tax on purchases made in distant states which do have sales taxes." Continue reading →

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Congressional Research Service says not much Feds can do about legalized marijuana

"So where does this leave the feds? They can use their limited resources to arrest and seize whomever they can get their hands on. They can tie marijuana to other federal laws — gun possession, public housing occupancy, employment drug testing, etc. None of these options will achieve the overturning of state laws. And their pettiness will turn individuals further against the federal government. Or… the federal government could listen to the states, and to the people. Just a thought." Continue reading →

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‘Respect State Marijuana Laws Act’ Introduced In Congress

"United States Congressman Dana Rohrabacher (R-CA), along with a bipartisan coalition of three Republicans (Reps. Rohrabacher, Rep. Justin Amash [R-MI], and Don Young [R-AK]) and three Democrats (Reps. Earl Blumenauer [D-OR], Steve Cohen [D-TN] and Jared Polis [D-CO]) today introduced House Bill 1523: the Respect State Marijuana Laws Act. The measure would amend the federal Controlled Substances Act to exempt from federal prosecution individuals and businesses, including marijuana dispensaries and/or retail outlets, who comply with state marijuana laws." Continue reading →

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Microsoft and Oracle ask European Union to ‘protect competition’ against Google Android

"Google was in the firing line again on Tuesday after a group of major companies, including Microsoft and Oracle, complained to the European Commission over Google’s offerings for Android-powered mobile phones. 'We are asking the Commission to move quickly and decisively to protect competition and innovation in this critical market,' said Thomas Vinje, Brussels-based counsel for FairSearch, which groups 17 high-tech companies, including also Nokia, Expedia and TripAdvisor. FairSearch said it had filed a complaint with the Commission, charging that the Internet giant wanted Android operators to use its leading applications such as Maps or YouTube." Continue reading →

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PC Shipments Post the Steepest Decline Ever in a Single Quarter

"Worldwide PC shipments totaled 76.3 million units in the first quarter of 2013 (1Q13), down -13.9% compared to the same quarter in 2012 and worse than the forecast decline of -7.7%, according to the International Data Corporation. The extent of the year-on-year contraction marked the worst quarter since IDC began tracking the PC market quarterly in 1994. The results also marked the fourth consecutive quarter of year-on-year shipment declines. Despite some mild improvement in the economic environment and some new PC models offering Windows 8, PC shipments were down significantly across all regions compared to a year ago." Continue reading →

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As marijuana goes legit, investors rush in

What's striking is how conventional many of the business people's backgrounds — and their plans — increasingly are. Instead of backing marijuana dispensaries, investors such as Privateer and San Francisco-based ArcView Group are rushing to find consulting firms, software companies and insurance agencies to serve the new market. Even Privateer's strategy of merging small companies to form a big one is familiar: In traditional buyout shops, it's called a 'roll-up.' Just don't say that word to Kennedy, unless you want him to blush. Scratch the term 'growing the business' — he catches that one in midsentence, correcting his wording to 'expand.'" Continue reading →

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Pot Legalization Draws Majority Support Nationwide

"A national Pew Research Center poll released Thursday shows the majority of Americans support pot legalization 52 percent to 45 percent, with 72 percent who say that the cost of federal law enforcement efforts are not worth it. The results mark the first time in more than four decades of Pew's polling that a majority has taken that position. As recently as a decade ago, only about one-third of American adults backed making marijuana legal. Support for legalizing pot is up 11 points since 2010, the most dramatic change since the late 1960s." Continue reading →

Continue ReadingPot Legalization Draws Majority Support Nationwide