Tag Archives | Marijuana

The High Times Marijuana Private Equity Investment Fund

HT growth fundFor a bunch of stoners the execs at High Times magazine were amazingly quick off the mark to capitalize on the newly legal marijuana business. Aldo Svaldi reports for the Denver Post via the Los Angeles Daily News:

Executives at High Times, a New York magazine that has covered the marijuana scene for four decades, are launching a new private-equity fund expected to boost a burgeoning American marijuana industry.

The HT Growth Fund plans to raise $100 million over the next two years to invest in cannabis-related businesses.

“What we are looking to do is provide capital and credit to companies that are established and have grown and reached their potential as much as they can without access to traditional capital markets,” said Michael Safir, managing director of the new fund and former business manager of High Times.

Investments are expected to be from $2 million to $5 million per company.

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Inside the Incredible Booming Subterranean Marijuana Railroad

In a lengthy article for GQ Jason Kersten reports that “The Feds can’t see them. Or hear the digging. They don’t know how many there are or where they are headed. They know only that the tunnels are coming. And when they cross our border, when the soil gives way and the drugs start flowing, it’s already too late”:

On a quiet night along the Tijuana border, you can almost hear them coming: the faint scraping of metal on dirt, falling clumps of earth, muted voices in the depths. At any given moment, there are men underground here, chipping their way toward the United States with antlike determination.

Flickr - DVIDSHUB - Otay Mesa Drug Tunnel (Image 4 of 4)

Many of the drug tunnels will be discovered and shut down before they’re operational, but it doesn’t matter; more will come. The economics are unassailable. A good tunnel can take nine months or more to build and cost up to $2 million, but if it can stay open for only a few hours, the cartels can move enough marijuana through it to satisfy entire time zones—making enough money to pay for twenty more tunnels.

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Colorado’s Two Dozen Marijuana Shops Made Over $1 Million On The First Day Of Legalization

marijuana shop

Breaking: Coloradans have legal weed, soon to be very rich. Colorado’s 9NEWS reports:

Long lines and blustery winter weather greeted Colorado marijuana shoppers testing the nation’s first legal recreational pot shops Wednesday. Pot shop owners across Colorado believe they collectively made more than $1 million statewide.

The world was watching as Colorado unveiled the modern world’s first fully legal marijuana industry – no doctor’s note required (as in 18 states and Washington, D.C.) and no unregulated production of the drug (as in the Netherlands). Uruguay has fully legalized pot but hasn’t yet set up its system.

Colorado had 24 shops open Wednesday, most of them in Denver, and aside from long lines and sporadic reports of shoppers cited for smoking pot in public, there were few problems.

Marijuana skeptics, of course, watched in alarm. They warned that the celebratory vibe in Colorado masked dangerous consequences.

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Colorado and Washington Prepare for Cannabis Tourism

cannabisHopefully the other states will start to fall in line when they see what prohibition is costing them in lost tourist dollars.

Marijuana users in Colorado and Washington are counting down the hours before the western US states become the first to legalize recreational pot shops on January 1.

Blazing a trail they hope will be followed in other parts of the United States, cannabis growers and others are also rubbing their hands, while tax collectors are eyeing (sic) the revenue the newly-legalized trade will generate.

Enterprising companies are even offering marijuana tours to cash in on tourists expected to be attracted to a Netherlands-style pot culture — including in Colorado’s famous ski resorts.

“Just the novelty alone is bringing people from everywhere,” said Adam Raleigh of cannabis supplier Telluride Bud Co.

“I have people driving in from Texas, Arizona, Utah… to be a part of history.

“Over the last month I have received somewhere between four to six emails a day and five to 10 phone calls a day asking all about the law and when should people plan their ski trip to go along with cannabis,” he added.

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Tides Are Turning, the War on Drugs Is Ending, but Prohibitionists Just Won’t Give up the Ghost

via chycho World-cannabis-laws_dec2013

I. The Dominoes Are Falling

Now that Uruguay has become the first country in the world to legalize the production and sale of cannabis, let’s take a look at an updated map of Wikipedia’s legality of cannabis by country. In addition to the beautiful blue speck representing Uruguay in South America, please pay close attention to the two areas shown in the United States of America, expect there to be more (2). click to enlarge - Source: “Legality of cannabis by country”

II. The Tides Are Turning

With the federal government stating that they will not interfere with the legalization of cannabis in Washington State and Colorado, and corporate shills...
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Rasta Zombie: Director Mitch Williamsmith On Legalization and the Undead

Rasta ZombieFull disclosure: I’m not a fan of zombies.  My favorite zombie film is still Night of the Living Dead and I only made it through about twenty minutes of the first episode of The Walking Dead before getting bored and switching to some cartoons.

I really didn’t think there was too much ground left to cover for stories about the undead.  We’ve seen proverbs of survival, criticism of consumer culture, and allegorical tales of human beings facing the personification of the primal lizard brain.

But zombies versus pot?  Scary.

Writer and director Mitch Williamsmith, along with producer Shaun Kennedy and cinematographer Brian Kennedy, are working on their new film, Rasta Zombie, which will combine marijuana activism, zombie apocalypse, and every conspiracy theory you’ve ever heard.

But how can a zombie film successfully tackle a theme like marijuana legalization?  I cornered Williamsmith and demanded answers.

ISLA: Tell me about your plans for the film.Read the rest

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Can Smoking Marijuana Cause Enlarged Breasts In Men?

moobsThe next drug-related hysteria? Via CNN, a plastic surgeon claims that his field’s experts link pot smoking with gynecomastia, or, as the professionals term it, man boobs:

For now, if you have moobs, it’s probably best to put out that joint. Gynecomastia, otherwise known as man boobs (or moobs for short), is a condition that affects approximately 33% to 41% of men between the ages of 25 and 45.

Gynecomastia is caused by a hormone imbalance between testosterone and estrogen. Animal studies have shown that exposure to the active ingredient in marijuana can result in a decrease in testosterone levels, a reduction of testicular size, and abnormalities in the form and function of sperm.

So can smoking pot really give you man boobs? Probably. Although the association between marijuana and gynecomastia hasn’t been conclusively proven, it appears very plausible. The majority of plastic surgeons I’ve consulted with routinely inquire with their gynecomastia patients about cannabis use and recommend they stop smoking immediately.

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Canadian Mountie Fights For Right To Smoke Marijuana While In Uniform

mountedJust another instance in which the U.S. police need to a page from Canada’s royal mounties. The BBC reports:

A Royal Canadian Mounted Police officer has been told he can’t smoke marijuana while in uniform. Cpl Ronald Francis, an officer with more than 20 years’ service in the eastern province of New Brunswick, has a medical prescription that allows him to take up to 3g of the drug daily to treat symptoms of post-traumatic stress disorder.

While senior officers have said that his marijuana use is fine under Canadian medical and human rights laws, they have drawn the line over smoking in public while wearing the RCMP’s famous red serge uniform.

Francis has drawn the ire of his superiors by telling CBC in a televised interview: “There’s no policy in the RCMP that prevents me from smoking marijuana… I have the right to smoke it in my red serge.” Officials thought otherwise, with officers arriving at his home last week to seize his uniform.

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Five Health Benefits of Cannabichromene

200px-Cannabichromene-skeletal.svgWhile the names THC and CBD may ring some bells, very few are aware of a compound in marijuana called cannabichromene. That’s unfortunate, because cannabichromene is actually the second most abundant cannabinoid in marijuana, which means there is likely more CBC in your cannabis than CBD – even though CBD seems to get all the attention.

Via Leaf Science:

1. Fights Bacteria and Fungi

One of the earliest studies involving cannabichromene was published in 1981 by the University of Mississippi.

In the study, researchers found that CBC exhibited “strong” antibacterial effects on a variety of gram-positive, gram-negative and acid-fast bacteria – including E. coli and staph (S. aureus).

CBC showed “mild to moderate” activity against different types of fungi too, including a common food contaminant known as black mold (Aspergillus niger).

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