Honest Marijuana

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By Anthony Franciosi

12 Pros & Cons Of Marijuana Legalization

It’s been only almost six years since the first week of November 2012, when Colorado and Washington became the first two states in the Union to legalize recreational marijuana. It’s been only four-and-a-half years since December 2013/January 2014, when public sales of the wacky weed weren’t a criminal offense. Oh, how far we’ve come in such a short amount of time.

Closeup of Cannabis female plant in flowering phase.

Now, nine states have laws on the books making recreational marijuana sales and use legal. A further twenty have legalized medical marijuana use, but have yet to address the recreational issue. So even though more than half of these United States have declared one form or the other of marijuana use legal, the federal government still views marijuana sales and use as on par with that of heroin or cocaine.

The states that have taken steps to legalize public pot sales can offer a whole list of benefits. The states—and the federal government—that haven’t decriminalized recreational and medical marijuana, are still holding tight to a list of disadvantages.

What are those pros and cons? Honest Marijuana has compiled the most common legalization of cannabis pros and cons here in one place for your edification.

[Read more…]

Filed Under: History, Legalization, Organic Marijuana Tagged With: marijuana legalization

By Anthony Franciosi

Marijuana Stocks: High Returns?

marijuana stocksSource: http://azmarijuana.com/arizona-medical-marijuana-news/shocking-growth-statistics-marijuana-industry/

Whoever said “money doesn’t grow on trees” clearly wasn’t a stoner or a stock broker. The US market for legal cannabis grew from $1.5 billion in 2013 to $2.7 billion in 2014 making it the fastest growing industry in the U.S. according to findings from a ArcView Group market research study published in 2015. The report predicts that legal marijuana sales will generate as much as $21.8 billion by 2020. As a result, cannabis is arguably the best aggressive growth opportunity the market currently has to offer!

marijuana stock fraudSource: http://www.feritation.com/blog/stocks/marijuana-penny-stocks-scams-23-billion-pump-dump/

However, the risks of investing in marijuana stocks are much higher than the potential payoffs. The marijuana composite index is very volatile primarily because cannabis is still federally illegal. The volatility is also due to “novice investors who are flooding into the stocks on the promise that they’ll find riches with the decriminalization/legalization of marijuana,” according to Simon Burns, an Openfolio representative. Some experts still suggest however that the time to buy marijuana stocks is now before the barriers to entry become too high. This post will cover everything you need to know about the high potential returns of marijuana stocks, the Securities and Exchange Commission (SEC)’s warnings about cannabusiness scams and how to begin investing in the marijuana penny stocks.

[Read more…]

Filed Under: Legalization, Other

By Anthony Franciosi

Recreational Marijuana Laws: What New State Laws Mean

The unexpected trend of individual states legalizing marijuana and removing recreational marijuana laws shows how grassroots political will can make an impact, in spite of opposition from large corporations and the federal government. The triumph is renewing faith in the democratic process as much as it is replenishing local tax revenues.

“Records show, every time you get marijuana on the ballot, you get a 1 to 2 percent jump in turnout” according to Nevada State Senator Richard “Tick” Segerblom, who’s state, according to Nerdwallet.com, has $36,100,059 in tax revenue to glean from regulated and taxed marijuana.

recreational marijuana laws by state

Sources: National Organization for the Reform of Marijuana Laws (NORML); National Conference of State Legislatures (NCSL)

Apparently people power still works when it comes to legalizing pot!  The key reason why recreational marijuana was legalized in Alaska, Colorado, Oregon, Washington, Washington D.C. and why it is more likely to be legalized in Nevada, Massachusetts and Arizona where The Marijuana Policy Project is supporting an uphill battle, as opposed to states like New York in the next year is because the former states have direct ballot initiatives that allow referendums on popular issues such as marijuana legalization if enough signatures can be collected. New York and many other states do not. New Yorkers along with the citizens of 28 other states will have to wait for their state legislatures, if not for Federal courts, to enact full recreational marijuana legalization.

[Read more…]

Filed Under: Legalization

By Anthony Franciosi

The Official Colorado Recreational Marijuana Resource Guide

colorado recreational marijuana

Are you every bit as excited about the Colorado recreational marijuana buzz as we are? Are you planning a pot pilgrimage? Are you completely info overwhelmed too?

We scoured the internet and talked to our “go-to sources” to provide a comprehensive guide on the Colorado recreational marijuana scene just for you. We talked to our friends Johnny Hempseed, an anonymous Colorado native, grower, dispensary owner and cannasseur in Denver CO as well as Kevo who grows ganja for CareGiversForLife a medical and recreational marijuana dispensary in Cherry Creek CO for some local tips on how to get high and have a great time in Colorado!

[Read more…]

Filed Under: History, Legalization

By Anthony Franciosi

The Real Reasons Weed Is Illegal

Marijuana_Illegal

Marijuana, pot, weed, cannabis, the green monster, the salad, the good stuff. It has many names and has been the cornerstone of many a heated debate.

23 states have now legalized weed in some form or another and four states and the District of Columbia have (finally, yay) legalized weed for recreational use.

But weed has always been on the long and winding road from cultural staple, to labeled as toxic, to recreational to illegal, to kind of legal and finally (hopefully) legalization for over a hundred years. People have been fighting to get pot legalized since the 1970s. And we thought prohibition was a bitch, sheesh.

There have been many justifications for keeping cannabis illegal in the United States. The government has called it a “gateway drug,” we’ve likened it to heroin and cocaine, we’ve kept our children from it, warning them not to become “potheads.”

[Read more…]

Filed Under: Legalization

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