Tag Archives: Colorado

New Mexico’s State Licensed Medical Marijuana Producers’ Businesses and Bank Accounts in Jeopardy

According to a Drug Policy Alliance press release, just eight short months after the Federal Justice Department and Treasury Department announced new guidelines permitting banks to work with marijuana businesses, credit unions in New Mexico sent letters to nearly half of the state’s licensed medical marijuana producers stating that they will no longer accept their business and will proceed with closing their bank accounts.

The credit unions attest that they are unable to adhere to federal guidelines for servicing the medical marijuana business accounts. This move forces producers to operate on a cash-only payment system or leaves producers struggling to find another financial institution that is willing to accept their business.

Emily Kaltenbach

“It is disappointing to see that the banking industry in New Mexico is failing to protect medical patients and small businesses in light of the assurances the federal administration has provided and a robust and thriving medical marijuana industry in the state,” said Emily Kaltenbach, state director of the Drug Policy Alliance. “This abrupt move has all of us asking why they are unexpectedly ceasing to do business with the marijuana industry in New Mexico. We would like to know why they are unable to comply with the federal guidelines.”

Ultimately, these legitimate medical marijuana businesses are being denied the same financial services afforded to other industries in every state, despite generating large amounts of tax revenue, particularly in Colorado and Washington. In the meantime, beginning today, all medical marijuana business transactions in New Mexico will be cash-only.

Democratic U.S. Senate Candidate Alison Lundergan Grimes Says It is Time to Discuss Making Marijuana Legal in Kentucky

According to Kentucky.com, Democratic U.S. Senate candidate Alison Lundergan Grimes — whose tight race against Senate Minority Leader Mitch McConnell is receiving national media attention — said it is “worthwhile” for elected officials to discuss the prospect of making marijuana legal in the state of Kentucky.

Alison Lundergan Grimes

“I would want to the have the discussion, and I think that it’s worthwhile to bring the experts together and talk about the reclassification, especially for medical purposes,” Grimes said.

In addition, Grimes criticized McConnell for not recognizing the economic benefits Colorado is experiencing after making marijuana legal for adults and regulating it like alcohol.

Robert Steurer, a spokesman for McConnell’s Senate office, said in a statement yesterday that “Senator McConnell is strongly opposed to the legalization of marijuana as Kentucky families deserve no less.”

According to a Bluegrass Poll of registered Kentucky voters taken in February, 52% favored “allowing the use of medical marijuana in Kentucky.” Just 37% were opposed.

 

Arizona Marijuana Advocates Advance 2016 Initiative

Advocates of an effort to make marijuana legal for adults and regulated similarly to alcohol in Arizona in 2016 have filed paperwork with state elections officials, granting them permission to raise money to campaign for the citizen’s initiative, according to azcentral.com.

The Marijuana Policy Project of Arizona initiative will be fashioned after the voter-approved taxed and regulated recreational marijuana program in Colorado.

Andrew Myers, who is affiliated with the initiative, said Monday the group will bring together a “diverse coalition” to help draft the initiative’s language, adding that marijuana advocates are closely watching Colorado’s program to determine what should be replicated in Arizona—and what should be avoided.

Representatives of the Washington, D.C. based Marijuana Policy Project, which advocates to make marijuana legal and regulated, said it will pursue making marijuana completely legal in Arizona in 2016 because such efforts are more successful during presidential elections, which draw more voters to the polls.

About 50,000 Arizonians already legally use medical marijuana. Patients must first receive recommendations from a physician and then are able to obtain a card from state health officials under the Arizona Medical Marijuana Act, which was approved by voters in 2010.

Any effort towards making marijuana legal for adults in Arizona is expected to be countered with stiff opposition from law enforcement officials.

However, Colorado’s Amendment 64, which voters passed in 2012 with 55 percent of the vote, attracted young and new voters while tapping into the electorate’s libertarian streak. There are hopes that Arizona will tap into the same demographic and successfully follow the example of Colorado.

Marijuana Policy Project Launches ‘Consume Responsibly’ Campaign

As reported by The Washington Post, the Marijuana Policy Project, in partnership with marijuana industry leader Medbox, Inc., is now launching a $75,000 public education campaign to counter what communications director, Mason Tvert, describes as decades of “exaggeration, fear mongering, and condescension.” The campaign will launch at noon in Denver, Colorado in front of a billboard aimed at tourists.

The outdoor ad reads, “Don’t let a candy bar ruin your vacation. With edibles, start low and go slow.”

Consume Responsibly Ad
Consume Responsibly Ad

The ad is an allusion to the case of Maureen Dowd, a New York Times columnist who got sick from eating a marijuana edible on a visit to Denver to cover the topic of marijuana.

Ensuring the safe use of edible marijuana products has proven troublesome in Colorado since legal sales began in January. Many people have more experience smoking marijuana than consuming it in edible form, and because the effects have a slower onset with edibles, it is harder for inexperienced users to self-regulate. The headlines ridiculing legal pot advocates, as well as Dowd’s experience, have been enough for the industry to promote moderation with edible pot forms.

“So far, every campaign designed to educate the public about marijuana has relied on fear mongering and insulting marijuana users. Like most Americans, Ms. Dowd has probably seen countless silly anti-marijuana ads on TV, but she has never seen one that highlights the need to ‘start low and go slow’ when choosing to consume marijuana edibles,” Tvert stated.

The campaign will begin in Colorado, featuring print ads, online ads, and literature to be distributed at retail locations urging responsible consumption and directing people to ConsumeResponsibly.org, which is patterned after the alcohol industry’s “Drink Responsibly” campaign. It will present information about products, laws, and the effects of marijuana. The campaign will eventually expand to Washington, where marijuana is also legally taxed and regulated.

Madison Police Chief Urges End To Marijuana Prohibition

Mike Koval
Chief Mike Koval

In an interview last week, Madison, Wisconsin Police Chief Mike Koval called marijuana prohibition a failure and advocated regulating and taxing the substance in order to pay for treatment programs that focus on more dangerous drugs.

The comments came during an interview with the State Journal Wednesday about data showing African Americans in Madison were arrested or cited for marijuana offenses at about 12 times the rate of whites in the city.

Koval called efforts to enforce laws against marijuana an “abject failure” and said the same about the broader war on drugs. “We’ve done such an abysmal job using marijuana as a centerpiece of drug enforcement, that it’s time to reorder and triage the necessities of what’s more important now,” Koval said.

Referring to the states of Washington and Colorado, which have legalized the drug for recreational use and sale at state-regulated stores, he said it was time for Wisconsin to consider doing the same.

Under current Wisconsin law, possession of any amount of marijuana can earn you six months in jail and a $1,000 fine. A subsequent offense is a felony punishable by up to $10,000 in fines and three and a half years in prison.

Chief Koval is just one example of a growing movement of law enforcement professionals who are breaking rank with many of their colleagues and calling for an end to the war on marijuana users.