oakland

$1.4 Billion Pot Tax is HIGH!

Published on: 23rd July, 2009

tax estimates are up in smoke

Green Gold? A California tax board says the state could reap $1.4 billion by legalizing and taxing marijuana, but their numbers are based on problematic "studies" from marijuana advocates. (Reuters)  | read this item

California’s tax board says the state could reap about $1.4 billion by taxing their biggest cash crop — marijuana — but their estimate appears to be based on hazy “studies” conducted by marijuana advocates.

California to legalize Marijuana?

Published on: 18th July, 2009

California State flag with marijuana leaf.

With California about to become the 1st state in the union to make marijuana 100% legal for adult use, we had to make a flag.  | read this item

SAN FRANCISCO (AP) — A drug deal plays out, California-style: A conservatively dressed courier drives a company-leased Smart Car to an apartment on a weekday afternoon. Erick Alvaro hands over a white paper bag to his 58-year-old customer, who inspects the bag to ensure everything he ordered over the phone is there.
An eighth-ounce of organic [...]

California’s pot clubs offer to pay more tax in fiscal crisis

Published on: 5th July, 2009

California's pot clubs offer to pay more tax in fiscal crisis  | read this item

Vendors of “medical marijuana” at legal herbal clinics in Oakland, California are offering to pay increased taxes in a move that many believe could save the state from bankruptcy.
Medical marijuana is big business in California. In Oakland last year “pot clubs” rang up sales of more than $20m (£12m). Currently those clubs pay a minimal [...]