Dispensary News

Markups of 9% and 75 cents; plus retailers will have to pay 6% of revenues.

The province has announced its markups on legal pot.

Come October, Manitoba Liquor and Lotteries will apply markups of $0.75 per gram on recreational cannabis, plus an additional nine per cent.

Retailers will have to pay, too, contributing six per cent of their revenues to a “social responsibility fee.”

– Read the entire article at CBC News.

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At least three companies will be selected to grow 10,400 kilograms of medical cannabis in Germany over the next four years.

A week after cancelling its first cannabis tender, the German government is once again inviting marijuana growers to apply for the country’s first legal cultivation licenses.

On Friday, Germany’s Federal Institute for Drugs and Medical Devices (BfArM) put out a call for 10,400 kilograms of medical cannabis, to be grown in-country over the next four years. The government expects to award contracts in the first half of 2019.

– Read the entire article at Financial Post.

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A home daycare center in North Carolina has been swept up in a pair of sting operations that netted marijuana, cocaine, heroin, and weapons this week. Police arrested and have filed multiple drug charges against the daycare’s owner and co-operator.

North Carolina Daycare Turns Out To Be A Stash House

Victoria L. Everett and Reshod J. Everett are in jail today on more than $700,000 bond after police found cannabis and other drugs in a residence the pair were operating as a home daycare center.

The daycare center, called Tori’s Playhouse, was the target of a search warrant police executed on Tuesday. Prior to the raid, police learned that the residence on the 1000 block of Ronald Reagan Dr. was a childcare center.

According to police, officers waited to conduct the raid until the daycare center had closed for the day, thus ensuring children were not present when authorities searched the premises.

During the search, police and detectives seized more than one hundred pounds of cannabis. Additionally, they found marijuana edibles and gummies, as well as other drugs. There were also six guns in the house.

Cannabis Prohibition Fuels Illegal Activity In North Carolina

The raid on the Tori’s Playhouse

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Pot icon Tommy Chong had some choice words for U.S. Attorney General Jeff Sessions during an appearance with Cheech Marin on the debut episode Cold Cuts with Al Roker. Cheech and Chong were guests on the new online show to celebrate the 40th anniversary of the comedy duo’s landmark film Up in Smoke.

While the trio chats and makes sandwiches, the conversation turns to the legalization of marijuana.

“It’s a medicine,” Chong says. “It was a medicine 5,000 years ago in China. And now it’s back being a medicine again.”

“As weed becomes closer to being totally legal, we get more popular,” Cheech says.

After mentioning some benefits of legal pot, Cheech beseeches Sessions to join the movement.

“It can be sold and you get tax money that goes for our schools and our fire departments. Come on, bring it, Jeff!” Cheech exclaims while giving two thumbs up.

Then the show cuts to a clip of Sessions repeating his predictable prohibitionist stance.

“My best view is we don’t need to be legalizing marijuana,” Sessions says.

That’s when Chong offers his advice to the attorney general.

“My message to Jeff Sessions—instead of having smoke blowing up your ass, try inhaling it,” Chong suggests.

More

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On Thursday, Pennsylvania’s Auditor General announced the release of a report titled “Regulating & Taxing Marijuana” that lays out the advantages of establishing a legal, regulated adult-use cannabis market. The attention-grabbing special report provides data detailing the potential revenue and financial benefits legal weed could bring to Pennsylvania.

PA’s Auditor General Eugene DePasquale Is Seeing Green

Naturally, an auditor general would play up the money-making aspects of legalizing marijuana. And the aesthetics of Eugene DePasquale’s 14-page report certainly suggest he’s seeing green.

On page six, a large, green heading reads “$1.66 billion” to indicate the economic boost PA can expect from legal cannabis. DePasquale’s math is simple.

Using survey data from the Substance Abuse Mental Health Services Administration, DePasquale calculated the number of adults who admit to regularly using marijuana in Pennsylvania at just under 800,000 people.

Then, using data from Colorado and Washington, DePasquale estimated Pennsylvania cannabis consumers would spend roughly $2,080 each per year on weed. That adds up to a $1.66 billion industry, should Pennsylvania legalize cannabis for adults.

But that estimate accounts just for sales, and wouldn’t include the economic benefits of job creation, business opportunities, investments and decreased criminal legal system costs.

Furthermore, DePasquale’s report

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