Mar 20 2015

Los Angeles Legalization Roundtable

Oppose Centralization of Control Over Plants

marijuana_legalize-not-monopolizeThe following discussion came in my email and I decided it was interesting enough to format it and publish it.

From: Bruce Margolin
Sent: Friday, March 13, 2015 12:44 PM
Subject: LA Legalization Roundtable 3/21: RSVP

The first Legalization Roundtable meeting in Hollywood was a success. Approximately 70 professionals — growers, dispensers, clinic owners, doctors and local leaders — joined together to provide input on the 2016 initiative.

As momentum for legalization builds across the state, the Coalition for Cannabis Policy Reform, ReformCA and LANORML ask you to join us to continue the discussion on the important issues at play in the initiative.

March 21, 2015 at 10am – 2pm

8749 Holloway Dr
West Hollywood, CA 90069
United States

Read more and RSVP at:

From: Donna Lambert
To: Letitia Pepper
Cc: Bruce Margolin ; SFBay Cannabis Community ; Global ; Save Cannabis
Sent: Saturday, March 14, 2015 9:01 AM
Subject: Re: LA Legalization Roundtable 3/21: RSVP

Read entire article.

Mar 16 2015

The future of medical marijuana in Washington State

Posted by J. Craig Canada in business, legalization, politics, steve sarich

Aug 09 2014

Marijuana Stock Wrapup, August 2014

Posted by J. Craig Canada in business, cheryl shuman, justin hartfield
Marijuana Index chart for the 6 months ending 2014-08-09

Marijuana Index chart for the 6 months ending 2014-08-09

A couple of years ago I created an index of the marijuana stocks that were trading at the time of the election, about $100 worth of each purchased October 1, 2012 for a total cost of $1,451.25. All but one of them were selling for less than a dollar, for much less than a dollar.

Marijuana Index as of 2014-08-09

Marijuana Index as of 2014-08-09

There are a couple I didn’t include because they were such obvious jokes.

Cannabis Index chart for 6 months ending 2014-08-09

Cannabis Index chart for 6 months ending 2014-08-09

Rapid Fire Marketing (RFMK) was one such joke which I did include because it was associated with Cheryl Shuman, who subsequently surprised nobody that had been paying attention when she engineered a hostile takeover of the grassroots organization Moms for Marijuana, alienating the rank and file, most of whom quit in disgust or were tossed out for questioning her methods. The entire Board of Directors resigned as well.

Cannabis Index as of 2014-08-09

Cannabis Index as of 2014-08-09

Notably not included was CANA (General Cannabis, formerly LC Luxuries Limited), the stock symbol for Justin Hartfield’s Weedmaps, which sold consistently for $4, and then plummeted as Hartfield ruthlessly diluted it and then sold it to SearchCore (SRER).

SearchCore subsequently sold Weedmaps to RMJ BV, a private Dutch company, with the provision that SearchCore retained sole right to use the application for anything except marijuana, and the private Dutch company could use it only for marijuana. So, the people who invested in Hartfield in order to invest in marijuana got royally screwed.

SearchCore stock is now selling for a nickel ($0.058), if you can find anyone to buy it. And Hartfield, the man who in 2009 told the Wall Street Journal that medical marijuana is a “farce”, is today treasurer of NORML.

(The penny-stock currently trading under the symbol CANA (Cannabis-RX) is not the same people or business. It is a real-estate scheme.)
Read entire article.

Dec 21 2013

Notes on Cannabis Policy Reform Act 2014

Posted by J. Craig Canada in business, law, legalization

On Thursday, December 19th, Ed Rosenthal announced on Facebook the filing of his Cannabis Policy Reform Act.  This was just over a week after a Field Poll announced on December 10th that a greater percentage of California voters (56%) would vote for the California Cannabis Hemp Initiative than supported legalizing marijuana (55%).

My initial reaction bordered on outrage:

You people whine and bleat about “unity”, but all you do is divide, divide, divide. You said you weren’t going to run an initiative this year, until you saw the Jack Herer initiative had a good chance, so then you come along and decide you and your deep pockets will blow his initiative out of the water.

If you were really about legalization you would be helping to get CCHI 2014 on the ballot rather than competing with it. Asshole.

It appears I wasn’t alone.  Pebbles Trippet summed it all up nicely:

Each one undercutting the others means none of them will get anywhere.

Read entire article.