Pot

US Senator Elizabeth Warren “Open” to Legalizing Marijuana

US Senator Elizabeth Warren seems to be changing her tune about marijuana legalization – an issue that is expected to be front and center in the upcoming elections. She recently told the Boston Globe that she is “open” to the legalization of both medical and recreational marijuana. She was opposed to it just three years ago.

Marijuana Kills Cancer Cells, Admits the U.S. National Cancer Institute

National legalization of marijuana may be drawing a smidgeon closer. The National Cancer Institute (NCI), one of the federal government sponsored agencies, has just updated the FAQs on its website to include recent studies on marijuana showing that it can and has killed cancer cells.
These are the findings of studies NCI have included:

Arizona Court Just Ruled the Smell of Pot is Not ‘Probable Cause’

If police have been conducting shake-downs in their ‘drug war’ simply by going after the smell of marijuana, they will soon have difficulty upholding that action in a court of law – at least in Arizona. A judge there just ruled that police can no longer use the aroma of marijuana as ‘probable cause.’
That’s right, simply the smell of ‘Mary Jane’ is no longer sufficient reason for police to initiate a raid.

Indian Nations Protest Pot Raids

The U.S. Attorney’s Office recently raided medical marijuana programs of two tribal authorities in Northern California, which according a press release from the Leaders of Alturas Rancheria, is completely legal. Needless to say, the Tribal Authorities are quite upset about the event. The operations were owned by the Alturas Indian Rancheria and the Pit River Tribe.

Marijuana Cost Drops Significantly in Colorado as Traffic Booms

Just over a year after Colorado started selling marijuana in licensed dispensaries, they are seeing more customers than ever, but according to Nicholas Colas and his team at Convergex, a global brokerage company based in New York, Colorado citizens aren’t paying as much for their marijuana nowadays.
After interviewing several stores in Colorado, Colas found that prices are declining faster than some anticipated. Is there too much supply and not enough demand, or are there other factors at play here?