Connect with us

Uncategorized

Legal Cannabis in Texas Could Create $500 Million a Year in Tax Revenue

Avatar

Published

on

A new economic analysis shows that legalizing cannabis in Texas would generate up to a half a billion dollars annually in tax revenue as well as create tens of thousands of jobs in the state.

Vicente Sederberg LLP, a national firm that specializes in cannabis law and policy, found that if given the estimated adult-use cannabis market, Texas would reach $2.7 billion annually in cannabis sales. Legalizing cannabis in the state would also raise an additional $10 million in business licensing fees, which would help offset the cost of starting a cannabis regulatory program. The report adds Texas would save an estimated $311 million a year in criminal justice resources if cannabis were legalized in the state.

“Hundreds of millions of dollars in new tax revenue and tens of thousands of new jobs would be especially helpful in overcoming the losses stemming from the COVID-19 pandemic,” said Shawn Hauser, a partner at Vicente Sederberg, in a news release. “Texas is leaving an enormous amount of money on the table by keeping cannabis illegal.”

The report found between 20,000 and 40,000 jobs would be created directly in the industry, along with tens of thousands of ancillary jobs such as construction work, HVAC installers and manufacturers and electric and water service providers. Legal cannabis would also bring in a lot more tourists, enough that Colorado Governor Jared Polis jokingly told Texas to not legalize cannabis so his state keeps reaping the benefits of cannabis tourism.

The University of Connecticut also released a study that projected how much money legal recreational cannabis could bring to Connecticut. The study, backed by the Marijuana Policy Project, found the state could bring in up to $100 million in tax revenue in just four years.

Continue Reading

Uncategorized

Strain of the Week: Cheesecake

Avatar

Published

on

Thanksgiving is upon us once again. Whether you’re getting together with family (despite differing opinions about the election or concern about COVID-19 gatherings) or staying home, there are always two types of people. Those who like pie as a traditional dessert during the holidays, and those who prefer cheesecake. Both fruit pies and cheesecakes have many varieties in flavor, and often enough it really comes down to whether or not you like fruit or cheese—and the obvious answer is cheese, of course. This week we’re looking at a strain called Cheesecake.

Unless you’re looking at a key lime-flavored cheesecake, you’d be hard-pressed to find any cheesecake that is relatively green in color. Usually, cheesecakes feature a cream color, maybe some black (a la chocolate cookies) or red (via fresh raspberry) instead. The strain we’re reviewing this week though is encased in a beautifully vibrant green hue that is truly a beauty to behold. Once you begin to break it up though, and you’ll find that its scent is the reason behind its curious name. Aroma of fruity, sweet cheese reminds you of a fresh, blueberry cheesecake.

Cheesecake is caked with shiny trichomes, exuding a visual potency making you want to get home as quickly as possible to savor its flavor and strength. As a strong indica-dominant strain, it’s the perfect way to end the day, just like a slice of cheesecake is the perfect way to end a Thanksgiving meal.

For those who relish a good “dessert” strain, this one will provide a light, giggly mindset with a comfortable body effect. Reviewers report that many people will find a time-space distortion that persists way longer that one might expect. Never fear—this strain will help to temporarily dispel the fears of the present (and the future).

Continue Reading

Uncategorized

Seth Rogen Recommends Cannabis and Movies to Suppress COVID-19

Avatar

Published

on

Actor Seth Rogen sent out a tweet this weekend providing a brief but thoughtful cannabis-inspired message to fans.

On August 15, the actor aimed to motivate his followers to remain at home to stop the spread of COVID-19, and smoke cannabis while doing so. “People of British Columbia! Please do not go out to parties and BBQs and other large gatherings! The COVID is still out there! It’s more fun to hang out alone and smoke weed and watch movies and TV shows anyway! Do that instead! Thank you! the actor wrote.

His message specifically targeted the Canadian province of British Columbia, given his Canadian heritage. Rogen, along with actor Ryan Reynolds, were both asked by the Premier of British Columbia, John Joseph Horgan, to motivate citizens to play it safe and help control the spread of the virus. After the Tweet went out, Horgan backed up Rogen’s statement with the province’s Provincial Health Officer, Dr. Bonnie Henry.

With the help of a few famous Canadians, Horgan hopes to continue finding ways to reiterate the importance of social distancing, especially when it comes to sharing cannabis products. Dr. Henry has also driven that fact home by providing many facts on her government website. Under “Don’t pass around drinks, smokes, tokes, and vapes,” the recommendation reads: “Now is not the time for sharing anything that’s been in your mouth.”

The topic of using cannabis while being infected with COVID-19 is still controversial. Although cannabis is well-known as a useful tool to treat inflammatory symptoms, there aren’t many studies yet regarding its effectiveness against a respiratory illness. In March NORML suggested that it may not be a good idea to mix the two for the time being. “. . . because COVID-19 is a respiratory illness, some of you may wish to limit or avoid their exposure to combustive smoke—as this can put undue stress and strain on the lungs,” the organization wrote.

This is not the first time Rogen has spoken out for something he believes in. He’s been an adamant advocate of cannabis for some time, but has also stood up for other causes, such as research into Alzheimer’s disease.

Continue Reading

Product Review

Toker Poker

Avatar

Published

on

Your stocking stuffer search ends here! For only $10 the Toker Poker will certainly bring cheer to that special stoner on your list (even if that is you). This soulfully designed lighter case has everything you need and nothing you don’t. Finally, your poker, tamper, hemp wick and lighter are in the same place. Use promo code CULTURE20 for 20 percent off at tokerpoker.com (offer expires 12/31/2019).

Price: Starting at $9.95
More Information: tokerpoker.com

Continue Reading

Newsletter

Trending