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A crooked hand: Maine`s legal weed rests on trademark of distressed notary


The possibility for Maine voters to choose in November whether to legislate marijuana boils down to the contested trademark of a single person notary and former lawmaker Stavros J. Mendros.

Mendros, who has a 2007 conviction related to his notary practice and who has been fined two times by the state principles commission, helped organize the petition drive to get the cannabis concern on the ballot.

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The Unusual and Dangerous All-Cash World Of Legal Weed

Regional laws may enable the legal sale of cannabis in lots of states, however federal laws still class it as a drug like heroin. And that implies no banks. Weed-selling, even legal weed-selling, is a cash-only business, which includes paying taxes.

Handling all revenue is a minor headache at the dispensary level, with the usual concerns of making modification, combined with the unusual requirement to store all that money safely. But exactly what about paying growers, or suppliers? Or paying your sales tax? Things rapidly get out of hand. (That's if you can participate the business in the very first place. BuzzFeed just recently highlighted how the minorities who were mainly targeted by the "war on drugs" are now overlooked of the legalization boom.).

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Legal marijuana outsold Girl Scout cookies in 2015

The legal cannabis company in the United States raked in between $3 billion and $3.4 billion in sales in 2015, according to the recently released 2016 Marijuana Business Factbook. Find more info on medical marijuana delivery los angeles .

As Quartz's Ana Campoy mentions, that implies United States customers spent more money on medicinal and recreational weed last year than Girl Scout cookies, which saw $776 million in sales. Dispensaries also outsold electronic cigarette companies, which offered $1.5 billion in 2015, according to Campoy.

 

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