Posts Tagged 'Federal'

House Minority Leader Nancy Pelosi talks budget, guns, pot in Denver

Posted:   03/11/2013 07:17:02 PM MDT
Updated:   03/11/2013 09:03:51 PM MDT

By Electa Draper
The Denver Post

House Minority Leader Nancy Pelosi calls the congressional impasse on deficit reduction a values debate that boils down to “big oil v. little children.”

“We all know we ...

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Top Doctors Association Says “YES” to Medical Marijuana in Historic Endorsement

by Phillip Smith, February 20, 2008, 11:00pm, (Issue #524)

In a position paper, a leading American medical association has endorsed the medicinal use of marijuana, called for more studies of its medical uses, and urged the US government to get out of the way. The position paper from the American College of Physicians was released last Friday after being approved by the group’s governing body.

The American College of Physicians (ACP) is the nation’s second largest ...

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Holder: Feds to set pot legalization response ‘relatively soon’

http://www.politico.com/blogs/under-the-radar/2013/02/holder-feds-to-set-pot-legalization-response-relatively-157895.htm
By JOSH GERSTEIN | On the Courts, Transparency and More
2/26/13 11:43 AM EST

The federal government is nearly ready to announce how its law enforcement personnel and prosecutors will respond to the decision Colorado and Washington voters made in November to legalize marijuana use in their states, Attorney General Eric Holder said Tuesday.

“We’re still in the process of reviewing both of the initiatives that were passed,” Holder said at a morning appearance, answering a question from Colorado Attorney ...

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Drug Laws Ease but Bankers Still Say ‘No’ to Dealers

AMERICAN BANKER
Matt Villano
FEB 1, 2013
http://www.americanbanker.com/magazine/123_2/drug-laws-ease-but-banks-stay-straight-1055758-1.html?zkPrintable=true

As entrepreneurs go, John Davis is pretty much run of the mill. He strives to keep his customers happy. He wants to grow profit. He pays his taxes.

Perhaps the one remarkable aspect of his Seattle business, the Northwest Patient Resource Center, is what it sells: marijuana.

As a medical distributor of the drug, Davis has been in business legally for several years already. But it’s still hard for an outfit like his to embark ...

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Editorial: Provide banking access for state-licensed marijuana industry

Originally published January 30, 2013 at 4:21 PM | Page modified January 30, 2013 at 4:21 PM

Washington needs creative thinking and bold leadership to ease access to banking for a legal marijuana market.

Seattle Times Editorial

TO get a handle on the strange new reality of Washington’s legal marijuana market, consider what could happen when state-licensed pot stores open in December and none of the businesses can get a bank account.

That means no fiscal paper trail for state tax auditors and regulators ...

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