Friday, February 14, 2014

Government Sets Marijuana Banking Rules

The Obama administration announced today that rules have been set for banks dealing with those who
legally sell marijuana.

Previously, most banks have refused to work with marijuana dispensaries due to fear of being prosecuted for handling drug money, which has led many to run cash only businesses. As a result, marijuana dispensaries have become targets for thieves looking for a big cash score.

The new rules, which were issued by the Treasury and Justice Departments, are intended to "move from the shadows the historically covert financial operations of marijuana businesses," said Jennier Shasky Calvery, director of the Treasury Department's Financial Crimes Enforcement Network in an interview with NBC News.

Under the new regulations, banks will be required to verify that the marijuana dealers they're working with are properly licensed and will be required to report any signs that dealers are engaging in illegal transactions.

Tuesday, February 11, 2014

Marijuana Strain Review: Green Lantern

This bud of Green Lantern is one of the top-shelf offerings from Canna Express in San Luis Obispo, CA and it doesn't disappoint. This Sativa features gorgeous orange hairs, a nice citrus aroma with undertones of skunkiness and a nice heady high that won't weigh you down. I could see this strain being great for depression. It sure lifted my spirits!

Sunday, February 9, 2014

'McGruff the Crime Dog' Sentenced for Marijuana Grow-Op

   An actor from Texas whose work history includes dressing up as 'McGruff the Crime Dog' and visiting schools to to denounce the use of drugs has been sentenced to 16 years in prison for running a sophisticated marijuana growing operation out of his home.

   John R. Morales was arrested after being pulled over by police in Texas in 2011 and found with cannabis seeds and blueprints for an indoor grow facility.

   Police searched Morales' home and found 1,000 cannabis plants along with an arsenal of 27 weapons, including a grenade launcher.

   Morales was sentenced Friday to 16 years and three months on weapons and drug charges. He portrayed McGruff for the Harris County Sheriff's Association in the 1990's.