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MarijuanaPOS.com Launches Risk-Free Merchant Accounts Services for the Medical Marijuana Industry

MarijuanaPOS.com, a business dedicated to helping business owners in the medical cannabis industry, announces risk-free merchant account services with the launch of its new web site. The site's main focus is to provide credit/debit card processing services for medical marijuana dispensaries, collectives, delivery services, and other related businesses secure merchant account services.
Publication/Source: 
Benzinga (DE)
URL: 
http://www.benzinga.com/press-releases/11/01/p786732/marijuanapos-com-launches-risk-free-merchant-accounts-services-for-the-

DEA Emergency Ban on Synthetic Marijuana NOT in Effect

Contrary to previous reports that a DEA emergency ban on synthetic cannabinoids had gone into effect on December 24, that emergency ban has been delayed. The DEA published a notice in the federal register dated January 7 that its November 24 notice of intent to institute an emergency ban had to be revised due to "administrative errors."

Still legal under federal law -- at least for now. (image via Wikimedia)
Sold under a variety of names, including Spice and K2, the synthetic cannabinoid products have been criminalized in about a dozen states, with more states on track to join the list.

DEA spokesperson Barbara Carreno confirmed to the Chronicle January 13 that the ban was not yet in effect. "We're still writing the regulations," she said, explaining that, "While we must give the public 30 days notice, that doesn't mean it automatically becomes illegal. We're working diligently on it and hoping to get it done quickly."

The delay was forced by legal challenges from the Retail Compliance Association, a newly-formed retailers' organization created to block the DEA ban. "They need to stop hurting the small businesses that sell these products, and at least have a grip on the basics of the laws that govern their actions" said Dan Francis, the group's executive director, in a press release. "These rule do apply to them, they can't just declare that they don't and have it that way, we are a country of laws, passed by congress, not dictated by the DEA."
 

Washington, DC
United States

Prohibition-Created Drug Trafficking Organizations Intensify Attacks in Mexico's Richest City

Location: 
Monterrey, NLE
Mexico
Drug trafficking organizations fighting over Mexico's richest city have launched a wave of attacks against police and rivals since New Year's Eve, crushing hopes of a fall in violence and alarming business leaders.
Publication/Source: 
Reuters
URL: 
http://www.reuters.com/article/idUSTRE70B4WL20110112

WeedMaps.com Experiences Significant Growth in 2010, Creates Medical Marijuana Stock Exchange

Weedmaps Media, Inc. grossed revenue of over $3,000,000 in 2010 compared to a gross revenue of less than $150,000 in 2009, its first year of operation. Weedmaps.com, a division of Weedmaps Media, Inc. is the largest finder site for medicinal marijuana dispensaries in the United States.
Publication/Source: 
Centre Daily Times (PA)
URL: 
http://www.centredaily.com/2011/01/05/2434023/weedmapscom-experiences-significant.html

Federal Fake Marijuana Ban Challenged

Location: 
Duluth, MN
United States
A Duluth man is now part of the first lawsuit challenging a federal ban on several ingredients found in synthetic marijuana products. Jim Carlson owns Last Place on Earth in downtown Duluth. He was already challenging the city's ban on fake pot ingredients.
Publication/Source: 
WDIO (MN)
URL: 
http://www.wdio.com/article/stories/S1901571.shtml?cat=10335

Drug Trafficking Organization's Bandits Stealing Oil to Fuel Mexican Drug Prohibition War Kill 27

Location: 
San Martin Texmelucan, TLA
Mexico
A breeched oil pipeline caused a massive blast in the Mexican town of San Martin Texmelucan. Rivers of fire coursed through the streets, killing at least 27 people and damaging 115 houses.
Publication/Source: 
TakePart (CA)
URL: 
http://www.takepart.com/news/2010/12/20/bandits-stealing-oil-for-mexican-drug-war-kill-27

Medical Marijuana Business Attracts Hedge Funds, Venture Capitalists

Medical marijuana is legal in 15 states and the District of Columbia. It's popularity is attracting attention from hedge fund managers and venture capitalists, not to mention a whole new batch of entrepreneurs.
Publication/Source: 
ConsumerAffairs.com (CA)
URL: 
http://www.consumeraffairs.com/news04/2010/12/medical-marijuana-business-attracts-hedge-funds-venture-capitalists.html

Marijuana Seed Company Sees Budding Business

Location: 
CO
United States
Now that Centennial Seeds has established a presence in Colorado selling cannabis seeds to producers of medical marijuana, Ben Holmes wants to tackle supplying seeds to vendors in other states where medicinal use of the drug is legal.
Publication/Source: 
CNBC (NJ)
URL: 
http://www.cnbc.com/id/40567103

Draft of Colorado Medical Marijuana Rules Is a 90-Page Tome

Location: 
CO
United States
Medical marijuana advocates and government representatives hammered out the final details of proposed new rules that would give Colorado the most comprehensive seed-to-sale cannabis business regulations in the nation. The rules would govern everything: how state officials regulate marijuana cultivation; how dispensary owners keep track of their sales; what makers of marijuana-infused pastries should put on their labels. Several of the rules would place Colorado in unprecedented territory — for instance, requiring marijuana growers to install security cameras through which state auditors could remotely monitor their crop.
Publication/Source: 
The Denver Post (CO)
URL: 
http://www.denverpost.com/news/marijuana/ci_16794489

Planners OK Medical Marijuana Zones in Battle Creek

Location: 
Battle Creek, MI
United States
The Battle Creek Planning Commission recommended changing the city's zoning rules to allow growing marijuana for medicinal use in certain commercial zones. Compassion clubs, operations that provide support services for medical marijuana patients, would be allowed in some zones and would give patients a second place to use their medicine besides their homes.
Publication/Source: 
Battle Creek Enquirer (MI)
URL: 
http://www.battlecreekenquirer.com/article/20101202/NEWS01/12020314/Planners-OK-medical-marijuana-zones-in-B.C.

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