Chuck Schumer Introduces Far-Reaching Marijuana Descheduling Bill

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Chuck Schumer Introduces Far-Reaching Marijuana Descheduling Bill | NORML

WASHINGTON, DC — Senate Minority Leader Chuck Schumer, along with Senators Bernie Sanders, Tim Kaine, and Tammy Duckworth, on Wednesday introduced legislation, the Marijuana Freedom and Opportunity Act, to remove marijuana from the Controlled Substances Act and to provide funding for the expungement of criminal records for those with past marijuana convictions. “The time to decriminalize […]

Chuck Schumer Introduces Far-Reaching Marijuana Descheduling Bill | The Daily Chronic

The Daily Chronic

Senate Majority Leader Introduces Bi-Partisan Hemp Legalization Bill

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Senate Majority Leader Introduces Bi-Partisan Hemp Legalization Bill | Paul Armentano

WASHINGTON, DC — United States Senate Majority Leader Mitch McConnell (R-KY), along with Oregon Democrats Ron Wyden and Jeff Merkley have introduced legislation to remove low THC hemp from the federal Controlled Substances Act and amend federal regulations to better facilitate industrial hemp production, research, and commerce. The Hemp Farming Act of 2018 allows states, not the […]

Senate Majority Leader Introduces Bi-Partisan Hemp Legalization Bill | The Daily Chronic

The Daily Chronic

Cory Booker Introduces Federal Marijuana Legalization Bill Focused on Racial Justice

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Cory Booker Introduces Federal Marijuana Legalization Bill Focused on Racial Justice | Drug Policy Alliance

WASHINGTON, DC — United States Senator Cory Booker (D-NJ) introduced legislation on Tuesday that, if passed, would end federal marijuana prohibition and centers communities most devastated by the war on drugs. “The question is no longer ‘should we legalize marijuana?’; it is ‘how do we legalize marijuana?’ We must do so in a way that […]

Cory Booker Introduces Federal Marijuana Legalization Bill Focused on Racial Justice | The Daily Chronic

The Daily Chronic

Molycorp up 10 percent after congressman introduces rare earth legislation

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Coffman, Republican congressman quartz crusher from Colarado, introduced legislation on Wednesday calling for a variety of measures that would better ensure that the United States has secure access to rare earth metals.

Molycorp stock finished Thursday at $ 68.45. The stock’s 52-week range is $ 12.10 to $ 68.79.

Avalon Rare Metals, a Canadian-based exploration company also focused on rare earth metals and minerals, was up. Avalon rose 9.47% to $ 9.13 a share on Wednesday trading.

Some of the provisions national key projects within Coffman’s proposed legislation are the following:

• Directing appropriate federal agencies to expedite the permitting process in order to increase the exploration and development of domestic rare earth elements, without waiving environmental laws, and establishing a multi-agency Task Force to carry out this process;

• Setting up a Defense Logistics Agency (DLA) rare earth inventory — where DLA enters into long-term supply contracts and then makes the supplies available for purchase to federal government contractors — to generate a domestic market and facilitate the domestic sourcing of rare earth alloys and magnets;

• Making loans, backed by the federal government, available to start production should lending from the capital markets not be available;

• Requiring the various cabinet Secretaries to appoint Executive Agents for rare earths;

• Establishing a rare earth program at the U.S. Geological Survey.

Molycorp is a Colarado-based rare earth miner that runs the Mountain Pass, an open pit rare earth element mine in California. The mine is being expanded and modernized. Work is supposed to finish this year. By 2013, the company expects the mine to produce 40,000 metric tonnes of rare earth iron ore sotne crusher oxide, a doubling of the mine’s production capacity.

China, which produces 97% of the world’s supply of rare earth metals, is placing restrictions of the rare earth metal exports.

Interest rate rises in a shrinking economy.

Where an economy is in recession and inflation starts to rise from food and energy inflation, the economy finds it extremely difficult to absorb such inflation, in all areas of the e economy. Traditional economics would have central banks attempt to ensure that such inflation does not flow into other areas, but it can only use interest rates to do it. This is like a misdirected sledgehammer in so many cases as it now imposes yet another burden on businesses that are struggling to survive and ensure minimum profitability. The effect of interest rate rises in this climate is to curtail business activity even more. At its worst, it can eventually precipitate a depression. By damaging already weak consumer confidence, its impact is that much greater and that much more difficult to recover from.  If confidence is already undermined, then such further cost pressures send it spiraling downward. The U.K. may experience this situation in 2011 and 2012.

Mining machine manufacturer

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MMJ Business Academy Introduces Cannabis Boot Camp

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Colorado Springs, CO (PRWEB) January 23, 2015

The MMJ Business Academy, a Colorado Springs-based organization dedicated to helping entrepreneurs succeed in the medical marijuana industry (MMJ), today announces the launch of Cannabis Boot Camp. The Cannabis Boot Camp is an in-depth, two-day program designed for individuals wishing to start a successful MMJ business or expand their existing operations. The program is led by accomplished advisors well versed in MMJ law and best practices, as well as investors and seasoned entrepreneurs. The Cannabis Boot Camp, held at the Mining Exchange Hotel in downtown Colorado Springs, will start on Saturday, January 31, 2015 and will be followed by an investor pitch event on Sunday, February 1.

Speakers will include the following:

KC Stark, Founder and CEO of Medical Marijuana Business Academy
Charles T. Houghton, Esq., Owner of Charles T. Houghton, P.C., a law firm dedicated to providing business, compliance, licensing and regulatory advice to the recreational and medical marijuana industry.
Alina Lekser, Venture Capitalist, keynote speaker.

“The medical marijuana sector is exploding,” said Stark. “MMJ is currently a $ 2 billion market that’s projected to grow to $ 10 billion by 2018. It’s a land of opportunity, with the potential of becoming a big economic driver, that’s also fraught with pitfalls. We created the Cannabis Boot Camp to help entrepreneurs avoid common mistakes and significantly increase their chance of success.”

“Starting a company is easy; running a successful MMJ business is an entirely different story,” said Houghton. “This is a complicated, highly regulated, ever-changing market. Cannabis Boot Camp provides entrepreneurs with relevant, up-to-date information—everything from regulatory compliance, to day-to-day operations, to key business decisions — that helps them start and grow best-in-class businesses. The event also makes it possible to connect with experts who can answer questions and help entrepreneurs make key business decisions. ”

Stark and Houghton, both members of City of Colorado Springs Medical Marijuana Task Force, that assisted the City in developing its regulatory framework, have helped hundreds of entrepreneurs create thriving companies.

“KC was instrumental in helping us open our business and getting our marketing going,” said Gina Haynes, Manager of The Herb Shoppe. “KC is very knowledgeable about the industry and passionate about helping entrepreneurs create premier establishments.”

“The 18th Amendment of the United States Constitution turned martini-consuming but otherwise law-abiding citizens into criminals, and caused legitimate businesses to be replaced with illegal ones that paid no taxes,” said Perry Sanders Jr. Esq., owner of the Mining Exchange Hotel. “It took years for the United States to come to its senses and end prohibition of alcohol. Repealing the current version of prohibition makes a lot of sense. Not only will it take the black market profit out of marijuana and reduce the funding of gangsters and terrorists, it will also stop the obvious hypocrisy of putting people in jail for choosing one drug over another—wine over marijuana, for example—and bring an evenhandedness to the process of taking away a person’s freedom. I’m very pleased with the progress that the State of Colorado and people like KC Stark are making in reforming marijuana laws and establishing legitimate, taxpaying businesses.”

One Stop Shop for Entrepreneurs

The Cannabis Boot Camp offers entrepreneurs a convenient one stop shop where they can get the information they need to launch and grow successful MMJ businesses.

Boot camp participants will:

Learn how to apply for all necessary licenses, comply with the regulations, and understand how to form and operate a successful marijuana business;
Acquire tools for success in the medical marijuana industry;
Meet like-minded entrepreneurs;
Develop an understanding of how to effectively pitch to investors.

Dates and Sessions

Saturday, January 31, 2015, 9am – 4:20pm: Regulatory compliance, choice of entity, taxation, commercial leasing, operational procedures.
Saturday, January 31, 2015, 6pm – midnight: Caiji business networking event for boot camp participants. Entrepreneurs will have the opportunity to meet boot camp speakers, mentors, investors, and seasoned entrepreneurs with successful MMJ businesses.
Sunday, February 1, 2015, 11am – 1pm: Investor Pitch Round Table at Studio A64, 332 E. Colorado Ave, Colorado Springs, CO 80903. Entrepreneurs will have the opportunity to pitch their marijuana-related idea or business to a panel of investors, attorneys, and MMJ experts. Entrepreneurs wishing to present should apply at: start(at)mmjbusinessacademy(dot)com.

Accredited investors interested in attending the Investor Pitch Round Table should contact investor(at)mmjbusinessacademy(dot)com.

Who should attend the Cannabis Boot Camp? Entrepreneurs interested in the MMJ industry and investors wishing to invest in MMJ startups. Community leaders are also encouraged to attend.

Price: $ 299.00 USD per person

Where: Mining Exchange Hotel

8 South Nevada Avenue, Colorado Springs, Colorado

When: January 31 and February 1, 2015

RSVP: Space is limited and registration is required. To reserve your spot, please register at

More info: For additional details about the Cannabis Boot Camp:

About MMJ Business Academy

Founded in 2010, and headquartered in Colorado Springs, Colorado, the MMJ Business Academy helps entrepreneurs, investors, and current owners of cannabis businesses navigate the legal web of regulations and take advantage of market opportunities in the United States’ quickly expanding cannabis industry. For more information, please visit

Forward Looking Statement

Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements reflect the Company’s current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties, which have not been independently verified by the Company. Although MMJ Business Academy believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, MMJ Business Academy cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include actions taken by regulatory authorities and other matters beyond the control and/or prediction by the Company. Information contained in this press release (not limited to forward looking statements) speaks only as of the date of such information and the Company expressly disclaims any obligation to update or revise the information herein.

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