First National Brand Of Marijuana = big Marijuana

Discussion in 'Marijuana News' started by Twistedweather, Jun 2, 2013.

  1. #1 Twistedweather, Jun 2, 2013
    Last edited by a moderator: Jun 2, 2013
    Seattle man hoping to launch first national brand of marijuana
    SEATTLE (AP) - Washington state businessmen who say they're trying to create the first national brand of marijuana received some heartfelt support Thursday from the former president of Mexico, Vicente Fox.

    Fox appeared at a news conference in Seattle, where he recounted how the war on drugs has ravaged his country and praised the states of Washington and Colorado for voting to legalize the recreational use of marijuana last fall.

    At the news conference, former Microsoft manager Jamen Shively discussed his plans to launch a new marijuana brand named for his great-great grandfather, Diego Pellicer. He says his company is joining forces with a Washington state chain of medical marijuana dispensaries run by John Davis, the Northwest Patient Resource Center, as well as dispensaries in Colorado and California.

    "This historic step today is to be observed and evaluated closely by all of us, because it is a game changer," Fox said. "I applaud this group that has the courage to move ahead. They have the vision, they are clear where they're going, and I'm sure they're going to get there."

    Fox, a former Coca-Cola executive who was Mexico's president from 2000-06, specified that he's not involved in the venture. He appeared at Shively's invitation. The two first met 13 years ago, when a company Shively used to run was opening a computer center in Sinaloa and Fox appeared at the inauguration, Shively said.

    Shively described grand visions for his pot brand - hundreds of millions of dollars in investments, tens of millions of customers, more than 1,000 jobs just at Diego Pellicer's Seattle headquarters.

    "Yes, we are Big Marijuana," he announced.

    In a filing with the Securities and Exchange Commission last March, the company wrote that it had raised $125,000 of an anticipated $625,000. Shively suggested those were outdated, but did not provide different figures.

    Washington and Colorado expect to begin allowing marijuana sales to adults over 21 at state-licensed stores beginning next year, but marijuana remains illegal under federal law, and the Justice Department has repeatedly said it can continue to prosecute large-scale, privately owned marijuana operations even when they comply with state law.

    It isn't clear how Shively's plans for a national marijuana brand might be accomplished without running afoul of federal laws regarding the distribution of an illegal substance or conspiracy to distribute an illegal substance. He and Davis said no money from their business will travel interstate, nor will the marijuana itself, but neither of those factors would necessarily shield them from arrest.

    Shively insisted that his deals with the dispensaries are structured in such a way as to minimize any risk of federal prosecution, but neither he nor Davis would explain how. Shively said he had acquired certain "rights" related to the dispensaries, and made the plan sound like a marketing agreement by which the stores, beginning next month, would be re-branded as Diego Pellicer.

    "Neither Diego Pellicer nor our investors are exposed to any significant risk, in terms of criminal risk," Shively said. "In terms of criminal risk, that is vastly mitigated. ... We're making strategic investments, but we're making them in such a way that they are not in violation of either federal or state law."

    Asked how his plan didn't constitute a federal conspiracy to distribute marijuana, Shively described his operation as "a conspiracy to obey the law."

    His securities lawyer, Mike Moyer of the prominent Seattle firm of Dorsey and Whitney LLC, declined to elaborate.

    Fox urged the reporters present to maintain a focus on the important issues at hand: the failure of the drug war, the thousands of lives lost, and the better alternative offered by legalization. He noted he'd rather be sitting at a table next to Shively than the notorious cartel leader Joaquin "El Chapo" Guzman.

    "This is a much better option, no doubt," he said. 
    Is this good or bad?
  2. One simple Solution , Grow your own .
  3. #3 claygooding, Jun 2, 2013
    Last edited by a moderator: Jun 2, 2013
    It is good,,big business bought prohibition and big business can take it out,,however the fight is going to get dirty now,,,the DEA just added CBD's to schedule 1 of the CSA,,giving them another out for denial of industrial hemp,,because they have developed strains with low THC trying to bypass the STC which for the most part failed,,now they will have to develop a strain that has low CBD's and THC,,,always more hoops. This is not the actions of an agency "giving up" on protecting it's rice bowl. Since CBD's are not psychoactive or habit forming(TMK) it will probaly be just a matter of time until it is removed by a lawsuit,,however we know how long they can wait to allow the case to be heard.
  4. I think this is a great thing.  I am worried about that Shively guy though, I could see the government try to make an example of him and he may end up worse off than Marc Emery.
  5. Ha that's awesome in my eyes because I was planning on doing the same thing
  6. #6 Bigfoot14, Jun 2, 2013
    Last edited by a moderator: Jun 2, 2013
    I just googled:   DEA + CBD
    According to what I found, CBD's, because they are derived from MJ, have always been schedule 1
    That should also mean that any drug derived from the opium poppy should be schedule 1 as well .......
    They've created a nice  Catch 22 with this......the DEA wants  FDA testing results before they will reschedule CBD's ......but the FDA won't allow you to test, unless you first get a schedule 1 licence to test from the DEA
  7. January 12, 2011   CBD = Schedule I 
       We have been hearing from misinformed people that CBD is not in Schedule I of the Controlled Substances Act. It is. The code number for cannabidiol in Schedule I is 7372. The situation is quite different in other countries. In many, CBD is not controlled. <a></a><span style="margin:0px;">Top</span>

    It apparently happened in or before 2011,,,I found it in another article but couldn't find it.
    I edited my post....see above - CBD's have been schedule 1 ever since the list came out......
  9. Ahhh... well, if anyone can skirt and/or write the laws, it's Microsoft.
    I find this so ironic:
    So the King of Hemp was killed by the American government, and now Microsoft Execs will attempt to kill off any mom and pop cannabis producers?
    Gosh, that almost isn't surprising in the least, is it? All in the family. Microsoft was probably bankrolled by hemp too!

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