A Denver credit union seeking court action that would enable it to represent legal cannabis businesses has had its case thrown out by a federal judge.
U.S. District Judge R. Brooke Jackson dismissed the case brought by Fourth Corner Credit Union against the U.S. Federal Reserve Bank of Kansas City, the territory of which includes Colorado.
“The courts cannot use equitable powers to issue an order that would facilitate criminal activity,”
said Jackson in the ruling.
The Fourth Corner Credit Union was established with the express purpose of serving business in the cannabis industry. Although the credit union was granted a charter in Colorado, the Federal Reserve branch had initially denied the credit union’s request for a master account, the account that would enable the credit union to deal with other banks, which triggered the credit union’s court action.
Arguing for Fourth Corner, South Carolina-based attorney Mark Mason argued that the Federal Reserve did not have to authority to regulate an already-running financial institution. The judge, however, wrote that the Federal Reserve was not obligated to allow a master account to an institution that would violate federal law.
The National Cannabis Industry Association, a trade organization dealing specifically with issues relating to cannabis, cited the judge’s ruling as proof that the matter must now be dealt with by Congress.
“There’s no shortcut, there’s no Band-Aid, there’s no work-around to fix this industry-wide,”
said Aaron Smith, the National Cannabis Industry Association’s Executive Director.
Eating cannabis in a variety of forms has been around for centuries, but the recent legalization of retail marijuana sales in Colorado and Washington in 2012 has sparked a huge market for new, tastier forms of edible marijuana treats. Do you have questions about marijuana edibles? Check out this Complete Guide to Marijuana Edibles to answer any questions.
Marijuana edibles crafted by the Denver area extraction company, Infuzionz, may be found exclusively at all 6 locations of The Green Solution dispensaries in Colorado. In this review, you will learn details of the 25 mg Infuzionz Marshmallow Crispy Treat with Peanut Butter Toffee. The 25 mg version is only available to patients with a valid medical marijuana registry card. The same treat is available for recreational purposes on the retail side, but those will only contain 10 mg per serving. The Colorado campaign, “Start low, go slow,” indicates that novice users should ingest a maximum of 10 mg the first time.
This medicated treat is approximately 2 inches by 2 inches of marshmallow and peanut butter goodness. The marshmallow crispy treat is topped with a thin layer of chocolate. The taste of the toffee was not evident in this particular sample. The flavors of marshmallow, peanut butter and chocolate were the most prominent, but the flavor of cannabis was also easily detected. The marijuana taste of this product was by no means overwhelming, but was definitely evident. Even if the product was out of the package, a person would be able to detect the scent and taste of cannabis.
The texture of this pre-packaged edible remained consistent with that of a fresh, homemade rice crispy treat, despite the unknown amount of time it spent in a package waiting to be sold. Although, the date this treat was made is not included on the package, there is an expiration date to prevent ingesting an expired item. There is also a batch number for tracking.
The packaging of this product is clear, concise and simple, but is not designed to be child resistant. Therefore, under Colorado law, these items must be placed in a child-resistant container before the purchaser may exit the dispensary.
There is a lengthy warning on the back of the package which clearly states basic information such as, the item contains marijuana, “intoxicating effects may be delayed by two or more hours,” and that it is only intended for consumption by adults aged twenty-one years and older. The milligrams of marijuana contained in the item is listed in 3 places on the package making it very easy to identify how much THC is in each package.
The package indicated that this edible item was processed in a plant that also uses wheat, soy, nuts, dairy, gluten and eggs. The ingredients listed on the front of the package are as follows:
- Rice puffs
- Milk chocolate
- Corn syrup
- Baking soda
Around 2:00 AM Wednesday morning 3-D Denver Discrete Dispensary was intruded and looted by 2 unknown individuals. The 2 unidentified robbers wore ski masks and gloves. The suspects entered through the cultivation area of the building which is at the back of the dispensary.
Surveillance video captured the entire act, and this footage will likely be used to get more clues about the robbery. The incident occurred at the store’s Brighton Boulevard location near 43rd, just a few blocks south of I70.
The thieves reportedly only left the building carrying bags filled with what appears to be just fertilizer.
Luckily, no people were harmed during this robbery.
via: CBS Denver