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The first week of Oregon’s recreational marijuana industry was nothing short of a success and retailers raked in more than $11 million. This amount greatly surpassed the $5 million mark set by Colorado retailers during the first week, as well as Washington State who brought is $2 million during the…

Oregon’s Governor Kate Brown (Democrat) signed Senate Bill 460 into law which permits the sale of recreational marijuana in existing medical marijuana dispensaries beginning October 1, 2015 – almost one year earlier than expected. Residents will not be able to purchase edibles or oils, only dried marijuana.The governor’s spokeswoman, Kristen…

Yesterday, a group of bipartisan senators from Oregon and Colorado introduced a bill that would legalize banking for recreational marijuana businesses. The bill would prohibit the federal government from penalizing banks that work with marijuana businesses.The bill was sponsored by Senators Jeff Merkley (Democrat), Ron Wyden (Democrat), Michael Bennet (Democrat),…

Forbes recently conducted a study where they researched the average price of marijuana in all 50 states. They released the results of the study and the findings were interesting, but not shocking. The study found that marijuana is cheapest in states that have created a legal recreational marijuana program.The results…

Many cannabis companies are having a tough time opening a bank account and it is putting innocent people at risk. A bank account serves as the lifeline of any business and it is tough to operate (successfully) without one. The high cash nature of a cannabis business requires access to…

During the 2014 midterm elections, Oregon voters approved legislation that legalized recreational marijuana. There has been a mixed reaction from lawmakers and county authorities on this legislation, which has resulted in a delay of its implementation.Republican Senate Minority Leader Ted Ferrioli recently submitted a proposal that would speed up the…

More than half of the United States has legalized the use of medical marijuana in some form. Colorado and Washington allow residents older than 21 to purchase marijuana legally for recreational purposes.

Marijuana’s medicinal properties are proven to be beneficial and its economic impact has grasped the attention of the nation. Technical420 believes that marijuana will be legalized much sooner than most people expect and here are our reasons why.