foster buds

warning: Creating default object from empty value in /home/hemporg/public_html/news/modules/taxonomy/taxonomy.pages.inc on line 34.

Oregon: Portland Pot Dispensary Donates Sales To Sanders' Campaign

A Portland, OR pot shop pledges a portion of its sales to Sanders' presidential campaign.

By Derrick Stanley
Hemp News

A marijuana dispensary in Portland is planning to donate a portion of its sales to Vermont Sen. Bernie Sanders' presidential campaign, KGW-TV reported today.

Foster Buds, which has two stores, pledged to contribute ten percent of sales from every $10 "Farmer 12" joint to Sanders' campaign.

“The cannabis community has never been appropriately represented or considered on a federal stage. Cannabis enthusiasts, supporters and medical patients come from every walk of life now, and we all deserve a president who will rally to reschedule cannabis and transform America’s Cannabis policies,” Foster Bud wrote on Instagram. “We believe Bernie Sanders is the best and most likely candidate to appropriately represent the needs of our community.”

The stores will also be giving away "Burn One For Bernie" T-shirts.

Store manager Ken Martin feels it's only logical to support Sanders. “Everything he’s looking to do is for the betterment of us. He’s looking to keep the medical community, he sees the advancements — so why not support him?” Martin asked.

Sanders has come out in favor of ending federal prohibition of marijuana. His website says that he supports medical marijuana and the decriminalization of recreational marijuana, as well as the right of states to opt for full legalization. He co-sponsored the Marijuana Businesses Access to Banking Act of 2015 to ensure access to banking services for legitimate marijuana businesses.

Oregon: Marijuana Shoppers Adjust To 25% Sales Tax

OregonMarijuanaLeaf[TheMarijuanaReport]

By Steve Elliott
Hemp News

Recreational marijuana shoppers in Oregon are taking a new 25 percent sales tax in stride, according to many dispensary owners and industry observers.

The state on January 1, after a three-month tax holiday, imposed the tax on recreational cannabis sales, reports Noelle Crombie at The Oregonian. The tax will eventually be replaced with a 17 percent sales tax, once the Oregon Liquor Control Commission takes control of the new recreational marijuana industry later this year.

While some customers have shrugged off the tax, "we have people that say they would rather go back to their 'guy,' so to speak, and walk out," said Matt Price, who owns the Cannabliss chain of dispensaries.

General manager Nathan Krytenberg at Glisan Buds and Foster Buds took the unusual step of absorbing the tax. He says his "strategic decision" should generate enough additional sales to cover the 25 percent hit.

Krytenberg said he hopes his move generates customer loyalty. More than 100 shops compete for cannabis customers in Portland, and there's a well-established black market, as well.

"To be quite honest with you, if we even take a small hit, I believe the fact that we are doing this will put us in a better market position," said Krytenberg. His Glisan Buds and Foster Buds shops sell marijuana for $9 and $15 a gram.

Syndicate content