Wednesday, July 23 2014 7:36 PM EDT2014-07-23 23:36:28 GMT
The U.S. Supreme Court cleared the way for Arizona to carry out its third execution in the past year Wednesday following a closely watched First Amendment fight over the secrecy surrounding lethal injection drugs.More >>
A condemned Arizona inmate gasped and snorted for more than an hour and a half during his execution Wednesday before he died, his lawyers said, in an episode sure to add to the scrutiny surrounding the death penalty in the...More >>
Wednesday, July 23 2014 7:36 PM EDT2014-07-23 23:36:25 GMT
It isn't a household name, but the company that's at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at...More >>
It isn't a household name, but the company at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at McDonald's locations.More >>
Wednesday, July 23 2014 7:35 PM EDT2014-07-23 23:35:55 GMT
A family spokeswoman says an Indiana teenager was killed when his plane crashed while trying to set a record for an around-the-world flight.More >>
An Indiana teenager who was attempting to set a record for an around-the-world flight was killed when his plane crashed in the Pacific Ocean, and crews were searching Wednesday for his father, who was also on board.More >>
Wednesday, July 23 2014 7:35 PM EDT2014-07-23 23:35:51 GMT
Montana Sen. John Walsh's thesis written for the U.S. Army War College contains unattributed passages that appear to be taken word-for-word from previously published papers.More >>
Montana Sen. John Walsh's thesis written to earn a master's degree from the U.S. Army War College contains unattributed passages taken word-for-word from previously published papers.More >>
By KRISTEN WYATT Associated Press
DENVER (AP) - Colorado is smoking pot by the ton, and visitors are, too.
Colorado's pot regulators issued what is believed to be the world's first post-legalization market study for the weed on Wednesday. The study relied on sales data from Colorado's first three months of recreational marijuana sales, while previous pot market studies relied on survey responses because the drug is illegal.
"This study finds total marijuana demand to be much larger than previously estimated," Colorado's study concluded.
The study estimated that total market demand for marijuana in Colorado is about 130 metric tons a year. That's about 121 metric tons for residents and almost 9 metric tons a year for visitors. These figures include medical and recreational marijuana.
Marijuana has an average market rate in Colorado of $220 per ounce, authors concluded.
The estimates were nearly a third higher than one recently projected by the state Department of Revenue, which regulates the marijuana industry. Nations with legal or semi-legal marijuana sales, such as the Netherlands, do not track national inventory, making firm market analysis spotty.
Colorado concluded that visitors account for 44 percent of recreational marijuana retail sales in the Denver area. In the mountains and other vacation spots, visitors to Colorado account for 90 percent of recreational dispensary traffic.
Colorado's market numbers bore out survey estimates that most marijuana is consumed by heavy daily users. For example, survey authors estimated that a third of all Colorado's pot consumers use the drug less than once a month. But that group accounts for just 0.3 percent of the total market, analysts concluded.
"Heavy users consume marijuana much more often, and more intensely, than other consumers," the study concluded.
The study tapped into Colorado's new Marijuana Inventory Tracking System used by commercial growers and retailers to account for inventory. But the study's authors also included untaxed pot in the analysis because Colorado allows adults over 21 to grow pot at home. The survey also estimated production from the state's medical marijuana caregivers, who are authorized to grow medical marijuana on behalf of others and do not face state pot taxes.
So far, Colorado sells a lot more medical marijuana than recreational marijuana, and medical pot patients must be in-state residents. Survey analysts concluded that medical users generally have avoided recreational sales, which come with much higher taxes for the same product.
"Therefore, the retail demand is derived primarily from out-of-state visitors and from consumers who previously purchased" black-market or illegal weed, the study concluded.
The study noted that Colorado's medical marijuana patients are two-thirds male. But analysts did not come up with a gender breakdown for retail consumers.
The authors also said that many recreational marijuana users are younger than 21 and not participating in the taxed recreational market.
The survey noted significant difficulties tabulating market demand for concentrated and edible marijuana products, both growing in popularity. Another study to examine those markets is planned for next year.
Wednesday, July 23 2014 6:43 PM EDT2014-07-23 22:43:57 GMT
Senate Democrats and House Republicans are moving separately to slash President Barack Obama's $3.7 billion emergency spending request for the southern border, but they're unlikely to end up with a deal...More >>
At an impasse on immigration, House Republicans and Senate Democrats advanced competing proposals Wednesday for dealing with tens of thousands of young migrants showing up at the southern border. Each side quickly ruled...More >>
Wednesday, July 23 2014 6:25 PM EDT2014-07-23 22:25:47 GMT
Dozens of Palestinian families trapped by clashes between Hamas militants and Israeli troops are scrambling to flee a southern Gaza Strip neighborhood as Israel reported that two more of its soldiers have died in...More >>
The United States announced signs of progress in cease-fire talks Wednesday, but prospects for a quick end to the fighting were dim as Palestinian families fled fierce battles in southern Gaza and the death toll rose to...More >>
Wednesday, July 23 2014 5:56 PM EDT2014-07-23 21:56:51 GMT
Now that Georgia Republicans have settled on businessman David Perdue as their nominee for the state's open Senate seat, the real battle begins with a marquee match-up in the fall against Democrat Michelle Nunn...More >>
New Republican nominee David Perdue and Democratic opponent Michelle Nunn used the first day of the general election campaign to retool the "outsider" arguments they've used to reach this point in a race that will help...More >>
Wednesday, July 23 2014 5:53 PM EDT2014-07-23 21:53:39 GMT
After two days of jury selection, lawyers are poised to give opening statements in the trial of a Detroit-area man who opened his front door and shot an unarmed woman, killing her.More >>
A suburban Detroit man who killed an unarmed woman on his porch was rocked out of sleep by a series of "boom, boom, boom" pounding sounds outside his home, causing him to grab a shotgun, open the front door and fire, a...More >>
Wednesday, July 23 2014 3:04 PM EDT2014-07-23 19:04:07 GMT
Traps have been set for a large exotic snake that animal control officers and a private reptile expert have been hunting for in New Jersey's Lake Hopatcong (hoh-PAHT'-cong).More >>
Reports of a 16-foot-long exotic snake - possibly an anaconda - slithering through New Jersey's largest lake have stoked fears among residents and led to searches and questions about what exactly is in the water.More >>