There's a digital currency backed by medical marijuana
You could call it the “Acapulco Gold” standard.
Bitcoin may be volatile these days, but there are plenty of alternatives, including a marijuana-backed cryptocurrency, according to a CNBC article on Thursday.
The idea isn’t new. CannabisCoin emerged last year as a currency alternative, pegging the value of one coin to approximately a gram of medical marijuana.
While there are a bunch of digital currencies backed by weird things (manure, for instance), CNBC says the experts recommend sticking with gold.
‘Hash Bash’ heads to Ann Arbor this weekend
These days, lots of cities have mass marijuana smoke outs, but few rival Michigan’s “Hash Bash” when it comes to longevity (and a catchy name).
The event, which will take place at the University of Michigan on Saturday, has been happening for 44 years. This year will feature comedian Tommy Chong (watch to see if he has comments about pot lobbyists in D.C.).
The get-together will be more than just a stoner celebration: organizers hope to use the bash to raise awareness for a push to legalize recreational marijuana in Michigan. Activists want legal weed to go before voters as a ballot initiative in 2016.
So about those drug tests…
The NFL prohibits marijuana use among players, but former New England Patriots tight end Aaron Hernandez — currently on trial for murder — apparently smoked a mountain of weed but never got caught.
A man who claims Hernandez shot him in the face in 2013 testified at the trial on Wednesday, saying that the former player “chain smoked” marijuana every day.
Alexander Bradley, who is suing Hernandez for the alleged face-shooting, said he would sell him between one and four ounces of pot each week.
That’s a lot of weed to smoke and never get caught.
“Hernandez skirting the NFL’s drug-testing methods is not a focus of the trial of course, but it’s an interesting footnote that the league should probably take note of,” Frank Shwab of Yahoo Sports points out.
Ted Hesson was formerly the immigration editor at Fusion, covering the issue from Washington, D.C. He also writes about drug laws and (occasionally) baseball. On the side: guitars, urban biking, and fiction.