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Recreational pot proclaimed legal in Colorado

DENVER — Marijuana for recreational use became legal in Colorado Monday, when the governor took the procedural step of declaring the voter-approved change part of the state constitution.

Colorado became the second state after Washington to allow pot use without a doctor’s recommendation. Both states prohibit public use of the drug, and commercial sales in Colorado and Washington won’t be permitted until after regulations are written next year.

Hickenlooper, a Democrat, opposed the measure but had no veto power over the voter-approved amendment to the state constitution. He tweeted his declaration Monday and sent an executive order to reporters by email after the fact. That prevented a countdown to legalization as seen in Washington, where the law’s supporters gathered to smoke in public to celebrate.

The law gave Hickenlooper until Jan. 5 to declare marijuana legal. He told reporters Monday he saw no reason to wait and didn’t see any point in letting marijuana become legal without his proclamation.

“If the voters go out and pass something and they put it in the state constitution, by a significant margin, far be it from myself or any governor to overrule. I mean, this is why it’s a democracy, right?” Hickenlooper said.

Adults over 21 in Colorado may now possess up to an ounce of marijuana, or six plants. Public use and sale of the drug remain illegal. Read more

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Research in Motion (NASDAQ:RIMM): Carriers surprisingly positive on BB10; Upgraded – Jefferies

Jeffco’s well regarded Telco analyst Peter Misek is backing off of his uber-bearish stance on Research in Motion (NASDAQ:RIMM) this AM and upgrading the name to a Hold from Underperform.

– According to Misek RIMM could be a ~$43 stock in 12 months, if things go well.

Read Full Review Here

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Jeff Bezos named businessperson of the year

Amazon chief executive Jeff Bezos got a nod from Fortune as the businessperson of the year Thursday, topping a list full of technology and telecommunications executives.

The magazine called him the “ultimate disrupter,” citing the way Bezos approaches everything from executive meetings to his tendency to ignore Wall Street and focus on Amazon’s long-term business goals.

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Sports: Classic Les Miles Press Conference

Such a roller-coaster of a game would make any coach sound crazy in their postgame press conference. Luckily for us, it was Coach Miles who reminded us why he is the “Mad Hatter” and the “Most Interesting Coach in the World.”

And just like in those commercials, I’m sure you could make one for Coach Miles that would say, “I don’t always make the right call on fourth down, but when I do, I make sure to make something epic out of it.

“Stay crazy my friends.”

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Supermarkets Sold Out of Twinkies

The empty shelves at grocery stores and ridiculously high selling prices on eBay tell you all you need to know – people want to get that last Twinkie before they’re gone forever.

Since Friday’s announcement that Twinkie maker Hostess Brands Inc. would close its doors after years of rising labor costs and the changing tastes of Americans, Myrtle Beach area residents have flooded supermarkets hoping for one last taste of the snack cake jokesters said would outlive humanity.

“We sold out early yesterday,” said Michael Byrd on Saturday. Byrd, operator of the Piggly Wiggly at The Market Common said it wasn’t just Twinkies. “Ding Dongs, same thing.”

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John McAfee Wanted for Murder

Antivirus pioneer John McAfee is on the run from murder charges, Belize police say. According to Marco Vidal, head of the national police force’s Gang Suppression Unit, McAfee is a prime suspect in the murder of American expatriate Gregory Faull, who was gunned down Saturday night at his home in San Pedro Town on the island of Ambergris Caye.

Details remain sketchy so far, but residents say that Faull was a well-liked builder who hailed originally from California. The two men had been at odds for some time. Last Wednesday, Faull filed a formal complaint against McAfee with the mayor’s office, asserting that McAfee had fired off guns and exhibited “roguish behavior.” Their final disagreement apparently involved dogs.

Read more…

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Colorado Legalizes Marijuana For Recreational Use

The Rocky Mountain High just got a whole lot higher. On Tuesday night, Amendment 64 — the measure which sought the legalization of marijuana for recreational use by adults — was passed by Colorado voters, making Colorado the first state to end marijuana prohibition in the United States.

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