4) Ex-cops note more money for a planned forest drug war won't work when Americans spend tens of billions per year buying pot and other trafficked drugs. And arming Mexican drug cartels, the Washington Post reports. [via MAP]
"Federal authorities say more than 60,000 U.S. guns of all types have been recovered in Mexico in the past four years, helping fuel the violence that has contributed to 30,000 deaths. Mexican President Felipe Calderon came to Washington in May and urged Congress and President Obama to stop the flow of guns south. ... Eight of the top 12 dealers are in Texas, three are in Arizona, and one is in California. ... There are 3,800 gun retailers in Texas, 300 in Houston alone. ... 'If you're a gun dealer and you see a 21- or 22-year-old young lady walk in and plop down $15,000 in cash to buy 20 AK-47s, you might want to ask yourself what she needs them for,' said Newell, the ATF special agent in charge in Phoenix. 'If she says, 'Christmas presents,' technically the dealer doesn't have to ask for more."
5) In the legal markets, CNBC has HT's Danny Danko on for a mellow report on falling pot prices and the death of low-grade.
6) The IRS audits Harborside Health Center in Oakland. The issue: normal business deductions. "Drug trafficking organizations" can't take them under federal drug law. [Bay Citizen]
7) THC can regulate schizophrenic aggression. Toke of the Town posts the study.
8) Medical marijuana attorney James Silva threatens to file an injunction against San Jose if the city implements a marijuana tax, the Bay Citizen reports; part of an ongoing war over clubs. Raids in recently hit all three Medithrive clinics.