4/20 Breaking:

[Jack]

"Senate leader Schumer calls for marijuana to be decriminalized by next year’s 4/20"
https://www.cnbc.com/2021/04/20/sch...a-to-be-decriminalized-by-next-years-420.html

 

[Jack]

Thanks, Guno.

In related News:

"It's 4/20. Cannabis stocks are smoking hot"
https://www.wral.com/its-4-20-cannabis-stocks-are-smoking-hot/19636299/


"Shares of industry leaders Canopy Growth and Cronos, which are backed by Corona owner Constellation Brands and Marlboro parent Altria respectively, have each surged more than 10% this year."

 

[PoliTalker]

Hello Jack,

"Senate leader Schumer calls for marijuana to be decriminalized by next year’s 4/20"
https://www.cnbc.com/2021/04/20/sch...a-to-be-decriminalized-by-next-years-420.html

Make the Republicans vote on it!

That will be one more thing the Republican Senate gets wrong, further alienating their own voters.

 

[Jack]

Hello Jack,



Make the Republicans vote on it!

That will be one more thing the Republican Senate gets wrong, further alienating their own voters.

It's a Revenue Stream that will be hard for Repubs to turn down.

 

[SmarterthanYou]

I can't help but notice that there's no legislation to enact this

 

[PoliTalker]

Hello Jack,

It's a Revenue Stream that will be hard for Repubs to turn down.

That is exactly what I would expect them to do.

They've got the reefer madness.

 

[Flash]

This would have to repeal the federal law (which is largely unenforced). States could retain their laws prohibiting marijuana.

 

[Jack]

I can't help but notice that there's no legislation to enact this

"The recreational use of cannabis is legalized in 17[a] states, the District of Columbia, the Northern Mariana Islands, and Guam."
https://en.wikipedia.org/wiki/Legality_of_cannabis_by_U.S._jurisdiction

Probably not high up on the priority agenda right now, sounds like next year.

 

[Jack]

This would have to repeal the federal law (which is largely unenforced). States could retain their laws prohibiting marijuana.

The Federal Law is restricting access to the Banking system.

 

[SmarterthanYou]

"The recreational use of cannabis is legalized in 17[a] states, the District of Columbia, the Northern Mariana Islands, and Guam."
https://en.wikipedia.org/wiki/Legality_of_cannabis_by_U.S._jurisdiction

Probably not high up on the priority agenda right now, sounds like next year.

heard that before.................

 

[Jack]

heard that before.................

Yeah. Me too.

 

[Flash]

The Federal Law is restricting access to the Banking system.

True, but that hasn't really slowed down the industry. It just inconveniences those depositing their loads of bucks. I think (?) they can still use state banks not part of the FED.

 

[Jack]

True, but that hasn't really slowed down the industry. It just inconveniences those depositing their loads of bucks. I think (?) they can still use state banks not part of the FED.

If you look at the link, Corona Beer owner is backing a Cannabis company, and Marlboro Cigarette owner is backing a Cannabis company. Both Big Hitters in the 'Sin Stocks'. So, I think it's just a matter of time.