hopefully this gets our dumb ass state in gear, they can use it to help pay for the impending absurd giveaway to the hunt family
Would be awesome for my weekend trips home to include some light legal sports betting, and some heavy legal weed smoking
meanwhile in SC, medicinal marijuana is most likely doomed when the legislative session wraps up this week
Obviously as things stand today, marijuana is in a gray area between state authorized but federally illegal. After this proposed change, I’m struggling to come up with an example of a product that’s a controlled substance which is taxed. The closest schedule 3 products are things like testosterone, which are exempt from sales tax. Tobacco and alcohol aren’t included on the controlled substance lists. Similarly, I can’t think of any schedule 3 products which states have specifically outlawed within their borders. Will backwards states like Kansas pass legislation to prohibit marijuana?
Just celebrated the news for you guys here in New York. New York could still benefit from a more open market place, so federalization is still important here.
Can anyone tell me what this really means? Blue states let if fly while shitty red state still block it from anyone and everyone?
certainly wouldn't be the end of this dumbass road but a big step nonetheless. i'll do a dab to celebrate.
it means weed is classified with things like testosterone and codeine instead of with things like heroin and meth which makes it available for more research and will give legal weed entities far easier access to banking/insurance/etc. it also technically ends simple possession charges federally but those haven’t happened in a long time anyway
Am curious how much allowing credit cards will naturally boost growth. Most places allow you to use debit, but they basically do the transaction like you’re at an ATM and give you change back in cash and charge a small fee.
Dispensaries get a nice boost as well as they should finally be able to deduct their non-COGS expenses for tax purposes. Hopefully that benefits prices more than profits but we shall see.
My MAGA mother in law has her medical card in Florida but does summers in NC, where it’s not legal. She’s a daily smoker and basically needs it to be a functional human. We were driving to go see them last summer and she asked my wife if we could bring her some. I was expecting a couple vapes or a few joints, she basically wanted 6 months of joints and vape cartridges. I told her absolutely not. I have no desire to transport enough weed to get charged with intent to distribute, as a brown guy in GA, S.C., or NC. Not to mention risk losing my license to practice law. I told her if she wanted us to bring her weed, vote for people that will decriminalize it.
our state house is lowkey possibly the most insane in the country so no chance. will be looking into moving if mark robinson wins. betting he would crack down on delta 8/9 stuff
Sorry but we need the Republican Party to fight this like a bunch of idiots so we’re going to need you to hang tight down there pal as a sacrifice. We’ll make it up in November
oh i will be here in november. i was saying i will be looking elsewhere post november if he wins. he’s legit insane and makes freaks like abbott and desantis look like moderate dems encourage everyone to check out his batshit insane views https://en.m.wikipedia.org/wiki/Mark_Robinson_(American_politician)
I’m definitely not a lawyer who definitely does not hook friends up in other states with colorado edibles.
They both are. Right now dispensaries can’t take credit cards and don’t have access to a lot of commercial banking that other businesses do. And their insurance is insanely expensive because it’s only provided by small carriers domiciled only in that state, and because they often have huge amounts of cash on hand which is risky. This opens up access to very large commercial carriers that can offer lower pricing with risk spread over more entities
The main point of "what this means?" Moving marijuana from a Schedule I drug to a Schedule III drug doesn't make it federally legal, but it would be a significant change for cannabis businesses and their employees: it would mean instant cash flow with access to banking opportunities, as well as loan opportunities which could lead to much faster expansion of the industry in states where marijuana is legal. It would also open the door to research grant opportunities and, most importantly, end a rigid tax regime that until now has stifled growth in the highly regulated industry.
I moved to a good state years ago so congrats to our toothless backwater simpletons on this historic come-up