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Bullboard - Stock Discussion Forum 1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. Its product offerings through its in-house brands, including wholesale flower, pre-rolls, and extracted products under the AMA and Level X brands... see more

CSE:TGIF - Post Discussion

1933 Industries Inc > FROM BNN
View:
Post by jfogarty12 on Jul 03, 2021 7:24am

FROM BNN

U.S. Supreme Court Justice Thomas spurs legalization chatter with questions of legality of current American cannabis laws 

U.S. Supreme Court Justice Clarence Thomas made waves throughout the industry earlier this week after stating in a decision not to hear a tax-related appeal by a Colorado medical marijuana dispensary that the country's cannabis laws no longer make sense. "A prohibition on interstate use or cultivation of marijuana may no longer be necessary or proper to support the federal government's piecemeal approach," he wrote in the ruling, according to NBC News. He added that the court’s ruling in 2005 upholding federal laws making cannabis possession illegal may now be out of date. Raymond James Analyst Rahul Sarugaser highlighted the disclosure in a note to clients, particularly emphasizing how Thomas views the current federal laws governing cannabis as “the government [being now] content to allow states to act 'as laboratories.’”  
Comment by whateveryousay on Jul 05, 2021 9:45am
Almost 50% of US inmates are incrcerated for drug offences.63,000 last moth alone most for cannabis.Prisons are privatized in most states especially Republican states and it is big business.There is no willingness for federal legalization I am not banking on this happening but TGIF should do well in the Western states where there are lots of cannabis users and fewer Republican Evangelical aholes ...more