RE:RE:RE:Canadian Securities Regulators to Reassess Policiesbmaw604 wrote:
that's old, so going around most pot stocks Also A new congressional bill would effectively prevent U.S Attorney General Jeff Sessions from cracking down on people who are following state marijuana laws. But it wouldnt change cannabiss status under federal law. Instead, the proposal, filed in the U.S. House on Thursday by Congresswoman Barbara Lee (D-CA) and four cosponsors, would restrict the Justice Department and other federal agencies from spending money to detain, prosecute, sentence, or initiate civil proceedings against an individual, business or property, that is involved in the cultivation, distribution, possession, dispensation, or use of cannabis in accordance with state law. The legislation would also protect banks that work with state-legal cannabis businesses. The text of the bill has not yet been uploaded to Congresss website, but Marijuana Moment has obtained it (see below). The funding prohibition goes beyond the annual medical cannabis appropriations rider, commonly known as Rohrabacher-Farr, in a number of ways. First, it doesnt just shield medical cannabis patients, providers and laws; it covers everyone complying with a state marijuana law, including recreational businesses and consumers. Second, it doesnt just restrict the Department of Justice; it also applies to the Treasury Department, the Department of Homeland Security and every other federal government agency that could potentially go after people for violating federal marijuana prohibition. Third, and perhaps most important, it is permanent. Unlike the existing medical cannabis rider, it wouldnt need to be renewed every year as part of annual spending bills. If enacted, its language would exist in statute until a future Congress proactively changed it. Last week, Sessions rescinded Obama-era guidance that has generally allowed states to implement their own cannabis laws without federal interference. A large number of members of Congress and state officials have pushed back against the move, which is also deeply unpopular with voters. It is time we expand the protections of Rohrabacher-Farr to ensure that no government agency targets marijuana companies and their partners in ancillary businesses, Congresswoman Dina Titus (D-NV), one of the cosponsors of the new bill, told Marijuana Moment via an email. Taxpayer dollars should not be used to crackdown on law-abiding taxpayers operating legally in states. If the legislation passes, the most significant practical marijuana policy and enforcement reform to date would be accomplished without actually changing cannabiss status under the schedules of the Controlled Substances Act.
Thank you for reminding me. Very high odds that marijuana gets declassified that's just my opinion. Lots of lobbying power and public support there's no stopping this train. Would be stupid to say no to thay type of tax revenue anyways.... the new bill would also allow banks to work with state legal facilities, which would mean see ya later to these levels. If this bill goes through, weed is basically legal.
There is urgency to deal with the issue with so many states coming online soon and many still going forward despite the decision of Sessions. Massachusetts I believe recently passed or passing recreational and medicinal through congress, first state to do it totally and completely I believe as well. Law enforcement making public statements to protect the growers and users and that feds will get no help.
> Boston Herald article < Here's a link to the progress of the bill.
H.R.4779 - To protect States and individuals in States that have laws which permit the use of cannabis, and for other purposes.