Bullboard - Stock Discussion Forum 1933 Industries Inc C.TGIF

Alternate Symbol(s): TGIFF

Healthcare Cannabis

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. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA... see more

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1933 Industries Inc > New republican led MJ legalization bill introduced today

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Post by Freebirds on Nov 15, 2021 7:33pm

New republican led MJ legalization bill introduced today

Buy on rumour sell on news I guess...

States Reform Act

-Under the new Mace legalization bill, which is primarily aimed at having the federal government treat marijuana in a similar manner to alcohol, cannabis would be removed from the Controlled Substances Act, with retroactive effects for people previously punished.

-There would be a 3 percent federal excise tax on cannabis under the bill.

-Enforcement authority would be transferred from the Drug Enforcement Administration to a newly renamed Bureau of Alcohol, Tobacco, Cannabis, Firearms and Explosives.

-Raw cannabis would be considered an agricultural commodity regulated by the U.S. Department of Agriculture (USDA). The plant would be treated like the “component crops of alcohol beverages” such as barely, hops and grain,

https://www.marijuanamoment.net/republican-lawmakers-file-bill-to-tax-and-regulate-marijuana-as-alternative-to-democratic-proposals/

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