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Bullboard - Stock Discussion Forum Curaleaf Holdings Inc T.CURA

Alternate Symbol(s):  CURLF

Curaleaf Holdings, Inc. is an international provider of consumer cannabis products. The Company and its brands, including Curaleaf, Select, Grassroots, JAMS, Find and Zero Proof provide selection and accessibility across the medical and adult use markets. It operates in approximately 17 states and owns and operates 147 dispensaries and 21 cultivation sites with a focus on states, including... see more

TSX:CURA - Post Discussion

Curaleaf Holdings Inc > Biden's Actual Statement
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Post by ledzep4u on Oct 06, 2022 4:00pm

Biden's Actual Statement

As I often said during my campaign for President, no one should be in jail just for using or possessing marijuana.  Sending people to prison for possessing marijuana has upended too many lives and incarcerated people for conduct that many states no longer prohibit. Criminal records for marijuana possession have also imposed needless barriers to employment, housing, and educational opportunities.  And while white and Black and brown people use marijuana at similar rates, Black and brown people have been arrested, prosecuted, and convicted at disproportionate rates.
 
Today, I am announcing three steps that I am taking to end this failed approach.
 
First, I am announcing a pardon of all prior Federal offenses of simple possession of marijuana.  I have directed the Attorney General to develop an administrative process for the issuance of certificates of pardon to eligible individuals.  There are thousands of people who have prior Federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities as a result.  My action will help relieve the collateral consequences arising from these convictions.
 
Second, I am urging all Governors to do the same with regard to state offenses.  Just as no one should be in a Federal prison solely due to the possession of marijuana, no one should be in a local jail or state prison for that reason, either.
 
Third, I am asking the Secretary of Health and Human Services and the Attorney General to initiate the administrative process to review expeditiously how marijuana is scheduled under federal law.  Federal law currently classifies marijuana in Schedule I of the Controlled Substances Act, the classification meant for the most dangerous substances.  This is the same schedule as for heroin and LSD, and even higher than the classification of fentanyl and methamphetamine – the drugs that are driving our overdose epidemic. 
 
Finally, even as federal and state regulation of marijuana changes, important limitations on trafficking, marketing, and under-age sales should stay in place.
 
Too many lives have been upended because of our failed approach to marijuana.  It’s time that we right these wrongs. 
Comment by blackspade799 on Oct 06, 2022 4:11pm
Bidden is playing hot potato, he could of easily of sign an executive order and ended this prohibation on cannabis.  "Third, I am asking the Secretary of Health and Human Services and the Attorney General to initiate the administrative process to review expeditiously how marijuana is scheduled under federal law"
Comment by Sampic on Oct 06, 2022 4:14pm
Yes that's incredible !Key word expeditiously no house no senate attorney General president de scheduling BOOM!
Comment by Sampic on Oct 06, 2022 4:16pm
In reality I would rather Safe a d 280 e and tsx listing if he deschedules its not good for Cura in long term but I think Boris isn't afraid of a little competition I can't say the same as some others .Get the hint prophet?
Comment by TheProphetElijah on Oct 06, 2022 4:25pm
Yes brother Sampic
Comment by blackspade799 on Oct 06, 2022 4:27pm
Whats there to review?  Bidden is playing politics  "review expeditiously how marijuana is scheduled under federal law" WHAT?   Total B.S. Just get rid of it!!   
Comment by Sampic on Oct 06, 2022 4:38pm
That's just how they talk Blackcloud they love the sound of there own bullshite but this is happening.
Comment by Sampic on Oct 06, 2022 4:40pm
If I was short and got home and read this news after close I would e covering damn quick tomorrow morning.
Comment by TheProphetElijah on Oct 06, 2022 4:52pm
Wonder how furious M&A will be going forward before things really getting rolling.
Comment by blackspade799 on Oct 06, 2022 4:54pm
I think if Schumer was smart he would pass SAFE + through reconciliation or attach it to a must pass bill before November. The Lame duck session is to late imo.  If voters can see deciminalization before Novemeber it would help build major momentum for the Dems to potentially win both House and Senate and tackle the abortion issues at the SCOTUS and start to collect rev from cannabis taxes ...more  
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