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Trump marijuana.

searcher

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Jeff Sessions' War on Marijuana Is Just Beginning
  • newsfeedback@fool.com (Sean Williams)
  • Jan 13, 2018 Updated 18 hrs ago




Chances are that it would be difficult to find an industry growing faster and more consistently than the legal marijuana industry. In the U.S., according to estimates from Marijuana Business Daily's newest report, "Marijuana Business Factbook 2017," legal weed sales are expected to catapult higher by 45% in 2018, likely as a result of California opening its doors to recreational pot sales. By 2021, the U.S. cannabis market is expected to be generating $17 billion in annual sales, a roughly 300% increase from what it was producing in 2016.

It's not hard to understand why marijuana has become such a hot commodity in the U.S., either. A number of recent surveys have all led to the same conclusion: The American public wants pot legalized. Nearly two-thirds of respondents in Gallup's October 2017 poll favored the idea of legalizing cannabis nationally, with 94% of respondents in an August 2017 survey from the independent Quinnipiac University favoring the legalization of medical cannabis. Presumably, as these support figures move higher, so will legal cannabis sales -- and the pressure put on lawmakers on Capitol Hill to change marijuana's scheduling.

The federal government digs in its heels on pot
As a reminder, schedule I substances are wholly illegal, considered to have a high potential for abuse, and have no recognized medical benefits. This places marijuana on the same footing as LSD and heroin. But in addition to marijuana's unfavorable scheduling, there are a number of adverse impacts on businesses operating in the weed industry.

For instance, medical cannabis companies are buried in red tape. With just a single federally approved grow facility in Mississippi, getting access to medical cannabis to run benefit-versus-risk trials is quite the chore. Marijuana stocks and companies also have very limited access to basic banking services, and they're facing extraordinarily high effective income-tax rates as a result of U.S. tax code 280E. This specific tax code disallows businesses that sell federally illegal substances from taking normal corporate income-tax deductions.

Put plainly, the chance of effecting a scheduling change in Washington is practically nonexistent under the current administration, and Attorney General Jeff Sessions is primarily responsible for this marijuana quagmire.


Jeff Sessions declares war on the marijuana industry
It's no secret that Jeff Sessions is an ardent opponent of the marijuana movement. He's been quoted as saying that "good people don't smoke marijuana," and gave a speech last year to his fellow attorney generals where, to summarize, he suggested that medical cannabis isn't a safe, or appropriate, replacement for opioids. But in 2017, Sessions was all bark and no bite. That changed in a big way earlier this month.

On Jan. 4, 2018, Sessions released a one-page memo announcing that the Department of Justice (DOJ) would be rescinding the Cole memo, which was named after former Deputy Attorney General James Cole, who served under President Obama. The Cole memo outlined a loose set of "rules" that states legalizing marijuana had to follow in order to keep the federal government off their backs, so to speak. This included keeping cannabis away from adolescents, maintaining safety on the roadways by dealing harshly with drivers who operated a vehicle under the influence of marijuana, and ensuring that cannabis grown within a state stayed in that state.

The move wasn't a complete surprise, considering that Sessions' right-hand man at the DOJ, Deputy Attorney General Rod Rosenstein, had announced over the summer that the DOJ was reviewing the scope of the Cole memo and its validity. The rescinding of this memo by Sessions signals the belief that the Cole memo overstepped its legal bounds.

More importantly, the move by Sessions also opens the door for possible legal action against marijuana businesses operating in states that have legalized it in some capacity. Though the Rohrabacher-Farr Amendment (also known as the Rohrabacher-Blumenauer Amendment) disallows the DOJ from using federal dollars to prosecute medical marijuana businesses, rescinding the Cole memo effectively gives state-level prosecutors the right to bring charges against marijuana businesses, when deemed appropriate.


Sessions' war on weed may be just getting started
Many folks viewed Sessions' actions earlier this month as a speed bump for the U.S. cannabis industry, but not a death blow. In other words, the possibility of legal action doesn't necessarily mean we will see legal action. After all, those attorney generals who share Sessions' views tend to be from states that haven't legalized weed in any capacity. However, Sessions appears to be just getting started in his war on weed.

For those who may not recall, in May 2017, Sessions sent a letter to a few of his congressional colleagues requesting that they repeal the Rohrabacher-Farr Amendment. Doing so would give the DOJ the ability to go after medical cannabis businesses. Though his request gained no traction, it set a clear precedent that Sessions would do whatever he could to slow, or halt, the expansion of legal marijuana in the United States.

Things got particularly interesting in September when the House Rules Committee blocked a vote on including the Rohrabacher-Blumenauer Amendment in the federal spending bill that was being discussed at the time. This amendment, which disallows the DOJ from using federal dollars to go after medical weed businesses, has to be included and approved in each and every annual federal spending bill. If it's left out, Sessions and the DOJ would be free to go after medical cannabis businesses as they please.

If there's a silver lining here, it's that the amendment could still be included in the Senate's federal spending proposal. Nonetheless, Sessions' insistence that the Amendment be repealed, coupled with a House Rules Committee vote blockage, signals that this key protection of medical cannabis companies is under attack.


Sessions has put his foot down on medical cannabis research, too
Sessions also seems highly unlikely to expand medical marijuana research at the federal level in any capacity.

In August 2016, the Obama administration outlined a series of changes designed to allow researchers easier access to federally grown marijuana. The new system encouraged universities to apply for grow licenses with the federal government in an effort to establish a much-needed benefit-versus-risk profile for cannabis.

But as Forbes recently reported, the U.S. Drug Enforcement Agency requested that researchers grow 443,680 grams of cannabis in 2018, or just over 978 pounds. This actually represents a slight decline from what was grown for medical research in 2017, despite the Obama administration's pledge to open doors for medical cannabis research. Despite 25 proposals from universities to grow medical marijuana for the federal government, the DOJ passed on them, allowing the University of Mississippi to remain the only approved grow facility in the United States. This is unlikely to change with Sessions heading the DOJ.

Also, we probably can assume that Sessions isn't going to promote a more favorable tax rate, or easier access to basic banking services, for marijuana stocks, either.


Think Canada for the time being
With Sessions' war on cannabis likely to be a multi-year drawn-out affair, my suggestion, should you want to invest in the high-growth marijuana market, or if you already own marijuana stocks, is to stick with our neighbors to the north.

Canada legalized medical marijuana all the way back in 2001, and quite a few of the country's bigger players have already been producing marginal profits solely on account of medical weed sales. Aphria (NASDAQOTH: APHQF), for instance, has produced two consecutive full-year profits. Despite spending more than $100 million on a four-phase capacity-expansion project, management has made profitability a priority, which isn't always the case with its peers.

Even more importantly, Canada looks to be on the verge of legalizing recreational marijuana by July 2018. Prime Minister Justin Trudeau introduced legislation in April 2017 to make recreational sales legal by July 1, 2018, and a number of hurdles have already been dealt with. For example, the federal government and provinces have agreed on a two-year tax-sharing deal, and the federal government has proposed a tax rate on legal cannabis that'll be lower than that of alcohol in Canada. In other words, recreational weed should be highly price competitive with black-market pot in Canada, pushing consumers into legal channels.

If you're an investor, the smartest thing you can do right now is ignore the potential of the U.S. market, and focus on the more favorable Canadian market.

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http://www.nwitimes.com/business/in...cle_6cd94824-ded5-5828-80e1-57dc01038977.html
 

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San Francisco plans to throw out nearly 3,000 misdemeanor marijuana convictions after state voted to legalize recreational pot
  • The city's district attorney said Wednesday that his prosecutors will throw out nearly 3,000 misdemeanor marijuana convictions
  • They will also review nearly 5,000 felony marijuana convictions for possible action
  • Proposition 64 legalized the recreational use of the drug in the state and also allowed people convicted of pot charges to petition courts to toss them out
  • Anticipating a high volume of these requests, the city decided to preemptively throw out some of the misdemeanor cases


Read more: http://www.dailymail.co.uk/news/article-5338031/San-Francisco-plans-wipe-thousands-pot-convictions.html#ixzz55rk0SFFC
Follow us: @MailOnline on Twitter | DailyMail on Facebook

 

andial

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Dear Jeff ,
Please define "small".
Is 999 plants "small"?..... 750?... Come on man , 500?....
Why is it that a politician can never give a straight answer?...
Define MAGA.

Never mind, who cares about the little people. Trump is going to butter up to little rocket man now, throw a few billion his way and declare another foreign policy success. Politicians aren't there to answer questions, you don't just stop the movie in the middle and raise your hand. The show must go on.
 

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Has Trump's authoritarian wet dream of death penalty to drug dealers been discussed yet?
 

searcher

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Has Trump's authoritarian wet dream of death penalty to drug dealers been discussed yet?
Trump to unveil radical plans to EXECUTE major drug dealers as part of the White House response to the opioid crisis
  • President Trump will unveil plan to combat the opioid addiction crisis
  • His radical plan will include seeking the death penalty for drug dealers
  • He'll also be urging Congress to toughen sentencing laws for drug traffickers
  • Trump will outline his proposals at an event in New Hampshire on Monday
  • Last year, Trump congratulated President Rodrigo Duterte's drug crackdown in the Philippines


Read more: http://www.dailymail.co.uk/news/article-5516375/Trump-unveil-opioid-plan-seeking-death-penalty-drug-dealers-White-House.html#ixzz5ABJj008U
Follow us: @MailOnline on Twitter | DailyMail on Facebook
 

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Trump to unveil radical plans to EXECUTE major drug dealers as part of the White House response to the opioid crisis.
This is fear-mongering at it's finest.

"Legal experts noted that while technically possible for the federal government to seek a death penalty against a state-licensed cannabis business, it is unlikely that a legal grower would face a federal death penalty case."

death penalty for cannabis growers
 

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This is fear-mongering at it's finest.

"Legal experts noted that while technically possible for the federal government to seek a death penalty against a state-licensed cannabis business, it is unlikely that a legal grower would face a federal death penalty case."

death penalty for cannabis growers

Morning Chief,

The Opioid crisis in the USA really needs addressing, every reputable source is writing about it. For instance,
"Drug overdoses killed 63,632 Americans in 2016. Nearly two-thirds of these deaths (66%) involved a prescription or illicit opioid. Overdose deaths increased in all categories of drugs examined for men and women, people ages 15 and older, all races and ethnicities, and across all levels of urbanization"

Source https://www.cdc.gov/media/releases/2018/p0329-drug-overdose-deaths.html

Cannabis has never taken a life, ..................Its behavioral effects that follow maybe, MVA accidents etc. This is all about the money. Like Deturte's ignorance of due process in the Philippines, other govts are sure to follow. The gap analysis questions just whom is involved in importing the drugs in the first place. Suspicions of the CIA being involved in narcotic analgesia drugs goes way back to Viet Nam war and the Opium fields in Afghanistan. The drug importation business is big business, And like Deturte, once the big boyz are found to be a part of the problem, a quick resignation and then its back to persecuting mr and mrs public.

Rodrigo Duterte's son quits as vice mayor over drug smuggling links

Source

http://www.abc.net.au/news/2017-12-...quits-as-vice-mayor-of-hometown-davao/9285270.

Drugs are big biz. Whether leagl or otherwise, and like prostitution, trading in illicit merchandise is a very old trade.

The problem being is that apart from illicit compounds, drug companies, pharmacies, Dr's and even the govt itself have all jumped on the band wagon of easy money. Drug companies do not make money from wellness, only sickness, hence a medication creating a side effect, gives the Dr the right to prescribe a medication to counter the side effect. And before anyone can says "bob's your uncle and Mavis is your aunty", the victim is then forced to buy a cabinet to store these medications. If deaths by drugs are the mandate of the day, then everyone should be accountable. However, draining the swamp in this regard is a very dangerous endeavor for any reformer, whether integral or hypocritical.

SH.
 

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http://ushealthtimes.com/jeff-sessions-paid-by-tobacco-to-fight-cannabis/

Jeff Sessions Paid By Tobacco to Fight Cannabis

It’s common knowledge that Big Tobacco wants cannabis out of their way. But, as discovered documents reveal, Jeff Sessions has been in their pocket as a “tool” for a long time.

Big tobacco forced to fess up
Big Tobacco lied about the addictive nature of tobacco and the clear health dangers for decades. In the 1998’s, however, after states banded together in one giant lawsuit, they finally admitted the truth.
In addition to the $245 billion dollar settlement, Big Tobacco released thousands of private documents and files exposing how deeply entrenched in regulation and legislation they actually reached.
And what did those documents have to show for Jeff Sessions? He is a paid puppet of propaganda. First elected to the Senate in 1997, his campaign received a sizeable donation from R.J. Reynolds, makers of Camel cigarettes. In fact, Big Tobacco gave so much to Sessions, his campaign had to issue a partial refund. It seems tobacco gave more than the legal maximum to a political candidate.
Since then, he has continued to back their interests in office. His first order of business consisted of a failed attempt to block the impending lawsuit against the tobacco industry.
According to Truth Tobacco Industry Documents, at a dinner with Bill Orzechowski, Chief Economist for the Tobacco Institute, he said that the lawsuit was “extortion,”
IF WE LET THEM GET BY WITH THIS EXTORTION OF THE TOBACCO INDUSTRY, THEN THEY’LL START SHAKING DOWN OTHER INDUSTRIES, ONE AFTER THE OTHER.​

In an effort to stem the tide of state lawsuits, Sessions introduced a pro-tobacco industry amendment. The amendment failed, but it would have limited the amount lawyers going after Big Tobacco could make on their cases, in order to dissuade more lawsuits.
Jeff Sessions is a tool… for the 1%

His support remains unwavering. After the turn of the century, Congress finally realized that tobacco would have to fall under the regulation of the FDA. Sessions rallied against bills that would help this happen, as recently as 2004.
In 2009, realizing the inevitable loss, even Big Tobacco turned around and supported the FDA regulation before Sessions changed his stance. The results of that legislation eliminated advertising targeted to youth, vending machines, brand sponsorships for sports and other events, and giveaway promotional items.
What more can a man do for the companies lining his pockets and helping rocket his political career into the stars? Well, as Big Tobacco has admitted that cannabis is a major enemy to profits, so why not attack it next? If you can’t join them, beat them.
After all, legal cannabis would not only impact his tobacco sponsors but the for-profit prisons and pharmaceutical giants who contributed to him over the years as well.
In the end, it isn’t that Jeff Sessions really wants to avoid “marijuana being sold at every corner grocery store” because it is dangerous. Tobacco kills thousands every year and he is fine with that.
Jeff Sessions simply opposes cannabis because he is paid to. With the pro-capitalism stance of the new White House, perhaps it would be easier to cut him a check that replaces him. From his track record, he seems like a great investment.
 

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The world is melting down around us and we're still hung up on weed? No wonder the human race can't get our shit together. We can't get our priorities straight and are easily distracted from what's important by dumb shit
Well said! I wish there were more people focused on clear headed critical thinking instead of being stoner dullards.

I voted for medical marijuana here in Michigan because I thought it would help sick people. What we have instead is random lazy losers and the ritalin and adderol kids hitting 18 years old, claiming they are disabled, getting dope cards and going on welfare.

Yay, yet another batch of lazy excuse mongering leeches on society.

.
 

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One for the weed cult.............

Trump now backs marijuana 'states rights' bill, senator says
By Elizabeth Zwirz| Fox News


President Donald Trump has reportedly lent his support to a U.S. senator from Colorado, promising to back legislation that “protects states’ rights” on legalized marijuana.

The president's decision would represent a split from U.S. Attorney General Jeff Sessions, who in January rescinded an Obama-era policy, known as "the Cole memo," that gave states more leeway over the federal government on marijuana policy.

The name refers to former Deputy Attorney General James Cole, whose memo explained the policy.

In a statement Friday, U.S. Sen. Cory Gardner, a Republican, said he’d received an assurance from the president on the states' rights' issue earlier this week.

“Since the campaign, President Trump has consistently supported states’ rights to decide for themselves how best to approach marijuana,” Gardner said. “Late Wednesday, I received a commitment from the President that the Department of Justice’s rescission of the Cole memo will not impact Colorado’s legal marijuana industry.

“Furthermore," Gardner added, "President Trump has assured me that he will support a federalism-based legislative solution to fix this states’ rights issue once and for all.”

http://www.foxnews.com/politics/201...arijuana-states-rights-bill-senator-says.html
 

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It makes no,sense in this day and age for big tobacco to fight legal weed.

Their sales are shrinking and they need to divest. What a perfect investment opportunity
 

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Well said! I wish there were more people focused on clear headed critical thinking instead of being stoner dullards.

I voted for medical marijuana here in Michigan because I thought it would help sick people. What we have instead is random lazy losers and the ritalin and adderol kids hitting 18 years old, claiming they are disabled, getting dope cards and going on welfare.

Yay, yet another batch of lazy excuse mongering leeches on society.

.
Thanks for your vote!....
It means a lot to sick people who use the herb for medicine.
Now they have safe access to the plant without having to sneek around feeling like a criminal.
My brother is 70 , he's very sick and depends on cannabis cookies to help deal with the pain and to sleep.
He was taking 5mg of oxycodone once a day.
With this new "opioid" crisis , the doc refused to refill his scrip because he tested positive for cannabis.
I've had to up his dosages of cookies which seems to be working.
I wish more people would vote yes for the legalization or decriminalization of cannabis.
 

Irons

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Thanks for your vote!....
It means a lot to sick people who use the herb for medicine.
Now they have safe access to the plant without having to sneek around feeling like a criminal.
My brother is 70 , he's very sick and depends on cannabis cookies to help deal with the pain and to sleep.
He was taking 5mg of oxycodone once a day.
With this new "opioid" crisis , the doc refused to refill his scrip because he tested positive for cannabis.
I've had to up his dosages of cookies which seems to be working.
I wish more people would vote yes for the legalization or decriminalization of cannabis.
Glad to help! I wish there was a way to keep losers like my nephew from making something that is helping people look bad to the uninformed.
But whenever there is a system there is going to be assholes abusing it I guess.

.
 

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Medical marijuana set to be legalized in Utah and Oklahoma this year - leaving just 18 states still opposed to the drug

  • Polls have revealed that 77 percent of voters in Utah and 62 percent in Oklahoma support the legalization of medical marijuana
  • Proposals are expected to be included on the ballot in both states this year
  • 30 other states have already legalized the drug for medical use to treat a variety of conditions such as chronic pain and arthritis


Read more: http://www.dailymail.co.uk/health/article-5627045/Medical-marijuana-set-legalized-Utah-Oklahoma-year.html#ixzz5D0yzRFkO
Follow us: @MailOnline on Twitter | DailyMail on Facebook
 

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Bernie Sanders Backs Bill To Punish States With Harsh Marijuana Laws






Tom Angell
, CONTRIBUTORI cover the policy and politics of marijuana Opinions expressed by Forbes Contributors are their own.
Several potential rival presidential candidates are teaming up on legislation to end the federal war on marijuana.
On Thursday, U.S. Sen. Bernie Sanders (I-VT) is signing on as a co-sponsor of the Marijuana Justice Act, introduced last year by Sen. Cory Booker (D-NJ).

Photo by Win McNamee/Getty Images
Many political observers expect that Booker and Sanders will compete for the Democratic presidential nomination in 2020. Sen. Kirsten Gillibrand (D-NY), another rumored contender, is also a co-sponsor of the bill.
Although the three senators may be just months away from the start of a hard-fought political nominating contest, they are linking arms in support of the most far-reaching cannabis reform bill ever to have been filed in Congress.



"Leaders in the Democratic Party are increasingly recognizing that leading the charge on legalization is not only good policy, but good politics," Justin Strekal, political director of NORML, said in an interview. "The constituencies which the party claims to stand for are the ones who have most felt the weight of prohibition and the lifelong consequences of prohibition."
The Marijuana Justice Act, if passed, would not only remove marijuana from the Controlled Substances Act so that states could legalize without federal interference, but would also withhold funding from states that maintain criminalization and continue to have racially disproportionate arrest and incarceration rates for cannabis.
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Bernie Sanders

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We are spending $80 billion locking people up. Think about what it would mean if we invested that money in our people instead of more jails. https://www.facebook.com/senatorsanders/videos/10156940407757908/ …
9:44 AM - Apr 19, 2018
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The legislation would also direct federal courts to expunge prior marijuana convictions and would allow people punished under disproportionately enforced cannabis laws to file civil lawsuits against those states.
Money withheld from states with discriminatory marijuana policies would be used to fund job training and libraries.
Booker and Sanders did a Facebook Live chatto discuss the legislation on Thursday.
View image on Twitter


Sen. Cory Booker

@SenBooker



Honored @SenSanders joined my bill, the Marijuana Justice Act, to end the federal prohibition on marijuana.

It's time we reverse decades of failed drug policy that has disproportionately impacted low-income individuals and people of color.

Watch live: https://www.facebook.com/senatorsanders/videos/10156940407757908/ …
9:41 AM - Apr 19, 2018
https://www.forbes.com/sites/tomang...-states-with-bad-marijuana-laws/#29f71dc29d01