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At the very least allow banking for weed businesses in the states where it is legal.
Ping
This is NOT a Federal matter. Geez...they think they gotta be in everything.
Gotta get that under 30 margin back up to 50%. But it won’t help. People who want to use pot are already finding ways to do it.
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But Please Support FR And End The 'thon
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We truly have an utterly unconstitutional totalitarian federal government now - one that has completely shed the sole authorization of the Constitution for any federal act.
Amazingly, the Right generally seems to go along with it.
I still hold out for the miraculous restoration of our Free Constitutional Republic but it will take the same Hand of Divine Providence that miraculously birthed the nation to do so.
Decriminalize or Legalize?
Legalization requires a lot of regulation. Do they have that ready?
Yes, reaffirm the federal ban on pot and all commerce associated with it. Or, maybe a 100% federal tax on it.
Here’s the funny part: If they take away anti-marijuana laws, they basically make every drug sniffing dog out there obsolete. A dog that “indicates” on a legal substance is worthless.
And this is a good thing. Drug dogs and lie detector tests are two of the worst tools used by law enforcement to violate people’s rights.
In Washington State during my lifetime, we always had almost no enforcement of marijuana laws. Illegal sales were already close to a $1 billion. It didn’t seem like it would make much of a difference.
The legal marijuana industry now has $2 billion in sales far more than both alcohol and tobacco combined. There is an excise tax of 37% on marijuana plus approximately 10% in sales taxes... the highest taxes of any legal marijuana state in the country. Add to this very lax enforcement almost to the point of non-existent enforcement and there is a strong incentive for a black market. And indeed illegal marijuana sales have more than doubled. Washington state has been flooded with marijuana.
What is it like when over $4 billion of marijuana is being burned in the places where you live and work? It ain’t perty!!! In the place where we live you can’t drive down the road without the skunk like odor filling your car from drivers smoking pot in the cars ahead of you. You can’t leave your windows open at night without the smell of marijuana saturating your house.
In most of the cities in Western Washington homelessness has gone up 50% or more in recent years. It smells like a marijuana bonfire when you pass the camps which now seem like they are everywhere.
The Democrats own this mess; I would think that there will eventually be some type of backlash.
If Congress does not let experience have a longer say in “decriminalization” then the nation may well regret it.
What has followed marijuana decriminalization in California; the end of marijuana based drug related criminal activity, as proponents of decriminalization suggested? No. Marijuana based illegal activity is exploding with illegal marijuana growers competing with and corrupting the legal marijuana trade.
The experience of things in the states that have already decriminalized marijuana has to be observed for some many years more before any additional decriminalization moves are made. And even then, should it be a federal matter other than the federal government leaving it to the states?
Think about that! That's just the medicinal/recreational use.
Texas Department of Agriculture Industrial Hemp Program
Industrial hemp is another multi-billion dollar industry just waiting to happen.
Should have been reform for banking use already and Trump discussed addressing this.