bill to end the federal prohibition of pot, saying their businesses have been stymied by banking regulations that force them to deal in cash and make them a target for thieves.
"I hope I'm dead wrong, but the cynic in me says why would a Democratically-controlled Congress want to put a legalization bill in front of a president from their party who has already said he doesn't want to sign a legalization bill?" Kyle Kazan, the CEO of American cannabis production and distribution company The Glass House Group, told ABC News. Kazan also worries about federal involvement because of the damage done by the war on drugs.
The proposal would also clear the way for U.S. marijuana companies to use banking services, including holding bank accounts and taking out loans and allow companies to list on U.S. stock exchanges. Currently, cannabis companies do not have access to the banking system because their product is illegal in the eyes of the federal government.
"I'm excited. But I also want to be realistic about it," said DeAngelo, who has been dubbed the father of the legal cannabis industry."But it's a great day when the Senate majority leader comes out supporting comprehensive legalization of cannabis at the federal level. That is a great day for our movement."
If I will see children growing the plant for their summer jobs, will the Democrats really think?
it means jeffrey bezos can dominate the weed industry
cool! All this done is tell people its fine to take drugs. Dont you think we have enough of a problem already Disgusting
If they can smoke weed why can’t everyone can
It will never happen.
horrible
🤔
Wonder if all those in jail will released and given opportunity to be part of the industry
The industry? WTF that’s all y’all care about industry
absense of pivacy, speech and electoral rights, no access to education and health care and what is next? legal drugs fucking sodom
This is a bad idea, well intended, but bad in the end.
wesleybcouchini My state would finally legalize if the feds did it.
It is about time lawmakers sucked their head out of their azz and did something positive!!!
I'll believe it when I see it.
? The beginning of the end of the US legendary.
Cannabis tax dollars would sure pay for things this country needs.
Freedom is what America is about, shame on the drug war.
Pot is much healthier than alcohol and any doctor will tell u that
It's about time! Even in states where it is legal, it isn't legal for everyone. Anyone who gets any kind of fed$, sorry, no can do! Universities can't even study it to provide accurate data. Compare the number of people who OD on cannabis to those who OD on alcohol or opioids.
C'mon I want to smoke a blunt before I die. BucketList
The occupation continues! Zionist Jews raid Masjid al-Aqsa. This invasion and this raid must be stopped StopTheRaid
The Taliban raise their white flag at the gate of the Pakistan-Afghanistan border town of Sopi Boldak.
Right, don’t hold your breath. If 75% of Americans agree, not one repub would vote for it. Get the VOTING right bill signed or we will have zero chance for anything in the few years we have. We already have our own problem fools.
I bet this can get bipartisan support. The religious right is probably the major group in opposition but there are a huge number of Republicans who are fiscally conservative but open to weed legalization
It is in the best interests of the United States of America (and the world) to relegalize marijuana (the beneficial, versatile, historically legal marijuana/cannabis/hemp plant). Relegalize Marijuana Cannabis Pot
It would help alot of us Veterans and military retirees instead of taking hard meds like Tylenol w/codine and Morphine
Be Careful Of What You Buy!😷😷
Let the WEED LIVE!! Let us LIVE!!! 🤣🤣🤣🤣👍🏼👍🏼👍🏼😉😉😉😉
Not only it reduces non offensive crimes but also it helps impoverished communities
Jesus, they are trying to make the whole country full of pot Heads, God help us!
Legalising all drugs is the correct action, from weed to heroin to untested experimental medication. Not that the laws stop people from using these things, just that they do so under the threat of violence by the state.
Guessing the Democrats want some big tax money.
Experimental vaccine is ok , marijuana not legal...This is why people don't trust the government...you should be free enough to take both or neither
EVERYONE needs to be looking at their Air Quality where they live. The Ozone and Particle Matter PM levels are so bad now and are affecting our lungs. THIS IS REAL. We need to Address this Now. WE ARE OUT OF TIME.
Yay then i can finally be perscribed weed instead of living off anti anxiety medicine that dont really work
Legalise all drugs
Patent 6630507 CBD products
Just wait until the Fed’s put a tax on it.