The president also called for a review of how marijuana is classifed under federal law, saying the current status "makes no sense."
"President Biden, in keeping with his campaign commitments, has set into motion the actions needed to heal the harms of the past and chart a course for responsible, legal cannabis markets in the future," Culver said.Tom Franck | CNBC "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," Biden said in a statement announcing the pardons.
Benjamin Salisbury of Height Capital Markets estimated any potential rescheduling of cannabis could take up to three years and also runs the risk of a potential change in administration in 2024.
This is incredible, inconceivable and unbelievable!! The current Democratic/Socialist Government and its supporters are looking by all means to alleviate their bad results in the upcoming November elections!!! Senile, demented and opportunistic Joe Biden must be impeached!!!
Just make it legal. It’s so stupid to be okay with people drinking crazy amounts of alcohol but punish this. News flash. It isn’t a gateway drug Nancy Reagan. Well, maybe a gateway to the fridge or the couch. You can get high every night and wake up hangover free and productive.
NOTE: This move to decriminalize marijuana will DEFINITELY back-fire! I have, personally, witnessed the DIRE negative affects of people being high on marijuana in neighborhoods, murders, car accidents, etc. The POTUS will regret this - the innocent will suffer the MOST!
Those pot offenders will not forget that Biden laws helped put them in prison.
Isn't its status already legal?
Making rich people richer. While the average African American can’t even afford to apply for Marijuana Licenses
How much stock did SpeakerPelosi buy before this news was announced?
Awesome! Now let small farmers GROW THE CASH CROP! Maybe it will help them SURVIVE!! Let them sell wholesale to the dispensaries, TAX FREE. Charge the SIN TAX on the retail end! See Colorado for Tax Revenue Retail. Family FARM Needs HELP!!!
GodandtheBear
Let’s see what Congress members made the most on those investments.
Hey if peeps want to be potheads, let them, less competition in the world. 👍
Lol all this Hypocrite 🤡 hey let’s make money off this things so it no more crime 😂 Everybody is just menance this days
SpeakerPelosi made some cash 🙌
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