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Several marijuana-related bills filed in new Congress
Last update: January 29, 2019
The 116th Congress went into session at the beginning of January, and several marijuana reform bills have already been introduced in both chambers. See below for a listing of legislation we are tracking on the federal level, and stay tuned for information on the progress of these bills and opportunities to take action.
H.R. 420 – Regulate Marijuana Like Alcohol Act
Chamber: House
Sponsor: Rep. Earl Blumenauer (D-OR)
Purpose: This legislation would remove cannabis from the federal Controlled Substances Act. It would also transfer cannabis enforcement authority from the Drug Enforcement Administration to a renamed Bureau of Alcohol, Tobacco, Marijuana, Firearms and Explosives.
H.R. 127 – The Compassionate Access, Research Expansion and Respect States (CARERS) Act of 2019
Chamber: House
Sponsor: Rep. Steve Cohen (D-TN); 4 cosponsors
Purpose: This legislation would permit states to implement medical cannabis programs without federal intervention. It would also allow physicians with the U.S. Department of Veterans Affairs to recommend cannabis to veterans. Sen. Cory Booker (D-NJ) is expected to introduce a Senate companion bill.
H.R. 498 – Sensible Enforcement of Cannabis Act of 2019
Chamber: House
Sponsor: Rep. Lou Correa (D-CA); 9 cosponsors
Purpose: This legislation would essentially revive the Obama-era marijuana enforcement memo that was rescinded by then-U.S Attorney General Jeff Sessions last year.
H.R. 171 – LUMMA – To provide for the legitimate use of medicinal marihuana in accordance with the laws of the various States
Chamber: House
Sponsor: Rep. Morgan Griffith (R-VA)
Purpose: This legislation would reschedule marijuana and clarify that the federal government cannot “prohibit or otherwise restrict” state-legal use, possession, transportation, production and distribution of medical cannabis. It would also reschedule marijuana under the Controlled Substances Act, from Schedule I to Schedule II.
H.R. 601 – The Medical Cannabis Research Act
Chamber: House
Sponsor: Rep. Matt Gaetz (R-FL)
Purpose: While this legislation wouldn’t change the federal legal status of cannabis, it would require the Justice Department to approve additional manufacturers of research-grade marijuana, protect research institutions interested in conducting studies on cannabis, and authorize the U.S. Department of Veterans Affairs to inform patients about federally approved cannabis studies that they can participate in.
S. 179 – A bill to direct the Secretary of Veterans Affairs to carry out a clinical trial of the effects of cannabis on certain health outcomes of adults with chronic pain and post-traumatic stress disorder, and for other purposes.
Chamber: Senate
Sponsor: Sen. Jon Tester (D-MT); 1 cosponsor
Purpose: This legislation focuses on increasing research on the medical benefits of cannabis for military veterans. It would direct the U.S. Department of Veteran Affairs (VA) to conduct clinical trials on the effectiveness of medical marijuana in the treatment of conditions common among military veterans.
* Companion bill to H.R. 712
H.R. 712 – To direct the Secretary of Veterans Affairs to carry out a clinical trial of the effects of cannabis on certain health outcomes of adults with chronic pain and post-traumatic stress disorder, and for other purposes.
Chamber: House
Sponsor: Rep. Lou Correa (D-CA); 17 cosponsors
Purpose: This legislation focuses on increasing research on the medical benefits of cannabis for military veterans. It would direct the U.S. Department of Veteran Affairs (VA) to conduct clinical trials on the effectiveness of medical marijuana in the treatment of conditions common among military veterans.
* Companion bill to S. 179
H.R. 747 – To direct the Secretary of Veterans Affairs to conduct and support research on the efficacy and safety of medicinal cannabis, and for other purposes.
Chamber: House
Sponsor: Rep. Phil Roe (R-TN)
Purpose: This bill would require the VA to conduct clinical trials on how cannabis can help veterans suffering from conditions such as chronic pain and post-traumatic stress disorder.
HAHA. I SURE HOPE SO!
Nice Dcbass! Grats!
$LVVV
How do you know thats whats happening? And besides, SO WHAT?? This isnt a flipper stock imo. All Stocks in OTC dilute, its necessary for the business.. Long as they are using it for growth of the company.. Which if this is truly the case, we obviously see where its going.
$LVVV
WoW, they are getting upwards of $30 bucks a clone!
$LVVV
haha.. and we KNOW the Doc will only prescribe the best!
$LVVV
Silver lining: Mature cannabis consumers are a fast growing market
LETS GO JIMMY CONNORS!
Submitted by Marijuana News on Tue, 02/05/2019 - 08:50
The green wave that’s driving cannabis legalization in the U.S. is being powered by an unexpected group: Baby Boomers and the Silent Generation. The people born in the 36 years between 1928 and 1964 are providing strong demand for cannabis.
In fact, the cohort of people who will turn 55 or older in 2019 now represent one of the fastest-growing consumer segments in the industry. If you’re a Boomer, aged 55 to 64, you’re now more likely to consume cannabis than 12-17 year olds. Orders from Boomers on Eaze, the medical cannabis app, leapt 19 percent in 2017. And the Silent Generation is gathering steam: around 4 percent of seniors, aged 65 and older, now consume cannabis at least once per year, which is up from almost zero a decade ago.
This fledgling "mature market" has huge potential as a growing customer base. Around two-thirds of U.S. states have now legalized cannabis in some form and increasingly, companies will have to design products and market to an aging demographic.
Story Continues Below
A good place to start when thinking about seniors is to learn about how and why they want to consume cannabis. Most Boomers have at least a passing familiarity with cannabis. After all, this is the generation that gave us flower power, the Summer of Love and Woodstock. But these days, instead of looking for a mellow groove, they’re hoping cannabis can provide relief from the trials and tribulations of later life, such as arthritis, inflammation and chronic pain.
Senior consumers are also looking for natural alternatives to pharmaceutical products, especially opioids. Some may be using cannabis to lessen the side effects of chemotherapy. Others are turning to cannabis to combat depression and anxiety or hasten sleep, as well as enhance libido and creativity.
It’s also worth noting how the Boomers like their cannabis served. Like the general market, they’re mostly looking for alternative to smoking flower. But while vaping through pre-filled dosing pens is popular, seniors are just as likely to use cannabis pills and topicals to alleviate stiff joints and edibles to help them get a good night’s sleep.
That’s because these products tick a few boxes for this generation in terms of being low-dose, discreet and approachable. Users can microdose with candies that contain as little as three milligrams of THC or CBD. The effects are predictable and repeatable. They also seek out familiar and credible packaging. There’s an added bonus: if the product is being ingested or applied, older people won’t need any paraphernalia to administer their dose. This avoids an odor of cannabis in the house, and the risk of nosey judgmental neighbors.
A few more things worth noting about older cannabis consumers. As a group, they’re not short of disposable income now that many of them are empty-nesters -- they’re among the highest monthly spenders on cannabis products. They’re relatively brand loyal too, so it’s worth trying to win their business from the get-go. A note to advertisers: this is a demographic where word of mouth is still the best recommendation.
Because of limited mobility and desire for discretion, they want their cannabis either delivered to their door or they want an easy way to get to a dispensary, hence the rise of several Boomer-friendly regular shuttle buses that ferry seniors straight from home to the store and back again.
It’s crucial that dispensaries make this generation feel comfortable once they’re at the store. This is a demographic that is intuitive, and they like learning about cannabis the good old-fashioned way -- by talking face-to-face. But buying cannabis products can be an intimidating retail experience, particularly for those who have never set foot inside a dispensary. They might imagine cluttered speakeasies with burly bouncers on the door, and male budtenders in their twenties who aren’t quite on the same wavelength.
It’s important to make them feel welcomed and cared for. That can start at the design level by making sure dispensaries are open, clean and user-friendly. For example, my company’s chain of dispensaries called The Botanist is inspired by 19th Century laboratories, greenhouses and the study of botany. There are lush botanical walls, weathered wood, bell jars and each dispensary sponsors a program of educational and entertaining events, such as cannabis 101, cooking with cannabis, CBD-infused cocktail parties and so on. This helps Boomers enjoy an immersive experience in a safe, comfortable way.
It will take companies time before they find the best approach to marketing cannabis to Boomers. But the evidence suggests that will be time well-spent.
Agree, I also believe IPOs were affected by that as well.. Didn't see ANY come thru during that time... via ETrade anyways..
Nicely said GCM, I agree. I honestly think Bill just needs to take a leap of faith and put it all out there, maybe the UpList will change that..
I have no doubt he is working his ass off either, but it sure would be good to see some projections of numbers to what they are estimating to get out of these locations. I am prepared to see HUGE numbers. LOL
$LVVV
LiveWire Ergogenics - SELLING CLONES!
(1/2)Text response from our clone customer:
“Kyle is a serious OG. He has organic formulas that will literally save thousands of peoples health and lives, and keep us from facing potential legal issues down the road with pesticides showing up during later stages (ie: phase 3)...”
(2/2): “The plants are perfect, nothing crawling around that shouldn't be. White fuzzy roots! The sky is the limit. Putting together a knowledgeable nursery team is 1000% the hardest part of the genetics game, and proves the foundation of EVERY grow. Suffice to say, I’m stoked.”
We wish you the best of luck to wherever you go
Take care and GLTU
$LVVV
Thank you Thumpa. Now back to business, LVVV SELLING CLONES NOW! LoL...it would be nice if this was a hint of something coming up, big Clone Deal to PR maybe??
$LVVV
I can claim anything I want, doesn’t mean I’m going to get it. It’s for the court to decide what is reasonable or not. I will trust Bill was advised appropriately by his counsel in starting this venture and is why he continued with the same name.
$LVVV
Yeah, good luck to them getting anything remotely close that LOL.... It’s BS imo.
They did start this venture, it’s a new business plan...the chew business all but died basically... so yes, this is under the same name, but a new business model all together..
what I am saying is, I hardly doubt he didn’t just go into this with out his eyes wide open to what he can or cannot do...otherwise he could have just filed BK like you mentioned and started under a different name. Things like this do not go unnoticed.
Regardless, I don’t see it being relevant at this time imo. I’m sure they can drag this out for awhile anyways...who knows, maybe years... more than enough time for them to take this puppy to a BIL CAP IMO.
$LVVV
I seriously doubt they would have started this venture with out knowing what they can or cannot do..they have great representation, and this would have been addressed prior to moving forward with the new business plan I’m sure..
So it only stands to reason, he was very well aware of any past debts, Bill is a smart guy, and an honest workhorse, with a top team...im sure he knew of and worked out any that were actually due and valid..he even mentioned resolving one on his Shareholders update in early 18...if it were of any real concern, then I’m sure he would have done just that...
$LVVV
We’ll sure glad they got a great attorney to represent them...they can ask or sue for whatever they want..what they get is an entirely different thing.. it’s a silly lawsuit that will not amount to anything remotely close to what they are asking for, if anything at all imo. LOL
Personally, I don’t see them throwing a PR out for every clone order they get...maybe they will for a sizable order with a larger grow company..I.e. HH for example, with a nice residual... otherwise, there are thousands of smaller growers out there they can capitalize on...
$LVVV
Yes they can, and will... no idea, I didn’t come up with those numbers..it’s a frivolous claim that isn’t going to amount to anything imo.
$LVVV
But it’s true, Bill learned his lesson from the chew days to be getting caught up in those toxic notes....millions will be rolling in soon and all that happened in the past will be just a distant memory
$LVVV
Like they will get anything close to that LOL. Frivolous....
TICK TOCK....This is getting ever closer to a massive spike imo... I don’t give two squats about any restricted shares, long as we see it going to something productive to the growth of LVVV, it’s all gonna be hardly noticeable once this thing gets moving imo.
$LVVV
not Sure Kim, that particular post was on Twitter, he was showing something on IHUB apparantly.
What do you see? Nothing shows on my end
For who? That makes ZERO sense. Lower than 500 mil float, its easy to move either way. Looks like MM play to me. : )
$LVVV
No there isnt, LOL! 1 million in volume is HARDLY an exodus.
$LVVV
News Of Selling Clones , That's The Rabbit!
He Will Show Us The Money IMO!
$LVVV
It can be anything really imo.. Some huge 7x Pure Progress report, agreements for clone sales, maybe even some big distribution agreements, additional state licenses, permits, another acquisition?? Hell, it could be just seeing the build out in Robles. UP LIST?? that alone i still believe to be a turning point here as well imo. Bottom line, is REVS are obviously important, and we want to see them NOW, that may be it, but the truth is Bill could be hiding something HUGE that could spark this puppy off to the MOON! AIMO of course.
$LVVV
Aren't We Awaiting A State Cultivation Permit? - We already have one with COACHELLA and they are ramping up REVS there NOW.
Application Is In Right? - Robles gets their own State Cultivation License, and per Bill, this should be applied for immediately
So Then We're Waiting For A State Permit And An Uplist. For Robles permit, yes, and others as mentioned in the PR. UpList we know is coming.
Then We're Waiting On A Build out, Right? - Correct, build out should be exciting to see!
I Should Be EXCITED Of Expecting Any Sales Activity While We Have Plenty To Keep Us Busy with many other things happening with the company.
$LVVV FTW
Also, Regarding Additional Permits.. The Farm LVVV has now is in Unincorporated Riverside. GCM just found this the other day.
per the Riverside website:
Ordinance No. 348.4898 establishes the permitting process and regulations for commerical cannabis operations and became effective December 23, 2018. However, the County is only responsible for permitting in the unincorporated County areas. Therefore, if you are located within an incorporated city, please contact that city to inquire about the city’s regulations.
- As of December 26, 2018, the Riverside County Planning Department is accepting conditional use permit applications for commercial cannabis: testing, distribution, manufacturing, and wholesale nurseries ONLY.
https://planning.rctlma.org/Cannabis.aspx
http://blog.margolinlawrence.com/new-cannabis-legislation-in-riverside-county
NOW, I know everyone here is wanting REVS and seems to be the main focus of this board.. Which I want to see as well! HOWEVER, getting additional permits around the state of CA is also $$$$. There is HUGE VALUE for this company to be fully compliant as they are now even, and more so with each and every additional permit they get across the state. and this place is already up and running!
BIG THINGS WILL BE HAPPENING HERE IMO.
$LVVV
You will see soon enough bud. Its all coming together as they planned.
$LVVV
Looks Like One More Great Caveat For LVVV Investors
PNTV Chose Not To Fight In California. - They just didnt have the expertise that LVVV had in getting thru the compliance needed. Great thing we have a TOP Team In place!
Did Bill Make The Wright Choice? - YEP, they already made it thru all the hoops and are NOW IN $$$$ MODE
Major Profits incoming! IMO
$LVVV
They already have these set in place, ready to go to be submitted, they havnt been sitting around doing nothing this whole time.. LOL...
$LVVV
Those are gonna make for some NICE Before and After pics!
Toxic debt mess here
Think i recall someone posting on the board some time ago about getting phone calls from some group promoting them, and one other stock as well actually. Yeah, cant wait for the UpList!
$LVVV
Sales News Is Not Necessary For Any Pop IMO
If We Wait For The Uplist We May Gain The Uplist To Increasing PPS.
The Last Time Bill Broke Silence We Were Up To .03 Heading North.
I Feel There Is Many Sales News To Be Had.
Prove Me Wrong, Please!
LVVV
Seems A Long Time To Sell Everything
The Longer We Go With Revenue News From Our Fully Compliant Portion Of The Business, The More excited We've Become.
It's Sure Looking Like There Is A Show Going On But LOTS of Real Effort, Just lots of $$$$.
Seems Like A Lot Of Effort Jumping Through Hoops For Everything, Right?
"The Company has employment agreements with its CEO Bill Hodson with an annual salary of $180,000." Amazing! He is getting paid for WORKING! LOL
Bill Gets Paid Pretty Well For working hard While Showing Us Real Initiative To Sell Product Or Distribute Everything.
$LVVV