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https://www.nbcnews.com/politics/joe-biden/biden-administration-plans-reclassify-marijuana-easing-restrictions-na-rcna149424
WASHINGTON — The Biden administration will take a historic step toward easing federal restrictions on cannabis, with plans to announce an interim rule soon reclassifying the drug for the first time since the Controlled Substances Act was enacted more than 50 years ago, four sources with knowledge of the decision said.
https://www.padilla.senate.gov/newsroom/press-releases/padilla-urges-biden-administration-to-swiftly-deschedule-marijuana/
WASHINGTON, D.C. — U.S. Senators Alex Padilla (D-Calif.), Elizabeth Warren (D-Mass.), John Fetterman (D-Pa.), and eight of their Democratic colleagues, including U.S. Senate Majority Leader Chuck Schumer (D-N.Y.), sent a letter to U.S. Attorney General Merrick Garland and U.S. Drug Enforcement Administration (DEA) Administrator Anne Milgram, urging the DEA to remove marijuana from Schedule I of the Controlled Substances Act (CSA). The letter follows a recent recommendation from the U.S. Department of Health & Human Services (HHS) that marijuana be rescheduled from Schedule I to Schedule III. The Senators are calling for a complete descheduling of marijuana, consistent with state law, public sentiment, and the need to eliminate draconian criminal and civil penalties for marijuana use.
The next step after this rescheduling is full on legalization.
Trumps term gave us legal hemp
Bidens term will give us rescheduling.
Next President will legalize
I have spoken
Seeing some pot stock activities!! Maybe this winter we will have a tsunami!
https://www.marijuanamoment.net/senate-schedules-marijuana-hearing-in-committee-chaired-by-cory-booker-with-legalization-bill-set-to-drop-any-day/
With a Senate bill to federally legalize marijuana expected to be introduced imminently, a key subcommittee chaired by one of the measure’s prime sponsors has scheduled a hearing for next week on cannabis reform and the harms of criminalization.
The Senate Judiciary Subcommittee on Crime and Terrorism, chaired by Sen. Cory Booker (D-NJ), will meet on July 26 for a meeting titled “Decriminalizing Cannabis at the Federal Level: Necessary Steps to Address Past Harms.”
While details are limited, it’s reasonable to assume that senators on the panel will be discussing long-awaited legislation from Booker, Senate Majority Leader Chuck Schumer (D-NY) and Senate Finance Committee Chairman Ron Wyden (D-OR), which Senate sources recently told Marijuana Moment could be filed as early as this week.
That bill—the Cannabis Administration & Opportunity Act (CAOA)—was released in draft form a little over a year ago. Advocates and stakeholders have been eagerly awaiting its introduction, and the timeline for the filing has been repeatedly pushed back as the sponsors have worked across the aisle to solicit feedback and build buy-in, but Schumer has made a “promise” that it would drop before the August recess.
Now with a key subcommittee headed by a sponsor scheduling a meeting on the specific issue it addresses, it seems that CAOA’s introduction is likely less than a week away. Marijuana Moment reached out to Schumer’s and Booker’s offices for comment, but representatives were not immediately available.
Sleek hasn't posted anywhere since Dec 13 2021. 3 months now.
It's very concerning and alarming.
https://www.leafly.com/news/politics/meet-congress-new-republican-cannabis-caucus
Mace’s bill opened with four Republican co-sponsors. They are:
Rep. Brian Mast (R-FL)
Rep. Peter Meijer (R-MI)
Rep. Tom McClintock (R-CA)
Rep. Don Young (R-AK)
I am also feeling 2021 is going to be a MAHA event.
I think we are going to beat 2014 highs.
I say yes, but only with a percentage of your Speculative Capital that you can afford to lose.
I started buying pot stocks in 2016 and joined this group in 2017.
By then my portfolio had 60 some positions because of FOMA.
This past year, I started adding to my positions to bring my cost basis down. I think in Oct I started to see life coming back to Pot Stocks.
So I started adding to bring my cost basis down on everything that I could.
A lot of these are pump and dump, aren't even current or Pint, a lot of STOPS, but I'll be damned Sleek... for whatever reason many of them have already moved 2,000%.
I took out profit in Jan and twice as much in Feb money that I only dreamed of making a month.
I'm here to make $$ Anything that can move 1,000%+ has my attention.
Had a few that moved 1,000%+ in Jan and Feb.
What an incredible feeling!
Does anybody know why FRO didn't pay Dec quarters dividend?
Will they continue or have they suspended?
Meanwhile, we have legislators and bills in NY to ban Hemp Flower.
Can't tell yet if they want to ban farmers selling hemp flower to consumers and if this will affect import ban of hemp flower as well.
I think for certain our grand salami stocks are going to pop, but how big of a movement we don't know... how many cycles of waves nobody knows... This is all pure speculation.
But something is happening, it's getting hot at least in my portfolio... and your take away from this momentum will be limited to how much your kernels pop in relation to where your cost basis is in the game.
I've had a few pop during past seasons but my cost basis was too high to have taken advantage of the game.
I can't speak for you or tell you what to do, but I've been working on bringing my cost basis down on my kernels since October when my first kernel popped... to get more leverage in the game in case in case others end up popping too.
i'm sitting on positions that have been dead for 3 years, go POP and POP and POP.
Still trying to make sense of the patterns and movements and where this is going or how high... as I think I am only seeing the first few waves starting back in November, but I think what I'm observing is super exciting good news for us and the grand salami stocks!!!
Even if the grand salami doesn't have a lot of activity right now, hold tight fellas! Because my other picks were no movement dead before popping and it makes sense to me that the waves going to affect a lot of stocks within this seasons grand salami --- surely grand salami picks will be part of it!
Sleep, others
Are yall noticing the movement happening on the pot stocks?
I think we are going to have a grand salami bang season for the next 3 months!!
My kernels are starting to pop, and it's just a matter of time IMHO before the heat reaches the salami kernels!
sleekscape, i'm interested in a projected outlook for Hemp and Marijuana in case Trump still wins.
What say ye?
Jan 30-31 2019
For those of us that don't drink coffee, thought I would also point out VATE has a product line of Organic Hemp Green Tea
"PURER TEA - Elev8 Green Hemp Tea Powder is infused with 100% pure hemp protein powder and is made with organic Green tea leaves. With our top-of-the-line preparation methods and exhaustive attention to quality, we guarantee our Elev8 Green Hemp Tea is purer than other competing green teas on the market. Our tea is not only pure in terms of health but has a deliciously rich taste as well."
Available on Amazon
I say, if they're gonna build a wall, it should be made out of HEMP!
Whose on board for a hempcrete wall?
parindra
HAPPY HEMP LEGALIZATION DAY!!!!
I was at a concert in Williamsburg Thursday night.
The Kiosk machines all over the place had advertisement to add CBD to beverage drinks.
It's becoming that common place.
I think this will change in time. As you know, FDA already approved CBD via epidiolex as a treatable medicine to epilepsy.
https://www.fda.gov/newsevents/newsroom/pressannouncements/ucm611046.htm
The difference between Charlotte's Web vs Epidiolex is the $$$ science to back up it's claims, and Charlotte's Web Oil isn't made by a Pharmaceutical company
Now that Hemp is legalized and de scheduled, $$$ science can be done to back up the claims.
The Low-Dose CBD supplement bottle you buy at a pharmacy store may not necessarily have a "cures cancer" tag-line, but neither does Vitamin-C and super high dosages of Vitamin-C cures cancer as well.
Sleek, any ideas if the S&P Index going below the 450 moving average will affect or hinder our mania ride?
It could in theory prevent any financial institutions to want to play stocks altogether
Sleek, if you really mean this then please stay, at least for another run.
Truth be told, despite how much money I was able to put into the salami stocks, this Mania may not make me rich, but with the financial gain from this mania and your salami picks for next run just might.
I think you have an obligation to stay until Marijuana is completely legalized -- will that put an end to the cannabis manias? :)
Or at least an obligation to train us so well that we'll be able to pick the salami stocks ourselves and not be so destitute :) <3
Can't believe some news media websites already claiming Hemp is legal. Don't these guys check their facts before publishing?!?!
Oh well, will be a true story by end of the week in any
case.
GLTYA
CANB
SIPC
VATE
I don't drink any alcohol at all... more of a herb kinda guy myself.
But if Major Hemp IPA comes to NYC, I most certainly will have a toast with my buddies.
Is this still a cannabis stock?
Hope Mitch is a fast runner, get that bill to Trumps desk ASAP!
Voting time!
If House finally votes for the Bill today, wouldn't surprise me if Mitch hand delivers it to Trumps desk to be signed TODAY with his hemp pen!
GLTYA
CANB
VATE
SIPC
Been telling people in NYC for ages... we can use cannabis sales tax to fix the MTA, fix the education, fix the infrastructure, fix the housing.
Been a long time goal of mine going back to 2006 for this to happen in NYC
Happy Thanksgiving all,
I was researching where recreational cannabis will be sold in Massachusetts beyond the only 2 stores when I stumped upon this coming soon store
https://www.leafly.com/dispensary-info/elev8cannabis---orange
I thought to myself.. "hmm eleve8 that is so familiar. Why is this so familiar?"
Immediately googled VATE because... well, doesn't VATE have a similar name?
And by golly it sure does, Elev8Hemp!
So this company obviously has a website - https://www.elev8cannabis.com/
It seemed at first as if VATE is opening up a recreational store in MA and some how never publicized it or we totally missed it somehow, but I cannot find any actual relation or connection beyond the "Elev8" branding.
It appears to be owned by 2 different people/companies.
Maybe someone else can dig deeper?
Got me wondering what would a "more liberal farm bill" with a Dem majority house look like?
Complete "Cannabis" legalization?
Parindra
EFFI new website?
On OTCMarket, EFFI's website is listed as
"https://www.teligentcare.com/"
https://www.otcmarkets.com/stock/EFFI/profile
Anyone know why?
Or will it be Trump firing Jeff Sessions!!!