Home > Boards > Free Zone > User's Groups > $LEEK$CAPE’S 2021 HEMP, CBD & MARIJUANA MANIA GRAND SALAMI -- PART II

CBD Legalization Update + Latest Perspective on 3

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
sleekscape Member Profile
Member Level 
Followed By 813
Posts 29,929
Boards Moderated 1
Alias Born 03/16/14
160x600 placeholder
Top Company News of the Day
Axel Springer, whose $1 billion acquisition of Politico is expected to close next week, is also planning foreign-language editions.
Corn Rises as Farmers Hold on to Harvests -- Daily Grain Highlights
Front Month Nymex Natural Gas Fell 2.79% This Week to Settle at $5.4100 -- Data Talk
Front Month Nymex RBOB Gasoline Rose 5.08% This Week to Settle at $2.4864 -- Data Talk
CureVac Shares Down 12%
Housing Starts and Existing Home Sales on the Docket -- Data Week Ahead
Twitch Confirms Source Code Leak; Passwords Not Exposed
U.S. Oil-Rig Count Rises by 12 in Latest Week, Baker Hughes Says
Genentech: FDA Approves Tecentriq as Adjuvant Treatment for Certain Lung Cancer Patients
FTSE 100 Index Ends the Week 1.95% Higher at 7234.03 -- Data Talk
DAX Ends the Week 2.51% Higher at 15587.36 -- Data Talk
STOXX Europe 50 Index Ends the Week 2.50% Higher at 3628.05 -- Data Talk
EURO STOXX 50 Index Ends the Week 2.69% Higher at 4182.91 -- Data Talk
CAC 40 Index Ends the Week 2.55% Higher at 6727.52 -- Data Talk
STOXX Europe 600 Index Ends the Week 2.65% Higher at 469.39 -- Data Talk
Rising Demand Just One Factor in Inflation, Supply Chain Woes
Lockheed Martin Currently Up Nine Consecutive Days, On Track for Longest Winning Streak Since October 2017 -- Data Talk
FTSE Closes Up, But Loses Strength of Morning Opening
U.S. Consumer Sentiment Decreased in Early October -University of Michigan
Leonardo Says It Didn't Supply Airbus With Components From Embattled Subcontractor -- Update
VC Daily: Question: What Makes Decentralized Finance Attractive to Investors?
Caterpillar Names First Chief Sustainability and Strategy Officer
ITA Begins Operations as Italy's New National Flag Carrier
LumiraDx Shares Rise 13% Premarket on EUA Submission to FDA
sleekscape Member Level  Monday, 07/26/21 02:40:44 PM
Re: None
Post # of 29944 
CBD Legalization Update + Latest Perspective on 3 Cannabis Bills

A few more recent cosponsors for CBD Legalization have signed on to HR 841, which continues to have strong bipartisan support, a vital feature of any bill that can pass the Senate:

https://www.congress.gov/bill/117th-congress/house-bill/841/cosponsors?r=2&s=4

— — —

ValidCare has proven through its research study that there aren’t any liver safety issues with CBD taken at typical daily OTC doses:

Investigators report to FDA no evidence of liver toxicity in the 839 adults consuming oral CBD

https://validcare.com/news/clinical-study-reports-cbd-liver-safety-results/

The publishing of that study in a medical journal remains pending

— — —

So we have 3 different cannabis legalization bills in play in this Congress:

MJ Legalization/Decriminalization (Chuck’s Bill)

MJ/Hemp/CBD Banking Legalization (SAFE Banking)

CBD Legalization


SAFE Banking remains the most likely cannabis legalization bill to pass this Senate

CBD Legalization is already part of Chuck’s MJ Decriminalization Bill:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165007325

CBD Legalization can also wind up being pared with SAFE Banking as well, so it has 2 separate chances to pass

Chuck’s MJ Bill is still in draft form and taking comments — there’s a pretty reasonable chance that we’ll see something akin to the STATES Act (exemption of MJ from Schedule of Controlled Substances rather than outright descheduling) in the final bill if the support for descheduling isn’t there:

3 Versions of MJ Decriminalization/Legalization

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164910659


Sleek

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences