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Tuesday, December 06, 2022 10:36:40 AM
What is telling was telegraphed yesterday...https://www.marijuanamoment.net/newly-elected-house-democratic-leader-says-marijuana-is-opportunity-for-common-ground-under-gop-control/
So a rough translation: SAFE Banking only happens in 2023 now the given.
Grants and gun rights the unworkable rubs. Evvvvery three letter agency gets a slice or told to sit down and play nice. FICEN review for up list possible. Why the urgency? Focus on the prize: Many more +$= up listing. The traction...could a scheduled drug such as cannabis be allowed to be marketed by a pubco subject to 280e? It is now on the OTC. Then...why not on a major exchange? Clean up what the USSC has said is a lack of clarity and equal treatment where no laws exist. C. Thomas indicated he would make a decision for the Legislature (Congress) and hinted it would be favorable if they did not take action. See Mexico. Extend the exception under a SAFE umbrella. Again, a why not? Would there be more taxes to draw upon if allowed under a States' rights exception as in recognizing that the total taxable base would increase dramatically? Of course. Best of both worlds for the Feds--taxing larger better funded pubco's with 280e + more $. On the other hand, removal from schedule cleans up all the drama/trappings. And they have told us what their solution is. An excise tax. Last suggested the D's wanted 25% and R Nancy Mace suggested <5%. Compromise? Almost certain. Probably 12-15% and everybody makes $. The beginning.
Too bad they can'r/won't get some bit of incremental progress done now. But that's the same lie for the last two years with total control on any standalone bill being passed.
Why do you think they (will continue) call it dope (in '24)?
Try asking the U.S. Government's ubiquitous paymasters --Big Tobacco, Big Pharma, the Cartels, and of course the Chinese!
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