Replies to post #6973 on Tilray Brands Inc (TLRY)

[john1311]

Double brilliant... your timing is excellent Drugdoc...

[FUNMAN]

FREAKING FANTASTIC NEWS --->>> Is this our here we go moment? Drugdoctor Tuesday, 07/13/21 09:06:41 AM
Re: FUNMAN post# 6971
Post # 6973 of 6975

Schumer To Unveil Federal Marijuana Legalization Bill On Wednesday

https://www.marijuanamoment.net/schumer-to-unveil-federal-marijuana-legalization-bill-on-wednesday/

IMO, it's a big step forward. - FUNMAN

Schumer To Unveil Federal Marijuana Legalization Bill On Wednesday

Published 4 hours ago on July 13, 2021
By Kyle Jaeger

The leader of the U.S. Senate and colleagues will be releasing a discussion draft of a long-awaited bill to federally legalize cannabis on Wednesday, Marijuana Moment has learned.

Two sources who were briefed on the plans said that Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ) will hold a press conference Wednesday to unveil a preliminary version of what’s being titled the Cannabis Administration and Opportunity Act.

Details of the proposal’s provisions are not yet available, but the purpose of the draft being released is to spark conversation to inform what will be a formal introduction of the bill at a later date.

Advocates have been anxiously anticipating the legislation, which Schumer has repeatedly said was coming “soon” after he, Wyden and Booker first pledged in February that it would be ready “in the early part of this year.”

Since then, the majority leader has been making the case for reform everywhere from the Senate floor on 4/20 to a cannabis rally in New York City.

Beyond ending prohibition, Schumer said the proposal he and his colleagues are working on will “ensure restorative justice, public health and implement responsible taxes and regulations,” similar to what New York lawmakers sought to accomplish in a legalization bill that the governor signed into law this year.

The three senators formally started their efforts on the legalization bill by holding a meeting earlier this year with representatives from a variety of advocacy groups to gain feedback on the best approach to the reform.

Schumer made a point in March to say that it will specifically seek to restrict the ability of large alcohol and tobacco companies to overtake the industry. Instead, it will prioritize small businesses, particularly those owned by people from communities most impacted by prohibition, and focus on “justice, justice, justice—as well as freedom,” he said.

He also urged voters to reach out to their congressional representatives and tell them that “this is long overdue.”

Meanwhile, a House bill to federally legalize marijuana and promote social equity in the industry was reintroduced in May.

The legislation, sponsored by Judiciary Committee Chairman Jerrold Nadler (D-NY), was filed with a number of changes compared to the version that was approved by the chamber last year.

The Marijuana Opportunity, Reinvestment and Expungement (MORE) Act passed the House but did not advance in the Senate under GOP control.

But this time around, advocates are optimistic that the policy change could be enacted now that Democrats run both chambers and the White House, and as more states are moving to enact legalization.

President Joe Biden, however, is an outlier within the Democratic Party, maintaining an opposition to adult-use legalization despite the widespread and increasingly bipartisan public popularity of the reform.

It remains to be seen whether the president—who campaigned on more modest pledges to decriminalize cannabis possession, expunge prior records and respect state legalization laws—would stand in the way of a comprehensive policy change by threatening to veto the bill that’s ultimately produced.

Wyden, who under the chamber’s new Democratic majority assumed the top spot on the Senate Finance Committee—where the new legislation is likely to be referred once formally introduced—recently said his goal will be to “end the prohibition and come up with sensible tax and regulatory oversight at the federal level.”

He said in February that “it’s not enough in my view to just end cannabis prohibition,” and “I think we need to restore the lives of people who’ve been hurt most by the failed war on drugs and especially black Americans.”

To accomplish that, he said reform legislation should include provisions to provide expungements for those with prior cannabis convictions, community reinvestment programs, job training and reentry services and “access to capital.”

“I’m strategizing now on the next steps,” he said at the time. “We need comprehensive reform, and you need legislation to do it.”

“Certainly the fact that millions of Americans have voted for at least some of what I just described means that we’re in a position to move at the federal level,” he added. “I do think that this kind of crazy quilt—particularly as it relates to regulation and the financial aspects, particularly nationwide consideration—you really need some kind of bedrock federal rules on, one, ending the prohibition; two, sensible tax policies; and three, sensible regulatory oversight.”

All three senators—Schumer, Wyden and Booker—have in past years introduced marijuana legalization bills that never got hearings or votes.

Separately, a proposal to federally deschedule marijuana that does not include social equity components was recently filed by a pair of Republican congressmen.

[FUNMAN]

Tilray is getting ready to act, because these acts look like they may pass.

The Moore Act and the Safe Banking Act already passed the house with plenty of republican support.

If McConnell tells his team to vote their conscience, it will pass. Even in red states, people are overwhelmingly already voting "yes" on cannabis.

Some of the following med-only states are RED states.

Dems dominate all of the Rec-legal states except for Alaska and Montana.

Only 10 more republican senators are needed and enough of them represent constituencies that have already legalized cannabis.

IMO it's doable.


The 18 States (plus D.C.) with Legal Recreational Weed

These are the 18 states, plus Washington, D.C., that allow recreational weed use—and medical marijuana, as well. New Mexico, Connecticut, and Virginia are the most recent additions, with legal weed permitted to residents in all three as of July 1.

Laws about possession, distribution, personal cultivation, and concentrates differ across state lines. NORML, a nonprofit group that advocates for marijuana reform, has a more detailed, state-by-state rundown. Nor do all of these states have a retail infrastructure set up yet, so it might be impossible to pop into a dispensary and stock up on gummies—for now.


Alaska

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow up to six marijuana plants per household, but no more than three can be mature and flowering at a time.


Arizona

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow five or fewer plants per household.


California

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow five or fewer marijuana plants per household.


Colorado

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow up to six plants per household, but no more than three can be mature at a time.


Connecticut

• It is legal for adults 21 and over to possess up to 1.5 ounces of marijuana in public or up to five ounces in private.
• It will remain illegal to grow marijuana plants at home until July 2023. However, registered medical marijuana patients will be permitted home cultivation in fall 2021.


District of Columbia

• It is legal for adults 21 and over to possess up to two ounces of marijuana.
• It is legal for adults 21 and over to grow up to six plants per household, but no more than three can be mature at a time.


Illinois

• It is legal for Illinois residents 21 and over to possess up to 30 grams of marijuana (roughly 1.06 ounces). Non-Illinois residents 21 and over can only possess 15 grams of marijuana (roughly half an ounce).
• It is legal for registered medical marijuana patients to grow up to five plants per household that are five inches or taller.


Maine

• It is legal for adults 21 and over to possess up to 2.5 ounces of marijuana.
• It is legal for adults 21 and over to have up to three flowering plants and 12 immature plants growing per household.


Massachusetts

• It is legal for adults 21 and over to possess up to one ounce of marijuana outside the home, and up to 10 ounces of marijuana inside the home.
• It is legal for adults 21 and over to grow up to six plants per household.


Michigan

• It is legal for adults 21 and over to possess up to 2.5 ounces of marijuana outside the home, and up to 10 ounces of marijuana inside the home.
• It is legal for adults 21 and over to grow 11 or fewer plants per household.


Montana

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow up to four plants for personal use.


New Jersey

• It is legal for adults 21 and over to possess up to six ounces of marijuana.
• It is illegal to cultivate marijuana for personal use without a license.


New Mexico

• It is legal for adults 21 and over to possess up to two ounces of marijuana.
• It is legal for adults 21 and over to grow up to six plants for personal use at home, with no more than 12 plants per household.


New York

• It is legal for adults 21 and over to possess up to three ounces of marijuana.
• It is legal for adults 21 and over to grow up to six mature plants and six immature plants per household.


Nevada

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow up to six plants per household if they do not live within 25 miles of a marijuana dispensary.


Oregon

• It is legal for adults 21 and over to possess up to one ounce of marijuana outside the home, and up to eight ounces of homegrown marijuana inside the home.
• It is legal for adults 21 and over to grow up to four plants per household.


Vermont

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow up to six plants per household, only two of which can be mature.


Virginia

• It is legal for adults 21 and over to possess up to one ounce of marijuana.
• It is legal for adults 21 and over to grow up to four plants in a primary residence, as long as those plants are not visible to the public.


Washington

• It is legal for adults 21 and over to possess up to one ounce of marijuana in private.
• It is illegal to grow plants.



The 18 States with Legal Medical Marijuana

In addition to the 18 states plus D.C. with legalized recreational weed—and therefore legal medical marijuana—these 18 states have legalized just medical marijuana. NORML has the full rundown of each state's law.

• Arkansas
• Delaware
• Florida
• Hawaii
• Louisiana
• Maryland
• Minnesota
• Mississippi
• Missouri
• New Hampshire
• North Dakota
• Ohio
• Oklahoma
• Pennsylvania
• Rhode Island
• South Dakota
• Utah
• West Virginia