senate majority leader introduce decriminalization bill what's your thoughts?
- Thread starter ROCKTOTO
- Start date
Rozgreenburn
Well-Known Member
Politicians giveth and always they taketh. Watch closely...
cancerkiller
Well-Known Member
idk.
will somebody please read this and give me the cliff notes.
www.marijuanamoment.net
will somebody please read this and give me the cliff notes.
Federal Marijuana Protections And Other Drug Policy Provisions Approved In New Spending Bills
A powerful House committee on Thursday approved spending bills and related reports that touch on a wide range of marijuana and drug policy issues—including calls to remove roadblocks to research into cannabis, noting the lifesaving potential of safe consumption sites for illegal substances...
www.marijuanamoment.net
Rozgreenburn
Well-Known Member
I tried, fuckin legalese. Not much for us, mainly clearing ground for research and pushing for the Fed from stopping banks from working with canna businesses. Seems they will try to drag this out as long as possible. Baby steps...
mudballs
Well-Known Member
thanks for the summation, i care but also i dont cuz imma growing anyway lol, but i didn't want to open and read that...so its still a controlled and dangerous substance...got it....our esteemed leaders everyone.
piney420
Well-Known Member
Let’s get to what matters! This bill is total bullshit. A huge surprise, it's about taxes, fees, and federal regulation and control.
https://int.nyt.com/data/documenttools/the-cannabis-administration-and-opportunity-act/6ae57fc5bae6ada6/full.pdf
Page 13- “Under present law, alcohol and tobacco products are subject to federal taxes as well as state excise taxes. While cannabis businesses are subject to federal income taxes and certain state excise taxes, cannabis products are not subject to any federal excise tax.
“Federal alcohol and tobacco taxes apply differently depending on the type of product. Some products are taxes based on volume, while other taxes are based on potency, and others are based on a percentage of price (for example, cigars are taxed at roughly 50 percent of their sales price.)"
Page 16 & 17- “The Federal Alcohol Administration Act requires any person producing alcoholic beverages or selling alcoholic beverages at wholesale obtain a permit from the Treasury Department. In addition, any person producing a taxable alcoholic beverage must register with the Treasury Department for tax purposes. Federal food facility registration may also be required by FDA.
“The Family Smoking Prevention and Tobacco Control act requires manufacturers of tobacco products to register with the FDA. Manufacturers of tobacco products must separately register with the Treasury Department for tax purposes.
“Generally, an alcohol or tobacco permit may be denied or revoked if the premises is inadequate to prevent tax evasion or diversion, operation of the premises do not comply with federal or state law, … or the applicant lacks sufficient business experience or financial standing. In addition, an alcohol permit application may be denied if the applicant has been convicted of a felony violation under federal or state law in the preceding five years, or a misdemeanor violation in the preceding three years related to alcohol. A tobacco permit application may be denied (or revoked) if the applicant has ever been convicted of a felony violation under federal or state law related to tobacco products.”
Page 17- “Strict rules apply to the operations of tobacco and alcohol production facilities, intended to prevent tax evasion and smuggling. These rules include requirements for facility security, rules regarding entry and inspection by government regulators, and requirements for record keeping and reports. In addition, manufacturers of alcohol and tobacco products may be required to maintain a surety bond, which serves to guarantee payment of excuse tax liabilities in the case that a manufacturer fails to pay.”
Proposal
Page 18- “The general rate of tax would be 10 percent for the year of enactment and the first full calendar year after enactment. The tax rate would increase annually to 15 percent, 20 percent, and 25 percent in the following years. Beginning in year five and thereafter, the tax would be levied on a per-ounce rate in the case of cannabis flower, or a per-milligram of THC rate in the case of cannabis extract. The applicable rate for year five and thereafter would be a per-ounce or per-milligram of THC amount determined by the Secretary of the Treasury equal to 25 percent of the prevailing price of cannabis sold in the United States in the prior year.”
Establishment and Permitting
Page 19- “Sec 511 of the Discussion Draft would require any person selling cannabis products at wholesale to obtain a permit from the Treasury Department. In addition, any person producing taxable cannabis products must obtain a Treasury Department permit and register for tax purposes. A producer of cannabis products would also be required to register with the FDA.”
So cliff notes, this bill is all about taxing the crap out of pot.
https://int.nyt.com/data/documenttools/the-cannabis-administration-and-opportunity-act/6ae57fc5bae6ada6/full.pdf
Page 13- “Under present law, alcohol and tobacco products are subject to federal taxes as well as state excise taxes. While cannabis businesses are subject to federal income taxes and certain state excise taxes, cannabis products are not subject to any federal excise tax.
“Federal alcohol and tobacco taxes apply differently depending on the type of product. Some products are taxes based on volume, while other taxes are based on potency, and others are based on a percentage of price (for example, cigars are taxed at roughly 50 percent of their sales price.)"
Page 16 & 17- “The Federal Alcohol Administration Act requires any person producing alcoholic beverages or selling alcoholic beverages at wholesale obtain a permit from the Treasury Department. In addition, any person producing a taxable alcoholic beverage must register with the Treasury Department for tax purposes. Federal food facility registration may also be required by FDA.
“The Family Smoking Prevention and Tobacco Control act requires manufacturers of tobacco products to register with the FDA. Manufacturers of tobacco products must separately register with the Treasury Department for tax purposes.
“Generally, an alcohol or tobacco permit may be denied or revoked if the premises is inadequate to prevent tax evasion or diversion, operation of the premises do not comply with federal or state law, … or the applicant lacks sufficient business experience or financial standing. In addition, an alcohol permit application may be denied if the applicant has been convicted of a felony violation under federal or state law in the preceding five years, or a misdemeanor violation in the preceding three years related to alcohol. A tobacco permit application may be denied (or revoked) if the applicant has ever been convicted of a felony violation under federal or state law related to tobacco products.”
Page 17- “Strict rules apply to the operations of tobacco and alcohol production facilities, intended to prevent tax evasion and smuggling. These rules include requirements for facility security, rules regarding entry and inspection by government regulators, and requirements for record keeping and reports. In addition, manufacturers of alcohol and tobacco products may be required to maintain a surety bond, which serves to guarantee payment of excuse tax liabilities in the case that a manufacturer fails to pay.”
Proposal
Page 18- “The general rate of tax would be 10 percent for the year of enactment and the first full calendar year after enactment. The tax rate would increase annually to 15 percent, 20 percent, and 25 percent in the following years. Beginning in year five and thereafter, the tax would be levied on a per-ounce rate in the case of cannabis flower, or a per-milligram of THC rate in the case of cannabis extract. The applicable rate for year five and thereafter would be a per-ounce or per-milligram of THC amount determined by the Secretary of the Treasury equal to 25 percent of the prevailing price of cannabis sold in the United States in the prior year.”
Establishment and Permitting
Page 19- “Sec 511 of the Discussion Draft would require any person selling cannabis products at wholesale to obtain a permit from the Treasury Department. In addition, any person producing taxable cannabis products must obtain a Treasury Department permit and register for tax purposes. A producer of cannabis products would also be required to register with the FDA.”
So cliff notes, this bill is all about taxing the crap out of pot.
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cancerkiller
Well-Known Member
‘Ridiculous’ price of medical marijuana leaves patients scrambling
Many people who use the drug to treat chronic conditions are priced out of their state’s medical marijuana program.
Rozgreenburn
Well-Known Member
Blue, red, who cares, throw the fuckers out, all they can do is spend our money, poorly. We should pay congress and senate twice what they currently make, with the express understanding, at the first sign of graft, kickbacks or any corruption, They go straight to prison! No white collar club Fed., just hard time in gen pop. They have to know what a good ass reaming is all about. Then and only then, the Execution. You can bet they would soon have our best interest in mind...Hey a guy can dream...
hotrodharley
Well-Known Member
Decriminalization is a joke. Read. You can still be charged with misdemeanors eh? Check the possible jail time and fines for such misdemeanor crimes and it all goes on your record. Full legalization. Decriminalization is a fucking joke.
xtsho
Well-Known Member
"Former U.S. House Speaker John Boehner announced a new, industry-funded group to lobby for marijuana reform in banking, taxes and research, a move that will put a political heavyweight behind the MJ industry’s efforts to overhaul federal cannabis policy."
"Another person who will be rooting for Boehner’s success is former Massachusetts governor and current Republican presidential candidate Bill Weld. Weld joined Acreage at the same time as Boehner, and both men hold 625,000 shares apiece in the company, the Times reports. That could reportedly net each of them $20 million once the firm is sold."
"Another person who will be rooting for Boehner’s success is former Massachusetts governor and current Republican presidential candidate Bill Weld. Weld joined Acreage at the same time as Boehner, and both men hold 625,000 shares apiece in the company, the Times reports. That could reportedly net each of them $20 million once the firm is sold."
NanoGadget
Well-Known Member
It's a complete conundrum. The only thing that got the feds to even consider changing cannabis laws is money, and when money is the primary driver of change the only people who really get to benefit from the changes are the people who are already rich and powerful. They have no incentive to advocate for hobby/personal growers, black market growers looking to go legit, or the rec users and med users on the back end. all the contracts, permits and land is going to be handed to big business and the politicians will have there fingers deep in those pockets.
hotrodharley
Well-Known Member
These same money fucks start immediately advocating for limiting the number of licenses. Quotas. Of course they've got theirs before they start that monkey chatter. The little guy has a chance in NM as far as license is concerned. But unless you have very deep pockets and investors from outside the legal financial industry you're like an ant crawling up an elephant's leg with rape on your mind.
Boatguy
Well-Known Member
Worst thing that could happen is a federal legalization. Just like brewing your own spirits, they will outlaw growing to protect their taxation interests
hotrodharley
Well-Known Member
"They" might like that but good luck stuffing this dragon back in the cave. Understand politics and it's all about money and our side has a lot of it. These corporations are making money from it already. They're not about to donate to people trying to stifle it.
I've never seen a shortage of perlite. Not until all these states went legal. Shortage severe enough that a lot of production has moved to the USA. Mexico is our major source of perlite. The perlite industry then is not about to support anything that slows this movement.
hotrodharley
Well-Known Member
Neither is Scott's/Monsanto or any other megacorporation. Our biggest enemies are the liquor and pharmaceutical companies.
xtsho
Well-Known Member
It got former Republican House Speaker John Boehner to jump onboard. Money changes everything. He's already made millions and he doesn't even smoke or grow weed. He's in it for the money and it's people like him that are going to be making the most.
oldsilvertip55
Well-Known Member
have no doubt!