Beard Brothers Newsletter Provides Most Onpoint Analysis Of Cannabis Opportunity Act We’ve Yet Read


As always they get to the nub of it and speak in a language that human beings understand Here’s what they say in their weekly newsletter Well they did it… almost… sort of. On July 14th Senate Majority Leader Chuck Schumer (D-NY) announced a comprehensive piece of federal cannabis decriminalization that will likely see a full Senate vote sometime around September of this year…maybe. We have long wondered what federal cannabis reform might look like and although the Democrats’ proposal leaves a lot of questions unanswered, we now have a better idea of what they’re planning to attempt. If you have been reading our work for a while, you have likely seen us disparage the “half-step” of decriminalizing cannabis at the state level, rather than taking the full step of recreational or at least medical market regulation. At the federal level, however, decriminalization probably makes the most sense since 19 states have beat Uncle Sam to the rec weed punch and all 19 have slightly different laws. Instead of scrapping all of that and trying (in vain) to create a one-size-fits-all approach, the Feds seem to be content with letting states do their thing… as long as they pay up. Lawmakers are seeking opinions and feedback on the plan they floated earlier this month so let’s take a look  at what we know and what we don’t: THE GOOD (?) If passed as written, the Cannabis Administration and Opportunity Act (or CAOA lol Dems suck at this) will completely remove cannabis from the Controlled Substances Act. That’s great. There was a fear they would just bump it down to a lower schedule which would be a nightmare. This will automatically lead to more financial and insurance options that are sorely needed in the industry. The act will also mandate that…

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Source : Beard Brothers Newsletter Provides Most Onpoint Analysis Of Cannabis Opportunity Act We’ve Yet Read

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