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Cannabis is legal in most US states but federal laws block businesses from banks

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171–180 of 247 posts

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#171

Earlier quoted context omitted.

It sucks how everything is a political football instead of just doing the right thing. They had full control and could have legalized it. But no, they keep holding onto just to drag voters along every election.

It sucks how uneducated about basic things US voters are. The Affordable Care Act is probably the most impactful law passed by Democrats in the recent past. In a survey of 2000 voters, a staggering thirty-five percent did not know [1] that the ACA and the colloquial "Obamacare" were the same thing. Bizarrely, an additional number didn't know that 'Obamacare repealed = ACA repealed'. I cannot blame either party for pl…

"The national uninsured rate in the United States has reached an all-time low of 8%". Given this, I would say 92% US citizens don't care. Most people get insurance from work, family or are of the 120 million Medicare/Medicaid patients. On the other hand, if the US population wasn't health care insured (like Europe believes) - they would know each word of those bills.

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#172

There's still a chance that cannabis might trigger schizophrenia, especially among people who start very young. This is at right angles to the legalisation debate, because alcohol and tobacco are likely to be even more harmful. It remains the case that intellectual honestly about this point should not get drowned out in all the politics. Be careful what you put in your body. Especially if the thing is some novel subs…

This is valid for alcohol too (father of ex-gf had schizophrenia triggered by alcohol binge at 18 and had to take strong meds for rest of his life, brain half vegetable). Or stressful event - we should ban those too. In the same time we let people freely get drowned in one of strongest addictions - nicotine. Oh but we banned (in some places) advertisement for it. We even get kids get hooked on it for life too via vap…

Your comment demonstrates a lack of reading comprehension. I don't care what we "let" people do, as I stressed in my comment. The actual point was that it's not as "safe" as many of its most blinkered advocates say it is.

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#173

This is frustrating, because I think it’s a near certainty marijuana will be legalized federally. If I was a betting man, which I’m not, certainly not enough to mess with prediction markets, I’d call myself 95% certain. All this ambiguity is just grinding inefficiency in the meantime. Look at all that states where this is legal or decriminalized: https://disa.com/maps/marijuana-legality-by-state And even in states wh…

I think right now is exactly where I want weed to be in society: a taboo, not normalized in the mainstream, you get in trouble if you’re stupid with it, but otherwise if you’re just an occasional user you can get it just fine. This is pretty much perfect to me. What I don’t want is broad normalization of it. Maybe some cultures do just fine with that, but the trend is America has been to maximize the individual liber…

You can't download weed.

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#174

Earlier quoted context omitted.

It sucks how everything is a political football instead of just doing the right thing. They had full control and could have legalized it. But no, they keep holding onto just to drag voters along every election.

It does suck, but it's what the system of democracy we currently have incentivizes. I've kind of become a bit of a voting reform absolutist for this reason. Publicly funded elections, get rid of first-past-the-post plurality voting (and replace with approval, ranked choice, anything really), electoral college reform, Wyoming rule, etc. If these problems were fixed, the incentives to solve the other problems are much…

I think the problem is more fundamental than that. There’s no mechanism in the system for feedback on improving the system itself because it would disadvantage the people who have been elected by the current system (since those are the people that have figured out how to exploit it the best).

The only current method would be to somehow convince the people in power that they will need to overhaul the system to stay in power in the future. But that’s not gonna happen because the existing loopholes are so massive (e.g. gerrymandering), that they can basically guarantee that anyway.

It’s also not a policy issue, and it feels weird to vote for it (or vote for people who promise it), because it’s not a direct thing that will affect your daily life and is more second order than that.

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#175

Prediction: Dems will make a move on federal legalization in the months before the 2024 presidential election, or at least make federal legalization a major election issue. A lot of right wing / libertarian adjacent people were hoping Trump would come out in favor of it as a 2020 election issue, to outflank Biden on at least one issue. It didn't happen, but I bet it would have made the election a bit closer -- it wou…

Unfortunately Biden himself has a pretty staunchly anti-marijuana track record from his time in the senate. He changed his tune somewhat when he joined the Obama admin but I don't think that push for national legalization is going to come from the Oval Office.

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#176

For these businesses, I'd set up something like a myNode [1] or a RaspiBlitz [2]. This way, all the merchant needs is an internet connection. Granted, customers will need something like BLW [3]. If they've got no other options to pay the merchant, then that should be sufficient. Accept either physical Federal Reserve Notes, or decentralized electronic payments. 1. https://mynodebtc.com/ 2. https://shop.fulmo.org/rasp…

How would you deal with the currency risk inherent in dealing with cryptocurrency? Assume that the landlord, vendors, tax man, and employees all want USD from you, and do not accept cryptocurrency as payment. Please explain how you would protect yourself from adverse price movements in cryptocurrencies as a merchant to ensure you have enough USD to pay all your obligations.

swap your Bitcoin/eth/whatever for usdc/usdt/dai/other stables

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#178

Prediction: Dems will make a move on federal legalization in the months before the 2024 presidential election, or at least make federal legalization a major election issue. A lot of right wing / libertarian adjacent people were hoping Trump would come out in favor of it as a 2020 election issue, to outflank Biden on at least one issue. It didn't happen, but I bet it would have made the election a bit closer -- it wou…

It sucks how everything is a political football instead of just doing the right thing. They had full control and could have legalized it. But no, they keep holding onto just to drag voters along every election.

Really we should blame all the executive administrations for not forcing the DEA to do their job properly. Keeping cannabis as a Schedule 1 is completely scientifically unjustified. There was already an existing legal framework available to legalize the drug. But since the DEA/FDA is so corrupt, we have to fall back to checks & balances available in the states and Congress.

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#179

Prediction: Dems will make a move on federal legalization in the months before the 2024 presidential election, or at least make federal legalization a major election issue. A lot of right wing / libertarian adjacent people were hoping Trump would come out in favor of it as a 2020 election issue, to outflank Biden on at least one issue. It didn't happen, but I bet it would have made the election a bit closer -- it wou…

[deleted]

Re: Cannabis is legal in most US states but federal laws block businesses from banks

#180
post #71

Earlier quoted context omitted.

There are lots of really big businesses that sell it too. Cresco Labs, Verano Holdings, Curaleaf. Going to a Cresco run "Sunnyside" dispensary is like the Apple store of pot. It's kind of ridiculous.

> Going to a Cresco run "Sunnyside" dispensary is like the Apple store of pot. It's kind of ridiculous. You were not kidding: https://www.crescolabs.com/ & hey, there is one near me.

Sunnyside Wrigleyville, Chicago, IL

Publicly traded corporation. Pays taxes.

https://i.imgur.com/NUi8fL0.jpg

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