Earlier quoted context omitted.
That's a fairly a common practice for cash only businesses, normally a different company is supplying the ATM and its cash. For example I've seen cash only ice cream shops with the same setup.
That's not what he's describing. In this case there actually is no cash or traditional ATM involved on-site. It's connected to the dispensary POS, not a physical ATM. (They often have a regular ATM like you describe also, though.) So you do an ATM transaction, but the money goes to the dispensary somehow. I do not know how it works on the back end, but I've used it as a customer. It's lovely and can even be done over…
US drug control agency will move to reclassify marijuana
411–420 of 918 posts
Re: US drug control agency will move to reclassify marijuana
#412Earlier quoted context omitted.
Do all of them. To me, government exists to mediate interactions between parties. Not to get involved in personal choices. If someone wants to rip fat lines of coke, good for them. Not my business.
We don't live in libertarian utopia, let's first focus on substances that are *obviously* misclassified, the ones cited before have actual benefits, the most obvious one being psilocybin.
Re: US drug control agency will move to reclassify marijuana
#413Earlier quoted context omitted.
'without a DEA licensed rx and dea licensing' Rx under DEA scrutiny is nothing like rec or laughable state controlled medical 'recommendations'. You pull that shit as a provider on controlled scripts and your charts get audited, your DEA license gets pulled.
But it does mean that it will actually, for the first time ever in living memory, be possible for someone to fully federally legally possess a THC-active form of cannabis without further Congressional action. I'm not sure if a state-legal cannabis supply chain could be fully federally legal in this context, but imagine if a pharma company goes through the FDA approval process for a THC pill and then doctors prescribe…
Interesting point of history, the Federal US Government has actually been running a small medical program for almost 50 years. https://www.mpp.org/policy/federal/federal-governments-medic...
Re: US drug control agency will move to reclassify marijuana
#414Earlier quoted context omitted.
I don’t get why they don’t just use Bitcoin or Ethereum.
Mainly because your employees, suppliers, and landlord have no desire to be paid in Bitcoin.
Also, it doesn't seem like it would be that hard to find someone to accept it as payment, since they can convert it to cash too. And the sort of landlords/suppliers/employees willing to do business with a dispensary seem like exactly the sort who would accept Bitcoin.
Re: US drug control agency will move to reclassify marijuana
#415Earlier quoted context omitted.
The difference is in Canada it's actually fully legal at all levels of government, so the transaction is a normal point of sale transaction, it can also go through a credit card as a normal purchase without being subjected to the expensive cash advance interest rates, and so on. It can even be a tax-deductible and reimbursable business entertainment expense under similar conditions to alcohol.
Its super weird how america can make things half legal. In canada the responsibilities are divided up between different levels of government. None of this legal at one level but not another level bullshit.
Re: US drug control agency will move to reclassify marijuana
#416Earlier quoted context omitted.
My brother supervises at a dispensary. They are not attractive robbery targets at all. They have a lot of security. Like a bank, they expect the amount of cash would bring trouble if they were not prepared. Unlike a bank, they don't dispense much cash (just petty change) so they don't even have to leave much in the drawers, which are emptied frequently and dropped into a safe nobody there can access. They have cash-h…
> you can imagine who works at them This is disgracefully elitist. White collar crime hurts more people.
Re: US drug control agency will move to reclassify marijuana
#417Earlier quoted context omitted.
That's not what he's describing. In this case there actually is no cash or traditional ATM involved on-site. It's connected to the dispensary POS, not a physical ATM. (They often have a regular ATM like you describe also, though.) So you do an ATM transaction, but the money goes to the dispensary somehow. I do not know how it works on the back end, but I've used it as a customer. It's lovely and can even be done over…
Oh interesting. Does it appear on your end as a cash advance when using a credit card?
Re: US drug control agency will move to reclassify marijuana
#418I did some AI-assisted research on this, and have come to the following tentative conclusions: 1. The re-scheduling will happen (90%), the administrative hurdles will be cleared. Only counterexample I could find was Kratom in 2016, which was the reverse of this situation, and the DEA dropped the proposal at the public comment stage. 2. Trump will not reverse it if elected (80%). He's been pro-states-rights on cannabi…
And what did the AI cite as sources for these conclusions?
Re: US drug control agency will move to reclassify marijuana
#419Re: US drug control agency will move to reclassify marijuana
#420Earlier quoted context omitted.
What bothers me is that all these things are only happening because it's an election year and the incumbent doesn't have great polling numbers.
Well, politicians doing what people want in order to get reelected is kinda the point of democracy.