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US drug control agency will move to reclassify marijuana

apnews.com

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Re: US drug control agency will move to reclassify marijuana

#421

Post by chimpanzee »

mattmaroon wrote: post #367
bobthepanda wrote: post #184

Earlier quoted context omitted.

there is still a lot of cash on site due to the presence of an ATM though, and in the cash registers. the primary problem is that weed shops are incredibly attractive robbery targets due to being one of the few businesses in 2024 that handle large amounts of cash.

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…

> Employee theft is a much bigger problem than robbery, because you can imagine who works at them

This is lazy thinking.

Any business dealing in cash and desirable inventory will have theft problems. In fact, the inventory doesn’t even have to be desirable. Consider office supply theft. It’s rampant; a cost of business to some degree. And part of the motivation is simply the righting of perceived wrongs.

Employees will always take from their employers, in every industry and at every class level. In industries where there are no “things” to take, the employees simply take back their time.

Re: US drug control agency will move to reclassify marijuana

#422

Post by plantwallshoe »

chucksta wrote: post #230
apengwin wrote: post #131

Earlier quoted context omitted.

It is a good thing for democratically accountable governments to do good things that the people want!

Tell that to all the people pissed off at Roe v Wade

The political group largely responsible for this has been consistently underperforming in nearly every election since it happened, so I’m not sure what point you’re driving at.

Re: US drug control agency will move to reclassify marijuana

#424

Post by themagician »

mustafa_pasi wrote: post #123

Feels like they were keeping this card in their sleeves for when they needed a popularity boost.

They absolutely were. Between 25% inflation, the student loan relief failure, two proxy wars and the current beating of college students across the country, the current administration would have been facing record low turnout in November.

I would be surprised if there is not some string attached to this that doesn't take place until after November. That's a good thing though, becuase it was seeming more and more like the current administration was sabotaging itself. The Democrats need the youth vote.

Re: US drug control agency will move to reclassify marijuana

#426

Post by callalex »

bawolff wrote: post #354
jkaplowitz wrote: post #307

Earlier 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.

It’s easier to pull this off when the number of states fits on one hand.

Re: US drug control agency will move to reclassify marijuana

#427

Post by phendrenad2 »

Reminder that Marijuana was made illegal 90 years ago due to pressure by a cartel of other drug peddlers (including opium and cocaine), and also a culture of pervasive racism that painted Marijuana as a trap that brown/black races had fallen into and must be outlawed for white people.

Whatever you think about the effects of Marijuana on yourself or society, it's clear that it should have never been outlawed in the first place, and wouldn't have been outlawed if not for the factors above.

It seems that the fentanyl crisis has finally defeated the archaic drug policy in the states, but not in the way you think. If alcohol and tobacco were outlawed in the US, it would immediately become impossible to buy them without risking getting a deadly dose of fentanyl. Legalization of marijuana, controlled legalization, is the only sane answer.

(And this is coming from someone who doesn't partake)

Re: US drug control agency will move to reclassify marijuana

#428

Post by callalex »

defiamazing wrote: post #202
mannyv wrote: post #56

One major effect of this is that weed stores will be able to use banks and payment processors legally once the regulators catch up.

I don’t get why they don’t just use Bitcoin or Ethereum.

Nobody wants to stand around for several minutes waiting for transactions to clear.

Re: US drug control agency will move to reclassify marijuana

#429

Post by neilv »

filoleg wrote: post #222
bobthepanda wrote: post #184

Earlier quoted context omitted.

there is still a lot of cash on site due to the presence of an ATM though, and in the cash registers. the primary problem is that weed shops are incredibly attractive robbery targets due to being one of the few businesses in 2024 that handle large amounts of cash.

Often enough, it isn’t an actual ATM. You pay at the counter like you usually would using a card or an NFC payment method (e.g., Apple Pay), but the payment reader processes it as an ATM withdrawal transaction (hence an extra transaction fee of a few dollars). There is no physical cash involved at any point in this (at least not on the dispensary premises).

Is the payment service operating in a regulatory gray area or loophole?

Re: US drug control agency will move to reclassify marijuana

#430

Post by buildsjets »

AnthonyMouse wrote: post #414
kstrauser wrote: post #241

Earlier quoted context omitted.

Mainly because your employees, suppliers, and landlord have no desire to be paid in Bitcoin.

What does that matter? You can convert Bitcoin into cash. But then you can do that in an undisclosed location at your leisure instead of keeping a mountain of cash in your publicly advertised storefront location and becoming a huge robbery target. 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/employe…

No sane person uses Bitcoin as a currency because it is a fundamentally unsound ponzi scheme for suckers. I don't want my salary to be subject to the vagaries and manipulations of the Bitcoin exchange rate.
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