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Onlinekoods
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Biden pardons all federal cannabis possession convictions * 4
    #27984680 - 10/06/22 01:32 PM (1 year, 7 months ago)

Just announced

https://amp.cnn.com/cnn/2022/10/06/politics/marijuana-decriminalization-white-house-joe-biden/index.html

Quote:

President Joe Biden is taking his first major steps toward decriminalizing marijuana, fulfilling a campaign pledge to erase prior federal possession convictions and beginning the process of loosening federal classification of the drug.

Biden on Thursday will pardon all prior federal offenses of simple marijuana possession, a move that senior administration officials said would affect thousands of Americans.




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OfflineKryptos
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Re: Biden pardons all federal cannabis possession convictions [Re: koods]
    #27984851 - 10/06/22 03:17 PM (1 year, 7 months ago)

This is gonna be fun!

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InvisibleAsante
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Re: Biden pardons all federal cannabis possession convictions [Re: Kryptos]
    #27984856 - 10/06/22 03:25 PM (1 year, 7 months ago)

THAT IS AMAZING :awecid:





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OfflineBrian Jones
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Re: Biden pardons all federal cannabis possession convictions [Re: Asante]
    #27985810 - 10/07/22 04:16 AM (1 year, 7 months ago)

I think I missed the opportunity, but weed stocks just shot up.

A couple years ago I bought Canopy Company (Canadian weed company). It had been as high as $50, and was down to $15, but the analysts liked it because they were sitting on a bunch of cash. So I bought about 2K. It went sideways for 6 months, and then jumped when Biden got elected. Then when those two Dems  won that special Senate election in Georgia, it went up again. I figured that would be the last boost for a while and got out with a 1K gain.


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Offlinechristopera
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Re: Biden pardons all federal cannabis possession convictions [Re: Brian Jones]
    #27985832 - 10/07/22 05:00 AM (1 year, 7 months ago)

Pretty good run on that one though. Especially if you turn it over into something else that gains. I managed to make a few grand on the GME wave before I bailed. Now it's like $25, I bought in at $150 and sold at over $200. Of course I lost my ass on Roblox, I finally bought in at $62 which I thought was a good price but it's been sitting in the mid to high $30's. I am just going to ride that one out.

I think weed stocks are going to tank pretty heavy once legalization is more widespread. I just don't see them long term being able to sell at high profit margins. When I visited Chicago we took Amtrak. No security, no police, we had a room so we didn't have to check bags. We walked from Union Station to the hotel. The drive from our station to home is like 3 miles. So we went to Sunnyside in River North and bought as much as we could to bring back. Anyways, it was amazing because everything was half the price that is was here in PA, and my wife uses Sunnyside here too. I don't know if increased access due to being recreational makes up for the half priced product, but in PA they hand out medical cards like they are candy anyways. I just don't see theses stocks hanging on as prices are forced to fall.


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OfflineSirTripAlot
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Re: Biden pardons all federal cannabis possession convictions [Re: christopera] * 1
    #27985863 - 10/07/22 05:41 AM (1 year, 7 months ago)

Its been legal in MI for quite sometime, they also let every household grow up to 12 plants. Whomever drafted the legislation had no idea just how much weed that can be. I don't smoke it but definetly grow it as a cash crop of sorts, this year's harvest will be close to 14 pounds, dry, I am not an expert grower by any stretch.

They also put no limits on the licenses to grow at a higher scale and licenses for businesses. What the above and this has done......there is to much weed in MI. Last year, an ounce of premo would set you back $300. Now it's under $100. There is so much weed in MI, the prices have fallen in dramatic proportion.


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“I must not fear.
Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear. I will permit it to pass over me and through me.
And when it has gone past I will turn the inner eye to see its path.
Where the fear has gone there will be nothing. Only I will remain.”

Edited by SirTripAlot (10/07/22 05:49 AM)

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InvisibleYeatster
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Re: Biden pardons all federal cannabis possession convictions [Re: SirTripAlot]
    #27985909 - 10/07/22 06:38 AM (1 year, 7 months ago)

The government is gonna ruin weed

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OfflineKryptos
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Re: Biden pardons all federal cannabis possession convictions [Re: SirTripAlot]
    #27985981 - 10/07/22 07:55 AM (1 year, 7 months ago)

Quote:

SirTripAlot said:
Its been legal in MI for quite sometime, they also let every household grow up to 12 plants. Whomever drafted the legislation had no idea just how much weed that can be. I don't smoke it but definetly grow it as a cash crop of sorts, this year's harvest will be close to 14 pounds, dry, I am not an expert grower by any stretch.

They also put no limits on the licenses to grow at a higher scale and licenses for businesses. What the above and this has done......there is to much weed in MI. Last year, an ounce of premo would set you back $300. Now it's under $100. There is so much weed in MI, the prices have fallen in dramatic proportion.




Heh, I was up there a few months back for a conference. Definitely nice to walk into a dispensary and pay less than I pay my weed guy back home.

Perhaps I could help ya out with some of that dry weight?

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InvisibleEnlilMDiscord
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Re: Biden pardons all federal cannabis possession convictions [Re: Yeatster]
    #27985992 - 10/07/22 08:06 AM (1 year, 7 months ago)

Quote:

Yeatster said:
The government is gonna ruin weed



meh, weed is the worst drug out there


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OfflineThe Ecstatic
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Registered: 11/11/09
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Re: Biden pardons all federal cannabis possession convictions [Re: koods]
    #27986026 - 10/07/22 08:35 AM (1 year, 7 months ago)

Funny how Brandon starts seeing the inherent racism of the drug war as soon as he becomes “dark.” Curious.



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InvisibleEnlilMDiscord
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Re: Biden pardons all federal cannabis possession convictions [Re: The Ecstatic]
    #27986030 - 10/07/22 08:38 AM (1 year, 7 months ago)

Who is Brandon?


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OfflineSirTripAlot
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Re: Biden pardons all federal cannabis possession convictions [Re: Enlil]
    #27986281 - 10/07/22 11:39 AM (1 year, 7 months ago)

Quote:

Enlil said:
Quote:

Yeatster said:
The government is gonna ruin weed



meh, weed is the worst drug out there




Alcohol in my book.


--------------------
“I must not fear.
Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear. I will permit it to pass over me and through me.
And when it has gone past I will turn the inner eye to see its path.
Where the fear has gone there will be nothing. Only I will remain.”

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OfflinePsilynut2
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Registered: 04/28/17
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Re: Biden pardons all federal cannabis possession convictions [Re: SirTripAlot]
    #27986313 - 10/07/22 12:04 PM (1 year, 7 months ago)

If you don't think Datura is the worst , you haven't experimented enough .


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Offline336
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Registered: 09/01/22
Posts: 3,174
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Re: Biden pardons all federal cannabis possession convictions [Re: koods]
    #27986468 - 10/07/22 01:52 PM (1 year, 7 months ago)

What do they qualify as 'possession'? What about those who got arrested under suspicion of distribution for having large quantities?


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Offlinecroyleje
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Registered: 08/22/22
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Re: Biden pardons all federal cannabis possession convictions [Re: koods] * 3
    #27986497 - 10/07/22 02:14 PM (1 year, 7 months ago)

The funniest thing about this is there is no one in federal jail for simple possession, possession is almost exclusively charged at the state level.  Having your federal possession charges dropped off your record is great but the distribution and trafficking you where originally busted for will still be there. 

Possession is like the seat belt ticket of the drug war, it's an add on charge.


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https://www.fsf.org/

Edited by croyleje (10/07/22 02:28 PM)

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Offline336
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Re: Biden pardons all federal cannabis possession convictions [Re: koods]
    #27986498 - 10/07/22 02:15 PM (1 year, 7 months ago)

that's what i was thinking lol


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InvisibleEnlilMDiscord
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Re: Biden pardons all federal cannabis possession convictions [Re: 336]
    #27986537 - 10/07/22 02:41 PM (1 year, 7 months ago)

Quote:

336 said:
What do they qualify as 'possession'? What about those who got arrested under suspicion of distribution for having large quantities?



Doesn't matter what they were arrested for.  All that matters is the conviction.


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Offline336
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Registered: 09/01/22
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Re: Biden pardons all federal cannabis possession convictions [Re: koods]
    #27986554 - 10/07/22 03:00 PM (1 year, 7 months ago)

That's what I meant.


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"Love is seeing the unity under the imaginary diversity."

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Offline4-HO-Gumbo
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Re: Biden pardons all federal cannabis possession convictions [Re: 336]
    #28019644 - 10/27/22 03:33 PM (1 year, 6 months ago)

Purely optics.
How many people get charged FEDERALLY for simple possession?
They are pled down from more serious charges and still don’t amount to anything.
Let me know when they do something more than an optics play before the midterms lmao


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Offline4-HO-Gumbo
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Re: Biden pardons all federal cannabis possession convictions [Re: Enlil]
    #28019649 - 10/27/22 03:34 PM (1 year, 6 months ago)

Yeah, who cares if they were working with organized crime, it’s just weed right?


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