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Marijuana news from around the world

Nancy Pelosi

Banking for marijuana companies included in Congress’ new $3 trillion coronavirus stimulus bill

Cannabis industry advocates applauded House Democrats on Tuesday after a new $3 trillion federal stimulus bill included provisions to allow marijuana businesses access to banking.

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World Renown Economists become newest Marijuana Advocates


A generation of Americans have grown tired of watching taxpayer dollars being diverted toward fighting a plant, when Americans are sick, in debt, and can use a new approach to governing.  A generation of Latin Americans have grown tired of witnessing violence, being controlled by a growing Cartel, and policies of the United States that have only increased the problems.  No dollar value can be put on the lives of those lost or impacted during the failed 40 year war on drugs.

There are many areas where a dollar value on outdated marijuana laws can be assessed.  Three hundred of the world’s leading economists have signed a petition that urges President Barack Obama and Congress to consider marijuana legalization.  The petition cites Harvard economist Jeffrey Miron’s recent letter which describes the possibility of tens of billions being saved and generated if marijuana were properly regulated.  The article and the economists are also concerned with how many lives have been ruined because of incarceration linked to marijuana charges.

It is interesting to see that the conversation has changed and commenting on marijuana reform is no longer a political death sentence.  Even Nancy Pelosi was willing to address the issue last week as she expressed concern over medical marijuana raids.  Even if our elected officials are trying to run from it, marijuana is becoming a tremendous political issue.  Similar to prohibition, if politicians keep running from addressing the issue head on, it will only avalanche into an uncontrollable situation.  Now the old page of talking points will not properly satisfy a new generation where statements can be watched over and over again on youtube.  There are no issues to run from and there are no offhanded comments any longer.

This country is full of pundits who fight about which economic recovery plan will work the best.  Of course, in an election year that conversation has degenerated into inaudible arguments taking up the same talking points.  All we hear is a few arguments from Democrats on corporate tax rates and tax rates for the wealthy while Republicans respond by saying raising any of these will slow job growth.  These decades old arguments can truly use a new perspective, and marijuana legalization will not cost anything, in fact it will save billions while simultaneously generating billions.  Are we to believe the politicians talking into the camera, or the world renown economists who are experts on how to fix America’s financial problems?

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