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Congress quietly ends federal government's ban on medical mar1juana

Discussion in 'BBS Hangout' started by K-Low_4_Prez, Dec 17, 2014.

  1. K-Low_4_Prez

    K-Low_4_Prez Member

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    http://www.latimes.com/nation/la-na-medical-pot-20141216-story.html

     
  2. percicles

    percicles Contributing Member

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  3. SamFisher

    SamFisher Contributing Member

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    ^ DC is going to decriminalize mar1juana anyway; Congressional Republicans can only block DC city initiatives if they require federal funds. There's not really anything about decriminalization that requires federal funding (in fact it probably saves money)
     
  4. GanjaRocket

    GanjaRocket Member

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    Texas will be green before we know it
     
  5. Harrisment

    Harrisment Member

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    We need at least to get medical use approved. Unfortunately I think we will be the last state to do it.
     
  6. PhiSlammaJamma

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    Are Texans now preparing their smokers for BBQ mar1juana?
     
  7. heypartner

    heypartner Contributing Member

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    I disagree (out of optimism). The one thing different about Texas vs other states like Utah is that Texas is about ready to see Colorado's financial growth from this new "industry." Texas will see that money and want it too.

    The original thought was mar1juana legalization will only affect tax revenue from the legal sell of it. Turns out, the industry is much larger than that.

    Energy (new patented special lights)
    Labs (testing and rating, some of it required by the FDA)
    Security (these cultivators now can buy legal security)

    and the big one

    Banks that are completely removed from the FDIC regulations.
     
  8. GanjaRocket

    GanjaRocket Member

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    Texas will love the revenue.. startups would love Austin even more.

    Maybe new cultures will develop and along with that more new niches and industries
     
  9. Severe Rockets Fan

    Severe Rockets Fan Takin it one stage at a time...

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    Holy **** that's awesome news! Thanks Obama! :grin:
     
  10. MoonDogg

    MoonDogg Member

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  11. Junkyard_Dog

    Junkyard_Dog Member

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    If they could at least get a ballot going to decriminalize it(at least having less then an ounce for a start anyway) I think people would vote for that. Save tax payer money right there
     
  12. mr. 13 in 33

    mr. 13 in 33 Member

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  13. Turbo

    Turbo Contributing Member

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    Glory be... The funk's on me!
     
  14. Torn n Frayed

    Torn n Frayed Member

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    Got that Pax Vape otw...:cool:
     
  15. Blake

    Blake Contributing Member

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    They also passed legislation to allow banks to handle derivatives in holding companies that are FDIC backstopped.

    Hooray for letting banks gamble with trillions of dollars they don't have and formally allowing the taxpayers to backstop it!
     
  16. jayhow92

    jayhow92 Member

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    So what does this mean for stocks in mar1juana?
     

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