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President Biden Made Promises of Pardons But Were They Nothing But Hot Air?

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There were promises of pardons but seems to be nothing but hot air!

 

The concept of political promises and their failure to deliver has been a recurring theme throughout history. From the Treaty of Versailles, which promised to end war but instead led to another global conflict, to the New Deal, which promised relief, recovery, and reform but did little to actually address the Great Depression, it’s clear that government promises are often empty and untenable.

 

This is not to say that all political promises are inherently false, but rather that the nature of government and politics often makes it difficult for such promises to be kept. In many cases, the needs and desires of the ruling class take precedence over the welfare of the people.

 

It’s time to recognize that political promises are a smoke screen, a way to pacify the masses and maintain the status quo. It’s time to question the very notion of government and consider alternative solutions, beyond the constraints and limitations of a government that consistently fails to deliver on its promises.

 

The reason I bring this up is because it’s been months now since Biden “Promised” clemency to the feeble few who were stuck with a “marijuana possession charge” in federal prison. He claimed that they will be pardoned, and published it in a fact sheet ahead of the  State of the Union Address as was Reported by Marijuana Moment:

 

The White House said in a factsheet that the president would “highlight progress” on criminal justice issues during the speech and included a section that directly discussed tackling the “failed approach to marijuana and crack cocaine.”

 

“The criminalization of marijuana possession has upended too many lives—for conduct that is now legal in many states,” the fact sheet on the administration’s Safer America Plan says. “While white, Black and brown people use marijuana at similar rates, Black and brown people are disproportionately in jail for it.”

 

Biden’s pardon proclamation, which affected several thousands of people who’ve committed federal cannabis possession offenses, “lifts barriers to housing, employment, and educational opportunities,” it continues.

SOURCE: MARIJUANA MOMENT

 

But has it though? I think Paul Armentano in “The Hill” article hits the nail on the head when it comes to criticisms of these claims.

 

Never before had a sitting president overtly acknowledged the failures of America’s nearly century-old experiment with cannabis prohibition — a policy that some two-thirds of Americans now say ought to be repealed and that nearly half of all U.S. states have done away with. And never before had a president promised to use the office’s pardon powers to provide legal relief to so many victims of that failed policy.

 

The move was truly historic; so much so that Biden’s Domestic Policy Council Director Susan Rice recently took to Twitter to hail the announcement as one of the administration’s crowning achievements of 2022.

 

Yet, despite this congratulatory brouhaha, there remains an inconvenient truth: None of the 6,557 Americans identified by the U.S. Sentencing Commission as being eligible for presidential pardons have received them.

 

Troublingly, some three months following Biden’s pronouncement, the Justice Department’s website specifies, “The Application for Certificate of Pardon for Simple Possession of Marijuana is not yet available.”

SOURCE: The Hill

While this doesn’t mean that “nobody” benefited from Biden’s declarations. After all, he is the President of the United States As a response to him making these claims – 24 States have begun doing some criminal justice reparations and reforms.

 

However, from a Federal standpoint, nothing has happened. They don’t even have a form you can fill out to request the pardon. And this is what I was talking about in the beginning of this article.

 

How many times have we been given “promises” on the election trail, only to be left with the check and the feeling of a violated anus a few months after voting? How many times have your “candidates” let you down?

 

Political promises are as empty as a tumbleweed in a desert, yet the people continue to vote for their elected officials despite being defrauded time and time again. What is it that makes folks keep voting for the same old song and dance? Let’s explore.

 

It’s a well-known fact that the majority of folks don’t have a clue about politics. They’re too busy surviving in this world to take notice of what’s going on in the halls of power. This leaves them vulnerable to being swayed by the slickest snake-oil salesperson in a suit and tie.

 

But it’s not just ignorance that’s keeping the masses in line. The notion of self-governance can be a frightening prospect for some folks, especially in a world where everything is controlled and ordered by a higher power. It’s easier to play along and go along to get along, even if it means being oppressed and manipulated by the ruling class.

 

And then there’s the issue of limited choices. People feel like they’re stuck between a rock and a hard place, with no real options. They’re left with the belief that their vote won’t make much of a difference anyway, so why bother?

 

At least this is the general sentiment even though it seems that the whole world has some sort of “political opinion”. The fact of the matter is that the majority of the people are executing their political ideology on autopilot. They echo the soundbites of their favorite candidates and believe that they share the same value.

 

 

Why do politicians not give two hoots about the voters? It’s simple, really. We’re the product, and the giant corporations are the buyers. The politicians are merely salesmen, selling us to the highest bidder.

 

In this game of politics, the politicians are the pawns and the corporations are the puppet masters, pulling the strings behind the scenes. The politicians are there to do the bidding of their corporate overlords, to keep the masses pacified, and to maintain the status quo.

 

It’s a vicious cycle, one where the politicians are bought and paid for, and the voters are left out in the cold. The politicians don’t care about the voters because they have no reason to. They have their marching orders, and their only job is to carry them out.

 

The sad truth is that the political system is rigged, and the politicians are nothing more than well-dressed puppets, dancing to the tune of their corporate masters. The needs and desires of the ruling class take precedence over the welfare of the people, and the politicians are there to ensure that it stays that way.

 

This is why Biden made such a big deal, and the entire mainstream news media machine came simultaneously at his beckoning. But I knew, nothing was going to change. Rather, this is the same “bread and circus” tactics the Romans used when the people started getting annoyed at the ruling class riding their asses for too long.

 

Eventually, the pot pardons will be completed. However, don’t think for a moment that this is a priority. This was merely a pacifier for the masses.

 

It’s time to wake up and smell the coffee, folks. The politicians don’t care about us because they don’t have to. We’re nothing more than a commodity to be bought and sold, and the corporations are the ones calling the shots.

 

And while I know that you’re feeling quite low after that Truth Bomb, let me tell you how you escape this dismal fate.

 

It’s time to Ascend to a new paradigm…we’ve got the tech!

 

It’s easy to feel like you’re just a tiny cog in a massive machine, with no real say in what’s going on. But the truth is, you’re not just a cog. You’re the one turning the wheel, and you have the power to change the direction of the machine. The power lies in your hands, and it’s time to take control.

 

The individual holds all the power, it’s just a matter of realizing it. We’ve been told time and time again that our vote doesn’t matter, that the politicians do what they want anyway. But what we forget is that we hold the power of where to spend our money. The politicians do the bidding of the corporations, and the corporations are all about the bottom line. They want our money, and they’ll do whatever it takes to get it.

 

So, if you want to make a change in society, the best way to do it is to change the way you spend your money. Stop buying products from corporations that are notorious for their unethical practices, and start supporting companies that align with your values. The more people who do this, the more the corporations will be forced to change their ways, because they’ll be losing money.

 

An alternative economy is absolutely necessary to balance the powers, since government has been severely corrupted by the special interests of mega corporations. The alternative economy gives power back to the people, and allows them to make choices based on their values and beliefs. By choosing to spend your money in a way that supports the things you believe in, you’re supporting an economy that is truly of, by, and for the people.

 

The alternative economy is a space where people can trade goods and services with one another, without the interference of big corporations or government. It’s a place where the people can take control of their own economy, and create a society that truly reflects their values and beliefs. This is the key to true economic democracy, where the people are in charge, not the corporations or the government.

 

In this new economy, people are free to trade what they have with one another, without having to worry about the middle man. They can buy and sell goods and services directly, and the profits stay in the community, instead of being siphoned off by corporations. This is a model that has worked for centuries, and it’s time to bring it back.

 

The bottom line is, the individual holds all the power, and it’s time to start using it. We have the power to create an economy that truly reflects our values and beliefs, and it’s time to start doing it. By choosing where to spend our money, we have the power to change the world, and create a better future for ourselves and our children. With the rise of AI, we could be looking at a new way of doing things, a way for the “little guy” to compete with the Mega Monster Corps….but it take you and me and how we spend our money to make that happen.

 

PRESIDENT BIDEN ON WEED PARDONS, READ ON…

PRESIDENT BIDEN PARDONS ON WEED

IS BIDEN A TROJAN HORSE FOR CANNABIS WITH PROMISES OF PARDONS?

 



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What is Cannabis Poisoning? – CNN Makes Up a New Reefer Madness Term

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What is Cannabis Poisoning? – CNN Makes Up a New Reefer Madness Term No One Ever Heard of Before!

 

What is a poison? According to Dictionary.com:

a substance that is capable of causing the illness or death of a living organism when introduced or absorbed.

“he killed himself with poison”.

 

The Mayo Clinic defines poisoning as:

Poisoning is injury or death due to swallowing, inhaling, touching or injecting various drugs, chemicals, venoms or gases. Many substances — such as drugs and carbon monoxide — are poisonous only in higher concentrations or dosages. And others — such as cleaners — are dangerous only if ingested. Children are particularly sensitive to even small amounts of certain drugs and chemicals.

 

CNN recently upped their anti-pot rhetoric by claiming a new term, “cannabis poisoning”, have tripled in older adults, in this case, in Canada.

 

Since no one has ever died from cannabis, as in an overdose or ingesting too much, CNN must be referring to the “injury” part of the poisoning definition that the Mayo Clinic describes.

 

What injuries has cannabis caused in the human body to be classified as poisoning.  Greening Out, a common term for ingesting too much THC that leads to paranoia, possible hallucinating, and a great night sleep, is as far a stretch from “poisoning” as the cannabis industry gets. Yes, people using cannabis can do acts under the aspis of being “high”, walking into walls, falling down stairs, etc. that can cause injury, but that would be injuries under the influence, not poisoning injuries.

 

CHS, or cannabinoid hyperemesis syndrome, is a longer-term reaction that a small percentage of habitual cannabis users can develop when their bodies have large amounts of THC in their liver and kidneys to flush. Usually taking a 10-day break, or up to a month, can solve most CHS issues.

 

These would be considered a toxicity problem, not a poison problem.

 

CNN, notoriously famous for anti-cannabis, clickbait headlines and brash statements about the “dangers” of cannabis, hit a new low with creating a new term, “cannabis poisoning”. It is a misleading term medically to say the least, let alone the implication that a serious poisoning of weed could lead to death or serious injury.  Neither of which has ever happened in 5,000 years of humans using the cannabis plant.

 

REEFER MADNESS IS ALIVE AND WELL AT CNN, READ ON…

CNN ANTI MARIJUANA REEFER MADNESS

FACT CHECKING CNN’S CLAIM ABOUT 90% THC LEVELS IN WEED!



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The 3 Biggest Winners from Rescheduling Cannabis?

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President Joe Biden’s support of the administration’s decision to reschedule cannabis from Schedule I to Schedule III is likely to result in considerable financial benefits for large, legal cannabis businesses and the illicit market. This action may lessen the restrictions imposed by IRS tax regulation 280E, which has banned cannabis businesses from deducting standard business expenditures. Which cannabis firms will gain the most from this change?

 

The illicit market will get a huge boost by removing the punshiments associated with getting caught dealing or transporting a Schedule 1 drug.  Now that the fines, prison sentences, and desire to enforce Schedule 3 crimes is lessened, look for the illicit market to boom across America.  It is estimated that the illegal cannabis market is 3x the size of the legal US market as of 2024, so look for that multiple to expand if Schedule 3 is enacted.  Removing a negative incentive in economics always leads to predictable action.

 

In the legal market, the largest MSOS, or those that paid the most taxes, have the most to gain by a repeal of the 280E tax code and future tax credit or refunds coming their way

 

Industry Leaders in Tax Payments

 

Rescheduling cannabis will abolish the onerous 280E tax law, potentially freeing up more than a billion dollars in tax savings for the business. Curaleaf (OTC: CURLF) and Trulieve (OTC: TCNNF), both of which make considerable tax payments, are among the firms most likely to profit. Repealing 280E limits would allow these businesses to deduct typical business costs, greatly improving their financial situation.

Truelive alone stands to get $113,000,000 in tax refunds and savings!

Senior analyst Pablo Zuanic of Zuanic & Associates believes that these tax reductions may result in improved cash flows, allowing these businesses to reinvest in development and growth. In the quickly changing cannabis market, having this kind of financial flexibility is essential for keeping a competitive advantage and encouraging creativity.

 

Zuanic has consistently highlighted the disparity between current market valuations and the potential upside, particularly if federal legalization occurs. He emphasizes that immediate cash flow improvements could lead to substantial revaluation of these companies. By enabling the deduction of ordinary business expenses, the financial statements of these companies would more accurately reflect their true profitability, attracting more investors and boosting market confidence.

 

The potential tax savings are a temporary relief and a game-changer for the industry. Analysts believe that the improved cash flow could result in substantial revaluations of cannabis companies. For Curaleaf and Trulieve, this change would mean their financial statements would better represent their actual profitability, leading to increased investments and further expansion opportunities.

 

Curaleaf’s Financial Outlook

 

Beacon Securities’ Russell Stanley sheds light on Curaleaf’s financial landscape, highlighting the company’s adept management of operating cash flow. This proficiency facilitated a successful debt repurchase post-quarter, significantly enhancing its financial stability. With the anticipated rescheduling of cannabis and the potential enactment of the SAFER Banking Act, Curaleaf stands to benefit from a transformed financial environment, potentially witnessing a substantial surge in its operating cash flow by up to 92% and free cash flow by 188%.

 

Wedbush Securities recently released a report on Curaleaf, elevating the stock’s 12-month price target from $6.00 to $7.00 while maintaining a buy recommendation. The report underscores Curaleaf’s commendable performance in key domestic markets like Connecticut, Arizona, Maryland, and New York. Projections indicate a revenue uptick to $1.50 billion by 2025, coupled with improvements in overall profitability. This optimistic forecast reflects the company’s robust financial position and its strategic market presence.

 

Proactive debt management techniques and well-thought-out market positioning highlight Curaleaf’s potential for long-term development and financial success in the changing cannabis industry. Curaleaf is in a strong position to benefit from the rescheduling of banking and cannabis legislation, which may lower regulatory obstacles and further establish the company’s leadership in the cannabis market.

 

Unlocking Trulieve’s Growth Potential

 

Trulieve’s Growth Trajectory

 

Trulieve’s growth trajectory is drawing attention, particularly from Needham’s Matt McGinley, who emphasizes the company’s operational efficiency. McGinley points out that Trulieve has achieved its highest gross margin and EBITDA rates observed in over two years, indicating strong operational performance. This efficiency positions Trulieve favorably for capitalizing on emerging opportunities in the cannabis market.

 

Key legislative advancements in pivotal markets such as Florida and Pennsylvania present significant growth potential for Trulieve. As these markets potentially transition to adult-use cannabis, Trulieve stands to benefit from increased demand and expanded market reach. Leveraging its operational efficiency and established market presence, Trulieve is poised to capitalize on these legislative shifts to drive revenue growth and enhance shareholder value.

 

Trulieve is positioned to be a major participant in the growth of the cannabis sector due to its strategic focus on operational excellence and its flexibility in responding to changing regulatory environments. Trulieve is in an excellent position to maintain its growth trajectory and establish itself as a top cannabis supplier, thanks to encouraging legislative changes and a proven track record of high performance.

 

Analysts’ Industry Impact Assessment

 

Viridian Capital Advisors offers insights into the industry impact, noting that ten MSOs exceeded EBITDA estimates by $37 million in the first quarter of 2024. This performance suggests that initial projections may have been conservative, indicating a positive trend for cannabis companies. Analysts from Viridian specifically highlight Curaleaf and Trulieve, among others, as poised to benefit from the financial changes resulting from the removal of 280E tax restrictions.

 

The long-term outlook for the cannabis industry remains bullish, with potential federal legalization driving substantial valuation growth. Pablo Zuanic from Zuanic & Associates suggests that the US market alone could justify over $110 billion in valuations by 2030 assuming federal legalization. The removal of tax restrictions would directly impact bottom lines, potentially leading to significant valuation increases for many cannabis stocks.

 

All things considered, the possible repeal of the 280E tax laws offers cannabis businesses a big chance to improve their financial standing and market value. As analysts speculate that early projections may have overestimated the sector’s potential, businesses like Curaleaf and Trulieve might gain from more cash flow and better profitability, setting them up for long-term success in the changing cannabis market environment.

 

Bottom Line

 

The impending rescheduling of cannabis and the potential repeal of IRS tax regulation 280E offer a substantial opportunity for cannabis companies to strengthen their financial positions and market appeal. Industry leaders such as Curaleaf and Trulieve stand to benefit significantly, with projected increases in cash flow and profitability paving the way for sustained growth. Analysts anticipate a positive market response, with potential valuation growth and a bullish outlook for the long-term trajectory of the cannabis industry. These regulatory changes mark a pivotal moment, allowing businesses to capitalize on newfound financial flexibility and attract investor confidence. As the sector continues to evolve, Curaleaf, Trulieve, and other key players are positioned to thrive, driving innovation and shaping the future of the cannabis market.

 

WINNERS AND LOSERS FROM SCHEDULE 3, READ ON…

WINNERS FROM SCHEDULE 3 MARIJUANA

WINNERS AND LOSERS FROM SCHEDULE 3 CANNABIS, BET ON THIS!



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How Potent is Illegal Weed

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The average THC potency of illegal weed is only 16%, same as legal cannabis says DEA?

In the ever-changing landscape of cannabis, a striking revelation has come from the U.S. Drug Enforcement Administration (DEA). A recent statement established that the average potency of illicit marijuana flower stands at a industry standard of 16%. Understanding the implications of such a percentage requires a deeper dive into the realm of cannabinoids, particularly THC (tetrahydrocannabinol).

 

 The Evolution of THC Potency

THC is the main psychoactive compound in marijuana, responsible for the “high” that users experience. The potency of marijuana, measured by its THC content, has dramatically increased over the past few decades. To understand the context:

 

  • 1980s:The average THC content of seized marijuana was below 4%.

  • 1990s: This figure began to climb, reaching around 5-6%.

  • 2000s: Potency continued to increase, hitting approximately 10-12%.

  • 2020s: Current reports indicate an average of 16%, with some samples even exceeding 30%.

 

This increase is primarily due to advanced cultivation techniques, genetic selection, and the growing demand for stronger marijuana.

 

Factors Contributing to Increased THC Potency

Several factors have contributed to the rising THC levels in illicit marijuana:

 

  • Selective Breeding: Growers have increasingly focused on breeding strains with higher THC content to meet market demand.

  • Advanced Cultivation Techniques: Techniques such as hydroponics, controlled environments, and optimized nutrient delivery have enabled the production of more potent marijuana.

  • Genetic Modification: Some strains have been genetically modified to enhance THC production.

 

Public Health Implications

 

The rise in THC potency has several significant public health implications:

  • Increased Risk of Negative Effects

  • Heightened Anxiety and Paranoia: Elevated THC levels can induce intense anxiety and paranoia, especially in inexperienced users or individuals with existing mental health issues.

  • Acute Psychosis: The likelihood of encountering psychotic episodes rises significantly with higher doses of THC.

  • Cognitive Decline: Prolonged use of marijuana with high THC content can result in enduring cognitive impairments, particularly impacting memory and learning abilities.

 

 

  • Adolescents: Young users are more susceptible to the negative effects of high-THC marijuana, including impacts on brain development.

  • Individuals with Mental Health Issues: Those with pre-existing mental health conditions may experience exacerbated symptoms.

 

  Regulatory and Law Enforcement Challenges

The DEA’s report underscores significant obstacles faced by law enforcement and regulatory agencies:

  • Persistent Black Market: Despite legalization in several states, the black market for marijuana persists, often offering more potent products than those available in legal dispensaries.

  • Ensuring Consumer Safety: The unregulated nature of black market products results in unpredictable potency and potential contamination with harmful substances.

 

To address these issues, regulatory bodies need to:

 

  • Implement Stricter Controls: Introduce more stringent regulations for marijuana potency in both legal and illegal markets.

  • Increase Monitoring and Enforcement: Enhance efforts to monitor and dismantle illegal growing operations.

  • Educating Consumers: Consumer education is crucial in mitigating the risks associated with high-THC marijuana

  • Public Awareness Campaigns: Launch campaigns to inform the public about the potential dangers of high-THC marijuana.

  • Educational Programs: Develop programs targeted at specific groups, such as adolescents, to educate them about the risks.

 

Key points to emphasize in these programs include:

 

  • Understanding THC Levels: Educate consumers on how to read and understand THC levels on product labels.

  • Recognizing Symptoms of Overconsumption: Teach users how to recognize signs of overconsumption and what to do if they experience adverse effects.

  • Safe Consumption Practices: Promote safe consumption practices, including starting with low doses and waiting to see the effects before consuming more.

 Future Trends and Research

Ongoing research and monitoring are essential to adapt to the evolving marijuana market:

  • Long-term Health Effects: Conduct studies to understand the long-term health effects of high-THC marijuana use.

  • Impact on Mental Health: Investigate the relationship between high-THC marijuana use and mental health conditions.

  • Comparative Studies: Compare the effects of high-THC marijuana with other forms, such as CBD-dominant strains, to provide a comprehensive understanding of marijuana’s impact.

Potential Solutions and Innovations

To address the challenges posed by high-THC marijuana, several solutions and innovations can be explored:

  • Development of Low-THC Strains: Encourage the development and use of low-THC, high-CBD strains that provide therapeutic benefits without strong psychoactive effects.

  • Improved Testing Methods: Invest in better testing methods to accurately measure THC content and detect contaminants.

  • Policy Reform: Advocate for policy reforms that support research and responsible use, including:

  • Incentives for Low-THC Products: Provide incentives for the production and sale of low-THC products.

  • Support for Medical Marijuana Research: Increase funding and support for research into the medical uses of marijuana.

Industrial and Economic Implications

The rise in THC potency also has significant industrial and economic implications:

 

The marijuana industry has become a significant economic driver in states where it is legal, contributing to tax revenues and job creation.

However, the black market remains a substantial challenge:

  • Revenue Losses: Illegal sales undermine tax revenues that could be used for public health and safety programs.

  • Market Competition: Legal businesses face unfair competition from black market operators who do not adhere to regulatory standards.

Engaging Stakeholders and Community

A critical aspect of addressing the challenges associated with high-THC marijuana is engaging with and gaining the support of local communities, policymakers, and industry leaders. The Ohio company has launched outreach programs to educate stakeholders about the benefits of bioplastics and the specific advantages of using hemp as a raw material.

Community involvement is crucial, especially in providing local farmers with the tools and knowledge needed to transition to hemp cultivation. Through:

 

  • Training Sessions

  • Pilot Programs

The company aims to build a robust local supply chain that can sustainably support large-scale bioplastic production.

 Conclusion

In conclusion, the DEA’s report on the average THC potency of illicit marijuana flower reaching 16% highlights the significant changes in the marijuana landscape over recent decades. This increase poses new challenges for public health, regulation, and consumer safety. Addressing these challenges requires a multi-faceted approach involving education, regulatory reforms, technological advancements, and community engagement. By fostering a comprehensive understanding of the risks and benefits associated with high-THC marijuana, stakeholders can work together to ensure that the benefits of marijuana legalization are maximized while minimizing potential harms. This approach promises a healthier, safer future for all users and communities involved.

 

IS WEED REALLY GETTING STRONGER, READ ON…

IS WEED GETTING STRONGER

IS MARIJUANA REALLY GETTING STRONGER AND MORE POTENT?



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