marijuana legalization

Last Thursday, a new bill was introduced that would effectively end the federal prohibition on medical cannabis. While I was certainly happy to see this bipartisan effort created, I was also reminded of how frustrating it is that such a bill needs to be introduced in the first place. As an unapologetic capitalist, I believe one of the greatest forces for good is the free market. When an industry has as much economic swagger as cannabis, it becomes difficult for anyone to shut it down. And this is one of the reasons I invest in the cannabis industry.

Instead of eliminating existing laws that outlaw the cultivation and sale of marijuana, the places that are taking bold steps to legalize marijuana are generally capping the number of retail establishments and putting a government board in charge of doling out the lucrative licenses to run them.

Daniel Louis Crumpton joins me today to talk about his work with the non-profit CannaSense. Daniel explains how CannaSense provides medical grade cannabis and related products to anyone in need through out the 50 states. We talk about the legal framework that CannaSense uses in order to provide the medicine. Daniel breaks down what they call the trifecta (Compassionate Use act, Affordable Care Act, and the Article 4 Section 1 of the Constitution) which sets up a legal framework to prescribe cannabis and distribute it no matter where you happen to live.

The marijuana legalization movement is growing stronger but states that are “liberalizing” their marijuana laws are not actually repealing the laws that make cannabis illegal. Instead, they are creating a complex regime of control.

Atlanta’s city council is contemplating making a smart move by decriminalizing marijuana possession within city limits. Right now 92% of Atlanta marijuana arrests come from the black community.

(ANTIMEDIA) A day before notorious drug warrior Senator Jeff Sessions assumed the role of Attorney General in President Trump’s administration this week, another lawmaker introduced legislation to protect states’ rights on cannabis.
Republican Representative Dana Rohrabacher of Orange County, California, submitted a bill on Tuesday with the express purpose of amending the Controlled Substance Act to remove legal punishments for the production, distribution, and use of cannabis when individuals are acting within the laws of their own states.

Are cops starting to jump on the legalization bandwagon?

4,200 free joints will be given out on inauguration day.

On today’s episode I lay out my predictions for 2017. In the first hour I look at geopolitics and the places I think will be important in 2017. I begin by focusing on a possible resolution in Syria and how this may play out for the future. I also talk about a few other hot-spots in the middle east to pay attention to: Israel and Yemen. I discuss why these are both important for the future of the region and on a global scale. I also explore Asia, focusing on China and North Korea.

2016 wasn't all bad.