ONE TOKE OVER THE LINE SKIN

It would probably take a fleet of Brinks and Loomis armored cars just to make each quarterly tax deposits not to mention the crooks who will try to steal the cash? A Schedule One Narcotic Is Now Healthier Than LiquorĪlso, it is now suggested by cannabis proponents that lifetime use of cannabis is healthier than alcohol. If you assume taxable income is 20% of revenues, and the combined federal, state and local rate is 30%, this means $1.2 Billion in tax revenues. For example, Arcview Research predicts that legal cannabis sales will more than double from $9.0 billion today, to more than $21.0 billion by 2021. Eventually, you will see the Feds get in line because the Federal Reserve System abhors a cash economy as a matter of monetary control, and it is hard to pay state and federal taxes in cash. States will continue to legalize cannabis because most of them are broke and need another dependable and growing source of revenue. Whether this becomes law soon is uncertain, but I bet tax revenues will prevail. However, by a rare bipartisan vote, the House Appropriations Committee voted to add a rider to legislation funding the Department of Justice through 2019 that would shield providers who complied with state laws. However, until last week, they all feared Jeff Sessions who had vowed to prosecute state banks or credit unions that violated federal law. A small number of state banks and credit unions have accepted cannabis industry deposits after strict adherence to a checklist of “know thy customer” procedures that inhibit money laundering. Unfortunately, the cannabis industry has the same problem Pablo Escobar had with his drug money – it is illegal for national banks to accept cannabis deposits because marijuana is still classified as a Schedule One narcotic, along with heroin and cocaine. Medical marijuana is legal in another 29 states. Nine states and Washington, DC, have legalized marijuana for recreational use - no doctor’s letter required - for adults 21 years of age and older. Right now, the cannabis industry is in its infancy. My prediction is that 48 states will have legalized cannabis in some form by 2021, and the federal government will legalize it soon thereafter. Cannabis will generate EBITDA margins and cash conversion percentages that make online sports gambling paltry by comparison. 6 and are still at large.While Bitcoin, Blockchain, Ether, Ripple and endless initial coin offerings dominate the imagination of retail investors, there is an equally appealing, and even more disruptive, agricultural product arriving soon from Amazon on your doorstep. The FBI is seeking more than 350 rioters who committed violent acts, including more than 250 who assaulted police officers on Jan. Capitol, roughly one-fourth of the total number of potential defendants believed to have committed chargeable crimes that day. The FBI has made more than 650 arrests in connection with the Jan.

ONE TOKE OVER THE LINE SKIN

The federal government has not yet said what sentence it will seek in the case, but other Capitol defendants who pleaded guilty to the same charge have received sentences ranging from probation to 60 days of incarceration in the case of a defendant who ― citing her white skin and blond hair ― tweeted that she was “ definitely not going to prison.” 5, just shy of the one-year anniversary of the Capitol attack. Gonzalez is scheduled to be sentenced on Jan. “Appreciating Defendant’s desire to broaden his horizons but finding the request one toke over the line, the Court hereby DENIES the motion.” He is awaiting sentencing subject to certain conditions of release, including that he not travel internationally,” Cooper wrote. While there, Gonzalez recorded himself smoking marijuana and sharing it with others. “Defendant Eduardo Nicolas Alvear Gonzalez has pled guilty to unlawfully parading inside the Capitol building on January 6, 2021. Cooper responded that he appreciated Gonzalez’s “desire to broaden his horizons,” he denied the request on Monday.

One toke over the line