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Videos / Re: The VHS Vault! | Check it out
« Last post by orthene on June 07, 2024, 01:04:30 PM »
I've "borrowed" ebooks on there. It's a pretty sprawling site; there's so much stuff there that it's probably a good idea to know what you're looking for or you might just be overwhelmed lol.

Edit: I burned one and landed on Disney Sing Along Songs Vol. 1. Enjoying it, but I have to go outside and get something done while weather permits.
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Few politicians dumb enough to turn down all the free tax money

That's why they should legalize prostitution & tax it
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https://www.startribune.com/gov-tim-walz-signs-cannabis-bill-allowing-for-cultivation-to-start-this-year/600369226/

Gov. Tim Walz signed a bill Friday that makes several changes to Minnesota's year-old recreational marijuana law, such as allowing commercial cultivators to start growing this year.

Minnesota will allow some commercial cultivators to start growing marijuana later this year to prepare for the launch of its retail market, and it will award cannabis business licenses through a vetted lottery instead of a merit-based application system that was previously in law.
Gov. Tim Walz signed a cannabis policy bill on Friday that makes several notable changes to the state's year-old recreational marijuana law.
The bill establishes a process for social equity applicants to be preapproved for cannabis business licenses this year while others must wait until 2025 to apply. Social equity applicants include people or family members of individuals who were previously convicted of marijuana offenses, military veterans, residents of high-poverty areas and "emerging farmers" who have provided the majority of labor and management for a small farm for at least three years.

Social equity applicants who are preapproved for a cannabis business license may start growing marijuana later this year to help the state build its supply chain, as long as they've also obtained local zoning approval and abide by Minnesota's existing medical cannabis cultivation rules. The state hasn't yet finalized recreational cannabis cultivation rules, which is why regulators are using the medical rules to govern growing in the meantime.
Those who start growing cannabis this year wouldn't be allowed to process or sell it until licenses are rolled out more broadly next year.
The state's Office of Cannabis Management will now use a "qualified lottery" to distribute cannabis business licenses next year. Applicants who meet minimum qualifications, such as securing property and developing operational plans, will be entered into the lottery with winners chosen at random.
The bill signed by Walz also sets caps on certain license types, such as retail dispensaries, in the market's first two years to avoid oversaturation. It allows cities to open municipal cannabis stores without going through the lottery process, lets doctors recommend cannabis for the treatment of any condition and allows registered medical cannabis patients to designate a caregiver who may grow up to eight cannabis plants on their behalf.
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Cannabis General / Daily cannabis use overtakes drinking in US first
« Last post by orthene on May 23, 2024, 01:33:43 PM »
https://www.bbc.com/news/articles/c9xxd8w57kjo

The number of Americans who smoke cannabis on a daily or near-daily basis now exceeds those who drink alcohol as often, a study has found.

The research, published in the journal Addiction, is based on data collected by the National Survey on Drug Use and Health over four decades.
In 2022, the survey recorded an estimated 17.7 million daily cannabis users, higher for the first time than the estimate of 14.7 million daily drinkers.
Alcohol still remains the more widely used substance of the two.
But the study found that, between 1992 and 2022, there was a 15-fold increase in the per capita rate of those who reported daily or near-daily use of cannabis.

Less than one million people said they used cannabis nearly every day in 1992, the lowest reported usage since the study began in 1979.
But the study also acknowledges that people may be more willing to report their own use as public opinion and legislation change in the US.
Recreational use of cannabis is allowed in 24 states and the District of Columbia, while 38 states have legalised its medicinal use.
The government has so far resisted calls to legalise or decriminalise the drug at the federal level.

However, in the most significant drug reform in more than half a century, the justice department moved earlier this month to reclassify cannabis from a Schedule I controlled substance on a par with heroin, to a Schedule III substance.

President Joe Biden said: "Far too many lives have been upended because of our failed approach to marijuana."

Studies have shown that common conceptions of cannabis as a "gateway" to other drugs is not backed up by evidence, and the majority of users do not go on to harder drugs.

But research shared by the National Institute on Drug Abuse suggests that high-frequency use can lead to addiction.
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I'm betting the dispensary would benefit from the tax break, but not "trickle down" so much for the end consumer or the employees. Maybe I'm a cynic.

On the other hand, if dispensaries could actually use banking services like any other biz, they would be less of a target for robbery.


Better for the economy if they keep all their security people

The cannabis shops in good locations are making so much money, they throw some away. Homeless are always bringing decent weed around here, that they find in the dumpsters behind the weed shops
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I'm betting the dispensary would benefit from the tax break, but not "trickle down" so much for the end consumer or the employees. Maybe I'm a cynic.

On the other hand, if dispensaries could actually use banking services like any other biz, they would be less of a target for robbery.
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“If they could have a 401(k) along with doing something that they love, I think they'll be so much better people,” he said.


Yep, 'if only I had my 401(k), I'd be a better person', is what nobody has ever said...
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https://www.bridgemi.com/michigan-government/michigan-cannabis-shops-could-make-more-money-when-weed-reclassified

Michigan marijuana shops could pocket more money as the U.S. Drug Enforcement Administration moves to reclassify marijuana as a less-dangerous drug. The change could exempt cannabis retailers from tax restrictions that eat into their profits. 

U.S. Attorney General Merrick Garland proposed Tuesday that marijuana be reclassified from Schedule I, a category that includes drugs like heroin, LSD and ecstasy, to Schedule III, the Associated Press reported. Schedule III drugs include ketamine, anabolic steroids and testosterone.

The DEA defines Schedule I drugs as those with no accepted medical use and a high potential for abuse. It defines Schedule III drugs as having little to no potential for physical and psychological abuse.

"Next, Congress needs to act to remove marijuana from the list of controlled substances altogether and create a federal regulatory framework that's more comparable to alcohol,” Aaron Smith, executive director of the National Cannabis Industry Association, told Bridge.

The DOJ’s recommendation is based on “the mountain of evidence that there is medical value to cannabis.” Smith said. “It might mean that more banks decide to take the risk of banking with cannabis (businesses) but it doesn't change the banking regulations.”

Although recreational use of marijuana is legal in Michigan, cannabis has not been legalized federally. Under Internal Revenue Code Section 280E, those who sell Schedule I and Schedule II controlled substances don’t qualify for deductions or tax credits. This tax code has a significant impact on the revenue of cannabis business owners.

“The biggest impact will be the removal of the 280E tax liability that our members currently face,” said Robin Schneider, executive director of the Michigan Cannabis Industry Association. “Some cannabis businesses are paying as much as 81 percent of their revenue in federal tax.”

Because cannabis is considered a Schedule I drug, business owners can’t write off regular business costs as they would be able to in other businesses, Schneider added.

Banks are also reluctant to work with those in the cannabis industry because marijuana is still illegal federally, making it harder for business owners to open bank accounts or apply for business loans. Banking fees for cannabis business owners also tend to be higher than for business owners in other industries.

Potential impact on hiring
“Reclassifying marijuana will essentially eliminate the tax code 280E which, from my standpoint, has made it very, very difficult to make money,” said Al Williams, owner of DaCut, a recreational marijuana dispensary in Detroit.

“If we were able to eliminate the 280E, which reduces the amount of money that I have to pay in taxes every single year, that will open up funds or dollars for me to be able to do other things,” he said. 

Williams employs over 100 people at his two dispensaries in Detroit and Flint and a processing center in Flint. He said if marijuana was reclassified, he would be able to train and hire more employees and security.

 “As a dispensary owner, I want to be able to advertise more. As a dispensary owner, I want to be able to do more community events.  As a dispensary owner, I want to support my neighborhood more, which in turn will be beneficial to our business as well,” Williams said.

The SAFER Banking Act, introduced by U.S. Sen. Jeff Merkley, D-Oregon, if passed, would allow cannabis businesses to access various financial and banking services like business loans or lines of credit.

Not only are financial institutions reluctant to bank with business owners in the cannabis industry but some cannabis shops may not be able to offer traditional retirement plans to their employees.

“I think it hinders their upward mobility in life … that they don't have that ability to have a job that gives the same kind of benefits that any other job does,” Williams said. 

“If they could have a 401(k) along with doing something that they love, I think they'll be so much better people,” he said. 

The change wouldn’t be immediate. The Office of Management and Budget would need to review the proposal, the DEA would need to take public comments, then the proposal would have to go to an administrative law judge, AP reports. After that, the agency would make a final ruling.
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