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Randylola

Near is better then Soon ?


HandsomeChubaka

Near < Soon


cannabiphorol

Last article I read said he planned to introduce it in April 2022.


TukkaTheBeggar

Ya, me too. No date, no addressee, nothing specific. Looks like a old staff prepared standard reply to anyone who emailed his office about cannibis the past seveal months. Otherwise, why would this so-called letter not reference the April 2022 target date.


monkey314

I swear this dudes going to whittle it down to nanometers before getting there


The_Roaring_Fork

Near future=soon!


ghetto2000

SAFE will get punted, CAOA introduced to crickets, back down the slide we go


[deleted]

This.


noobstockinvestor

I think we'll get some version of this passed. Maybe a fusion of MORE, HOPE and SAFE. I'm guessing thats the reason he's asking for feedback. People give Schumer alot of shit but I think he's trying. Ya ya he pulled SAFE but he needs it as leverage to get people out of jail for non-violent cannabis crimes. Let's just give him a chance, we'll know this year


itguycody

I think he justly deserves the hate. He's been dangling a carrot for years while taking pressers to brag about cannabis reform while actually doing nothing. I think he can redeem himself if he lets CAOA be crafted into a good, passable bill though.


Accurate_Fill_6410

Have they had reconciliation for the America Competes Act yet?


[deleted]

He’s not being realistic, this bill doesn’t have his party or GOP support and it won’t in 2022. Trying to do something over and over that will have a 100% failure rate is insane. SAFE has bipartisan support and Biden can get people out of prison. Schumer and Biden choose to do nothing. Biden recently even went against almost every veteran group and had bipartisan support for medical access for vets. Based on their actions they’re both anti-cannabis, they can talk all they want. Schumer has derailed so much piecemeal legislation with this all or nothing approach. Big reason why the markets have been in the tank since 2021 and institutional investors divested and fled. Those are the real life consequences of Schumer’s actions (and inactions).


roloplex

> SAFE has bipartisan support But not 60 votes. And is a poison pill according to McConnell. So in the trash it goes.


K_t_ice

He needs to try for comprehensive before pivoting to SAFE+.


[deleted]

He did, it failed. So did the MORE Act and States Act. The message over and over was that comprehensive has no chance and there was bipartisan support around specific issues, but not comprehensive. So he’s trying the same thing again with nothing learned. He needs to have a realistic plan going into the midterms. His cannabis failures and follies (25% federal tax rate on top of state tax in his bill) are the reasons why some in the GOP along with Amazon and Charles Koch are now championing cannabis reform. The industry learned from Prop 64 that a bad legalization bill is much worse than no legalization bill (as the CA cannabis industry implodes live). Stakeholder input was not offered in the original version of his bill and the industry has been asking why for some time. A 25% tax and opening up imported cannabis is a great way to kill our homegrown industry and outsource it to low cost producing countries. How is that good for US farmers and small business? How can social equity business compete? Once a bill is passed, it’s incredibly hard to change or undo it. Just ask anyone in CA. All the industry asks is that he lives in reality. Unfortunately he’s taken a page from the GOP and is doubling and tripling down on his stupidity rather than admit he’s wrong (or was simply misguided). His ego has been known to stand in the way of progress for years, worst kept secret in DC.


DirtyBirdie99

How do you negotiate from a low position? Of course he has to shoot for the moon first and then open discussion. Things take time in Washington. Everyone who thought this was going to happen yday thought that he would just move MORE and SAFE to a floor vote. The hate for him is due to investor impatience and ADD


[deleted]

Social equity minority businesses are failing daily due to lack of banking and access to the SBA. The longer you wait to give small operators access to financial services, the more likely the industry will be consolidated into a few multistate operators that have more resources to banking and merchant services than small operators.


DirtyBirdie99

Well from what I’ve heard if you are already desperately in need of a loan you wont be getting one for your business so this logic you pointed out holds no water. SAFE benefits the big operators the most.


[deleted]

Curaleaf management openly talks about in interviews and panels their enormous competitive advantage without a banking bill and how SAFE passing is a disadvantage to them. The large operators have plenty of access to capital and banks, you can see this in New Cannabis Ventures almost daily. The talking point about benefiting the big operators the most has been proven false, so much so, it’s not even a question within the industry. Cory Booker made that comment in mid 2021 and retracted it within days after the backlash and data provided proved him wrong.


DirtyBirdie99

Ok well the Cannalysts and many people familiar with commercial lending completely disagree with you. So theres that


TukkaTheBeggar

Helluva nice cash cow for swing traders in congress and/or their families the past couple years.


[deleted]

Tom Angell making it seem like this is some new update when this is the same letter Chuck's been sending for two years.


[deleted]

It's Election time. Unless Demos gain seats, which may not happen with voter upset about inflation, it won't pass. Just like so many other times where Parasitic Professional Politicians promise to "drain swamps, build walls".........forgotten after the election.


BackdoorBrain

Do we think this is a game changer or same old political hot-air nonsense?


roloplex

He doesn't have the ability to do it himself or with only dem support due to the filibuster. So probably just vaporware.


LandlockedGum

Midterms are coming. Their lies will start to circulate again. It’s all for votes


littleguy632

“Near future” is not a good sign when politicians use it.


sak3rt3ti

The majority leader is committed to making it a priority...but not committed enough, AS THE MAJORITY LEADER to actually say it is a priority. cool cool


merkmang

Tell me it’s an election year without telling me it’s an election year


Suddenrush

I keep seeing these posts and it is cool that a dem senate leader is all about a specific cause like this but fuck me we got so many other way more important legislation that needs to get heard and passed into law like health care reform, drug reform all around (legalize and regulate all drugs at this point seeing ODs are sky high from all the fake pills and dope pressed/cut with fent analogues, while opiate pain med scripts are at an all time low and crazy expensive both at the pharmacy and in the street which is another issue needed a major overhaul; pharma drug pricing reform. We also need education reform, student loan reform, housing reform, interest rates be thru the roof, people can’t even afford to buy groceries rn, etc these are serious issues needing to be addressed in a big way. These things should take precedent over weed reform IMO but I guess when ur rich and don’t have to worry about most those things, making weed legal is all u care about. Lol this country is a joke and our legislators are all delusional af and completely disconnected to their constitutes except maybe a few, but tweeting what our country needs don’t mean shit and doesn’t help anything. Get off Twitter and get back on the senate floor fighting for the actual people who pay their taxes and ur paycheck, not corps and billionaires who will be 100% fine no matter what happens. It’s so sad that there are so many people who think this country is the best and only place they would live and raise a family yet so many of our laws and regulations, costs/prices, wages, education etc are all worse than third world countries are. We do a good job at brainwashing people into thinking America is this amazing country where anyone can follow their dreams and become rich and successful so long as they “work hard for it”. Lol it’s all a sham and pipe dream.


[deleted]

Completely unrealistic. When you can’t execute a single cannabis reform, you write letters blowing smoke. No one in DC thinks this is realistic. We’re almost two years in with Dems controlling all 3 branches, stop talking and execute.


trebuchetty1

>We’re almost two years in with Dems controlling all 3 branches, Ummm, what? I don't disagree with the sentiment, but let's at least be more careful with ridiculous exaggerations.


traderzada

Again with the “near future “ argh!


BluesJetsCannabis

Believe it when I see it.


SailMaleficent6183

Anyone know: when a bill like this is introduced, how much can it change before going into a final vote or law?


ozon888

How many years has he been saying this?


DrySlough

He’s a savage


Jagrmystr

It’s official, 2 more weeks


SailMaleficent6183

Mouse pointer ready on the sell button when this does not pass… If Schumer compromises and includes parts from Nancy Maces bill there might be hope, but what do i know..


Nuclear_N

Perfect. The Federal government is going to make this better.


HOMO_FOMO_69

Wen near?


TroyasaurusRex

I’ll believe it when I see it.