Marijuana's reclassification is 'long overdue' by the DEA: Curaleaf CEO

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  • Опубліковано 3 вер 2023
  • Following urgings by the U.S. Department of Health & Human Services, DEA officials could reclassify marijuana's drug status to that of a Schedule III substance. Curaleaf (CURLF) CEO Matt Darin joins Yahoo Finance Live to discuss what new regulation could mean for the cannabis industry and certain banking system oversights. "We think this is going to be a massive catalyst," Darin describes. "The biggest impact from a financial standpoint will be the removal of the draconian 280E section of the tax code that has really become untenable for our regulated industry." Darin outlines the higher tax rates cannabis distributors incur, emphasizing the fact that the U.S. government "collects more state taxes from cannabis than they do from alcohol." He comments on the outlook and expansion of the cannabis industry on marijuana's potential reclassification.
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КОМЕНТАРІ • 93

  • @XRP-Alchemy
    @XRP-Alchemy 9 місяців тому +35

    Legalize Freedom! 🇺🇸

    • @coachduke9323
      @coachduke9323 8 місяців тому

      Probably because they are freedom loving Americans

  • @fist_full_of_bacon521
    @fist_full_of_bacon521 7 місяців тому +6

    Get rid of the drug testing for marijuana

    • @nothanks9503
      @nothanks9503 7 місяців тому +1

      First and foremost only way to stop the discrimination

  • @shadowgod7523
    @shadowgod7523 8 місяців тому +12

    It should have NEVER been illegal from the start. If you do your research, u will understand why this law was in effect.

    • @noshot5793
      @noshot5793 8 місяців тому +4

      In fear of Mexican immigrants coming to America lol

    • @nothanks9503
      @nothanks9503 7 місяців тому

      As justification to arrest and harass the anti war movement and black people

    • @jettgoldberg1015
      @jettgoldberg1015 23 дні тому

      @@noshot5793 that was the original scare tactic. It was made illegal because Richard Nixon wanted war and the anti-war left liked weed, so by making it illegal he could arrest peace loving people.

  • @Mustapha1963
    @Mustapha1963 8 місяців тому +10

    I agree with this.
    Having gone to high school in the late 70s- early 80s period, it's fair to say that I was around more than a few people who...."indulged", shall we say. Even though I never did (and have not), I never bought into the whole "gateway drug" argument. The only side effect I noticed was that it made my goofy friends goofier....and hungrier.

    • @nothanks9503
      @nothanks9503 7 місяців тому

      The gateway to drugs is the same as the gateway to seasonings all mammals use substances cannabis is one of the most benign and also downright beneficial of all of them

  • @carolynsmith3312
    @carolynsmith3312 9 місяців тому +22

    It really does have medicinal benefits when used correctly. Some people can abuse about anything, especially food….

    • @Patrick-zg7hg
      @Patrick-zg7hg 8 місяців тому

      Twinkle consumption may go up substantially...buy stock in Hostess !

    • @Patrick-zg7hg
      @Patrick-zg7hg 8 місяців тому

      Twinkie

    • @SpaceRanger187
      @SpaceRanger187 8 місяців тому +2

      Even if it didn't, who tf are you to tell me what I can put in my body and do with my life. As a grown man if I want to do drugs that is my choice, not yours. Should be regulated just like drinking and driving

    • @theirmom4723
      @theirmom4723 8 місяців тому

      @@SpaceRanger187 Society has been doing it tobacco users for the past 20 years. So....

    • @nothanks9503
      @nothanks9503 7 місяців тому +1

      No matter how I use it it has medical benefits I have degenerative joint disease in my jaw fingers and spine without cannabis I wouldn’t be alive not living at least

  • @singaporeghostclub
    @singaporeghostclub 8 місяців тому +7

    Only those that have not experienced its effects will say negatively about it.

  • @travls_4679
    @travls_4679 8 місяців тому +11

    it literally means nothing for Users if they just reschedule it

    • @nothanks9503
      @nothanks9503 7 місяців тому

      It will get more expensive based on what I’ve seen it’s just going to get more expensive whatever we do they price fix and monopolies

    • @zackwoodd4606
      @zackwoodd4606 6 місяців тому

      If it was a schedule 3 drug it could officially be prescribed by doctors

    • @nothanks9503
      @nothanks9503 6 місяців тому

      @@zackwoodd4606 if they try to lock it behind insurance people will ignore the law as usual

  • @phish82
    @phish82 8 місяців тому +8

    It doesn't need to be on the schedule at all it needs to be regulated like tobacco and alcohol schedule 3 still needs a prescription under federal law😢

    • @UncensoredFoodie
      @UncensoredFoodie 8 місяців тому

      Everyone on the medical side seems to be pushing the idea that they focus more on establishing a legit medical market over them limiting the rec markets

  • @justinboulanger-ql4uq
    @justinboulanger-ql4uq 5 місяців тому +2

    Needs to be fully legal everywhere period.

  • @Drcraigpl
    @Drcraigpl 8 місяців тому +12

    I wasn't aware that the DEA had the right to make laws, their ability to classify drugs seems like they make the laws.

    • @bobbybergdoll4377
      @bobbybergdoll4377 8 місяців тому +1

      Legislative, Executive & Judicial.

    • @fredsasse9973
      @fredsasse9973 8 місяців тому +2

      Might the DEA's ability to legitimately classify drugs be a function of how the law was written? If the law that Congress passed states that the classification of drugs is the perview of the DEA they can, if it doesn't, they can't.

    • @taylorkirkland3529
      @taylorkirkland3529 7 місяців тому +1

      ​@@fredsasse9973between the DEA and the FDA, they both just take their turns outright lying to congress and pointing fingers at each other...

    • @Keepitreal260
      @Keepitreal260 7 місяців тому

      Conflict of interest. They don’t want anyone to alter their minds but they do so with chemicals and heavy metals in our foods and water.

    • @nothanks9503
      @nothanks9503 7 місяців тому

      ⁠@@fredsasse9973shouldn’t that be the job of the FDA the DEA doesn’t regulate cyanid or antifreeze what’s up with that those are more dangerous chemicals than heroin

  • @bobbybergdoll4377
    @bobbybergdoll4377 8 місяців тому +3

    Executive branches/3 letter agencies should have nothing to do with legislation. DEA needs plenty of funding to waste.

  • @victor17m
    @victor17m 9 місяців тому +6

    Finally we all know has so many benefits in the states where is legal governments notice a drop of foster care children

  • @LONGTRANGBILL
    @LONGTRANGBILL 8 місяців тому +3

    Yo Curaleaf... Why has Your cannabis and most all other medical cannabis suppliers NOT gone down in price since Pa went medical??? How about you suppliers STOP ROBBING CANNABIS USERS!!!

  • @Patrick-zg7hg
    @Patrick-zg7hg 8 місяців тому +3

    What about the impact on the prison industry?

  • @vincentasks
    @vincentasks 7 місяців тому +2

    How about getting rid of the scheduling bs altogether?

  • @AmericanGangster1
    @AmericanGangster1 8 місяців тому +2

    I'm getting 100 shares of CURLF, CGC, TLRY, and CRON tomorrow.

    • @AmericanGangster1
      @AmericanGangster1 8 місяців тому

      Cresco Labs and Columbia Care look good too! 👍

  • @DonaldCowling-fw5vg
    @DonaldCowling-fw5vg 8 місяців тому +3

    42nd don't matter what color you are we all suffer the same way

  • @TracyTveter
    @TracyTveter 8 місяців тому +3

    It is about time!

  • @guthrie_the_wizard
    @guthrie_the_wizard 7 місяців тому +2

    Land of the free - let people make informed choices that impact themselves primarily.

  • @jaymo2024
    @jaymo2024 9 місяців тому +3

    It’s happening

  • @DonaldCowling-fw5vg
    @DonaldCowling-fw5vg 8 місяців тому +4

    How many lives have suffered

  • @kelliv2995
    @kelliv2995 9 місяців тому +2

    Pwittty Pwitty Pweeeeeez 🙏🏻

  • @daveyjones8764
    @daveyjones8764 8 місяців тому +2

    You forgot to show the age group of 12 to 18 I wonder why. People forget that normalizing drug use effects children in a terrible way

    • @nationalanthem8294
      @nationalanthem8294 8 місяців тому +3

      so we should make tobacco, alcohol, ibuprofen, all illegal? since there's a chance underage users could get their hands on it? how about regulate it properly and we won't have those issues. alcohol is far more dangerous than cannabis

    • @mikelundquist4596
      @mikelundquist4596 8 місяців тому +1

      ​@@nationalanthem8294 it happens and it's devastating.

    • @nothanks9503
      @nothanks9503 7 місяців тому

      Usage among teens is lower in legal states for both cannabis and alcohol

  • @sophiathegamer7345
    @sophiathegamer7345 9 місяців тому +1

    Another layer of obstacles winners will need to navigate on their way to success!

  • @jeroid123
    @jeroid123 7 місяців тому

    woefully inadequate, declassification is necessary

  • @UncensoredFoodie
    @UncensoredFoodie 8 місяців тому

    You asked a CEO who has been consistently caught red handed for issues with their product including aspergillus and other microbes yet you put them on a pedistool to talk about the good about rescheduling. The only good is that it serperates Rec market from Medical Market

  • @renerubio2256
    @renerubio2256 8 місяців тому +1

    I wonder less tax pay less for medication?

    • @nothanks9503
      @nothanks9503 7 місяців тому

      No pay more because you need to pay for it

  • @noshot5793
    @noshot5793 8 місяців тому

    Ummm, Kentucky is now Legal for Medical. Might wanna change ur chart.

  • @kingfishphill4120
    @kingfishphill4120 8 місяців тому +6

    Legalize and decriminalize nation wide !!
    ( Free Texas ) schedule 3 why not schedule 0

    • @nothanks9503
      @nothanks9503 7 місяців тому +1

      Isn’t Texas like the furthest behind on freedom in that regard

    • @kingfishphill4120
      @kingfishphill4120 7 місяців тому

      @@nothanks9503 Yes it is !!!

  • @dwaynenelson9941
    @dwaynenelson9941 7 місяців тому

    They’re not gonna legalize it

    • @nevets4190
      @nevets4190 5 місяців тому

      it will be up to the states as it should be.

  • @ThomasBrooks-hu3qv
    @ThomasBrooks-hu3qv 8 місяців тому

    It's about time thay legal weed the fed know ther money in weed

  • @JW_Mayfield
    @JW_Mayfield 4 місяці тому

    Thanks for nothing Kansas!

  • @juancampos6544
    @juancampos6544 8 місяців тому

    What would it mean for your business, f all the everyday Americans who can lose their jobs for a plant w medical value

  • @darkness439
    @darkness439 8 місяців тому +2

    Idk, i feel so much better on my doctor prescribed pain pills than injecting that weed!

  • @PK-uk3gh
    @PK-uk3gh 9 місяців тому +3

    Nonsense….govt endorsing addiction 😂😂😂

    • @iLikeMyOwnPosts
      @iLikeMyOwnPosts 9 місяців тому +5

      How do you feel about alcohol and nicotine products being legal?

    • @amfk8079
      @amfk8079 9 місяців тому +2

      They should ban alcohol and legalize weed

    • @Aj00047
      @Aj00047 9 місяців тому +1

      Do you know of a better substitute addiction?

    • @amfk8079
      @amfk8079 9 місяців тому +2

      @@Aj00047 weed

    • @PK-uk3gh
      @PK-uk3gh 9 місяців тому +1

      @Aj00047 don't take them..that's the better option and easier option to do.

  • @marciawood2061
    @marciawood2061 8 місяців тому +2

    Marijuana should stay a schedule 1 drug.

    • @nationalanthem8294
      @nationalanthem8294 8 місяців тому +5

      you sound like you're on half the schedule 1 drugs rn

  • @561roadrunner4
    @561roadrunner4 8 місяців тому +1

    Doesn’t need to be reclassified needs to be federally legal that’s what the American people want majority rules we the people want federally legal weed (Free the weed movement)