420 with CNW — President Biden Reaffirms Pledge to

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
307
420 with CNW — President Biden Reaffirms Pledge to Fulfill Cannabis Campaign Promises

A few months after President Joseph Biden assumed office, his administration passed a major infrastructure bill that, among other things, provided billions of dollars for the development of a nationwide network of public electric vehicle chargers, fulfilling a promise he had made while on the campaign trail. However, the administration has been slow to pass the cannabis reforms President Biden had promised while campaigning, with Biden failing to make a definitive public statement about marijuana policy in the year and a half since he entered the Oval Office.

After more than a year of silence on cannabis reforms, the president has now revealed that his administration is “working on” plans to meet his pledge to pardon and free people who are currently in prison due to cannabis-related offenses. It is the first time he has made a public statement about his administration’s plans to enact cannabis reform since he became the president.

While speaking to journalists on the White House lawn after he stepped off Marine One, Biden said that he didn’t think anyone should be incarcerated for using cannabis. Although he didn’t provide any specifics, the president said that his administration was currently working on a crime bill; press staff from the White House did not respond to further queries for clarification.

Despite dozens of states legalizing cannabis and generating billions of dollars in tax revenue, around 40,000 Americans are currently in prison for marijuana offenses.

According to Richard Bronson, founder and CEO of 70 Million, a staffing agency that serves people with criminal records, people with criminal records “go through hell” to find employment. He said that many of these individuals are men and women of color who, despite serving their time, are still penalized once they enter society. Furthermore, he said the fact that thousands of Americans are still imprisoned for activities that are now legal is an irony of gruesome proportions.

Since he took office, Biden has received several requests from advocates and lawmakers to exercise his executive powers and issue mass pardons for people who were convicted for nonviolent, cannabis-related offenses. His administration has received nearly a dozen letters from advocates, lawmakers and others who have been personally impacted by cannabis prohibition to pardon people who are still imprisoned for cannabis offenses,

The only action Biden has taken has been to grant clemency to dozens of people with nonviolent marijuana convictions on their records in April. Although his actions were lauded, they are still a far cry from the mass pardons advocates and lawmakers have been seeking.

To the cannabis industry and its leading actors, such as Cannabis Strategic Ventures Inc. (OTC: NUGS), concrete actions to implement the ending of prohibition or its facets carries more meaning than the current rhetoric to the effect that the matter is being considered.

NOTE TO INVESTORS: The latest news and updates relating to Cannabis Strategic Ventures Inc. (OTC: NUGS) are available in the company’s newsroom at http://cnw.fm/NUGS

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer


Cannabis Strategic Ventures, Inc (NUGS) Stock Research Links

NUGS Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

USPS Rolls Out Christmas Cookie Stamps Nationwide

Updated Category News Views 2

USPS Delivers Nostalgia with Cookie-Themed Stamps Let's talk stamps, folks. The U.S. Postal Service has rolled out its newest Christmas Cookies Forever stamps, bringing a dash of sugary nostalgia to mailboxes nationwide. The release was celebrated at the Smithsonian National Postal Museum, spotlighting a tradition as sweet as the sugar cookies themselves. These aren't...

Continue Reading
Papa John's Faces Class Action Over Misleading Info

Updated Category News Views 0

Trouble Brewing for Papa John's Investors Rolling the dice in the stock market sometimes feels like playing the lottery, doesn't it? This time around, it's Papa John's (NASDAQ: PZZA) serving up a slice of turmoil for its investors. The pizza chain's got itself tangled in a class-action lawsuit, and it's the shareholders who're left with a bitter taste. Investors Cry Foul...

Continue Reading
Insta360 Expands with Times Square Flagship Store

Updated Category News Views 3

Insta360 Times Square Opening Marks Bold Expansion I dropped by Times Square today, and what do I see? Insta360 planting its flag right in the heart of New York City. Now, this isn't your run-of-the-mill grand opening—it’s the first flagship store outside of Asia, and it screams of big ambitions. Nestled at 1515 Broadway, the store is smack in the middle of one of the...

Continue Reading
2026 Lantern Festival Shines in Kunshan Amid Tensions

Updated Category News Views 4

Lanterns Illuminate Cross-Strait Relations Under the shadow of geopolitical tensions, the 2026 Cross-Strait (Kunshan) Mid-Autumn Lantern Festival kicked off with a splash on September 16. Held in Kunshan, Suzhou, this cultural festival offers a rare glimpse of cooperation and shared cultural celebration across the Taiwan Strait. Through lantern displays, art exhibitions,...

Continue Reading
Flying Car Regulatory Sandbox Begins in UAE

Updated Category News Views 3

Pioneering Flying Cars in the Desert In a move that seems right out of a science fiction screenplay, ARIDGE—the bigwig of flying cars from Asia—has taken a giant leap. They’ve cozied up with the UAE, locking arms to cook up the world's first regulatory sandbox for personal flying cars. Now, don’t laugh—sandbox isn't just for toddlers. It’s the playground where...

Continue Reading
Tragedy Highlights Need for E-bike Safety Overhaul

Updated Category News Views 3

A Dire Wake-Up Call in the East Village We're staring hard at a heartbreaking mess in the East Village. A 15-year-old girl lost her life while riding an electric Citi Bike, hit by an industrial truck. Let's not dance around it—this is a gut punch, the kind you never want to ever hear about, and one that comes with a bitter flavor of 'what if?' Age Verification: A...

Continue Reading
Quay Dominates 2026 Sunglasses Review for Variety

Updated Category News Views 4

Sunglasses Designed for Every Face Type When it comes to picking the right pair of shades, face shape is only part of the equation. Expert Consumers just dropped their 2026 verdict, spotlighting Quay as the go-to brand for those wider faces, tricky nose bridges, and the noggins that run a tad larger than average. Forget what you heard about one-size-fits-all. This...

Continue Reading
China's Tech Success Echoes in Global Living Rooms

Updated Category News Views 4

A New Player in Global Tech If you've been sleeping on China's tech scene, it's time to wake up. Moonshot AI just launched Kimi K3, the largest open-source model by parameters we've seen, a significant leap in artificial intelligence that's catching even the eyes of folks who hardly touch technology—like retirees in Italy. Rapid AI Advancements China's story isn't about...

Continue Reading
PayPal Under Investigation: Legal Battles Intensify

Updated Category News Views 3

A Bumpy Ride for PayPal's Investors Back in 2025, PayPal was beaming about new growth strategies, filling the air with grandiose promises. Fast forward to February 2026, and the script had flipped entirely. Earnings came in nasty and disappointing, particularly in the Branded Checkout front. Adding to the chaos was their CEO unceremoniously taking the high road out the...

Continue Reading
BarrelPick.com Launches for Bourbon Aficionados

Updated Category News Views 3

Just when you think you've seen all the ways to enjoy bourbon, along comes BarrelPick.com with a tantalizing new proposition. They're throwing down the gauntlet for bourbon lovers everywhere by letting you buy an entire barrel, let it sit around for a bit, watch it mature, and then call the shots on when it finally sees the light of day in a bottle. Talk about skipping...

Continue Reading

Top 5 Most Recently Viewed Articles

Centerspace's Earnings Preview: Traders Brace for Impact

Updated Category News Views 134

Centerspace (NYSE:CSR) is gearing up to unveil its quarterly earnings report on February 17, 2026. Expectations are high as analysts forecast an earnings per share (EPS) of $0.35. This isn't just another number; it’s a potential litmus test for investor sentiment. But here’s the kicker: traders often get jittery over EPS announcements, especially when there’s a...

Continue Reading
Trulieve Fights Back Against Florida GOP’s Misleading Claims

Updated Category News Views 112

Trulieve Cannabis Corp. Takes Legal Action Against Florida GOP Trulieve Cannabis Corp. is standing firm in its stance as it files a defamation lawsuit against the Florida Republican Party. The legal action, initiated to combat what Trulieve defines as deceptive practices, centers on a television advertisement that misrepresents the facts regarding the upcoming cannabis...

Continue Reading
How to Accept Payment with WooCommerce: Guide for B2B Decision-Makers

Updated Category Business Views 788

Your online store is live — but unless you can collect payments smoothly, it’s just a well-designed brochure. This guide walks you through how to accept payment with WooCommerce, tailored for founders, finance leads, and operations teams making strategic decisions about e-commerce infrastructure. Start with the Basics: What Is WooCommerce? WooCommerce is an

Continue Reading
Beetroot Powder Market Growth Projections and Insights Ahead

Updated Category News Views 206

Overview of the Global Beetroot Powder Market In recent years, the beetroot powder market has garnered significant attention due to its health benefits and versatile applications. This natural powder, derived from the beetroot plant, has found its way into various industries, including food and beverages, dietary supplements, and cosmetics. Market analysts estimate its...

Continue Reading
Foghorn Therapeutics Shares Groundbreaking Developments in Oncology

Updated Category News Views 222

Foghorn Therapeutics Reports Major Progress in Selective ARID1B Degrader Program Foghorn Therapeutics Inc. (NASDAQ: FHTX), a pioneering clinical-stage biotechnology firm, recently made significant announcements regarding its Selective ARID1B degrader program. This advancement was shared in a keynote session at an annual summit focusing on targeted protein degradation and...

Continue Reading