Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Advanced Container Technologies Inc. (ACTX) Message Board

420 with CNW — White House Noncommittal Regardin

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 527
(Total Views: 187)
Posted On: 09/08/2022 4:50:47 PM
Avatar
Posted By: NetworkNewsWire
420 with CNW — White House Noncommittal Regarding Implementation of Biden’s Marijuana Campaign Promises

President Joseph Biden has stood by most of the infrastructure promises he made during his campaign in 2020, passing a massive infrastructure bill a few months after he took office that would invest billions of dollars into building American infrastructure. However, infrastructure wasn’t the only thing Biden talked about during his campaigns. The president also ran his campaign platform on cannabis reform, stating that although he wasn’t a fan of full legalization, he supported medical cannabis and the rights of states to determine their own cannabis laws.

However, nearly two years after Biden assumed office, his administration still hasn’t acted on the bulk of cannabis promises he made during his campaign. Over the past year, stakeholders in the cannabis industry, lawmakers and reform activists have grown increasingly irritated at the administration’s inaction, with a group of senators recently calling on Biden to issue a blanket pardon for people with low-level cannabis offenses.

During a recent briefing, White House Press Secretary Karine Jean-Pierre said that even though Biden has expressed support for modest cannabis reform, his administration does not have “anything to announce” regarding whether the president will fulfill his campaign marijuana promises. The press secretary was responding to a remark about a statement from Pennsylvania Lt. Gov. John Fetterman, who called on Biden to fulfill his promise to decriminalize cannabis.

A representative from the lieutenant governor had said that Fetterman looks forward to discussing the need for marijuana decriminalization with Biden at the upcoming Labor Day Parade in Pittsburgh. Although the press secretary didn’t respond directly to Fetterman’s comment about the need to decriminalize cannabis at the federal level, she said that the president is committed to issuing “evidence-based policies” and is focused on dealing with the “addiction and overdose epidemic.”

She mentioned that he still believes people should not be jailed for nonviolent cannabis offenses, pointing out the clemency actions he took in April when he commuted the sentences of 75 people, some of whom had nonviolent cannabis convictions on their records. Jean-Pierre added that she didn’t have a specific update to share on Biden’s plans to issue mass pardons for people with cannabis convictions or pass federal cannabis reform.

The press secretary noted that Biden still supported allowing states to determine their own recreational cannabis policies, rescheduling marijuana as a Schedule II drug to facilitate research into its risks and benefits, decriminalization at the federal level and automatically expunging nonviolent cannabis offenses.

If the Biden administration would enact even modest reforms at the federal level, such as decriminalizing medical marijuana, many believe that many opportunities would open up for cannabis industry companies, including ancillary ones such as Advanced Container Technologies Inc. (OTC: ACTX) given that most states have legalized cannabis in some form.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

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




(0)
(0)




Advanced Container Technologies Inc. (ACTX) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us