The federal government has classified marijuana as one of the most dangerous drugs in the country, alongside heroin and LSD. Also, President Biden has officially signed legislation that says TikTok either has to be sold or be shut down within the next 12 months. Mike Papantonio & Farron Cousins discuss more.
Mike Papantonio: A majority of Americans believe that marijuana should be legal, but federal government, well, they refuse to take action. Instead, they’ve classified marijuana as one of the most dangerous drugs in the country alongside heroin. God almighty. I mean, really? Tell that to Willie Nelson. Right. Call Willie Nelson. Did you know how dangerous it is, Willie? Pick it up.
Farron Cousins:: Yeah. This is ridiculous. We’re in the year 2024 now and marijuana is still scheduled as a schedule one drug, meaning the federal government says there are no medicinal values in this at all. It is dangerously addictive. It is deadly. Marijuana will kill you just as quickly as heroin, according to the government. Even though, as far as I have seen, and I’ve researched this a lot, I have not found a single person that has overdosed on marijuana.
Mike Papantonio: Well, full disclosure, I’m in the business in Florida. We have the license, one of the licenses in Florida. We started off with this, doing this, because we found that CBD oil would stop children from having epileptic seizures. So we were approached and they said, well, look, would you invest in this? Can you get it out? Can you talk about the value of CBD? And we did. And all of a sudden it was legalized. We had medical marijuana legalized in Florida. Lot of different reasons because finally scientists were willing to come forward and say, yeah, we’re not, we don’t have all the studies yet. We can’t and I can’t tell you 100% that everything’s okay, to tell you the truth. But I do know that there’s enough history to know that it’s not like heroin.
Farron Cousins: Right.
Mike Papantonio: And so, but this, so you have a government that they won’t change the rules at all. And just, this whole issue remains in limbo. Right. And people in the business have a tough time even staying in the business because the tax rates are so high that companies can’t even keep up with the tax rates. 82% or some ungodly number like that.