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ARTICLE FIVE OF THE US CONSTITUTIONArticle Five of the United States Constitution describes the process of a potential amendment's adoption. Proposals to adopt an amendment may be called either by a two-thirds vote by both houses of Congress or by a national convention as a result of resolutions adopted by two-thirds (presently at least 34 out of 50) of the states' legislatures

On Monday, August 7th, 2017, the National Conference of State Legislatures (NCSL), at their annual Legislative Summit held August 6th through August 9th, approved by a supermajority of at least 75% of the states a resolution strongly urging that the Controlled Substances Act (CSA) should be amended 1) to completely remove marijuana from scheduling and 2) to allow federally approved banks the unhindered freedom to work with marijuana businesses. The requirements of the NCSL are that, for a resolution to pass, a majority of the participating legislators in each state making up the 75% plus (a super-majority) must support the resolution. So to pass a resolution you must have a super-majority (75%+) of states voting in support of it and each of the states in that super-majority must have a majority of their participating legislators supporting the resolution. That is, then, an extremely high percentage of support and it ensures that they acting on the will of the people and the laws of their many states. Therefore, if the NCSL passed a resolution on marijuana, you can believe it's something they can act upon in order to create an amendment that would allow medical marijuana in all fifty states and its territories, plus eliminate any interference from the federal government on recreational marijuana as well. Yes, they can do that and from the looks of it now, they can do it decisively so. Anyone in politics who's worth their salt knows that's exactly what this resolution enables to happen. 

Yes, to write a new amendment to the Constitution takes a 2/3rds majority (67%) and the states showed they have a 3/4ths majority (75%+) supporting states to implement medicinal AND recreational marijuana programs as they see fit without any interference from the federal government. Now the talk is about just if and when do they begin that effort. We now have thirty states with MMJ laws and NINE states with recreational marijuana freedom. If you read Article Five above, then it's a question of how do you write a new amendment that is not so small it only discusses marijuana but would cover a broad base of things that should be relegated to states and not to the federal. It could be written to reiterate that states' rights are integral to several of the key ways that our laws are written and strengthened over time. While some thought that states can't go against the federal, consider this. If you never allowed for states' rights to begin a program nobody else was doing, federal opposition or not, then you could never come to a super-majority voting for a resolution for it, you see, because it would have never been allowed to go from one state in support to two states in support to 10 states in support and so on until you reached such support that the NCSL could have 75% in support of it in order to pass a resolution. 

And this is why states and businesses have forged forward in line with the wishes of their voters and/or their state legislatures (cannabis has been approved now both by voters and also by some states' legislatures approving it.So this is incredibly good news for marijuana stocks that are doing business in the United States or that are investing in US cannabis stocks, like Aphria is, (as well as many fine Canadian cannabis entities: Tetra Bio Pharma, Kalytera et al). Every week we are seeing a new state in the news over legalizing cannabis for either recreational or medicinal. Missouri is in the news the last few days because they have obtained 50,000 signatures on their way to 160,000 signatures needed to get on the coming ballot in 2018. By the end of December 2017 we are just likely to have 35 states that have approved medical and/or recreational marijuana. Here is what the NCSL said in a statement on their home page: "The legal marijuana business has exploded into a multibillion-dollar industry in the past several years and will grow even more once California and others states implement recreational sales. Banking and insurance services, however, remain difficult for the industry to access because of conflict between state and federal laws. And with the vast majority of states allowing some level of access to marijuana products, the situation is reaching a tipping point." There are at least forty states "that are openly defying federal law now,” according to Michael Correia, a lobbyist with the National Cannabis Industry Association. Correia further stated that the cannabis business is "the fastest growing industry in America.” Due to the size of the California cannabis market estimated annually to be $6 billion, expectations are that when recreational sales begin there, then it will cause positive changes to be implemented at the Capitol in Washington, D.C..  

I would add here that the work of the NCSL is disseminated throughout the political arena and they send their resolutions and the groundwork they've done for them to leaders at the local city and county level all the way up to governors of the states as well as to the national leaders such as US Senators, US House members and even the President of the United States. Yes, they communicate directly with Donald Trump at the White House on many broad issues of high importance, especially so when they have a super-majority passing a resolution on the matters. If you think they aren't serious about it, take a good look for yourself what the NCSL said, that is, all the state legislators said, seen by how they drafted the resolution's wording for the freedom banking to do business with marijuana companies, and in which wording they use the word cannabis none other than sixteen times: 

6 WHEREAS, twenty-nine states, Washington, D.C., Guam, and Puerto Rico have
7 legalized certain forms of cannabis usage; and
8 WHEREAS, Arkansas, North Dakota, and Florida most recently passed measures
9 permitting the use of medical marijuana; and
10 WHEREAS, Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, and
11 Washington are creating substantial regulatory regimes with respect to the cannabis
12 industry to ensure compliance with laws related to the growth, sale and usage of
13 cannabis; and
14 WHEREAS, these new regulatory schemes relating to cannabis have created a
15 significant expansion of the cannabis industry authorized under state law; and
16 WHEREAS, business enterprises need access to financial institutions that provide
17 capital, security, efficiency, and record keeping; and
18 WHEREAS, cannabis remains illegal at the federal level as a Schedule I drug under the
19 federal Controlled Substances Act; and
20 WHEREAS, the federal Bank Secrecy Act and its implementing regulations impose
21 substantial administrative and operational burdens, compliance risk and regulatory risk
22 that serve as a barrier to banks and credit unions providing banking services to
23 businesses and individuals involved in the cannabis industry; and
24WHEREAS, providing banking services to cannabis related businesses entails
25 additional risk to banks and credit unions arising from the fact that cannabis is a
26 Schedule I drug under the Controlled Substances Act, substantially increasing risk of
27 civil or criminal liability; and
28 WHEREAS, the majority of financial institutions have determined that there has been
29 insufficient federal guidance for providing banking services to cannabis related
30 businesses; and
31 WHEREAS, federal guidance for the banking industry in working with cannabis related
32 businesses is inadequate to create a regulatory environment as it does not change
33 applicable federal laws, imposes significant compliance burdens and is subject to
34 change at any time; and
35 WHEREAS, without banking options, cannabis related businesses are forced to operate
36 exclusively in cash; and
37 WHEREAS, a large and growing cash-only industry attracts criminal activity and creates
38 substantial public safety risks; and
39 WHEREAS, a cash-only industry reduces transparency in accounting and makes it
40 difficult for the state to implement an effective regulatory regime that ensures
41 compliance; and
42 WHEREAS, the inability of cannabis related businesses to pay taxes in a form other
43 than cash, which may only be remitted in person, creates a large burden on state to
44 develop new infrastructure to handle the influx of cash, and on the business owners
45 who may have to travel long distances with large sums of cash; and
46 WHEREAS, states have been forced to take expensive security measures to mitigate
47 public safety risks to taxpayers utilizing the system, state employees and the public at
48 large; and
49 WHEREAS, states do not have any control over the enforcement of federal laws and
50 cannot enact legislation that provides banks and credit unions with protections
51 necessary to overcome federal law; and
52 NOW, THEREFORE, BE IT RESOLVED, that the National Conference of State
53 Legislatures believes that the Controlled Substances Act should be amended to remove
54 cannabis from  scheduling thus enabling financial institutions the ability to provide
55 banking services to cannabis related businesses; and
56 BE IT FURTHER RESOLVED, that the National Conference of State Legislatures
57 acknowledges that each of its members will have differing and sometimes conflicting
58 views of cannabis and how to regulate it, but in allowing each state to craft its own
59 regulations we may increase transparency, public safety, and economic development
60 where it is wanted.

30 States where medical and/or recreational marijuana are legal, taxed and regulated: 30
• Alaska MMJ 1998 DCRM 1975 REC 2014 (LGLZD)
• Arizona MMJ 2010
• Arkansas MMJ 2016 (BAL)
• California MMJ 1996 DCRM 1973-78 DCRM 2010 REC LGL 2016
• Colorado MMJ 2000 REC 2012 DCRM 1973-78
• Connecticut MMJ 6/1/12 DCRM NJ 2011 .5OZ 2016 EXPAND MMJ
• Delaware 2011 MMJ DCRM 2015 NJ 1oz fine 6-26-15 1st Comp Ctr
• Florida MMJ 2016 (BAL) Not operational
• Hawaii MMJ 2000
• Illinois MMJ 2013 DCRM 2016 SB 316 HB 2353 REC Introd 3/17
• Louisiana MMJ 2015 (LGLZD)
• Maine MMJ 1999 DCRM 1976 REC LGLZD 2016
• Maryland DCRM 2014 MMJ 2014 Effective 6/1/17
• Massachusetts MMJ 2012 DCRM 2008 REC LGLZD 2016
• Michigan MMJ 2008
• Minnesota MMJ 2014 (LGLZD)
• Montana MMJ 2004
• Nevada MMJ 2000 REC 2016 LGLZD
• New Hampshire MMJ 2013 Operational
• New Jersey MMJ 2010
• New Mexico MMJ 2007 CSTRA 1978
• New York MMJ 2014 (LGLZD) DCRM 1973-78
• North Dakota MMJ 2016 (BAL)
• Ohio DCRM 1973-78 DCRM & MMJ 2016 26th MMJ State
• Oregon MMJ 1998 DCRM 1973 REC 2014 (LGLZD)
• Pennsylvania MMJ & DCRM 2016 (State Legis) Not operational
• Rhode Island MMJ 2006 Oper'l Hep C, Spasms, Chronic pain, Alz, HmGro
• Vermont MMJ 2004 REC 2017 (Legis)
• Washington MMJ 1998 REC 2012
• West Virginia MMJ 2017

• DC MMJ 2010 REC 2014, Guam MMJ 2014, Puerto Rico MMJ 2015

The state congressional tide has turned significantly and substantially with the accomplishment of the new resolution to competey remove marijuana from scheduling. This is highly important because the states are able to impement legislastion on a national level once they achieve a super-majority in support of cannabis, both recreational and medical. The complete removal of cannabis from DEA scheduling would make it legal throughout the United States. This should be headline news. It's a major win for freedom, for natura health products, for states' rights, for cannabis businesses operating or desiring to operate inside the United States. The writer is certain this action, this resolution, taken by the NCSL is a total surprise to many participants and onlookers. If cannabis is not removed from federal scheduling by other means, the states will see to it themselves. Sensible laws are always in the interest of the American people. Harsh laws make no sense and do so much harm. Nobody has ever died from marijuana overdose. It's time to give new life to the cannabis industry, to the hemp industry, to the recreational and medical-pharmaceutical cannabis markets. The time to invest on the cheap is now. Find your companies and seek the ground floor opportunities there. Because this steam roller is rolling forward state by state and all states together, individually and collectively, one for all and all for one!   


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