The ‘420 Bill’ to Federally Legalize Marijuana Has Officially Been Introduced Ron Wyden of Oregon – RICH TV LIVE – FEBRUARY 9, 2019 – A federal bill that would legalize cannabis and regulate it like alcohol was introduced in the Senate on Friday by Democratic Sen. Ron Wyden of Oregon. The bill, the Marijuana Revenue and Regulation Act, has been designated as S. 420 by Wyden and is a companion measure to H.R. 420, which was introduced in the House of Representatives by fellow Oregon Democrat Rep. Earl Blumenauer last month.
Hey guys so this news everyone just keeps sending me rich rich you know what’s up party people welcome to the party saturday night i don’t know what are you guys thinking with this news man the 4/20 bill to federally legalized marijuana has officially been introduced this big hi times breaking his news and man what is this all about everyone keeps sending me this
So let’s analyze it right a federal bill that will legalize cannabis and regulate it like alcohol was introduced in the senate on friday by democratic senator ron wyden of oregon now i kept getting these messages about ron wyden of oregon and i didn’t understand what was going on i was oblivious to this i apologized thank you guys for sharing this with me all
Of you guys that shared this with me i mean there’s so many people sharing stuff with me every day now it’s like so we’re getting you know it’s such a big community right so i really appreciate everything you guys do and you know you guys bring me this news and it’s like constant consistent you know it’s consistent flow of news from you the people thank you for
Sharing this with me guys like you guys are the best community of traders on the planet because you guys you guys are just like selfless you know to mean giving the news to the people so we can analyze it know markets are gonna be green of course markets are gonna agree this is some big news what do you guys think is big news a federal bill that will legalize
Cannabis and regulate it like alcohol that’s essentially that’s just essentially the same thing as what canada did that’s pretty big just make it legal just like alcohol the bill the marijuana revenue and regulation act has been designated as the s for 20 by wyden and isn’t companion measure to hr 420 which was introduced into the house of representatives by
Fellow oregon democrat republican earl blumenauer our last month a democratic aide to the senate finance committee where wyden is the ranking member said the bill aims to responsibly legalize tax and regulate marijuana at the federal level oh this is big yeah it’s true this is big this is very big you know i don’t know there’s only one song for this it’s like i
Don’t know i think the markets are gonna get hot i think the markets even get hot you know what’s up party people matt thank you to join me man i don’t know the markets getting me excited news is getting me excited america is the land of the free the home of the brave we’re talking about a market of 300 million people canada’s only like 30 million like this is
Big this is big and you guys sent it to me to people that are bringing me this like yo rich attention rich you got a break first rich thanks to you the people we breaking it first it’s true horses breaking this news on a saturday night you guys like this new smash the like button man this is big legalizing cannabis in america like alcohol no thanks no man this
Could be the catalyst we’ve been looking for a democratic aide to the senate finance committee where wyden is the ranking member the ranking members says that the bill aims to responsibly legalize tax and regulate marijuana at the federal level according to media reports this is big big this is the ranking members why didn’t set in a press release on friday that
Now is the time for cannabis reform at the national level i just imagine like you know dollar bills being thrown at the club just reading this news do you guys see what is happening here this is exactly what happened in canada this is exactly what happened to canada pay attention we got to really really get focused right now on the american stocks this is huge
News be on full alert this is pretty aggressive here – to the next statement here so the federal prohibition of marijuana is wrong plain and simple too many lives have been wasted and too many economic opportunities have been missed wyden said it’s time congress make the change the changes or ghanians or guardians or guardians and americans across the country
Are demanding here’s the one blue man our agreed noting that voters opinions on cannabis have changed and their representatives in congress should follow suit oregon has been and contain used to be a leader in common sense marijuana policies and the federal government must catch up says blumen our the american people have elected the most pro cannabis congress
In american history and significant pieces of legislation are being introduced the house is doing its work with the help of senator wyden’s leadership in the senate and we will break through this is so it’s like deja vu because this is exactly what happened in canada and everybody said what happened it wasn’t gonna happen oh and it’s happened and it’s gonna make
Billions and billions of dollars for the government and for owners of these companies and it’s going to do the exact same thing in america and even in a bigger way because they have a much larger population so the potential is enormous here it’s immense so we really need to focus on these cannabis companies especially the ones that are in america right now based
On this news i think there’s going to be some sneak attacks here there’s gonna be some stocks that maybe you don’t expect to explode that will explode but we need to really be on a full alert right now for all these cannabis stocks because this news is pretty massive news in america this is industry sector changing news like game-changing news for the sector it
Might not necessarily happen on monday might not happen on tuesday i’m gonna happen on wednesday but eventually long-term you know three to six months from now this will really benefit the industry because this is a very aggressive attempt to move this up on a national level and legalize cannabis which has already happened in canada and is starting to happen
In other countries like uruguay so as we see more and more countries are going to adapt this method of having the government have their hands in the pie because right now it’s all happening in lima illegally bill is part of legislative package s 420 as part of a package of bills intended to reform federal cannabis policy dubbed by wyden and blum an hour as the
Path to marijuana reform the other measures in the package the small business tax equity act and the responsibility addressing the marijuana policy gap act the small business tax equity act would repeal provisions of the tax code that deny cannabis businesses the right to take the same tax deductions as companies in other industries this is very interesting the
Responsibly addressing the marijuana policy gap tacked would remove federal criminal penalties and civil asset forfeiture for individuals and businesses complying with state law the bill will also give cannabis business legal under state law access to banking bankruptcy protection marijuana research and advertising wow this is huge so apparently right now american
Companies are having issues with banking because they’re not legal right now federally but they are on a state level so there are a lot of banks that won’t take any money that is coming from the proceeds of cannabis this bill would allow the businesses to operate and do banking in those states like this is so big banking bankruptcy protection marijuana research and
Advertising wow that’s big yeah sh mp you know what it’s been one of the hottest stocks in the universe i got like thirteen thousand percent something silly i don’t know what to finish with maybe ten thousand percent in the last three months here it’s you know what goes up can go down so you have to be very very careful if you buy a stock that’s a momentum trade
And make sure that you put in stop losses of ten percent and if you are looking to figure out what is a good price to exit i always think that if you’re up ten percent or more you should always consider selling and have a good strategy when you’re trading you know are you long trading are you looking to momentum trade if you’re looking to a momentum trade you know
You always have to be ready to get in and out because these stocks that go up very quickly can go down very quickly sh mp for some reason has continued to go up you know i don’t know why like i said i broke down their financials i haven’t seen anything crazy so maybe i’m missing something so as the company has more financials that gets put out if anybody sees
Those financials send them to me and we’ll try to review them but last time i looked at having like four thousand dollars in the bank but like i said this is an industry that’s very hot right now and there’s gonna be a lot of other sneak attacks and other industries and stocks are just gonna go up because institutions are gonna get involved or for whatever reason
That’s the stock of the day so you know and sometimes that’s gonna happen so congratulations that anyone that’s taken advantage of shrimp you know it might continue to go up it’s 100% buy on bar chart top 1% signal strength you know who knows you know maybe they’re getting into cannabis like this is the thing like anything that gets into cannabis right now is just
Pure fire it’s true so this is big advertising you’d be able to do advertising in the united states and cannabis is just be mind boggling this bill includes an expungement process for some marijuana convictions which will reduce some of the collateral damage of the war on drugs including the denial of federal housing and financial aid the bill also gives veterans
Access to legal medical marijuana programs and protects native american tribes from prosecution under federal cannabis laws wow look at this the post the 4/20 bill to federally legalize marijuana has officially been introduced and appeared first on high times wow follow you i’ll do that a little later so yeah this is pretty crazy this is big news this is big news
What do you guys think about this news if you like this news please smash the like button comment down below share this video everywhere remember if highly of you and we all win it’s true do your due diligence do your research before you invest in anything that we talk about here enrich to be live we do bring you the winners we try to bring in the winners first
Sometimes stocks are gonna go up sometimes stocks are gonna go down past performance is not an indicator of future results okay guys so just understand that you know yes we are richard thomas yes we do work as a community and we do find the winners and break the news first but stocks can go down all of a sudden somebody puts a lawsuit on a company the stock goes
Down right so you have to be very careful those also create buying opportunities so we have to work as a unit and try to identify those opportunities but this here the bill 420 the federally legalized marijuana has officially been introduced was broken first by high times and you’re hearing a hit first here on rich tv live i think on youtube i don’t know if anyone
Else has broken this news but i bringing this news to you now because it was given to me by you the people and i wanted to say thank you for bringing me all these pics and and the abuse and the news as it happens here so this is your boy rich like i said guys if you’re not winning you’re not watching do due diligence do your research let’s have a amazing amazing week
I wanted to bring this news to you guys dissect it i would like to hear it guys comments please i’m gonna tell you guys have a great responsible saturday don’t drink and drive don’t smoke and fly hang out what your friends have your family good vibes peace and love to everyone wish everyone the best you guys are the best community in the universe this is your boy rich i’m all peace
Transcribed from video
The ‘420 Bill’ to Federally Legalize Marijuana Has Officially Been Introduced Ron Wyden of Oregon By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2019-02-10T041536+0000endTimestamp2019-02-10T043248+0000}
