[Ibogaine] common sense isn't dead yet

Matt S ibogamail at gmail.com
Thu May 26 16:44:50 EDT 2011


 From here: 
http://www.rawstory.com/rs/2011/05/25/house-democrats-introduce-three-medical-marijuana-reform-bills/


    House Democrats introduce three medical marijuana reform bills


Congressman Pete Stark (D-CA), Congressman Barney Frank (D-MA) and 
Congressman Jared Polis (D-CO) introduced legislation to the House on 
Wednesday aimed at ensuring the medical marijuana industry is treated 
like any other business.

The legislation was supported by Republican Reps. Dana Rohrabacher (CA) 
and Ron Paul (TX).

The Small Business Tax Equity Act, introduced by Stark, authorizes 
medical marijuana dispensaries to take the full range of business 
expense deductions on their federal tax returns, like other legal 
businesses are allowed to.

"Our tax code undercuts legal medical marijuana dispensaries by 
preventing them from taking all the deductions allowed for other small 
businesses,” Stark stated. “While unfair to these small business owners, 
the tax code also punishes the patients who rely on them for safe and 
reliable access to medical marijuana prescribed by a doctor."

Fifteen states and the District of Colombia have passed laws permitting 
marijuana to be used as medicine.

Another bill, introduced by Frank, would make individuals and business 
immune to federal prosecution if they are acting in compliance with 
local marijuana laws. Additionally, the legislation would direct the 
White House to reschedule marijuana under the Controlled Substances Act 
so that it is no longer considered a highly addictive substance with no 
medical value.

Marijuana is currently listed as a schedule I drug, the most restrictive 
schedule with the greatest criminal penalties.

“The time has come for the federal government to stop preempting states’ 
medical marijuana laws,” Frank said. “For the federal government to come 
in and supersede state law is a real mistake for those in pain for whom 
nothing else seems to work. This bill would block the federal 
prosecution of those patients who reside in those states that allow 
medical marijuana.”

Lastly, legislation introduced by Polis would ensure that medical 
marijuana businesses that are state-certified have full access to 
banking services.

“When a small business, such as a medical marijuana dispensary, can’t 
access basic banking services they either have to become cash-only—and 
become targets of crime—or they’ll end up out-of-business,” Polis said. 
“In states that have legalized medical marijuana, and for businesses 
that have been state-approved, it is simply wrong for the federal 
government to intrude and threaten banks that are involved in legal 
transactions.

American Express is no longer allowing transactions 
<http://www.rawstory.com/rs/2011/05/24/american-express-can-no-longer-be-used-to-buy-medical-marijuana/> 
to be processed at medical marijuana dispensaries nationwide. A 
spokesperson said the company made the decision to not allow its credit 
cards to be accepted for medical marijuana because it is their "policy 
to adhere to the federal law in such matters."

“It is quite obvious the federal war on drugs is a disaster," Paul 
added. "Respect for states’ rights means that different policies can be 
tried in different states and we can see which are the most successful. 
This legislation is a step in the right direction as it removes a major 
federal road block impeding businesses that states have determined 
should be allowed within their borders.”




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