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Re:Where Pot Entrepreneurs Go When the Banks Say No by dragonwriter on Thursday January 04, 2018 @07:47PM (#16075535)
Rohrabacher-Farr has to be passed anew with each spending authorization and the current one expires later this month. If the administration decided they really don't want it, they can go hard line on that, though there's political risk involved.

It explicitly also applies only to medical marijuana laws even as previously drafted; even if they don't go hardline against it they could either seek to have Congress revise it slightly to provide a clearer delineation of the medical boundary, or just go full-out against non-medical operations in recreational-use states and let the courts sort out the boundary; start a few RICO and/or Continuing Criminal Enterprise prosecutions with the associated broad forfeiture that can come with those (and the 20-year, or if your business is more successful, life) mandatory prison sentences available under the latter, and you'll drive lots of people that aren't yet being prosecuted out of “legal” pot and supporting businesses even before any legal challenges are resolved.

I respect Popehat a lot, but I think that while the minimization of the legal risk to individual users is accurate, it misses the real risk, which is to trade as a whole through selective targeting of major operations and supporting businesses. Individual users lose out because the “legal” industry goes away from legal risk, not because they are individually targeted for prosecution.

Re:Where Pot Entrepreneurs Go When the Banks Say No by anigbrowl on Thursday January 04, 2018 @10:28PM (#16076252)
If the administration decided they really don't want it, they can go hard line on that, though there's political risk involved.

It's not like the administration has a whole lot of political capital to play with right now. Vetoing their own appropriations bill doesn't seem like a winning strategy, though obviously rational political calculus doesn't count for much in the White House these days.

Re:Where Pot Entrepreneurs Go When the Banks Say No by dragonwriter on Friday January 05, 2018 @09:38AM (#16078791)
> It's not like the administration has a whole lot of political capital to play with right now.

Sure, and if this administration showed any sign not of conserving political capital based on consistent coherent priorities rather than burning it on a whim, that'd play a bigger role in my assessment of the risk of them deciding to stand and fight on this.

Then again, if they had been doing that, they'd also probably have a lot more political capital pright now.

> Vetoing their own appropriations bill doesn't seem like a winning strategy

OTOH, threatening to over Rohrabacher-Farr might be—at least in the immediate term; it's quite possible that Congress isn't willing to shutdown the government over it but would believe the President might be.

Re:Where Pot Entrepreneurs Go When the Banks Say No by CPLX on Thursday January 04, 2018 @08:36PM (#16075781)
Sure, but who's to say over the counter purchasing of marijuana isn't medical by definition?

It's a drug. It would certainly be a plausible argument that rescinding the need to have a doctor's prescription or some other formality does not change that fact.

Presumably allowing aspirin or bandages to be sold at gas stations or supermarkets doesn't stop them from being medical devices.

Re:Where Pot Entrepreneurs Go When the Banks Say No by dragonwriter on Thursday January 04, 2018 @11:40PM (#16076595)
> Sure, but who's to say over the counter purchasing of marijuana isn't medical by definition?

In the first instance, the Department of Justice.

If people disagree, it becomes a dispute in the courts as people try to rollback the DoJ’s actions.

I’ve pointed out that this argument is available in another subthread, but you really don't want to be in the position of having to make it: https://news.ycombinator.com/item?id=16075569