Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
BudBlockz is creating a global community for ‘cannabis enthusiasts’
BLUNT tokens are no ordinary tokens, they can be used to buy the Ganja Guruz NFTs. BLUNTs can be availed on Uniswap. These tokens will enable people to avail discounts at BudBlockz’s and its parter dispensaries. Also, holders will be able to buy products from any dispensary partnered with BudBlockz around the world.
Ganja Guruz are also what one will need to access members-only spaces in the BudBlockz community.
Collectible NFTs are the second most popular type of NFTs at the moment. Profile Picutre NFTs or PFPs are the hottest stuff in this industry right now. Ganja Guruz are a set of PFP NFTs that might sell like hot cakes if the legal status of marijuana is clear, and it seems like that is likely to happen soon.
What is the legal status of Cannabis in the United States
30 countries have legalized or at decreminalized cannabis. 21 states in the USA have constituted laws to legalize Marijuana. BudBlockz will be establishing its dispensary in California.
Marijuana is classified as a schedule 1 drug at the federal level. A drug classified as schedule 1 is believed to have no medicinal use and has the potential for abuse. Cultivation, distribution and the possession of cannabis is a federal offence.
Political debate surrounding Marijuana legalization is not as polarized as several other issues today. Most Democrat leaders support Marijuana legalization for recreational purposes However, President Joe Biden set took initiative to reform laws for the drug.
“As I often said during my campaign for President, no one should be in jail just for using or possessing marijuana. Sending people to prison for possessing marijuana has upended too many lives and incarcerated people for conduct that many states no longer prohibit,” said President Biden in his October 6 address last year on Marijuana reforms.
In the address, the president pardoned past “all prior Federal offenses of simple possession of marijuana.” He added that he would ‘urge’ all state governors to do the same regarding state offences.
“I am asking the Secretary of Health and Human Services and the Attorney General to initiate the administrative process to review expeditiously how marijuana is scheduled under federal law. Federal law currently classifies marijuana in Schedule I of the Controlled Substances Act, the classification meant for the most dangerous substances. This is the same schedule as for heroin and LSD, and even higher than the classification of fentanyl and methamphetamine – the drugs that are driving our overdose epidemic.”
Essentially, marijuana will soon be legalized at the federal leve. Also, possessing large amounts of the drug could still land you in trouble.
Does the American public want marijuana legalized?
According to a Pew Research survey published in October last year, 88% of US adults want marijuana to be legalized for recreational purposes or medical use. In 1969, the number of people who wanted weed to be legalized was less than 10%.
here legal recreational marijuana has been approved:
Colorado, Washington, Alaska, Oregon, Washington, D.C., California, Maine, Massachusetts, Nevada, Michigan, Vermont, Guam, Illinois, Arizona, Montana, New Jersey, New York, Virginia, New Mexico, Connecticut, Rhode Island, Maryland and Missouri.
Colorado was the first state in the US to decriminalize cannabis in 2012.
BudBlockz contract address is as Follows- 0xe5d4988A644EF97f58583BaC42285090924417D0
Disclaimer
Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
Source: https://www.thecoinrepublic.com/2023/02/24/budblockz-is-uniting-the-cannabis-community-connect-globally/