THE AMERICA ONE NEWS
Jun 4, 2025 |
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America First News
2 Sep 2023
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#economy
Red State: Rep. Matt Gaetz 'Gets It' on Cannabis Policy
Recent recommendations from the U.S. Department of Health and Human Services (HHS) to reschedule cannabis from Schedule I to Schedule III are causing a stir in the cannabis industry. Moving cannabis to Schedule III would have significant financial implications, including eliminating the 280e provision of the IRS tax code, increasing after-tax income for businesses. It could also attract new sources of capital and potentially lead to higher volume exchanges and interstate commerce for the industry. The recommendations are seen as a positive step towards recognizing the misclassification of cannabis as a dangerous substance and could pave the way for federal rescheduling in the near future.
#technology
Fox News: NYPD to use drones to monitor backyard parties over Labor Day weekend, sparking privacy concerns
The NYPD plans to use surveillance drones to monitor outdoor parties and gatherings in New York City over the Labor Day weekend. Critics raise concerns about privacy and the legality of drone surveillance.