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WASHINGTON, D.C. – The U.S. House of Representatives has passed a historic bill that would federally decriminalize marijuana use.The Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) was approved by a 228-164 margin on Friday.Specifically, the MORE Act would remove cannabis from the list of scheduled substances under the Controlled Substances Act and eliminate criminal penalties for anyone who manufactures, distributes or possesses pot.The MORE Act, officially called H.R.3884, would also establish a process to expunge convictions and conduct sentencing review hearings related to federal cannabis offenses.The MORE Act would make several other changes as well.Under the bill, statutory references marijuana would be replaced with the word cannabis.The legislation would require the Bureau of Labor Statistics to regularly publish demographic data on cannabis business owners and employees.The bill would establish a trust fund to support various programs and services for individuals and businesses in communities impacted by the war on drugs. A 5% tax on cannabis products would be imposed and require revenues to be deposited into the trust fund.The bill would make Small Business Administration loans and services available to entities that are cannabis-related legitimate businesses or service providers.The MORE Act would prohibit the denial of federal public benefits to a person on the basis of certain cannabis-related conduct or convictions, as well as ban the denial of benefits and protections under immigration laws on the basis of a cannabis-related event.Lastly, it would directs the Government Accountability Office to study the societal impact of cannabis legalization.The passage of the MORE Act marks the first time a full chamber of Congress has even taken up the issue of federally decriminalizing cannabis.Although the House has approved the progressive bill, it will likely face tough opposition in the Senate, which is led by Republican Senate Majority Leader Mitch McConnell. Though, if Democrats are able to win the two runoff elections in Georgia, they would take control of the Senate in 2021 and the MORE Act would stand a better chance at becoming law.Federal law still prohibits the use of cannabis, but recreational marijuana is slowly being legalized on the state level in parts of the U.S. A total of 15 states have legalized pot for recreational use, but laws about possession, distribution and concentrates differ. 2479
Well, it looks like you’re all pretty thirsty for some Pepsi “Cocoa” Cola. Stay tuned for details coming in 2021!— Pepsi (@pepsi) December 17, 2020 161
We tend to go to thrift stores to find good deals and to save money. But have you ever thought about making money at a thrift store instead?The idea is to buy items that you can resell at a higher price online.Ecommerce expert Glen Zubia buys and sells items for a living on sites like eBay and makes up to ,000 a month.So what are the things to look for? “First probably go electronics; electronics people buy DVD/VHS combos, old video games,” said Zubia.When first starting out, he suggests you stick with familiar items. For example, Zubia suggests items related to pop culture, Disney items, and certain exclusive products tied to sports teams. "And then of course, vintage always comes back," said Zubia.If you go to a thrift store and see an item you would never buy, just know there is likely someone out there who would. The key is to do some quick research online to find out what people are wanting and how much they are willing to spend.Zubia points out that just because something is listed on eBay at a certain price, it doesn't necessarily mean it will actually sell for that price. "But the completed listings will tell us, 'okay this is selling for ,' here it is in my hand for . Now I have an expectation to make a certain amount of money,” said Zubia.There are other sites besides eBay where you can sell your items like Tradsey, Poshmart and Amazon. Zubia recommends first time eBay sellers build their clientele before pricing items high.“You’re at zero. A lot of buyers aren’t going to trust you right away. So, it’s always good to start off with stuff you already have, cheaper items, building up your feedback and then you’ll get more customers coming in,” said Zubia.Also, don’t just limit yourself to thrift stores to find these money-making treasures. Try shopping at garage sales, yard sales and swap meets. 1933
We're now entering peak back-to-school shopping season, but this is turning out to be a school shopping season like none ever before.In the year of the pandemic, many parents are holding off, unsure their children will even set foot in their schools this fall.In normal years, Target, Staples and other stores would be running big back-to-school campaigns by now. Stores would be stocked with gym shoes, white shirts, notebooks, and Clorox wipes. (Remember Clorox wipes? Have you seen any for sale in four months?)But these are not normal times.With many schools already planning for online learning this September, there's no need to buy lots of new school clothing or even backpacks.Other schools are holding off announcing any plans, which means teachers cannot come up with lists of required items yet.Why shopping could still be strongIt turns out learning at home may actually boost sales figures this year, according to the National Retail Federation.It says parents will be buying more laptop PCs and iPads then ever before. With many students learning at home even just part time, demand is soaring for new laptops to improve the Zoom call experience.The result is that the retail group predicts shopping could be 3-5% higher than last year, with more parents than ever dropping 0 to ,000 on a computer. Two kids? Double it.But from the doesn't that stink file, the bad news is for brick-and-mortar retailers.The Retail Federation says online sales will soar this school year, as families avoid going to the mall.About 45% of shoppers say they plan to do more online shopping this year than they did a year ago, which was already a strong year for online sales.That means if you like to browse the mall for school shopping, you'll find fewer stores open and much less merchandise on those store shelves when you get there.Shoppers report many shoe stores have just half their normal amount of merchandise on display.As a result, this shopping season is unlikely to rescue malls already deep in financial trouble.No more hands-on testing Macs and iPadsNeed a trip to the Apple store? 30% of them are closed, as Apple recloses stores in areas in the growing red zones.Meantime, many of the open ones won't let you play with the displays anymore, or do a hands-on test of MacBooks on the big open tables. You will need to ask an associate for help in those stores. CLICK HERE to find out if your store is open.One bright spot in all of this: If stores find school clothing and merchandise not moving well by the middle of August, expect huge markdowns later in the month, so you don't waste your money.____________________Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").Like" John Matarese Money on FacebookFollow John on Instagram @johnmataresemoneyFollow John on Twitter (@JohnMatarese)For more consumer news and money saving advice, go to www.dontwasteyourmoney.com 2924
WASHINGTON, D.C. – During a Thursday afternoon press conference, President Donald Trump defended the controversial comments he made during a Bob Woodward interview.In his new book, “Rage,” Woodward reports that Trump admitted he knew weeks before the country’s first COVID-19 death that the virus was dangerous, airborne, highly contagious and “more deadly than even your strenuous flus,” CNN and the Washington Post report.And in audio released of their March 19 interview, Trump is heard saying, “I wanted to always play it down. I still like playing it down, because I don’t want to create a panic.”Trump said Thursday that if Woodward thought him downplaying COVID-19 was bad, he should have reported his comments earlier."If Bob Woodward thought what I said was bad, then he should have immediately, right after I said it, gone out to the authorities, so they can prepare and let them know," he told reporters who asked why he lied to the American public.The president said he didn’t want to cause a panic.“You don’t want me jumping up and down, saying there’s going to be great death, and really causing some serious problems for the country,” said Trump.When asked if he will downplay COVID-19 again, Trump said, “I don’t want to jump up and down, and start screaming ‘death,’ ‘death,’ because that’s not what it’s about. We have to lead a country.”Watch the press conference below:Apart from Woodward’s book, Trump said that there will be a signing at the White House next week between United Arab Emirates (UAE) and Israel. He added that, “we could have another country added into that.”Trump also took the opportunity to attack his general election opponent, former Vice President Joe Biden, on the Obama administration’s handling of the swine flu. The president believes “countless more Americans would have died” if the Democratic nominee was president during the COVID-19 pandemic.Additionally, Trump touched on students returning to universities, where large outbreaks have been reported and schools have been forced to quarantine students and turn to online learning.“Based on the recent data from more than 20 colleges, not a single who student who has tested positive has been hospitalized,” said Trump.The press conference came after a The event comes after an active morning on Twitter, during which Trump talked about a variety of things, including Kim Jong Un’s “good health” and his interview with Woodward.Meanwhile, the country’s COVID-19 death toll is nearing 200,000 and Congress remains at a standstill regarding a fifth coronavirus rescue package.Thursday, Senate Democrats scuttled a scaled-back GOP package, saying the measure shortchanges too many pressing needs caused by the pandemic. The vote for the bill was 52-47, showcasing the partisan divide leading up to the general election.It’s likely lawmakers won’t settle on a deal before Election Day, The Associated Press reports. 2920