Why Giving Pot Pushers Access to Our Banks Is Dangerous

Thursday, October 24, 2019
The House of Representatives is about to consider a bill called The Safe Banking Act, which, like many titles of federal laws, is completely misleading. 
It should be called the “Let’s Pretend Marijuana Is Safe and Give Pot Pushers, Cartels, and Terrorist Organizations Access to Our Banking System” Act. 
Don’t hold your breath for a title change. Regardless of the title, the idea behind the act ignores reality and, if passed, will lead to disastrous results.
This bill is all about protecting people and businesses who openly commit federal crimes by selling marijuana, and rewarding them by giving them access to the most important banking system in the world to further give them the patina of legitimacy.
And at the same time the House is considering this bill, the data on the impact of the legalization experiment across the country is proving just what a dangerous and bad idea legalization has become.
The Rocky Mountain High Intensity Drug Trafficking Area report on the impact of legalization in Colorado is devastating for those pushing pot. The report found:
·          Traffic deaths where drivers tested positive for marijuana increased 109%
·         Traffic deaths involving drivers who tested positive for marijuana more than doubled between 2013 and 2018
·         The percentage of all Colorado traffic deaths that were marijuana related increased 15% in 2013 to 23% in 2018
·         Marijuana use in the past month for children ages 12 and up increased 58%, and is 78% higher than the national average
·         Adult marijuana use increased 94%, and is 96% higher than the national average
·         The yearly number of emergency room visits related to marijuana increased 54% after legalization
·         Marijuana-related hospitalizations increased 101% after legalization
·         Suicides where toxicology results were positive for marijuana increased from 14% in 2013 to 23% in 2017

The report also shows that the tax revenue from state-authorized marijuana sales, far from being a game-changer like pot pushers said it would be, amounted to around nine-tenths of 1% (000.9%) of Colorado’s fiscal year 2018 budget. Previous reports are just as bad. 

Pot Is a Schedule I Controlled Dangerous Substance for Good Reason

Passed in 1970, the Controlled Substances Act places marijuana in Schedule I, a category reserved for drugs that are medically unhelpful and dangerous. Schedule I drugs have a high potential for abuse, have no currently accepted medical use in treatment, and a lack of accepted safety for use even under medical supervision.

The fact that the act was controversial when it was adopted, and the debate over the proper treatment of cannabis has not quieted down since then, does not negate the fact that as of today, marijuana is on Schedule I.

As Heritage Foundation scholars have written elsewhere, Congress would be irresponsible to move marijuana out of Schedule I of the Controlled Substances Act without hearing from the nation’s finest scientific minds. 

States have passed so-called medical marijuana laws under the theory that pot has medicinal benefits that can’t be produced by other legal means. In making those claims, pot pushers want us to ignore the fact that today’s marijuana is one of the most genetically modified substances on the earth, has over 500 known carcinogens, has THC levels that dwarf the 1% or 2% levels from the 1970s (levels are now at 20-90% THC), and that there is zero quality, content, or dosage control in their products. 

They are also counting on you not knowing that there are already three FDA-approved THC drugs, and at least five more on the way.   

The dirty little secret they hide from you is that you don’t have to smoke marijuana, eat it in a brownie, or chew it in a marijuana-laced gummy bear to reap the medicinal benefits of THC. A doctor can write you a prescription for those drugs. They can’t write one for marijuana, because it is not a medicine

The three FDA-approved drugs are Marinol, Cesamet, and Syndros. Drugs like Syndros show great promise for countering today’s dangerous “medical marijuana” movement. The companies that sell those FDA-approved drugs do, and should have access to the federal banking system. But those who peddle pot, with sky-high genetically manipulated THC levels that have no medical benefit, shouldn’t.