Politics

10168 readers

13 users here now

In-depth political discussion from around the world; if it's a political happening, you can post it here.

Guidelines for submissions:

Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
Do not post ragebait or shock stories. These will be removed.
Do not post tabloid or blogspam stories. These will be removed.
Social media should be a source of last resort.

These guidelines will be enforced on a know-it-when-I-see-it basis.

Subcommunities on Beehaw:

Socialism

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

alyaza@beehaw.org

TheRtRevKaiser@beehaw.org

circularfish@beehaw.org

knokelmaat@beehaw.org

remington@beehaw.org

224

Mastercard Move at Cannabis Shops Intensifies Call for US Decriminalization (www.commondreams.org)

submitted 1 year ago by trashhalo@beehaw.org to c/politics@beehaw.org

19 comments fedilink hide all child comments

Mastercard's recent decision to prohibit the use of its debit cards at cannabis dispensaries highlights the challenges facing the legal marijuana industry. While the SAFE Banking Act would protect banks that work with cannabis businesses, it would not address the underlying issue of marijuana's federal illegality which was Mastercard's stated reason for the policy change. Advocates argue that comprehensive federal cannabis reform through decriminalization and legalization is ultimately needed to resolve these financial and banking issues plaguing the legal marijuana industry. Mastercard's move demonstrates that piecemeal reforms are insufficient and that full federal decriminalization is the only sustainable solution.

I hope in my lifetime we will see federal decriminalization. Enough already!

you are viewing a single comment's thread
view the rest of the comments

[–] housepanther@lemmy.goblackcat.com 6 points 1 year ago (1 children)

Who would've thought that MasterCard would be the unlikely ally. Well, more to the point, their greedy noses are smelling money. If it just happens to have a faint hint of ganja, so be it! Well, I guess MasterCard may be a friend here, in as much as a corporation really could be at any rate.

[–] psudo@beehaw.org 61 points 1 year ago (2 children)

I think you misread the headline: "[MasterCard] announced this week that it has instructed U.S. financial institutions to stop allowing customers to use its debit cards to purchase marijuana products at cannabis stores..."

[–] 001100010010@lemmy.dbzer0.com 10 points 1 year ago* (last edited 1 year ago) (3 children)

Honestly, our attention span is so fucked, most of us only read headlines.

Source: Me, I read headlines most of the time. Too depressed to read a full article.

[–] qprimed@lemmy.ml 6 points 1 year ago* (last edited 1 year ago)

thats how they win, fellow person of earth. don't let them steal your joy and the power of information.

[–] Aggy@kbin.social 6 points 1 year ago

I often stop at the headline because reading the whole article will make me depressed.

[–] millie@beehaw.org 1 points 1 year ago

This seems like a great way to spread misinformation.

[–] HumbleHobo@beehaw.org 9 points 1 year ago

I'm no journalist, but that headline is a bit of a mess, come on CommonDreams, gotta step up their headline game more.