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Joces
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2021-07-27
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2021-07-20
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Quantum Computing's CEO On Why Nasdaq Listing Matters
Quantum Computing Inc, a pure-play quantum software company,announcedits uplisting on the Nasdaq exc
Quantum Computing's CEO On Why Nasdaq Listing Matters
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2021-07-20
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2021-07-20
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'We Are More Than Due For Some Turbulence': Experts React To Stock Market's Worst Day In Months
The SPDR S&P 500 ETF Trust bounced off its early Monday lows but still closed down 1.4%, while the D
'We Are More Than Due For Some Turbulence': Experts React To Stock Market's Worst Day In Months
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2021-07-20
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2021-07-20
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2021-07-14
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2021-07-14
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Senators unveil plan to end federal prohibition of cannabis
Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D.
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please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171231968","repostId":"1119372656","repostType":4,"repost":{"id":"1119372656","kind":"news","pubTimestamp":1626743175,"share":"https://www.laohu8.com/m/news/1119372656?lang=&edition=full","pubTime":"2021-07-20 09:06","market":"us","language":"en","title":"Quantum Computing's CEO On Why Nasdaq Listing Matters","url":"https://stock-news.laohu8.com/highlight/detail?id=1119372656","media":"Benzinga","summary":"Quantum Computing Inc, a pure-play quantum software company,announcedits uplisting on the Nasdaq exc","content":"<p><b>Quantum Computing Inc</b>, a pure-play quantum software company,announcedits uplisting on the Nasdaq exchange last week.</p>\n<p>In light of the development, Benzinga caught up with <b>QCI CEO Robert Liscouski</b>.</p>\n<p><b>About:</b>The longer the code, the more difficult it is to process.</p>\n<p>That’s according to Liscouski, who says traditional computing devices struggle with the complex calculations involved in finding an arrangement to an optimized outcome.</p>\n<p>With quantum computing, data isrecorded and storedin different ways that enable faster and lower cost calculations.</p>\n<p><b>About Qatalyst:</b>QCI, in a move to expand the use of quantum computing beyond cybersecurity, AI, engineering and manufacturing, brings businesses its flagship product Qatalyst.</p>\n<p>Qatalyst is the first to drive computational results on any quantum or classical computer without complex programming or low-level coding, quantum experts or exorbitantly long and costly development cycles.</p>\n<p>Simply put, Qatalyst, which is available via the AWS cloud and Braket, allows businesses their first real opportunity to solve mission-critical problems with respect to supply chains, logistics, transportation and more.</p>\n<p><b>Liscouski On Innovation:</b>Given a background in law enforcement, intelligence, and technology, Liscouski said he can see where advanced technologies can make a difference operationally.</p>\n<p>“I have an understanding of big data problems at the operational level,” he said in a discussion on filling a niche in the nascent quantum software space.</p>\n<p>“We started this company over three years ago with the concept of trying to develop software for quantum computing.”</p>\n<p>In explaining QCI’s place in the market, Liscouski brings up the analogy of flip phones and smartphones.</p>\n<p>After smartphone hardware came along, a plethora of apps were developed, pushing the boundaries of what the hardware could do.</p>\n<p>“That’s the point where we’re at today,” he said. “We want to connect end-users with quantum computers to really stress them, to push the limits and boundaries of what they can do so ultimately they can be a useful technology.”</p>\n<p><b>Why QCI Uplisted:</b>To do so, QCI decided to list on the Nasdaq, thereby elevating its profile in the investment community.</p>\n<p>“After careful consideration, we chose the Nasdaq [as] they recognize the value of technology companies,” the CEO added.</p>\n<p>Now that the company is listed on a reputable, U.S.-based exchange, institutional investors will be more inclined to allocate sufficient capital to the nascent space, he said.</p>\n<p><b>Outlook:</b>QCI is filling a gap, allowing businesses operational use of quantum computers.</p>\n<p>Going forward, given a strong infrastructure and partnerships with organizations like Los Alamos National Laboratories, QCI will look to proof of concepts to show the efficacy and value of its approach.</p>\n<p>“We’re also focusing intently on a hybrid approach that a lot of the folks in the industry – Amazon included – are extremely focused on being able to leverage classical computing in the cloud with quantum computing in the cloud,” Liscouski said.</p>\n<p>“This is going to be a new frontier for technology and it doesn’t mean that it’s going to obliterate classical computing.”</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quantum Computing's CEO On Why Nasdaq Listing Matters</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ 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class=\"title\">\nQuantum Computing's CEO On Why Nasdaq Listing Matters\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 09:06 GMT+8 <a href=https://www.benzinga.com/news/21/07/22028132/exclusive-quantum-computings-ceo-on-why-nasdaq-listing-matters><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quantum Computing Inc, a pure-play quantum software company,announcedits uplisting on the Nasdaq exchange last week.\nIn light of the development, Benzinga caught up with QCI CEO Robert Liscouski.\n...</p>\n\n<a href=\"https://www.benzinga.com/news/21/07/22028132/exclusive-quantum-computings-ceo-on-why-nasdaq-listing-matters\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QUBT":"Quantum Computing Inc."},"source_url":"https://www.benzinga.com/news/21/07/22028132/exclusive-quantum-computings-ceo-on-why-nasdaq-listing-matters","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119372656","content_text":"Quantum Computing Inc, a pure-play quantum software company,announcedits uplisting on the Nasdaq exchange last week.\nIn light of the development, Benzinga caught up with QCI CEO Robert Liscouski.\nAbout:The longer the code, the more difficult it is to process.\nThat’s according to Liscouski, who says traditional computing devices struggle with the complex calculations involved in finding an arrangement to an optimized outcome.\nWith quantum computing, data isrecorded and storedin different ways that enable faster and lower cost calculations.\nAbout Qatalyst:QCI, in a move to expand the use of quantum computing beyond cybersecurity, AI, engineering and manufacturing, brings businesses its flagship product Qatalyst.\nQatalyst is the first to drive computational results on any quantum or classical computer without complex programming or low-level coding, quantum experts or exorbitantly long and costly development cycles.\nSimply put, Qatalyst, which is available via the AWS cloud and Braket, allows businesses their first real opportunity to solve mission-critical problems with respect to supply chains, logistics, transportation and more.\nLiscouski On Innovation:Given a background in law enforcement, intelligence, and technology, Liscouski said he can see where advanced technologies can make a difference operationally.\n“I have an understanding of big data problems at the operational level,” he said in a discussion on filling a niche in the nascent quantum software space.\n“We started this company over three years ago with the concept of trying to develop software for quantum computing.”\nIn explaining QCI’s place in the market, Liscouski brings up the analogy of flip phones and smartphones.\nAfter smartphone hardware came along, a plethora of apps were developed, pushing the boundaries of what the hardware could do.\n“That’s the point where we’re at today,” he said. “We want to connect end-users with quantum computers to really stress them, to push the limits and boundaries of what they can do so ultimately they can be a useful technology.”\nWhy QCI Uplisted:To do so, QCI decided to list on the Nasdaq, thereby elevating its profile in the investment community.\n“After careful consideration, we chose the Nasdaq [as] they recognize the value of technology companies,” the CEO added.\nNow that the company is listed on a reputable, U.S.-based exchange, institutional investors will be more inclined to allocate sufficient capital to the nascent space, he said.\nOutlook:QCI is filling a gap, allowing businesses operational use of quantum computers.\nGoing forward, given a strong infrastructure and partnerships with organizations like Los Alamos National Laboratories, QCI will look to proof of concepts to show the efficacy and value of its approach.\n“We’re also focusing intently on a hybrid approach that a lot of the folks in the industry – Amazon included – are extremely focused on being able to leverage classical computing in the cloud with quantum computing in the cloud,” Liscouski said.\n“This is going to be a new frontier for technology and it doesn’t mean that it’s going to obliterate classical computing.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171233309,"gmtCreate":1626745490501,"gmtModify":1631890951341,"author":{"id":"4088507078206060","authorId":"4088507078206060","name":"Joces","avatar":"https://static.tigerbbs.com/fe1cc1049e3a5cdd7a9dd7910ab81066","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088507078206060","authorIdStr":"4088507078206060"},"themes":[],"htmlText":"Like and reply please!","listText":"Like and reply please!","text":"Like and reply please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171233309","repostId":"1118132702","repostType":4,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171239273,"gmtCreate":1626745469292,"gmtModify":1631890951356,"author":{"id":"4088507078206060","authorId":"4088507078206060","name":"Joces","avatar":"https://static.tigerbbs.com/fe1cc1049e3a5cdd7a9dd7910ab81066","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088507078206060","authorIdStr":"4088507078206060"},"themes":[],"htmlText":"Like and reply please!","listText":"Like and reply please!","text":"Like and reply please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171239273","repostId":"1128021964","repostType":4,"repost":{"id":"1128021964","kind":"news","pubTimestamp":1626744033,"share":"https://www.laohu8.com/m/news/1128021964?lang=&edition=full","pubTime":"2021-07-20 09:20","market":"us","language":"en","title":"'We Are More Than Due For Some Turbulence': Experts React To Stock Market's Worst Day In Months","url":"https://stock-news.laohu8.com/highlight/detail?id=1128021964","media":"Benzinga","summary":"The SPDR S&P 500 ETF Trust bounced off its early Monday lows but still closed down 1.4%, while the D","content":"<p>The <b>SPDR S&P 500 ETF Trust</b> bounced off its early Monday lows but still closed down 1.4%, while the Dow Jones Industrial Average dropped 725 points for its worst day of 2021.</p>\n<p>The primary catalyst driving the market lower appears to be a rise in COVID-19 cases (specifically in regards to the Delta variant) and the potential for another wave of infections to derail the global economic recovery.</p>\n<p>Last week, the U.S. averaged 30,000 new COVID cases over a seven-day stretch, up sharply from the 11,000 cases it was averaging a month ago. At the same time, oil prices dropped after OPEC and its global allies agreed to start phasing out production cuts starting in August. The new plan calls for 5.8 million barrels per day of oil production to return completely by September 2022.</p>\n<p><b>Cramer’s Take:</b>CNBC's Jim Cramer said <b>COVID-19 numbers and oil prices are a devastating one-two punch for stock prices</b>.</p>\n<p>“Market liked covid down and oil up..not getting what it wants,”Cramer tweeted.</p>\n<p>However, Cramer urged long-term investors to look beyond the recent spike in COVID cases.</p>\n<p>“I just think that where we are there’s just so much fear in the market, and I just think that the asymptomatic [COVID] is not as dangerous, the deaths are not going up that much. So I’m not buying that this is the end of the bull market,”Cramer said.</p>\n<p><b>Keeping Perspective:</b>Ryan Detrick, Chief Market Strategist for LPL Financial, said <b>investors should remember to keep the market sell-off in perspective</b>.</p>\n<p>“Fears over peak economic data and a resurgence in COVID cases has the market on edge today. Of course, don't forget that the S&P 500 hasn't had a 5% correction since October, so you could say we are more than due for some turbulence,” Detrick said.</p>\n<p>Peter Essele, Head of Investment Management for Commonwealth Financial Network, said <b>the decline in 10-year U.S. Treasury yields to near their lowest levels of the year on Monday was indicative of the market’s collective flight to safety</b>.</p>\n<p>“Fear of stagflation will be a major concern for investors if a resurgence in COVID infections causes economies to slow while consumer prices continue an upward trajectory. The strong performance of inflation-linked bonds as of late may be an indication that those fears are setting in, with the bus already having left the station,” Essele said.</p>\n<p><b>Benzinga’s Take:</b>It certainly feels scary when the market drops 1.4% in a single day. But the current COVID-19 vaccines have been shown to be extremely effective against all variants of the virus, and theWorld Health Organizationhas said most vaccinated people who test positive for the delta strain of COVID are asymptomatic.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'We Are More Than Due For Some Turbulence': Experts React To Stock Market's Worst Day In Months</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'We Are More Than Due For Some Turbulence': Experts React To Stock Market's Worst Day In Months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 09:20 GMT+8 <a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22044985/we-are-more-than-due-for-some-turbulence-experts-react-to-stock-markets-worst-day-i><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The SPDR S&P 500 ETF Trust bounced off its early Monday lows but still closed down 1.4%, while the Dow Jones Industrial Average dropped 725 points for its worst day of 2021.\nThe primary catalyst ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22044985/we-are-more-than-due-for-some-turbulence-experts-react-to-stock-markets-worst-day-i\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/07/22044985/we-are-more-than-due-for-some-turbulence-experts-react-to-stock-markets-worst-day-i","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128021964","content_text":"The SPDR S&P 500 ETF Trust bounced off its early Monday lows but still closed down 1.4%, while the Dow Jones Industrial Average dropped 725 points for its worst day of 2021.\nThe primary catalyst driving the market lower appears to be a rise in COVID-19 cases (specifically in regards to the Delta variant) and the potential for another wave of infections to derail the global economic recovery.\nLast week, the U.S. averaged 30,000 new COVID cases over a seven-day stretch, up sharply from the 11,000 cases it was averaging a month ago. At the same time, oil prices dropped after OPEC and its global allies agreed to start phasing out production cuts starting in August. The new plan calls for 5.8 million barrels per day of oil production to return completely by September 2022.\nCramer’s Take:CNBC's Jim Cramer said COVID-19 numbers and oil prices are a devastating one-two punch for stock prices.\n“Market liked covid down and oil up..not getting what it wants,”Cramer tweeted.\nHowever, Cramer urged long-term investors to look beyond the recent spike in COVID cases.\n“I just think that where we are there’s just so much fear in the market, and I just think that the asymptomatic [COVID] is not as dangerous, the deaths are not going up that much. So I’m not buying that this is the end of the bull market,”Cramer said.\nKeeping Perspective:Ryan Detrick, Chief Market Strategist for LPL Financial, said investors should remember to keep the market sell-off in perspective.\n“Fears over peak economic data and a resurgence in COVID cases has the market on edge today. Of course, don't forget that the S&P 500 hasn't had a 5% correction since October, so you could say we are more than due for some turbulence,” Detrick said.\nPeter Essele, Head of Investment Management for Commonwealth Financial Network, said the decline in 10-year U.S. Treasury yields to near their lowest levels of the year on Monday was indicative of the market’s collective flight to safety.\n“Fear of stagflation will be a major concern for investors if a resurgence in COVID infections causes economies to slow while consumer prices continue an upward trajectory. The strong performance of inflation-linked bonds as of late may be an indication that those fears are setting in, with the bus already having left the station,” Essele said.\nBenzinga’s Take:It certainly feels scary when the market drops 1.4% in a single day. But the current COVID-19 vaccines have been shown to be extremely effective against all variants of the virus, and theWorld Health Organizationhas said most vaccinated people who test positive for the delta strain of COVID are asymptomatic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171239980,"gmtCreate":1626745454240,"gmtModify":1631890951361,"author":{"id":"4088507078206060","authorId":"4088507078206060","name":"Joces","avatar":"https://static.tigerbbs.com/fe1cc1049e3a5cdd7a9dd7910ab81066","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088507078206060","authorIdStr":"4088507078206060"},"themes":[],"htmlText":"Like and reply please!","listText":"Like and reply please!","text":"Like and reply please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171239980","repostId":"1166803291","repostType":4,"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171230755,"gmtCreate":1626745444477,"gmtModify":1631890951375,"author":{"id":"4088507078206060","authorId":"4088507078206060","name":"Joces","avatar":"https://static.tigerbbs.com/fe1cc1049e3a5cdd7a9dd7910ab81066","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088507078206060","authorIdStr":"4088507078206060"},"themes":[],"htmlText":"Like and reply please!","listText":"Like and reply please!","text":"Like and reply please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171230755","repostId":"2152652683","repostType":4,"isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144079183,"gmtCreate":1626256965942,"gmtModify":1631890951385,"author":{"id":"4088507078206060","authorId":"4088507078206060","name":"Joces","avatar":"https://static.tigerbbs.com/fe1cc1049e3a5cdd7a9dd7910ab81066","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088507078206060","authorIdStr":"4088507078206060"},"themes":[],"htmlText":"Like and share pls thx!","listText":"Like and share pls thx!","text":"Like and share pls 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thx!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/144070212","repostId":"1126687531","repostType":4,"repost":{"id":"1126687531","kind":"news","pubTimestamp":1626255635,"share":"https://www.laohu8.com/m/news/1126687531?lang=&edition=full","pubTime":"2021-07-14 17:40","market":"us","language":"en","title":"Senators unveil plan to end federal prohibition of cannabis","url":"https://stock-news.laohu8.com/highlight/detail?id=1126687531","media":"finance.yahoo","summary":"Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D.","content":"<p>Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of marijuana. The senators will detail their plan at a press conference on July 14.</p>\n<p>The proposal— known as the Cannabis Administration and Opportunity Act — calls for removing cannabis from the federal list of controlled substances, allowing states to make their own decisions on cannabis. Many states have already moved to legalize recreational or medicinal marijuana use, but it still remains illegal under federal law.</p>\n<p>\"By ending the failed federal prohibition of cannabis, the Cannabis Administration and Opportunity Act will ensure that Americans – especially Black and Brown Americans – no longer have to fear arrest or be barred from public housing or federal financial aid for higher education for using cannabis in states where it’s legal,\" reads the discussion draft. \"State-compliant cannabis businesses will finally be treated like other businesses and allowed access to essential financial services, like bank accounts and loans. Medical research will no longer be stifled.\"</p>\n<p><img src=\"https://static.tigerbbs.com/900717536078796fae6f2dc33035fa23\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Servers prepare drinks for guests in front of three of the 50 cash registers at a VIP Event at Planet 13, which has an over-the-top superstore dispensary in Las Vegas, is opening what's billed as the \"second-largest cannabis superstore in the world\" on June 24, 2021 in Santa Ana, CA. (Gary Coronado / Los Angeles Times via Getty Images)More</p>\n<p>The proposal establishes 21 as the minimum age to purchase cannabis and limits retail sales to no more than 10 ounces of cannabis. It calls for federal agencies to research the impacts of cannabis use, legalization and cannabis-impaired driving — including research to establish an impairment standard for driving under the influence of cannabis.</p>\n<p>The Democratic trio has been working on the legislation for months. In an interview withYahoo Financeshortly after they announced their plan to work on the proposal, Sen. Wyden said Congress should \"finally recognize that the War on Drugs has failed.\"</p>\n<p>The plan would require expungement of federal non-violent cannabis convictions and encourage state and local governments to do the same. It would keep people from being denied federal benefits — such as housing or federal financial aid — because of cannabis use or possession. People who are not U.S. citizens could not be denied benefits or protection under immigration laws.</p>\n<p>The plan would also create new grant programs to fund nonprofits that help people who have been \"adversely impacted by the War on Drugs.\" It would make loans available to small businesses in the cannabis industry and help states and localities implement cannabis licensing programs.</p>\n<p><img src=\"https://static.tigerbbs.com/576fdad87970d904104ffbbba3f26400\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">People congregate on Union Square for Annual Cannabis rally to celebrate legalization of recreational marijuana in New York State. There was free distribution of joints for those who showed vaccination proof as well as signing up. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images)MoreExcise taxes</p>\n<p>The plan would impose an excise tax on cannabis products, similar to how the government taxes alcohol and tobacco. The general tax rate would be 10% for the year it's enacted and the full year after. It would gradually rise each year to 25%. Starting in the fifth year, the Treasury Secretary would set a rate based on quantity sold or milligrams of THC. Rates would be based on prevailing price of cannabis sold in the U.S. the prior year.</p>\n<p>Cannabis producers with less than $20 million in sales annually would be eligible for a tax credit to reduce their rate by 50%.</p>\n<p>\"When you can legalize something like this — where millions of millions of Americans have already voted that way — that can be a real plus for the economy. Certainly it can be a real plus for small businesses, for communities of color,\" said Wyden in an interview with Yahoo Finance in February.</p>\n<p><img src=\"https://static.tigerbbs.com/e9bf4362c536ae71901cef6d287fbec8\" tg-width=\"705\" tg-height=\"519\" referrerpolicy=\"no-referrer\">Cannabis Administration and Opportunity Act, Sens. Booker, Wyden, and Schumer</p>\n<p>President Joe Biden backed decriminalization of marijuana on the campaign trail, but the White House has not backed legalization efforts. In December, the Housepassed the MORE Act— which would remove marijuana from the controlled substance list and create restorative justice programs. Earlier this year, Rep. Jerry Nadler (D., N.Y.)reintroducedthe legislation.</p>\n<p>The senators are asking for input on the proposal by Sept. 1, so they can consider feedback before crafting the final bill. The proposal faces a difficult vote in the evenly-divided Senate.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Senators unveil plan to end federal prohibition of cannabis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSenators unveil plan to end federal prohibition of cannabis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 17:40 GMT+8 <a href=https://finance.yahoo.com/news/senators-unveil-plan-to-end-federal-prohibition-of-cannabis-093005691.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/senators-unveil-plan-to-end-federal-prohibition-of-cannabis-093005691.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","TLRY":"Tilray Inc."},"source_url":"https://finance.yahoo.com/news/senators-unveil-plan-to-end-federal-prohibition-of-cannabis-093005691.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126687531","content_text":"Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of marijuana. The senators will detail their plan at a press conference on July 14.\nThe proposal— known as the Cannabis Administration and Opportunity Act — calls for removing cannabis from the federal list of controlled substances, allowing states to make their own decisions on cannabis. Many states have already moved to legalize recreational or medicinal marijuana use, but it still remains illegal under federal law.\n\"By ending the failed federal prohibition of cannabis, the Cannabis Administration and Opportunity Act will ensure that Americans – especially Black and Brown Americans – no longer have to fear arrest or be barred from public housing or federal financial aid for higher education for using cannabis in states where it’s legal,\" reads the discussion draft. \"State-compliant cannabis businesses will finally be treated like other businesses and allowed access to essential financial services, like bank accounts and loans. Medical research will no longer be stifled.\"\nServers prepare drinks for guests in front of three of the 50 cash registers at a VIP Event at Planet 13, which has an over-the-top superstore dispensary in Las Vegas, is opening what's billed as the \"second-largest cannabis superstore in the world\" on June 24, 2021 in Santa Ana, CA. (Gary Coronado / Los Angeles Times via Getty Images)More\nThe proposal establishes 21 as the minimum age to purchase cannabis and limits retail sales to no more than 10 ounces of cannabis. It calls for federal agencies to research the impacts of cannabis use, legalization and cannabis-impaired driving — including research to establish an impairment standard for driving under the influence of cannabis.\nThe Democratic trio has been working on the legislation for months. In an interview withYahoo Financeshortly after they announced their plan to work on the proposal, Sen. Wyden said Congress should \"finally recognize that the War on Drugs has failed.\"\nThe plan would require expungement of federal non-violent cannabis convictions and encourage state and local governments to do the same. It would keep people from being denied federal benefits — such as housing or federal financial aid — because of cannabis use or possession. People who are not U.S. citizens could not be denied benefits or protection under immigration laws.\nThe plan would also create new grant programs to fund nonprofits that help people who have been \"adversely impacted by the War on Drugs.\" It would make loans available to small businesses in the cannabis industry and help states and localities implement cannabis licensing programs.\nPeople congregate on Union Square for Annual Cannabis rally to celebrate legalization of recreational marijuana in New York State. There was free distribution of joints for those who showed vaccination proof as well as signing up. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images)MoreExcise taxes\nThe plan would impose an excise tax on cannabis products, similar to how the government taxes alcohol and tobacco. The general tax rate would be 10% for the year it's enacted and the full year after. It would gradually rise each year to 25%. Starting in the fifth year, the Treasury Secretary would set a rate based on quantity sold or milligrams of THC. Rates would be based on prevailing price of cannabis sold in the U.S. the prior year.\nCannabis producers with less than $20 million in sales annually would be eligible for a tax credit to reduce their rate by 50%.\n\"When you can legalize something like this — where millions of millions of Americans have already voted that way — that can be a real plus for the economy. Certainly it can be a real plus for small businesses, for communities of color,\" said Wyden in an interview with Yahoo Finance in February.\nCannabis Administration and Opportunity Act, Sens. Booker, Wyden, and Schumer\nPresident Joe Biden backed decriminalization of marijuana on the campaign trail, but the White House has not backed legalization efforts. In December, the Housepassed the MORE Act— which would remove marijuana from the controlled substance list and create restorative justice programs. Earlier this year, Rep. Jerry Nadler (D., N.Y.)reintroducedthe legislation.\nThe senators are asking for input on the proposal by Sept. 1, so they can consider feedback before crafting the final bill. The proposal faces a difficult vote in the evenly-divided Senate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}