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A large majority of Americans70 percent, according to the latest Gallup pollsupport marijuana legalization, and that sentiment is especially strong among younger voters. Gallup found that 79 percent of 18-to-34-year-olds thought marijuana should be legal, compared to 64 percent of adults 55 or older. Similarly, a Pew Research Center survey found that support for legalization was inversely correlated with age. It therefore makes sense that President Joe Biden, who has generated little enthusiasm among Americans of any age group, would try to motivate young voters by touting his support for “marijuana reform.”

The problem for Biden, a longtime drug warrior who is now presenting himself as a reformer, is that his position on marijuana falls far short of repealing federal prohibition, which is what most Americans say they want. His outreach attempts have clumsily obfuscated that point, as illustrated by a video that Vice President Kamala Harris posted on X (formerly Twitter) earlier this month.

“In 2020,” Harris writes in her introduction, “young voters turned out in record numbers to make a difference. Let’s do it again in 2024.” The video highlights “the largest investment in climate action in history,” cancellation of “$132 billion in student debt,” “the first major gun safety legislation in nearly 30 years,” and $7 billion in subsidies for historically black colleges and universities. Then Harris says this: “We changed federal marijuana policy, because nobody should have to go to jail just for smoking weed.” That gloss is misleading in several ways.

Biden has not actually “changed federal marijuana policy.” His two big moves in this area were a mass pardon for people convicted of simple possession under federal law and a directive that may soon result in moving marijuana from Schedule I of the Controlled Substances Act, a category supposedly reserved for drugs with a high abuse potential and no recognized medical use that cannot be used safely even under a doctor’s supervision, to Schedule III, which includes prescription drugs such as ketamine, Tylenol with codeine, and anabolic steroids.

Although Harris, echoing Biden, says “nobody should have to go to jail just for smoking weed,” that rarely happens. Biden’s pardons, which excluded people convicted of growing or distributing marijuana, did not free a single prisoner, and they applied to a tiny fraction of possession cases, which are typically prosecuted under state law.

When he announced the pardons in October 2022, Biden noted that “criminal records for marijuana possession” create “needless barriers to employment, housing, and educational opportunities.” But his pardons do not remove those barriers. They do not entail expungement of marijuana records, which is currently not possible under federal law. The certificates that pardon recipients can obtain might carry weight with landlords or employers, but there is no guarantee of that.

Biden’s pardons also did not change federal law, which still treats simple marijuana possession as a misdemeanor punishable by a minimum $1,000 fine and up to a year in jail. So people can still be arrested for marijuana possession under federal law, even if they are unlikely to serve time for that offense (which would be true with or without Biden’s pardons). The pardons that Biden announced on October 6, 2022, appliedonly to offenses committed “on or before the date of this proclamation.” When he expanded those pardons on December 22, 2023, that became the new cutoff.

Marijuana use still can disqualify people from federal housing and food assistance. Under immigration law, marijuana convictions are still a bar to admission, legal residence, and citizenship. And cannabis consumers, even if they live in states that have legalized marijuana, are still prohibited from possessing firearms under 18 USC 922(g)(3), which applies to any “unlawful user” of a “controlled substance.”

The Biden administration has stubbornly defended that last policy against Second Amendment challenges in federal court, where government lawyers have likened cannabis consumers to dangerous criminalsand “lunatics.” Worse, Biden signed the Bipartisan Safer Communities Act of 2022, which increased the maximum prison sentence for marijuana users who own guns from 10 years to 15 years and created a new potential charge against them, which likewise can be punished by up to 15 years behind bars. This is the very same law that Harris touts as “the first major gun safety legislation in nearly 30 years.”

Biden, in short, has neither “decriminalize[d] the use of marijuana” nor “automatically expunge[d] all marijuana use convictions,” as Harris promised on the campaign trail. Both of those steps would require congressional action that Biden has done little to promote.

What about rescheduling? A recent poll commissioned by the Coalition for Cannabis Scheduling Reform,Marijuana Moment reports, found that “voters’ impression of the president jumped a net 11 points” after they were informed about “the implications of the rescheduling review that the president initiated.” That included “an 11-point favorability swing among young voters 18-25,” who “will be critical to his reelection bid.”

But let’s not get too excited.Since rescheduling has not happened yet, it is not true that Biden “changed federal marijuana policy” in this area either. And assuming that the Drug Enforcement Administration moves marijuana to Schedule III, as the Department of Health and Human Services recommended last August in response to Biden’s directive, the practical impact would be limited. Rescheduling would facilitate medical research, and it would allow state-licensed marijuana suppliers to deduct business expenses when they file their federal tax returns, which is currently prohibited under Section 280E of the Internal Revenue Code.

Even after rescheduling, however, marijuana businesses would remain criminal enterprises under federal law, which makes it hard for them to obtain financial services and exposes them to the risk of prosecution and asset forfeiture. For businesses that serve recreational consumers, prosecutorial discretion is the only protection against that risk. Cannabis consumers would still have no legally recognized right to own guns, and people who work in the cannabis industry would still face other disabilities under federal law, including life-disrupting consequences for immigrants. Rescheduling would not even make marijuana legally available as a prescription medicine, which would require approval of specific products by the Food and Drug Administration.

In response to overwhelming public support for marijuana legalization, in other words, Biden has made modest moves that leave federal prohibition essentially untouched. While he does not have the authority to unilaterally deschedule marijuana, he cannot even bring himself to support legislation that would do that. Why not?

During the 2020 campaign, Biden echoed seven decades of anti-pot propaganda, saying he was worried that marijuana might be a “gateway” to other, more dangerous drugs. “The truth of the matter is, there’s not nearly been enough evidence that has been acquired as to whether or not it is a gateway drug,” he said. “It’s a debate, and I want a lot more before I legalize it nationally. I want to make sure we know a lot more about the science behind it….It is not irrational to do more scientific investigation to determine, which we have not done significantly enough, whether or not there are any things that relate to whether it’s a gateway drug or not.”

After Biden took office, his press secretary confirmed that his thinking had not changed. “He spoke about this on the campaign,” she said. “He believes in decriminalizing the use of marijuana, but his position has not changed.”

Biden’s rationale for opposing legalization is the same line of argument that Harry J. Anslinger, who headed the Federal Bureau of Narcotics from 1930 to 1962, began pushing in the early 1950s after retreating from his oft-reiterated claim that marijuana causes murderous madness. “Over 50 percent of those oung [heroin] addicts started on marijuana smoking,” hetolda congressional committee in 1951. “They started there and graduated to heroin; they took the needle when the thrill of marijuana was gone.”

Anslinger reiterated that point four years later, when he testified in favor of stricter penalties for marijuana offenses. “While we are discussing marijuana,” a senator said, “the real danger there is that the use of marijuana leads many people eventually to the use of heroin.” Anslingeragreed: “That is the great problem and our great concern about the use of marijuana, that eventually if used over a long period, it does lead to heroin addiction.”

Since then, a great deal of research has examined this issue, which is complicated by confounding variables that make the distinction between correlation and causation elusive. Biden nevertheless thinks “more scientific investigation” will reach a definitive conclusion. If he won’t support legalization until we know for sure whether marijuana is a “gateway drug,” he will never support legalization.

The supposedly reformed drug warrior’s intransigence on this issue poses an obvious challenge for Harris, a belated legalization supporter who is trying to persuade voters who take the same view that Biden is simpatico. Marijuana Moment reports that Harris’ staff recently has been reaching out to marijuana pardon recipients, “seeking assurance that the Justice Department certification process is going smoothly and engaging in broader discussions about cannabis policy reform.”

According to Chris Goldstein, a marijuana activist who was pardoned for a 2014 possession conviction, the vice president’s people get it. Goldstein was “surprised by how up to speed and nice everybody was,” he told Marijuana Moment. “Her staff really did know the difference between rescheduling [and] descheduling, and they were interested to talk about it.”

No doubt Biden also understands the difference. The problem is that he supports the former but not the latter, which he rejects for Anslinger-esque reasons. Cheery campaign videos cannot disguise that reality.

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Cincinnati freshman lineman dies; no cause given

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Cincinnati freshman lineman dies; no cause given

Cincinnati freshman football player Jeremiah Kelly, an early enrollee who went through spring practice with the team, died unexpectedly Tuesday morning at his residence.

The school didn’t disclose a cause of death.

Kelly, an 18-year-old offensive lineman from Avon, Ohio, helped his high school team to a 16-0 record and a state championship last fall.

“The Bearcats football family is heartbroken by the sudden loss of this outstanding young man,” Cincinnati coach Scott Satterfield said in a statement. “In the short time Jeremiah has spent with our team, he has made a real impact, both on the field and in our locker room. My prayers are with the Kelly family and those who had the pleasure of knowing Jeremiah.”

Cincinnati completed its spring practice session last week.

“We’ve suffered a heartbreaking loss today,” Cincinnati athletic director John Cunningham said in a statement. “All of us at UC send our love and prayers to the Kelly family and we will do everything that we can to support them and our Bearcats student-athletes in the difficult days and weeks ahead.”

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UCLA’s Foster goes with ‘gut’ in getting Iamaleava

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UCLA's Foster goes with 'gut' in getting Iamaleava

LOS ANGELES — UCLA coach DeShaun Foster said Tuesday that the Bruins just couldn’t pass up the opportunity to get “the No. 1 player in the portal” in former Tennessee quarterback Nico Iamaleava.

In his first comments since Iamaleava’s tumultuous transfer was announced Sunday, Foster said he and the rest of his staff were able to sift through the noise surrounding Iamaleava’s exit from Tennessee, which included reports of increased financial demands from his representation and missed practices.

“You just have to go with your gut and with the people that you trust,” Foster said. “You can’t just read everything on social media and come to a conclusion from that. You have to do a little bit more homework. So I think we did a good job in vetting and figuring out what we wanted to do, and we were able to execute and now we’re here.”

Iamaleava, a five-star prospect from Long Beach, California, was recruited by UCLA out of high school. He entered the portal last Wednesday, and Foster said the familiarity between the two parties helped facilitate the process.

“If it wasn’t a local kid, it would’ve been a little bit more difficult,” Foster said. “But being able to see him play in high school and evaluating that film at Tennessee wasn’t hard to do. A lot of the kids on the team know him and have played with him.”

Foster said Iamaleava won’t be able to join the Bruins until this summer.

Iamaleava was earning $2.4 million with the Vols under the contract he signed with Spyre Sports Group, the Tennessee-based collective, when he was still in high school. The deal would have paid him in the $10 million range altogether had he stayed four years at Tennessee.

Sources told ESPN’s Chris Low that Iamaleava’s representatives wanted a deal in the $4 million range for him to stay at Tennessee for a third season.

When asked to characterize Iamaleava’s NIL deal with UCLA, Foster simply called it “successful” and added that he did not think money played a role in any player staying or going.

“I don’t know what he was looking for or whatnot,” Foster said of Iamaleava’s NIL package. “I know that he accepted our contract and he wants to be a Bruin, so that’s all I’m focused on. He wants to be here, and we’re excited.”

Foster said that once the commitment was secured, he informed quarterback Joey Aguilar, who had transferred to Westwood from App State and was seemingly in line to take over as the Bruins’ starting quarterback this season. According to Foster, Aguilar’s NIL package was not needed to fulfill Iamaleava’s own deal, and he provided Aguilar with the opportunity to stay and compete for the starting job.

Aguilar entered the transfer portal Monday and, according to ESPN sources, is set to transfer to Tennessee.

“When I was in the NFL, they drafted a running back every year,” Foster said. “Every year I was [at UCLA] as a running back, they recruited more running backs to come here. So, this is a competition sport for coaches, players, everybody.”

As college football begins to more resemble the NFL model, Foster said he expects multiyear deals between players and programs to become an eventual reality. For now, he credited the program’s main collective “Bruins for Life” for allowing UCLA to be in conversations with players they could not be in before.

“I haven’t lost anybody this portal to money. We’ve been able to actually offer people the same amount or even more than what other people have offered them,” Foster said. “You want to be in conversations, you want to play big-time ball, you want to have haters, you want all of this stuff because that means that you’re trending in the right direction.”

UCLA is coming off a 5-7 season in which its offense struggled. The Bruins finished 14th in scoring offense and 12th in total offense in Big Ten play. At Tennessee, Iamaleava threw for 2,619 yards and 19 touchdowns last season and helped lead the Volunteers to a spot in the College Football Playoff.

“This is a good buzz for us,” Foster said. “Keeping the local kids here — a big-time recruit — letting them know that you don’t have to go to certain conferences to be successful and make it to the NFL. You can do it right here in California.”

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Tesla short sellers have made $11.5 billion from this year’s selloff

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Tesla short sellers have made .5 billion from this year's selloff

It’s been a brutal year for Tesla shareholders so far, and a hugely profitable one for short sellers, who bet on a decline in the company’s stock price.

Tesla shorts have generated $11.5 billion in mark-to-market profits in 2025, according to data from S3 Partners. The data reflected Monday’s closing price of $227.50, at which point Tesla shares were down 44% for the year.

The stock rallied about 4% on Tuesday, along with gains in the broader market, heading into Tesla’s first-quarter earnings report after the close of trading. Tesla didn’t immediately respond to a request for comment.

The electric vehicle maker is expected to report a slight decline in year-over-year revenue weeks after announcing a 13% drop in vehicle deliveries for the quarter. With CEO Elon Musk playing a central role in President Donald Trump’s administration, responsible for dramatically cutting the size and capacity of the federal government, Tesla has faced widespread protests in the U.S. and Europe, where Musk has actively supported Germany’s far-right AfD party.

Tesla shares plummeted 36% in the first quarter, their worst performance for any period since 2022, and have continued to drop in April, largely on concerns that President Trump’s sweeping tariffs on top trade partners will increase the cost of parts and materials crucial for EV production, including manufacturing equipment, automotive glass, printed circuit boards and battery cells.

The company is also struggling to keep pace with lower-cost competitors in China, and is a laggard in the robotaxi market, which is currently dominated in the U.S. by Alphabet’s Waymo. Tesla has promised to launch its first driverless ride-hailing offering in Austin, Texas, in June.

Tesla has been the biggest stock decliner among tech megacaps this year, followed by Nvidia, which was down about 28% as of Monday’s close. The chipmaker has been the second-best profit generator for short sellers, generating returns of $9.4 billion, according to S3.

Nvidia is currently the most-shorted stock in terms of value, with $24.6 billion worth sold short, S3 said. Apple is second at $22.2 billion, and Tesla is third at $17.6 billion.

Musk has a long and antagonistic history with short sellers, who have made plenty of money at times during Tesla’s 15 years on the stock market, but have also been burned badly for extended stretches.

In 2020, Tesla publicly mocked short sellers, promoting red satin shorts for sale.

“Limited edition shorts now available at Tesla.com/shortshorts” Musk wrote in a social media post in July of that year, as the stock was in the midst of a steep rally.

Two years earlier, hedge fund manager David Einhorn of Greenlight Capital posted a tweet that he received the pairs of short shorts that Musk had promised him.

“I want to thank @elonmusk for the shorts. He is a man of his word!” Einhorn wrote. Einhorn had previously disclosed that his firm’s bet against Tesla “was our second biggest loser” in the most recent quarter.

In February 2022, after reports surfaced that the Department of Justice was investigating two investors who had shorted Tesla’s stock, Musk told CNBC that he was “greatly encouraged” by the action and said “hedge funds have used short selling and complex derivatives to take advantage of small investors.”

PlainSite founder Aaron Greenspan, a former Tesla short seller and outspoken critic of Musk, sued the Tesla CEO alleging he engaged in stock price manipulation for years through a variety of schemes.

The case was removed to federal court last year. In 2023, Musk’s social network X banned Greenspan and PlainSite, which publishes legal and other public and company records, from the platform.

— CNBC’s Tom Rotunno contributed to this report.

WATCH: Here’s what to watch for in Tesla’s earnings report

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