Welcome To The Patriot
The Patriot provides a 5-minute weekly digest of the firearm industry.
Brought to you by Trident 1, the best-in-class, all-in-one, cloud-based FFL-compliant POS software for the firearm/outdoor industry.
Spotlight
New York Governor Kathy Hochul signed a law requiring a new merchant category code for firearm retailers, claiming it will help monitor gun sales. Hochul stated, “We know if someone is stockpiling ammo, that is not a good sign.“
However, the firearm industry argues this code won’t reduce crime and infringes on the privacy rights of law-abiding gun owners. Even credit card companies have expressed doubts about the effectiveness of tracking firearm purchases this way.
17 states have taken action to protect citizens’ Constitutional rights from this gun control scheme, while federal legislation has been introduced to prohibit the use of a firearm-specific merchant category code nationwide.
Video Recap: September’s 2A Legislation Report
Stay informed and engaged with the latest in 2A news and the firearms industry! Introducing our new monthly video recap series, where we’ll break down the most crucial Second Amendment updates you need to know.
But that’s not all – for exclusive content, insider news, and expert insights, make sure to follow us on Facebook, LinkedIn, and Instagram to join our thriving community of firearm enthusiasts and professionals.
The Number:
50-65% of Retail Value for Used Guns
Gun stores typically offer between 50% to 65% of a firearm’s retail value when buying used guns, with common firearms trending toward the lower end and rare or collectible pieces commanding higher offers.
In-Depth
FPC Files Motion to End Post Office Gun Ban
Firearms Policy Coalition (FPC) has filed a motion for summary judgment in their lawsuit challenging federal laws prohibiting firearm possession and carry at U.S. Post Offices and related properties. FPC argues that the ban infringes on Second Amendment rights and must be declared unconstitutional.
Read More – Firearms Policy Coalition
GOA and GOF Urge Judge to Rule on Universal Registration Check Rule
A coalition including Gun Owners of America (GOA) and Gun Owners Foundation (GOF) filed a motion asking Judge Matthew Kacsmaryk to make an immediate final ruling on the Harris-Biden Administration’s Universal Registration Check rule. The rule could require anyone selling just one gun a year to obtain an FFL and conduct background checks.
NSSF Disputes Allegations Against Senate Candidate’s Firearm Handling
The National Shooting Sports Foundation (NSSF) has examined the facts surrounding unsubstantiated allegations that Montana U.S. Senate candidate Tim Sheehy mishandled a firearm resulting in self-injury. Based on firearm design, safety protocols, and the alleged caliber, NSSF believes the allegation that Sheehy’s Colt .45 revolver discharged when dropped is false and inaccurate.
Highlights
- Lebanon Shooting Range Introduces AI Technology: Oregon Indoor Shooting Range has implemented the AccuShoot Live Fire Experience, allowing shooters to engage with moving targets using live ammunition.
- Florida Voters to Decide on Hunting Rights Amendment: Florida’s Amendment 2, which aims to enshrine hunting and fishing rights in the state Constitution, will be on the ballot on November 5.
- Wisconsin Prepares for Hunting Seasons: The Wisconsin DNR reminds hunters and trappers that multiple seasons open in November, including beaver and muskrat trapping.
- JMac Customs Launches AKM Dust Cover Assembly: The new AKM Dust Cover Assembly from JMac Customs enhances optics mounting on AKM firearms, featuring an MSRP of $395.95.
The Patriot is brought to you by Trident 1, the best-in-class, all-in-one, cloud-based FFL-compliant POS software for the firearm/outdoor industry.
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