Monday, May 21, 2018

Congress finally getting into the act of protecting state authority over marijuana

The growing (pun intended) cannabis industry has had one primary enemy to worry about, and that of course is the Federal government should they decide to usurp the will of the states in their allowing marijuana to be legalized in either medicinal or recreational forms.

However there is something very interesting taking place in Congress of all places that shows that the Feds may finally be giving in to accepting the fact that pot legalization is here to stay.  And that is because last week a Congressional committee approved the continuation of the state's having the final authority in allowing cannabis use within their borders.

The House Committee on Appropriations for Commerce, Justice, Science, and Related Agencies (CJS) approved by voice vote last week a measure renewing protections for state medical cannabis programs when the current spending budget expires in September. 
The approval prevents the Department of Justice from using any resources to target medical cannabis patients or providers who comply with state laws. 
“With 9-in-10 Americans supporting medical cannabis, it’s great to see that protecting legal providers has finally become a non-issue in Congress,” Aaron Smith, executive director of the National Cannabis Industry Association, said. “Now, it’s time for Congress to expand these protections by preventing federal overreach in all state cannabis laws, including those that allow responsible adult use and have successfully replaced criminal markets with thriving, regulated industries.” 
Cannabis is legal for adults in nine states and the District of Columbia while 46 states have legalized some form of medical marijuana. – Financial Reg News
One significant area Congress does need to address is the removal of cannabis from the Drug Schedule as this would open the door to greater research into the drug's potential benefits, as well as allow cannbis based companies access to banking which they currently are unable to do.


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