Cronos also popped by 9 percent. The bill faces an uncertain future in the Senate, but advocates say with Democrats controlling both houses of Congress, theyre more hopeful that the legislation will finally become law. A disappointed Runestad said now the expansion could lead to religious discrimination. Sen. Steve Daines (R-Mont. If the House passes the MORE Act, the next step would be to move the bill to the Senate. Nota Bene Episode 160: European Update: Oliver Heinisch and Scott Federal Communications Commission to Consider Rules and Proposals to Whats the Standard? The tax will be imposed on the retail sales of cannabis and proceeds from the tax will to go to a newly established Opportunity Trust Fund. legal industry generated $25 billion in sales last year. All Rights Reserved, By submitting your email, you agree to our. Its going to get referred to the Finance Committee, I believe, and I want to work with both sides to have hearings as quickly as possible, said Wyden, who chairs the Senate panel. Some of these services include job training, reentry services, legal aid for civil and criminal cases (including expungement of cannabis convictions), literacy programs, youth recreation or mentoring programs, and health education programs. The House has already taken steps to reflect the emerging consensus on legalization: In December, it. There are also competing bills within the House. "Several candidates that we backed were elected and a couple of them are sponsoring this bill," Renautt said. On Wednesday, Michigan senators voted to expand the Elliott-Larsen Civil Rights Act to include protections for LGBTQ people. The Michigan Senate passed an amendment to the Elliott-Larsen Civil Rights Act that explicitly includes protections for sexual orientation and gender identity. Every major urban area has record high crime and Democrats are legalizing drugs, there are record gas prices and Democrats are legalizing drugs and helping the marijuana industry, said Jordan. Its a first step toward making the drug legal and attempting to undo some of the damage caused by punitive drug laws, particularly among communities of color. The House will vote on the MORE (Marijuana Opportunity, Reinvestment and Expungement) Act as soon as next week. The bill would end federal prohibition of marijuana by removing it from the list of banned controlled substances. Following narrow victories by Georgia's two Democratic candidates for the Senate during this week's runoff election, Democrats are expected to take control of the U.S. Senate in 2021, opening up the MORE Act and other federal cannabis bills to a vote. Our Calvin Cutler reports. If the MORE Act becomes law, it would deschedule marijuana by removing it from the list of federally banned drugs under the Controlled Substances Act. This tells me where his mind is at; that he believes more research is still needed. Perez added that she thinks its possible Biden may yet take some action to give clemency to people convicted of low-level marijuana-related crimes. A final vote could come soon. It would protect people from losing earned benefits due to cannabis use or protect immigrants at risk of deportation. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. The House passed a bill to legalize marijuana for the second consecutive Congress, signaling a continued interest by Democrats in overhauling the federal approach . Marijuana products would be subject to a federal excise tax, starting at 5% for the first two years after enactment and rising to 8% by the fifth year of implementation. The MORE Act would also ensure the federal government could not discriminate against people because of cannabis use. The choice of a lawyer or other professional is an important decision and should not be based solely upon advertisements. / Sign up for Verge Deals to get deals on products we've tested sent to your inbox daily. He followed up this statement with "Its just very encouraging that there is an appetite not just to decriminalize at the federal level, but really do restorative justice things that are very important.". The 10 year anniversary of recreational legalization for Colorado and Washington is coming up this fall and we have fallen short addressing this as a country. Steven Nelson. . 4521) which include provisions of the SAFE Banking Act. How Modern Manufacturing Plants Can Protect Against Ransomware, FTC Will Host May 23, 2023, Workshop on Recyclable Claims and the Appellate Court Affirmed An Order Denying A Beneficiarys Request For An Overview of Why Class Action Privacy Lawsuits May Have Just Gotten Gold Dome Report Legislative Day 26 (2023). "So, for us, it is a huge accomplishment.". The US House of Representatives voted Friday to approve a bill that would decriminalize cannabis at the federal level. The issue has been talked about quite a bit more in the House than it has in the Senate, which so far has not really had a substantive hearing on cannabis policy generally, said Morgan Fox, policy director at the National Organization for the Reform of Marijuana Laws. WASHINGTON The House passed legislation Friday that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes or possesses the substance.. The first draft of the CAO had a 10% cannabis sales tax increasing to 25% over 5 years, much higher than the 5-8% proposed in the MORE Act. Recent FTC Enforcement Action Merits Cyber Insurance Coverage Review, Two Ways to Redefine & Achieve CRM Success. To me, thats pretty shocking you would think the budget is an area where he could make a statement, she said. People may receive compensation for some links to products and services on this website. Cannabis decriminalization is not going away and it is time we address the "elephant in the room" at a national level. The House already passed this bill to remove cannabis from its list of federally controlled substances back . 1996) to no avail. This is for two reasons, one, there are not many banks that take on cannabis related banking, and two, the federal illegality of cannabis increases the amount of paperwork and oversight needed by banks. The plan needed 60 votes to. HuffPost's top politics stories, straight to your inbox. The measure failed a procedural test in the Senate Tuesday, as Republicans voted against starting debate on it. Mace voted no on the MORE Act. So far, the only GOP senators saying anything about this weeks forthcoming bill are the three who are in the bipartisan group that helped get a deal on the bill in the first place: Sens. Do you have information you want to share with HuffPost? BIPA ALERT: Illinois Supreme Court Opens the Door to Punitive, President Biden to Nominate Julie Su as New Secretary of Labor, The European Unitary Patent: Why Retailers Should Care, New York City Employers Prepare for AI Bias Law [VIDEO], Administration's WOTUS Rule Muddies Jurisdictional Waters. Senator Cory Booker said "Right now were looking at doing the one that weve been working on for a long time" referring to the CAO act. With the midterm elections over, Democrats have found enough Republicans ready to join them in advancing basic LGBTQ rights. The MORE Act, which passed the House of Representatives in 2020 only to die in the Senate, would remove marijuana from the federal list of controlled substances. The gap, experts suggest, is too wide, creating what seems will be an inevitable deadlock, and another year of failed reforms. Updated. But increasing the use of cannabis doesnt make our streets safer, doesnt make our workplaces safer; it doesnt make our families stronger.. The House also added several amendments to the bill, among them a requirement by the National Institute for Occupational Safety and Health to conduct a study on the Impact of the legalization of recreational cannabis by states on the workplace and help employers develop best practices in updating their cannabis policies. Updated: Feb 28, 2023 / 09:27 AM EST. The House had previously passed the MORE Act in December 2020, marking the first vote by a congressional chamber to legalize marijuana federally. The Senate on Wednesday night failed to change the filibuster rule to allow voting rights legislation to pass with a simple majority. The bill is one of a number introduced recently to decriminalize and tax the drug. We absolutely do not need to leave the cannabis industry, or every day Americans, with another year of failed reforms. That means the Senate bill needs at least 10 Republicans to support it, too, in order to overcome a filibuster. It will be the first time since the passage of the Controlled Substances Act of 1970 that a Congressional chamber has ever voted on legislation to remove marijuana from its prohibitive classification under federal law. And because the Senate plans to take the House bill and simply amend it, versus senators introducing an entirely new bill. "We have a historic opportunity today to right a wrong that should have been righted decades ago," Sen. Mallory McMorrow, D-Royal Oak, said. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor. Senator Elizabeth Warren said, I dont use it, but I believe it should be lawful. [18] Arizona Gets to Keep Its State-Operated Workplace Safety and Health Manufacturers Legal Considerations for Staffing Reductions, PCAOB Enforcement Activity Up Sharply in 2022. The House had previously passed the MORE Act inDecember 2020, marking the first vote by a congressional chamber to legalize marijuana federally. April 1, 2022 1:30pm. The MORE Act focuses on social justice aspects of legalizing marijuana, the Marijuana Policy Project (MPP) states. Totals Passed. The tally fell largely along party lines, with all Democrats supporting the measure and all but two Republicans voting against it. Transgender people are just trying to live their lives like anybody else," Rogers said. The survey found that 83 percent of Democrats, 71 percent of independents and 50 percent of Republicans back legalization. Despite the fact that the vast majority of Americans are in favor of legal marijuana, there were plenty of naysayers in the House. Proposed Nursing Home Disclosure Requirements Target Private Equity Regulation in the Post-FTX Environment: SECs Proposed Enhanced Can a Child Decide Whom They Want to Live With in Michigan? Will Changes to the Option To Tax Regime Impact UK Insolvency Sales? So who are they? The House passed its version of the bill in March. We hope to do that towards the end of April, Schumer said in remarks last week, noting discussions with Sens. The Opportunity Trust Fund would divvy up their tax earnings: 50% would support a Community Reinvestment Grant Program, 10% would support substance misuse treatment programs, and 40% would go to the federal Small Business Administration to support implementation and a newly created equitable licensing grant program. Copyright 2023 Market Realist. US Cannabis Council (@USCannabisCncl) April 1, 2022 Other organizations agreed about the urgency of the legislation. ), a member of GOP leadership, cast doubt on its chances. US Executive Branch Update February 28, 2023. Sales are expected to continue to rise this year. Biden administration unveils long-awaited national cyber strategy, Lawmakers trounce Lobbyists in annual charity hockey game, These four House Republicans broke with the GOP to oppose inflation estimates bill, Biden mocks Rep. Marjorie Taylor Greene: Isnt she amazing?, Union rep: Employees reporting illness after working on cleanup for East Palestine derailment, Biden urges Democrats to tout policy wins: Let the people know who did it for them, Pence disagrees with Haleys call for competency tests: The American people can sort that out, Judge says Starbucks committed egregious and widespread labor violations fighting unions, Why a DC crime bill is creating big problems for Democrats, GOP senators grill Garland on border security, weaponization of law enforcement, Sanders: Senate panel to vote on subpoena for Starbucks CEO, Twitter reverses suspension of Mike Lees personal account, The Memo: Lightfoot is latest Democrat to fall to anger over crime, Trump successfully chilled FBI from being willing to investigate anything related to him: Peter Strzok. 3617 (117th): Marijuana Opportunity Reinvestment and Expungement Act Apr 1, 2022 at 12:31 p.m. The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. Just three Republicans voted in . Today's vote to pass the MORE Act in the U.S. House of . When asked about the MORE Act, White House Press Secretary Jen Psaki said President Joe Biden agrees with most Democratic lawmakers that our current marijuana laws are not working, but did not specify if Biden supports the MORE Act. Sen. Tammy Baldwin (D-Wis.), the lead Democrat on the forthcoming bill, tweeted Monday that the Senate is going to get this done.. This is misguided; this is wrong., Andy Biggs, a Republican from Arizona, referred to the bill as a piece of garbage, claiming it will legalize activity and businesses controlled by international drug cartels. "We've waited four decades for this," said Samantha Rogers, a transgender activist, who started the nonprofit Teaching Detroit. Law enforcement cannot afford to chase small pot offenders when violent crime is on the rise nationwide, says Carter. 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