Search results
Results from the WOW.Com Content Network
The bill was introduced in the United States Senate on July 21, 2022 as S.4591. [9] [10] In addition to decriminalizing cannabis at the federal level, the bill would expunge federal cannabis-related criminal records. It would add new funding for law enforcement to go after illegal marijuana operations. [9]
U.S. Senator Cory Booker (D-N.J.), Senate Majority Leader Chuck Schumer (D-N.Y.) and Senate Finance Committee Chair Ron Wyden (D-Ore.) introduced the Cannabis Administration and Opportunity Act on...
Due to reduced law enforcement activity and prison costs associated with marijuana-related crimes, the bill would reduce federal expenditures by hundreds of millions of dollars, according to the New York Times. The Congressional Budget Office (CBO) estimates that the bill would reduce the deficit by almost $3 billion over ten years. [6]
In early 2018, the Institute of Economic Affairs (IEA) published a report looking at the size of the UK cannabis market and the potential implications of legalisation. The report concluded that the current UK cannabis black market is worth over £2.5bn and cannabis tax yields could be between £204 million and £571 million. [ 94 ]
The proposed federal change may have little affect in 24 states that already legalized recreational marijuana for adults, or in an additional 14 states that allow medical marijuana.
In 2018, U.S. states proposed or are expected to propose cannabis reform legislation for medical marijuana and non-medical adult use. State-level legalization remains at odds with cannabis' status as a Schedule I narcotic under the Controlled Substances Act at the Federal level, and the Cannabis policy of the Donald Trump administration appeared to become more hostile than that of the previous ...
For premium support please call: 800-290-4726 more ways to reach us
The use, sale, and possession of cannabis over 0.3% delta-9-THC in the United States, despite state laws, is illegal under federal law.As a Schedule I drug under the federal Controlled Substances Act of 1970, cannabis over 0.3% delta-9-THC (legal term marijuana) is considered to have "no accepted medical use" and have a high potential for abuse and physical or psychological dependence.