Republicans Introduce Federal Cannabis Bill With No Social Equity Provisions

Republicans-Introduce-Federal-Cannabis-Bill-With-No-Social-Equity-Provisions.jpg

Republican co-chairs of the Cannabis Caucus on Wednesday introduced a bill to remove cannabis from the federal Controlled Substances Act, issue rules for sales one year after enactment, allow financial institutions to serve cannabis companies in non-legal states, and direct the Department of Veterans Affairs to recommend cannabis.

The Common Sense Cannabis Reform for Veterans, Small Businesses and Medical Professionals Act, sponsored by Reps. Dave Joyce (OH) and Don Young (AK), would also require the National Institutes of Health to conduct studies on cannabis impairment and how cannabis can be used for pain management. Those studies, along with a report to Congress, would be required within two years of enactment.

In a statement, Steven W. Hawkins, interim president & CEO of the U.S. Cannabis Council, said it is “incredibly encouraging to see Republican leadership to end the federal prohibition and criminalization of cannabis.”

Young said that the feds’ “outdated cannabis policies have stood in the way of both individual liberty and a state’s 10th Amendment rights.”

Joyce described federal prohibition as “neither tenable nor the will of the American electorate.”

“My legislation answers the American people’s call for change and addresses our States’ need for clarity by creating an effective federal regulatory framework for cannabis that will help veterans, support small businesses and their workers, allow for critical research and tackle the opioid crisis, all while respecting the rights of States to make their own decisions regarding cannabis policies that are best for their constituents.” – Joyce in a press release

The legislation is also backed by the National Medicinal Cannabis Coalition and the National Cannabis Roundtable.

The measure was referred to the committees on Energy and Commerce, Judiciary, and Financial Services.

Originally Published on 2021 05 14 by TG Branfalt | Ganjapreneur.com


Thank you for joining us today for our latest news post. If you have any questions or comments about this post, we’d love to hear from you in the comments! Join the FindHempCBD.com newsletter to stay up to date on the latest Industry News and keep an eye out for our next news article!


Disclaimer: This content was sourced from Ganjapreneur.com and republished to our website to add value and additional content for our readers. In order to maintain the safety, functionality, and integrity of FindHempCBD.com, the sourced content may have been altered. To access the original content, please click the link below:
https://www.ganjapreneur.com/republicans-introduce-federal-cannabis-bill-with-no-social-equity-provisions/

Share:

Share on email
Share on facebook
Share on twitter
Share on pinterest
Share on linkedin
Share on reddit
Share on tumblr
The Editor

The Editor

FindHempCBD.com is the internet's largest CBD stores directory. Browse 100s of CBD businesses, find CBD near you, and more!
mood_bad
  • Comments are closed.
  • Sign Up For Our Newsletter

    Stay informed with the latest articles on our CBD blog

    Related Posts

    CBD hemp oil, Hand holding bottle of Cannabis oil against Marijuana plant. Herbal Treatment, Alternative Medicine

    How CBD Can Help You

    With more and more CBD products entering the market every year, the CBD industry is growing at a rapid pace. The industry is projected to

    Pin It on Pinterest

    Share This

    Share this post with your friends!