The Coalition to Regulate Marijuana Like Alcohol submitted over 222,000 signatures on Wednesday . I've been featured as a personal finance expert in outlets like CNBC, Yahoo! In his lengthy tenure as a senator, Biden was partially responsible for Americas harsh drug laws, and as president, he fired White House staffers who tested positive for marijuana. (Photo by Caroline Brehman/CQ-Roll Call, Inc via Getty Images), More Than A Million Voters Want Florida Marijuana Legalization Initiative On 2024 Ballot, Connecticut Cannabis Sales Hit Record High At Six-Month Mark, Tobacco-Free Blunt Wraps Are Popular Among Young Marijuana Smokers, Study Finds, New York Cannabis Attempts To Amend Almost A Century Of Prohibition, Germany Unveils Draft Bill To Legalize Cannabis, MLB All-Star Game 2023 Odds, Picks, Props And Home Run Derby, World Poker Tour And Wynn Las Vegas Partner For Two Special Summer Events, Pennsylvania Lawmakers File Marijuana Legalization Bill. The bill would remove marijuana from the list of scheduled substances and remove any criminal penalties for those who make, distribute or possess marijuana. Products would be taxed 10%, with revenue going toward administrative costs,addiction treatment programs, municipalities with dispensaries and a social equity and jobs program. Hollywood grinds to a halt. Tom Williams / CQ-Roll Call, Inc via Getty Images file, misleading comments about his education, work history and family background, George Santos makes court appearance in federal case, pleaded not guilty to the 13 federal counts. But that data is much slower to compile, and we want both speed and accuracy during a pandemic. The electronic pitch-calling system approved by Major League Baseball, sits on display, Tuesday, April 5, 2022 in New York. Editorial Note: We earn a commission from partner links on Forbes Advisor. The Hill also adds this spirited commentary on how a reformed CDC might emerge stronger. "We have to make sure that we're doing right by patients while at the same time providing an alternative to those non-medical consumers who are looking for an alternative to the illicit market or driving to Michigan or bringing marijuana back from Chicago or Colorado.". Heres what to know about the future of cannabis in the upcoming election. Because of that, local El Paso officials said they expect to see more possession arrests in the coming months. If a Republican wins the 2024 election and gets re-elected for a second term, the earliest a pro-pot president could take the White House would be January 2033. Here's how five states voted on legalization of recreational - CNBC It will now go to the Senate, where Democrats are already working to introduce their own marijuana legalization bill. Through that process, the Legislature had four months earlier this year to consider the proposed law. What are the odds Senate will legalize pot at federal level? - Los Sign up and stay up to date with our daily newsletter. Finance and CBS News Radio. House passes bill decriminalizing marijuana at federal level - CNN Timeline for marijuana legalization bill slips in Senate It probably wont this time, either. IBT Fast Start - Let the best of International News come to you. New Mexico is the first state bordering Texas to fully legalize marijuana. Do whatever you will with it in New Mexico, but just dont bring it back into Texas. [2] A second, equal round of signatures is required if the . Despite the fact that the U.S. House of Representatives just passed it, there is little chance that the Marijuana Opportunity Reinvestment and Expungement Act or MORE Act will become law. This compensation comes from two main sources. The 2,668 billionaires on Forbes list are worth $12.7 trillion. Biden's first nominee for the open seat, former FCC official Gigi Sohn, withdrew in March after three hearings. For an optimal experience visit our site on another browser. The bill has passed in the House six times but has repeatedly stalled in the Senate. "Those responsible for regulating cannabis at the federal level need to be properly educated and understand what they are dealing with. U.S. Lawmakers File Bipartisan Bill To Prepare For Federal - Forbes Information provided on Forbes Advisor is for educational purposes only. I cover what's going on in the news and how it affects your bottom line. Magazines, Digital Senator Marsha Blackburn (R-Tenn.) and Republican Leader Mitch McConnell (R-Ky.) today announced the introduction of the Federal Prisons Accountability Act of 2023. In this age of hyper-partisan politics, legalizing and regulating marijuana is one of the few political issues that voters on both the ideological right and left agree upon, Paul Armentano, deputy director of the National Organization for the Reform of Marijuana Laws (NORML), wrote in a blog post. Eighteen states have legalized cannabis for adult use, and another 19 currently have at least a comprehensive medical marijuana program. Even if all Senate Democrats voted in favor of the bill, it would still need 10 GOP votes for it to pass and be signed into law. There is a possibility that a lump sum of states will make the move for legalization in 2023 including Minnesota, Delaware, Kansas, and North Carolina. This week: House set to vote on marijuana legalization bill Arkansas first approved medical marijuana in 2016. Use of this site constitutes acceptance of our, Digital Meanwhile, Senate Majority Leader Chuck Schumer, D-N.Y., has been working with Sens. However, despite these efforts, significant progress has not yet been achieved. WASHINGTON The House passed legislation Friday that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes or possesses the substance. House lawmakers introduced a bipartisan bill in May to legalize adult-use marijuana, but the odds of it passing are slim. Senators Introduce Bipartisan Bill to Increase Accountability at When asked if she sees a legalization billeither the Democratic version proposed by Senators Chuck Schumer, Ron Wyden, and Cory Booker or her own States Reform Actbeing voted on under the Biden Administration, she is not hopeful. But since its still illegal under federal law, it poses significant challenges for marijuana businesses, including being barred from accessing financial services and unable to obtain loans or bank accounts. The proposed law wouldnt stop thereit would also generate funds to help support communities in need. The Missouri Association of Prosecuting Attorneys has also voiced concerns about whether drug deals can be prosecuted properly under the law. Torres spokesperson Jacob Long said the hope is that the resolution could be brought for a vote before members leave Washington at the end of July unless the House Ethics Committee concludes its investigation into Santos and reveals its recommendation before then. Sen. Tommy Tuberville seemingly refused to acknowledge that white nationalists are racist. MJBizDailys most recent poll shows support, with only 35% of likely voters saying they opposed the measure in late September. The coalition's proposal is an initiated statute, which means it wouldn't be affected by the August ballot question to make it harder to pass constitutional amendments. Are you sure you want to rest your choices? As for President Bidens request for HHS to review marijuanas classification as a Schedule I narcotic, Armentano says hes been through multiple re-scheduling petitions, which have all been denied by the Drug Enforcement Administration. FTC Announces Tentative Agenda for July 20 Open Commission Meeting It also approved new terms for current commissioners Republican Brendan Carr and Democrat Geoffrey Starks. She has hired an outside adviser to start the review process that she says will take a month. The PREPARE Act is relatively benign, and we must prepare ourselves for its potential passage. Amazon Union Group, Challenging Christian Smalls, Seeks Vote - The New Reporters who knocked on officers doors to get comments and ensure fairness and accuracy were doing their jobs, not stalking, Viewers can expect a new season heavy on reality TV, game shows and reruns as actors vote to strike, joining writers, who walked out months ago, The new project isnt just for or about a community, but with them, Plus, the White House pressroom has had enough of Simon Ateba, and that suspended BBC personality is revealed to be news anchor Huw Edwards. The largest cannabis companies in America, including Curaleaf ($1.3 billion, 2022 sales) and Trulieve, which booked $1.2 billion in revenue last year, have stopped planning for federal legalization. Henry Cuellar (Texas) and Chris Pappas (N.H.)voted against the bill. North Dakota voted against legalization in the 2018 Midterm Elections, and the current race seems too close to call, according to polls. "I think that reconsideration of our own scheduling here in the U.S. is just a natural extension of how we voted in the world meeting," Rosalie Pacula, a health policy professor at the University of Southern California, told Roll Call in November. The measure looks likely to pass in three statesArkansas, Maryland, and Missouri, according to polls. Just this week, state lawmakers in South Carolina heard new testimony about medical marijuana and the New Hampshire House passed a pot bill. Neighboring states Oklahoma and Louisiana have fully legalized medical marijuana usage. House votes to decriminalize marijuana at federal level, Marijuana Opportunity Reinvestment and Expungement Act, House expected to pass bill on marijuana legalization, according to the National Conference of State Legislatures, Employers ditch cannabis testing as states legalize marijuana. On Friday, the House of Representatives passed a bill that would decriminalize marijuana use on a federal level. Haley BeMiller is a reporter for the USA TODAY Network Ohio Bureau, which serves the Columbus Dispatch, Cincinnati Enquirer, Akron Beacon Journal and 18 other affiliated news organizations across Ohio. Editing by Bill Berkrot, Shearman real estate finance partner is latest exit as merger looms, Corporate attorneys dont want to pay law firms for ChatGPT whenthey could use it themselves, How litigation funding drives progress in the ESG agenda, US judge facing competency probe asks court to block her suspension, Senator Manchin speech stokes speculation of White House run, White House wants aviation bill to include new consumer protections, Biden forgives $39 billion in US student debt using program tweak, US House passes defense bill authorizing record spending; Senate debate next. Order Reprints . Despite more than 21 U.S. states legalizing adult-use marijuana, it remains illegal at the federal level and is classified as a Schedule I substance under the Controlled Substances Act. Recreational cannabis sales have begun and New Mexicans are EXCITED! After 2022 ended without any significant reform, reality set in: despite cannabis legalization being hugely popular with votersmore Americans voted for marijuana legalization in Arizona (60%) than for Biden (49.4%) and more people in Mississippi voted to legalize medical marijuana (73%) than supported Trump (58%) during the 2020 electionit is not a political priority inside the Beltway. You may opt-out by. It turns out, the bill passed in a 220-204 vote, with five sustained.