The MORE Act: A Closer Look at the Proposed Legislation
As the House of Representatives prepares to vote on a bill to federally legalize marijuana, a number of amendments have been filed to the legislation. The MORE Act, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove marijuana from the list of federally controlled substances, promote equity in the industry and impose a federal tax on marijuana products to fund various initiatives. Cannabis is legal for adult use in 19 states and for medical use in 36 states. This bill would end the federal ban, but leave legalization up to the states. The legal industry generates billions of dollars in revenue each year and employs hundreds of thousands of people.
Critics argue that the bill does not go far enough and that cannabis should be fully legalized across the country. Supporters argue that the bill is a good first step and that it will give states more autonomy to decide how they want to regulate marijuana. The vote is expected to take place later this week.
The House of Representatives is expected to vote on the MORE Act, a bill that would federally legalize marijuana, later this week. The bill has faced criticism from both sides of the aisle, with some arguing that it does not go far enough and others arguing that it is a good first step. Cannabis is now legal for adult usage in 19 states and medical usage in 36 others. This bill would repeal the federal prohibition on cannabis, but it would leave regulation up to the states.
What is MORE Act?
MORE Act, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove marijuana from the list of federally controlled substances, promote equity in the industry and impose a federal tax on marijuana products to fund various initiatives. Cannabis is legal for adult use in 19 states and for medical use in 36 states. This bill would end the federal ban, but leave legalization up to the states. The legal industry generates billions of dollars in revenue each year and employs hundreds of thousands of people.
Critics argue that the bill does not go far enough and that cannabis should be fully legalized across the country. Supporters argue that the bill is a good first step and that it will give states more autonomy
The legal marijuana industry is growing rapidly and employs hundreds of thousands of people. It generates billions of dollars in revenue each year. Many supporters of the MORE Act argue that it will give states more autonomy to decide how they want to regulate marijuana. Critics argue that the bill does not go far enough and that cannabis should be fully legalized across the country.
The vote on the MORE Act is expected to take place later this week. Stay tuned for updates!
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