07/15/2021

Schumer Proposes Federal Decriminalization of Marijuana

The bill would impose a federal tax on marijuana products

Senate Majority Leader Chuck Schumer (D-N.Y.), Sen. Cory Booker (D-N.J.) and Sen. Ron Wyden (D-Ore.) unveiled draft legislation on Wednesday to decriminalize marijuana at the federal level.

Though the legislation faces steep odds in the 50-50 Senate, it's a major milestone for marijuana activists and a sign of how far the debate has moved on criminal justice and the war on drugs. The bill, called the Cannabis Administration and Opportunity Act, would remove the drug from the Controlled Substances Act and impose a federal tax on marijuana products, according to Marijuana Moment.

Revenue from the tax would be used to fund grant programs for communities most impacted by marijuana prosecutions. Regulation of marijuana would be transferred away from the Drug Enforcement Administration to the Food and Drug Administration and other agencies.

Please select this link to read the complete article from Axios.