Something huge for the cannabis industry was planned to happen in September 2020: The U.S. House of Representatives planned to vote on HR 3884, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. The goal behind this proposed federal marijuana legalization legislation is to remove cannabis from the Controlled Substances Act, ratify criminal and social justice reforms related to cannabis, and tax cannabis products at 5% to fund said reforms. As election season rushed forward, the vote has not yet occurred. The most recent delay comes from a historically surprising source: House Democrats.
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UPDATE: What Happened with the Federal Legalization Bill?
Something huge for the cannabis industry was planned to happen in September 2020: The U.S. House of Representatives planned to vote on HR 3884, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. The goal behind this proposed…
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