Roughly two thirds of Americans polled say they support legalization. But at the same time, we have legislatures in Washington who seem unwilling to work with the opposing political side. So how will cannabis legalization get passed? There are currently two major cannabis reform proposals which would remove it from the Controlled Substances Act, thereby legalizing it. One is a bill promoted by Democratic Senate Majority leader Chuck Schumer along with Senators Cory Booker and Ron Wyden. It’s called the Cannabis Administration and Opportunity Act (or CAOA), which they’ve promised will be introduced sometime in August. The second bill for decriminalization is proposed by Republican Representative from South Carolina, Nancy Mace, called the States Reform Act (or SRA). While both bills would remove cannabis from the Controlled Substances Act, and thus federally legalizing it, there are of course some differences between them. The Democrats “CAOA” bill leans a bit more towards social equity, and is supported by the Marijuana Justice Coalition, which includes members like the ACLU and Human Rights Watch groups. The Republican “SRA” bill could be considered by some to lean more towards big business. It’s backed by the Cannabis Freedom Alliance, which includes the group Americans for Prosperity . A group called Cannabis Wire took a very interesting look into the campaign contributions made by executives from the top ten multi-state cannabis companies. They found that executives from five of those cannabis companies had donated money directly to the Republican Representative Nancy Mace who presented the SRA Act. So if money does talk, perhaps we will start seeing a shift towards more support of the Republican backed SRA Act. For more information, see: https://www.benzinga.com/markets/cannabis/22/06/27661659/nancy-mace-or-chuck-schumer-whose-cannabis-reform-bill-which-congressional-candidates-are-big-we Comments are closed.
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