House Judiciary Committee Approves Bill To End Federal Marijuana Prohibition
In a 24-10 vote, the House Judiciary Committee approved a bill that would effectively end marijuana prohibition on Wednesday. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019, or H.R. 3884 , was introduced by House Judiciary Committee Chairman Jerrold Nadler (D-NY) and currently has 55 co-sponsors. This is the first time that a congressional committee has approved a bill to make cannabis legal. The MORE Act would federally decriminalize cannabis by removing it from the Controlled Substances Act , and would require the expungement of past federal cannabis convictions. The bill would also establish a Cannabis Justice Office to administer a program to reinvest resources in the communities that have been most detrimentally impacted by prohibition, funded by a 5% tax on state-legal cannabis commerce. Moreover, it will allow the Small Business Administration to provide loans and grants to cannabis-related businesses and support state a...