These 3 Cannabis Bills Could Spur Significant Societal Change – Green Entrepreneur

Several notable pieces of legislation are currently proposed or working their way through Congress.

There is also the Marijuana Opportunity Reinvestment and Expungement Act, which would eliminate criminal penalties and remove cannabis from the controlled substances list.

If these bills are signed into law, they have the potential to spur significant societal change, including greater racial parity and positive changes in the business climate.

There is a long list of health complaints that can benefit from cannabis and CBD extract products, such as insomnia, epilepsy, anxiety, and chronic pain.

Beyond these three bills–CAOA, MORE, and SAFE–other bills propose to facilitate cannabis research, such as the bipartisan Cannabidiol and Marijuana Research Expansion Act, which would reduce the red tape researchers must navigate.

Throughout the U.S., BIPOC individuals are 3.6 times more likely to be arrested for a cannabis offense than white people.

In Canada, legalization has given a boost to social justice reforms, and to ending the cycle of poverty that affects youths caught up in the system.

In one decade, legal cannabis could generate an estimated $132 billion-plus in taxes and create one million-plus jobs.

The development of a skilled cannabis labor force enhances product R&D, and the need to establish quality standards has prompted consumer trust in conscientious brands.

Not everyone is supportive of legalization, of course, but by and large, the idea has been increasingly well-received.

Nancy Mace introduced the first Republican-led bill to decriminalize and tax marijuana, and expunge criminal convictions.

The information contained on this website , is intended for informational and educational purposes only, and should in no way be interpreted as medical, legal, or any other advice concerning the cultivation, sale, or any other use of marijuana, which, although legal in some states and local jurisdictions throughout the United States, is currently illegal under federal law, as well as in other states and local jurisdictions.

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