Federal Marijuana Legalization Bill Returns to Congress

Politics News - Federal Marijuana Legalization Bill Returns to Congress

The House made another attempt for the Marijuana Opportunity Reinvestment and Expungement Act, or MORE Act last Friday when lawmakers reintroduced the Bill again.

Experts explain that this is a procedure-imposed move. Actually, the House Committee already approved one Bill version in December 2020, but it wasn’t voted upon, hence the need for reintroduction. 

Rep. Jerry Nadler (D-N.Y.), chairman of the Judiciary Committee, the one who introduced it in the first place, reintroduced it last week. 

Since December, the marijuana legalization wave has hit Nadler’s native, New York—another confirmation that the bill is reasonable.

What is in it, again?

  • The main goal is to eliminate marijuana from the Controlled Substances Act, where the plant is under the same category (Schedule I) as heroin(!). 
  • If it passes, all Americans will have the right to treat their chronic illnesses with marijuana and use it for recreation.
  • The bill will also expunge all past cannabis-related convictions and their records, absolving the social and racial inequity they induced.
  • Federal states will enjoy bigger authority over cannabis laws and policies.
  • Small marijuana businesses will finally be able to apply for loans and for help in obtaining licenses.

The House is Democratic-controlled, so experts say that it is set out to green-light the bill again. That said, Bill’s chances are slimmer at the predominantly Republican Senate, given their past attitude towards cannabis reforms.

But even if it passes through Congress, one question remains—will President Biden sign it into law?

Many are optimists, speculating that marijuana will be legalized in the four years to come. Some cannabis companies like Halo Labs are even preparing for it!

But even though Biden Administration recently opened federal job positions to past weed smokers, his position on the bill is not clear.