Surprise Vote in Congress Decides to Protect Legal Cannabis States in the U.S. | CashCropToday
0 Shares 367 Views

Surprise Vote in Congress Decides to Protect Legal Cannabis States in the U.S.

May 22, 2018
367 Views

Since the beginning of 2018 there has been a cloud of uncertainty surrounding the legal cannabis industry in the United States. In January, Attorney General Jeff Session redacted the Cole Memorandum, an Obama era policy that withheld the federal government from interfering and prosecuting legal recreational and medical cannabis states.

Luckily a number of bipartisan Congress members have now recently become pro-cannabis politicians and are taking a firm stand on protecting states that have passed legally passed cannabis legislation. Just last week, Congress renewed protections for medical and recreational states with a surprise vote. The Rohrabacher-Farr amendment will withhold any federally funding to interfere with any legal statewide cannabis programs. These protections will now be upheld through 2019. The amendment will now be voted on by the Senate Appropriations Committee which has a history of voting in favor of the medical cannabis industry.

“Today marks a victory for medical marijuana programs and a loss for Attorney General Jeff Sessions. Passage of this amendment through regular order in the appropriations committee represents another big step in the normalization of state level marijuana reform in the Congress of the United States,” NORML Political Director Justin Strekal said in a statement.

You may be interested

Harborside to Go Public Via Canadian Reverse Takeover in Deal Valued at C$200 Million
Market Watch
28 views
Market Watch
28 views

Harborside to Go Public Via Canadian Reverse Takeover in Deal Valued at C$200 Million

Editor - August 15, 2018

Harborside, a California based cannabis dispensary brand with multiple locations, is planning the reverse takeover of Canadian public company Lineage Grow Company Ltd. (CSE: BUDD). Lineage is…

The City of Los Angeles Has Begun Accepting Applications for Cannabis Licenses
Politics
38 views
Politics
38 views

The City of Los Angeles Has Begun Accepting Applications for Cannabis Licenses

Editor - August 15, 2018

At the beginning of this month, the city of Los Angeles finally decided to start accepting license applications from cannabis growers, manufacturers, and testing labs. Although marijuana was…

The Inception Companies to Launch First  Cannabis REIT Sponsored by an Industry-Leading Investment Firm
Market Watch
98 views
Market Watch
98 views

The Inception Companies to Launch First Cannabis REIT Sponsored by an Industry-Leading Investment Firm

Editor - August 14, 2018

Los Angeles, CA — The Inception Companies (“Inception”), a private investment firm with significant operating and investing experience across the regulated U.S. cannabis industry, is pleased to…

Leave a Comment

Your email address will not be published.

Most from this category

%d bloggers like this: