Friday, August 29, 2025

Legislators Introduce Bill to Federally Legalize Cannabis

40 House Democrats Introduce Bill to Federally Legalize Cannabis. The MORE Act would deschedule and decriminalize cannabis, initiate expungements and support those disproportionately impacted by prohibition.
https://img.cannabisbusinesstimes.com/mindful/transpire/workspaces/default/uploads/2025/08/nadler-merged-more.LnDRyQQc83.jpg?auto=format%2Ccompress&fit=max&q=70&w=1200

Democratic legislators file bill to legalize cannabis in the U.S.


A group of Congressional Democrats led by Rep. Jerrold Nadler (D-NY) on Friday filed the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act in a bid to legalize cannabis at the federal level.

The legislation seeks to end the prohibition by de-scheduling cannabis under the Controlled Substances Act (CSA) altogether, amid an ongoing review at the U.S. Drug Enforcement Administration to reschedule marijuana.

Previously, Nadler has filed the legislation in three congressional sessions, and this is his fourth consecutive attempt.

 
When Republicans were in the majority, the bill didn’t clear the House in the last session but did advance twice while Democrats were in control and Nadler was the chairman of the Judiciary Committee.

The latest version, backed by three dozen co-sponsors, includes provisions to promote equity and address social consequences of criminalization in addition to the descheduling proposal, the cannabis publication Marijuana Moment reported.




It comes after President Donald Trump said early this month that his administration is ready to make a final decision on the review over the next few weeks.

More on cannabis stocks Sell TerrAscend And Buy Green Thumb Industries
Curaleaf Is Still A Strong Sell
Trulieve Cannabis Rallies On News Of Possible Rescheduling
U.S. congressman files bill to reschedule cannabis amid Trump’s interest
Cannabis MSOs cool after rally driven by rescheduling hopes
 Can Drew Allar become Penn State's all-time passing yards leader?
 
 

No comments:

REEVES RANT ___ Budget Breakdown