New cannabis bill would regulate the plant like alcohol

Bethan Rose Jenkins, Cannabis News Writer/Editorial

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Representative Earl Blumenauer of Oregon has pledged to end federal cannabis prohibition in the 2019 legislative session.

As one of the original founders of the Congressional Cannabis Caucus, Blumenauer is s actively involved in the going-ons of the nascent industry, which could soon reach new realms of success.

Blumenauer has initiated what has been described as the “420” bill and if it passes, cannabis will be eliminated from the Controlled Substances Act. Moreover, sales of the plant and its derivatives will be regulated and taxed just like alcohol.

Blumenauer’s “420” bill could encourage federal cannabis legalization

The bill has been filed as H.R. 420 known as the “Regulate Marijuana Like Alcohol Act.”  It indicates a major stepping stone on the road to complete legalization across the nation, where the plant currently remains illegal under federal law.

Legal weed trading will become more mainstream if cannabis is overseen by the Bureau of Alcohol, Tobacco, Firearms and Explosives. Merging cannabis with American e-commerce could essentially bolster the already thriving U.S. economy.

“While the bill number may be a bit tongue-in-cheek, the issue is very serious,” Blumenauer said during an interview with Willamette Week. “Our federal marijuana laws are outdated, out of touch and have negatively impacted countless lives. Congress cannot continue to be out of touch with a movement that a growing majority of Americans support. It’s time to end this senseless prohibition.”

Blumenauer’s bill was initially presented in October

The pro-politicians “Blueprint to Legalize Marijuana” was presented to Democratic leadership in October 2018.

Blumenauer strives to capitalize on the new Democratic-led House to end cannabis prohibition, beginning with a number of proposals to develop and rollout cannabis banking in a legitimate way. In addition to this, his “420” bill was created to grant veterans with worry-free access to the plant for medicinal purposes.

The cannabis community is hopeful that Congress will focus heavily on the issue of cannabis reform this year and how to effectively enact it nationwide.

A lot of legal weed advocates are feeling optimistic about the outlook for federally legal weed in the U.S. Recently, cannabis businesses revealed that, due to lack of banking services for the legal weed industry, they would send Veteran lobbyists to Capitol Hill in support of the STATES Act.

Advocates see this as an opportunity for the subject of cannabis reform to be intertwined effortlessly with forthcoming legislative agendas and evolve into a highly debated topic.

Even if the “420” bill doesn’t pass, the exposure it has and continues to gain, is, at the very least, attracting plenty of hype for cannabis reform as a whole.