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home / news releases / ACRHF - Two Republicans introduce marijuana legalization measure in House


ACRHF - Two Republicans introduce marijuana legalization measure in House

Reps. Dave Joyce (R-OH) and Don Young (R-AK), co-chairs of the Congressional Cannabis Caucus, have introduced legislation that would legalize marijuana on the federal level.The bill, the Common Sense Cannabis Reform for Veterans, Small Businesses, and Medical Professionals Act, would remove marijuana as a controlled substance; allow the Department of Veterans Administration to prescribe medical marijuana; establish a federal pre-emption mandate so financial institutions in states where cannabis is not legal can do business with cannabis companies; and have the National Institutes of Health conduct two studies on marijuana in regards to pain management and impairment.Removing marijuana from the Controlled Substances Act could pave the way for federal legalization to occur.Another part of the legislation would have the FDA and the Alcohol and Tobacco Tax and Trade Bureau develop rules modeled on the alcohol industry.Last month, the SAFE Banking Act passed the House, which would allow financial institutions to do business

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Two Republicans introduce marijuana legalization measure in House
Stock Information

Company Name: Acreage Holdings Inc Sub Vtg Shs Cl E
Stock Symbol: ACRHF
Market: OTC
Website: acreageholdings.com

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