US Cannabis Policy Updates

When will cannabis be legalized at the federal level?

There are several bills affecting cannabis policy at the national level that are currently working their way through Congress. The MORE Act, approved by the Democratically-controlled House of Representatives, offers nation-wide legalization in addition to several measures intended to counteract the decades of harm caused by the failed War on Drugs.

There is also a Senate bill to legalize cannabis nationally that is being pursued by Chuck Schumer, Cory Booker, and other senators seeking to solve the current dilemma with cannabis legalized in certain states but outlawed federally. Additionally, there have been short-term “stopgap” measures proposed to grant state-legal cannabis businesses access to banking services and to improve how they are considered by the IRS for taxation.

Is there a timeline for national cannabis bills to be considered?

The truth is, although there are currently multiple bills being put forward to accomplish full cannabis legalization in the U.S., nobody knows when (or if) the Democratic-controlled congress will bring them to a vote. For all of the liberal posturing about criminal justice reform in the wake of 2020’s widespread protests after the police killings of George Floyd, Breonna Taylor, and others, there seems to be little motivation in Congress to right the wrongs of the Drug War and release prisoners who are still serving long sentences for low-level drug offenses.

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