One joke prevalent in the cannabis industry concerns the speed with which things are always changing. Be it taxes, laws, or the tune of elected officials, it’s common knowledge in the legal marijuana trade that the cement of regulation and public opinion rarely has time to dry before its once more up-ended.
In a sense, the career of Kamala Harris is a perfect example of what her team would likely label an “evolution.”
Following news on Tuesday that presumptive Democratic presidential nominee Joe Biden had selected Sen. Kamala Harris, D-Calif., as his running mate, a tsunami of cannabis-related analysis poured in. The reason for such a swift and sizable response is due largely to the fact that Harris is the chief senator sponsor of a 2019 piece of legislation that would deschedule cannabis as a federally controlled substance.
Known as the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, the bill also includes provisions related to social equity and restorative justice. While the MORE Act is but one of several bills with a similar goal currently working its way through Congress, it will now undoubtedly enjoy greater prominence in light of Harris’ VP nomination. [Read more at SF Gate]
Your email address will not be published. Required fields are marked *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
Comment *
Notify me of follow-up comments by email.
Notify me of new posts by email.
Δ
PRESS RELEASE Taking place April 26-28, the biannual cannabis industry event will feature top thought leaders and interactive sessions for retailers, brand executives, and venture capitalists with a focus on driving…
A WW investigation finds trouble at La Mota, the second-largest cannabis dispensary chain in Oregon. On a crisp evening last May, Rosa Cazares threw a party. It was a fundraiser…
Gov. Andy Beshear says he will sign a bill legalizing medical marijuana in Kentucky on Friday. The Kentucky House gave final passage to the measure Thursday — the 30th and…
White Paper Timing and speed to market are crucial when starting a new cannabis project. The cannabis industry moves at a rapid pace. New cultivation businesses either keep up or…