- The Bipartisan STATES Act was introduced by senators Cory Gardner(R-CO) and Elizabeth Warren (D-MA)
- The Bill protects states with legal marijuana laws from federal interference
- The STATES Act also solves major problems facing Cannabusiness Owners
In response to Attorney General Jeff Sessions continued efforts to halt all progress made towards legalization, senators Cory Gardner (R-CO) and Elizabeth Warren (D-MA) introduced the Strengthening the Tenth Amendment Through Entrusting States Act. The bipartisan STATES Act, would effectively protect corporations and individuals in compliance with state laws from Federal persecution regarding marijuana legislation. The best part? Trump says he’s on board.
When asked about the bill, President Trump stated, “I support Gardner. I know exactly what he’s doing. We’re looking at it. But I probably will end up supporting that, yes.” Despite Trump’s blatant disregard for the ‘bipartisan’ aspect of the bill, it can’t be a bad thing that he supports these ideas.
Although there haven’t been many federal interventions regarding each state’s marijuana legislation, the possibility always remains, especially with Sessions as Attorney General. The STATES Act would solve this issue by creating an exemption to the U.S. Controlled Substance Act for states with any form of legalized marijuana policy. Furthermore, the bill would take industrial hemp off the controlled substances list altogether, which creates endless economic possibilities for the future.
The bill would also pose a solution to a major problem facing cannabis business owners around the country. Because marijuana is federally illegal, banks cannot take any money from these business owners, forcing them to pay all expenses and keep all assets in cash. This lack of access to a secure banking system poses an incredible security threat to cannabusinesses, but this problem would be solved with the adoption of the STATES Act.
Adopting this bill would provide business owners and others involved in the Cannabis Community around the country with a stronger sense of security. Overall, the bill is a strong step in the right direction towards legalization and acceptance as it leaves the issue up to each state to decide, but only time will tell whether these steps forward will become reality.
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