Back in June, the governor of Colorado signed into law a marijuana bill that would promote social equity in Colorado’s marijuana market. On top of that, the bill would give Gov. Jared Polis the power to unilaterally issue pardons for prior marijuana convictions. Decades after the War on Drugs began, it is crystal clear that it has led to the over-policing of certain communities, and the bill was designed to fix some of these wrongs.
On Thursday, one day after the new law took effect, the governor signed an executive order granting nearly 3,000 pardons for people convicted of the possession one ounce or less of marijuana. Although the bill gives Gov. Polis the authority to grant clemency for cases of possession of up to two ounces, he limited it to one ounce because that’s the legal possession limit under…
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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