420 with CNW — Legislation to Federally Legalize Cannabis Reintroduced in the House

June 4, 2021 15:25:23

Last week, a legislation to promote social equity in the cannabis industry and federally legalize cannabis was tabled in the House. The bill was filed with some amendments and was sponsored by Jerrold Nadler, chair of the Judiciary Committee.

The legislation would establish a federal tax on cannabis with revenue generated being allocated to support various programs and community reinvestment, allow individuals with marijuana convictions to have their records expunged, and remove cannabis…

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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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