President Joe Biden announced He will pardon all previous federal offenses for simple marijuana possessionannounced the White House on Thursday and broadcast Cannabis stocks are rising.
The historic move signals the possibility of broader marijuana reform, something cannabis activists have long sought and sought supported by the majority of US voters.
Senator Cory Booker (D-NJ), one of the co-sponsors of legislation that would decriminalize and decriminalize cannabis at the federal level and promote social justice, the Cannabis Administration and Opportunity Act (CAOA) praised the news.
“President Biden’s executive order is transforming the lives of thousands of people and families harmed by our broken cannabis laws,” Booker specified. “This is a big step towards a fairer criminal justice system and more rational drug policies.
“Now is the time for Congress and the states to put an end to our failed policies by legalizing and appropriately regulating cannabis, taxing cannabis, reinvesting proceeds into communities disproportionately harmed by the War on Drugs, and criminal records for… eradicate nonviolent drug crimes.”
A year agobooker urged the Department of Justice (DOJ) to use its powers under the Controlled Substances Act of 1970 (CSA) to initiate the process of de-listing cannabis from Schedule 1 drugs.
Then again, in July 2022, Booker demanded the Biden administration to use his power to remove cannabis and grant pardons to all those convicted of nonviolent marijuana-related crimes.
Is federal marijuana legalization the next step?
While many industry experts doubt that federal cannabis legalization will happen anytime soon, they believe at least one piece of legislation has the potential to pass the Senate anytime soon. promoter of Safe and Fair Enforcement Banking Act (SAFE).lead by Senator Jeff Merkley (D-OR), recently discussed the urgency of cannabis reform in this session, reaffirming public safety…
