Gillibrand unveils marijuana legalization plan
Marijuana Stocks, Finance, & InvestingUncategorized June 8, 2019 MJ Shareholders
Sen. Kirsten Gillibrand (D-N.Y.) unveiled her plan to legalize marijuana Wednesday, saying that ending the federal prohibition on the drug would be “a top priority of my presidency.” Gillibrand said the “unfair” enforcement of federal marijuana laws has had disproportionate impacts on communities of color and prevents medical patients’ access to the drug to treat chronic pain or other conditions.
“These are real injustices that affect millions of Americans and multiple areas of our society, and it’s past time to get to work making them right,” Gillibrand said in a Medium post.
The New York Democrat’s plan includes establishing a process to regulate and tax marijuana production, expunging all non-violent marijuana convictions, expanding medical access to marijuana to all private and many federal health plans, investing in research into the drug’s health benefits, and directing funds gained through taxes to communities of color and women- and minority-owned small cannabis businesses.
Gillibrand said her plan seeks to nationalize progress made in a handful of states that have already legalized marijuana. The drug is legal for recreational use in 10 states and the District of Columbia and is legal for medical use in 33 states.
“We’ve made great progress in recent years on legalizing marijuana at the state and municipal level, and we’ve seen the positive benefits in states like Colorado, Washington, and more. But a state-by-state patchwork is not enough to tackle the deeply rooted racial, social, and economic injustices within our marijuana laws, or to fully unleash the economic equity and opportunity of marijuana legalization,” Gillibrand said.
MJ Shareholders
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers