Congress Will Vote On Federal Marijuana Legalization Next Month, House Leadership Announces
Marijuana Stocks, Finance, & InvestingUncategorized November 10, 2020 MJ Shareholders
Less than a week after an Election Day in which voters in five states approved ballot measures to legalize marijuana in some form, a top leader in the U.S. House of Representatives announced that the body will hold a floor vote on a bill to end federal cannabis prohibition next month.
While the presidential election has seized national attention, with advocates hoping President-elect Joe Biden will make good on his campaign pledge to pursue modest marijuana reform starting next year, the comprehensive marijuana legalization bill is still in play during the current Congress.
House Majority Leader Steny Hoyer (D-MD) previously announced this summer that the chamber would vote on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act in September, but that plan was postponed following pushback from certain centrist Democrats who worried about the optics of advancing cannabis reform before passing another coronavirus relief package.
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