House of Representatives Plan Vote on MORE Act in December
Marijuana Stocks, Finance, & InvestingUncategorized November 11, 2020 MJ Shareholders
This December, the U.S. House will vote on the MORE act, the act that could decriminalize cannabis and revise its status as a controlled substance.
The MORE Act stands for Marijuana Opportunity, Reinvestment and Expungement. A letterreleased November 9 by House Majority Leader Steny Hoyer laid out that the plan was to look at this bill in December during the lame-duck session. The vote was initially postponed, as it was going to happen in September.
“The House will vote on the MORE Act to decriminalize cannabis and expunge convictions for non-violent cannabis offenses that have prevented many Americans from getting jobs, applying for credit and loans, and accessing opportunities that make it possible to get ahead in our economy,” the letter explains.
The Act passed the House Judiciary Committee in November of last year. Now, a year later, if this vote does manage to pass, this could be a major first step towards legalization.
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