fbpx
QQQ
+ 4.33
336.68
+ 1.27%
DIA
-2.13
342.89
-0.63%
SPY
-0.15
422.26
-0.04%
TLT
+ 2.11
138.82
+ 1.5%
GLD
-5.16
176.27
-3.02%

Federal Measures To Protect Cannabis Users In Legal States Head To House Floor

June 19, 2019 12:03 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Federal Measures To Protect Cannabis Users In Legal States Head To House Floor

Measures that would keep the Justice Department from interfering in legal state cannabis programs are part of a budget bill now headed to the full House floor.

The U.S. House Rules Committee on Tuesday approved a series of amendments to one of the spending bills that funds the government, including one that prohibits the DOJ from enforcing federal marijuana laws to prosecute people for using cannabis legally under their state law. The full spending bill, including the amendments, also won committee approval and is heading to the House floor next. 

The committee also added to the spending measure a provision that allows doctors to recommend medical marijuana to veterans in the VA system — and to prevent the DOJ from overriding marijuana laws on tribal lands.

Need more cannabis news? Check out all of our coverage here.

One-Year Authorization

If the measure eventually gains full Congressional approval, the amendments would still only shield the states from federal marijuana enforcement for a year: spending bills are reauthorized annually.

The proposed budget bill also included a provision to prevent the DOJ from spending any money to prevent states from enacting medical marijuana laws.

On To House Floor

The spending bill could get a full House vote later this week, but the measure would still need approval in the Senate, which hasn’t taken up its version of the appropriations legislation.

The House Rules Committee used to be a place where pro-cannabis amendments died under the previous Republican leadership. But since the 2018 election, new chairman James McGovern, a Massachusetts Democrat, has pledged to allow marijuana legislation to move forward.

Related Links

The Week In Cannabis: Colorado Hits $1B In Sales, Harborside In Canada, Kroger Embraces CBD, And More

RegTalk: Colorado's 7 New Cannabis Laws Will Propel Industry Forward

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.


Related Articles

How Should The US Tax Cannabis And Approach Tax Reform? Expert Gives 3 Approaches

Ulrik Boesen, a Senior Policy Analyst at the Tax Foundation, recently joined Bank of America for an investor call about U.S. cannabis tax policy. Boesen said tax policies toward cannabis in the U.S. today need a lot of improvement, but regulators also have to be careful to avoid negative consequences. read more

Traveling With Weed In The US: Everything You Should Consider

By WeedMaps News' Tyler Koslow, provided exclusively to Benzinga Cannabis. read more

US Cannabis Legislation Update: 'SAFE Act Gaining Steam'

The ETFMG Alternative Harvest ETF (NYSE: MJ) is down 26.3% in the last three months as efforts to push for federal U.S. cannabis legalization haven’t progressed as quickly in Washington, D.C. during the early innings of the Joe Biden administration as some investors had hoped. read more

'Senate Majority Leader Chuck Schumer on decriminalizing marijuana: "I support decriminalization at the federal level, and we'll be introducing legislation with a few of my colleagues shortly.'' -Earlier ABC News Politics Tweet

https://twitter.com/ABCPolitics/status/1377280709686091779?s=20 read more