Colorado marijuana federal legalization: Donald Trump would "probably" support Cory Gardner's bill

Lester Mason
June 9, 2018

However even as states legalize, marijuana has remained a hazardous and unstable business because of the federal law making it illegal. fears about federal law enforcement seizures have inhibited most lenders from working with marijuana businesses.

Asked if he supported the bill, Trump said: "I really do".

Nick Etten, founder and executive director of the Veterans Cannabis Project, contended that while the legislation - which seeks to ensure states have the right to determine the best approach to marijuana within their own borders - marks an important sign of bipartisan respect for voters, it fails to help veterans access medical marijuana.

The Democratic senator's bill also removes cannabis from the list of substances prohibited under the Controlled Substances Act. Jeff Merkley, D-Ore., that would prohibit federal banking regulators from terminating or limiting the deposit insurance to legitimate marijuana-related businesses or discouraging depository institutions from offering financial services to an account holder exclusively because of affiliation with such businesses.

The legislation, which was unveiled on Thursday, will not legalize marijuana.

"I support Sen. Gardner". The bill in question, that is being campaigned by a bipartisan coalition, which would allow states to go carry onward with legalization unencumbered by threats of federal prosecution. "So part of the pitch here for getting a vote through Congress is to say 'This is for the states who want to act'".

President Donald Trump on Friday told reporters he's likely to support a bill introduced by Bainbridge Township GOP Rep. Dave Joyce that would block the federal government from interfering with state efforts to legalize marijuana.

"Given that this bill is being co-led by Sen".

Sessions said during an interview with Colorado Public Radio on Friday that he didn't attend the Gardner and Trump meetings on the proposed change to federal marijuana policy. Coming out in favor of the bill could further sour his already troubled relationship with Sessions, who left the president fuming previous year when he recused himself from the federal probe into the Trump campaign's ties to Russian Federation, despite Trump's orders. Medical marijuana is already legal in Canada.

The bill would exempt states that have legalized marijuana from the section of the Controlled Substances Act that prohibits cannabis use and lists the drug as a unsafe substance with no medical value.

A further 20 states permit use of weed for medicinal use. My view is clear: "The federal law remains in effect nationwide, just as it does for heroin and cocaine".

The legislation would also clarify that financial transactions with legal marijuana businesses do not constitute drug trafficking.

Canada would be the first member of the Group of Seven (G7) industrialized countries to legalize marijuana for personal use.

Other reports by Iphone Fresh

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