In a history altering vote yesterday, the Marijuana Opportunity Reinvestment and Expungement Act of 2019 or H.R.3384 was passed in the U.S. House Judiciary Committee by a 24-10 vote. The reform bill was introduced by the House of Judiciary Committee Chairman Jerrold Nadler and would federally decriminalize cannabis in 7 important ways as long as it passes in the Senate and isn't vetoed by the president. The bill is being carried into the senate by Democrat Kamala Harris.
1.) MORE would federally decriminalize cannabis by removing it as a schedule one drug on the controlled substance list. States would still be able to choose how to regulate their state wide cannabis industry.
2.) Small Business administration could provide loans for cannabis businesses.
3.) A 5% Tax on retail sales would be instated which would benefit the community by being applied to job training, small business loans, and benefiting individuals and communities impacted by prohibition's effects.
4.) States would be given incentive to expunge records for marijuana related charges.
5.) A cannabis justice office Would be created to launch a program to redistribute resources into heavily impacted communities.
6.) Doctors working with Veterans Affairs could recommend medical cannabis to patients who meet the criteria.
7.) More licenses would be administered to businesses seeking to enter the legal market.
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