…move to decriminalize marijuana at the federal level
For the first time in history… move… to decriminalize marijuana at the federal level, proposing to the remove cannabis from the federal list of controlled substances… The bill automatically expunges federal non-violent marijuana crimes…
The federal legislation would allow states to craft their own cannabis laws, just as states do with alcohol… a new federal excise tax would also be created by the legislation similar to alcohol and tobacco. Cannabis would be taxed at 10% in the first year after the legislation becomes law. That rate “would increase annually to 15 percent, 20 percent, and 25 percent in the following years. Beginning in year five and thereafter, the tax would be levied on a per-ounce rate in the case of cannabis flower, or a per-milligram of THC rate in the case of any cannabis extract,” according to the discussion draft.
Original Article (MSN/ABC News):
Democratic senators move to decriminalize marijuana at the federal level
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