Sen. Wyden introduces bill to legalize Cannabis in US

Culture Magazine reports:
New measures have been filed in the House and Senate today to remove cannabis from the Controlled Substances Act and create a federal regulatory process for states that choose to regulate the cultivation and sale of cannabis for adult use.

This morning, March 30, Senator Ron Wyden (D-Oregon), Congressmen Earl Blumenauer (D-Oregon) and Jared Polis (D-Colorado) introduced legislation that would end cannabis prohibition in the United States. If the bill were passed it would permit individual states to put a cannabis policy into place without fear of the federal government tampering with their cannabis laws. It would also allow the FDA to recognize cannabis as medicine.

Wyden and Blumenauer also filed cannabis policy “gap” bills that are aimed at eliminating many of the collateral consequences associated with federal cannabis convictions without removing cannabis from the Controlled Substances Act. An additional bill was filed this morning that would reform section 280E of the U.S. Tax Code to allow state-legal cannabis businesses to deduct ordinary and necessary business expenses from their federal taxes.

“With marijuana legalization being supported by 60 percent of all Americans while Congress’ approval rating is in the low teens, ending our country’s disastrous prohibition against marijuana would not just be good policy, but good politics,” Erik Alteri, Executive Director of NORML , stated in a press release.

Full Report @ Culture Magazine http://ireadculture.com/bill-legalize-cannabis-nationwide-introduced/

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