A key congressional committee plans to hold a historic vote on a bill to end the federal prohibition of cannabis next week, two sources with knowledge of the soon-to-be-announced action. Normally when anonymous sources are presented it might not be trustworthy, but now Forbes publishes on it and the publication has a proven track record.
According to Forbes, the legislation, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove cannabis from the Controlled Substances Act (CSA) and set aside funding to begin repairing the damage of the war on drugs. "Which has been disproportionately waged against communities of color."
"Those programs—such as job training and legal aid for people impacted by prohibition enforcement, loans for small cannabis businesses owned and controlled by socially and economically disadvantaged individuals and efforts to minimize barriers to licensing and employment in the legal industry—would be paid for with a new federal five percent tax on marijuana sales instituted under the bill, and some of them would be administered by a new Cannabis Justice Office in the Department of Justice", they write.
Read the full article at forbes.com