The bill set for a vote in the US House of Representatives is called the Marijuana Opportunity Reinvestment and Expungement Act, or the "." It would end criminal penalties for anyone who sells cannabis in states where that's legal, decriminalize the use of cannabis throughout the US, and formally allow states to chart their own course in establishing commercial marijuana sales.
That growing acceptance could help turn cannabis into a $100 billion market, by revenue, in the next ten years, according to analysts at Cowen. The analysts projected growth in legal sales and illicit sales to give a picture of what the total market could look like in the US by 2030 if marijuana is federally legalized.Results from a recentshow that 68% of Americans support marijuana legalization. Among 18 to 29-year-olds, that figure rises to 79%.
Some activists and cannabis industry experts say it's a matter of when, not if, the US federal government finally takes action on marijuana decriminalization or legalization, whether it's a version of the MORE Act that becomes law or a different piece of legislation.The ultimate guide to marijuana legalization: Here are all the states that passed cannabis reform, the key dates to know, and which stocks could benefit the most.
Green deal looking good
CarverJohns Time to Invest!!
If the Federal Government would simply change the classification of Marijuana and not make it a crime to have it, each State could reap the profits generated by an uptick of medical prognosis’s and its proven benefits.
Federal legalization would also create a TON of jobs LegalizeIt
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