Congressional Cannabis Caucus Formed To Pursue Federal Legalization and Regulation

Tucker Arensberg, P.C.
Contact

On Thursday, February 16 at the U.S. Capitol, a formal bipartisan coalition of federal lawmakers launched the Congressional Cannabis Caucus to work on legislation related to marijuana legalization and regulation.  The caucus was founded by Dana Rohrabacher (R-CA), Don Young (R-AK), Earl Blumenauer (D-OR) and Jared Polis (D-CO).  All four representatives are from states where recreational marijuana use has been legalized.

During a joint 30 minute press conference announcement, the lawmakers stated that there is a need for explicit rules and federal law to stop clashing with the growing number of state laws that allow for medical and recreational use.

Congressman Rohrabacher, who has backed the Rohrbacher-Farr amendment to the Consolidated Appropriations Act and H. R 975 stated that recently introduced H.R. 975 would make sure that those federal agencies have to treat marijuana businesses consistently with the state law where such business is situated.  By changing policy on cannabis,  “many people are going to live better lives, it is going to be better for our country, for our people, and it makes economic sense at a time when every penny must count.”

Congressman Blumenauer specified that the Caucus will focus on 4 critical areas -research, veterans access to medical marijuana, practical business needs (including revamping of IRC 280E), and banking regulations.

As the Caucus gets under way, look for more federal legislation to come to level the political imbalance between states and federal marijuana laws.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tucker Arensberg, P.C. | Attorney Advertising

Written by:

Tucker Arensberg, P.C.
Contact
more
less

Tucker Arensberg, P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.