World

Sen. John Hickenlooper (D-CO), who was Colorados governor when the state became the first in the union tolegalizerecreational marijuana,formally introduced a bill calling for federal marijuana legalization.

At the time, Hickenlooperwas actually against legalization but overthe years, he changed his perspective and started to generally back the reform.

Hickenlooper said in a press release that a decade after Colorado pioneered marijuana legalization, Americans overwhelmingly support the same at the federal level.This bipartisan, bicameral framework, based on Colorados Amendment 64 Task Force, will replicate our success nationally.

A decade after Colorado pioneered marijuana legalization, Americans overwhelmingly support the same at the federal level.
Our PREPARE Act will create a bipartisan, bicameral framework, based on Colorados Amendment 64 Task Force, and will replicate our success nationally. Senator John Hickenlooper (@SenatorHick) December 2, 2022

In October, he previewed the legislation at an event marking the 10th anniversary of marijuana legalization in Colorado and formally announced his intention to introduce it last month.Whats In The Bill?

The "Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment(PREPARE) Act" would direct the Attorney General of the United States to establish the Commission on the Federal Regulation of Cannabis to advise on the development of a regulatory framework modeled after the Federal and State regulatory frameworks with respect to alcohol.

The new congressional measure Hickenloopers sponsoring would provide lawmakers across the ideological spectrum the opportunity to engage on cannabis reform by creating a fair, honest and publicly transparent process for the federal government to establish effective regulation to be enacted upon the termination of its 85-year prohibition of cannabis, according to a summary.

The proposal is identical to a measure introduced by Congressman Dave Joyce (R-OH) in April, with congressman Hakeem Jeffries (D-NY) and Brian Mast (R-FL) to better prepare the federal government for the inevitable end to cannabis prohibition, stated Rep. Joyce at that time.A Bipartisan Agreement

The PREPARE Act seeks to facilitate the bipartisan consensus necessary to legalize marijuana at a federal level.

Im thrilled that the PREPARE Act has been introduced in the Senate, making it not only further bipartisan, but bicameral, and bringing it one step closer to becoming law, Joyce said.

This legislation gives lawmakers on both sides of the aisle the answers they need to effectively engage on cannabis reform, safely and effectively regulate it, and remedy the harms caused by the failed war on cannabis, he concluded.

Get your daily dose ofcannabis newson Benzinga Cannabis. Dont miss out on any important developments in the industry.

Photo: Courtesy OfKym MacKinnononUnsplash

Articles You May Like

Apple sales drop 5% in largest quarterly revenue decline since 2016
CNN reporter has close call with Russian missile
Earthquake hits Turkey and Syria killing at least 100 – and felt elsewhere in the Middle East
‘It changed me’: The investigation into one of history’s worst space disasters – and its legacy
Oil giant Shell posts highest-ever annual profit of $40 billion