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Gauging the Future of Legal Marijuana in a Democrat-Led Senate


Westword: Do you have more confidence in recent federal cannabis bills like the Safe Banking Act or MORE Act now that Democrats control the Senate?
Christian Sederberg: I m optimistic about everything. The biggest challenge in the last several years has been that even once something gets out of the House, like what we saw with the MORE and Safe Banking Acts, it didn t have any chance of being put on the agenda in the Senate, because of the previous leadership. That s very deflating, and it s a hard road when Senate Majority Leader [Mitch] McConnell wouldn t let legislation coming from the House gain movement in the Senate. Now that you have Democrats controlling the Senate, even though it s a razor-thin margin, they control the chairs of committees. Senator Mike Crapo from Idaho, a Senate committee chair, was not friendly to cannabis, and that hurt the Safe Banking Act, because we couldn t get it moving at all. Then the time ran out that year. ....

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With legal weed coming to New Jersey, U.S. must open doors for cannabis research - WeedLife News Network


With legal weed coming to New Jersey, U.S. must open doors for cannabis research
Monday, 11 January 2021
There’s an ancient botanical that millions of Americans take for epilepsy, cancer pain, Parkinson’s disease, post-traumatic stress disorder, multiple sclerosis and other serious and debilitating conditions.
The drug is cannabis. But American researchers who want to study cannabis are thwarted at every turn. Federal law still classifies cannabis as a Schedule 1 drug, a list that includes highly dangerous and addictive drugs such as heroin. The government says cannabis has no accepted medical use and a high potential for abuse. Even cocaine is not a Schedule 1 drug. ....

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Politics and Pot: Red, Blue…and Green - Investing Daily


Investing Daily
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When President Franklin Delano Roosevelt was asked at a press conference whether he was a capitalist, a communist, or a socialist, he simply responded: “I am a Christian and a Democrat, that’s all.”
Now that the Democrats are set to control the White House and both chambers of Congress, don’t get hung up on political labels and “isms.” Put aside red and blue and keep your eye on the green, as in marijuana and money.
Marijuana “normalization” continues at the state level. Illinois Gov. J.B. Pritzker in late December announced the forgiveness and expungement of about 500,000 criminal cannabis cases. Pritzker stated that he issued pardons for 9,210 low-level cannabis convictions. ....

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House Of Representatives Passes A Cannabis Bill That Republicans And Democrats Can Agree On | Sheppard Mullin Richter & Hampton LLP


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On December 9, 2020, the House of Representatives passed H.R. 3797 The Medical Marijuana Research Act (the “Bill”), expanding access to cannabis for medical research purposes. In so doing, a bipartisan majority of members of the House of Representatives agreed that, while proponents and opponents of cannabis legalization are entitled to their own opinions, they are not entitled to their own facts.
While jurisdictions throughout the country have legalized various uses for cannabis, the federal government continues to classify the plant as a Schedule I drug under the Controlled Substances Act, making it illegal to produce it or process it at the federal level. As a result, the National Center for Natural Products Research at the University of Mississippi which is funded through the National Institute on Drug Abuse (“NIDA”) is the only federally approved supplier of cannabis for research purposes. ....

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