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420 with CNW — Cannabis Trade Groups Submit Formal Comments on Sen. Schumer’s Federal Legalization Measure

Various national cannabis activist groups and trade organizations have submitted formal comments on the draft of the latest federal initiative on cannabis reform, many of which emphasize the need for interstate commerce and lower taxes. The written comments, which were due to the U.S. Senate last week, include more than 150 pages of feedback on the comprehensive reform measure that’s being spearheaded by Democratic Senators Ron Wyden and Cory Booker along with Senate Majority Leader Chuck Schumer.

The bill, dubbed the Cannabis Administration and Opportunity Act, would legalize cannabis on a federal basis by allowing states to continue deciding whether to allow or prohibit cannabis commercial sales and…

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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