Republican-Led Cannabis Legalization? – EisnerAmper

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And with the Democratic margins in the House and the Senate shrinking, and COVID-19 and the economy still on everybody’s mind, the Democratic Party seems to have other priorities that rank a little higher than cannabis legalization.

Under this proposal, cannabis would be treated similarly to alcohol, thereby removing the Food and Drug Administration as the regulatory body and making the Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau the chief regulator for the industry.

This bill, while not yet introduced, is being championed by Nancy Mace, R-SC and is expected to be introduced soon.

In a recent Gallop Poll, about 68% of Americans support legalizing cannabis.

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