You are here

Home 🌿 Medical Cannabis News 🌿 Marijuana Legalization: Bill Would Make Pot Legal Nationwide, Place Federal Tax On It 🌿

Marijuana Legalization: Bill Would Make Pot Legal Nationwide, Place Federal Tax On It

Warning message

The subscription service is currently unavailable. Please try again later.
Submitted by Marijuana News on Fri, 02/27/2015 - 10:31

Marijuana legalization may soon spread nationwide with two Congressmen trying to strip the drug of its Schedule 1 classification and instead regulate the drug the same way as alcohol. Representatives Jared Polis of Colorado and Earl Blumenauer of Oregon are pushing for a bill that would repeal marijuana prohibition nationwide while also providing an opportunity for the cannabis industry to grow nationwide. Polis wants the federal government to treat marijuana the way it does alcohol — and even named his bill the “Regulate Marijuana Like Alcohol Act.” The bill would set parameters for the Bureau of Alcohol. Tobacco, Firearms and Explosives to create regulations for the sale of marijuana nationwide. A second bill would set a federal tax for marijuana. Polis said there is a good example in Colorado, where legalized marijuana has led to a booming cannabis industry and put millions of dollars back in the tax coffers. “Over...

Rate this article: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


420 Intel is Your Source for Marijuana News

420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.

420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.

Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.

You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.