Cannabis News

Cannabis News: MORE Act Update

Organizations for civil rights are striving for a vote in the U.S. House of Representatives this month on a proposal to federally legalize cannabis, however some advocates with expertise in state-level cannabis legislation are now calling for updates to the measure to guarantee that the industry is inclusive and that those most affected by criminalization can profit from the legal market.

They claim that without changes to the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, licensed cannabis commerce will be taken up by a small number of giant corporations, “putting most small cultivators and retailers out of business.”

To establish equity, activists argue that a discussion about how to keep major corporations, particularly Big Tobacco and Big Alcohol, from market dominance once federal prohibition is abolished is essential. There’s an urgency about addressing that part of the policy, with the Amazon corporation, for instance, now campaigning in support of the MORE Act.

The MORE Act’s backers “deserve full credit for their determination to address” equity policy efforts, according to the Parabola Center’s overview of the suggested revisions, however it raises doubt that the federal government is prepared to monitor and regulate a nationwide cannabis industry, recognizing that its “experience with cannabis until now has been exclusively limited to interdiction and prosecution predominantly targeting Black and Latino communities.”

https://trichomes.com/tcsearch/view/Activists-Submit-Revisions-to-Federal-Cannabis-Legalization-Proposal-to-Prevent-%E2%80%9CCorporate-Cannabis%E2%80%9D

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