Trump has paved the way for U.S. marijuana legalization, a move that sent many of the top marijuana stocksskyrocketing and a number of Democrats applauding. President Trump will essentially withdraw federal objections to state marijuana legalization ambitions.
If Trump is to proceed, which does seem likely, this would be a huge reform of federal marijuana laws, which is currently prohibited. It means states would no longer need to contend with the federal government when implementing marijuana legislation.
Democrats like Colorado Senator, Cory Gardner, was thrilled by the announcement.
“Since the campaign, President Trump has consistently supported states’ rights to decide for themselves how best to approach marijuana,” U.S. Sen. Cory Gardner (D-CO) said in a statement. “Late Wednesday, I received a commitment from the President that the Department of Justice’s rescission of the Cole memo will not impact Colorado’s legal marijuana industry. Furthermore, President Trump has assured me that he will support a federalism-based legislative solution to fix this states’ rights issue once and for all.”
We’d be hard-pressed not to attempt to draw a conclusion between Trump’s move being a rather timely shot at current Attorney General, Jeff Sessions, who has been rumored to potentially be fired soon. Clearly, Gardner’s statement confirms that Trump’s held this ambition from day one, but I would imagine the timing is somewhat strategic on a multitude of levels.
But more bitter than Sessions is likely executives at pharmaceutical companies who have boldly donated to fighting against marijuana legalization in the United States. A chart posted by the Washington Post back in 2016 shows exactly why pharmaceutical companies would be a bit uneasy with impending marijuana legislations all throughout the United States.
Those statistics are nothing short of stunning. The fact is, fully legalized marijuana would allow millions of people suffering from chronic pain to at least try marijuana as an option (legally). They’d not need a pricey prescription nor have to purchase from black market sources
It will be seen gradually step by step
Chicago — Gov. JB Pritzker, key lawmakers and stakeholders from around the state announced that they have agreed on a framework to legalize adult use cannabis in the State of Illinois on Jan. 1, 2020. The measure would allow adults 21 and over to legally purchase cannabis for recreational use from licensed dispensaries and create the most equity-centric law in the country. Supporters expect that this measure will be a starting point to kick off the next phase: legislative debate and feedback from broader groups of lawmakers and other stakeholders. The measure will be introduced Monday as an amendment to Senate Bill 7. A copy of the legislation is attached. “Years of work by stakeholders across Illinois means that today we are putting forward a framework for the General Assembly to move forward this session to legalize adult use cannabis, and we welcome additional feedback and insight during this debate,” said Governor JB Pritzker. “From the outset, I made clear that any plan for adult use cannabis had to prioritize social justice and equity, and the approach we’re taking starts righting some historic wrongs and opening up access to this new market with a $20 million loan program that will help qualified applicants from impacted communities.” Building on legislation initially put forward by Senator Steans and Representative Cassidy, six working groups led by the Governor’s Office met for the past several weeks to finalize the framework.