Senator Ron Wyden (D-Oregon) introduced a bill to senate called The Marijuana Revenue and Regulation Act, fittingly designated S. 420.
This bill aims to responsibly legalize, tax, and regulate marijuana at the federal level. This goes to show that the falsified walls of prohibition are breaking down and our great nation is one step closer to national legalization. If this bill were to go through it would deschedule marijuana by removing it from the Controlled Substances Act, allow marijuana to be regulated similar to alcohol, and states would be able to establish their own marijuana regulatory policies free from federal interference.
“The federal prohibition of marijuana is wrong – plain and simple. Too many lives have been wasted and too many economic opportunities have been missed. It’s time for Congress to respect the will of the voters in Oregon and nationwide, who are demanding common-sense drug policies.”
S. 420 is part of a 3 bill package labeled “The Path to Marijuana reform” which would reduce barriers for legal marijuana businesses to get access to banking, eliminate advertising prohibitions, expunge criminal records, shield immigrants from deportation over marijuana and allow Department of Veterans Affairs doctors to issue medical cannabis recommendations. Furthermore, it would exempt state-legal cannabis business from the harsh and unfair taxes of federal provision 280(E). Hopefully this will help finally bring justice to our country and end the failed prohibition of cannabis that the United States has suffered for the last century.
This is not the first time that a piece of legislation has been presented with a nod to cannabis culture. The first move to establish medical cannabis in California was numbered SB 420 in 2003. Just last month Earl Blumenauer, another representative from Oregon also filed a congressional bill named H.R. 420. Rhode Island and Capitol Hill have both named 420 bills in the past as well.
Nothing is set in stone and national laws have not changed but Wyden is confident that marijuana will become legal soon. “The American people have elected the most pro-cannabis Congress in American history and significant pieces of legislation are being introduced.” Regardless this is a sign of momentum in the right direction of our country creating a better tomorrow.