New bill to federally legalize marijuana filed in US House: report

seekingalpha2023-10-26

A new bill to federally legalize marijuana has reportedly been filed in the US House by a bipartisan group of Congress members. The States Reform Act, which is being sponsored by Rep. Nancy Mace of ...

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The States Reform Act, which is being sponsored by Rep. Nancy Mace of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4024094-new-bill-to-federally-legalize-marijuana-filed-in-us-house-report\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4557","symbol_name":"大麻股","start_time":0,"source_url":"https://seekingalpha.com/news/4024094-new-bill-to-federally-legalize-marijuana-filed-in-us-house-report","article_id":"2378259280","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1227117638/image_1227117638.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2378259280","pubTimestamp":1698251033,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"A new bill to federally legalize marijuana has reportedly been filed in the US House by a bipartisan group of Congress members. 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The States Reform Act, which is being sponsored by Rep. Nancy Mace of South Carolina, a Republican, was first filed in 2021 as an alternative to legislation introduced by Democrats. The bill would essentially treat marijuana like alcohol and grandfather existing state-licensed cannabis operators, according to cannabis industry news outlet Marijuana Moment. Although text from the latest version of the bill is not yet available, the previous version removed marijuana from the Controlled Substances Act, levied an excise tax, and called for the expungement of records for people convicted of non-violent marijuana violations.  The news outlet added that it was unclear how the latest version of the bill will fare given that the House is currently without a speaker.  Multi-state operators: Cresco Labs (OTCQX:CRLBF), The Cannabist Co. (CCHWF), Trulieve Cannabis (OTCQX:TCNNF), Curaleaf Holdings (OTCPK:CURLF), Green Thumb Industries (OTCQX:GTBIF), MedMen Enterprises (OTCQB:MNNFF), Acreage Holdings (OTCQX:ACRHF), Ayr Wellness (OTCQX:AYRWF); Verano Holdings (OTCQX:VRNOF), and Jushi Holdings (OTCQX:JUSHF). Cannabis ETFs: AdvisorShares Pure Cannabis ETF (YOLO), Amplify Seymour Cannabis ETF (CNBS), ETFMG Alternative Harvest ETF (NYSEARCA:MJ), AdvisorShares Pure US Cannabis ETF (MSOS), and Global X Cannabis ETF (POTX).  More on Curaleaf  Curaleaf Has More Risk Than Peers Unlocking Cannabis: Legalization Timelines, Debt Risk + Unique Value Plays With Alan Brochstein And Julian Lin Cannabis Investing With Alan Brochstein & Julian Lin - REITs And Canadian LPs Over MSOs New York cannabis sales reach $83M YTD despite recent slowdown Schumer indicates he may tie in criminal justice to marijuana banking bill","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2378259280"}