A bill has been introduced in the United States Senate to decriminalize marijuana at the federal level, while also taxing and regulating the drug. And…
A bill has been introduced in the United States Senate to decriminalize marijuana at the federal level, while also taxing and regulating the drug. And yes, the bill is called “S. 420.”
Sen. Ron Wyden of Oregon, who is the leading Democrat on the Senate Finance Committee, introduced the bill Friday. It’s also known as the Marijuana Revenue and Regulation Act, according to the senator’s official statement.
The “420” Act would allow “taxation and regulation of marijuana products,” while also taking marijuana off of the controlled substances schedule. It would also allow licensing of the substance as well as regulation at the federal level.
