
A long-awaited U.S. Senate legislation that would decriminalize and deschedule cannabis on the federal level, while also promoting social equity, has finally been unveiled.
What Happened: The bill from Senate Majority Leader Chuck Schumer, Senators Ron Wyden, and Cory Booker — titled the Cannabis Administration And Opportunity Act (CAOA) — was presented Thursday. Here are the highlights from the nearly 300 pages: