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Benzinga
Benzinga
Business
Nicolás Jose Rodriguez

Why Is The Co-Chair Of Congressional Cannabis Caucus Intending To Vote Against The MORE Act?

A key House committee on Wednesday formally advanced the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act, which will essentially legalize cannabis, to the floor. 
Meanwhile, Rep. Dave Joyce (OH-R), co-chair of the Congressional Cannabis Caucus, sent a letter to fellow GOP members explaining why he intends to vote against the MORE Act as drafted. Likewise, he offered them guidance on the “cannabis policy landscape,” reported Marijuana Moment.

Sponsored by House Judiciary Committee Chairman Jerrold Nadler (D), the MORE Act would remove marijuana from the list of federally controlled substances, promote equity in the industry and impose a federal tax on marijuana products to fund various initiatives.

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