420 with CNW — Why Cannabis Legalization in Virginia Could Trigger Federal Marijuana Policy Reform
Apr 14, 2021
At the moment, 36 states have legalized medical cannabis while 16 states allow recreational cannabis, showing that a majority of Americans support cannabis decriminalization. Although both New York and Virginia had legalized recreational cannabis by the end of March, it was the news that the Southern state had finally allowed adult-use marijuana that illustrated just how much the tide had changed in cannabis’ favor. With the Democratic Party in control of both the House and Senate and Senate Majority Leader Chuck Schumer gunning for federal legalization, the chances that we will soon see a federal cannabis legalization bill are pretty high.
In early April, Schumer made it clear that even though he would appreciate having President Biden’s support, the Senate would move forward with a cannabis bill whether the president was on board or not. Although Biden has said he is more than okay with legalizing medical marijuana and expunging prior cannabis-related offenses from records, he does not support the broad cannabis legalization the Senate Majority leader is after. While Schumer is now an outspoken advocate for cannabis reform, he wasn’t always a supporter, having been…
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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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