The bill simply calls for the reclassification of cannabis products so that it’s possession is no longer a criminal act under the Controlled Substances Act of 1970.[2] When the industry is finally formalised and regulated on a federal level, new taxes would be levied on marijuana sales and the proceeds would go to helping the communities most adversely affected by the decades-long ‘war on drugs’ that first started under the Nixon administration over half a century ago.
