July 29, 2021 at 2:45 PM
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For the past month, this column has focused on the federal legalization of marijuana, which continues to be at the forefront of lawmakers’ agenda. A few days following my most-recent article, a 163-page discussion draft legislation intended to end the decades-long federal marijuana prohibition was unveiled by its lead sponsors, Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR), and Sen. Cory Booker (D-NJ). Here is a 30-page summary of the discussion draft for those of you who prefer CliffsNotes.
The draft bill, formally known as the Cannabis Administration and Opportunity Act (CAOA), was introduced “to spur a robust conversation among stakeholders” to inform members of Congress as they craft the final legislative proposal.