LOS ANGELES – A divided U.S. House committee approved a proposal Wednesday to decriminalize and tax marijuana at the federal level, a vote that was alternately described as a momentous change in national cannabis policy and a hollow political gesture.
The House Judiciary Committee approved the proposal 24-10 after more than two hours of debate. It would reverse a long-standing federal prohibition by removing marijuana from the Controlled Substances Act, while allowing states to set their own rules on pot.
The vote “marks a turning point for federal cannabis policy and is truly a sign that prohibition’s days are numbered,” Aaron Smith, executive director of the National Cannabis Industry Association, said in a statement.
Cannabis Trade Federation CEO Neal Levine called the vote “a historic step forward for cannabis policy reform.”
The vote came at a time when most Americans live in states where marijuana is legal in some form, and committee members from both parties agreed that national cannabis policy lagged behind changes at the state level. That divide has created a host of problems. Loans and other banking services, for example, are hard to get for many marijuana companies because pot remains illegal at the federal level.
The House bill’s future is uncertain. It wasn’t immediately clear if the proposal would be reviewed by other committees, nor was it clear when or whether a vote would take place in the full House. The proposal has better chances of passing in the Democratic-controlled chamber than in the Republican-held Senate.
The House passed a bill earlier this year to grant legal marijuana businesses access to banking, but it hasn’t advanced in the Senate.
Republicans on the House Judiciary Committee complained that the proposal to decriminalize cannabis had never had a hearing and lacked the bipartisan support needed to become law.
“It’s going nowhere,” said Representative Doug Collins, a Georgia Republican.
Published: November 21, 2019
Founder & Interim Editor of L.A. Cannabis News