WASHINGTON, D.C. – In an effort to benefit communities harmed by the war on drugs, the U.S. House could potentially vote on ending the federal cannabis ban sometime this week.
According to NJ.com, the House could vote on the Marijuana Opportunity Reinvestment and Expungement (MORE) Act as early as this Wednesday, as indicated by schedules released last Friday.
The bill, which was passed by the House Judiciary Committee last September, would make cannabis businesses eligible for checking accounts and loans from the Small Business Administration. It would also expunge prior cannabis convictions at a federal level.
The bill would also institute a tax on marijuana, money that will be put towards job training, drug treatment programs, and literacy.
Although the House approved the legislation in the closing weeks of the last Congress in 2020, it never reached the Senate. However, Senate Democrats are also drafting legislation to end federal cannabis prohibition and help those most affected by the war on drugs.