House lawmakers have introduced a bill that would allow cannabis companies to access federal funds available to other small businesses. Although cannabis businesses have been deemed essential in legal states, the federal government’s prohibition on marijuana means that marijuana businesses are not eligible for federal aid.
Possession of Schedule I and Schedule II substances is no longer a felony in Colorado as the state moves to treat addiction as a health issue. "The war on drugs is an abysmal failure, and this puts things on the right track," said bill sponsor Rep. Leslie Herod (D-Denver).
The USDA announced last week that they would not be making changes to the allowable THC limit for legal hemp. While the 2018 Farm Bill passed by Congress legalized hemp, it came with the requirement that THC content must be under 0.3%, and any hemp found to exceed that amount must be destroyed. The USDA says that it's up to Congress to make changes.
At the beginning of 2020, three states already have marijuana legislation appearing on ballots this November. South Dakotans will have a double dose of marijuana initiatives, as voters decide on both medical and adult-use legalization. Medical marijuana is on the ballot in Mississippi, and New Jersey will give legalizing recreational marijuana another go.
Changes in cannabis in 2019 include: approval for legal cannabis is at all-time highs, cannabis and hemp saw more legalization both at the state and federal level, and even some bipartisan support in Congress.
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