I am going to look at this glass half full. Just last week, Sens. Chuck Schumer (D-NY), Cory Booker (D-NJ), and Ron Wyden (D-OR) introduced their big Cannabis Administration and Opportunity Act (CAOA). Like the bill that passed the House earlier this year (the MORE Act), these senators’ bill would decriminalize cannabis on the federal level. And, as we have written many times already, other federal legislation (I’m looking at you SAFE Banking Act) has had momentum for some while now. That dam is inevitably going to break at some point. We also have seen positive activity on cannabis research legislation recently.
