Called the Marijuana Opportunity Reinvestment and Expungement Act, the bill would remove marijuana from the Controlled Substances Act and require prior pot convictions to be expunged or re-sentenced.
"This is the most comprehensive and functional legislation put forth," Justin Strekal, political director of the National Organization for the Reform of Marijuana Laws, said of Nadler and Harris' new bill.
"We think it's deeply unfair that now people are making so much money and so much wealth being created from regulated marijuana markets when historically people of color and low-income people have bore the brunt of drug enforcement policy in this country," said Maritza Perez, a senior policy analyst for criminal justice reform at the Center for American Progress, which backs the bill.
The cannabis opportunity grant would offer loans to help marijuana businesses that are owned and operated by "socially and economically disadvantaged individuals." The equitable licensing grant would help states develop "equitable cannabis licensing programs" to minimize barriers to entry. "We started to see communities targeted for drug offenses and purposely being left out of the ability to be part of the business community of cannabis," she said.
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