U.S. watch: New 420 Bill would regulate cannabis like alcohol

A federal lawmaker who vowed last year to get the ball rolling to end federal marijuana prohibition in the 2019 legislative session is already making strides to get it done. Representative Earl Blumenauer of Oregon, one of the founders of the Congressional Cannabis Caucus, has introduced what is being referred to as the “420” bill, which is designed to eliminate marijuana from the confines of the Controlled Substances Act and allow it to be taxed and regulated like alcohol.

 

 

It’s the first step to full-blown legalization nationwide, and to taking the cannabis industry to the next level.

Although it sounds like the

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