NetworkNewsWire Editorial Coverage: Proponents of legal cannabis celebrated a victory on July 27. By voice vote, the Senate Appropriations Committee approved a budget bill amendment that prevents the federal government from interfering in medical marijuana programs in states where cannabis has been legalized for medical use1. This event represents one more step forward as legal cannabis companies like ChineseInvestors.com, Inc. (CIIX) (CIIX Profile), Terra Tech Corp. (TRTC), Medical Marijuana, Inc. (MJNA), Marijuana Company of America Inc. (MCOA) and SinglePoint, Inc. (SING) solidify their footholds in the marketplace.
The amendment to the “2018 Commerce, Justice and Science Appropriations Bill” bars the Department of Justice from using federal funds to keep states from implementing their own laws that allow the use, distribution, possession or cultivation of medical marijuana. In other words, the DOJ is prohibited from investigating medical marijuana cases or enforcing federal marijuana laws in states where cannabis has been legalized for medical use.
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Senate Appropriations Committee Action Adds Fuel to the Fire for Businesses in the Legal Cannabis Space
