A quick note about a story posted in Marijuana Moment on Friday about presidential candidate Joe Biden’s views on non-hemp cannabis legalization. (link) In an interview with The New York Times editorial board, the former Vice President makes it clear that he is not quite ready to legalize (deschedule) non-hemp cannabis without further study of potential health risk (although the articles notes that he has “previously said that states should be able to implement their own legalization laws without federal interference,” a reference to the STATES Act).
I am not trying to wade into politics in this particular Cannabis Musings; however, this statement from Biden highlights the political challenge the industry faces in getting to federal legalization. We have all seen how even the SAFE Act, which is limited in scope and has broad, bipartisan support, has been sitting there on Capitol Hill. Regardless of how the 2020 presidential election pans out, the industry may have to wait longer than expected for federal relief. Until that time, efforts like the Marijuana Opportunity Reinvestment and Expungement Act of 2019 and the Ending Federal Marijuana Prohibition Act will still be, well, just a bill.