MORE act

The Biden administration was never expected to be an eager leader in the cannabis reform movement. However, with over 90% of Americans believing that pot should be legal for medical use and 60% supporting recreational use, it is fair to ask when or if the Biden administration will take action on...

It seems the growing popularity of cannabis in the U.S. represents a complex issue for the trucking industry. With trucking being federally regulated, cannabis remains prohibited under federal workplace drug testing programs for the over 3.5 million drivers who haul our shipments back and forth...

Slowly but steadily, the federal legalization of cannabis seems to be taking shape, especially as institutional voices are increasingly speaking up. This week, Amazon (NASDAQ: AMZN) came out in support of the Marijuana Opportunity Reinvestment and Expungement Act of 2021 (MORE Act). Dave Clark...

The Marijuana Opportunity Reinvestment and Expungement Act (MORE) was reintroduced in Congress on Friday after the previous year's version failed to pass the Senate. Overall, the bill would remove marijuana from the federal Controlled Substances Act (CSA). The bill also addresses resentencing...

The cannabis industry has grown exponentially over the last year. Moreover, the shift in political preferences toward cannabis legalization is evident more than ever, now that Democrats are holding the gavels. Still, there's anxiety among investors, says ETF manager Tim Seymour (see video...

Cannabis reform is now a Senate priority. That's according to a statement from a coalition of Democratic Senators who announced imminent plans to advance legislation aimed at descheduling marijuana on a federal level. Senate Majority Leader Chuck Schumer, along with Sens. Ron Wyden and...

It seems that cannabis is one of a few bright spots in the tumultuous year we are leaving behind. From being deemed “essential” during Covid-19 shutdowns to its big win on Election Day, cannabis is getting widely accepted. And while retailers are trying to keep up with the ever-...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. In a vote that is largely seen as symbolic, the U.S. House of Representatives in December approved legislation that decriminalizes...

This year will be remembered for several battles cannabis had won. In November, four more states said yes to cannabis reform. In December, a historic vote was made in the U.S. House of Representatives in favor of the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, a bill constructed...

On Friday, the House of Representatives voted 228 to 164 in favor of the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. The legislation — first introduced by Rep Jerrold Nadler and sponsored by Vice President-elect Kamala Harris — is poised to...

Analysts are hyping up marijuana stocks ahead of this week's Congressional vote on The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019. Set for a vote by Congress between December 2-4, 2020, the MORE Act — sponsored by Vice President-elect Kamala Harris —...

Cannabis investors have endured a brutal 2020, and hopes that the November election will serve as a catalyst for federal US legalization are fading fast. However, according to Cantor Fitzgerald analyst Pablo Zuanic, a potential election “blue wave” victory for...

On Wednesday, members of the House Energy and Commerce Subcommittee on Health held a hearing titled “Cannabis Policies for the New Decade." In the committee’s first ever hearing on marijuana reform, members of the House listened to the testimony of three witnesses: Matthew J....