Trump on Marijuana: 'I Probably Will' Support End to Federal Ban

Frederick Owens
June 10, 2018

In the US, 46 states and several territories have legalized marijuana in some fashion but the drug remains illegal under federal law.

"The States Act is a great example of bipartisan legislation and how this country is meant to work", said Erik Knutson, chief executive of Keef Brands, which sells cannabis-infused beverages.

"There are federal laws that say if the source of the money is illegal, which would be under federal law, they can't put the money in a bank".

Nine states and the District of Columbia have legalized recreational marijuana.

"No legitimate business should be blocked from basic banking services - but that's exactly what's happening to law-abiding marijuana businesses", Warren tweeted on Thursday. That forces a multibillion dollar industry to operate all in cash. In January he rescinded Obama-era guidelines that deprioritized enforcement of federal marijuana laws in states that had legalized it.

The bill was unveiled Thursday by Colorado Republican Sen.

But the bill would not eliminate the long-standing federal prohibition on marijuana, even though 61 percent of Americans now support legalizing weed - double the support from 2000, according to a Pew Research survey from earlier this year.

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"I really do. I support Senator Gardner", Trump added. During his campaign for office, Trump repeatedly said the legalization question should be left up to the states.

In scrapping what's known as the Cole memo, Sessions unilaterally determined that the federal government should have the authority to crack down on marijuana sales.

The legislation would enable business operating in states that have legalized pot to access the financial system, thereby removing a considerable hurdle for a fast-growing industry. Cory Gardner and Massachusetts Democratic Sen.

Gardner's bill would essentially allow the states to pass their own legislation related to marijuana and forbid the federal government from prosecuting those businesses and individuals that comply with state laws. Trump could easily decide, once he's reviewed the proposed law more closely, that he doesn't want to support it after all, especially if doing so might threaten his standing with the people who helped elect him.

But about a dozen are significant, including one to allow provinces to prohibit home cultivation of cannabis if they choose, rather than accept the four marijuana plants per dwelling allowed under the bill. Last year, Trump's then Press Secretary Sean Spicer announced that the feds might crack down on recreational marijuana use but not on medical use.

Warren expressed support for legalization during her 2016 re-election campaign in MA, whose residents voted to legalize the drug that year.

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