The world of cannabis has been extremely lucrative over the past several years, but the issue of legislation in favor of the substance continues to be a widely argued over matter. A new bill being crafted by the Colorado Senator, Cory Gardner, could potentially change the way that the federal government interacts with states who have legalized cannabis. With reassurances from the President and several sponsors on the bill, it seems as though cannabis prohibition could potentially be on its way out.
One of the largest issues in the U.S. market on cannabis is from the Attorney General Jeff Sessions. Sessions has made it very clear that he is a proponent of continuing the failed war on drugs. The government in the U.S. has continued to list the substance as a schedule I narcotic, meaning that from their standpoint, it has no use in the medical industry as well as a high potential for addiction. Both of these points have been heavily refuted in the past, but the government still stands by their opinion. Many studies have shown that cannabis is a viable treatment for a broad range of diseases, notably cancer, pain management, seizures and more.
Interestingly, a large amount of research has been done into seeing how cannabis could potentially treat opioid addiction and even bring the current crisis we are in with opioid use to an end. Researchers reported recently that cannabidiol in cannabis “interferes with brain reward mechanisms responsible for the expression of the acute reinforcing properties of opioids.” This means that cannabis could potentially block the effects of opioid use that makes it addicting in the first place.
All of these pieces of news are coming together to help paint a solid narrative as to why cannabis should be legalized. This is the point that Senator Gardner is attempting to make, which has been met quite positively in recent news.
The current state of cannabis in the U.S. has been extremely confusing to those involved. With the federal government working to fight against states efforts to individually legalize the substance, the battle has continued to be ongoing. Many states who have chosen to legalize cannabis have seen their tax revenues skyrocket, as well as a large amount of positivity coming from their constituents. All of these together should be a clear enough picture for the government to recognize, but nothing has officially happened at this point in time.
The state of California has been one of the largest breakthroughs in the cannabis industry. California has long been considered the home of many various political movements. Because of this, choosing to legalize the substance for recreational use has been extremely positive for the state. Not only has California reaped a large number of tax benefits from the new program, but many companies have in turn moved their operations to the Golden State to try and build larger businesses.
There are currently 29 states and the District of Columbia that have legalized the use of cannabis to some extent. Out of these states, nine including D.C. have legalized the use of cannabis for recreational purposes which is quite a large step in the right direction. Given that most of these states have seen a massive amount of success with the new industry, one would think that the federal government would take notice, but only time will tell. The hopes are high that as these industries are able to mature throughout the coming years, the population of the U.S. can continue to become more comfortable with the idea of legal cannabis, leading to some sort of nationwide legalization.