Reprinted From: The Cannabis Investors Report
Legalization news ruled the week as a number of states advanced new legislation.
In Nebraska, the state legislature’s judiciary committee approved a bill that, if passed, would legalize medical marijuana. It is currently being debated on the state’s senate floor. It’s unclear if the bill has the necessary backing but, if it fails to pass, medical marijuana will be on the state’s 2020 ballot.
Similarly, Alabama is pushing a medical marijuana legalization bill through its state legislature. This bill has passed through the senate and is now being voted on in the state’s house of representatives. The bill even includes stipulations that would allow research into the benefits of CBD.
In Texas and New York, state governments are working on bills that would expand their existing medical marijuana programs. The bill in Texas will add more qualifying conditions and will relax a number of strict regulations, such as needing a recommendation from a neurological specialist. This bill has been approved in the state’s house and is moving on to the senate soon.
The bill in New York is in earlier stages, it was just introduced to lawmakers. In its current form, the bill would eliminate restricted conditions, making doctors the sole decision-makers. It would also allow for the dried flowers to be an option to patients.
Finally, North Dakota actually enacted its marijuana bill. The new law will decriminalize low-level marijuana possession. This means possessing less than half an ounce is not punishable by jail time. It’s not much, but it’s a huge step in the right direction for a state that has been historically stringent on marijuana legalization.