U.S. Rep. Nancy Mace, a Republican from South Carolina, on Monday plans to unveil a new bill, the States Reform Act, intended to legalize marijuana at the federal level.
Mace wrote on Twitter this week that she will share a draft of the bill during a media gathering in Washington DC.
“My States Reform Act will put states in the driver’s seat and codify cannabis reforms throughout the United States. Press conference Monday,” Mace wrote.
The announcement comes after Marijuana Moment reported last week that Mace was working on such a bill. The news led to a surge in stock prices for many publicly traded cannabis companies.
Grow better: MJBizDaily Greenhouse Components Buyers Guide
Maximize your output and quality with the right equipment. Curated by the editors of MJBizDaily, our new, free Greenhouse Components Buyers Guide helps you choose wisely and covers irrigation, automation and ROI.
Inside:
- Cannabis greenhouse buyers checklist
Keep track of everything you need. - Pros and cons of common benching systems
Help weigh out the best choice for your greenhouse benching system with this overview. - Cannabis greenhouse Glossary of Terms
What is evaportranspiration? Download the guide to find out and learn more technical jargon unique to greenhouse and the cannabis industry.
Mace’s measure would reportedly remove marijuana from the list of federally controlled substances and create a new regulatory system, which would include a 3.75% excise tax.
Mace’s marijuana legalization bill will join several others that have already been introduced in Congress, including the MORE Act and the Cannabis Administration and Opportunity Act.