Decriminalizes cannabis, establishes a trust fund, and provides grants for research and community programs.
The bill decriminalizes cannabis by removing it from the Controlled Substances Act's schedule. It establishes the Opportunity Trust Fund to receive tax revenues from cannabis sales and imposes taxes on cannabis products. The bill also creates a Cannabis Products Advisory Committee to advise on cannabis regulation. It mandates research on cannabis's health effects and establishes a national media campaign to prevent underage use.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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