Later today, Sens. Schumer, Booker and Wyden will unveil the Cannabis Administration and Opportunity Act.
https://mobile.twitter.com/therecount/status/1415279164060545024
WASHINGTON — Senator Chuck Schumer of New York plans to propose legislation on Wednesday to decriminalize marijuana at the federal level, putting his weight as majority leader behind a growing movement to unwind the decades-old war on drugs.
The draft bill, called the Cannabis Administration and Opportunity Act, would remove marijuana from the Controlled Substances Act and begin regulating and taxing it, placing federal rules on a burgeoning industry that has faced years of uncertainty. Though states would still be allowed to set their own marijuana laws, businesses and individuals in states that have legalized its use would be free for the first time to sell and consume it without the risk of federal punishment.
https://www.nytimes.com/2021/07/14/us/politics/marijuana-legalization-schumer.html