On Thursday, March 24, 2022, the Senate unanimously passed the CMRE Act (Cannabidiol and Marihuana Research Expansion Act) and House leadership scheduled the MORE Act (Marijuana Opportunity and Expungement Act) for a floor vote this week. The tentative schedule for 2022 has been announced. It was the second time in U.S. history when the House voted on. Cowen analyst Jaret Seiberg calls Wednesday's House vote "symbolic" and estimates Democrats would need at least 10 Republican votes in the Senate to overcome a filibuster and pass a cannabis bill. Recent FTC Enforcement Action Merits Cyber Insurance Coverage Review, Two Ways to Redefine & Achieve CRM Success. This legislation was previously approved in the House in December of 2020, but it did not receive a hearing in the Senate. Passing with a vote of 220-204, the MORE Act does not have overwhelming bipartisan support, with only 3 Republican representatives backing the bill. Published April 28th, 2022 at 3:06 pm, . Another marijuana-related law, the SAFE Banking Act, would allow cannabis-related businesses to obtain bank accounts, something theyre currently barred from doing under federal law. We think that as more people come into the category, the new comers to the category, will over index in edibles and drinks.". Join 10 million other Americans using GovTrack to learn about and contact your representative and senators and track what Congress is doing each day. Privacy Policy | The MORE Act would remove cannabis from the Controlled Substances Act, striking at the core of its harmful status in federal law, and it would provide essential restorative justice provisions to begin to undo decades of harm caused by prohibition. 4 with an Amendment No. 3617 (117th) in the House. The Senate convened at 10:00 a.m. and adjourned at 4:28 p.m. 2 record votes were taken. Its an easy but powerful way to make your opinion known at a key moment. It was banned on a federal level in 1937. You can access legislative information, by bill number or key words, from the Congress.gov website. The content and links on www.NatLawReview.comare intended for general information purposes only. This view allows you to see the how the representatives from each district voted arranged by their geography and colored by their political party. Even if all Senate Democrats voted in favor of the bill, it would still need 10 GOP votes for it to pass and be signed into law. Leadership in the Senate is preparing to introduce a separate bill with similar aims. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. It would also. This vote is related to a bill. If you arent sure what the House was voting on, try seeing if its on this list. Were looking for feedback from educators about how GovTrack can be used and improved for your classroom. . Authored by Manny Muriel Recently, the House once again moved forward with proposed cannabis legislation. The National Law Review is a free to use, no-log in database of legal and business articles. Cannabis company Trulieve reports record revenue, but posts a profit loss. ET "We are seeing that new consumers coming into the category like to enter the category through edibles and drinks. Copyright 2023, Sheppard Mullin Richter & Hampton LLP. The MORE Act would remove cannabis from the Controlled Substances Act, striking at the core of its harmful status in federal law, and it would provide essential restorative justice provisions to begin to undo decades of harm caused by prohibition. The measure would open the door to research, better banking and tax laws, and help fuel economic growth as states are looking for financial resources. *Information compiled through Senate LIS by the Senate bill clerk under the direction of the secretary of the Senate. Colorado and Washington became the first states to legalize the recreational use of marijuana in 2012. The MORE Act would require courts to clear prior marijuana-related convictions from criminal records and resentence those currently completing sentencing for such convictions. This bill was introduced in a previous session of Congress and was passed by the House on April 1, 2022 but was never passed by the Senate. Simple Majority Required. usos Please ask your representative for a yes vote on MORE if it is called for a vote. EC Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February 28, 2023. The bill better known as the MORE Act would also create provisions for banking and consumer packaged goods sales. "Once it has become clear that it doesn't have enough support to move forward.at that point, [Senate Majority Leader] Schumer could allow SAFE Banking to be attached as an amendment to must-pass legislation," Lokay said. You can help us improve them by filling out this survey or by sending your feedback to hello@govtrack.us. How to Make the Best Out of Your Employees Inventions Applicable Rules and Best Practices for Global Companies, Key Changes Are on the Horizon for Retirement Plans, McDermott IP Focus (Japan) 2023 - Life Sciences Session: Pharma Brands v. Generics: Developments Affecting the Balance Between Exclusivity and Market Entry, The Final CCPA Regulations: What You Need To Know. We'd love to hear from you, please enter your comments. PDF Help | The measure would impose a 5% tax on the retail sales of cannabis to go to the Opportunity Trust Fund. The legislation also clarifies that physicians may discuss the risks and benefits of cannabis use with patients without violating the Controlled Substances Act (CSA). PDF Help | It faced partisan opposition, receiving only three Republican votes. All Senate votes use these words. Visit a quote page and your recently viewed tickers will be displayed here. *Information compiled through Senate LIS by the Senate bill clerk under the direction of the secretary of the Senate. 2023 CNBC LLC. Find out about congressional voting with this How to guide. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act passed the U.S. House of Representatives on April 1, 2022. The Alternative Harvest ETF has gained more than 10% in March, and its on pace for its best month since February 2021. Findings. Information from the present back to the 93rd Congress (1973) is available on Congress.gov. 421 (68-29) Agreed to. California, one of the first states to legalize marijuana use recreationally, generated more than $1 billion in marijuana tax revenue just two years after statewide legalization. This was a vote to pass H.R. If passed, the legislation would end cannabis prohibition by the federal government. Sign up for free newsletters and get more CNBC delivered to your inbox. The measure is expected to head to the full House for a vote Friday. You are responsible for reading, understanding and agreeing to the National Law Review's (NLRs) and the National Law Forum LLC's Terms of Use and Privacy Policy before using the National Law Review website. This would be especially relevant if the House goes Republican but Democrats manage to keep control of the Senate. PDF Help | Federally Recognized Holidays, Employer Considerations for DOLs New AEWR Rule. The Drug Enforcement Administration would have approval rights over applications for manufacturers of cannabis-derived, FDA-approved drugs under the bill. The MORE Act would create the Office of Cannabis Justice to oversee the social equity provisions in the law. Chris Roussakis | Bloomberg | Getty Images. ET. The exchange-traded fund was just about flat year to date but down 50% over the past 12-months. The bill would remove marijuana from the list of scheduled substances and remove any criminal penalties for those who make, distribute or possess marijuana. First Offshore Wind Energy Lease Sales in the Gulf of Mexico, Telephone and Texting Compliance News: Litigation Update February 2023. SEC. Are you sure you want to rest your choices? Labor Board Flip-Flops Again on Severance FRB Governor Bowman Speaks on Bank Regulation and Supervision. 7905 (117th) was a bill in the United States Congress. Content Responsibility | How well do you understand this vote? The MORE Act would impose a federal tax on marijuana sales, with proceeds funding programs for substance misuse treatment and legal counseling to help communities negatively impacted by the war on drugs, which are overwhelmingly communities of color. Senate Floor Proceedings, 2014 to Present. The Votes category on the Statistics page features facts and figures about votes made by Senators. Arizona Gets to Keep Its State-Operated Workplace Safety and Health Manufacturers Legal Considerations for Staffing Reductions, PCAOB Enforcement Activity Up Sharply in 2022. If passed, the legislation would end cannabis prohibition by the federal government. PDF Help | Will Changes to the Option To Tax Regime Impact UK Insolvency Sales? If you teach United States government and would like to speak with us about bringing legislative data into your classroom, please reach out! During a press briefing, White House Press Secretary Jen . Urge your state legislators to support a compassionate medical cannabis program! The Congress finds as follows: On Passage of the Bill in the House. The current version of theCMRE Actwould streamline the application process for researchers who want to study the plant and push the Food and Drug Administration (FDA) to encourage and promote the development of cannabis-derived pharmaceuticals. Content Responsibility | The Votes page of the Virtual Reference Desk provides voting procedure information, research guides, and essays about historic votes. More than two-thirds of House and Senate conferees on the America COMPETES Act have already voted for or cosponsored cannabis banking legislationand House Financial Services Committee Chairwoman Maxine Waters (D-CA) listed the reform as among the "priorities" as she heads into negotiations with the Senate. Members of the US House of Representatives have announced that they will hold a floor vote next week on the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act. We rely on contributions from our supporters to sustain our mission. If you log into GovTrack using Twitter, make sure you dont lose access to your GovTrack account. The New York City Council Sets its Sights on Non-Profit Housing DOJ Announces New Voluntary Self-Disclosure Policy for U.S. Attorney Supreme Court: Salary, Not Daily Pay, Required for FLSA Overtime Time Is Money: A Quick Wage-Hour Tip on the Tip Credit, EDPB issues its Opinion on the EU-U.S. Data Privacy Framework, Hunton Andrews Kurths Privacy and Cybersecurity. Source: house.gov. I cover what's going on in the news and how it affects your bottom line. Hackers/journalists/researchers: See these open data sources. April 18, 2022 Modern Canna Cannabis, Cannabis Legalization, Laws & Regulations For the second time in American history, the U.S. House of Representatives voted on whether or not to end the federal ban on cannabis - and it passed. H.R. MPP is fighting to end cannabis prohibition and the suffering caused by the war on cannabis. CLICK HERE TO CONTACT YOUR LAWMAKER TO URGE THEM TO VOTE YES ON THE MORE ACT. What trends can you see in the cartogram for this vote? We love educating Americans about how their government works too! A cartogram is a stylized map of the United States that shows each district as an identical hexagon. If passed, the legislation would end cannabis prohibition by the federal government. Desperate Times, Desperate Measuring Cups FTC Brings Enforcement Trending in Telehealth: February 20 26, 2023, IRS Sets Deadline For Using 401(K) Plan Forfeitures, How Generative AI Generates Legal Issues in the Games Industry, DOJ Announces New Nationwide Voluntary Self-Disclosure Policy. Usage Policy | Passed House (04/01/2022) Marijuana Opportunity Reinvestment and Expungement Act or the MORE Act This bill decriminalizes marijuana. We hope that with your input we can make GovTrack more accessible to minority and disadvantaged communities who we may currently struggle to reach. The MORE Act is expected to face challenges in the Senate. 04/01/2022 On motion to recommit Failed by the Yeas and Nays: 202 - 220 (Roll no. THIS IS IT! 7905. It really would allow the industry to start moving forward.". However, he said the House debate could prove insightful with midterm elections looming this November. Finance and CBS News Radio. Licenses for Exports to Are You Ready for the UPC? My sister is always struggling with money and drugs: I own a house with my husband and mother. The MORE Act passed the House last Congress. In a note last week, Seiberg said, "There is a high probability that Republicans will control the House next year. Canopy bought MSO Acreage for $3.4 billion in 2019, it sells the Martha Stewart's CBD line in the U.S.. and it acquired U.S. cannabis edible brand Wana in a $298 million deal in October 2021. Weve made it simple: you can get an email message to your lawmaker in less than two minutes with this link. Our mission is to empower every American with the tools to understand and impact Congress. MPP is fighting to end cannabis prohibition and the suffering caused by the war on cannabis. The measure was amended to start at 5% and increase the tax to 8% over three years. Congress makes many decisions in the process of passing legislation, such as on the procedures for debating the bill, whether to change the bill before voting on passage, and even whether to vote on passage at all. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. The visitor's center is located below the East Plaza of the Capitol between Constitution and Independence Avenues. By joining our advisory group, you can help us make GovTrack more useful and engaging to young voters like you. We rely on contributions from our supporters to sustain our mission. Simple Majority "I've been very optimistic about the MORE Act passing the House." 3617 (117th) in the House. And starting in 2019 well be tracking Congresss oversight investigations of the executive branch. I have a master's degree in international communication studies and I'm currently based in Paris, France. Two amendments passed while a third was rejected. Editorial Note: We earn a commission from partner links on Forbes Advisor. ET. Date Chamber All Actions; 04/04/2022: Senate: Received in the Senate and Read twice and referred to the Committee on Finance. It would end the criminalization of cannabis for adults by removing it from the list of controlled substances, eliminate related criminal penalties, and take several other major steps toward criminal justice reform, social justice, and economic development. This was a vote to pass H.R. You can find answers to most of the questions below here on the vote page. Please ask your representative for a yes vote on MORE if it is called for a vote. Cannabis has been a scapegoat of racism since the 20th century when Mexican immigrants brought the tradition of smoking marijuana to the States. Keep in mind what this specific vote was on, and the context of the bill. Aye and Yea mean the same thing, and so do No and Nay. Text for H.R.5746 - 117th Congress (2021-2022): Freedom to Vote: John R. Lewis Act The House has voted yes on the MORE Act. Get this delivered to your inbox, and more info about our products and services. Its an open protocol, which means it does not have an owner using the platform Youre more than a vote, so support GovTrack today with a tip of any amount: Or keep using GovTrack for free! Customer Reviews: Five-Star Enforcement and the Expanding Regulations. Privacy Policy | The Votes page of the Virtual Reference Desk provides voting procedure information, research guides, and essays about historic votes. The MORE Act, which weve previouslywrittenabouton the Blog is scheduled to be taken up by the House Rules Committee on Wednesday, March 30, 2022, with a possible floor vote by the end of the week. Shares of cannabis companies mostly moved lower on Monday. Published April 12th, 2022 at 3:26 pm. Use this study guide to find out. Performance information may have changed since the time of publication. . Required. This is the one from the 117 th Congress. Confidentiality and Non-Disparagement Agreements with Non-Supervisory USCIS Confirms It Will Accept Employment-Based I-485 Applications New Jersey Enacts Bill of Rights for Temporary Workers, DOJ Implements Nationwide Voluntary Self-Disclosure Program. Contact | Mother Jones describes the political battlelines : Sure, there were a few defectors on either side. On the Motion: Motion to Concur in the House Amendment to Senate Amendment No. IT'S HAPPENING! When the Speaker declines to vote, he or she is simply omitted from the roll call by the House Clerk. What might come next? Analysts have already predicted it wont pass into law, , partly due to Senate Majority Leader Chuck Schumer (D-NY) wanting to. The Alternative Harvest ETF has gained more than 10% in March, and its on pace for its best month since February 2021. Totals Passed. Got a confidential news tip? Strictly Confidential? Bills numbers restart every two years. Stifel analyst Andrew Carter has forecasted that higher margin drinkable cannabis would see accelerated growth in 2022. !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r Xponential Fitness Owner, Articles M