Trump Sighs Bill that Ends Federal Ban on Marijuana.( Cannabis, Pot, Weed, THC )

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President Donald Trump just signed a Bill to end the federal ban against cannabis. I think we can all agree that this is a major step that will reshape the pot industry and ended the threat of a Justice Department crackdown.

One of the lead sponsors in the bill was Senator Cory Gardner. “I supported Sen. Gardner,” Trump said when asked about the bill. “I knew exactly what he’s doing. That’s why I end up supporting that, yes.”

The legislative bill, which is also supported by Senator Elizabeth Warren will reshape the legal cannabis landscape.
California and nine other states, as well as Washington, D.C., have legalized recreational use of cannabis. An additional 21 states permit marijuana for medical use. But even as states legalize, cannabis has remained a risky and unstable business because cannabis was still illegal on a federal level. Concerns about federal law enforcement seizures have inhibited most lenders from working with weed businesses making their life a lot harder.
Also, a lot of investors was very cautious to work and buy stock with cannabis firms. Further, you can’t imagine how hard it is to find a credit card processor when you want to sell CBD products in your online shop.

The lifting of the federal prohibition will be a great step to create uniform testing and regulatory standards for cannabis, and free scientists to pursue research into the many medical uses of the plant.
Trump said he isupport the federal legalization effort despite a warning against it from the coalition of narcotics officer groups.
“We urge you to see through the smoke screen and reject attempts to encourage more drug use in America,” they wrote in a letter to Trump on Thursday.

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