Schumer Unveils Marijuana Decriminalization Bill That Would Establish Funding Stream for Women and Minority-Led Pot Businesses

Senate Minority Leader Chuck Schumer (D-NY) on Wednesday unveiled a federal marijuana decriminalization bill that would respect states’ rights to regulate and sell cannabis and establish a dedicated funding stream for businesses run by women and minorities.


According to an outline of Schumer’s proposal, his bill “would maintain federal law enforcement’s authority to prevent marijuana trafficking” between states while also “[respecting] states’ rights” to legalize pot. 

The bill would also “establish dedicated funding streams to be administered by the Small Business Administration” for enterprising women and people of color, authorize $250 million to highway safety research and invest $500 million for the Secretary of Heath and Human Services to assess legalized marijuana’s impact on public health. 

In addition, Schumer’s bill would regulate marijuana advertising in a manner similar to tobacco and “grant programs to encourage state and local governments to administer, adopt, or enhance engagement of scaling programs for marijuana possession convictions.”

Read the full outline below:

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal

Don't Sit on the Sidelines of History. Join Alternet All Access and Go Ad-Free. Support Honest Journalism.