Marijuana industry needs protection from federal enforcement policies

Marijuana Business needs protection from federal enforcement policies

Last week, Denver Mayor Michael Hancock – a former opponent of legalizing marijuana in Colorado – rallied colleagues from other cities to form a coalition supporting a bill introduced by Republican U.S. Sen. Cory Gardner, who also opposed marijuana legalization. The bill would guarantee states like Colorado have the right to set their own marijuana laws and policies without federal interference.

On their face, both the legislation and Hancock’s coalition building may seem like incremental steps in the long-festering and growing national debate over the legalization of marijuana. But the show of public leadership on behalf of the sector by two major Colorado elected officials underscores not only the already well-known strong public sentiment for legal cannabis, but also – and perhaps most significantly – how successful this social experiment can be when done right.

It also underscores the need for Congress to pass the legislation introduced by Gardner, R-Colorado, and Sen. Elizabeth Warren, D-Massachusetts, that would shield the now-burgeoning marijuana industry from federal enforcement policies and ensure companies have the proper legal and financial networks to protect both their assets and physical security.

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Published at Mon, 02 Jul 2018 17:24:54 +0000

Posted in: News

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