Trump ‘Probably Will’ Back Effort To End Federal Ban On Marijuana

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"President Trump made a commitment to Senator Gardner that he would support a federalist approach to state marijuana laws", noted Justin Strekal, political director for advocacy group NORML.

Trump was asked by a reporter what he thought of the proposed law as he headed to Quebec for the G7 summit.

"I'd like to see it done sooner rather than later for a simple reason", Gardner, the first-term Colorado senator, told Jake Tapper on CNN. "We're looking at it".

The federal ban that puts marijuana on the same level as LSD and heroin has created a conflict with more than two dozen states that have legalised pot in some form, creating a two-tiered enforcement system where cannabis can be both legal and not.

It started in January when U.S. Attorney General Jeff Sessions rolled back an Obama-era policy that generally left alone states that sanctioned marijuana, which is illegal under federal law.

The measure would amend the controlled substances act so that the act no longer applies to people who follow state laws regarding marijuana. And today on Colorado Public Radio, Sessions said he'll be watching what happens in Congress and noted that while the federal government generally hasn't made marijuana enforcement a big priority compared to more risky drugs, he says it's still illegal.

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The move would protect legally-operating marijuana business from federal interference. Prime Minister Justin Trudeau introduced the legislation previous year. The bill, known as the STATES Act, would not legalize marijuana nationally.

He ultimately relented after he said he received assurances from President Donald Trump that the Justice Department wouldn't interfere with the marijuana industry. His press secretary, Sarah Huckabee Sanders, has said his evolution on the policy is a result of Mr. Trump believing in "enforcing federal law".

The legislation would also clarify that financial transactions with legal marijuana businesses do not constitute drug trafficking. An additional 20 states permit marijuana for medical use. "I am astonished to hear people suggest that we can solve our heroin crisis by legalizing marijuana - so people can trade one life-wrecking dependency for another that's only slightly less terrible". According to The Independent, the upper chamber Senate voted 56 to 30 in favor of the bill on Thursday.

Canadian marijuana companies like Canopy Growth Corp, Aphria Inc, Horizons Marijuana Life Sciences ETF and Aurora Cannabis Inc have been at the center of investor frenzy surrounding attempts to legalize marijuana for recreational use nationwide. Gardner described marijuana legalization as a matter of states' rights.

Trump on the other hand has previously expressed his support of states decided whether or not to legalize marijuana.