Despite good intentions, legislation to make marijuana legal on the federal level would impose strict tax rules and increase retail costs, according to a report released Wednesday.
U.S. Senators Charles Schumer (D-NY), Cory Booker (D-NJ), and Ron Wyden (D-OR) introduced the measure dubbed The Cannabis Administration and Opportunity Act (CAOA) on July 14. Their intent was to reverse decades of harm inflicted on communities of color being impacted the most through laws that had marijuana being illegal.
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