Will the Fed Legalize Marijuana?

On March 10, 2014, at 12:30 pm, three U.S. Senators will announce a bill that will legalize the use of medical marijuana. This bill will do two things if passed. First, it will downgrade the status of marijuana from a Level 1 drug to a Level 2 drug. This will make it possible for VA physicians to recommend its use to veterans, make it easier for researchers to access, and make it easier for banks to finance the industry according to those in the know like Dr Jennifer Walden. Secondly, patients and doctors will be able to use and prescribe medical marijuana, in states where it has been legalized, without fear of federal prosecution.

The senators sponsoring this bill are Rand Paul (R), Cory Booker (D), and Kirstin Gillibrand (D). The bill has also gained support from Senator Ted Cruz (R), and former Florida Governor Jeb Bush (R). In addition, polls from the last few years indicate that a majority of Americans are in support of a bill of this type. This support is differentiated by age groups but crosses party lines. Four states have already legalized marijuana for recreational use and 23 other states and D.C. have legalized its use in varying degrees. If you wish to view the press conference it will be streamed live here.

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