Bill > HR2935

This bill establishes the "Commission on the Federal Regulation of Cannabis" to study and develop a comprehensive pathway for federal cannabis regulation, modeled after alcohol regulation. The commission will be composed of 29 members from various government agencies and sectors, including representatives from the Department of Justice, Health and Human Services, Agriculture, and others, as well as experts in cannabis criminalization, medical research, and industry stakeholders. The commission's primary duties include proposing measures to address the impacts of cannabis criminalization, particularly on minority and low-income communities, and exploring solutions to current challenges such as limited financial services for cannabis entrepreneurs, restricted medical research, inconsistent product safety regulations, and inefficient revenue frameworks. The commission will conduct public hearings, solicit comments from industry stakeholders and advocates, and publish initial findings within 120 days and final recommendations within one year of the act's enactment. Importantly, the commission will not have rulemaking authority but is tasked with providing comprehensive guidance to help the federal government transition from cannabis prohibition to a regulated environment. The bill acknowledges the historical context of cannabis prohibition, including its roots in discriminatory practices, and recognizes the growing state-level legalization of medical and adult-use cannabis.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/2935/all-info