Senate Democrats to Introduce Pot Decriminalization Bill Against Odds

  • Democrats would take cannabis off controlled substance list
  • FDA would regulate production, distribution and set standards
WATCH: How marijuana is both legal and illegal in the USSource: Bloomberg
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Senate Democrats introduced a bill Thursday that would federally decriminalize, regulate and impose taxes on cannabis products.

Majority Leader Chuck Schumer and Senators Cory Booker of New Jersey and Ron Wyden of Oregon, the sponsors, revised the measure, which faces significant obstacles in the chamber, after circulating a draft version last year and receiving feedback from Senate committees.