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420 with CNW – Marijuana Legalization Bill Introduced in Pennsylvania Senate

Lawmakers in Pennsylvania have renewed their efforts for recreational cannabis legalization. The Senate Bill 350 was introduced on October 15 by Senator Daylin Leach and Senator Sharif Street. The purpose of the bill is to allow marijuana home delivery and the expungement of past marijuana criminal charges. Within the next 12 months, the supporters forecast that the bill will generate 500 million dollars in tax revenue.

The legislation also has a policy that allows permits for growing marijuana for personal use as well as the establishment of lounges where people can consume cannabis legally.

Senator Street said that legalizing weed will be the end of the prohibition era. He further said that it is high time Keystone State joined the emerging marijuana economy by legalizing recreational marijuana. Consumption of pot is not a crime when adults use it responsibly, he asserted.

Senator Leach said that the marijuana policy in Pennsylvania is cruel, irrational, and expensive. He also noted that the war on marijuana destroyed the lives of many youths while at the same time wasting millions of taxpayer money.

Senator Leach feels that it is high time the state government stopped arresting young kids and bankrolling violent drug cartels. He also noted that the process of legalizing adult-use marijuana would be challenging, but he is optimistic since the state previously approved medical marijuana.

Senator Leach’s press release outlined several points in his proposal. It stated that people with limited resources in the state would be issued permits that give them little or no barrier to entering the marijuana industry. People with past marijuana convictions would be cleared, those whose charges are pending would be dismissed, and custodial sentences would be reduced to a fine.

In the first fiscal year of marijuana sales, the tax revenue generated, which is estimated to be $500 million, would be allocated to school districts. The spending of the appropriated money would be at the discretion of each school district where they may build more schools, employ more teachers, or provide local tax relief to the locals in the region.

Only people who are 21 years and above are allowed to use marijuana, according to the bill. The proposed law also has provisions regarding the issuance of home delivery permits, companies conducting deliveries on behalf of other companies and dispensaries are permitted to deliver their products using any form of transportation such as cars, bicycles or public transit. And it also allows people to cultivate up to 10 plants for personal use in their homes.

Despite the public support for marijuana legalization, an uphill battle awaits Senate Bill 350 because, in Pennsylvania, the political leadership does not favor marijuana reforms. Past efforts to legalize adult-use marijuana failed due to a lack of bipartisan support.

Industry watchers are convinced that cannabis companies like Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Earth Science Tech Inc. (OTCQB: ETST) are hoping that the people of Pennsylvania can finally be allowed to access legal pot.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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