- 11 Jun 18
THE US President has said that he will "probably" support a Marijuana Bill that would protect state marijuana laws from federal interference.
Though over half of all US states have passed some form of legislation to make marijuana legally available, the drug is still technically illegal under federal law. With the US government stating that marijuana has "no currently accepted medical use".
The federal restrictions in operation at the moment are making it difficult for thriving marijuana businesses to function under current laws. For example, the huge majority of banks are still refusing to have any business dealings with these marijuana-related companies for fear prosecution from federal law enforcement.
The new Bill known as STATES – or Strengthening the Tenth Amendment Through Entrusting States – Act would remove marijuana from the federal schedule of controlled substances in states where it is legal. This, in turn, would then allow financial institutions to deal with marijuana businesses that are operating legally under state law.
And now President Trump has hinted that he is likely to support the upcoming bill to make it easier for marijuana businesses to operate.
"I support Senator Gardner. I know exactly what he's doing. We're looking at it. But I probably will end up supporting it, yes," he said before flying out to Asia fir his summit with the North Korean dictator.