Bill would block DOJ from rescheduling marijuana, Marijuana Moment reports
A congressional committee has approved a spending bill that contains provisions to block the Justice Department from using its funds to reschedule or deschedule marijuana and would also maintain a separate longstanding rider protecting state medical cannabis programs from federal interference containing new language authorizing enhanced penalties for sales near schools and parks, Marijuana Moment's Kyle Jaeger reports. The measure will now head to the full committee and then, potentially, to the floor, the report says. AdvisorShares Pure US Cannabis ETF is down 5.6% to $2.68 in afternoon trading.
