A resolution urging U.S. Congress to remove marijuana as a schedule 1 controlled substance has been approved overwhelmingly by California’s Legislature.
Senate Joint Resolution 5, “Relative to federal rescheduling of marijuana from a Schedule I drug”, was introduced by Senator Jeff Stone with cosponsored Senator Scott Wiener and Senator John Moorlach. It was approved in the Senate in April with a 34 to 2 vote, and was approved by the Assembly last week with a vote of 60 to 10. The resolution reads:
“Resolved by the Senate and the Assembly of the State of California, jointly, That the Legislature urges the Congress of the United States to pass a law to reschedule marijuana or cannabis and it’s its derivatives from a Schedule I drug to an alternative schedule, therefore allowing the legal research and development of marijuana or cannabis for medical use and allowing for the legal commerce of marijuana or cannabis so that businesses dealing with marijuana or cannabis can use traditional banks or financial institutions for their banking needs, which would result in providing a legal vehicle for those businesses to pay their taxes, including, but not limited to, payroll taxes, unsecured property taxes, and applicable taxes on the products sold in accordance with state and local laws”.