Representative Nancy Mace Introduces Bill To End Federal Cannabis Prohibition

—its currently designated a Schedule I substance along with LSD and heroin— and regulate it like alcohol. The federal government would impose a nationwide 21-year age limit for cannabis consumption, with an exception for medical use. The bill would also allow for states to make their own rules and laws around cannabis, including banning sales and use within state borders.

Mace said she picked a 3% tax rate to help legal cannabis companies stay competitive and “to reduce the opportunity for the black market.” Eric Sterling, who was the anti-drug council for the U.S. House of Representatives judicial committee under President Ronald Regan, said that Democrats and Republicans used to compete for the “title of toughest on drugs” in the 1980s.

Under Mace’s vision, cannabis would be primarily regulated by the Treasury Department’s Tax and Trade Bureau , the same as alcohol, and the Alcohol, Tobacco, Firearms, and Explosives Bureau would serve as the primary law enforcement agency over the industry. The U.S. Food and Drug Administration would regulate medical marijuana products. Raw cannabis would be considered an agricultural crop and be subjected to regulation by the U.S.

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