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The Cannabis Chance Reinvestment as well as Expungement Act of 2021, or EVEN MORE Act, was recently reestablished by House Judiciary Committee Chairman Jerry Nadler, D-N.Y.
The Act aims to decriminalize cannabis usage, along with remove marijuana from the listing of illegal drugs.
Luis Merchan, Chief Executive Officer of Plants Development, talks about with David Lin, anchor for Kitco Information, the effect to the marijuana industry should this expense pass.
0:00 – EVEN MORE Act
4:11 – Cannabis company versions
8:40 – Legislating marijuana and influence on sector
10:06 – Vegetation Growth
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Marijuana to be decriminalized? House reintroduces bill; what investors need to know – Luis Merchan
The Marijuana Opportunity Reinvestment and Expungement Act of 2021, or MORE Act, was recently reintroduced by House Judiciary Committee Chairman Jerry Nadler, D-N.Y.
The Act aims to decriminalize marijuana usage, as well as remove cannabis from the list of controlled substances.
Luis Merchan, CEO of Flora Growth, discusses with David Lin, anchor for Kitco News, the impact to the cannabis industry should this bill pass.
0:00 - MORE Act
4:11 - Cannabis business models
8:40 - Legalizing cannabis and impact on industry
10:06 - Flora Growth
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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