Going Long on Fig Newton Futures

The House Judiciary Committee has passed a bill removing marijuana from the Controlled Substances Act,

This is the first time that any committee in Congress has ever passed a bill descheduling cannabis out of committee:

For the first time ever, a congressional committee has approved a piece of legislation to end marijuana prohibition in the United States. The Marijuana Opportunity, Reinvestment, and Expungement Act, better known as The MORE Act, would remove marijuana from the Controlled Substances Act and impose a minor excise tax on the legal cannabis industry to pay for the expungement of criminal records, among other changes, passed with a bipartisan vote of 24 to 10.

“This is a truly historic moment in our nation’s political history. For the first time, a Congressional committee has approved far-reaching legislation to not just put an end to federal marijuana prohibition, but to address the countless harms our prohibitionist policies have wrought, notably on communities of color and other already marginalized groups,” stated NORML Executive Director Erik Altieri, “Opposition to our failed war on marijuana has reached a boiling point with over two-thirds of all Americans, including majorities of all political persuasions, now supporting legalization. Congress should respect the will of the people and promptly approve the MORE Act and close this dark chapter of failed public policy.”

“The passage of the MORE Act represents the first time that the Judiciary Committee has ever had a successful vote to end the cruel policy of marijuana criminalization,” said NORML Political Director Justin Strekal. “Not only does the bill reverse the failed prohibition of cannabis, but it provides pathways for opportunity and ownership in the emerging industry for those who have suffered most. In 2018 alone, over 663,000 Americans were arrested for marijuana-related crimes, a three-year high. Now that Chairman Nadler has moved the MORE Act through committee, it is time for the full House to vote and have every member of Congress show their constituents which side of history they stand on.”

I wonder if Joe Biden will be asked about his whole, "Marijuana is a gateway drug," delusion.