In June, corporate giant Amazon (NASDAQ: AMZN) announced it was time to adjust its outdated cannabis policy and told the world it will no longer test for marijuana for most of its job positions. The online retailer also declared its support for the Marijuana Opportunity Reinvestment and Expungement Act of 2021 (MORE Act).
Having one of the largest companies in the U.S. openly supporting cannabis-related initiatives is an important milestone in and of itself. Now it turns out, there's more.
Amazon Discussed Federal Cannabis Policy
Based on Politico's report, several advocacy and industry groups such as the National Organization for the Reform of Marijuana Laws (NORML), the Drug Policy Alliance (DPA), and Canopy Growth (NYSE: CGC) reported having met with Amazon executives in June to talk about federal marijuana policy.
Senate Majority Leader Chuck Schumer (D-N.Y.) and fellow Sens. Cory Booker (D-N.J.) and Ron Wyden (D-Ore.) introduced a draft proposal, the so-called Cannabis Administration & Opportunity Act, on July 14. The proposal contains a plan to remove marijuana from the Controlled Substances Act
Expectations on …