GOP Senator Calls for Comprehensive Cannabis Reform, Criticizes Partial Measures

0.7 min readPublished On: November 19th, 2024By

LOS ANGELES- In recent discussions on federal cannabis policy, several Republican senators have expressed diverse viewpoints regarding the regulation and legalization of cannabis. Senator Thom Tillis (R-NC) has advocated for treating cannabis similarly to tobacco, emphasizing the need for federal policies that allow a regulated market to develop. He stated, “I think we need to have a policy that treats marijuana just like tobacco…and allow this market to occur.”

Conversely, Senator John Thune (R-SD), the newly elected Senate Majority Leader, has consistently opposed marijuana legalization. He has criticized efforts to reschedule cannabis and expand the industry’s access to banking services, indicating potential challenges for future cannabis-related legislation.

These differing perspectives within the GOP highlight the ongoing debate over the appropriate federal approach to cannabis regulation, balancing considerations of public health, economic opportunity, and states’ rights.

About the Author: HCN News Team

The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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