The “Cannabis Administration and Opportunity Act,” was published today. The proposed legislation, sponsored by Majority Leader Chuck Schumer and Senators Cory Booker and Ron Wyden, delivers a plan for the comprehensive rescheduling and federal regulation of marijuana.  We have highlighted a few key aspects of the proposed legislation and our thoughts on the overall landscape below.

, President Obama cited areas where Democrats and Republicans may be able to work together, including criminal justice reform and prescription drug abuse.  Prescription drug overdoses, which now kill 44 people each day, have turned into an epidemic on a national scale.

Obama’s speech to a Republican-controlled Congress to work out a bi-partisan approach