Cannabis Administration Opportunity Act

The Cannabis Administration Opportunity Act is proposed legislation aimed at legalizing and regulating cannabis at the federal level in the United States. It seeks to establish a framework for legal cannabis businesses, promote equitable opportunities in the industry, and address issues like criminal justice reform related to past cannabis convictions. The law would also create guidelines for taxation, safety standards, and licensing, making it easier for states to implement their own policies while ensuring consistent regulations across the country. Overall, it aims to bring clarity, fairness, and economic growth to the cannabis market.