This is long overdue. There are a couple of changes that may be in order. First, prohibit importation for now. Part of the reason for doing this is to kill demand for black market marijuana and hemp product. The legal market will new some protections to prevent being overcome by the drug cartels just dumping illegal cheap pot into the market. Second, the bill should establish a Federal tax, even if it is minimal, just like is done with alcohol and tobacco. This may be necessary to regulate potential over consumption in the future.