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Specifically, this bill would:

Decriminalize marijuana at the federal level by removing it from the Controlled Substances Act.
Require resentencing and expungement of prior marijuana-related convictions and require courts to conduct re-sentencing hearings for those still under supervision.
Authorize the assessment of a 5% sales tax on marijuana and marijuana products to create an Opportunity Trust Fund with three grant programs: 1) a Community Reinvestment Program to provide services (such as job training, re-entry services, legal aid, youth recreation, mentoring, substance use treatment, and literacy programs) to those most adversely affected by the War on Drugs; 2) a Cannabis Opportunity Grant Program to provide loans to help small businesses in the marijuana industry that are owned and controlled by socially and economically disadvantaged individuals; and 3) an Equitable Licensing Grant Program to provide funds for programs that reduce barriers to marijuana licensing and employment for those most adversely impacted by the War on Drugs.
Open up Small Business Administration (SBA) funding for legitimate cannabis-related businesses and service providers.
Provide non-discrimination protections for marijuana use or possession.
Prohibit the denial of any federal public benefit (including housing) based on marijuana use or possession or prior conviction for a marijuana offense.
Provide that marijuana use or possession of a prior conviction for a marijuana offense won’t have any adverse impact under immigration laws.
Require the Bureau of Labor Statistics (BLS) to collect data on the marijuana industry’s demographics to help ensure that people of color and the economically disadvantaged are participating in the marijuana industry.

","official_title":"To decriminalize and deschedule cannabis, to provide for reinvestment in certain persons adversely impacted by the War on Drugs, to provide for expungement of certain cannabis offenses, and for other purposes.","short_title":"Marijuana Opportunity Reinvestment and Expungement Act of 2019","popular_title":null,"short_summary":"","summarized":true,"cost":null,"cost_commentary":"A CBO cost estimate is unavailable.","impact":"Individuals who would use marijuana; individuals with marijuana-related convictions and offenses on their records; marijuana legalization; marijuana scheduling under the Controlled Substances Act (CSA); marijuana offenses’ impact on immigration laws; SBA funding for legitimate cannabis-related businesses and service providers; imposition of a 5% sales tax on marijuana to fund an opportunity trust fund; and the BLS.","argument_for":"Marijuana decriminalization with a criminal justice reform component is needed to address the negative impact of the War on Drugs on minority communities and create economic opportunity by ending the federal prohibition.","argument_against":"Marijuana is an addictive substance, and legalizing it will only increase its use. 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SirRobert

Should Marijuana Be Federally Decriminalized & Past Cannabis Crimes Expunged?