Sanders Unveils Plan to Legalize Marijuana, Invest Tax Revenue in Minority Businesses

Sen. Bernie Sanders released a comprehensive plan late Thursday afternoon to legalize marijuana, begin a process to expunge old pot-related convictions and take steps to shape the emerging legal sales industry. The proposal dropped, winkingly, at precisely 4:20 PM ET. Sanders, a longtime proponent of marijuana legalization, would also ban tobacco companies from getting into the increasingly lucrative business, while creating a $20 billion grant program — using tax revenue from marijuana sales — to…

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Author: Ryan Nobles, Gregory Krieg and Annie Grayer, CNN News