Name: Senate Democrats plan to push for national marijuana legalization
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Senate Democrats plan to push for national marijuana legalization

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Illustration: Sarah Grillo/AxiosAdvocates and lawmakers favoring marijuana reform are trying to capitalize on the social justice movement and COVID-19 economic rebound to legalize and normalize the use of pot.Why it matters: The supporters are also trying to take advantage of polls showing broad public support — and get ahead of the reality Democrats could lose their control of Congress after the midterm elections next year.The big picture: Cannabis is big business. U.S. sales last year. Revenue for was $12 billion, by comparison.Driving the news: The (USCC) was launched in February to coordinate and represent about 50 organizations and businesses promoting policy and legislation.What we're watching: On the legislative front, Senate Majority Leader Chuck Schumer of New York and Sens. Cory Booker of New Jersey and Ron Wyden of Oregon will soon to decriminalize marijuana nationally.Yes, but: Any bill is going to need to receive a minimum of 10 Republican supporters to pass through the normal legislative process.Details: Hawkins tells Axios the Cannabis Council has met with roughly 90 lawmakers since its inception in February.Between the lines: Biden's support for the cannabis community is mixed. He hasn't embraced full legalization but has backed medical-use legalization, as well as decriminalization for possession.New Mexico Gov. Michelle Lujan Grisham (D) on Monday that will legalize recreational marijuana for people over the age of 21. The state of play: Lujan Grisham said in a following the state legislature's passage of the bill, "This is a significant victory for New Mexico. Workers will benefit from the opportunity to build careers in this new economy."Democrats and Republicans will be looking far beyond the bottom-line numbers as they examine first-quarter campaign fundraising reports due Wednesday.Between the lines: We spoke with aides to House and Senate leadership, allies of former President Trump and top Democrats about their focus. They'll be looking for any proof Republicans were hurt by the Jan. 6 Capitol siege and whether Democrats are headed for midterm trouble.Yesterday saw more crypto speculation than any other day in history. By the numbers: Coinbase, the stock, had $30 billion of trading activity on Wednesday alone. That's more than all the cryptocurrency that Coinbase, the company, trades in a week.

Illustration: Sarah Grillo/AxiosAdvocates and lawmakers favoring marijuana reform are trying to capitalize on the social justice movement and COVID-19 economic rebound to legalize and normalize the use of pot.Why it matters: The supporters are also trying to take advantage of polls showing broad public support — and get ahead of the reality Democrats could lose their control of Congress after the midterm elections next year.The big picture: Cannabis is big business. U.S. sales last year. Revenue for was $12 billion, by comparison.Driving the news: The (USCC) was launched in February to...

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Senate Democrats plan to push for national marijuana legalization

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