Republicans are softening their stance on marijuana - MarketWatch

Attitudes in Washington may be shifting in favor of easing marijuana restrictions as health and business benefits become more apparent, but there are still major legislative obstacles ahead.

Three bills that have been introduced to U.S. Congress this year—two with bipartisan support—would pave the way for a more accepting federal environment for cannabis.

“With so many libertarian Republicans and states-rights conservatives, there has been more support from Republicans,” Dan Riffle, director of federal policies for the Marijuana Policy Project said. “…They’re in favor of letting states set their own polices.”

See also: A federal drug classification that scares off investors

There are currently 23 states that have legalized marijuana for medical purposes, and four plus Washington D.C. that have also approved it for recreational use. But the continued federal ban on the substance has hampered the development of the industry, to the frustration of investors and entrepreneurs....

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http://www.marketwatch.com/story/republicans-are-softening-their-stance-on-marijuana-2015-07-22