Sen. Bernie Sanders launched a complete plan late Thursday afternoon to legalize marijuana, start a course of to expunge previous pot-related convictions and take steps to form the rising authorized gross sales trade.

The proposal dropped, winkingly, at exactly 4:20 PM ET.

Sanders, a longtime proponent of marijuana legalization, would additionally ban tobacco firms from stepping into the more and more profitable enterprise, whereas making a $20 billion grant program — utilizing tax income from marijuana gross sales — to supply new capital to minority entrepreneurs.

Many years of harsh legal guidelines and sentencing necessities have “disproportionately focused folks of coloration and ruined the lives of hundreds of thousands of People,” Sanders stated in a press release. “After we’re within the White Home, we’re going to finish the greed and corruption of the massive firms and guarantee that People hit hardest by the warfare on medication would be the first to learn from legalization.”

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