The Marihuana Tax Act of 1937 The Pure Food and Drug Act of 1906 set the stage for cannabis restrictions, but the Marihuana Tax Act of 1937 marked the start of full-scale prohibition. The law did not explicitly ban cannabis in its wording, but that was clearly the intent. In the 1930s, the Treasury Department,…

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Recreational marijuana use will eventually be legalized: Cannabis company CEO Acreage Holdings CEO Kevin Murphy joins “Squawk Box” to discuss where the United States stands in the stage of transitioning toward legalizing recreational marijuana use. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality…

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