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The goal of legalization, Mr. Tvert added, is not to make access to marijuana easier, but rather, "to make our communities safer by regulating this substance, taking it out of the underground market, controlling it and better keeping it away from young people".
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But the Credit Rating Agency Reform Act of 2006 prohibits the S.E.C. from regulating the substance, criteria or methodologies used in credit rating models, making those inquiries more difficult.
A package of reform bills introduced in Congress last week would seek to close the gap between state and federal policy by removing cannabis from the DEA's list of most dangerous substances and instead regulating the substance similarly to alcohol.
The initiative, which accepted public comments through September 2005 on proposed options for regulating these substances, may result in new rules for the environmental assessment of substances in products regulated under the Food and Drugs Act, according to Health Canada.
To ease this designation, marijuana could either be "rescheduled" to Schedule II through V, all of which would allow at least some more discretion to prescribe and regulate the substance.
He said the federal government might yet step in to regulate the substance "if the states and industry do not take steps to address these wastes adequately in a reasonable amount of time or if E.P.A. identifies additional risks to public health".
One problem with attempting to regulate the substance, says Braun, is that it affects everyone in differently - people's varying physiologies and metabolisms making it impossible to prescribe a "safe" limit that works for everyone.
She now favors decriminalizing the drug, but has not co-sponsored recently introduced legislation to regulate the substance like alcohol. .
Trudeau is expected to specify the government's regime to regulate the substance, as well as how much the substance will be taxed, soon after he officially forms government.
On Wednesday, he announced his support for removing marijuana from the federal government's list of outlawed drugs, saying that states should be allowed to regulate the substance as they please.
"These are not regulated; the substances they are manufacturing are not regulated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com