Alternative Energy Partners Inc (AEGY)

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Rep. Barney Frank (D-Mass.) and Rep. Ron Paul (R-Texas) will introduce legislation on Thursday to end the federal ban on marijuana and let the states decide whether to legalize it.

“The legislation would limit the federal government’s role in marijuana enforcement to cross-border or inter-state smuggling, allowing people to legally grow, use or sell marijuana in states where it is legal,” according to the Marijuana Policy Project, which advocates for pot legalization. “The legislation is the first bill ever introduced in Congress to end federal marijuana prohibition.”

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