Photo: Bastiaan Slabbers/NurPhoto via Getty Images

2020 presidential candidate Sen. Bernie Sanders (I-Vt.) released a proposal precisely at 4:20 pm on Thursday to legalize marijuana at the federal level, per a campaign email.

The big picture: Marijuana legalization has become an increasingly popular stance within the Democratic Party, but Sanders' proposal appears to be one of the most progressive in the 2020 field. Sanders says he would legalize marijuana within 100 days via executive action and fight against large marijuana companies monopolizing the market to ensure communities of color are able to benefit from the industry.

  • 11 states and Washington, D.C., have legalized marijuana, but it is still illegal at the federal level.
  • Sanders says his administration "will direct both federal and state authorities to review marijuana convictions and vacate and expunge all past marijuana-related convictions."
  • The plan would also "eliminate barriers to public benefits for people who have interacted with the criminal justice system."

By the numbers: Sanders also proposed using marijuana tax revenue to create a $20 billion grant program for entrepreneurs of color.

  • Tax revenue would also create another $10 billion in grant programs for businesses in areas that have been disproportionately affected by the criminalization of marijuana.

Go deeper: Axios' deep dive on the growing marijuana industry

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Pelosi: "States don't have the money" for Trump's unemployment order

House Speaker Nancy Pelosi claimed on "Fox News Sunday" that states don't have the funds to comply with the executive order President Trump signed on Friday, which requires them to cover 25% of an additional $400 in weekly unemployment benefits.

Why it matters: Many state and local governments have had their budgets devastated by the economic impacts of the coronavirus, which have caused expenses to soar and revenues to plunge.

Kudlow says he regrets claiming Trump couldn't use executive order for unemployment

White House economic adviser Larry Kudlow said on CNN's "State of the Union" Sunday that he regrets suggesting this week that unemployment benefits can only be extended by Congress.

Why it matters: President Trump's decision to bypass Congress to sign four executive actions, including one that provides $400 per week in extra unemployment benefits, has prompted outcry from Democrats and even some Republicans who believe he is overstepping his constitutional authority.

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Lebanon information minister resigns days after deadly explosion

Anti-government protesters in Beirut. Photo: STR/NurPhoto via Getty Images

Lebanon’s information minister resigned on Sunday in the wake of mass protests over the deadly blast in Beirut's port last week, which has killed at least 160 people and injured nearly 6,000, AP reports.

Why it matters: In her resignation letter, Manal Abdel-Samad called change "elusive" and apologized for not delivering more to the country, which had been devastated by a financial crisis and the coronavirus pandemic even before the blast destroyed much of the capital city.