Federal Cannabis Legalization News | Safter Banking Act Update
This week we saw a major push by Senate Majority Leader Chuck Schumer to legalize cannabis at the federal level when he circulated a petition, asking for signatures from supporters. These types of email campaigns are often used to build up their own email lists for political fundraising; however, Schumer has been an outspoken proponent of allowing banks to do business in the cannabis industry. On Wednesday, Schumer and a bipartisan group of cannabis supporters introduced a revised version of the SAFE Banking Act called the SAFER Banking Act. This updated version has some new provisions and is set for mark-up in the Senate next week.
Meanwhile, two republican supporters of the SAFER Banking Act introduced their own bill to impede the proposition of rescheduling cannabis to a less regulated class. The DEA Act, as it’s known, would require congressional approval to propose a change to any federal drug law, adding another hurdle to the prospect of cannabis legalization if it were to pass both chambers of Congress. The MORE Act was also refiled again this week, making its way to the House for a third time. The bill is solely sponsored by Democrats and faces an uphill battle to make it through while the House is under GOP majority.
New York continues to make headlines for their calamitous roll out of the adult-use industry in the state. Leafly, Ron DeSantis, and the NCAA also get some of the spotlight this week. Tune in to hear all about it. This is Cannabis Legalization News for the week of September 18th.
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00:00:09 Senate Democrats Pass Cannabis Banking Bill
00:04:55 Senators Unveils bipartisan Safety Banking for Cannabis Industry
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00:16:50 Should hemp be classified as a controlled substance?
00:18:23 Clone Coach: Will the Farm Bill Change the Status of Hemp
00:19:10 How to Apply for a Maryland Cannabis License?
00:25:35 Is Cannabis Too Much Like Alcohol?
00:29:37 Republican Congress Passes Bill to Halt Marijuana Schedule
00:34:59 “I Don’t Understand Why the Soup Is So Hot”
00:35:15 Democrats File Marijuana Legalization and Expungements Bill
00:37:32 NYC lawmakers pass bill to raise taxes on wealthy people
00:37:54 Leafy sues New York Cannabis Regulators Over Third-
00:41:06 Mamacuya, a cross between Afghu and Lavender
00:46:36 NCAA Committee recommends removing marijuana from banned drugs list
00:48:55 New York Cannabis Decider: Must Grow Weed Outside, Not In
00:50:40 Sheep Eat 600 Pounds of Weed in Greece
00:56:22 grow your way out of climate change
00:58:50 Travel Warns: Smoke Screening In Hotels
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