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HOUSE LIKELY TO VOTE ON CANNABIS BANKING THIS MONTH

By Alex Halperin
09/23/2019 09:24 AM GMT-0700
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Following some amendments to please Republicans, the U.S. House of Representatives appears likely to vote on cannabis banking this month. In the Senate, where passage may be more difficult, banking committee Chair Mike Crapo (R-Idaho) has said he wants to hold a committee vote by the end of this year, potentially on a different bill than the House’s.
Marijuana Moment

  • The American Bankers Association and other large financial industry groups support the bill.
    Marijuana Moment
  • A coalition of liberal groups called, apparently unsuccessfully for the banking vote to be delayed saying it would “undermine broader and more inclusive efforts” at cannabis reform.
    Marijuana Moment

Quick Hits

  1. The VA is beginning a strict cigarette ban at agency facilities.
    Boston Globe
  2. Some policy experts studied how states can maximize pot taxes, since consumers are wont to avoid paying.
    The Conversation
  3. Former FDA Chief Scott Gottlieb called on the FDA to regulate cannabis for MED purposes.
    Politico

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