The sponsor of a bipartisan bill to protect banks that work with state-legal marijuana businesses sent a letter to Senate leadership on Tuesday, imploring the chamber to action on the reform on the one-year anniversary of the House’s latest passage of the measure in standalone form. Rep. Ed Perlmutter (D-CO) wrote that not only is cannabis banking reform an urgent public safety necessity, but passing his Secure and Fair Enforcement (SAFE) Banking Act could also serve as a legislative “icebreaker” for the type of broader reform that Senate leaders have been working on. The letter was addressed to the sponsors of a wide-ranging marijuana legalization bill that’s being finalized by Senate Majority Leader Chuck Schumer (D-NY), Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ), as well as Banking Committee Chairman Sherrod Brown (D-OH). Read my letter to @SenSchumer, @CoryBooker, @RonWyden & @SenSherrodBrown ➡ https://t.co/KzlOe8G5Vc We cannot let our fight for comprehensive cannabis reform stall progress this year to the detriment of thousands of state-legal businesses, employees & safety of our communities.
Kyle Jaeger, Marijuana Moment, 04/19/2022 13:18:00