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Marijuana Banking Bill Will Pass ‘Decisively’ Next Week, Senate Committee Chair Says As More Amendments Are Floated

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Senate Banking Committee Chairman Sherrod Brown (D-OH) says a bipartisan marijuana banking will pass “decisively” out of his panel next week, as senators discuss possible tweaks on its path to the floor and anti-drug advocates decry the reform as a public safety hazard.

The revised Secure and Fair Enforcement Regulation (SAFER) Banking Act that’s due for a committee markup next Wednesday might not enjoy the same level of support as other unrelated bills that recently moved out of the panel, but Brown told Ask a Pol’s Matt Laslo that he still expects a “strong majority” will approve it.

The chairman said he isn’t anticipating “many amendments” when it reaches the floor. Senate Majority Leader Chuck Schumer (D-NY) has committed to attaching changes related to state-level cannabis expungements and gun rights for medical cannabis patients—but beyond that, Brown said generally “there will be enough agreement that we will keep the bill together and make minor changes.”

NEW EXCLUSIVE:

Senate Banking Chair Sherrod Brown on SAFER Banking Act: “we’ll pass it decisively”#SAFEBanking #cannabisindustry https://t.co/g9P3nD6KuX pic.twitter.com/bYZZvoBBc0

— @askapol (@ask_a_pol) September 22, 2023

He did mention another possible amendment related to a “credit card bank issue,” but it’s unclear what he’s specifically

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Biden & Trump voters’ cannabis views (Newsletter: April 24, 2024)

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SC medical marijuana; Feds removing MDMA from drug testing; CA psychedelics; Ventura on cannabis politics; DEA psilocybin; Legalization & immigrants

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/ TOP THINGS TO KNOW

Reps. Morgan McGarvey (D-KY), Morgan Luttrell (R-TX) and seven other bipartisan members of Congress sent a letter pressing the Department of Veterans Affairs to form a strategic plan to implement MDMA-assisted psychedelic therapy in preparation for federal approval as soon as this summer.

The Substance Abuse and Mental Health Services Administration’s Drug Testing Advisory Board is weighing proposals to remove MDMA from federal workplace drug testing programs while adding fentanyl.

The South Carolina House Medical Cannabis Ad Hoc Committee held a hearing on a Senate-passed bill to legalize patient access—but only took testimony from

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Ahead Of 4/20, National Democratic Group Slams Virginia GOP Governor For Marijuana Vetoes

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A national Democratic Party group is bashing Virginia Gov. Glenn Youngkin’s (R) “harmful opposition to marijuana reform” ahead of the 4/20 cannabis holiday, calling out the GOP governor’s recent vetoes of bills to legalize retail sales and reduce sentences around past marijuana crimes.

In a statement tied to the 4/20 cannabis holiday and shared exclusively with Marijuana Moment on Friday, the Democratic Legislative Campaign Committee (DLCC), which focuses on electing Democrats to state legislatures, said Youngkin “continues to hold Virginia back and block the progress made by Democrats in control of the legislature.”

Use, possession and limited cultivation of cannabis by adults is already legal in Virginia, the result of a Democrat-led proposal approved by lawmakers in 2021. But Republicans, after winning control of the House and governor’s office later that year, subsequently blocked the required reenactment of a regulatory framework for retail sales. Since then, illicit stores have sprung up to meet consumer demand.

This year, with Democrats in control of both legislative chambers, lawmakers passed a new legal sales bill, sending it to Youngkin for his consideration in late February. A month later, the governor vetoed the bill, writing in a veto message that “the proposed legalization of retail marijuana in

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Kansas GOP Senator Forces Vote On Reviving Medical Marijuana Legalization Bill

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After a Kansas legislative committee effectively killed a medical marijuana pilot program proposal last month, lawmakers are slated to take up the issue once again when they return from break later this month under a GOP senator’s new motion to force a vote on a different legalization bill.

Last week on the Senate floor, Sen. Robert Olson (R) made a motion that would revive a broader medical marijuana measure and have senators debate and vote on it. That bill, SB 135, was shelved by a legislative panel a year ago after pushback from law enforcement.

“We’ve debated this issue in committee,” Olsen told Senate colleagues. “It’s time that we have an opportunity to vote on the floor to try to bring this bill out.”

“There’s a lot of money that states around us are making from this,” he added. “Someday this is going to be law in this state. I would like to put it into law with good boundaries, and this bill does that.”

The Senate will vote on Olson’s motion to hear SB 135 once the body reconvenes on April 26.

Olsen previously backed medical marijuana legalization and said last October that Senate President Ty Masterson (R) removed

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