The U.S. Senate Banking Committee has added new witnesses who will testify at a hearing on bipartisan marijuana banking bill this week.
In addition to the top bipartisan sponsors of the Secure and Fair Enforcement (SAFE) Banking Act, a union representative and a cannabis financial services company representative will also share their perspective on the legislation and underlying financial services issues in the cannabis industry at Thursday’s hearing.
Marijuana Moment has also learned that an equity-focused cannabis reform advocate and leading prohibitionist will testify, though they have not been officially listed on the hearing page yet.
Banking Committee Chairman Sherrod Brown (D-OH) said last week that senators planned to “move quickly” on the legislation from Sens. Jeff Merkley (D-OR) and Steve Daines (R-MT).
Beside Merkley and Daines, here are the witnesses that have been added to testify at the committee hearing:
Cat Packer, Cannabis Regulators of Color Coalition (CRCC) and Drug Policy Alliance (DPA)
Packer is a former Los Angeles cannabis regulator who now serves as vice chair of CRCC and director of drug markets and legal regulation at DPA. She has not been listed on the hearing page, but multiple sources told Marijuana Moment that she will participate.
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