Schumer’s “last ditch” cannabis banking push (Newsletter: December 19, 2022)

Lawmakers push Biden on marijuana; Feds: Teen use stable as more states legalize; NJ sales surge; Former GOP congressman’s cannabis services company

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/ TOP THINGS TO KNOW

Senate Majority Leader Chuck Schumer (D-NY) is making a “last ditch effort” to include marijuana banking in the omnibus appropriations bill, a senior Senate Democratic aide told Marijuana Moment, adding that newly revised text has been shared with GOP lawmakers.

Meanwhile, Sen. John Cornyn (R-TX), who has been a vocal opponent of marijuana legalization, said that passing banking reform “without a federal regulatory framework” for cannabis would be “irresponsible.”

Members of Congress are circulating a sign-on letter calling on President Joe Biden to endorse federally descheduling marijuana as his administration’s position. It’s been signed so far by Sen. Elizabeth Warren (D-MA) and Reps. Earl

The post Schumer’s “last ditch” cannabis banking push (Newsletter: December 19, 2022) appeared first on GrowCola.com.

Lawmakers push Biden on marijuana; Feds: Teen use stable as more states legalize; NJ sales surge; Former GOP congressman’s cannabis… Continue reading
The post Schumer’s “last ditch” cannabis banking push (Newsletter: December 19, 2022) appeared first on GrowCola.com. 

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