Blum Holdings Inc (BLMH)

[IndustryParticipant]

Glad someone shared that......a topic of immense focus this weekend (in industry)

As Representative Jim McGovern (D-MA) takes over as chair, the House Rules Committee may no longer be the place cannabis reform goes to die.

"Unlike my predecessor, I'm not going to block amendments for marijuana," McGovern told The Boston Globe. He was of course speaking of the former Rules Committee chair Representative Pete Sessions (R-TX), who lost his seat in Congress in this week's midterm elections. Sessions was well-known for his rigid, anti-marijuana stance, blocking most of the bills that came his way, something McGovern said was out of step with voters' opinions.

"Citizens are passing ballot initiatives, legislatures are passing laws, and we need to respect that. Federal laws and statutes are way behind."