SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND SALAMI -- PART II

[sleekscape]

Banking Legalization For MJ, Hemp & CBD


Latest update 5/13:

The Senate’s 2021 SAFE Banking Act has now attracted 8 Repub Co-Sponsors, placing it at a near-tipping point, with Susan Collins from Maine as the latest Repub

https://www.congress.gov/bill/117th-congress/senate-bill/910/cosponsors?searchResultViewType=expanded&pageSort=lastToFirst


GOP Senator Who Trashed Marijuana Banking Amendment Years Ago Is Now Cosponsoring Reform Bill

https://www.marijuanamoment.net/gop-senator-who-trashed-marijuana-banking-amendment-years-ago-is-now-cosponsoring-reform-bill/


— — —


On 4/19/21, the House passed The 2021 SAFE Banking Act, so now all eyes are on the Senate:

U.S. House Approves Marijuana Banking Bill For Fourth Time, Setting Up Senate Consideration

The vote marks the fourth time the House has approved the Secure and Fair Enforcement (SAFE) Banking Act. Lawmakers passed it as a standalone bill in 2019 and then twice more as part of coronavirus relief legislation. At no point did the measure move forward in the Senate under Republican control last session, however.

But this time around, advocates and industry stakeholders are feeling confident that the bill’s path will not end in the House. With Democrats now in control of both chambers and the White House, there are high expectations that the proposal will make its way through the Senate and onto the president’s desk.

https://www.marijuanamoment.net/u-s-house-debates-marijuana-banking-bill-with-final-vote-set-for-this-evening/


In late March 2021, The SAFE Banking Act of 2021 was introduced in the Senate with 6 Republican Co-Sponsors:

Banking Bill Reintroduced In Senate, With Nearly A Third Of The Chamber Signed On

https://www.marijuanamoment.net/marijuana-banking-bill-reintroduced-in-senate-with-nearly-a-third-of-the-chamber-signed-on/

The Senate version is being sponsored by Sens. Jeff Merkley (D-OR) and Steve Daines (R-MT), and it currently has 27 other cosponsors.

Beside the chief sponsors, here’s who’s signed on to this latest version so far: Sens. Kyrsten Sinema (D-AZ), Ed Markey (D-MA), Alex Padilla (D-CA), Patrick Leahy (D-VT), Dick Durbin (D-IL), Ron Wyden (D-OR), Mazie Hirono (D-HI), Tina Smith (D-MN), Angus King (I-ME), Catherine Cortez Masto (D-NV), Michael Bennet (D-CO), Bob Menendez (D-NJ), Jon Tester (D-MT), Jacky Rosen (D-NV), Kevin Cramer (R-ND), Dan Sullivan (R-AK), Kirsten Gillibrand (D-NY), Elizabeth Warren (D-MA), Chris Murphy (D-CT), Gary Peters (D-MI), Bernie Sanders (I-VT), Brian Schatz (D-HI), Patty Murray (D-WA), Amy Klobuchar (D-MN), Rand Paul (R-KY), Bill Cassidy (R-LA) and Cynthia Lummis (R-WY).


In early February 2021, Democrats announced their intention to pass The SAFE Banking Act into law in the new Congress:

Cannabis industry may finally move past cash as Democrats look to loosen banking restrictions

https://www.denverpost.com/2021/02/04/marijuana-banking-colorado-congress-cannabis-restrictions/


Sleek