Lately, Senator Jeff Merkley (D-OR)the Sponsor of the Independent Safe and Fair Banking (SAFE) Actdiscussed the so-called “SAFE Banking Plus” Bill at the Payments, Banking, and Compliance (PBC) Conference. According to sources, it is “is nearing completion following bicameral and cross-party talks.”
said Merkley “It’s time to seal the deal” on a marijuana reform package, to contain the provisions in his opinion Protecting banks working with government-legal cannabis companiesas well as Capital components to increase legislative support who have resisted a broader shift centered on justice, reported marijuana moment.
Merkley added that proposals would likely be included to make it easier to overturn cannabis convictionsparticularly those taking place in now legal states, and to fund reinvestment programs and community grants.
“It’s time to close the deal in SAFE Banking Plus‘ Merkley said loudly Business Insider reporter Jeremey Berke. “No one has ever paid a political price for supporting cannabis in this country.”
A measure sponsored by Sen. Merkley that tries to prevent Veterans Affairs of interfering with or denying services to veterans who choose to participate in their state’s rights program was recently approved by Senate Appropriations Committee. The change aims to give military veterans access to medical marijuana by allowing VA physicians to make referrals in states where it’s legal.
What’s next?
Recently Sen. Cory Booker (D-NJ) said that he “open to compromise‘ when it comes to federal cannabis reform. But he said so before The long-awaited cannabis legislation is unlikely to move much until after the midterm elections in November.
Booker said that “more and more state senators are turning to the big bill, and now more Republicans are stepping up to help us maybe reach a compromise.”
The statement followed Booker after he revealed he was open to compromise on what the…
