Top Schumer Aide Talks Next Steps For Marijuana Legalization And Cannabis Banking Reform

Top Schumer Aide Talks Next Steps For Marijuana Legalization And Cannabis Banking Reform
MJ moment

A top staffer for Senate Majority Leader Chuck Schumer (D-NY) spoke on Thursday about the path forward for a federal marijuana legalization bill and the prospects of passing incremental measures like cannabis banking reform in the interim. At an event hosted by the Council for Federal Cannabis Regulation (CFCR), Schumer’s chief counsel Reginald Babin said that “there is a bit more work to be done in terms of figuring out where the sweet spot is at least in the Senate in terms of what we can do this year.” He said that finding that balance is “work that we are currently undertaking” on the Senate side. While a draft version of the his boss’s Cannabis Administration & Opportunity Act (CAOA) was unveiled last summer, Babin said that final legislative text will “hopefully” be filed in the “near future” as they “perfect that framework.” TODAY'S WEBINAR: 'Providing a Safe and Legal Pathway for Medical Cannabis Use in the U.S.' Thurs. Apr. 28 1-2 EST.⁠ Conversation will center around the pros and cons of medical use cannabis w/ a focus on the latest research. Free to attend, register: https://t.co/BtxYn3KG9E pic.twitter.com/VaUyFjk31j — Council for Federal Cannabis Regulation (@uscfcr) April 28, 2022 The Senate leader said last week that he was making a “promise” to formally introduce a comprehensive legalization bill before the August recess, even though he previously said it would be filed this month. Schumer and colleagues have been working on the cannabis reform bill for over a year, and there’s been some frustration among advocates and stakeholders over the protracted timeline for its formal introduction, which Schumer said in recent months would happen in April before putting out a statement walking that back. Schumer, Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ) are leading the effort on CAOA. But while advocates…

Excerpt only …
READ MORE BELOW
Source : Top Schumer Aide Talks Next Steps For Marijuana Legalization And Cannabis Banking Reform

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.