Tomorrow, the U.S. House of Representatives will once again vote on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, which would end the federal prohibition of cannabis and create important protections for individuals, the emerging cannabis industry, and those harmed by prohibition policies.
Late last week, the U.S. House of Representatives passed provisions of the SAFE Banking Act as part of the America COMPETES Act, marking the sixth time cannabis banking legislation has been approved by the chamber.
Today, Rep. Jerrold Nadler (D-NY) reintroduced the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act. If enacted, the legislation would end the federal prohibition of cannabis by removing it from the Controlled Substances Act and ending criminal penalties under federal law.
We have big news to share: Just now, the U.S. House of Representatives approved the SAFE Banking Act (H.R. 1595) in a 321-103 floor vote! Today’s vote was historic, as the SAFE Banking Act is the first standalone cannabis bill to ever receive a full vote in Congress.
This legislation would prevent federal financial regulators from punishing financial institutions that provide services to state-legal cannabis businesses. Currently, most banks are unwilling to work with the cannabis industry because…
The U.S. House of Representatives voted yesterday to prevent the federal government from interfering with state laws regulating marijuana for all purposes, including adult use.
"Today's vote is the most significant step Congress has ever taken toward ending federal marijuana prohibition."
- Steven Hawkins, MPP Executive Director
Yesterday in the U.S. House of Representatives, an extraordinary milestone was achieved when the body approved a measure by a 267-165 vote to prevent the Department of…
Urge your U.S. Representative to support the SAFE Banking Act of 2019!
Today, 33 states and the District of Columbia have enacted laws allowing for either medical or adult-use cannabis. An additional 14 states allow for limited medical use. But under current law, financial institutions providing banking services to legitimate and licensed cannabis businesses under state laws are subject to criminal prosecution under several federal statutes, such as "aiding and abetting" a federal crime and money…