The House Cannabis Caucus presented the first-ever cannabis industry forum within the capitol complex.
Roll Call

Top of the agenda was the SAFE Banking Act, which supporters hope to pass with a three pronged strategy:

  1. Find more GOP support in the House, which Rep. Ed Perlmutter (D-Colo.) thinks will help in the Senate.
  2. Appeal to Senate Majority Leader Mitch McConnell (R-Ky.). (McConnell opposes legalization but might be sympathetic because of the hemp industry’s banking problems.)
  3. Win support for hearings from the financial industry.

Optimists hope to see it passed by December 2020.

Meanwhile in Sacramento: The California state senate passed a banking bill which could step up pressure on federal lawmakers.????For more see WW California.

Quick Hits

  1. Rep. Alexandria Ocasio-Cortez (D-N.Y.) appeared to convince Housing and Urban Development Secretary Dr. Ben Carson that stringent rules for evicting drug users from federally-subsidized housing should be changed.
    Mother Jones
  2. The Veterans Cannabis Project partnered with Harley Davidson of Washington D.C. to support this weekend’s Rolling Thunder rally.
    Stars and Stripes
  3. To keep cannabis businesses in the city, Oakland may lower its 10% tax on gross receipts, among the highest in California.
    East Bay Times