Since July’s Senate hearings on the difficulties in cannabis banking (above) there has been a sense of momentum, if not quite an air of inevitability about the SAFE Banking Act’s progress through Congressional committees.
That changed this week, when the ACLU and other activist groups made a late push for a delay so more comprehensive reform might be addressed.
Then, Congresswoman Maxine Waters pushed the banking bill forward, and now the historic vote is set to go on Tuesday.
Marijuana Moment
- The ACLU and Center for American Progress, released a letter on Tuesday saying they were worried that passing the banking bill would undermine broader reform efforts. More comprehensive legislation has been stuck in the judiciary committee.
Quick Hit
- Yes, the Bob Hertzberg bill got shelved, but is California banking somehow on track to arrive next year?
National Law Review
