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Sen. Cory Booker (D-NJ) says that ongoing marijuana banking issues under prohibition amount to a \u201ccannabis crisis,\u201d and while he thinks there\u2019s still a shot to enact reform with Republicans in control of the House, he\u2019s underscoring the challenges of the new political dynamic on Capitol Hill.<\/p>\n
Advocates and stakeholders remain frustrated that Congress was unable to pass a marijuana banking bill<\/a> and other modest reforms last session when Democrats held majorities in both chambers. But eyes are now turned to what\u2019s achievable in the 118th Congress.<\/p>\n Booker told NJ.com that it\u2019s his \u201cintention to try to drive it as far as we can go, but the dynamics have shifted pretty dramatically\u201d with the House flip. He said enacting reform is \u201cdefinitely going to be harder, but not impossible.\u201d<\/p>\n \u201cI do think there\u2019s a chance. Remember there\u2019s always been a good bipartisan coalition of people that want to do something,\u201d the senator said<\/a>. \u201cThe urgencies that pushed us towards some kind of partnership are still there, on the business side as well as the restorative justice side.\u201d<\/p>\n Booker has faced particular criticism from certain stakeholders over how his position on banking legislation has evolved, with the senator at one point vowing to block any efforts to advance<\/a> a standalone Secure and Fair Enforcement (SAFE) Banking Act without equity components but eventually expressing interest in compromise to get something done.<\/p>\n He remains committed to incorporating equity into legislation he plans to work on this session, but the task is steeper without Democratic control of the House.<\/p>\n The senator said in an earlier interview following last year\u2019s election that he believed it could take \u201cmany years from now\u201d<\/a> to pass cannabis legislation if Democrats didn\u2019t get the job done during the lame duck session.<\/p>\n \u2014 Senate Majority Leader Chuck Schumer (D-NY), who led negotiations over the so-called SAFE Plus package, has faulted Republicans for keeping the proposal out of key legislation<\/a> that he\u2019d hoped to attach it to last session.<\/p>\n Rep. Patrick McHenry (R-NC), who now serves as chairman of the House Financial Services Committee, said last month that while he still opposes the banking proposal<\/a>, he wouldn\u2019t stand in its way.<\/p>\n The White House was asked last week where President Joe Biden stands on marijuana banking reform<\/a>, and Press Secretary Karine Jean-Pierre said that the ball is in Congress\u2019s court, with no current plans for administrative action to resolve the issue.<\/p>\n Biden hasn\u2019t provided a clear policy position on marijuana banking, though he\u2019s said that states should be able to decide their own cannabis laws without federal interference. His administration\u00a0has also become more vocal marijuana reform<\/a>\u00a0since the president issued a mass cannabis possession pardon in October.<\/p>\n Colorado Governor Names Psychedelic Advisory Board Members, Including Top Researcher And Former Cannabis Journalist<\/a><\/p>\n<\/blockquote>\n\n The post Booker Laments \u2018Cannabis Crisis\u2019 Of Prohibition, Laying Out Marijuana Banking Challenges In New Congress<\/a> appeared first on Marijuana Moment<\/a>.<\/p>\n
Sen. Cory Booker (D-NJ) says that ongoing marijuana banking issues under prohibition amount to a \u201ccannabis crisis,\u201d and while he thinks there\u2019s still a shot to enact reform with Republicans in control of the House, he\u2019s underscoring the challenges of the new political dynamic on Capitol Hill. Advocates and stakeholdersContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":458,"featured_media":61468,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18,81],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/61467"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/458"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=61467"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/61467\/revisions"}],"predecessor-version":[{"id":61469,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/61467\/revisions\/61469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media\/61468"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=61467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=61467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=61467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nRead More: Booker Laments \u2018Cannabis Crisis\u2019 Of Prohibition, Laying Out Marijuana Banking Challenges In New Congress<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"