SAFE Banking x5

SAFE Banking x5

The

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passed the House last night for the fifth time if we’re counting correctly.  The number of times SAFE Banking has been the subject of this bulletin is perhaps double that, but for good reason.  Banking is a pivotal missing piece needed for the normalization of hemp markets.

Hemp policy is forever tied to cannabis policy.  They are one in the same plant, each one depending on the other for its definition. Cannabis policy at the federal level is forever tied to social justice reform.  This has emerged in national politics in recent years but only in the 117th Congress have we seen a comprehensive strategy on the part of key Democratic caucus members. 

The broader strategy that underlies current cannabis reform highlights the harm that the drug war predominantly caused to communities of color.  Not exclusively though, and…

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05.15.2024

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