Cannabis News of Note for the Week:
Politico Pro Cannabis: Cramer Expects SAFE Banking Vote on Sept. 27 (paywalled newsletter, full text below)
Cannabis Reports of Note for the Week:
CRAMER EXPECTS SAFE BANKING VOTE ON SEPT 27 — Rumors swirling around a potential SAFE Banking Act markup date are solidifying on Capitol Hill. Sen. Kevin Cramer (R-N.D.), a member of the Senate Banking Committee and a cosponsor of the bill, told Natalie on Thursday that he expects a markup on the 27th of September.
Reports that the markup would be held at the end of September have been flying recently, with both Sept 20 and 27 floated as possible markup dates. A source with close knowledge of the bill told POLITICO on background Thursday that the 20th has now been ruled out.
Banking Committee Chairman Sherrod Brown (D-Ohio) told Natalie on Thursday that taking the time to address issues could be better in the long run.
“We want to see the strongest vote, and if we had moved more quickly, we probably wouldn’t have,” Brown told Natalie on Thursday. A strong vote, he explained, “helps us with momentum on the floor and in the House.”
As with the Senate, however, it’s important to remember that anything could still happen.
“I don’t dare believe it until the roll is called,” Cramer added on Thursday.