Cannabis News of Note for the Week:
Politico Pro Cannabis: Cramer Expects SAFE Banking Vote on Sept. 27 (paywalled newsletter, full text below)
Marijuana Moment: Key Senate Committee Officially Schedules Marijuana Banking Vote
NBC News: Republicans soften on federal marijuana reform in a shift that could make it a reality
MJ Biz Daily: Non-revenue-generating cannabis jobs in peril as demand grows for hourly workers
Cannabis Reports of Note for the Week:
Analysis: Unregulated Cannabis Products Far More Likely to Contain Pesticides
Cannabis Valuation Jumps Post-Rescheduling Recommendation, Viridian Report Reveals
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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.
The committee held a hearing on the bill in May, but a markup was held up over last-minute changes drafted by Sen.Jack Reed (D-RI) to narrow the scope of regulatory language in the bill.
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.