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Bill Passed in U.S. House To Normalize Cannabis Commerce


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The SAFE Banking Act, which would create a legal safe space for banks and financial institutions to engage in business relationships with state-licensed and regulated cannabis commerce. 

See the roll call and data of the vote here.

The SAFE Banking Act is a first step in ensuring that state regulated markets can operate openly in the banking system. Still according to federal law these state markets are running a criminal enterprise as marijuana is still (as of 4/20/21) on the controlled substance list as a CS1.

As politicians keep making promises they never keep, as the war on drugs fades in and out as deemed necessary, as the feds keep playing games with the nation we shall see what happens in the near future.

We are already witnessing the corporate push to oust caregivers and home grows. The one for all and all for one – to legalize weed has split into numerous tribes and are now on different ends of the bridge ready to fight. The war on drugs is evolving into the new drug lords (states and corporations) -vs- the average person just trying to grow their own.

Can’t wait to see who gets pushed out when it becomes federally legal and then illegal again… unless you submit and buy from the state. Time and greed will determine the timeline.

The post Bill Passed in U.S. House To Normalize Cannabis Commerce appeared first on Michigan Medical Marijuana.

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