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Schumer asks for input as Democrats finalize cannabis bill

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Top Senate Democrats are asking their colleagues for input as they work to finalize cannabis reform legislation, with the aim of introducing a bill this spring.

Senate Majority Leader Charles Schumer (D-N.Y.), Finance Committee Chairman Ron Wyden (D-Ore.) and Sen. Cory Booker (D-N.J.) sent a letter to their colleagues to invite them “into the drafting process as we work to finalize this legislation.”  

“In order to appropriately address such a nuanced issue, we respectfully request the input, advice and guidance of Chairs and Ranking Members of relevant committees as well as senators who have dealt with the challenges and realities of legalization in their own states,” they wrote.

“We would deeply appreciate your willingness to share your expertise on the intersections between your committees’ jurisdictions, your states’ experiences, and comprehensive cannabis reform and invite you to join the process of perfecting this legislation. We would welcome the opportunity to discuss this issue with you in the weeks ahead,” the three senators added.

The letter comes after Schumer indicated during a press conference last week that he was aiming to introduce the legislation as soon as April that would lift the federal prohibition on cannabis and allow state-compliant cannabis businesses to have access to financial services such as bank accounts and loans.  [Read More @ The Hill]

The post Schumer asks for input as Democrats finalize cannabis bill appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

(Originally posted by AggregatedNews)

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