CANNABIS REFORM AT THE FEDERAL LEVEL

Federal marijuana reform

STATES Act

The STATES Act amends the Controlled Substances Act so that any business or person operating in compliance with state cannabis law will not be in violation of federal law. The STATES Act is a bipartisan bill with real world impact. It would immediately improve public safety and the local economies within the states the cannabis industry operates, and protect the freedom and livelihood of the hundreds of thousands of Americans working in the legal cannabis industry today.

Medical cannabis is legal in 33 states, D.C., Guam, Puerto Rico, and the U.S. Virgin Islands, while adult use of cannabis is legal in 10 of those states, along with D.C. and Guam. The STATES Act reflects the will of American voters, tens of millions of whom have enacted medical and adult-use cannabis laws nationwide.

In response to a Quinnipiac survey last year that asked respondents whether they would “support or oppose a bill protecting states that have legalized medical or recreational marijuana from federal prosecution,” nearly three-quarters (74%) said that they would support such legislation.

Arizona Dispensaries Association

SAFE Banking Act

The SAFE Banking Act aims to address the lack of access to banking experienced by lawful cannabis businesses operating in states with existing cannabis regulatory structures. The bill would prevent banking regulators from penalizing banks and their employees for providing financial services to state-legal cannabis businesses, reducing the uncertainty and risk that deters many banks from working with cannabis businesses.

The SAFE Banking Act is a critical next step in achieving the transparency and regulatory compliance required for the long-term health and safety of the cannabis industry.

Medical cannabis is legal in 33 states, D.C., Guam, Puerto Rico, and the U.S. Virgin Islands, while adult use of cannabis is legal in 10 of those states, along with D.C. and Guam. The STATES Act reflects the will of American voters, tens of millions of whom have enacted medical and adult-use cannabis laws nationwide.

In response to a Quinnipiac survey last year that asked respondents whether they would “support or oppose a bill protecting states that have legalized medical or recreational marijuana from federal prosecution,” nearly three-quarters (74%) said that they would support such legislation.

Arizona Dispensaries Association