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Senate Majority Chief Chuck Schumer on Thursday indicated that he could connect prison justice reform language to the hashish banking invoice that simply handed a Senate committee.
Talking on the Senate flooring, he stated he was “actually pleased with the bipartisan deal we produced,” a reference to the Safe and Honest Enforcement Regulation Banking (SAFER) Act. And whereas the laws shall be delivered to a full Senate vote “quickly,” he added that he plans to incorporate “very vital prison justice provisions” in it, Marijuana Moment reported.
Schumer did not say what these reforms is likely to be noting he would “speak extra about that at a later time.”
Attaching any further provisions — not to mention ones on prison justice — might imperil SAFER’s probabilities of successful Senate approval. Prior makes an attempt so as to add prison justice language into marijuana-related laws has led to controversy.
In Might, Schumer stated a marijuana banking invoice would have social justice reforms and prison expungement language connected. And in 2022, Sen. Cory Booker (D-N.J.) stated he would favor a “SAFE Banking Plus” invoice that features prison justice reforms.
Talking throughout Wednesday’s SAFER invoice committee markup, Sen. Raphael Warnock (D-Ga.) additionally indicated his assist for the invoice could possibly be contingent on inclusion of prison justice reforms. “I’d assist all the provisions and reforms on this laws if paired with broader hashish reforms that substantively addressed the difficulty of restorative justice.”
Multi-state operators: Cresco Labs (OTCQX:CRLBF), The Cannabist Co. (OTCQX:CBSTF), Trulieve Hashish (OTCQX:TCNNF), Curaleaf Holdings (OTCPK:CURLF), Inexperienced Thumb Industries (OTCQX:GTBIF), MedMen Enterprises (OTCQB:MMNFF), Acreage Holdings (OTCQX:ACRHF), Ayr Wellness (OTCQX:AYRWF); Verano Holdings (OTCQX:VRNOF), and Jushi Holdings (OTCQX:JUSHF).
Hashish ETFs: AdvisorShares Pure Hashish ETF (YOLO), Amplify Seymour Hashish ETF (CNBS), ETFMG Different Harvest ETF (NYSEARCA:MJ), AdvisorShares Pure US Hashish ETF (MSOS), and International X Hashish ETF (POTX).