Sen. Cory Booker (D-NJ) says that federal marijuana prohibition has created a “twin crisis” where people are still being arrested over cannabis in many states while, elsewhere, state-legal businesses are being locked out of financial services, compromising equity.
The senator released a video on Friday that underscores the consequences of the policy disconnect and stresses the need to enact reforms such as the marijuana legalization bill he filed in July with Senate Majority Leader Chuck Schumer (D-NY) and Senate Finance Committee Chairman Ron Wyden (D-OR).
“Federal marijuana prohibition is beginning to be more and more absurd, especially because most states now have moved to legalize marijuana, whether it’s for medical use or for overall adult use,” Booker said. “And now we have a twin crisis” of cannabis criminalization and a lack of access to the banking system for marijuana businesses.
The federal prohibition of marijuana is out of step with what the American people, across the political spectrum, want and makes a mockery of equal justice.
State after state is legalizing marijuana, but federal law is holding back small businesses from thriving. pic.twitter.com/FJ7ayatjqu
— Cory Booker (@CoryBooker) September 23, 2022
While Booker described the banking issue in terms
Read full article on Marijuana Moment
