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Biden touts cannabis moves in State of the Union (Newsletter: March 8, 2024)

Schumer on “productive” marijuana banking talks; Vets push Congress for cannabis & psychedelics action; CO cannabis/guns initiative; FL delta-8 ban

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/ TOP THINGS TO KNOW

President Joe Biden touted his marijuana pardons and cannabis rescheduling review in his State of the Union speech, though he exaggerated and mischaracterized the impact of the clemency move.

Senate Majority Leader Chuck Schumer (D-NY) told Marijuana Moment that a cannabis banking bill is a “very high priority” and that senators are “having very productive conversations” with House members to work out a deal for passage this year.

Lead SAFER Banking Act Sen. Jeff Merkley (D-OR) told Marijuana Moment the cannabis bill is “gaining momentum” and he’s working with leaders to “get this done this year.”

The House and Senate Veterans’ Affairs Committees heard testimony from veterans

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