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Cannabis banking bill amendments & new name (Newsletter: September 20, 2023)

Fed worker marijuana bill scaled back; NH weighs “franchise” legalization model; CA bills on gov’s desk; OR drug decrim repeal; OH GOP ballot oppo

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The marijuana banking bill up for a vote next week has a new name—the Secure and Fair Enforcement Regulation Banking Act (SAFER) Banking Act—and revised provisions, including in a controversial section that had previously held up committee action. Senate Majority Leader Chuck Schumer (D-NY) said the reworked bill “allows legal cannabis businesses…access to financial services” while letting federal regulators “stop bad actors”—and he’ll bring it to the floor “with all due speed.”

House Oversight and Accountability Committee Chairman James Comer (R-KY) plans to file an amendment gutting key

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