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Cannabis banking setback in Congress (Newsletter: June 14, 2024)

NH legal cannabis bill dead; Schumer cannabis survey; AMA backs drug decrim; DEA psilocybin lawsuits; PA legalization; Congressman’s psychedelics oped

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The New Hampshire House of Representatives voted to table a compromise marijuana legalization bill that the Senate had approved earlier on Thursday, effectively killing the measure and preventing the state from becoming the 25th in the U.S. to legalize cannabis.

The House Appropriations Committee voted to remove marijuana banking provisions from a funding bill, with Rep. Dave Joyce (R-OH) saying he hopes to pursue the reform separately.

Senate Majority Leader Chuck Schumer (D-NY) sent a survey asking if Democrats should focus on marijuana or other priorities as the November election approaches.

The American Medical Association is endorsing drug decriminalization, adopting a resolution calling for the “elimination of criminal penalties for drug

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