Democrat-Controlled Senate Bodes Well For Cannabis Reform, Say ExpertsPosted by On


With the Democrats gaining majority control of the U.S. Senate for the first time since 2010, some pundits in the legal cannabis community are eagerly weighing in on how this shift in leadership will impact the industry from a regulatory standpoint.

Justin Strekal, political director of NORML,  a Washington, D.C.-based nonprofit focused on marijuana legalization, feels Senator Chuck Schumer’s ascension to Majority Leader, is a boon for the industry because of the New York-based lawmaker’s vocal stance for the need of cannabis legislation. And, as both Georgia Senators-elect Jon Ossoff and Reverend Raphael Warnock are on the record about ending federal marijuana prohibition, the political climate does seem far more amenable to reform than it was previously.

Under the outgoing GOP Senate leadership, notable cannabis reform bills such as the MORE Act, which decriminalizes marijuana and the SAFE Banking Act, a measure that allows banks and other financial institutions to work with cannabis companies without incurring legal penalties, languished in the Senate after being approved in the House of Representatives. However, the impasse might ease as many Senators, which include Cory Booker (D-NJ) and Rob Wyden (D-OR), “have already pledged…

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With the Democrats gaining majority control of the U.S. Senate for the first time since 2010, some pundits in the legal cannabis community are eagerly weighing in on how this shift in leadership will impact the industry from a regulatory standpoint.

Justin Strekal, political director of NORML,  a Washington, D.C.-based nonprofit focused on marijuana legalization, feels Senator Chuck Schumer’s ascension to Majority Leader, is a boon for the industry because of the New York-based lawmaker’s vocal stance for the need of cannabis legislation. And, as both Georgia Senators-elect Jon Ossoff and Reverend Raphael Warnock are on the record about ending federal marijuana prohibition, the political climate does seem far more amenable to reform than it was previously.

Under the outgoing GOP Senate leadership, notable cannabis reform bills such as the MORE Act, which decriminalizes marijuana and the SAFE Banking Act, a measure that allows banks and other financial institutions to work with cannabis companies without incurring legal penalties, languished in the Senate after being approved in the House of Representatives. However, the impasse might ease as many Senators, which include Cory Booker (D-NJ) and Rob Wyden (D-OR), “have already pledged…



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