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"The US Cannabis Council applauds President Biden for highlighting cannabis reform as an issue of national concern during his State of the Union address. The President has issued historic pardons for nonviolent cannabis offenses and initiated a groundbreaking review of the status of cannabis under federal law. Tonight's remarks before a national audience signal the President's ongoing commitment to advancing cannabis reform. We are encouraged by what we heard this evening and optimistic that the Biden Administration will move cannabis down to Schedule III this year."
WASHINGTON, D.C. – Several outlets are reporting that cannabis banking reform will not be included in the omnibus funding package. Specifically, we understand that Senators failed to reach a deal that would enact the SAFE Banking Act, a critical piece of legislation that would give legal cannabis businesses expanded access to banking and payment services. Under current federal law, financial institutions are prohibited from providing cannabis businesses with critical tools and services like bank accounts and loans...
US Cannabis Council applauds the Biden administration for negotiating the release of Brittney Griner
WASHINGTON, D.C. – Today, President Biden announced the release of WNBA All-Star Brittney Griner, who for ten months languished as a political prisoner in Russia due to accusations of cannabis possession...
WASHINGTON, D.C. – Bill language for this year’s National Defense Authorization Act (NDAA) was released without cannabis banking reform or restorative justice provisions, despite promising reports that the NDAA might be used as a vehicle for this legislative framework. Under current federal law, financial institutions are prohibited from providing cannabis businesses with critical tools and services like bank accounts and loans, leading to enormous barriers to entry for smaller operators, denial of personal financial services to cannabis industry employees, and ongoing threats to public safety....
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WASHINGTON, D.C. – Following a joint virtual event co-organized by the African American Mayors Association (AAMA) and the United States Cannabis Council (USCC) on cannabis legalization and what mayors can do to best advance social equity, AAMA 1st Vice President Mayor Shawyn Patterson-Howard and USCC CEO Khadijah Tribble joined forces to call on Congress to take action on pressing cannabis issues that are affecting cities across the nation, particularly those with large communities of color...
WASHINGTON, D.C. – Today, the U.S. Cannabis Council released the following statement in response to the introduction of the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Act in the U.S. Senate.
The bipartisan legislation, introduced by Senator John Hickenlooper (D-CO), would create a process for the federal government to establish effective regulation upon federal cannabis legalization. It mirrors the House companion bill that Reps. Dave Joyce (R-OH) and Hakeem Jeffries (D-NY) filed earlier this year.
WASHINGTON, D.C. – Today, Senator Jacky Rosen (D-NV) introduced the Fair Access for Cannabis Small Businesses Act, a critical piece of legislation that would help ensure legally operating small cannabis businesses have access to Small Business Administration (SBA) loans and programs. Currently, SBA excludes from its loan and entrepreneurial development programs all small businesses with “direct” or “indirect” products or services that aid the use, growth, enhancement, or other development of cannabis...
WASHINGTON, D.C. – Today, U.S. Cannabis Council CEO, Khadijah Tribble, released the following statement praising the Senate passage of the bipartisan Medical Marijuana and Cannabidiol Research Expansion Act:
“The Senate’s unanimous passage of this legislation represents a significant change in posture towards much needed and meaningful cannabis reform. The Senate should capitalize on this momentum and pass the bipartisan SAFE Banking Act before the end of the lame-duck session. USCC will continue to engage with Congress and the administration toward ending federal prohibition on cannabis...
WASHINGTON, D.C. – Today, the House Oversight Subcommittee on Civil Rights and Civil Liberties held a hearing on the benefits of cannabis decriminalization at the federal level and allowing cannabis companies to access traditional banking services.
US Cannabis Council (USCC) CEO, Khadijah Tribble, released the following statement:
“USCC commends the Subcommittee on Civil Rights and Civil Liberties for coordinating across the aisle to hold this hearing with a diverse group of experts from the cannabis industry. Today’s hearing underscores the broad bipartisan support for cannabis reform and how Congress can create equitable pathways to a regulated industry...