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Posted by: thepinetree on 06/24/2019 08:14 PM Updated by: thepinetree on 06/24/2019 08:14 PM
Expires: 01/01/2024 12:00 AM
:

Cannabis Banking Update

Washington, DC...This week, the House passed H.R. 3055, a bundle of appropriations bills referred to as a “minibus,” that includes several amendments on cannabis banking and other cannabis- related issues. Last week the House Appropriations Committee approved the financial services appropriations bill for Fiscal 2020 that contains the SAFE Banking Act of 2019 (SAFE Act). If enacted, the SAFE Act would allow banks to provide marijuana-related businesses with financial services without the threat of prosecution for violating a myriad of federal banking and anti-racketeering laws.





In addition to the SAFE Act, House Democrats submitted several other amendments to prohibit the federal government from interfering with states’ rights to impose their own cannabis laws. The most noteworthy proposal, introduced by Congressman Tom McClintock (R-Placer) and Congressman Earl Blumenauer (D-Oregon), would prohibit the federal Department of Justice from imposing federal law over state cannabis programs. The amendment was adopted by a 267-165 vote, with numerous Republicans voting “aye”.

In the Senate, Majority Leader Mitch McConnell (R-Kentucky) is expected to oppose the Blumenauer-McClintock amendment, but the provision will likely have support from backers from the STATES Act, a similar proposal in the Senate that would grant states autonomy over marijuana enforcement. The provision could also face opposition from Minority Leader Chuck Schumer (D-New York) who said recently he prefers an approach to marijuana reform that de-schedules the drug from the Controlled Substances Act. When the House and Senate go to a Senate-House conference committee to negotiate a final version of the appropriations package for Fiscal 2020, the proposal should have strong support from the House in addition to some backers in the Senate. Advocates of marijuana reform hope this momentum will continue into the final round of negotiations.


Comments - Make a comment
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No Subject
Posted on: 2019-06-24 22:17:57   By: Anonymous
 
Cannabis is moving forward people in our county should also.

[Reply ]

    Re:
    Posted on: 2019-06-24 22:23:46   By: Anonymous
     
    Without hard working young families who deserve to apply and receive state licenses for cannabis this county will continue to stagnate instead of prosper

    [Reply ]

      Re:
      Posted on: 2019-06-26 18:12:17   By: Anonymous
       
      Young families in this county must have known what they signed up for and the alternatives to growing pot commercially. There are lots of other opportunities. Just spouting about one path is an attempt to falsify the data.

      [Reply ]

    Re:
    Posted on: 2019-06-25 06:31:08   By: Anonymous
     
    I'm sure folks with that Buellton grow will do their banking on the up and up. Keep the ban on cannabis.

    [Reply ]

      Re:
      Posted on: 2019-06-25 08:22:16   By: Anonymous
       
      Regardless of this ban fantasy you and your little cult have concocted. Regulations, laws and what's called moving forward will still happen. The future is out of your hands now, that being said I'm sorry that's this is so hard for you to understand. I know sometimes change is not always an easy thing to accept. The ban will be lifted in calaveras eventually and marijuana is legal in california as with loads of other states, you know one could always move to one of these lasting anti everything states. It would better cater to your way of life. Easy fix, it's just common sense. Good luck! Just remember as long as you stay here you'll forever be part of the minority now.☺

      [Reply ]

        Re: /\/\ Ban fantasy
        Posted on: 2019-06-25 08:28:15   By: Anonymous
         
        And I'm not MOVING! I (or should I say WE) will fight this to my last breath and will not BUDGE an inch! I say BAN!

        [Reply ]

          Re: /\/\ Ban fantasy
          Posted on: 2019-06-25 09:01:13   By: Anonymous
           
          ^^STFU SRS

          [Reply ]

            Re: /\/\ Ban fantasy minorities😊 hahahahahahahah
            Posted on: 2019-06-25 12:32:01   By: Anonymous
             
            SRS couldn't afford relocation for his woodshed. I don't understand why these people complain and still stay in california. It's most bizarre, scream and shout but never put their money where their mouth is. California baby love it or leave it.



            Take control and move on you've grown tired and old. Your old fashioned way has burned out like a flickering light, all that's left now is but a dying breed. Majority rules so the sooner you accept this the better your lives will be. This anger is like a cancer, but at least chemotherapy can treat that. As far as anger goes, it'll just grow tirelessly. That is what you are miserable, sad and down right ridiculous. Get a hobby. I don't smoke, but if someone wants too whats it my buisness? I'd rather people use marijuana than drink or eat pills. To each is own, you people are like that unbearable irrational nosey neighbor.

            [Reply ]

              Re: /\/\ Ban fantasy minorities😊 hahahahahahahah
              Posted on: 2019-06-26 20:07:33   By: Anonymous
               
              How would you know what "SRS" can afford? Maybe if you took the time to pay attention to your own circumstances, retool, retrain, and restart, you wouldn't have to worry about other people's things so much. The overwhelming majority of Calaveras County voters won't be fooled by you, the ill-thought out promises and out and out fabrications of one supervisor, or the selfish goals of a very small group of people who have done enough environmental damage to our county to account for more than all the monitor-blasting gold minors ever did.

              [Reply ]

          Re: /\/\ Ban fantasy
          Posted on: 2019-06-26 12:16:23   By: Anonymous
           
          You don't like the "culture" that comes with it. Check this out, you are losing that war. The culture is already here, and your children are a part of it. It's a beautiful thing!

          [Reply ]

            Re: /\/\ Ban fantasy /\/\-beautiful thing
            Posted on: 2019-06-28 12:50:59   By: Anonymous
             
            A beautiful thing huh? You don't even know what true BEAUTY is! True beauty is when one wakes up in the mornings and see a beautiful sunrise with fresh cool and clean air without any foreign substances in it. It's bad enough just having to smell exhaust if you live near or on a major thoroughfare. As for children-do you want them to grow up as "space cadets" like you are-to carry on with such a tragic legacy. Now that's scary. To let a teenager or 18 year old-or maybe even a 21 year old smoke weed is not good since most kid's brains aren't totally mature til about 25. Some of you folks need to read some TRUE facts and TRUE statistics from RELIABLE sources instead of all this fake news etc! Yes-most voters in this county don't want commercial cultivation! Some of you folks need to wake up and smell the coffee-get REAL!

            [Reply ]

        Re:
        Posted on: 2019-06-26 18:33:23   By: Anonymous
         


        [Reply ]

      Re: Buelton
      Posted on: 2019-06-25 08:23:20   By: Anonymous
       
      Who is Buellton? And yes lets keep the ban-the stuff is not good for the environment, the water, not good in terms of crime; and what we need are more stable businesses and/or small industries who benefit everyone and also create work for heads of households of young families or any families for that matter. As for tourism, Calaveras HAS that. I couldn't believe all the folks arriving at the campgrounds by Boards Crossing last week end-all tourists who-of course-buy gas and food etc. from our own local stores and gas stations. I think Calaveras County generates more of an income with tourists in the summers and parts of the fall seasons. So what do we need all this weed cultivation for anyway? Go figure! We can do fine without it.

      [Reply ]

        Re: Buelton
        Posted on: 2019-06-25 09:02:02   By: Anonymous
         
        Grow baby, grow.

        [Reply ]

          Re: Buelton
          Posted on: 2019-06-25 10:32:34   By: Anonymous
           
          Get a real life instead of smoking you brain, ambition and everything else in your life away!

          [Reply ]

            Re: Buelton
            Posted on: 2019-06-25 12:12:29   By: Anonymous
             
            Smocking "you" brain away? You my brain too. Lol, idiot?

            [Reply ]

              Re: Buelton
              Posted on: 2019-06-26 08:21:20   By: Anonymous
               
              ^^Bret Heart graduate

              [Reply ]

                HAHAHAHAHAHAHAHA!!!!
                Posted on: 2019-06-26 12:42:41   By: Anonymous
                 
                HAHAHAHAHAHAHAHA!!! LYING, CHEATING, CROOKED HILLARY!!!HAHAHAHAHAHAHAHA!!!!!!

                [Reply ]


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