A bid to include the SAFE Banking Act in a must-pass defense spending bill has failed, leaving advocates searching for a way to pass the legislation that would grant the legal cannabis industry access to banking services. Proponents of the measure had hoped to include provisions of the banking bill, known as the Secure and Fair Enforcement (SAFE) Banking Act, in the National Defense Appropriations Act (NDAA), an annual spending bill that funds the military. But the latest version of the NDAA released on Tuesday did not include the cannabis banking language.
Under the SAFE Banking Act, federal banking regulators would be prohibited from penalizing banks that choose to serve cannabis firms doing business in accordance with state law. Under current regulations, banks are subject to penalties under federal money laundering and other laws for servicing such companies, leaving the cannabis industry to operate in a risky environment heavy in cash.
The legislation was initially introduced in the House in 2013 by Democratic Rep. Ed Perlmutter of Colorado, who has reintroduced the bill each subsequent congressional cycle. The bill has been passed seven times since 2019 by the House of Representatives, but each time the Senate has failed to bring the legislation to the floor for a vote.
Another amendment supported by cannabis policy reform advocates that would have given the states assistance with expunging past marijuana-related convictions also failed to make it to the final version of the defense spending bill. Before the latest text of the NDAA was released on Tuesday, Senate Majority Leader Chuck Schumer of New York told reporters that he was still working on getting the cannabis banking measure passed.
“It’s a priority for me,” Schumer said. “I’d like to get it done. We’ll try and discuss the best way to get it done.”
Republicans Balk At Adding SAFE To Defense Bill
But later in the day, Senate Minority Leader Mitch McConnell of Kentucky admonished Democrats for attempting to attach amendments not related to defense, including the SAFE Banking Act, to the spending bill.
“Even now, House and Senate Democrats are still obstructing efforts to close out the NDAA by trying to jam in unrelated items with no relationship to defense,” McConnell said on the Senate floor on Tuesday. “We’re talking about a grab bag of miscellaneous pet priorities — like making our financial system more sympathetic to illegal drugs, or the phony, partisan permitting-‘reform’-in-name-only language that already failed to pass the Senate this year.”
“If Democrats wanted these controversial items so badly, they had two years to move them across the floor. Heck, they could have scheduled those matters for votes this week. But no — we’re doing more mid-level nominations, while Democrats keep half-threatening to take our Armed Forces hostage over these extraneous matters,” said McConnell, adding “The Democrats’ failure to plan ahead for unrelated liberal pet priorities should not be creating uncertainty and confusion for the brave servicemembers who keep us safe. My colleagues across the aisle need to cut the unrelated hostage-taking and put a bipartisan NDAA on the floor.”
The failure to include the SAFE Banking Act in the NDAA leaves the prospect of passing the cannabis banking legislation before the current Congress adjourns in two weeks unsettled. Morgan Fox, the political director for the cannabis policy reform group the National Organization for the Reform of Marijuana Laws, said that SAFE could be attached to a pending omnibus appropriations bill or perhaps be approved as standalone legislation.
“I’m glad that we still have other options,” Fox said Wednesday. “It’s pretty disappointing.”
“While there has been momentum and optimism around getting SAFE included in the National Defense Authorization Act, it has been known for some time that getting this through would be a challenge,” Sahar Ayinehsazian, partner at the cannabis law firm Vicente Sederberg LLP, wrote in an email to High Times. “The focus now is on the omnibus appropriations bill, which congress is currently negotiating. SAFE has growing support on both sides of the aisle and I, and many others in the industry close to this issue, think that there is a still a chance that movement can be made on SAFE via the omnibus bill during this session of Congress.”
The SAFE Banking Act is supported by a bipartisan coalition of lawmakers made up primarily of representatives and senators from states that have legalized medical marijuana or adult-use cannabis. The bill passed with overwhelming bipartisan support by a vote of 321-110 in the House last year, and senators from both parties are also in favor of passing the measure.
“The Senator is continuing to work every day to build consensus so we can pass “SAFE Banking” into law this year,” a spokesperson for Montana Republican Senator Steve Daines said in an email on Wednesday.
The senior senator from Montana, Senator Jon Tester, a Democrat, also said he “would like to see it pass this Congress.”
The banking bill is also supported by nearly two dozen governors in states that have liberalized marijuana policy. In a written statement, Conor Cahill, a spokesman for Democratic Colorado Governor Jared Polis, praised the work of Perlmutter and said he expects the legislation to pass this year.
“Governor Polis has long advocated for the passage of the SAFE Banking Act, and has repeatedly called upon Congress to pass this important legislation to protect cannabis-related businesses, support minority, women, and veteran-owned small businesses owners, create jobs, and strengthen public safety in Colorado communities and in the states,” Cahill wrote in a Tuesday email. “We hope and expect to see the final passage of his decade-long effort by the end of the lame-duck session.”
The post SAFE Banking Act Left Out of Defense Spending Bill appeared first on High Times.
Herb: Explore the Superb Collection of Cannabis Products
Herb is one of the top-notch cannabis brands in the USA and is transforming the way cannabis products are seen. The debate surrounding cannabis is endless, yet herb has become one of the major benefactors of CBD products in the USA. With its natural, efficient, and environment friendly collection of cannabis products, it can be named “the paradises of cannabis”.
From original cannabis flowers to CBD capsules, the firm provides all sorts of cannabis products. Even the recipes available on their site are scrumptious enough to make your meals special and rejuvenating.
So, how did this paradise of CBD came to existence? Let’s dive into its past:
Founded in 2014 by Matt Gray, Herb is all about eradicating the speculation surrounding cannabis. Back then it was impossible to find any cannabis recipe other than weed brownie. Being a cannabis fan, Matt began his search for new recipes.
The work started in his garage. In the beginning, it was just a place for finding great recipes, but people wanted more. Consumers often complained about not getting the right ingredients to complete the recipes. To meet the demand Matt established “Herb” and within a few years, it was the favorite destination of cannabis lovers.
Matt believed that cannabis was sinking under the cultural and historical disbelief, and it was time people start benefiting from it. He believes that cannabis can change a million lives with its therapeutic nature.
Herb has helped put the scare behind cannabis to the ground and simplified the process of finding the right product. With more than 14 million consumers, the company is putting the myths associated with Cannabis to bed. The very proof of the fact is – the 265 million viewers available for their videos. Right now, the company is aiming to provide cannabis anywhere in the world within 15 minutes.
Looking for Cannabis induced supplements and pills to put an end to your daily woes? One of the best places to get 100% natural and tested cannabis product is herb.co. The website opens with a beautiful quote “Herb is Cannabis for You, near you.” Roll down to see a variety of cannabis products including CBD oil, THC Oil Sativa drops CBD capsules, pre-rolls, vape pens, and even fresh cannabis flowers.
Rest assured the company provides only naturally grown and environment-friendly cannabis products. Obtain it in any form and you won’t have to worry about its efficiency and originality.
Such vast array of CBD products have helped meet consumers’ demand. One can also get regular updates about cannabis and the laws related to it right at the websites. The information mentioned there has been helping people understand the existing laws and their particular rights.
The Best Hemp-Based Skincare Products
There are many things that every woman needs to take into consideration when it comes to skincare. First of all, you have to take note of the safe products that you can use for your face and body. Keep in mind that the beauty industry is significant, which means that there are tons of cosmetics and skincare items available in the market. Hence, it can be confusing to choose the right things for you.
It is also noteworthy to note that there have been recent developments or advancements in the beauty industry. Nowadays, consumers can already purchase the best hemp-based skincare products. At this point, you are probably wondering what these items are and what makes them different from other products. Do not worry as we are going to provide you with a complete set of guidelines about this new line of items. Our goal is to increase awareness about the well-known benefits and advantages of the said products.
From the name itself, it can already be derived that these products have an essential component called “hemp.” This ingredient is famously known as industrial hemp. Hemp is a plant that falls under the category of Cannabis sativa plant species. Over the years, researchers started to discover the benefits that the plant produces. Because of this, several manufacturers have decided to use its extract for their products. This is the reason why you can see thousands of hemp-based items in the skincare industry. In its simple terms, hemp-based products are those that were created and processed using hemp.
Benefits and Advantages
It is not a surprise that many people are interested in hemp-based products. With the number of benefits and advantages available in these items, you can expect consumers to buy them right away. If you are not yet sure if these products are ideal for your skin, then be sure to read the enumeration below. You will find a list of the reasons why you have to patronize the best hemp-based skincare products.
1. Moisturizes The Skin
One of the known effects of using skincare items made from hemp is getting rid of dry skin. With the continued use of these products, you will have soft and moisturized skin. They are high in Omega 3, 6, and 9, which are responsible for giving you a glowing and well-hydrated skin. This means that the items are perfect for those who are always exposed to the harmful UV rays coming from the sun. They are also great for women who do not get sufficient sleep every night.
2. Keeps You Look Younger
One of the challenges of being a woman is that you tend to age fast, especially if you are too busy with your personal or professional life. There is a tendency that you can no longer take care of yourself. Do not fret because there is a solution to that, which is to use hemp-based skincare products. They are proven to prevent aging or give you younger-looking skin.
3. Reduces Pimples or Acne Breakout
The omega acids found in the best hemp-based skincare products are also known to lower the possibility of suffering from an acne breakout. These acids are responsible for decreasing the swelling on one’s face. Keep in mind that the more moisturized or hydrated your skin is, the better chance you have of avoiding pimples.
4. Helps Deal With Skin Rashes
No matter how careful you are in caring for your skin, there is always that risk that you will suffer from skin rashes. Having this kind of skin problem can be challenging and painful on your part. Fortunately, hemp-based products can help you in dealing with the said skin rashes. This is made possible due to the anti-inflammatory components or properties found in the items.
As already emphasized above, one of the things that every woman needs to prioritize is to find the right skincare products. Take note that your choice of cosmetics, beauty products, and other related items can affect you in so many ways. If you choose the wrong product, there is a high chance that you will suffer its negative consequences. You will only end up spending money on something that is not worth it. As such, it is best to check the best hemp-based skincare products before making a purchase.
Students Programs and Hemp
The Internet is flooded with information about cannabis. This plant earns enough fame in different parts of the world. Other than cannabis enthusiastic and recreational users, there are lots of people interested in learning about hemp.
Numerous programs are available in the market to deeply understand the profits, politics, and policies of the cannabis plant. From culinary to chemistry, various programs, resources, and schools offer research, experience, and education to eager scholars.
Michigan Northern University
Michigan Northern University (Marquette, MI) offers an educational degree in Plant Chemistry. People are interested in the chemistry of the medicinal plant, such as the emerging hemp market and herbal extract marketplace.
This degree is suitable to balance coursework in biology and chemistry with lab experience. Several other courses focus on the possibility of laboratory and entrepreneurship accreditation for the preparation of Wildcat NMU graduates.
Cornell Hemp Science Specialization
The MPS (Master of Professional Studies) in Life Sciences and Agriculture with a hemp science specialization is a master’s degree. This program can develop expertise; expand versatility and critical competencies across a vast spectrum of regulatory, economic, and scientific topics.
Expert faculty advisors help students in their coursework to refine their skills about hemp. Keep it in mind that industrial hemp is famous for its use in the fiber, medicinal products, and foods. The evolving industry of hemp may offer plenty of employment opportunities.
There will be plenty of employment opportunities from genetics and plant breeding to farming, horticulture, and pharmacology. Some other prospects are product development, supply chain management, processing, and entrepreneurship.
Educated professionals focus on scientific principles, evolving hemp supervisory environment, and market trends that may enter the workplace. In the industrial hemp sector, commercial growth, quality and production control specialist, agricultural consultant, and inventory controller are some top professions.
Moreover, specialists in product development, supply chain, and operations manager are some significant job opportunities. Students can learn about biochemistry, transformation, tissue culture, and agroecology.
Furthermore, the microbiome, diseases, and pests, and cultivation of hemp are some exciting areas to study.
TMCI (The Medical Marijuana (Cannabis) Institute)
The TMCI develops Science Inside proprietary courses focusing on learning and quality content based on the clinical data and science behind medical hemp. The mission of the organization is to focus on medical marijuana.
For the assistance of students, they have designed an eLearning website to offer fair learning opportunism to students. They want to educate the global community of caregivers, patients, and healthcare professionals.
If you want to learn about the medical hemp and clinical application of this plant, you will learn everything about it.
Stockton University understands the potential of the booming cannabis industry. They off a hemp minor to students. Remember, medical hemp is authorized in New Jersey. This school is interested in offering more courses for students.
The pharmacy school of Maryland University offers different cannabis-focused programs. Students can specialize in clinical use, science, and policy about medical cannabis. No doubt, there is a rapid growth in the industry of therapeutic hemp.
They offer an MS program in Medical Hemp Science to foster the growth of educated workers. They are preparing people to help patients and other healthcare providers. Moreover, these people will be able to research on therapeutic uses of medicinal hemp.
Clark University also launched a graduate program for hemp control. This program is useful for students to understand issues related to public policy about distribution, regulation, sales, and cultivation. They can study about medicinal use and adult-use of the plant.
After the legalization of marijuana, California-Davis University started to teach students about the benefits, risks, and health effects of hemp. In upper-level courses, students should fulfill some neurobiology or physiology prerequisite.
Hemp and Business Administration
With the growth in the business of hemp, there are equal opportunities, threats, logistics, and challenges. Nowadays, it is profitable to run a hemp distribution business. At the same time, the business owner has to deal with federal, state, and local regulations, competitors, zoning requirements, insurance issues, and taxes.
A person can deal with all these problems after completing a degree in business administration. This degree can balance all dimensions by offering instruction in entrepreneurship, organizational management, business law, financial accounting, and several other areas.
Moreover, agriculture is an obvious path in this field. Several study programs are available to help in the successful cultivation of hemp.