What A New House Speaker Will Mean For Marijuana Reform, Including Banking

House Speaker Marijuana Reform: A New Era in Cannabis Policy

Hey there, fellow cannabis enthusiasts! Today, we’re diving deep into the ever-evolving world of marijuana reform, and we’ve got one burning question on our minds: What does the change in House mean for the future of cannabis policy, especially when it comes to banking and legalization?

So, kick back, roll up your favorite strain, and let’s break it down step by step. πŸŒΏπŸ›οΈ

House Speaker Marijuana Reform: The Changing of the Guard

In a historic move, Rep. Kevin McCarthy (R-CA) got the boot as House , leaving us all wondering how the new GOP leadership will approach cannabis issues. While we don’t yet know who will take the speakership, we do have some clues from the candidates.

Jim Jordan and Steve Scalise: The Contenders

Two names have emerged as top contenders for the coveted House speaker position: Judiciary Committee Chairman Jim Jordan (R-OH) and Majority Leader Steve Scalise (R-LA). But, if you’re a cannabis reform advocate, you might not be doing a happy dance just yet.

McCarthy’s Departure

With McCarthy as speaker, there was a glimmer of hope for bipartisan support on a cannabis banking bill. McCarthy had previously voted in favor of this legislation, which is already making in the Senate. But, he wasn’t on board with full legalization and had his reservations about the reform.

Jim Jordan and Steve Scalise: The Antagonists

Now, let’s delve deeper into the stances of Jim Jordan and Steve Scalise, the two potential House speaker candidates who might make cannabis reform advocates a bit uneasy.

Jim Jordan, as the chair of the Judiciary Committee, has cast his vote against at least 26 cannabis reform proposals throughout his tenure. He’s been a vocal opponent of legalizing marijuana and has some strong words about it. But, with him in the speaker’s seat, the odds of significant reform happening seem slim.

Steve Scalise also hasn’t been a fan of cannabis reform, voting against bills like the MORE Act and the SAFE Banking Act multiple times. He even co-sponsored a bill to prevent people from accessing welfare assistance at cannabis stores. Yikes!

House Speaker Marijuana Reform: What Lies Ahead

Now, the million-dollar question is whether these potential new speakers would actively block marijuana banking reform if it gained bipartisan support. It’s expected that the GOP House would either amend the Senate version or come up with their own. And if this reform gets tacked onto a larger bill, the chances of interference decrease.

Timing Is Everything

Don Murphy, director of relations for the Marijuana Leadership Campaign, reminds us that getting this bill out of the Senate is the first crucial step. As he puts it, “The enemy is time.” So, no matter who the speaker is, the focus should be on moving forward.

House Speaker Marijuana Reform: A Glimmer of Hope?

House Majority Whip Tom Emmer (R-MN) plans to run for majority leader if Scalise wins the speakership. Emmer has a more cannabis-friendly stance, believing that marijuana should be left to the states. Could this mean a positive change in leadership?

Reschenthaler’s Role

Rep. Guy Reschenthaler (R-PA) might take over Emmer’s majority whip post if it opens up. He’s sponsored legislation to allow state- marijuana businesses on national stock exchanges and has pushed for federal criminal to be sealed for marijuana .

The Final Toke

So, there you have it, folksβ€”a glimpse into the future of cannabis policy under potential new House speakers. We’re in for an interesting ride, no matter who takes the gavel. Stay tuned for on House Speaker Marijuana Reform.

And a big thanks to Kyle Jaeger for reporting on this ever-evolving story. Your are much appreciated! πŸ™πŸ“°

Alex Flores
Alex, here, fellas. Up to date of everything happening in the world of our important green cannabis. I like to stay informed and be serious about bringing facts from the most trusted sources. So, stay tuned and follow me on Leafy Leaks.

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