Sen. Majority Leader Chuck Schumer’s long-awaited comprehensive marijuana reform bill is delayed again.
Schumer now plans to introduce his Cannabis Administration and Opportunity Act before the Senate recess in early August instead of later this month, according to The Hill and other media outlets.
Fellow Democratic Sens. Cory Booker of New Jersey and Ron Wyden of Oregon also have been heading the effort.
Industry experts say Schumer so far is well short of the support he needs to get his marijuana reform package passed in the Senate.
The latest delay comes as marijuana reform in the Senate essentially has stalled.
That’s not been the case in the U.S. House of Representatives.
There, lawmakers recently passed for the second time in the chamber’s history the comprehensive marijuana reform measure known as the MORE Act.
Are you a social equity cannabis license holder or applicant?
The MJBizCon team is now accepting 2023 Social Equity Scholarship Program applications.
The mission of this program is to provide social equity cannabis license holders or applicants access to the #1 global cannabis industry conference + tradeshow in Las Vegas.
Who can apply?
- Students currently enrolled in a cannabis-related program at an accredited university or college.
- Cannabis executives at licensed social equity cultivation, extraction/processing, retail, manufacturing/brand businesses (or awaiting application approval).
Don’t miss out on this potentially life-changing opportunity.
Apply to attend MJBizCon today – The application period will close on July 24!
House Democrats also are trying to push through cannabis banking reform as part of an American competitiveness bill that will be hammered out by a congressional conference committee.
And, earlier this week, three House lawmakers – including a Republican leader on the Congressional Cannabis Caucus – introduced a bipartisan bill to direct the federal government to develop a regulatory framework that would be enacted if and when the 85-year federal prohibition on marijuana ends.