Cannabis Legislation

House COVID Package Includes Cannabis Banking Relief, But Not Small Business Support

Included in the language of the bill is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. Members of the House of Representatives voted 321 to 103 in favor of the Act in September. Reform advocates, including NORML, had lobbied leadership to include banking reform in the latest COVID relief measure.

NORML Founder Keith Stroup

A Founder Looks at 50: Keith Stroup on the Shafer Commission

As one reviews the modern history of marijuana policy in this country, beginning with the adoption of federal marijuana prohibition in 1937 (i.e., the Marijuana Tax Act) and continuing to where we are today with 33 states having legalized the medical use of marijuana and 11 states and the District of Columbia having legalized adult recreational use, perhaps the single most important step along the way was the report issued in 1972 by the National Commission on Marijuana and Drug Abuse.