Senate Banking Chair Sherrod Brown Is Aiming For Marijuana Bill Vote Before Oct. 6

Senate Banking Committee Chairman Sherrod Brown (D-OH) says he'll announce the scheduling of a marijuana banking bill vote in his panel soon, aiming to hold the markup session before October 6.

However, he acknowledges that there are unresolved issues among committee members that need to be addressed.

Uncertainties Surround Senate Markup And Section 10 Debate

The exact date for the markup remains uncertain as senators work to secure enough votes and resolve differences on various aspects of the bill.

Section 10 of the Secure and Fair Enforcement (SAFE) Banking Act, which has generated disagreements, remains a point of contention between Democrats and Republicans.

“I’m not going to publicly talk about negotiating and what people are asking for or not. There are still some outlying issues — minor ones. But we hope to get people onboard and get a strong vote,” Sen. Brown told Punchbowl Monday night.

Join us at the Benzinga Cannabis Capital Conference in Chicago on September 27-28 where we'll surely be discussing these important issues and where you'll have an opportunity to meet lawmakers and experts who are shaping the future of cannabis investment and branding. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.

Photo by Jason Pofahl on Unsplash

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisGovernmentRegulationsBroad U.S. Equity ETFsCommoditiesPoliticsMarketsETFsGeneralCCCSAFE Banking ActSenate Banking Committee Chairman Sherrod Brown
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis rescheduling seems to be right around the corner

Want to understand what this means for the future of the industry? Hear directly for top executives, investors and policymakers at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. Get your tickets now before prices surge by following this link.


Loading...