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Cannabis Economy

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Nov 18, 2019

Although U.S. Congressman Thomas Massie is typically against too much regulation, he is glad to see the SAFE Banking Act pass in the House, as it will help to undo other ineffective laws. Massie notes that the bill passed with the support of 91 Republicans, which is quite indicative of how far Congress has come as far as cannabis is concerned. Ideally, Massie would want the federal government to stay out of cannabis regulation and leave it all to the states to decide for themselves, which accounts for the Second Amendment Protection Act, a bill that he is cosponsoring. Although people often believe that getting a bill passed is all about cosponsors, Massie notes that there are many other factors involved, such as the speaker and the majority leader, the speaker in the House, and the majority leader in the Senate. Massie also discusses drug testing, the STATES Act, taxation, and more.

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