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Cannabis Economy

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Nov 21, 2019

U.S. Congresswoman Dina Titus discusses the passing of the SAFE Banking Act -- the first standalone cannabis bill to pass in the House while also being bipartisan. Titus believes that the topic of banking will appeal to Senate Republicans much better than issues of civil liberties or criminal justice would. Titus discusses some difficulties that initially came with pushing the SAFE Banking Act forward: "some people in the industry didn't want us to pass this because they said it might keep us from passing the big bill. Others of us said, 'No, we've got to have a win. We've got to get this. Don't let the perfect be the enemy of the good.'" From here, Titus believes that we can move on to other types of cannabis legislation, such as taxing cannabis for grant programs, getting the VA to allow for medical cannabis prescriptions, and sponsoring more scientific research. Titus also discusses the benefits of a regulated market, the opioid crisis, and more.

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