420 with CNW — Congressman Wants to Add Cannabis Banking Language to America COMPETES Act
The sponsor of the SAFE Banking Act, Rep. Ed Perlmutter, recently stated that he’s planning to attach an amendment to the proposal for a broader measure that deals with innovation and research in the manufacturing and technology sectors. The congressman is looking for another vehicle to pursue his initiative after it was removed from a separate defense legislation in 2021. The measure’s language had been successfully attached to the National Defense Authorization Act on the House side but was removed later, during bicameral negotiations. At the time, the congressman said that senate leadership was to blame for the decision to…