SAFE Banking Act expected to have committee vote soon Dear Friend, As you know, the pot industry, its lobbyists, and pro-weed lawmakers are willing to do anything to pass bills to further the addiction-for-profit model. They have tried nearly every avenue possible to try and get these bills signed into law. Their current focus is passing the SAFE Banking Act, legislation that would permit the marijuana industry to access federal banking services. Please contact your representatives today and ask them to oppose the SAFE Banking Act. We anticipate that the SAFE Banking Act will undergo a markup in the Senate Banking Committee sometime in the next 3 weeks. If your Senator sits on the Senate Banking Committee, they need to hear from you: Majority Members Sherrod Brown, Ohio, Chairman Jack Reed, Rhode Island Bob Menendez, New Jersey Jon Tester, Montana Mark Warner, Virginia Elizabeth Warren, Massachusetts Chris Van Hollen, Maryland Catherine Cortez Masto, Nevada Tina Smith, Minnesota Kyrsten Sinema, Arizona Raphael Warnock, Georgia John Fetterman, Pennsylvania Minority Members Tim Scott, South Carolina, Ranking Member Mike Crapo, Idaho Mike Rounds, South Dakota Thom Tillis, North Carolina John Kennedy, Louisiana Bill Hagerty, Tennessee Cynthia Lummis, Wyoming J. D. Vance, Ohio Katie Britt, Alabama Kevin Cramer, North Dakota Steve Daines, Montana Even if your Senators are not on this committee, they still need to hear from you in opposition to the SAFE Banking Act. After the markup, the bill could go to the Senate floor at anytime. This bill would permit banks to be out of compliance with federal law, while opening the doors to Wall Street investment into the marijuana industry, accelerating the creation of the next Big Tobacco. Since the industry is unable to access many risk-averse institutional investors due to marijuana's status as an illegal drug at the federal level, the SAFE Banking Act that would grant the industry access to the federal banking system and institutional investors. In an effort to circumvent this, Big Pot is lobbying for the inclusion of the SAFE Banking Act. This bill is all about maximizing profits, no matter the effects on public health or public safety. Please contact Congress and tell them to oppose the SAFE Banking Act! The SAFE Banking Act would permit banks to be out of compliance with federal law, while opening the doors to Wall Street investment into the marijuana industry and put the pedal to the metal in the creation of the next Big Tobacco. All without any public health and safety guardrails. Please, take action now. Thank you for all that you do, Dr. Kevin Sabet President SAM Action SAM Action (A Project of Smart Approaches to Marijuana) | 107 S. West St, Suite 757, Alexandria, VA 22314 Unsubscribe
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