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Dear Friends,

As you know, the pot industry and its lobbyists are always working to attach pro-marijuana bills to any piece of legislation that advances through Congress.

The Senate will soon take up the GENIUS Act, a cryptocurrency bill, and the industry is working hard to include SAFE Banking language. Click here to tell your senators to oppose the inclusion of SAFE Banking in this bill. ([link removed])

The SAFE Banking Act is a bill to allow the pot industry access to the U.S. financial system and billions of dollars in institutional investment from the likes of Big Tobacco, Big Alcohol, and Big Pharma. This bill will keep marijuana federally illegal while encouraging banks to accept federally illegal proceeds.

This would mean exponential growth for the marijuana industry, making it harder to defeat.

There are number of risks involved with giving banking access to businesses involved in the trade of a federally illegal substance including giving money laundering access to international drug cartels who are already using the cover of legalization, radically increasing Wall Street investment for the marijuana industry, and providing a precedent for giving banking access to other criminal activity.

Absolutely not. Please ask your senators to oppose SAFE Banking being added to the GENIUS Act. ([link removed])

Sincerely,

The SAM Action Team

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Smart Approaches to Marijuana (SAM) ([link removed]) is an alliance of organizations and individuals dedicated to a health-first approach to marijuana policy. We are professionals working in mental health and public health. We are bipartisan. We are medical doctors, lawmakers, treatment providers, preventionists, teachers, law enforcement officers and others who seek a middle road between incarceration and legalization. Our commonsense, third-way approach to marijuana policy is based on reputable science and sound principles of public health and safety.

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