Close Menu
  • Home
  • News
  • Lifestyle
  • Law
  • Business
  • Education

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Can You Take CBD Oil Every Day? Exploring Daily Use Benefits and Considerations

August 2, 2026

Mike Jones Interview: Cannabis, Health and Staying Motivated

August 1, 2026

CBD for Focus and Concentration: Mental Clarity Guide

August 1, 2026
Facebook X (Twitter) Instagram
Sunday, August 2
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram LinkedIn VKontakte
Smoke Professional
  • Home
  • News

    More Than 1,000 Arrested in Sweep of U.K. Weed Grows

    July 8, 2023

    Scotland Calls On UK To End ‘Failed’ Drug War With Decriminalization And Harm Reduction Approach

    July 8, 2023

    Germany’s draft law for first phase of cannabis reform

    July 8, 2023

    High Times Cannabis Cup Illinois: People’s Choice Edition 2023 Kicks Off

    July 8, 2023

    Pennsylvania Committee Advances Expansion to State Medical Cannabis Program

    July 7, 2023
  • Lifestyle

    The Lazy Stoner Is Dead. Cheech & Chong’s Last Movie Is the Eulogy.

    July 30, 2026

    Everything We Know About Snoop Dogg’s Upcoming Biopic

    July 28, 2026

    Stop Treating CalMag Like an Emergency Fix

    July 28, 2026

    How Washington Killed the Colombian Cannabis Boom And Created the Cocaine Cartels by Accident

    July 27, 2026

    Top 25 Cannabis Nug Shots: High Times Community Photos

    July 25, 2026
  • Law

    Massachusetts Election Officials Reject Latest Challenge of Legalization Repeal Question

    July 23, 2026

    Democratic Candidate for Iowa Gov. Releases Adult-Use Legalization Plan

    April 23, 2026

    Virginia Gov. Sends Adult-Use Cannabis Sales Bill Back to Lawmakers With Requests

    April 15, 2026

    IRC 280E Still Applies to Your Marijuana Business, Unfortunately

    February 24, 2026

    Oklahoma Campaign to Legalize Adult-Use Cannabis Will Begin Collecting Signatures Next Month 

    July 29, 2025
  • Business

    Ziggy Marley Interview: Brightside, Cannabis and Bob Marley

    July 31, 2026

    Daily Cannabis Use in the US Now Outpaces Alcohol as Teen Use Declines 

    July 30, 2026

    BYOB Is Dead. Bring Your Own Buzz.

    July 30, 2026

    B-Real and Rachel Wolfson Just Dropped Hemp THC. Cann Dropped the THC.

    July 30, 2026

    Cannabis and Cancer: What the Evidence Actually Shows

    July 28, 2026
  • Education

    Can You Take CBD Oil Every Day? Exploring Daily Use Benefits and Considerations

    August 2, 2026

    Mike Jones Interview: Cannabis, Health and Staying Motivated

    August 1, 2026

    CBD for Focus and Concentration: Mental Clarity Guide

    August 1, 2026

    CBD Oil & Drug Interactions: 2026 Safety Guide

    July 31, 2026

    Which Cannabinoid Helps You Rest Better in 2026?

    July 30, 2026
Smoke Professional
You are at:Home»News»Ten Reasons To Be Bullish On SAFE Banking (Op-Ed)
News

Ten Reasons To Be Bullish On SAFE Banking (Op-Ed)

adminBy adminFebruary 19, 2023No Comments8 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

“When Congress bucks conventional wisdom and shakes the cannabis world, you shouldn’t be surprised. You can take it to the bank.”

By Don Murphy, Marijuana Leadership Campaign

If you looked at the election returns in November, bought the conventional wisdom and believed that there would be no progress on cannabis policy reform until, “many years from now,” you would likely not have even looked for the silver lining in the results.

If you were looking for reasons not to follow the herd, and you looked at the 118th Congress as half full instead of half empty, you would have found these ten new reasons to be bullish under divided government on the future of the SAFE Banking Act, if not more.

10. SAFE is filibuster proof. Claims that SAFE did not have enough support among the Senate Republicans is just scapegoating by Senate Democrats who dragged their feet in hopes of more comprehensive reforms beyond the point of no return. Had SAFE been put to a floor vote, it would have had half the GOP in the YEA column. The over/under was 70. It would pass today. The new version of SAFE will likely be filed with enough Republican Senators to dispel any notion of a potential filibuster with Sen. Steve Daines (R-MT) taking the GOP lead.

(2/2) Had SAFE been put to a vote, it would have had 1/2 the GOP in the YEA column. #SAFEBanking could pass today. The over/under is 70. The 118th version of SAFE+ will likely be filed with enough @SenateGOPs to dispel any threat of a filibuster with @SteveDaines the GOP lead. pic.twitter.com/NsNOAOg5Vt

— Don Murphy, MLC, Director of Government Relations (@donmurphy12a) February 6, 2023

9. We have the votes in Financial Services. Of the 23 veteran House Republicans now on the committee, 15 voted YEA on SAFE Banking, 8 voted NAY. Five were SAFE co-sponsors including Majority Whip Tom Emmer (R-MN). There are 6 GOP freshman without federal cannabis votes. Even if they were all bad (and they are not) we still win. Chairman Patrick McHenry (R-NC)—an opponent of SAFE—pledged to not stand in the bill’s way.

8. SAFE Rules! The Rules Committee was once (prior to 2018) where anything cannabis related went to die. As SAFE champion former Rep. Ed Perlmutter (D-CO) proved, the bill is germane to almost everything. So the Rules Committee is now where the SAFE Banking bill can go to become the SAFE Banking amendment. Rules is very pro-SAFE. Of the 7 veteran Republicans now on Rules, four voted FOR SAFE Banking including: Chairman Tom Cole (R-OK) and Reps. Thomas Massie (R-KY), Guy Reschenthaler (R-PA) and Ralph Norman (R-SC). Massie and Reschenthaler, along with Rep. Chip Roy (R-TX),voted FOR an appropriations rider to defund federal interference with state-legal cannabis laws just as a previously enacted one did for medical states.

7. We have friends in high places. Not only is the majority whip a supporter of SAFE (and the amendment to protect legal states form federal interference) but Speaker Kevin McCarthy (R-CA) voted YEA on SAFE as well. It’s no accident that we have so many of our friends on the committees of jurisdiction. McCarthy took care of us, intentional or not.

We have friends in low places too. “Every two years, you get a new crop of members from both parties, but certainly from the Republican Party, who don’t have to defend the drug war … and they don’t have to prop it up,” said Murphy. “They are free to vote their conscience.”

— Don Murphy, MLC, Director of Government Relations (@donmurphy12a) February 9, 2023

6. Expectations are low. Senate Majority Leader Chuck Schumer’s (D-NY) Cannabis Administration and Opportunity Act is dead. The House-passed Marijuana Opportunity Reinvestment and Expungement Act is dead. So-called “SAFE Plus Plus” with social justice attachments is dead. When faced with the option of a more pared down “SAFE Plus,” or no SAFE at all, progressives should begrudgingly take what they can get from House Republicans and live to fight another day. If Senate Democrats want to reduce the physical and fiscal harms associated with an all-cash industry and support funding for expungements, they’ll fast track whatever incremental reforms the House gives them. The Democrats are otherwise out of options.

5. Someone (else) is going to get killed. “If it bleeds it leads,” is a well-worn axiom of the news media. It applies to politics and policy as well. Nothing moves legislation like bad news and there will be another tragedy at a dispensary because, as Willie Sutton said, “That’s where the money is.” And that’s were the money is because congress failed to pass SAFE Banking.

4. Lawman Dave Joyce. It’s a poorly kept secret that Rep. Dave Joyce (R-OH), GOP co-chair of the House Cannabis Caucus, will be the lead sponsor of SAFE after the retirement of Perlmutter. Joyce holds a number of titles in congress but it is his former title that is most relevant: prosecutor. SAFE Banking is about law-n-order. SAFE is not a vehicle to load up with a trove of progressive policies and nothing drives home that point like having a former prosecutor as the lead sponsor. Having a sponsor from Ohio might help get Ohio’s newest Senator, J.D. Vance, to be SAFE’s filibuster-proof cosponsor, making life interesting in Ohio’s congressional delegation (see #3).

SAFE is not a vehicle to carry a wishlist of progressive policies. Nothing makes that point like a former prosecutor as the lead. A sponsor from Ohio might help get @JDVance1 to be SAFE’s next (filibuster proof) sponsor, making life interesting in OH’s Senate delegation (see #3).

— Don Murphy, MLC, Director of Government Relations (@donmurphy12a) February 14, 2023

3. Brown is Up. Senate Banking Committee Chairman Sherrod Brown (D-OH) failed to hold a hearing on SAFE last Congress, yet largely avoided any of the fallout or blame for its failure. He will not be so lucky at the end of this term if SAFE fails again. Brown is up for reelection this cycle and will likely be sharing the ballot in Ohio with a voter initiative on marijuana legalization. He may also be facing an original SAFE co-sponsor, Rep. Warren Davidson (R-OH), so it’s going to come up. In its list of 10 Senate seats most likely to flip in 2024, CNN ranked Brown’s race #3.

2. Fetterman. If this needs an explanation, you likely failed to understand any of the above. The election of Sen. John Fetterman (D-PA), a vocal and unapologetic advocate for legalization, to replace retiring Sen. Pat Toomey (R-PA) is like winning a game in your own division. Fetterman’s recent appointment to the Senate Banking Committee is the icing on the cake. The only question is, will he want to do too much too fast. This was a serious upgrade for SAFE and a real contender for #1.

1. It’s Personal in the ‘Show Me’ State. “All I could do was hold him,” recounted a bereft then-Missouri State Sen. Eric Schmitt  (R) during an emotional closing statement in support of his bill to allow parents to access CBD oil for their children (like his) with epilepsy in 2014. Imploring his colleagues to “make a difference,” he quoted Gandhi saying, “In a gentle way you can shake the world.” The seeds of prohibition were sown by one leader and it will take one passionate leader to end it. Now elected to the U.S. Senate, Schmitt has the capacity to be that leader and shake the world. SAFE Banking and ending the drug war are the natural extensions of where Schmitt’s journey began, two decades ago, just holding his son. Neither may have known it then, and neither may know it now, but this could be their legacy.

Imploring his colleagues to “make a difference,” quoting Gandhi, “In a gentle way you can shake the world.”
The seeds of prohibition were sown by one leader and it will take one passionate leader to end it. @Eric_Schmitt has the capacity to be that leader and shake the world.

— Don Murphy, MLC, Director of Government Relations (@donmurphy12a) February 17, 2023

We have along way to go, but we’ve been dealt a better hand than most causal observers know. If SAFE Banking or any other cannabis reform measures become law this session, the above will be just ten of the many reasons why. When Congress bucks conventional wisdom and shakes the cannabis world, you shouldn’t be surprised.

You can take it to the bank.

Named a top federal cannabis lobbyist by Politico, Don Murphy served in the Maryland House of Delegates from 1995 to 2003 and is a four-time RNC Convention Delegate. He is the original lead sponsor of the Darrell Putman Compassionate Use Act, the first Republican-led medical marijuana bill to become law. Murphy founded Republicans for Compassionate Access in 2002. From 2014-21 Murphy was the federal lobbyist for the Marijuana Policy Project and is currently the director of government relations for the Marijuana Leadership Campaign.



Source link

Banking Bullish OpEd Reasons Safe Ten
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWorse Than Fentanyl? New Opioid Isotonitazene Deepens Opioid Issue
Next Article Colombia Touts Major Increase in Cannabis Exports
admin
  • Website

Related Posts

A Guide to Safe and Premium Sourcing

June 24, 2026

Ten Black Heroes Behind Cannabis Legalization

February 27, 2026

OpEd: Dear California, This Isn’t Legalization

October 17, 2025

Comments are closed.

Our Picks

Can You Take CBD Oil Every Day? Exploring Daily Use Benefits and Considerations

August 2, 2026

Mike Jones Interview: Cannabis, Health and Staying Motivated

August 1, 2026

CBD for Focus and Concentration: Mental Clarity Guide

August 1, 2026

Ziggy Marley Interview: Brightside, Cannabis and Bob Marley

July 31, 2026
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Education

Can You Take CBD Oil Every Day? Exploring Daily Use Benefits and Considerations

By adminAugust 2, 20260

What if taking CBD oil every day was one of the simplest, most consistent steps…

Mike Jones Interview: Cannabis, Health and Staying Motivated

August 1, 2026

CBD for Focus and Concentration: Mental Clarity Guide

August 1, 2026

Ziggy Marley Interview: Brightside, Cannabis and Bob Marley

July 31, 2026

Subscribe to Updates

Get the latest creative news from Smoke Unlimited about Weed & CBD vaping.

From Our Partners
About Us
About Us

Get all the current news stories, latest trends and legislation regarding cannabidiol, products, usages and its benefits. So don’t miss out any buzz and stay tuned! We offer a minute to minute updates regarding Marijuana industry.

Facebook X (Twitter) Instagram Pinterest
Our Picks

Can You Take CBD Oil Every Day? Exploring Daily Use Benefits and Considerations

August 2, 2026

Mike Jones Interview: Cannabis, Health and Staying Motivated

August 1, 2026

CBD for Focus and Concentration: Mental Clarity Guide

August 1, 2026
Sponsors
Copyright © 2026. SmokeProfessional
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.