The Democratic-controlled United States House of Representatives voted Wednesday to advance legislation that would allow banks to do business with marijuana businesses in states that have “legalized” marijuana despite marijuana being federally illegal. The Secure and Fair Enforcement Banking Act known as the SAFE Banking Act would allow cannabis businesses to access financial services now unavailable to them because marijuana is federally illegal and shelter financial institutions from prosecution for doing business with marijuana businesses . The legislation faces a tough path in the Republican-controlled Senate.
A November 23, 2018 editorial in the Asbury Park Press makes strong points for the legislature to hold off on advancing a marijuana bill until legitimate concerns that have been raised about legalization have been answered. By now a bill has already passed legislative committee but it’s not too late to ensure that legislators take a close look at unanswered questions. While I continue to oppose a legalized marijuana bill in New Jersey I believe the legislature will pass some form of legislation and want to ensure that the legislature does it’s due diligence. Why rush a bill to meet a self-imposed timeline?
If you didn’t already know from reading this blog I am a Conservative. I am against Socialism and support Capitalism. I support conservative values, less regulation and government interference in our lives and a conservative approach to fiscal matters. I believe that we are a nation of laws and the government is obligated to enforce those laws. I believe that we should take care of children, the elderly and those with physical or mental impairments but able bodied adults should support themselves and their own families (I am a strong proponent of welfare to work programs vs. lifetime welfare). I believe in a legal path to citizenship and vetting of those who want to come to the U.S. I am a strong proponent of the First Amendment and our right to free speech. I am a strong proponent of the Second Amendment and our right to bear arms. I believe America is the greatest country on earth and the land of opportunity (one only has to know my personal story to know why I believe America is the land of opportunity). I am thankful to be an American. It’s no secret that I support President Trump and support mostly Republican candidates in the mid-term elections (I don’t vote down party lines I vote for the best candidates. There are some Republicans I do not support. That is no secret either). Continue reading “President Trump indicates he may support Congress easing the U.S. ban on marijuana.”
Back in August New Jersey State Senate President Steve Sweeney told POLITICO in an interview that he believed a “legalized” marijuana bill would pass by the end of September. At the time Sweeney told POLITICO that he was confident Democrats would secure the needed votes to pass a “legalized” marijuana bill. Sweeney apparently is so confident that a “legalized” marijuana bill will pass in New Jersey he said “Don’t be surprised when people who say they were against it vote for it” predicting some Republican support. Apparently we’ll find out shortly as several news outlets reported today that the legislature plans to vote on the measure to “legalize” marijuana on October 29th. Continue reading “A “legalized” marijuana bill is up for a vote in the NJ legislature on October 29, 2018″