EXCLUSIVE: Former Congressman Ed Perlmutter Predicts 2024 Election Results And Their Impact On Cannabis Reform
“We’re heading into an election cycle where both major party tickets are in favor of legalization, as well as smaller reforms,” said David Mangone, vice president at The Liaison Group, during Tuesday’s Benzinga Cannabis Capital Conference in Chicago, Illinois, addressing a crowded room.
The panel, devoted to the issue of congressional roles in advancing cannabis reform, included former Rep. Ed Perlmutter, known as the father of SAFER Banking Act, and was moderated by Saphira Galoob, executive director of the National Cannabis Roundtable.
Mangone highlighted that plenty of progress had been made over the last year. “We have had a Congressional Budget Office score on the Banking Bill and the Government Accountability Office reaching out to stakeholders in the industry and service providers,” he said. More importantly, there have been “some pretty significant endorsements and language in favor of state banking from both presidential candidates.”
According to Mangone, there is bipartisan support for cannabis reform, including endorsements from both major presidential candidates, making it difficult for opponents to vote against the bill based on policy. He quoted one Republican senator who said that SAFE Banking “is just good governance.”
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