Former Congressman Battles Legislative Barriers For Crucial Cannabis Banking Legislation
After retiring from Congress, Ed Perlmutter quickly transitioned to a new role in the private sector, emphasizing his commitment to cannabis reform.
As a policy advisor for the National Cannabis Roundtable (NCR) and a partner at Holland & Knight, Perlmutter is focusing on advancing the Secure and Fair Enforcement (SAFER) Banking Act and advocating for federal marijuana scheduling reform. His move to the private sector reflects a strategic continuation of his decade-long effort to champion marijuana banking reforms.
Journey Of The SAFER Banking Act
Perlmutter’s dedication to the SAFER Banking Act, initially introduced in 2013, has been a hallmark of his legislative efforts. Despite the bill passing the House seven times, it has faced challenges in becoming law. Perlmutter’s optimism remains intact, fueled by the belief that there is sufficient support to push the legislation forward despite the current complexities of Congressional operations.
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