Cannabis News

Cannabis News: America COMPETES Act Passed The House Last Friday

​​The House of Representatives on Friday passed the America COMPETES Act, which included the SAFE Banking Act cannabis advocates have been working hard to secure.

This marks the sixth time that this legislation has passed and most recently was removed from the final draft of the National Defense Authorization Act.

It was revealed on Friday that Representative Ed Perlmutter, a Democrat from Colorado, has been in talks with Majority Leader Chuck Schumer’s office and Senator Cory Bookers’ and Nancy Pelosi’s, confirmed in a press briefing to Marijuana Moment, to pass this legislation.

Pelosi has stated that she will support and keep this legislation in the final bill, and there is bipartisan support for passing cannabis reform. Republicans like Rand Paul from Kentucky have criticized his Democratic colleagues for not having passed reform yet with control of both chambers and the White House.

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