Big Marijuana has already taken over Colorado and other states, and now the pot lobby has descended on D.C. in full force.
Their goal is to take that first step toward the federal legalization of marijuana. That first step is the so-called SAFE Banking Act.
Innocuous as it sounds, the SAFE Banking Act would financially legitimize the marijuana industry without regard to the proven public health risks of marijuana use – through vaping in particular. The Centers for Disease Control (CDC) recently issued a warning against e-cigarettes containing THC, the active ingredient in marijuana. This warning came as the death toll from vaping-caused lung disease reached 15 – with more than 800 Americans having confirmed cases of the illness, 70 percent of which are related to vaping THC.
In other words, the “un-SAFE Banking Act” is a backdoor green light to the marijuana industry with a front-door cash infusion to an already bloated (and largely illegal) industry.
Now is NOT the time to prop up a dangerous industry through massive financial investment. And it’s NEVER the time to grant government-approved money laundering. (Despite some state laws, marijuana is still illegal under federal law!)
This legislation is the antithesis of “SAFE.” That’s why your action is needed to ensure the so-called SAFE Banking Act is defeated in the Senate!
Just like Big Marijuana’s older brother, Big Tobacco, the marijuana industry puts profits over people. The industry shows its true colors by pushing forward the un-SAFE Banking Act in the middle of the vaping crisis that both the CDC and FDA warned about—allowing billions in investment to flow to the same illegal marijuana companies creating the marijuana vapes that are causing the crisis in the first place.
Senate Majority Leader Mitch McConnell has the power to stop this bill – or to let it move forward – and your own two senators need to hear from you also. Please urge your state’s two senators to respectfully request that they actively oppose the SAFE Banking Act (S. 1200). You can send the message in just a few moments on our Action Center.
Thank you for helping Senators understand the importance of this issue!
Autumn Leva, Esq.
Vice President for Strategy
P.S. If you want to see what Big Marijuana is really like in Colorado, Family Policy Alliance’s home state, check out our new video!
Late last month, the Pelosi-led U.S. House of Representatives passed the SAFE Banking Act (H.R. 1595) by a 2-to-1 margin. The bill now heads to the Senate for consideration. Specifically, it will be sent to the Senate Committee on Banking, Housing, and Urban Affairs – the committee on which our Senator Kevin Cramer sits.
Innocuous as it sounds, the SAFE Banking Act would financially legitimize the marijuana industry at the federal level. It would allow banking, real estate, and other businesses to receive federal legal protections even though they accept money from marijuana growers and distributors. This is legal protection for engaging with businesses that are in violation of Federal and North Dakota state laws where recreational marijuana is illegal.
Fundamentally, this comes down to whether we as a state want to help facilitate financial transactions for business that produces something which is a verified health risk. In fact, the Centers for Disease Control (CDC) recently issued a warning against e-cigarettes containing THC, the active ingredient in marijuana. This is in addition to documented cases of traffic fatalities and other disastrous impacts of marijuana usage.
Now is NOT the time to prop up a dangerous industry through massive financial investment. This legislation is the antithesis of “SAFE.” That’s why your action is needed to ensure the so-called SAFE Banking Act is defeated in the Senate.
Please call and email Senator Cramer and respectfully request he withdraw his support from and vote against the SAFE Banking Act, S. 1200. You can send the message in just a few moments on our Action Center. Our Senators are also on break until October 15th, so if you happen to see them somewhere in the state such as a town hall meeting, please let them know you oppose the SAFE Banking Act.
Thanks for Speaking Up!
President and Executive Director