United States: 4/20 Marijuana Legislative Update
11 May 2021
Husch Blackwell LLP
To print this article, all you need is to be registered or login on Mondaq.com.
As the nation gets ready to celebrate the unofficial marijuana holiday, 4/20, we thought this was a great time to provide an update on the state of marijuana. 2021 has seen an increase in support for marijuana legalization at the state as well as federal level. Coming off a year of uncertainty with the COVID-19 pandemic, marijuana legalization is poised to make substantial progress. In many states, marijuana businesses were deemed essential businesses during the pandemic, highlighting the overall importance of these establishments.
In further support of marijuana legalization, last evening, the House of Representatives passed the SAFE (Secure and Fair Enforcement) Banking Act, by a bipartisan vote of 321-101. Ed Perlmutter (D-CO) again led the charge as a Sponsor, being joined by Steve Stivers (R-OH), Nydia Velazquez (D-NY), and Warren Davidson (R-OH), and 177 co-sponsors. The vote broke down with all 215 democrats voting “Yea” and 106 of the 207 republicans voting “Yea”. In 2019, the SAFE Banking Act was passed by the House but stalled in the Senate, having received one hearing but no vote. This year, advocates are hopeful a more friendly senate will allow Senate Banking Chair Sherrod Brown (D-OH) to take up the bill and bring it to the floor for a vote before the end of the year.
Other notable Marijuana Legislation
2021 seems to be a turning point for how states are legalizing marijuana. Historically, most states legalized marijuana through voter initiatives, including four states in November, Election Day, in 2021, we are seeing a