Many will believe that Schumer speaking inside (!) the Capitol Building about weed shows progress. It’s a con. He is working against the industry and his duplicity needs to be exposed by the media. Journalism not stenography. #SAFEBanking #cannabis #420day #cannabisindustry
#safebanking #cannabis #420day #cannabisindustry
Cannabis
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RT @donmurphy12a
Insider Insight: Of the returning 23 @HouseGOPs
on the 118th Financial Services Committee, 15 voted YEA on #SAFEBanking, 8 voted NAY. Five were co-sponsors including Majority Whip @tomemmer. This bodes well for the future of SAFE. @SpeakerMcCarthy (YEA on SAFE) did us a solid.
https://twitter.com/donmurphy12a/status/1619067048038117376
The risk is that given the higher interest rates, and no #SAFEBanking to make financing easier - the next time they'll raise debt it will be prohibitively expensive.
So, it's a time bomb - either regulation relaxes before the next debt cycle for them, or they destroy value.
Perspective from longtime GOP marijuana lobbyist
RT @donmurphy12a@twitter.com
Thanks to the take-it-or-leave-it advocacy of progressives and congressional Democrats, Weed Got Nothin'. 2 years of controlling the Congress (4 in the House) squandered for the benefit of tweets and 'historic' messaging bills. Epic FAIL. #SAFEBanking
https://www.marijuanamoment.net/democrats-focus-on-social-justice-marijuana-bills-has-blocked-achievable-progress-on-reform-op-ed/
🐦🔗: https://twitter.com/donmurphy12a/status/1598779166836420608