Reported covered position: FL Commissioner of Agriculture Nikki Fried, March 2019-Oct. 2022; Charlie Crist, Jan. 2017-Feb.y 2019; Patrick E. Murphy, Jan. 2013-Dec.2016; Lois Frankel, Feb. 2015-Sept. 2015; Alcee L. Hastings, July 2010-Dec. 2013
How to read the money
Income and expense are whole-filing amounts associated with this lobbyist, not personal compensation or an allocated share.
No topic inference: each bill number appears in source LDA issue text assigned to this lobbyist.
No Deductions for Marijuana Businesses Act
Client: NATIONAL CANNABIS INDUSTRY ASSOCIATION · Firm: ERIN MOFFET
Opposed the No Deductions for Marijuana Businesses Act (S.471/H.R.1447) and discussed IRC Section 280E and retroactivity for the provision and the need for updated IRS guidance in light of cannabis rescheduling.
Discussed the need for comprehensive cannabis reform, clarity needed with rescheduling by the DOJ, and legislation to deschedule/reschedule cannabis and to give states the authority to set their own cannabis laws and policies, including the STATES 2.0 Act (H.R.2934).
Specific issues are shown only where the LDA source assigned them to this lobbyist. Targets apply to the associated filing.
NATIONAL CANNABIS INDUSTRY ASSOCIATION via ERIN MOFFET
2026 · second_quarter · Q2
Discussed the need for comprehensive cannabis reform, clarity needed with rescheduling by the DOJ, and legislation to deschedule/reschedule cannabis and to give states the authority to set their own cannabis laws and policies, including the STATES 2.0 Act (H.R.2934).
Discussed the need for legal cannabis businesses to have access to financial resources and policies to protect financial institutions and other business assistance providers who service state-regulated cannabis businesses, including support for the SAFE Banking Act (S.4942/H.R.9471) before and after its reintroduction in the 119th Congress and the CLIMB Act (H.R.7987). Also discussed the need for updated FinCEN guidance from Treasury with rescheduling.
Source: Senate LDA
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed the need for legal cannabis businesses to have access to financial resources and policies to protect financial institutions and other business assistance providers who service state-regulated cannabis businesses, including support for the SAFE Banking Act (S.4942/H.R.9471) before and after its reintroduction in the 119th Congress and the CLIMB Act (H.R.7987). Also discussed the need for updated FinCEN guidance from Treasury with rescheduling.
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed the need for legal cannabis businesses to have access to financial resources and policies to protect financial institutions and other business assistance providers who service state-regulated cannabis businesses, including support for the SAFE Banking Act (S.4942/H.R.9471) before and after its reintroduction in the 119th Congress and the CLIMB Act (H.R.7987). Also discussed the need for updated FinCEN guidance from Treasury with rescheduling.
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
A bill to amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.
Client: NATIONAL CANNABIS INDUSTRY ASSOCIATION · Firm: ERIN MOFFET
Opposed the No Deductions for Marijuana Businesses Act (S.471/H.R.1447) and discussed IRC Section 280E and retroactivity for the provision and the need for updated IRS guidance in light of cannabis rescheduling.
A bill to amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.
Client: NATIONAL CANNABIS INDUSTRY ASSOCIATION · Firm: ERIN MOFFET
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
A bill to amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.
Client: NATIONAL CANNABIS INDUSTRY ASSOCIATION · Firm: ERIN MOFFET
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
A bill to amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.
Client: NATIONAL CANNABIS INDUSTRY ASSOCIATION · Firm: ERIN MOFFET
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
A bill to amend the Internal Revenue Code of 1986 to maintain the prohibition on allowing any deduction or credit associated with a trade or business involved in trafficking marijuana.
Client: NATIONAL CANNABIS INDUSTRY ASSOCIATION · Firm: ERIN MOFFET
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed the need for legal cannabis businesses to have access to financial resources and policies to protect financial institutions and other business assistance providers who service state-regulated cannabis businesses, including support for the SAFE Banking Act (S.4942/H.R.9471) before and after its reintroduction in the 119th Congress and the CLIMB Act (H.R.7987). Also discussed the need for updated FinCEN guidance from Treasury with rescheduling.
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
To provide for a limitation on availability of funds for Department of Health and Human Services, National Institutes of Health John E. Fogarty International Center for fiscal year 2024.
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996 in the 117th). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy in the 118th Congress even with bill text yet to be introduced. NCR was also active on provisions relating to access to capital issues that were not part of the SAFE Banking Act in the 117th but are similar to policy in the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with House and Senate offices but no bill has been introduced in the 118th Congress.
To provide for a limitation on availability of funds for Department of Health and Human Services, National Institutes of Health John E. Fogarty International Center for fiscal year 2024.
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996 in the 117th). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy in the 118th Congress even with bill text yet to be introduced. NCR was also active on provisions relating to access to capital issues that were not part of the SAFE Banking Act in the 117th but are similar to policy in the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with House and Senate offices but no bill has been introduced in the 118th Congress.
PREPARE Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with cannabis' federal illegality, the National Cannabis Roundtable supports legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses. NCR also supported the reintroduction of the PREPARE Act (HR 2598), which directs federal agencies as to best practices and regulations upon federal legalization.
PREPARE Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with cannabis' federal illegality, the National Cannabis Roundtable supports legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses. NCR also supported the reintroduction of the PREPARE Act (HR 2598), which directs federal agencies as to best practices and regulations upon federal legalization.
PREPARE Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with cannabis' federal illegality, the National Cannabis Roundtable supports legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses. NCR also supported the reintroduction of the PREPARE Act (HR 2598), which directs federal agencies as to best practices and regulations upon federal legalization.
Small Business Tax Equity Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
Currently, IRC 280E[1] prevents any business trafficking in Schedule I or Schedule II controlled substances from taking any business deductions or credits - except for cost of goods sold.This means cannabis businesses doe not have access to tax deductions or tax credits that are routinely offered to other domestic industries. Instead, cannabis companies are often faced with an effective tax rate of 70% or more. NCR discussed policy provisions that would provide tax equity for state-regulated cannabis companies by amending Section 280E of the tax code, including H.R. 2643, the Small Business Tax Equity Act of 2023.
Small Business Tax Equity Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
Currently, IRC 280E[1] prevents any business trafficking in Schedule I or Schedule II controlled substances from taking any business deductions or credits - except for cost of goods sold.This means cannabis businesses doe not have access to tax deductions or tax credits that are routinely offered to other domestic industries. Instead, cannabis companies are often faced with an effective tax rate of 70% or more. NCR discussed policy provisions that would provide tax equity for state-regulated cannabis companies by amending Section 280E of the tax code, including H.R. 2643, the Small Business Tax Equity Act of 2023.
Small Business Tax Equity Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
Currently, IRC 280E[1] prevents any business trafficking in Schedule I or Schedule II controlled substances from taking any business deductions or credits - except for cost of goods sold.This means cannabis businesses doe not have access to tax deductions or tax credits that are routinely offered to other domestic industries. Instead, cannabis companies are often faced with an effective tax rate of 70% or more. NCR discussed policy provisions that would provide tax equity for state-regulated cannabis companies by amending Section 280E of the tax code, including H.R. 2643, the Small Business Tax Equity Act of 2023.
SAFE Banking Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR2891/S.1323). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy and the urgent need for broader access to financial resources for state-legal cannabis businesses to be addressed by this bill.
To amend title 10, United States Code, to expand the authority to provide a wig and treat traction alopecia under the TRICARE program, and for other purposes.
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
To amend title 10, United States Code, to expand the authority to provide a wig and treat traction alopecia under the TRICARE program, and for other purposes.
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
To amend title 10, United States Code, to expand the authority to provide a wig and treat traction alopecia under the TRICARE program, and for other purposes.
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
Pediatric Access to Critical Healthcare Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996 in the 117th). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy in the 118th Congress even with bill text yet to be introduced. NCR was also active on provisions relating to access to capital issues that were not part of the SAFE Banking Act in the 117th but are similar to policy in the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with House and Senate offices but no bill has been introduced in the 118th Congress.
Pediatric Access to Critical Healthcare Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996 in the 117th). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy in the 118th Congress even with bill text yet to be introduced. NCR was also active on provisions relating to access to capital issues that were not part of the SAFE Banking Act in the 117th but are similar to policy in the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with House and Senate offices but no bill has been introduced in the 118th Congress.
SAFE Banking Act of 2023
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR2891/S.1323). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy and the urgent need for broader access to financial resources for state-legal cannabis businesses to be addressed by this bill.
Harnessing Opportunities by Pursuing Expungement Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
Harnessing Opportunities by Pursuing Expungement Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
Harnessing Opportunities by Pursuing Expungement Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
CLIMB Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supports policy provisions that would provide a safe harbor for any financial institution or resource that services state-regulated cannabis businesses, to include access to the U.S. senior exchanges, which are currently accessible only to foreign cannabis companies but not domestic entities. This safe harbor language is similar to the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions including lenders, government programs, and capital markets. NCR discussed this policy with House and Senate offices but no bill has been introduced in the 118th Congress.
CLIMB Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supports policy provisions that would provide a safe harbor for any financial institution or resource that services state-regulated cannabis businesses, to include access to the U.S. senior exchanges, which are currently accessible only to foreign cannabis companies but not domestic entities. This safe harbor language is similar to the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions including lenders, government programs, and capital markets. NCR discussed this policy with House and Senate offices but no bill has been introduced in the 118th Congress.
CLIMB Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supports policy provisions that would provide a safe harbor for any financial institution or resource that services state-regulated cannabis businesses, to include access to the U.S. senior exchanges, which are currently accessible only to foreign cannabis companies but not domestic entities. This safe harbor language is similar to the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions including lenders, government programs, and capital markets. NCR discussed this policy with House and Senate offices but no bill has been introduced in the 118th Congress.
Marijuana Misdemeanor Expungement Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
Marijuana Misdemeanor Expungement Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
Marijuana Misdemeanor Expungement Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
SAFE Banking Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts around the end of year omnibus pertaining to the inclusion of the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996/S.910). NCR further discussed a SAFE "Plus" with House and Senate leadership, which included language relating to federal grants for state and local cannabis-related expungement programs, as it pertained to potential inclusion in the end of year omnibus. Ultimately, no such provisions were included.
SAFE Banking Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996/S.910). Currently, cannabis related businesses do not have access to financial institutions as other domestic industries. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit, and other standard business banking services. Support of SAFE Banking included its inclusion in the National Defense Authorization Act and the end of year omnibus. NCR also was active on the CLIMB Act (H.R. 8200), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with Senate offices but no Senate companion bill was introduced in the 117th Congress. NCR further discussed a SAFE "Plus" with House and Senate leadership, which included language relating to federal grants for state and local cannabis-related expungement programs.
SAFE Banking Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with the federal illegality of cannabis, NCR supported legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses.HR 1996, HR 3884 and HR 3105 are the three primary pieces of legislation which NCR has supported to achieve these goals in the 117th Congress. NCR also discussed the potential of the HOPE Act being included in the end-of-year omnibus, which did not ultimately happen. NCR also noted the introduction of the PREPARE Act in the Senate (S.5166) and supported the Medical Marijuana and Cannabidiol Research Act(signed into law)(HR 8454) and the Medical Marijuana Research Act (HR 5657).
Common Sense Cannabis Reform for Veterans, Small Businesses, and Medical Professionals Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with the federal illegality of cannabis, NCR supported legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses.HR 1996, HR 3884 and HR 3105 are the three primary pieces of legislation which NCR has supported to achieve these goals in the 117th Congress. NCR also discussed the potential of the HOPE Act being included in the end-of-year omnibus, which did not ultimately happen. NCR also noted the introduction of the PREPARE Act in the Senate (S.5166) and supported the Medical Marijuana and Cannabidiol Research Act(signed into law)(HR 8454) and the Medical Marijuana Research Act (HR 5657).
Philippine Human Rights Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with the federal illegality of cannabis, NCR supported legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses.HR 1996, HR 3884 and HR 3105 are the three primary pieces of legislation which NCR has supported to achieve these goals in the 117th Congress. NCR also discussed the potential of the HOPE Act being included in the end-of-year omnibus, which did not ultimately happen. NCR also noted the introduction of the PREPARE Act in the Senate (S.5166) and supported the Medical Marijuana and Cannabidiol Research Act(signed into law)(HR 8454) and the Medical Marijuana Research Act (HR 5657).
Medical Marijuana Research Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with the federal illegality of cannabis, NCR supported legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses.HR 1996, HR 3884 and HR 3105 are the three primary pieces of legislation which NCR has supported to achieve these goals in the 117th Congress. NCR also discussed the potential of the HOPE Act being included in the end-of-year omnibus, which did not ultimately happen. NCR also noted the introduction of the PREPARE Act in the Senate (S.5166) and supported the Medical Marijuana and Cannabidiol Research Act(signed into law)(HR 8454) and the Medical Marijuana Research Act (HR 5657).
Harnessing Opportunities by Pursuing Expungement Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
Supported efforts to include a SAFE "Plus" package in the end of year omnibus to include provisions from the HOPE Act (H.R. 6129), which would provide federal grants to assist state and local expungement programs for individuals with low-level cannabis offenses.
CLIMB Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996/S.910). Currently, cannabis related businesses do not have access to financial institutions as other domestic industries. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit, and other standard business banking services. Support of SAFE Banking included its inclusion in the National Defense Authorization Act and the end of year omnibus. NCR also was active on the CLIMB Act (H.R. 8200), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with Senate offices but no Senate companion bill was introduced in the 117th Congress. NCR further discussed a SAFE "Plus" with House and Senate leadership, which included language relating to federal grants for state and local cannabis-related expungement programs.
Medical Marijuana and Cannabidiol Research Expansion Act
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with the federal illegality of cannabis, NCR supported legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses.HR 1996, HR 3884 and HR 3105 are the three primary pieces of legislation which NCR has supported to achieve these goals in the 117th Congress. NCR also discussed the potential of the HOPE Act being included in the end-of-year omnibus, which did not ultimately happen. NCR also noted the introduction of the PREPARE Act in the Senate (S.5166) and supported the Medical Marijuana and Cannabidiol Research Act(signed into law)(HR 8454) and the Medical Marijuana Research Act (HR 5657).
PREPARE Act of 2022
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
As the federal government considers how to reconcile state legal cannabis programs with the federal illegality of cannabis, NCR supported legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses.HR 1996, HR 3884 and HR 3105 are the three primary pieces of legislation which NCR has supported to achieve these goals in the 117th Congress. NCR also discussed the potential of the HOPE Act being included in the end-of-year omnibus, which did not ultimately happen. NCR also noted the introduction of the PREPARE Act in the Senate (S.5166) and supported the Medical Marijuana and Cannabidiol Research Act(signed into law)(HR 8454) and the Medical Marijuana Research Act (HR 5657).
SAFE Banking Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996/S.910). Currently, cannabis related businesses do not have access to financial institutions as other domestic industries. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit, and other standard business banking services. Support of SAFE Banking included its inclusion in the National Defense Authorization Act and the end of year omnibus. NCR also was active on the CLIMB Act (H.R. 8200), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with Senate offices but no Senate companion bill was introduced in the 117th Congress. NCR further discussed a SAFE "Plus" with House and Senate leadership, which included language relating to federal grants for state and local cannabis-related expungement programs.
SAFE Banking Act of 2021
Client: THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE · Firm: MS. ERIN MOFFET
NCR supported efforts around the end of year omnibus pertaining to the inclusion of the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996/S.910). NCR further discussed a SAFE "Plus" with House and Senate leadership, which included language relating to federal grants for state and local cannabis-related expungement programs, as it pertained to potential inclusion in the end of year omnibus. Ultimately, no such provisions were included.
Opposed the No Deductions for Marijuana Businesses Act (S.471/H.R.1447) and discussed IRC Section 280E and retroactivity for the provision and the need for updated IRS guidance in light of cannabis rescheduling.
Discussed potential cannabis-related appropriations provisions, including those specific to medical cannabis, adult-use cannabis, rescheduling, and IRC Section 280E.
Filing targets: HOUSE OF REPRESENTATIVES, SENATE
NATIONAL CANNABIS INDUSTRY ASSOCIATION via ERIN MOFFET
2026 · first_quarter · RR
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
Discussed incremental and comprehensive federal cannabis reforms, including the ongoing rescheduling of marijuana, recognizing state cannabis policies and programs, allowing financial institutions and other business assistance providers to service regulated cannabis businesses; Supporting the SAFE Banking Act (S.4942/H.R.9471), the CLIMB Act (H.R.7987), and the STATES 2.0 Act (H.R.2934); Opposing the No Deductions for Marijuana Businesses Act (S.471/S.471).
THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE via MS. ERIN MOFFET
2023 · second_quarter · Q2
Currently, IRC 280E[1] prevents any business trafficking in Schedule I or Schedule II controlled substances from taking any business deductions or credits - except for cost of goods sold.This means cannabis businesses doe not have access to tax deductions or tax credits that are routinely offered to other domestic industries. Instead, cannabis companies are often faced with an effective tax rate of 70% or more. NCR discussed policy provisions that would provide tax equity for state-regulated cannabis companies by amending Section 280E of the tax code, including H.R. 2643, the Small Business Tax Equity Act of 2023.
NCR supports policy provisions that would provide a safe harbor for any financial institution or resource that services state-regulated cannabis businesses, to include access to the U.S. senior exchanges, which are currently accessible only to foreign cannabis companies but not domestic entities. This safe harbor language is similar to the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions including lenders, government programs, and capital markets. NCR discussed this policy with House and Senate offices but no bill has been introduced in the 118th Congress.
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR2891/S.1323). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy and the urgent need for broader access to financial resources for state-legal cannabis businesses to be addressed by this bill.
As the federal government considers how to reconcile state legal cannabis programs with cannabis' federal illegality, the National Cannabis Roundtable supports legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses. NCR also supported the reintroduction of the PREPARE Act (HR 2598), which directs federal agencies as to best practices and regulations upon federal legalization.
Educating members of Congress on the importance of well-tested and well-regulated cannabis products.
NCR supports the expansion of protections for the cannabis industry through the appropriations process, namely the expansion of medical protections to include adult use, tribal sovereignty, increased veterans access, and protecting emerging research as well as the inclusion of SAFE Banking and Fairness in Federal Employee Drug Testing language in appropriations amendments. NCR also supports the removal of the Harris Rider which prevents the District of Columbia from legalizing commercial cannabis sales.
Filing targets: Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, SENATE
THE LIAISON GROUP ON BEHALF OF CANNACRAFT via MS. ERIN MOFFET
2023 · second_quarter · Q2
Supporting a common-sense framework for cannabinoid regulations to be considered as part of the FARM Bill (no current bill number) and the current definition of hemp from the 2018 FARM Bill and/or yet-to-be introduced legislation to create a cannabinoid regulatory framework per the request of the FDA to protect consumer safety and an agricultural market for naturally-derived hemp products.
Supporting a common-sense framework for cannabinoid regulations to be considered as part of the FARM Bill (no current bill number) and the current definition of hemp from the 2018 FARM Bill and/or yet-to-be introduced legislation to create a cannabinoid regulatory framework per the request of the FDA to protect consumer safety and an agricultural market for naturally derived hemp products.
Filing targets: HOUSE OF REPRESENTATIVES, SENATE
THE LIAISON GROUP ON BEHALF OF CANNACRAFT via MS. ERIN MOFFET
2023 · second_quarter · RR
Cannabinoid regulations to be considered both within the FARM Bill/Ag Committees and HELP/Energy and Commerce FDA jurisdiction.
Cannabinoid regulations to be considered both within the FARM Bill/Ag Committees and HELP/Energy and Commerce FDA jurisdiction.
THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE via MS. ERIN MOFFET
2023 · first_quarter · Q1
Currently, IRC 280E[1] prevents any business trafficking in Schedule I or Schedule II controlled substances from taking any business deductions or credits - except for cost of goods sold.This means cannabis businesses doe not have access to tax deductions or tax credits that are routinely offered to other domestic industries. Instead, cannabis companies are often faced with an effective tax rate of 70% or more. NCR discussed policy provisions that would provide tax equity for state-regulated cannabis companies by amending Section 280E of the tax code, including H.R. 2643, the Small Business Tax Equity Act of 2023.
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
As the federal government considers how to reconcile state legal cannabis programs with cannabis' federal illegality, the National Cannabis Roundtable supports legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses. NCR also supported the reintroduction of the PREPARE Act (HR 2598), which directs federal agencies as to best practices and regulations upon federal legalization.
THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE via MS. ERIN MOFFET
2023 · first_quarter · Q1
Currently, IRC 280E[1] prevents any business trafficking in Schedule I or Schedule II controlled substances from taking any business deductions or credits - except for cost of goods sold.This means cannabis businesses doe not have access to tax deductions or tax credits that are routinely offered to other domestic industries. Instead, cannabis companies are often faced with an effective tax rate of 70% or more. NCR discussed policy provisions that would provide tax equity for state-regulated cannabis companies by amending Section 280E of the tax code, including H.R. 2643, the Small Business Tax Equity Act of 2023.
NCR supported efforts to reform criminal justice policy and the different treatment on the federal and state level of individuals incarcerated for cannabis offenses including the following bills from the 117th Congress: the HOPE Act (H.R. 6129), the MORE Act (H.R. 3617) and the Marijuana Misdemeanor Expungement Bill (H.R. 8557). NCR also supports the ongoing scheduling review process being undertaken by the Administration and efforts that have the end goal of legalization.
THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE via MS. ERIN MOFFET
2023 · first_quarter · RR
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE via MS. ERIN MOFFET
2022 · fourth_quarter · Q4
NCR supported the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996/S.910). Currently, cannabis related businesses do not have access to financial institutions as other domestic industries. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit, and other standard business banking services. Support of SAFE Banking included its inclusion in the National Defense Authorization Act and the end of year omnibus. NCR also was active on the CLIMB Act (H.R. 8200), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with Senate offices but no Senate companion bill was introduced in the 117th Congress. NCR further discussed a SAFE "Plus" with House and Senate leadership, which included language relating to federal grants for state and local cannabis-related expungement programs.
NCR supported efforts around the end of year omnibus pertaining to the inclusion of the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996/S.910). NCR further discussed a SAFE "Plus" with House and Senate leadership, which included language relating to federal grants for state and local cannabis-related expungement programs, as it pertained to potential inclusion in the end of year omnibus. Ultimately, no such provisions were included.
THE LIAISON GROUP ON BEHALF OF THE NATIONAL CANNABIS ROUNDTABLE via MS. ERIN MOFFET
2022 · fourth_quarter · RA
Federal cannabis reform policies to include incremental and comprehensive legislative approaches.
Federal cannabis reform policies to include incremental and comprehensive legislative approaches.
Federal cannabis reform policies to include incremental and comprehensive legislative approaches.
NCR supports policy provisions that would provide a safe harbor for any financial institution or resource that services state-regulated cannabis businesses, to include access to the U.S. senior exchanges, which are currently accessible only to foreign cannabis companies but not domestic entities. This safe harbor language is similar to the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions including lenders, government programs, and capital markets. NCR discussed this policy with House and Senate offices but no bill has been introduced in the 118th Congress.
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996 in the 117th). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy in the 118th Congress even with bill text yet to be introduced. NCR was also active on provisions relating to access to capital issues that were not part of the SAFE Banking Act in the 117th but are similar to policy in the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with House and Senate offices but no bill has been introduced in the 118th Congress.
NCR supports the expansion of protections for the cannabis industry through the appropriations process, namely the expansion of medical protections to include adult use, tribal sovereignty, increased veterans access, and protecting emerging research as well as the inclusion of SAFE Banking and Fairness in Federal Employee Drug Testing language in appropriations amendments. NCR also supports the removal of the Harris Rider which prevents the District of Columbia from legalizing commercial cannabis sales.
Educating members of Congress on the importance of well-tested and well-regulated cannabis products.
Filing targets: Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, SENATE
NCR supports the expansion of protections for the cannabis industry through the appropriations process, namely the expansion of medical protections to include adult use, tribal sovereignty, increased veterans access, and protecting emerging research as well as the inclusion of SAFE Banking and Fairness in Federal Employee Drug Testing language in appropriations amendments. NCR also supports the removal of the Harris Rider which prevents the District of Columbia from legalizing commercial cannabis sales.
The National Cannabis Roundtable supports the Secure and Fair Enforcement (SAFE) Banking Act (HR 1996 in the 117th). Cannabis businesses do not enjoy access to the same banking services enjoyed by every other legally operating business in the United States. The SAFE Banking Act would create a safe harbor for banks to service cannabis industry clients thus enabling cannabis businesses access to checking accounts, lines of credit and other standard business banking services. NCR's support of SAFE Banking included discussions regarding this policy in the 118th Congress even with bill text yet to be introduced. NCR was also active on provisions relating to access to capital issues that were not part of the SAFE Banking Act in the 117th but are similar to policy in the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions, government programs, and capital markets. NCR discussed this concept with House and Senate offices but no bill has been introduced in the 118th Congress.
As the federal government considers how to reconcile state legal cannabis programs with cannabis' federal illegality, the National Cannabis Roundtable supports legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses. NCR also supported the reintroduction of the PREPARE Act (HR 2598), which directs federal agencies as to best practices and regulations upon federal legalization.
Educating members of Congress on the importance of well-tested and well-regulated cannabis products.
NCR supports policy provisions that would provide a safe harbor for any financial institution or resource that services state-regulated cannabis businesses, to include access to the U.S. senior exchanges, which are currently accessible only to foreign cannabis companies but not domestic entities. This safe harbor language is similar to the CLIMB Act (H.R. 8200 in the 117th), a bill that provides safe harbors for financial institutions including lenders, government programs, and capital markets. NCR discussed this policy with House and Senate offices but no bill has been introduced in the 118th Congress.
Filing targets: Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, SENATE
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Creating a fair and equitable business environment for the state-legal cannabis industry through banking, access to capital, fair taxation, criminal justice reform, consumer safety issues.
Supported efforts to include a SAFE "Plus" package in the end of year omnibus to include provisions from the HOPE Act (H.R. 6129), which would provide federal grants to assist state and local expungement programs for individuals with low-level cannabis offenses.
As the federal government considers how to reconcile state legal cannabis programs with the federal illegality of cannabis, NCR supported legislation and regulatory paradigms that decriminalize cannabis, remediate the harm of the failed War on Drugs, ensure the highest standards of consumer safety, respect existing cannabis supply chains and provide equitable financial treatment for cannabis businesses.HR 1996, HR 3884 and HR 3105 are the three primary pieces of legislation which NCR has supported to achieve these goals in the 117th Congress. NCR also discussed the potential of the HOPE Act being included in the end-of-year omnibus, which did not ultimately happen. NCR also noted the introduction of the PREPARE Act in the Senate (S.5166) and supported the Medical Marijuana and Cannabidiol Research Act(signed into law)(HR 8454) and the Medical Marijuana Research Act (HR 5657).
Following the Administration's announcement regarding a review of the current Schedule I status of marijuana, NCR discussed the appropriateness of scheduling cannabis and its derivatives under the Controlled Substances Act, including the impacts of moving cannabis to a lower schedule (Schedules II-V), or removing from the list of controlled substances entirely, with staff in the House, Senate, and FDA. NCR expects to continue to weigh in on this policy consideration as it relates to medical utility and consumer safety as the Administration continues its review process. Discussions with House, Senate, and FDA staff also focused on education on the importance of well-tested and well-regulated cannabis products.
Filing targets: Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, SENATE
Federal cannabis reform policies to include incremental and comprehensive legislative approaches.
Federal cannabis reform policies to include incremental and comprehensive legislative approaches.
Federal cannabis reform policies to include incremental and comprehensive legislative approaches.
Federal cannabis reform policies to include incremental and comprehensive legislative approaches.