Bill to recognize states’ rights on marijuana gets Trump support
Photo: Sen. Elizabeth Warren, D-Mass., and Sen. Cory Gardner, R-Colo., hold a press conference to discuss bipartisan action they are taking. Alaska U.S. Sens. Lisa Murkowski and Dan Sullivan have signed on to the measure, which also has the support of President Donald Trump. (Photo/Sarah Silbiger/CQ Roll Call)
Sens. Lisa Murkowski and Dan Sullivan joined a bipartisan group of lawmakers in Congress June 8 to support legislation that ensures states the right to regulate marijuana and allow banking services for the industry.
Murkowski said the new legislation “brings the policy swing to an end, by saying unequivocally that the states have supremacy when it comes to marijuana regulation.”
President Donald Trump told a group of news reporters in Washington, D.C., the same day as the STATES Act was introduced that he will likely support it.
One of the biggest problems facing cannabis business owners is the cash-only nature of transactions. Even to pay their state license renewals, they are taking cash to the bank and purchasing money orders that then are sent into the Alcohol and Marijuana Control Office, said Jana Weltzin, an attorney specializing in Alaska cannabis regulations. She analyzed the STATES Act to see how it might impact her clients.