Bradley attorney Whitt Steineker was quoted in Law360 on cannabis policies to watch in 2020, including the Secure and Fair Enforcement (SAFE) Banking Act and the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. The SAFE Banking bill, which was overwhelmingly passed in the House in September, would create a carveout allowing banks to do business with marijuana companies in states where it has been legalized. The MORE Act would remove marijuana as a Schedule I drug under the Controlled Substances Act and includes a social equity component intended to repair the damage of war on drugs. It would use tax revenue from marijuana sales to fund a variety of restorative justice programs for those most adversely affected by pot’s criminalization.
Reform skeptics who supported the SAFE Banking Act on public safety grounds might "balk at the notion of decriminalization or expungement [of criminal records]," said Steineker. "They might worry that they're being viewed as soft on crime."
The complete article, “3 Cannabis Policies to Watch in 2020,” first appeared in Law360 on January 1, 2020 (login required).