Senators Are Having Marijuana ‘Conversations’ With White House To Get Biden On Board With Legalization, Booker Says

Sen. Cory Booker (D-NJ) isn’t deterred by President Joe Biden’s opposition to marijuana legalization and says that he and his Senate colleagues will be talking to the White House now that they’ve released draft reform legislation.

The senator on Friday took another round of questions on Twitter about the Cannabis Administration and Opportunity Act (CAOA), which he introduced this month alongside Senate Majority Leader Chuck Schumer (D-NY) and Senate Finance Committee Chairman Ron Wyden (D-OR).

While many of the questions concerned Booker’s stance on marijuana banking issues—as they did when he solicited input earlier in the week—he responded to another post asking how he plans to get the president and vice president on board. That’s been a top question in the minds of advocates who worry that Biden’s opposition to broad reform means he might veto the bill even if Congress sent it to his desk.

Minutes after the senators unveiled the bill, White House Press Secretary Jen Psaki was asked at her own daily briefing about the administration’s position on the legislation and said “nothing has changed” with respect to Biden’s position.

But Booker in Friday tweeted that “now that a discussion draft of our legislation has been released we will start having conversations with the White House to get them behind our proposal.”

It’s another insight into the senators’ procedural thinking on how to get the legislation across the finish line.

Schumer last week discussed the strategy to pass it in the Senate, where Democrats hold a slim majority. He said the sponsors will be soliciting feedback on the legislation from colleagues and work to incorporate any requested “modifications” in order to advance the measure.

There have been some serious questions about whether the three senators will be able to muster the 60 votes needed to pass the legislation in their chamber. Even with a Democratic majority, there are some members of Schumer’s own party who’ve expressed concerns about the comprehensive reform.

It’s for that reason that some industry stakeholders are frustrated that Booker is ruling out moving the Secure and Fair Enforcement (SAFE) Banking Act first, as the bill to protect banks that service state-legal cannabis businesses is bipartisan and arguably stands a much better chance of passage in the Senate.

Asked about the issue again on Friday, Booker said Congress “cannot enact marijuana reform without real restorative justice for those most harmed by the drug war.”

Sen. Cory Booker (D-NJ) isn’t deterred by President Joe Biden’s opposition to marijuana legalization and says that he and his Senate colleagues will be talking to the White House now that they’ve released draft reform legislation.

The senator on Friday took another round of questions on Twitter about the Cannabis Administration and Opportunity Act (CAOA), which he introduced this month alongside Senate Majority Leader Chuck Schumer (D-NY) and Senate Finance Committee Chairman Ron Wyden (D-OR).

While many of the questions concerned Booker’s stance on marijuana banking issues—as they did when he solicited input earlier in the week—he responded to another post asking how he plans to get the president and vice president on board. That’s been a top question in the minds of advocates who worry that Biden’s opposition to broad reform means he might veto the bill even if Congress sent it to his desk.

Minutes after the senators unveiled the bill, White House Press Secretary Jen Psaki was asked at her own daily briefing about the administration’s position on the legislation and said “nothing has changed” with respect to Biden’s position.

But Booker in Friday tweeted that “now that a discussion draft of our legislation has been released we will start having conversations with the White House to get them behind our proposal.”

It’s another insight into the senators’ procedural thinking on how to get the legislation across the finish line.

Schumer last week discussed the strategy to pass it in the Senate, where Democrats hold a slim majority. He said the sponsors will be soliciting feedback on the legislation from colleagues and work to incorporate any requested “modifications” in order to advance the measure.

There have been some serious questions about whether the three senators will be able to muster the 60 votes needed to pass the legislation in their chamber. Even with a Democratic majority, there are some members of Schumer’s own party who’ve expressed concerns about the comprehensive reform.

It’s for that reason that some industry stakeholders are frustrated that Booker is ruling out moving the Secure and Fair Enforcement (SAFE) Banking Act first, as the bill to protect banks that service state-legal cannabis businesses is bipartisan and arguably stands a much better chance of passage in the Senate.

Asked about the issue again on Friday, Booker said Congress “cannot enact marijuana reform without real restorative justice for those most harmed by the drug war.”

“Red states and blue states are leading the way and legalizing marijuana,” he said. “It is time for the federal government to catch up.”

He also repeated his earlier point that ending federal cannabis prohibition through the CAOA would intrinsically resolve the banking and related issues.

“Our bill would deschedule marijuana, which solves the banking issue,” he said. “Additionally, our legislation would allow small marijuana producers with less than $20 million in sales annually to get a 50 percent reduction in their tax rate, via a tax credit.”

While the senator has maintained a firm position on legislative priorities for cannabis, his resistance to voting on the SAFE Banking Act first doesn’t mean that he’s opposed to the policy change. He clarified last week that he feels that holding off on advancing the banking reform could encourage his colleagues to support comprehensive legalization.

“This is not about headlines, this is about justice,” he wrote on Friday. “Now that our discussion

Sen. Cory Booker (D-NJ) isn’t deterred by President Joe Biden’s opposition to marijuana legalization and says that he and his Senate colleagues will be talking to the White House now that they’ve released draft reform legislation.

The senator on Friday took another round of questions on Twitter about the Cannabis Administration and Opportunity Act (CAOA), which he introduced this month alongside Senate Majority Leader Chuck Schumer (D-NY) and Senate Finance Committee Chairman Ron Wyden (D-OR).

While many of the questions concerned Booker’s stance on marijuana banking issues—as they did when he solicited input earlier in the week—he responded to another post asking how he plans to get the president and vice president on board. That’s been a top question in the minds of advocates who worry that Biden’s opposition to broad reform means he might veto the bill even if Congress sent it to his desk.

Minutes after the senators unveiled the bill, White House Press Secretary Jen Psaki was asked at her own daily briefing about the administration’s position on the legislation and said “nothing has changed” with respect to Biden’s position.

But Booker in Friday tweeted that “now that a discussion draft of our legislation has been released we will start having conversations with the White House to get them behind our proposal.”

It’s another insight into the senators’ procedural thinking on how to get the legislation across the finish line.

Schumer last week discussed the strategy to pass it in the Senate, where Democrats hold a slim majority. He said the sponsors will be soliciting feedback on the legislation from colleagues and work to incorporate any requested “modifications” in order to advance the measure.

There have been some serious questions about whether the three senators will be able to muster the 60 votes needed to pass the legislation in their chamber. Even with a Democratic majority, there are some members of Schumer’s own party who’ve expressed concerns about the comprehensive reform.

It’s for that reason that some industry stakeholders are frustrated that Booker is ruling out moving the Secure and Fair Enforcement (SAFE) Banking Act first, as the bill to protect banks that service state-legal cannabis businesses is bipartisan and arguably stands a much better chance of passage in the Senate.

Asked about the issue again on Friday, Booker said Congress “cannot enact marijuana reform without real restorative justice for those most harmed by the drug war.”

“Red states and blue states are leading the way and legalizing marijuana,” he said. “It is time for the federal government to catch up.”

He also repeated his earlier point that ending federal cannabis prohibition through the CAOA would intrinsically resolve the banking and related issues.

“Our bill would deschedule marijuana, which solves the banking issue,” he said. “Additionally, our legislation would allow small marijuana producers with less than $20 million in sales annually to get a 50 percent reduction in their tax rate, via a tax credit.”

While the senator has maintained a firm position on legislative priorities for cannabis, his resistance to voting on the SAFE Banking Act first doesn’t mean that he’s opposed to the policy change. He clarified last week that he feels that holding off on advancing the banking reform could encourage his colleagues to support comprehensive legalization.

“This is not about headlines, this is about justice,” he wrote on Friday. “Now that our discussion draft has been released we will work hard to build support for our bill and take feedback from stakeholders, industry, and advocates.”

The criminal justice implications of prohibition necessitate that the Senate pursue broad reform before passing something that largely benefits the industry, he said.

draft has been released we will work hard to build support for our bill and take feedback from stakeholders, industry, and advocates.”

He also noted increasing bipartisan support for legalization and expressed optimism that state actions in conservative and liberal states alike could translate into congressional action.

During the Twitter Q&A, Booker also answered specific questions about how the bill would address social equity and help communities most impacted by marijuana criminalization. For example, there would be a loan program under the federal Small Business Administration that would assist people who’ve been disproportionately impacted by prohibition.

Tax revenue from cannabis sales would also help fund efforts to ensure that the industry is diverse, he said.

Further, there are resentencing and expungement provisions built into the legislation.

Finally, the senator addressed a semantic issue that’s arisen as congressional lawmakers have described efforts to end prohibition. For example, Schumer has been known to sometimes call it “decriminalization” instead of “legalization,” and Booker clarified that because it would remove marijuana from the Controlled Substances Act (CSA), “our legislation would legalize marijuana at the federal level.”

Beyond the policies that Booker discussed on social media, the CAOA would maintain the authority of states to set their own marijuana policies and remove collateral consequences like immigration-related penalties for people who’ve been criminalized over the plant.

Under the senators’ legalization proposal, a gradual federal tax rate would be imposed on marijuana sales, starting at 10 percent for the first year after the bill’s enactment and the first, subsequent calendar year. It would then increase annually, rising from 15 percent to 20 percent to 25 percent. Starting in the fifth year post-enactment, the tax would be a “per-ounce or per-milligram of THC amount determined by the Secretary of the Treasury equal to 25 percent of the prevailing price of cannabis sold in the United States in the prior year.”

While that 25 percent tax rate might seem high, the legislation builds in significant federal credits for any company’s sales that are under $20 million a year.

The sponsors have made clear they are open to suggestions for how the draft proposal can be improved, and they are actively inviting public feedback. For example, they’re especially interested in hearing about measuring cannabis potency, coordinating federal and state law enforcement responsibilities and balancing efforts to reduce barriers to entry to the marijuana industry while mitigating the influence of illicit cannabis operators.

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