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Cannabis Client Alert - Weeks 4 19 2021 and 4 26 2021 | Dentons

In this week’s edition: House passes Secure and Fair Enforcement (SAFE) Banking Act to protect proceeds from state-legal cannabis businesses from operation of money laundering laws, but has an unclear path in the Senate Senate Majority Leader Schumer and Sens. Booker and Wyden expected to introduce comprehensive cannabis reform legislation over objections from some Democratic colleagues Adult-use cannabis now legal in 17 US states, including, most recently, in New York, New Mexico and Virginia Florida Supreme Court strikes down ballot initiative that would have allowed Floridians to vote to legalize cannabis for adult use Study finds 25 percent of Americans have consumed cannabis, up 56 percent since 2018

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