Groups that dont disclose their donors and take up to 250 million into the scheme, according to the washington post. Weird enough that people feel the need to run tv ads for judicial nominees, but when theyre taking a check for 17 million, two checks for 17 million if an anonymous donors or maybe two anonymous donors, yeah, if you think thats weird its because it is. That shoofnts happen that shouldnt happen anywhere around a court. And if theres one thing that we are entitled to there have been a lot of highminded speeches about the judiciary and its independence and all of that. The most important standard that a court must meet is that it is not a pantomime court. A pantomime court in which the rituals of adjudication get acted out. People come to the bench wearing their robes, hear the arguments, render decisions, read the briefs, buff at the end of the but at the end of the day, the decision is cooked by big special interest influence that insinuated its way into the court by cont
Witnesses. Today the committee will hear from witnesses about the challenges that state stanksed businesses in the cannabis owners have when attempting to under the controlled substance act, its considered a schedule one drug. Being categorized as a schedule one means that the possession, distribution or sale of marijuana or other marijuana derived products is illegal under federal law and any proceeds from cannabis related activities remain subject to antiMoney Laundering laws. In the last several years many states have used valid initiatives or referendums that have legalized marijuana in some form, whether for recreational or medical use. Currently there are 11 states plus the district of columbia where it is legal to buy and consume recreational and medical marijuana adds well. And there are 22 states plus d. C. That have approvedmedcal marijuana totaling 33 states in all that have some form of Legal Marijuana. Senators gardner and merkley have introduced Bipartisan Legislation tha
The committee will now come to order. Before we get started. We have to win this panels this morning. Senator brown and i will give our opening remarks first and then we will hear from Senators Gardner and merkley. Once the senators have finished their statements we will proceed with our second panel of witnesses. Today the committee will hear from witnesses about the challenges that state sanction businesses in the cannabis industry have one trying to access mainstream Financial Services. Under the controlled substance act, marijuana, or cannabis is currently considered a schedule one drug. Being categorized as a schedule one drug means that the possession, distribution, or sale of marijuana or other marijuana derive projects is illegal under federal law. Any protests proceeds from cannabis remain subject to anti Money Laundering laws such as the Money Laundering control act. In the last several years many have used legalized marijuana in some form. Whether legal or recreational. Use
The committee will now come to order. Before we get started. We have to win this panels this morning. Senator brown and i will give our opening remarks first and then we will hear from Senators Gardner and merkley. Once the senators have finished their statements we will proceed with our second panel of witnesses. Today the committee will hear from witnesses about the challenges that state sanction businesses in the cannabis industry have one trying to access mainstream Financial Services. Under the controlled substance act, marijuana, or cannabis is currently considered a schedule one drug. Being categorized as a schedule one drug means that the possession, distribution, or sale of marijuana or other marijuana derive projects is illegal under federal law. Any protests proceeds from cannabis remain subject to anti Money Laundering laws such as the Money Laundering control act. In the last several years many have used legalized marijuana in some form. Whether legal or recreational. Use
Marijuana derived products is illegal under federal law. Theyre subject to antiMoney Laundering laws such as the Money Laundering control act. The last several years many states used Ballot Initiatives or referendums that legalized marijuana in some form whether for recreational or medical use. Currently there are 11 states plus the district of colombia where it is legal to buy and consume Recreational Marijuana and medical marijuana as well. And there are 22 states plus d. C. That have approved medical marijuana totaling 33 states in all that have some form of Legal Marijuana. The senators introduced Bipartisan Legislation that attempts to ease difficulties resulting from the legal status and more lenient state laws. I spoke many times with senator gardiner on this bill and appreciate the hard work that each senator has done on this legislation. And i look forward to hearing from each of you very soon. Our second panel of witnesses will highlight challenges that institutions face in b