Uber, Governor, Amazon, PayPal, and more: Marijuana lobbying for banking Rescheduling

January 24, 2024
1 min read

TL;DR

  • Lobbying reports from the 2023 fourth quarter indicate that a number of major corporations and other organizations have been pushing for marijuana reform legislation in the United States.
  • Notable entities involved in marijuana lobbying include Uber, Amazon, American Express, the American Bankers Association, and the American Bar Association.
  • Much of the lobbying is focused on the Secure and Fair Enforcement (SAFE) Banking Act, which would prevent federal regulators from penalizing financial institutions for serving state-legal cannabis businesses.
  • Other areas of focus include reforming federal law and policy governing cannabis research, financial transactions, and tax deductions.

Don't Miss