On Friday, more than 40 state lawmakers in Maine co-signed a memo authored by State Representative Diane Russell that was delivered to the Appropriations & Financial Affairs Committee. The memo encouraged the committee to keep all options on the table in their upcoming financial deliberations, including potential tax revenue derived from an adult, non-medical market for marijuana.
“All options should be on the table,” Rep. Russell stated in the memo, “In this spirit, we propose committee members give serious consideration to the revenue options associated with legalizing, taxing and regulating cannabis for responsible adult use.”
The memo was signed by prominent elected officials in the state including Majority Leader Troy Jackson (D-Allagash), House Majority Leader Seth Berry (D-Bowdoinham), Minority Whip Alex Willette (R-Mapleton), House Chair of Criminal Justice and Public Safety and former County Sheriff Rep. Mark Dion (D-Portland), and House Health and Human Services Committee Chairman Richard Farnsworth (D-Portland).
In 2013, the Maine House of Representatives fell just four votes short of approving a measure introduced by Rep. Russell which would have placed the issue of marijuana legalization before voters during the fall elections.
Last week, initial tax revenue estimates for the sales tax on recreational marijuana in Colorado were estimated to be just shy of 100 million dollars, far higher than the initial 70 million dollar estimate given to voters in 2012.
“Shenna Bellows has been at the forefront of the fight for marijuana legalization even before beginning this campaign,” stated NORML PAC Manager Erik Altieri, “During her tenure leading the Maine ACLU, Shenna has demonstrated she has the skill and determination to fight for sensible reforms and has proven to be a vocal and articulate leader in calling for the end of marijuana prohibition. We believe she will be invaluable in the United States Senate to help move the country away from our failed war on marijuana and towards a new, smarter approach.”
“We need to end the war on drugs and reform our criminal justice system, and we cannot afford to wait. The United States incarcerates more people in total and more people per capita than any other country in the world, and the racial disparities are alarming,” Shenna Bellows wrote in a recent op-ed, “Even in my home state of Maine, which is the whitest state in the union, blacks are 2.1 times more likely than whites to be arrested for marijuana possession. Government spends billions of dollars each year enforcing counterproductive drug laws, which are truly the New Jim Crow. The economic and human rights costs are enormous.”
While we have long had support for marijuana law reform in the House of Representative, support in the Senate has long been harder to come by. In a recent interview with ThinkProgress, Ms. Bellows has made clear she looks to kickstart the movement for rational marijuana policy in the upper chamber of Congress.
“Right now on the Senate side, there doesn’t seem to be a leader who has the courage to move that forward,” Bellows said. “I would be that leader.”
You can donate to the NORML PAC to help elect pro-reform candidates nationwide here.
Today, the Department of Justice and the Financial Crimes Enforcement Network division of the Treasury Department released long anticipated guidance to banks and other financial institutions on how they can interact with marijuana businesses that are licensed under state law.
Under current regulations, financial institutions are required to file suspicious activity reports when they suspect the transaction has a drug connection. The new guidance creates a three tiered system for these reports: marijuana limited, marijuana priority, and marijuana termination. This will allow these institutions to work with marijuana businesses as long as they were operating in accordance with state laws and regulations. The Department of Justice reserved the right to pursue criminal charges when they suspect businesses are breaking the guidelines they released late last year and would still require banks to report any activity they suspect to be as operating outside of state regulations.
“Now that some states have elected to legalize and regulate the marijuana trade, FinCEN seeks to move from the shadows the historically covert financial operations of marijuana businesses,” noted FinCEN Director Jennifer Shasky Calvery in a press release. “Our guidance provides financial institutions with clarity on what they must do if they are going to provide financial services to marijuana businesses and what reporting will assist law enforcement.”
“This reduces the burden on banks,” FinCEN stated during a briefing on the memo, “Marijuana under federal law requires a SAR. Now, the necessity is limited, reducing the banks’ burden a bit and more importantly clarifies where law enforcement focuses its attention.”
While this is a good start when it comes to allowing marijuana businesses to operate the same as those in any other regulated industry, memos such as these can be ultimately overturned by future administrations. To make this change lasting and binding, Congress must now act to codify it into law. The Marijuana Business Access to Banking Act is currently pending before the House of Representatives and would do just that. You can click here to quickly and easily write your representative and urge him/her to support this important legislation.
Representative Steve Cohen (D-TN) has introduced federal legislation, House Resolution 4046, to remove legal restrictions prohibiting the Office of National Drug Control Policy from researching marijuana legalization. These restrictions also require the office to oppose any and all efforts to liberalize criminal laws associated with the plant.
“Not only is the ONDCP the only federal office required by law to oppose rescheduling marijuana even if it is proven to have medical benefits, but it is also prohibited from studying if that could be even be true,” said Congressman Cohen. “The ONDCP’s job should be to develop and recommend sane drug control policies, not be handcuffed or muzzled from telling the American people the truth. How can we trust what the Drug Czar says if the law already preordains its position? My bill would give the ONDCP the freedom to use science—not ideology—in its recommendations and give the American people a reason to trust what they are told.”
These restrictions were placed on the Office of National Drug Control Policy by the Reauthorization Act of 1998, which mandates the ODCP director “shall ensure that no Federal funds appropriated to the Office of National Drug Control Policy shall be expended for any study or contract relating to the legalization (for a medical use or any other use) of a substance listed in schedule I of section 202 of the Controlled Substances Act (21 U.S.C. 812) and take such actions as necessary to oppose any attempt to legalize the use of a substance (in any form) that–
(A) is listed in schedule I of section 202 of the Controlled Substances Act (21 U.S.C. 812); and
(B) has not been approved for use for medical purposes by the Food and Drug Administration;”
You can quickly and easily contact your representative by clicking here.
Earlier today, 18 members of Congress signed onto a letter that was delivered to President Barack Obama calling for him to remove marijuana from Schedule I of the Controlled Substances Act.
“We request that you take action to help alleviate the harms to society caused by the federal Schedule I classification of marijuana. Lives and resources are wasted on enforcing harsh, unrealistic, and unfair marijuana laws,” the letter reads, “Nearly two-thirds of a million people every year are arrested for marijuana possession. We spend billions every year enforcing marijuana laws, which disproportionately impact minorities. According to the ACLU, black Americans are nearly four times more likely than whites to be arrested for marijuana possession, despite comparable usage rates.”
The letter was signed by Representatives Blumenauer (OR), Cohen (TN), Farr (CA), Grijalva (AZ), Honda (CA), Huffman (CA), Lee (CA), Lofgren (CA), Lowenthal (CA), McGovern (MA), Moran (VA), O’Rourke (TX), Polis (CO), Quigley (IL), Rohrabacher (CA), Schakowsky (IL), Swalwell (CA), and Welch (VT).
“Classifying marijuana as Schedule I at the federal level perpetuates an unjust and irrational system. Schedule I recognizes no medical use, disregarding both medical evidence and the laws of nearly half of the states that have legalized medical marijuana,” the letter continued, “A Schedule I or II classification also means that marijuana businesses in states where adult or medical use are legal cannot deduct business expenses from their taxes or take tax credits due to Section 280E of the federal tax code. We request that you instruct Attorney General Holder to delist or classify marijuana in a more appropriate way, at the very least eliminating it from Schedule I or II.”
You can read the full text of the letter here.