In the first nine months of 2019, the marijuana industry spent more than $3.8 million lobbying Congress, according to OpenSecrets — employing a total of 80 lobbyists. That put the industry on track to spend far more on lobbyists in 2019 than in the previous two years combined.
Yet it’s a modest investment considering the potential payout. If enacted, the SAFE Banking Act is expected to drive billions of dollars of new investment into this rapidly evolving sector.
Links
[1] https://www.washingtonexaminer.com/opinion/op-eds/mike-crapo-wisely-puts-children-before-cannabis-profits
[2] http://www.rethinkpot.org/tags/crapo
[3] http://www.rethinkpot.org/tags/safe-banking