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Benzinga
Benzinga
Business
Nina Zdinjak

Analysts Agree: Federal Cannabis Legalization Unlikely To Happen Soon, Does SAFE Act Have Better Chance This Year?

Piper Sandler Chuck Schumer Republican Party

Federal cannabis legalization is unlikely to happen any time soon, according to analysts from Piper Sandler and Beacon Policy Advisors LLC. 

Marijuana Opportunity, Reinvestment and Expungement (MORE) Act is poised to end up on the House floor this week, but various marijuana industry experts are doubtful the measure will be approved in the Senate and become law.

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