Chairman of the Board of Directors of the Agricultural House David Scott He said Thursday that the 2023 Farm Bill should address the barriers facing small businesses and black entrepreneurs when trying to start legal cannabis businesses under state law.
These obstacles include high start-up costs, underfunding in government social justice programs, and a lack of access to services, Amber Littlejohn, executive director of the Minority Cannabis Business Association, told Scott and other members of the House Financial Services Subcommittee on Consumer Protection and Financial Institutions. banking.
“Here we are, the fastest growing agricultural producer, between hemp and hemp,” said Scott, D.J. “We also go to our farm bill. We have to address this issue. We can no longer hide it.”
Congress has previously used legislation that reauthorizes farming and nutrition programs to address the legal status of cannabis. The Farm Act of 2018 made the cultivation of hemp derived from the hemp plant legal as an agricultural crop.
However, jurisdiction over policies addressing cannabis crisscrosses with commissions, which could complicate Scott’s efforts. In his role as Senate Majority Leader in 2018, Mitch McConnellRepublic of Kentucky, to fend off opposition from the senator. Charles E. Grassley Iowa, chair of the Senate Judiciary Committee, to include cannabis provisions.