• Educate Members of Congress on the need to improve access to banking services for the cannabis industry, including in S.910/H.R.1996, the SAFE Banking Act, and National Defense Authorization Act; monitor financial services for cannabis.
• Educate Members of Congress on the need for Section 280e reform of the Internal Revenue Code for cannabis businesses.
• Monitor pending legislation on cannabis reform, including H.R.3105, Common Sense Cannabis Reform for Veterans, Small Businesses, and Medical Professionals Act, H.R.2916, VA Medicinal Cannabis Research Act of 2021, H.R.5977 States Reform Act, S. 4591, Cannabis Adminstration and Opportunity Act, and P.L.117-215, the Medical Marijuana and Cannabidiol Research Expansion Act.

Duration: January 1, 2021 to present

General Issues: Banking, Taxation/Internal Revenue Code, Law Enforcement/Crime/Criminal Justice

Spending: about $630,000 (But it's complicated. Here's why.)

It can be tricky to figure out how much an organization spent on a particular lobbying engagement. The law only requires lobbyists to report the amount they were paid for federal lobbying each quarter rounded to the nearest $10,000—and if it's less than $3,000 in a given quarter (or less than $13,000 for organizations with in-house lobbyists), they don't have to disclose it at all. Plus, some organizations include spending that doesn’t belong in the report—for instance, money spent lobbying state governments or other legal work.

Agencies lobbied since 2021: U.S. Senate, House of Representatives

Affiliated organizations: CFG Bank; Cowen Inc; Curio Wellness; Severn Bank; Stifel, Nicolaus & Company, Incorporated; SunMed Growers