U.S. Congressman Dave Joyce discusses the STATES Act and how local economies would play out if cannabis reform were treated as a states’ rights issue. Although the STATES Act is not a full solution, Joyce believes that it’s very teed up to go, as it is compact and easy for people to understand. Joyce notes that, unfortunately, the Judiciary Committee is pretty backed up at the moment, but that the MORE Act is another bill that people are talking about in Congress, especially because it addresses the issue of expungement. “MORE Act, obviously, is fully fleshed. The trouble is the more flesh you put on that, the harder it’s going to be to move that.” Joyce talks about the complications and gray areas that come when discussing expungement, and how one must be very delicate when setting such important precedents.
Seth Adler: US Congressman Dave Joyce joins us. Welcome to Cannabis Economy, I'm your host, Seth Adler. Download episodes on CannEconomy.com, that's two Ns and the word economy, or wherever you currently get your podcasts. Got a ton of direct insight over at CannEconomy.com, from business, science, and policy leaders. So, go there if you would, and listen to this from CannaTech Davos. And then, US Congressman, Dave Joyce.
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Seth Adler: Oh.
Dave Joyce: We can hear each other.
Seth Adler: We can. It's, you know, the sirens are going off. We were just noting -
Dave Joyce: Perfect timing.
Seth Adler: It's interesting days, I guess. It's always interesting in Washington, DC, right?
Dave Joyce: Very interesting times.
Seth Adler: For a prosecutor from Ohio, this is a different type of place, I guess?
Dave Joyce: That's true. Back home, it's pretty quiet for the most part.
Seth Adler: Right.
Dave Joyce: You hear a siren, people actually turn around and look.
Seth Adler: Right, yeah. Maybe something is wrong, yeah.
Dave Joyce: Yeah, right.
Seth Adler: We don't look here, do we?
Dave Joyce: No, no. Here, it's a constant.
Seth Adler: All right, so, I guess the biggest thing that has changed is that we have passed Federal legislation, at least in one House, stand-alone cannabis legislation. So, that's a different thing?
Dave Joyce: It is a different thing.
Seth Adler: That puts us in a different reality.
Dave Joyce: Yes. As we talked about before, the idea was that we want to do the old three yards and a cloud of dust, keep moving the ball forward.
Seth Adler: Mm-hmm (affirmative).
Dave Joyce: That was a big move, and had big numbers on it, too, of people who might not have been on, when you're talking about something to do with legalizing cannabis. But, the idea that the banking aspects to this needed to be addressed because of the frustration that not just the growers, or the established people in the cannabis play, but also that second tier set, the people who build those locations, and transport, and do all that other work for them, were also becoming affected by it.
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