Mitch McConnell Meets With Cannabis Execs In California, Pitched Need For Cannabis Banking Reform

McConnell’s Washington office did not respond to requests for comment

Senate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip to California this week.

McConnell is attending at least two days’ worth of meetings with cannabis industry executives, small-business owners and advocates in Southern California, in order to discuss potential cannabis-related banking reform, among other topics, according to people familiar with the matter. McConnell’s schedule includes two cannabis-related lunches with executives and advocates, one of which will take place in Newport Beach, Calif., and a tour of at least one cannabis-related company in the area.

It was not immediately clear whether McConnell’s California Wednesday and Thursday schedule signals a shift in his thinking about cannabis banking reform, the people said. McConnell’s Washington office did not respond to several requests for comment.

To Read The Rest Of This Article On Market Watch, Click Here

Stay up-to-date!

Get all the news and info straight into your inbox that you need to help grow your business.

To Top