New Industry Group, the National Cannabis Roundtable, Launches with Former House Speaker John Boehner as Honorary Chairman

Feb 8, 2019

Washington, D.C. – February 8, 2019 – A new organization featuring former Speaker of the House John Boehner as honorary chairman is launching a national campaign to reform federal cannabis laws. The National Cannabis Roundtable will advocate for a rational legal framework for cannabis reform in the United States.

“As the cannabis industry grows and matures, it’s vital that we work together for a common-sense legal framework for cannabis policy,” Speaker Boehner said today. As membership grows, he says, NCR will be comprised of growers, processors, retailers, wellness centers, investors, entrepreneurs, and publicly traded companies.

With strategic guidance from Speaker Boehner, NCR’s public policy team, which includes The Liaison Group, Squire Patton Boggs and HDMK Public Affairs, will advocate for a multi-faceted reform agenda:

Remove federal restrictions that prohibit medical research involving cannabis. Encourage the development of solutions that will improve the lives of veterans and patients and combat the opioid epidemic in the United States.
Allow companies operating legally in the cannabis industry to utilize traditional institutions for transactions and access to financial markets.
Correct flaws in the US tax code that serve as barriers to legal commerce in the cannabis industry and prohibit the development of solutions that can improve Americans’ lives.
Build support for, and secure enactment of, federal legislation allowing states to set and enforce their own laws governing cannabis.

“The legal cannabis boom promises to contribute billions of dollars to the US economy over the next decade – creating jobs, advancing new health science and adding momentum to criminal justice reform,” Speaker Boehner said. “With all that potential, the time is now to take action and reform U.S cannabis laws,” he added.

U.S. consumer spending on legal cannabis reached $10.4 billion dollars in 2018. Even if no other states reform their laws, cannabis spending is expected to top $26.3 billion by 2025. If cannabis were legal in all 50 states, it could create 1 million new jobs by 2025.

In late 2018, a Gallup poll showed two-thirds of Americans support the legalization of cannabis in some form. All this momentum underscores the immediate need for sound policy prescriptions to fully realize the potential for cannabis in the American economy.

About the National Cannabis Roundtable

The legal cannabis boom promises to contribute billions of dollars to the US economy over the next decade – creating jobs, advancing new health science and adding momentum to criminal justice reform.

The National Cannabis Roundtable promotes common sense federal regulation, tax equality and financial services reform and supports changing federal law to acknowledge states’ rights to regulate and manage cannabis policy.

About The Liaison Group

The Liaison Group (TLG) is a D.C.-based federal lobbying firm dedicated to shaping the federal legislative and policy landscape for the cannabis industry. TLG focuses its efforts and expertise in both the House and Senate with the overarching goal of protecting and preserving state –authorized cannabis programs. TLG is a wholly owned subsidiary of Greenspoon Marder LLP.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 240 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has upheld a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

MEDIA CONTACT

Natalie Villanueva, Director of Marketing
954.333.4308 | [email protected]

This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

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New Industry Group, the National Cannabis Roundtable, Launches with Former House Speaker John Boehner as Honorary Chairman

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