In the wake of yet another surprising electoral outcome – in which national Republicans are now favored to retain control of the U.S. Senate – national marijuana reform organizations are weighing their prospects for the next Congress.
The consensus is there’s a solid likelihood for progress – including banking access for cannabis companies – but not nearly as much had Democrats taken over the upper chamber.
“I thought the Senate would switch, so I’m sort of recalibrating my expectations of what we think we can get,” said Michael Correia, head lobbyist for the National Cannabis Industry Association.