Despite the steep headwinds facing the cannabis industry and the high priority on getting COVID-19-related legislation passed, federal cannabis reform efforts are in a better position than they’ve ever been, according to Rep. Earl Blumenauer, D-OR.

“We have our work cut out for us but we have more momentum in the cannabis space than I’ve seen in the over 30 years I’ve been working on this issue,” Blumenauer said during a livestream discussion with this reporter. “We are in a stronger position than we’ve ever been. The performance of advocates and the industry is very, very strong and most important, people want this. It’s not just public support at the polls. People depend on the product, on the service, on the impact it has in their communities and so it’s a terrific alignment of interests.”

Blumenauer, the keynote speaker at NJ Cannabis Insider and Advance 360’s webinar “Cannabis and COVID-19: Where Does America Go From Here?” presented by Duane Morris on Wednesday, said a significant piece of cannabis reform aimed at loosening federal restrictions barring banks from providing services to cannabis businesses may even have a chance of passing in the House of Representatives on Friday.

“It’s interesting to note that now a number of Republican senators find themselves in competitive reelection campaigns this fall, people that they thought were safe,” said the Oregon Democrat. “So these are races where people are looking over their shoulder a little bit.” [Read More @ NJ.com]