Bipartisan SAFE Platforms Act Designates Cannabis as High-Risk Category
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New informationRepeats or wire copies
What happened
James Moylan and Valerie Foushee introduced the SAFE Platforms Act (H.R. 10433) on September 21, 2026, aimed at protecting consumers from online scams. The bill designates cannabis, alongside tobacco and alcohol, as a “high-risk category”. This categorization would mandate that online platforms subject cannabis advertisers to enhanced identity verification and business history review.
Why it matters
The designation of cannabis as a high-risk category introduces new regulatory requirements for online advertising platforms. This provision requires enhanced vetting processes for cannabis advertisers, similar to those applied to crypto, unregulated financial products, and gambling.
From natlawreview.com
Who's involved
- James MoylanCo-introduced the SAFE Platforms Act (H.R. 10433) in the House
- Valerie FousheeCo-introduced the SAFE Platforms Act (H.R. 10433) in the House
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The entities involved
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James Moylan
Guamanian-American politician (born 1962)
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Valerie Foushee
American politician from North Carolina
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