Bipartisan congressional lawmakers from the House and Senate are discussing the possibility of combining cyptocurrency regulation legislation with a marijuana banking bill. Senate Majority Leader Chuck Schumer (D-NY) raised the topic with House Financial Services Committee Chairman Patrick McHenry (R-CA) and Ranking Member Maxine Waters (D-CA) on Thursday, a... Read more

Multiple marijuana companies donated a total of nearly $15 million to a Florida campaign behind a legalization initiative that will appear on the state’s ballot this November, including several multi-state operators, the latest state filings show. The Florida Division of Elections (DOE) released the campaign finance activity report from... Read more

An amendment to a Nebraska tax bill on Wednesday reduced a proposed tax on hemp and CBD that was initially set at 100 percent. The new rate, 25 percent, is significantly lower but still far greater than sales tax rates that most states impose on the federally legal products.... Read more

President Joe Biden, Vice President Kamala Harris and a top Justice Department official all marked “Second Chance Month” on Friday by separately touting the administration’s mass marijuana pardons—the latest acknowledgement from the White House that cannabis reform is a focus heading into the November election. Amid heightened expectations about... Read more

Following the passage of a marijuana legalization bill on Thursday by New Hampshire’s House of Representatives, Gov. Chris Sununu (R) is signaling that he’s against the legislation in its current form but could still ultimately get on board if changes are made in the Senate. The comments from the... Read more

The Justice Department is investigating marijuana-related businesses that allegedly took coronavirus relief loans in violation of federal rules, with third-party actors leveraging a whistleblower policy that allows them to take a portion of settlement money if they report on the cannabis companies. Multiple sources in the cannabis legal space... Read more