A top federal drug agency is funding a study into how psilocybin could help people quit smoking cigarettes—one of the latest examples of the government’s growing interest in psychedelic therapy. The National Institute on Drug Abuse (NIDA) recently approved the grant, which will enable researchers at Johns Hopkins University... Read more
Lawmakers in Pennsylvania are considering legislation that would aim to protect medical cannabis patients in the state from DUI penalties. On Tuesday, a pair of state House representatives, Democrat Chris Rabb and Republican Todd Polinchock, announced that they had introduced a bill that would “ensure the rights of the... Read more
A former mayor of a city in Massachusetts was charged with extorting prospective cannabis business owners, among other charges, and sentenced to numerous years in prison. Jasiel F. Correia II, former mayor of Fall River, Massachusetts, first took on the role at 23 years of age in 2016. During... Read more
Jonathan Wall is a living reminder that the War on Drugs continues to snare new individuals in the system with its severe mandatory minimum sentences. The 26-year-old Maryland native faces a mandatory minimum 10-year sentence over a federal distribution conspiracy charge, with the Feds alleging that Wall was part... Read more
An activist group in Oklahoma said this week that it has put the finishing touches on a pair of ballot proposals that would legalize recreational pot in the state and overhaul its medical marijuana program.  Oklahomans for Responsible Cannabis Action, or “ORCA,” said on Tuesday that it had produced... Read more
Politicians and associates in New York on both sides of the aisle are implicated in alleged involvement of misappropriated money to benefit the launch of a pot business. Two Rudy Giuliani associates—Lev Parnas and Igor Fruman—told a Russian millionaire in 2018 they offered a $125,000 straw donation to then-Governor... Read more
The House Has Passed The SAFE Banking Act For The 5th Time

A Marijuana Banking Measure Has Been Passed By The House Once Again

The post The House Has Passed The SAFE Banking Act For The 5th Time appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Tuesday marked the fifth time that the U.S. House of Representatives has passed legislation to protect banks that work with state-legal marijuana businesses. And the lead sponsor of that reform, Rep. Ed Perlmutter (D-CO), tells Marijuana Moment that he does think “the fifth time is the charm” to finally... Read more
Tuesday marked the fifth time that the U.S. House of Representatives has passed legislation to protect banks that work with state-legal marijuana businesses. And the lead sponsor of that reform, Rep. Ed Perlmutter (D-CO), tells Marijuana Moment that he does think “the fifth time is the charm” to finally... Read more
Tuesday marked the fifth time that the U.S. House of Representatives has passed legislation to protect banks that work with state-legal marijuana businesses. And the lead sponsor of that reform, Rep. Ed Perlmutter (D-CO), tells Marijuana Moment that he does think “the fifth time is the charm” to finally... Read more
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