Marijuana Banking Left Out Of Federal Spending Bill, Congressional Sources Confirm
FeaturedMarijuana IndustryMarijuana Industry News December 19, 2022 0
Marijuana banking reform has been excluded from a large-scale spending bill that’s expected to be released on Monday, Senate and House staffers familiar with negotiations confirmed with Marijuana Moment. It’s not currently known whether the omnibus appropriations legislation includes a number of other marijuana and drug policy reforms that... Read more
Cannabis banking bumped to 2023, key chair indicates (Newsletter: December 16, 2022)
Marijuana IndustryMarijuana Industry News December 18, 2022 0
Colombian legalization bill approved; OH lawmakers pass marijuana paraphernalia reform; NY biz verification tool; Final KS medical cannabis meeting Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes... Read more
We’re In The Final Push To Pass SAFE Banking Before Congress’s Lame Duck Session Ends (Op-Ed)
Marijuana IndustryMarijuana Industry News December 18, 2022 0
“Congress has an opportunity to assist hundreds of small and minority-owned businesses in medical and adult-use cannabis states across the country by passing SAFE Banking.” By Toi Hutchinson, Marijuana Policy Project December started on a high note with President Joe Biden signing the Medical Marijuana and Cannabidiol Research Expansion... Read more
Louisiana Medical Marijuana Patient Workplace Protection Recommendations Approved By Task Force
Marijuana IndustryMarijuana Industry News December 17, 2022 0
“I do think that there is a problem with government stepping in and deciding what kind of relationship the employer and employee ought to have.” By Wesley Muller, Louisiana Illuminator A panel that has spent months debating policy ideas to protect workers who use medical marijuana concluded the bulk... Read more
Schumer Makes ‘Last Ditch Effort’ To Put Marijuana Banking In Spending Bill, Shares Revised Text With GOP Members To Address Concerns
FeaturedMarijuana IndustryMarijuana Industry News December 17, 2022 0
Senate Majority Leader Chuck Schumer (D-NY) is “making a last ditch effort” to put marijuana banking reform in forthcoming omnibus appropriations legislation, a senior Senate Democratic aide told Marijuana Moment on Friday. With time running short in the lame duck session, there’s been a concerted push to use the... Read more
Bipartisan Lawmakers Urge Biden To Back Marijuana Legalization Amid Administration Scheduling Review
FeaturedMarijuana IndustryMarijuana Industry News December 17, 2022 0
As the Biden administration works to conduct a review into the marijuana’s federal scheduling, a bipartisan coalition of congressional lawmakers is asking the president to officially get on board with outright legalization. In a letter obtained by Marijuana Moment on Friday that’s expected to be sent to President Joe... Read more
Teen Marijuana Use Remained Stable In 2022, Despite More States Legalizing And Lifting Of Pandemic Restrictions
FeaturedMarijuana IndustryMarijuana Industry News December 16, 2022 0
Even as more states legalized marijuana—and society started to return to normal following the worst of the coronavirus pandemic by lifting restrictions that kept many students at home under parental supervision—teen cannabis use remained stable in 2022, according to the latest federally funded Monitoring the Future (MTF) Survey. Experts... Read more
New Jersey Adult-Use Marijuana Sales Jumped In Latest Quarter, Topping $100 Million For First Time, State Reports
FeaturedMarijuana IndustryMarijuana Industry News December 16, 2022 0
New Jersey adult-use marijuana sales exceeded $100 million for the first time in the third quarter of the 2022 fiscal year, with combined medical and recreational cannabis purchases totaling $177,710,764, the state reported on Friday. The New Jersey Cannabis Regulatory Commission (NJ-CRC) said that, between July and September, adult-use... Read more
Former GOP Congressman And Former NBA Player Launch Marijuana Digital Financial Service As Federal Banking Reform Stalls
Marijuana IndustryMarijuana Industry News December 16, 2022 0
As Congress works to pass a marijuana banking bill, a former Republican congressman and former NBA player have teamed up to launch a new product that they say could help resolve the industry’s unique financial challenges, with or without federal reform. While it might seem like an example of... Read more
Ohio Bill Removing Marijuana Paraphernalia Convictions From Criminal Records And Allowing Broader Expungement Heads To Governor
FeaturedMarijuana IndustryMarijuana Industry News December 15, 2022 0
Ohio lawmakers on Thursday morning sent the governor a large-scale criminal justice reform bill that contains provisions to protect people from having criminal records for arrests or convictions over simple possession of marijuana paraphernalia. It also includes measures clearing a path for people to have convictions for cannabis possession... Read more
