A marijuana banking bill that’s set for a Senate committee markup next week has an updated title and several new provisions related to federal financial regulations, guidance and reporting requirements, according to a summary that is circulating. And Senate Majority Leader Chuck Schumer (D-NY) said on Tuesday he intends... Read more
A bipartisan marijuana banking bill that’s scheduled for a Senate committee markup next week has been revised in several key ways—primarily related to federal financial regulations, guidance and reporting requirements—according to full text of the the most recent version of the legislation that was obtained by Marijuana Moment on... Read more
Fed worker marijuana bill scaled back; NH weighs “franchise” legalization model; CA bills on gov’s desk; OR drug decrim repeal; OH GOP ballot oppo 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... Read more
A coalition of 35 cannabis trade associations, drug policy reform groups and a top national labor union are calling on Congress to help address the “humanitarian toll” of robberies targeting cash-intensive marijuana businesses by passing a bipartisan cannabis banking bill “this year.” As the Senate Banking Committee prepares to... Read more
“I am sharing job opportunities constantly with the students, and the students are reporting back getting hired within the industry before even graduating the program.” By Rebecca Rivas, Missouri Independent Karina Hernandez’s ideal work environment is surrounded by plants, with her hands in the dirt. Although she already has... Read more
Senators have “probably found a sweet spot” in negotiations over a bipartisan marijuana banking bill, with an agreement to to leave a section favored by Republicans “intact, as it is,” according to one GOP member of the Senate Banking Committee. As that panel prepares to hold a markup of... Read more
In Kentucky, one of the states hit hardest by the ongoing overdose crisis, the Opioid Abatement Advisory Commission heard hours of testimony on Friday from military veterans, parents, psychologists and other advocates—including former Texas Gov. Rick Perry (R)—who are in favor of further studying ibogaine as a treatment for... Read more
“We are all in survival mode, and we are coming together to share our pain with you.” By James Brooks, Alaska Beacon In an unusual offseason hearing, a committee of the Alaska Legislature considered a proposal on Friday that could lower the state tax on marijuana sold in the... Read more
A group of state cannabis regulators is asking Congress to change laws around hemp and cannabinoids through the forthcoming 2023 Farm Bill, seeking to adjust the federal definition of the crop and modify rules around hemp-derived cannabinoids. The changes are needed, says the Cannabis Regulators Association (CANNRA), because the... Read more
Maryland officials have announced details of a technical assistance program to support marijuana social equity applicants for a business licensing round that opens in November. The Maryland Cannabis Administration (MCA) and Office of Social Equity (OSE) said on Thursday that people who plan to apply for an equity license... Read more