Groups Push Senators To Add Marijuana Business Stock Exchange Access To Banking Bill
FeaturedMarijuana IndustryMarijuana Industry News May 18, 2023 0
A coalition of marijuana advocacy groups is asking that a bipartisan marijuana banking bill be expanded to include provisions ensuring that cannabis businesses have access to all forms of financial services—including the ability to be listed on senior U.S. stock exchanges. In a letter sent to Senate Banking Committee... Read more
Minnesota House Could Take Final Vote On Marijuana Legalization Bill Imminently Following Completion Of Conference Report
FeaturedMarijuana IndustryMarijuana Industry News May 17, 2023 0
A bill to legalize marijuana in Minnesota could receive its final vote in the House as early as Wednesday now that a conference report has been finalized and signed. Rep. Zack Stephenson (D), the measure’s House sponsor, said late on Tuesday that he signed the 320-page conference report that... Read more
Key GOP Congressman Says He’ll Review Federal Ban On Marijuana Sales In D.C. After Mayor Raises Safety Concerns
FeaturedMarijuana IndustryMarijuana Industry News May 17, 2023 0
A key Republican lawmaker signaled on Tuesday that he’s interested in reassessing the federal ban that has blocked Washington, D.C. from legalizing, regulating and taxing recreational marijuana sales. The comments came at a House Oversight and Accountability Committee hearing in response to testimony from D.C. Mayor Muriel Bowser (D), who... Read more
Michigan Officials Move To End Pre-Employment Marijuana Testing For Government Workers
FeaturedMarijuana IndustryMarijuana Industry News May 17, 2023 0
Michigan officials are proposing to end pre-employment drug testing for marijuana for most government job applicants, while also giving people who’ve already been penalized over positive THC tests an opportunity to have the sanction retroactively rescinded. The Michigan Civil Service Commission released the proposed amendments to the government’s employment... Read more
Oregon Senators Want Federal Investigation Into Marijuana Company Executives’ Political Campaign Contributions
Marijuana IndustryMarijuana Industry News May 16, 2023 0
“Many of these cash campaign or other donations exceeded $10,000 from federally illegal drug operations.” By Ben Botkin, Oregon Capital Chronicle Two state senators want Oregon U.S. Attorney Natalie Wight’s office to investigate cash donations from cannabis company owners to state politicians. Sens. Brian Boquist, I-Dallas, and Art Robinson,... Read more
Senator Pushes Marijuana Banking Bill Amendment To Provide Industry Access To Small Business Administration Services
FeaturedMarijuana IndustryMarijuana Industry News May 16, 2023 0
A Democratic senator says that she wants to see a bipartisan marijuana banking bill amended to include provisions that would allow cannabis businesses to access federal Small Business Administration (SBA) services. Sen. Jacky Rosen (D-NV) said on Tuesday that lawmakers “must fully support legally-operating cannabis small businesses, & that... Read more
Washington Lawmakers Pass Bill To Prevent Drug Decriminalization, With Governor Immediately Signing
Marijuana IndustryMarijuana Industry News May 16, 2023 0
“Over and over again we’ve heard that any solution we’ve proposed needs to put treatment options in front, I believe this…amendment does that.” The Washington Legislature on Tuesday passed a new law to create a gross misdemeanor penalty for drug possession and to build out substance-use treatment programs, marking... Read more
Montana Lawmakers Send Mixed Bag Of Marijuana Bills To Governor’s Desk
Marijuana IndustryMarijuana Industry News May 15, 2023 0
Over the course of the session, the Legislature also put the kibosh on a handful of bills that would have had enormous consequences for the industry. By Max Savage Levenson, Montana Free Press In the waning days of the 2023 Legislature, lawmakers passed a handful of bills that—if signed... Read more
NH gov backs legal cannabis in state stores (Newsletter: May 15, 2023)
Marijuana IndustryMarijuana Industry News May 15, 2023 0
Schumer: SAFE vote in “near future”; MN legalization conference committee; Congresswoman: Grow marijuana in Botanic Garden; Orgs push cannabis banking 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... Read more
Arizona Governor Signs Budget Deal That Includes $5 Million For Psilocybin Research Grants
FeaturedMarijuana IndustryMarijuana Industry News May 15, 2023 0
The governor of Arizona has signed into law budget legislation that includes provisions to fund research into the medical potential of psilocybin mushrooms for a variety of conditions. Gov. Katie Hobbs (D) gave final approval to the appropriations package on Thursday, just hours after it cleared the legislature. Lawmakers... Read more
