US cannabis legalization in the 2024 election? Will Joe Biden and the Democrats make cannabis reform a significant part of their re-election platform?With the...
The issue of marijuana banking has been a longstanding concern within the cannabis industry. Despite previous bipartisan support in the House of Representatives, the...
WASHINGTON D.C. – Congressmembers are sending positive signals about a modified version of a federal banking bill that would benefit the cannabis industry. The...
Without much meaningful development concerning legalization efforts in 2022, many sobering themes likely will carry over into 2023.Layoffs will persist, and continued price compression and competition...
By Maureen MeehanWhen the Secure and Fair Enforcement (SAFE) Banking Act was excluded from Monday’s omnibus appropriations legislation, Senate Majority Leader Chuck Schumer (D-NY) laid the...
Cory Booker, a senator from New Jersey, believes that Mitch McConnell, the leader of the Senate minority, significantly influences his colleagues' decisions to vote...
This article originally appeared on Green Market Report and has been reposted with permission.The cannabis banking bill, the SAFE Act, did not make it into...
By Joana Scopel
A Pennsylvania General Assembly bill would protect banks, credit unions, and insurance companies that do business with legal cannabis companies in their state.
Bill 331 amends Title 12, Commerce and...
WASHINGTON – The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act was introduced Thursday by U.S. Congressmen Troy A. Carter, Sr. (D-LA) and...
By Jelena MartinovicAbout a quarter of voting members of the U.S. House have joined forces to urge congressional leaders to enact marijuana banking provisions into...
Arizona is following the precedent of other legal states by shattering records only a year into establishing a legal cannabis industry. The Grand Canyon state has set a new record by making total sales worth about $1.4 billion during the first year of sales. Residents did not waste much time before settling comfortably into the budding recreational industry.
Mitch McConnell sounds convinced that the SAFE Banking Act is not the right call for now. According to the Senate Minority Leader, the cannabis banking measure is basically going to promote irresponsible consumption of weed among adult Americans. In his words, the bill will only help Americans get stoked on pot.