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Federal Bulletin: Economic Arguments for Cannabis Legalization

Canna Law Blog

One of John’s specialty areas is state and federal marijuana policy. The title of our panel was “Update on the Federal Policy Landscape Including Congress and the Executive Branch.” What is the Kansas City Federal Reserve Bank? The KC Fed is one of 12 banks in the Federal Reserve System.

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Article – “Stop Dreaming: Cannabis Banking Reform Isn’t Happening in 2020”

Cannabis Law Report

If Nasdaq.com are re-distributing a Motely Fool piece on the state of cannabis banking then we’d suggest it is probably worth heeding what’s being said. This has led some pot companies to deal strictly in cash, which is a growth inhibitor and a safety concern. Here’s the piece.

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Rep Heck: We’re late to implement the SAFE Banking Act. Read his press release, the draft bill & full meeting package

Cannabis Law Report

FIRST CONGRESSIONAL HEARING HELD ON CANNABIS BANKING. Today the House Financial Services’ Subcommittee on Consumer Protection and Financial Institutions held the first-ever congressional hearing on the issue of cannabis banking. . To continue to do nothing to protect public safety would be negligence.”. Feb 13, 2019 .

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SAFE Banking Act Refiled on Heels of $17.5 Billion in U.S. Cannabis Sales in 2020

SpeedWeed

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

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Crapo’s Crap Statement On US Cannabis Banking, “I remain firmly opposed to efforts to legalize marijuana on the federal level, and I am opposed to legalization in the State of Idaho,”

Cannabis Law Report

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. Requests feedback on potential changes to address public health and safety issues. I also do not support the SAFE Banking Act that passed in the House of Representatives. .

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National Credit Union Administration (NCUA) Critcizes Congress On Their Tardiness On Reforming Cannabis Laws.”The bottom line is this: Legalization in some form is going to happen, and the abdication of responsibility to address these issues in Washington is simply ludicrous.”

Cannabis Law Report

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. He also said that he feels legalization at the federal level is an inevitability. Here’s his full presentation.

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Report: Federal Reserve Bank of Kansas City -“Is the Colorado Marijuana Industry Showing Signs of Maturation?”

Cannabis Law Report

Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. Colorado, which opened recreational stores in January 2014, has the longest-running legalized marijuana market in the United States. v This coincided with changes in enforcement policy from the U.S.

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