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Is Congress Closer to Reforming the Cannabis Industry’s Access to Financial Services?

Veriheal

Historically, it has been difficult for cannabis-related businesses to access reliable financial services due to its illegal federal status. CRO Financial Services: The SAFE Banking Act. The SAFE Banking Act was introduced in 2019 and has passed the House seven times, but it still needs to make it to the Senate floor.

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House of Representatives Set to Vote on SAFE Banking Act Today

Greenspoon Marder Cannabis Law Group Blog

House of Representatives is expected to vote on the Secure and Fair Enforcement Banking Act of 2019 (the “SAFE Banking Act”) today. In light of these concerns, most banks have denied cannabis-related businesses access to bank accounts and other financial services.

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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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8 hemp bills worth watching in 2022

Cannabis Law Report

CBD Product Safety and Standardization Act of 2021. The most recent legislation to debut on behalf of hemp, the CBD Product Safety and Standardization Act of 2021, was introduced this month by a bipartisan group of U.S. Hemp Access and Consumer Safety Act. Senate’s Committee on Agriculture, Nutrition and Forestry.

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Florida Agriculture Commissioner Announces State Medical Marijuana Advisory Committee

Cannabis Law Report

Agriculture Commissioner Nikki Fried announced Monday a new Medical Marijuana Advisory Committee, which she says will collaborate with the Florida Department of Agriculture and Consumer Services to help improve the state’s medical marijuana policies. Here are the details care of Sunshine State News.

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Weekly Legislative Roundup 1/18/20

NORML

House Bill 1359 would create a 5 year medical marijuana pilot program, allowing patients to access their medicine from licensed dispensaries. Send a message to your lawmakers in support of medical marijuana access. Legislation is pending, Senate Bill 697, to expand access to medical marijuana. IN resident? NH resident?

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Weekly Legislative Roundup 2/22

NORML

Update : HB 2149 was approved by the Public Safety Committee on 2/20. Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities. Click here to email your lawmakers in support of access in healthcare facilities. AZ resident?