Banking DEA Decriminalization Recreational 
The Blunt Truth
DECEMBER 26, 2019
In February, we saw the first ever Congressional hearing on cannabis banking. New Jersey failed to pass legislation legalizing recreational marijuana. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). The Senate failed to take action on the banking bill.
Canna Law Blog
OCTOBER 10, 2022
Poll after poll reveals that support for the legalization and/or decriminalization of marijuana keeps increasing. This past April, Senate Majority Leader (for now) Chuck Schumer could not even garner enough support in his own party to advance a decriminalization bill. See also: Current and Future Cannabis Taxes. Reason 2: Politics.
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The Blunt Truth
OCTOBER 22, 2019
As several states and foreign countries have enacted laws decriminalizing or legalizing marijuana for medicinal or recreational use, a fresh rush of reefer madness has overtaken the business world. 1200 , The SAFE Banking Act, awaits a vote. The legal cannabis business is spreading like weeds. 1621 et seq., Note: 7 U.S.C.
Cannabis Law Report
OCTOBER 22, 2019
As several states and foreign countries have enacted laws decriminalizing or legalizing marijuana for medicinal or recreational use, a fresh rush of reefer madness has overtaken the business world. 1200 , The SAFE Banking Act, awaits a vote. Paparelli on October 22, 2019. Emphasis added; footnotes omitted.).
Veriheal
FEBRUARY 21, 2022
Empyreal operates in 28 states, acting as a cash courier for cannabis businesses and their banks. In California, cannabis is legal for both medical and recreational purposes, but cannabis is still illegal everywhere in America on a federal level. Without cause, San Bernardino County Sheriff’s deputies pulled the armored car over.
NewsMunchies
DECEMBER 22, 2021
As of this writing, cannabis remains a prohibited Schedule 1 drug, defined by the DEA as having “no currently accepted medical use and a high potential for abuse.” . The past year saw several states legalize recreational cannabis, including New Mexico, New Jersey, Virginia and Connecticut. Since 2012, 18 states and Washington, D.C.,
Cannabis Law Report
SEPTEMBER 29, 2021
Ed Perlmutter (D-CO) and Andy Barr (R-KY) all opined on the progress of the SAFE Banking Act legislation that they’ve been industriously working on; Reps. Many producers expressed concerns that the DEA’s interim final rule would criminalize the processing of hemp extracts. Ron Wyden (D-OR), Jeff Merkley (D-OR) and Reps. By Kyle Jaeger.
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