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The Week in Weed: October 2, 2020

The Blunt Truth

Cannabis banking appears in the Democrats’ new stimulus bill. The Nebraska Supreme Court ruled in favor of CBD sellers in the state. New Jersey may decriminalize cannabis. In other federal news, Democrats included the SAFE Banking Act in its latest stimulus bill. A 2019 law legalized products below 0.3%

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Several Cannabis Reforms Advance in Louisiana, Including a Decriminalization Bill

SpeedWeed

The 14-page legislation isn’t as long-winded but puts the removal of cannabis as a controlled substance, banking protection, reform for veterans and mandated NIH studies at the forefront. The post Several Cannabis Reforms Advance in Louisiana, Including a Decriminalization Bill appeared first on SpeedWeed. and fellow Sens.

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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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Weekly Legislative Roundup 1/18/20

NORML

At the state level, a new decriminalization law took effect this week in Hawaii involving the possession of up to three grams of marijuana, as well as a procedure for expungement of past convictions for the same amount. Legislation is pending, A1897, to decriminalize the possession of small amounts of marijuana.

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Oregon Cannabis Legislative Preview: Producer Moratorium, Equity, State Banking and More

Cannabis Law Report

For background, in 2020 Oregon voters passed Ballot Measure 110 , which decriminalizes simple possession of drugs and requires that all growing marijuana tax revenue goes toward drug treatment centers. This capped the marijuana tax allocations that were going to Oregon’s common school fund, state police account, and cities and counties.

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Keeping Up with Harris Bricken: Upcoming Events

Canna Law Blog

Join Harris Bricken attorney, Vince Sliwoski as he provides forecasts for state cannabis programs. San Francisco Bank Attorneys Association – California Cannabis Law Update | Monday, December 6th at 12PM PST. Get your Continuing Legal Education (CLE) credits for practicing attorneys during this event!

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Top 10 Lessons from Cannabis for the Future Regulated Psychedelic Industry

Canna Law Blog

Large cities across the country have also adopted decriminalization measures for psilocybin and other entheogenic (psychedelic) plants, including Ann Arbor, Denver , Oakland, Santa Cruz, and most recently, Washington, D.C. but we note that decriminalization is not legalization). State law doesn’t change this.

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