Remove federal-legislation-to-allow-banks-to-work-with-state-legal-marijuana-businesses-advances-in-the-house
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Pennsylvania Says Yes to Banking for Cannabis Businesses

Veriheal

Banking has been a hurdle for cannabis businesses since the birth of the industry. Despite the fact that these businesses are state-legal, financial institutions have historically hesitated to work with them due to cannabis’ federally illegal status. One of those states is Pennsylvania.

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What Is the MORE Act, and How Could It Change Marijuana Policy Forever?

NORML

The MORE Act, which was introduced to the US Congress last month, would completely decriminalize marijuana at the federal level. How will it work, and what will it do for cannabis consumers, pot convicts, and the burgeoning gray-market industry? The issue isn’t if marijuana will be legalized anymore.

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Weekly Legislative Roundup 5/24/19

NORML

Welcome to the latest edition of NORML’s Weekly Legislative Roundup! An activist group in North Dakota filed paperwork to begin petitioning for another adult use marijuana legalization ballot initiative in 2020. Send a message to your federal lawmakers in support of this important legislation.

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Cannabis Industry: The Latest Takeaways

The Blunt Truth

Last week, several members of Seyfarth’s cannabis practice attended CannaVest West and the Cannabis Business Summit & Expo. Industry expert panels discussed market trends, private equity, venture capital, family offices, and banking, as well as commercial real estate, which I had the opportunity to moderate.

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New York Governor Announces Investment Team to Manage $200M Social Equity Cannabis Fund

Cannabis Law Report

Kathy Hochul also revealed appointments to the state’s Cannabis Advisory Board, tasked with establishing an equitable and inclusive industry. Cannabis Business Times. Governor Hochul Announces Major Progress Toward Advancing Equity in Cannabis. Governor Hochul Announces Major Progress Toward Advancing Equity in Cannabis.

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Oregon Cannabis: 2019 Legislative Forecast and Report

Canna Law Blog

At this point, over a month into the 2019 session, a preponderance of legislators appear vaguely inclined to “let it ride” and drop the big ideas when it comes to cannabis. Today, we are aware of just two marijuana lobbyists in Salem, down from 25 or so in 2015, and a dozen or more just two years ago. How did we get here?

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Folium Biosciences Colorado: Stock hiking, cutting corners, sidestepping regulatory requirements & strong arm tactics

Cannabis Law Report

As the demand for CBD has risen from many sectors of the US & international economy over the last 36 months, so, it seems, has the desire to process business without the normal checks and balances. Folium Biosciences, based in Colorado, is one of the US’s largest privately owned CBD processing companies. Teri Buhl reports.

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