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Mississippi Becomes 37th State to Legalize Medical Cannabis With a Law that Provides Limited Access to Patients

Americans for Safe Access

On February 2, 2022, Governor Tate Reeves chose to sign SB 2095 into law, making Mississippi the 37th state to adopt medical cannabis laws. On January 26, 2022, the state legislature passed SB 2095, their watered down vision for medical cannabis in Mississippi. . ASA strongly opposes both of these provisions.

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The Sky’s the Limit for the Cannabis Industry in 2022

Veriheal

After a strong 2021, all signs are pointing to an even bigger year for the cannabis industry in 2022. According to a report from Marijuana Business Daily, U.S. legal cannabis sales are predicted to surpass $30 billion in 2022. Accessibility isn’t just great for consumers either.

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The CLIMB Act: Is Federal Cannabis Business Reform Coming?

Veriheal

In May 2022, a bipartisan pair, Rep. introduced a never-before-seen bill—the Capital Lending and Investment for Marijuana Businesses Act (“the CLIMB Act”). What Business Services Would the CLIMB Act Protect? 8200 intends to cover most if not all standard business services. Troy Carter (D-La.) Guy Reschenthaler (R-Pa.)

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Cannabis in the US Midterms (2022)

Cannabis Life Network

What role will cannabis play in the USA 2022 midterm elections? This legislation would provide cannabis companies access to financial services. The post Cannabis in the US Midterms (2022) appeared first on Cannabis | Weed | Marijuana | News. America’s cannabis industry hopes to see the SAFE Banking Act passed.

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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. It also did not normalize federal taxation for businesses within the sector.

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Newly Published Paper: Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act

Cannabis Law Report

Drug Enforcement and Policy Center, August, 2022. 21 Pages Posted: 12 Aug 2022. Date Written: August 11, 2022. But unfortunately, SAFE, as written, is unlikely to result in equitable access to financial services. Promote compliance with state and local regulatory requirements regarding business ownership.

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Australis Reports Q1 Financial Year (FY) 2022 Results

Cannabis Law Report

CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”), doing business as AUDACIOUS, today announced that the Company has filed its unaudited financial statements and management discussion and analysis for the first quarter of fiscal year 2022, the period ending June 30, 2021. Q1 FY 2022. Q1 FY 2022. Q1 2022 Overview.

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