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Cresco Labs’ Big Acquisition, Denver’s First Cannabis Consumption Club, and a Final Push for SAFE Banking

Veriheal

Cresco Labs made a huge acquisition, Denver is within reach of opening its first consumption club, and cannabis executives rallied to push for industry banking protections. With the deal, Cresco Labs gains access to Columbia Care’s immense multi-state retail network. Cannabis Industry Makes Final Push for SAFE Banking.

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NORML Issues Cannabis Policy Guidance For Lawmakers and Prosecutors For Protecting Public Health During COVID-19 Crisis

NORML

. “In this era of tremendous uncertainty, it is crucial that policymakers use every tool in their toolkit to promote public health and safety.

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Will Cannabis Banking Reform Happen This Session?

SpeedWeed

Despite a busy year on the state level and multiple bills announced and introduced into Congress, not much legislative progress has been made on federal cannabis policy in 2021. . Could the acceptance of standalone banking regulations sap momentum for full scale reform? Reconciling standalone banking with descheduling .

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Texas Original Compassionate Cultivation Expands Operations as State Expands Medical Cannabis Access

SpeedWeed

Despite a busy year on the state level and multiple bills announced and introduced into Congress, not much legislative progress has been made on federal cannabis policy in 2021. . Could the acceptance of standalone banking regulations sap momentum for full scale reform? Reconciling standalone banking with descheduling .

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Merkley & Daines Urge Chair of Senate Banking, Housing, and Urban Affairs Committee To Act On SAFE

Cannabis Law Report

Here’s their letter to the Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. MERKLEY, DAINES URGE COLLEAGUES TO BUILD PATHWAY FORWARD FOR BIPARTISAN LEGISLATION TO ENSURE THAT LEGAL CANNABIS BUSINESSES CAN ACCESS CRUCIAL FINANCIAL SERVICES. Thursday, June 17, 2021. Washington, D.C.

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Mastercard Directives Block Cannabis Purchases on Debit Cards

Veriheal

In a recent controversial move, Mastercard issued a directive to United States banks, ordering them to block cannabis purchases on its debit cards. This new mandate struck a chord because, unlike credit cards, debit cards are linked directly to an individual’s bank account.

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NORML Canada Launches Post-Legalization Platform on One Year Anniversary of Marijuana Legalization

NORML

1) Increased Access. Our goal is to ensure consumers have ease of access to legal cannabis products, access to medical dispensaries, access to world-class product options, as well as access to affordable legal options. 4) US relations – border & banking.