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Don’t let the Grinch stop marijuana reform

NORML

Last Wednesday, he essentially demanded that in exchange for allowing the cannabis industry to access to basic banking services, that the federal government should impose a 2% THC cap on marijuana products and prohibit the retail sale of marijuana-infused edibles or e-liquid vapor extracts.

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Marijuana Legalization Measures Gaining Momentum In Several States

NORML

New Mexico: Members of the Senate overwhelmingly (33 to 2) passed SB 406 to expand greater medical access and to limit discrimination in the workplace and elsewhere against qualified patients. The measure, SB 1557 , also permits qualifying patients access to a broader spectrum of products containing both plant-derived CBD and THC.

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The Hemp Standard is 0.3% THC. That Should Be Changed.

Canna Law Blog

The international market is taking form and access to banking services is expanding. Perhaps the most dubious rule is the total THC testing standard. The USDA then adopted a total THC testing requirement by which total THC is the molar sum of delta-9 THC and delta-9 tetrahydrocannabinolic acid (“THCA”).

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Senators Wyden and McConnell Press for Hemp Industry Banking Services

Canna Law Blog

Unfortunately still the position for most banks and hemp. Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hemp businesses would be slow going. We have consistently heard from lawful hemp producers about the lack of access to financial products. Senators, Sen.

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SAFER Banking Act Passes Senate Committee

Cannabis Life Network

The SAFER Banking Act has passed a critical Senate Committee hearing with a vote of 14-9. The renamed bipartisan bill would allow banks to work with cannabis businesses without penalties from the federal government. cannabis industry has long been waiting for SAFER Banking to pass the Senate.

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Weekly Legislative Roundup 4/5/19

NORML

Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities. Click here to email your lawmakers in support of expanded medical access. Click here to email your lawmakers in opposition to capping THC levels. CA resident? FL resident?

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Cannabis Industry Sues Canadian Banks

Cannabis Life Network

The cannabis industry is suing Canadian banks. Canada’s legal cannabis industry has launched a class-action lawsuit against Canada’s large cartel of banks. They allege the banks have discriminated against them by arbitrarily closing accounts and denying services and access to credit.

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