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Attorneys General Push for Marijuana Banking Reform

NORML

In their letter , AGs opine: “The current predicament of a rapidly expanding national marketplace without access to the national banking systems has resulted in an untenable situation. We stress that current legislative models are available to fix this situation.

Banking 363
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NAACP’s Vision For Fair Legalization, SC’s High Rise Bar, NY’s Rec. Setbacks

Veriheal

The NAACP’s blueprint for a fair cannabis industry, cannabis wellness takes center stage at High Rise Dry Bar in South Carolina, and New York’s legal limbo stalls its recreational market. To start, the association called for cannabis workers to have access to union representation. Let us know in the comments!

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NY Senator Wants Cannabis Legalized as Part of Criminal Justice Reform

Veriheal

Bills being recently introduced and passed in various jurisdictions include various elements of criminal justice reforms addressing everything from police use of force to legalizing cannabis. Legislative Package Urged in New York. Legalizing isn’t enough but it is a step in the right direction. A Multi-faceted Approach.

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Bankers Associations From All States Send Letter To Push For SAFE Banking Passage ASAP

Cannabis Law Report

New – ABA + 51 state bankers associations ask @SenateDems @SenateGOP @SenateBanking @BankingGOP leaders to include "widely supported, bipartisan" #SAFEBanking Act in COMPETES Act so cannabis businesses can access banking in states where cannabis is legal: [link].

Banking 59
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The Week in Weed: April 24, 2020

The Blunt Truth

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Some applicants may have been able to access the system early, which is a problem in a first-come, first-served process. Turning our attention abroad, Mexico has extended its deadline to legalize cannabis to December 15.

Banking 101
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Protecting Cannabis Trademarks in Anticipation of Federal Legalization

Cannabis Law Report

As more states legalize cannabis, companies are dealing with the absence of national trademark uniformity. Currently, there is no legal mechanism to obtain a trademark to sell cannabis across state lines. Companies must be ready to fight for their trademark rights once legal cannabis becomes a national reality.

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California Cannabis Industry Has Provided $2.8 Billion in Tax Revenue Since 2018

SpeedWeed

The largest legal cannabis market in the world just had the best quarter on record. Yes, the legal market appears to be picking up steam, said Graham Farrar, the co-founder and president of Glass House Brands. And, yes, there are more and more legal cannabis consumers participating in California, he said. Bringing in $40.4