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The Week in Weed: May 15, 2020

The Blunt Truth

The big news this week is that cannabis banking is included in the latest federal relief bill. Maine made changes to their marijuana program. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. SBA funds, however, are not.

Banking 106
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Weekly Legislative Roundup 4/5/19

NORML

Legislation has been reintroduced from last year, Senate Bill 34, which would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions. Click here to email your lawmakers in support of compassionate care programs.

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Weekly Legislative Roundup 1/18/20

NORML

House Bill 1359 would create a 5 year medical marijuana pilot program, allowing patients to access their medicine from licensed dispensaries. Legislation is pending, A2210, to create a state bank to provide financial services to licensed marijuana business operating in accordance with state law. FL resident? IN resident? NJ resident?

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Weekly Legislative Roundup 6/14/19

NORML

Another hearing is scheduled for Thursday, where the Veterans Affairs Committee will discuss various bills that are pending regarding medical cannabis programs and veterans access. Click here to email your lawmakers in support of compassionate care programs. Click here to email your lawmakers in support of banking access.

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Weekly Legislative Roundup 6/21/19

NORML

Legislation is pending, Senate Bill 34, which would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions. Click here to email your lawmakers in support of compassionate care programs. CA resident?

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Federal policy kills buzz for advertising pot

Cannabis Chronicles

Much the way banks are unwilling to finance cannabis startups, television networks and online advertising marketplaces are understandably cautious because the Feds still classify marijuana as a Schedule 1 drug alongside heroin and ecstasy. New York state has a small medical program and is expected to approve recreational weed this year.

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Weekly Legislative Roundup 3/29

NORML

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. House Judiciary Committee.