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The Rise of Anti-Legalization Efforts

Veriheal

Interestingly enough, the New York Times released an article in September of 2024, whereby a 1973 audio recording was unearthed of Nixon declaring he knew cannabis is not particularly dangerous, despite affecting millions of lives and families due to his policies ever since.

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What will New York Do if Dispensaries Do Not Open in Time?

Cannabis Law Report

According to a recent article from Upstate New York, the state of New York is confronting an issue commonly faced in the state-legal cannabis industry, a lack of banking options.

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Even AI knows why IL cannabis prices are too high

Illinois News Joint

This limited supply has driven prices up as dispensaries and processors are forced to pay more for the cannabis they need to produce and sell their products. Additionally, the high taxes and lack of access to banking services for cannabis businesses also contribute to the high cost of cannabis products in the state.

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U.S. Banks Pushing for Access to Legal Marijuana Industry

WeedAdvisor

Banks Pushing for Access to Legal Marijuana Industry. In yet another unprecedented leap forward, United States banks are asking Congress to protect them from federal prosecution over dealing with legal marijuana businesses, according to U.S. This creates a problem for banks. Dispensaries More Vulnerable to Crime.

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Republican Lawmakers Seek Ban On Welfare Benefits Spending At Dispensaries

SpeedWeed

have introduced legislation that would ban the spending of federal welfare benefits at cannabis dispensaries. Interestingly, Daines is the primary Senate Republican co-sponsor of the SAFE Banking Act of 2021, federal legislation that would allow financial institutions to provide traditional banking services to state-legal cannabis businesses.

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Nevada officials to launch banking system for marijuana industry

Cannabis Law Report

The Washington Times reports………Nevada officials are launching the nation’s first banking system for the booming cannabis industry, whose dispensaries increasingly are targeted for burglaries and robberies for the hundreds of thousands of dollars of cash they keep on hand to pay employees, taxes and rent.

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Further Delays To Cannabis Dispensaries Opening In Maine

Cannabis Law Report

The article adds. State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. Maine pushes the target date for adult-use marijuana sales back by 3 months, and lowers its projected sales tax revenue for the fiscal year that ends June 30. Says the Press Herald.