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So How Did It Go? – The SAFE Banking Act Senate Hearing

Canna Law Blog

As we reported last week , a Senate Banking Committee hearing occurred this past Tuesday to consider the SAFE Banking Act. He cited that polling now shows about 65% of Americans support legalization of marijuana and 93% support medical marijuana. But the SAFE Banking Act is narrowly targeted,” she said. “It’s

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Democratic Senator Chuck Schumer Feels SAFE Banking Act is Not Enough

WeedAdvisor

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. However, top Democratic Senator Chuck Schumer feels that the SAFE Banking Act is insufficient and potentially detrimental to legalization. Good Bill, Poor Timing. .

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SAFE Banking Act Refiled on Heels of $17.5 Billion in U.S. Cannabis Sales in 2020

SpeedWeed

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

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Weekly Legislative Roundup 4/5/19

NORML

Governor Michelle Lujan Grisham (D) of New Mexico signed cannabis decriminalization legislation into law. An Arkansas House committee defeated a decriminalization bill this week to send it to study. Six municipalities in Wisconsin voted on non-binding marijuana related ballot questions, with 5 out of 6 passing. Actions to Take.

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The Future of Federal Marijuana Laws Remains Dazed and Confusing

NewsMunchies

More than 60% of adults believe marijuana should be legal for both medical and recreational use, and that figure is likely to rise over time as the public becomes more aware of the potential benefits of the plant. . Although, marijuana may be one of the truly bipartisan issues in the U.S. Since 2012, 18 states and Washington, D.C.,

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Several Cannabis Reforms Advance in Louisiana, Including a Decriminalization Bill

SpeedWeed

Comprehensive cannabis reform took hold in the House last Congress via the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act , which would have removed cannabis as a Scheduled I controlled substance and eliminated criminal penalties for an individual who manufactures, distributes or possesses cannabis. Jerrold Nadler, D-N.Y.,

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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. Guam became the first US territory to send a bill legalizing the adult-use of marijuana to the governor’s desk in 2019. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! House Judiciary Committee.