Remove Banking Remove Decriminalization Remove Law Remove Recreational
article thumbnail

The Bahamas’ Cannabis Legalization Bill for Medical and Religious Use

Veriheal

It has also decriminalized the possession of small quantities of cannabis. Most importantly, the use of cannabis for recreational purposes will no longer be against the law. The legalization proposal includes other bills that outline changes in regulation, pharmacies, and health professions laws.

article thumbnail

Argentina’s Congress Aprroves Law To Create Reg Framework “for public and private investments in the production of pharma-grade cannabis products.”

Cannabis Law Report

The law still needs to be signed by President Alberto Fernandez. ” The law passed the Senate last year, with ample support from state governors who are betting on cannabis to promote economic growth and sustainable development. .” This law provides for different types of authorizations and licenses.

Law 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Week in Weed: December 6, 2019

The Blunt Truth

New Jersey is talking about decriminalizing marijuana. Now, Governor Phil Murphy is pushing for statewide decriminalization , as a stop-gap measure. In other state news, Michigan ‘s sales of recreational cannabis began on Sunday, amid long lines of customers. For our take on that correspondence, see here. So is Brazil.

article thumbnail

Summer 2022: A Brief Cannabis Legalization Update

Cannabis Law Report

Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. [1] Some advocates are still pushing to pass the SAFE Banking Act, allowing banks insured by the FDIC to serve cannabis businesses without fear of violating federal law.

article thumbnail

The Week in Weed: June 12, 2020

The Blunt Truth

New Jersey considers decriminalization. The American Bar Association would like to change that, at least for those law firms that advise cannabis companies. Maine recently dropped a residency requirement for ownership of recreational marijuana businesses. There’s plenty of state news also. aba/sba correspondence.

Pets 95
article thumbnail

The Year in Weed: 2019 Edition

The Blunt Truth

In February, we saw the first ever Congressional hearing on cannabis banking. New Jersey failed to pass legislation legalizing recreational marijuana. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). The Senate failed to take action on the banking bill.

Banking 71
article thumbnail

Growth of the Legal Cannabis Industry Yields Challenges for Family Law Matters: Perspectives from an Attorney and a Business Appraiser

Cannabis Law Report

As of this writing, 18 states, the District of Columbia, Guam and the Northern Mariana Islands have legalized marijuana for recreational use, and another 13 states have decriminalized the use of marijuana. Times have changed. Times have changed.