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At the state level, a new decriminalization law took effect this week in Hawaii involving the possession of up to three grams of marijuana, as well as a procedure for expungement of past convictions for the same amount. Legislation is pending, A1897, to decriminalize the possession of small amounts of marijuana. FL resident?
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. Click here to email your lawmakers in support of compassionate care programs. CA resident? HI resident? Update : H.122 ID resident?
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.
New York state lawmakers approved legislation on Friday to further expand cannabis decriminalization and expunge certain records. Click here to email your lawmakers in support of compassionate care programs. Click here to email your lawmakers in support of banking access. The bill now heads to the Governor. CA resident?
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. At a more local level, the Cincinnati, Ohio city council approved a measure to decriminalize up to 100 grams of cannabis possession. California.
Manor Township, Pennsylvania is considering a proposal that would decriminalize cannabis possession. Legislation is pending, House Bill 2555, to decriminalize small amounts of marijuana possession. Click here to email your lawmakers in support of decriminalization. Click here to email your lawmakers in support of banking access.
This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. AL resident?
A decriminalization bill was defeated in the Missouri House of Representatives this week. At a more local level, The city commissioners of Daytona Beach voted to decriminalize up to 20 grams of marijuana possession. Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana.
House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week. If passed, this bill would establish a comprehensive medical cannabis program that provides qualified patients access to physician-authorized medical cannabis via licensed providers. A subcommittee of the U.S. IA resident?
House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. And Steelton Borough, Pennsylvania passed an ordinance to decriminalize up to 30 grams of cannabis possession. Click here to email your lawmakers in support of compassionate care programs. CA resident?
Since then, states in many diverse areas of the country have begun to enact their medical marijuana programs under the argument of state rights. However, SAM does find common ground with legalization advocates on decriminalization, suggesting that it offers a more measured approach for governments compared to full legalization.
Iowa votes to reform its medical marijuana program. New Jersey considers decriminalization. The Iowa Senate passed a bill making changes to the state’s medical marijuana program. There’s plenty of state news also. Maine faces lawsuits over its out-of-state licensing. aba/sba correspondence. It sets a THC cap of 4.5
The big news this week is that, for the first time ever, a cannabis bill, the SAFER Banking Act, got a markup in the Senate. SAFER BANKING Although the SAFE Banking Act has passed multiple times in the House of Representatives, it’s never gotten out of committee in the Senate. Spoiler alert: the two don’t mix.
At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. Days later, the Chief Deputy announced that the cite and release program will be put on hold, without further details. Click here to email your lawmakers in support of banking access.
Senator Ron Wyden and Congressman Earl Blumenauer introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs. New Mexico’s new decriminalization law takes effect this coming Monday July 1. Click here to email your lawmakers in support of compassionate care programs. California.
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. .
Merry, that is, for supporters of medical cannabis in Alabama, where the Governor signed a program into law. The dog days of August brought us Louisiana decriminalizing marijuana. Cory Booker (D-NJ) announced his opposition to the SAFE Banking Act. And then it was the merry, merry month of May. Regulatory confusion continues.
At the state level, the North Dakota House of Representatives defeated a decriminalization bill on the House floor by a narrow 43-47 vote. Click here to email your lawmakers in support of banking access. Senate Bill 477, to protect the rights of parents and guardians who participate in the state’s medical cannabis access program.
In past years, the NAACP endorsed various measures aimed at decriminalizing cannabis. Ademola Oyefeso , UFCW’s Head of Legislative and Political Action, recently appeared before the Senate Banking Committee to advocate for cannabis banking reform — an essential component of the industry’s financial stability.
The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. ” At a more local level, the decriminalization policy in Dayton, Ohio went into effect this week. MO resident?
New Jersey is talking about decriminalizing marijuana. Now, Governor Phil Murphy is pushing for statewide decriminalization , as a stop-gap measure. And in Wisconsin , Governor Tony Evers signed legislation making the state’s pilot hemp program permanent. Also, its rules now align with the 2018 farm bill.
Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana. Click here to email your lawmakers in support of decriminalization. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of decriminalization.
In February, we saw the first ever Congressional hearing on cannabis banking. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). On to July, when the Senate Banking Committee had a hearing on cannabanking. The Senate failed to take action on the banking bill.
It’s Impossible to Bank in the Weed Industry. Curious about why it’s impossible to bank in the weed industry? The answer is simple: Many credit card companies and banks are afraid to give accounts to people in the marijuana business. Weed Is Decriminalized in 15 States. On the bright side, the U.S.
– Thirty-seven states allow for medical cannabis use through state run programs. Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. [1] 1] The most recent state to pass legislation is Rhode Island, which authorized an adult use program.
Cuomo today announced 30-day amendments to the Governor’s proposal to establish a comprehensive adult-use cannabis program in New York. The grants from this program may also be used to further support the social and economic equity program. ALBANY, New York, Feb. 17, 2020 – PRESS RELEASE – Governor Andrew M.
In order to register for Virginia’s medical cannabis program, patients must first receive a written certification from a registered physician. “This decriminalization doesn’t even address or touch on all the collateral consequences that come along with a misdemeanor prosecution.” But there are bad actors.”
and decriminalized in many others. This trend of decriminalization means the market is prime for those looking to start weed businesses. Banks typically don’t provide loans to cannabis ventures especially, those directly involved with the plant or its derivatives. Most banks are under the federal government.
Connecticut (recreational cannabis is decriminalized, in quantities under.5 Delaware (recreational weed is decriminalized but is still illegal). . Hawaii (recreational cannabis has been decriminalized but is still illegal). . Minnesota (recreational weed is decriminalized but is still illegal). . New Mexico.
These numbers are likely to increase substantially in the next few years as more than half the states have pending legislation legalizing cannabis for some use or decriminalizing the drug. There has been some relief for the industry as some regional banks and credit unions have begun offering financial services to cannabis businesses.
Senate Majority Leader Chuck Schumer has thrown his weight behind cannabis decriminalization, producing a draft bill this summer that would regulate a nationwide industry and force siloed state markets to interact with each other.
DECRIMINALIZATION. DECRIMINALIZATION. Senate Bill 46 : The legislation establishes a medical cannabis access program that permits registered patients to possess up to “70 daily dosages” of medical marijuana at one time, with each dose at a maximum of 50 milligrams. View Legislation by Category. LEGALIZATION. MEDICAL MARIJUANA.
Edwards also signed a bill to protect banks serving medical cannabis businesses from state penalties ( HB 211 ) and one to protect physicians and medical facilities involved in medical cannabis ( HB 418 ). You can also reach out to urge your lawmakers to support decriminalization or legalization of cannabis.
The MORE Act not only removes marijuana from Schedule I under the Controlled Substances Act (CSA), but it ushers in a regulatory framework for taxing the sale of cannabis products and using the tax receipts to fund a number of equity and economic programs for those adversely impacted by the War on Drugs. Chuck Schumer (D-NY), and Rep.
From the South, McKay has a long history of business and civic involvement, serving on community and company boards including US Bank, The Daily Beast, Pike Place Market, Mary’s Place, Pilchuck School of Glass, and Seattle Opera. He has developed partnerships for companies like Costco, Fisher Media, and the biotechnology space.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Kevin Hart, CEO and Founder of Green Check Verified , a leading provider of cannabis banking solutions and expert advisory services for financial institutions. It’s verified, and that money can enter the US banking system. How does that money?
Rather, defendants will be ordered to complete a diversion program or partake in community service. AUSTIN, Texas (FOX 7 Austin) – A Texas State House Committee Monday night approved a bill to decriminalize the possession of marijuana under specific conditions. West Virginia law clears path for medical marijuana banking.
Notably, restorative justice measures in the bill include the expungement of non-violent federal cannabis offense convictions, as well as restorative justice and opportunity trust funds reserved for certain reinvestment programs. We applaud the introduction of legislation that would federally decriminalize cannabis.
Notably, restorative justice measures in the bill include the expungement of non-violent federal cannabis offense convictions, as well as restorative justice and opportunity trust funds reserved for certain reinvestment programs. We applaud the introduction of legislation that would federally decriminalize cannabis.
Notably, restorative justice measures in the bill include the expungement of non-violent federal cannabis offense convictions, as well as restorative justice and opportunity trust funds reserved for certain reinvestment programs. We applaud the introduction of legislation that would federally decriminalize cannabis.
For example, in Texas, a state which continues to resist the decriminalization and regulation of marijuana, possessing two ounces or less of marijuana is punishable by up to 180 days in jail and a $2,000 fine. A Tale of Two States.
Decriminalization Legislation Introduced in Texas. West Virginia Bill Would Give Banking Access to Cannabis Companies. Governor Mark Gordon has signed into law a bill that approves funding for a regulatory program to grow and sell hemp. Jason Nemes, a leading sponsor of the bill. Where there’s a will there’s a way.
Cuomo today announced 30-day amendments to the Governor’s proposal to establish a comprehensive adult-use cannabis program in New York. The grants from this program may also be used to further support the social and economic equity program. ALBANY, New York, Feb. 17, 2020 – PRESS RELEASE – Governor Andrew M.
Dana Rohrabacher (R-CA)] language was passed on the House floor in order to restrict the Department of Justice’s ability to enforce federal prohibition against the states that have legalized medical marijuana programs. Congress should now consider expanding the provisions to cover those states that have decriminalized marijuana generally.”.
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