Banking Decriminalization Programs Recreational 
The Blunt Truth
DECEMBER 5, 2019
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. Also, its rules now align with the 2018 farm bill.
The Blunt Truth
JUNE 11, 2020
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. Maine recently dropped a residency requirement for ownership of recreational marijuana businesses. aba/sba correspondence. new jersey.
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Cannabis Law Report
AUGUST 10, 2022
. – 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.
The Blunt Truth
DECEMBER 26, 2019
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.
Cannabis Law Report
SEPTEMBER 26, 2021
Two in three Americans live in a state that has approved the sale of recreational weed. 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.
Cannabis Law Report
MARCH 17, 2020
As of February 1, 2020, cannabis is legal for recreational and medical use by adults over the age of 21 in 11 states and Washington D.C., 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.
Otherside Farms
MAY 5, 2020
Still, it is legally approved for recreational use in many states and Washington, D.C., and decriminalized in many others. This trend of decriminalization means the market is prime for those looking to start weed businesses. Most banks are under the federal government. Obstacles in Cannabis Business Financing.
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