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Fed Chair To Senate: “I think it would be great to have clarity,” On Cannabis

NORML

As the tentacles of the federal policy of cannabis prohibition run deep into nearly every sector of American public policy, a new voice emerged to call for clarity regarding state-legal cannabis marketplaces: Federal Reserve Chair Jerome Powell.

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Oregon: OLCC – OLCC implores Congressional Representatives to make safe banking a top priority now Cash-laden Cannabis Businesses targeted

Cannabis Law Report

Portland, OR. – Outdated federal barriers to banking services continue to severely impact the legal cannabis industry in Oregon and nationwide. Cannabis banking should be a priority,” stated OLCC Chair Paul Rosenbaum. He continued, “This is certainly an achievable policy step that will save lives – now.”.

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Weekly Legislative Roundup 1/18/20

NORML

The US House Energy and Commerce Subcommittee on Health will hold a legislative hearing entitled “Cannabis Policies for the New Decade.” ” This marks the first time that members of the Energy and Commerce Committee will hear and debate issues specific to marijuana policy reform. CO resident? NH resident? NH resident?

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Article – National Law Review: House Vote on Cannabis Industry-Related SAFE Banking Act Scheduled for September 2019

Cannabis Law Report

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. His corporate practice focuses primarily in the areas of mergers and acquisitions, corporate finance, capital raising (debt and equity), and bank regulatory compliance.

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Further Delays To Cannabis Dispensaries Opening In Maine

Cannabis Law Report

State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. Maine is “very close” to issuing the first round of conditional recreational business licenses, said Erik Gundersen, the director of the Office of Marijuana Policy. Read their full report at.

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ABA (American Bankers Assoc) & CUNA (Credit Union National Association) Team Up On Cannabis

Cannabis Law Report

In a joint op-ed in Fox Business today, American Bankers Association President and CEO Rob Nichols and Credit Union National Association President and CEO Jim Nussle called on lawmakers to resolve the existing conflict between federal and state law with respect to proceeds from cannabis-related businesses.

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Foothill Capital Management Announces the Cannabis Growth ETF

Cannabis Law Report

The Cannabis Growth ETF will be traded on the NYSE ™ , and will pursue the identical investment objective, apply the same investment policies and use the same principal investment strategies as the Fund. About Foothill Capital.

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