Senate Democrats to reportedly push banking reforms for cannabis industry December 5, 2022 AggregatedNews Banking, Finance & Real Estate 0 Comments Democrats in the Senate will push to liberalize banking access to the cannabis industry during the lame duck session, it was reported on Saturday, in moves being watched closely by the Department of Justice which is concerned that reforms could… Read More→
Schumer faces pressure to get cannabis banking reform through Senate October 30, 2022 AggregatedNews Federal, Policy & Legal 0 Comments Cannabis entrepreneurs in New York and New Jersey sent a letterto Senate Majority Leader Chuck Schumer on Friday, urging him to bring a bill known as the SAFE Banking Act up for a vote before the end of the year.… Read More→
Federal bill to legalize marijuana would help, not hurt, the illicit market July 28, 2022 AggregatedNews Federal 0 Comments During the next year, California officials said last week, the state expects to seize “more than $1 billion worth of illegal cannabis products.” That announcement came a few weeks after the U.S. Justice Department bragged about guilty pleas by 11… Read More→
Schumer’s legal weed bill is finally here July 21, 2022 AggregatedNews Federal 0 Comments Senate leaders are introducing sweeping legislation Thursday meant to lift federal prohibitions on marijuana more than 50 years after Congress made the drug illegal. Senate Majority Leader Chuck Schumer’s Cannabis Administration and Opportunity Act would decriminalize weed on the federal level… Read More→
Timeline for marijuana legalization bill slips in Senate April 15, 2022 AggregatedNews Federal 0 Comments Democratic senators leading a push to legalize marijuana say they are now on track to introduce legislation before recess in August, after initially announcing plans to file a comprehensive reform bill later this month. Senate Majority Leader Charles Scumer (D-N.Y.)… Read More→
Democrats face tough climb on winning Senate approval of legal marijuana April 11, 2022 AggregatedNews Policy & Legal 0 Comments Senate Majority Leader Charles Schumer (D-N.Y.) is facing significant obstacles in his legislative push to legalize marijuana, with resistance from Republicans and members of his own party threatening chances of passage in the upper chamber. Schumer has said that his aim is… Read More→
House poised to pass bill legalizing marijuana March 28, 2022 AggregatedNews Policy & Legal 0 Comments The House is poised to pass legislation this week that would legalize marijuana, just the latest example of the swiftly changing attitudes on drug laws that marks a near reversal from the Reagan-era “war on drugs” that also reverberated through… Read More→
Budget deal is latest sign of Democrats’ empty weed promises March 13, 2022 AggregatedNews Federal 0 Comments Fourteen months after taking control of the federal government, they’ve done nothing to loosen federal marijuana restrictions. On the brink of gaining control in Washington, Sen. Chuck Schumer said emphatically in 2020 that “I am going to do EVERYTHING I… Read More→
The Country’s Evolving Marijuana Debate April 21, 2021 AggregatedNews Federal 0 Comments Democrats at the national level increasingly see the drug as a unity issue. Six years ago, when John Fetterman first ran for the Democratic Senate nomination in Pennsylvania, he spoke out about his support for legalizing marijuana. He was the… Read More→
Democratic Senators Elevate Federal Cannabis Reform To High Priority March 15, 2021 AggregatedNews Policy & Legal 0 Comments On February 1, Senators Cory Booker and Ron Wyden, alongside Senate Majority Leader Chuck Schumer issued a joint statement announcing that marijuana reform bills would be merged as Congress moves toward some form of federal cannabis legalization. In the wake… Read More→
Pot for All: How Congress Is Trying to Make Weed Legal May 30, 2018 AggregatedNews Policy & Legal 0 Comments From decriminalization to opening up the banking industry, both sides of Congress are preparing cannabis bills – but with much different approaches Over the past decade, marijuana legalization has happened at break-neck speed at the state and local level. And yet,… Read More→
The One Thing Chuck Schumer and Mitch McConnell Can Agree On: Hemp May 8, 2018 AggregatedNews Hemp Policy & Legal 0 Comments There's not much that the U.S. Senate's top Republican and top Democrat agree on. But one of the few things that fosters bipartisan cooperation in Washington, D.C. these days is cannabis. On Friday, Minority Leader Chuck Schumer (D-NY) announced that he's… Read More→
Schumer to introduce bill to decriminalize marijuana April 19, 2018 AggregatedNews Policy & Legal 0 Comments Senate Minority Leader Chuck Schumer (D-N.Y.) said on Thursday that he would introduce legislation to decriminalize marijuana at the federal level, marking a significant shift in policy for the Democratic leader and lending the movement to lower government barriers to… Read More→