Cannabis banking legislation passes House. Booker and other advocates have equity concerns. February 7, 2022 AggregatedNews Banking, Finance & Real Estate 0 Comments Legislation allowing banks to offer credit cards, checking accounts and other financial services to legal cannabis businesses passed the U.S. House Friday, the sixth time that the Democratic-controlled chamber approved such a measure. The Secure and Fair Enforcement, or SAFE Banking… Read More→
Congress Passes Marijuana Banking Reform, But Cannabis Is Still Cash Only—For Now April 20, 2021 AggregatedNews Banking, Finance & Real Estate 0 Comments In a bipartisan vote, the US House of Representatives on Monday approved reform of federal banking rules that would finally allow legal marijuana businesses to access banks. Now, ending a dangerous and unwieldy cash-only cannabis industry—and encouraging investment that would diversify and… Read More→
House passes bill to broaden marijuana research December 10, 2020 AggregatedNews Policy & Legal 0 Comments The House on Wednesday passed legislation that would expand scientists’ ability to study marijuana in states where the drug is already legal. The bill, which passed in a bipartisan voice vote, is the second time this month the House has… Read More→
As world moves forward on marijuana legalization, Iowa is stuck December 8, 2020 AggregatedNews Iowa 0 Comments Last week was a big one for marijuana reform across the world. The United Nations narcotics commission voted to remove cannabis from its list of most restricted drugs, with backing from the United States and the World Health Organization. The Mexican legislature advanced a… Read More→
Bill decriminalizing marijuana ‘great step’ but ‘largely symbolic,’ says cannabis COO December 7, 2020 AggregatedNews Policy & Legal 0 Comments This week became historic for the “legalize marijuana” movement, with the House of Representatives passing the MORE Act by a vote of 228-164 on Friday. The bill would decriminalize cannabis and marks the first time that Congress has ever voted on the… Read More→