How a cannabis bill stopped being about weed September 27, 2023 AggregatedNews Banking, Finance & Real Estate 0 Comments Republican support for the cannabis banking bill is dependent on language preventing a revival of the Obama-era “Operation Choke Point.” Republicans were on the cusp of helping Democrats pass a landmark cannabis bill. Now a GOP feud over guns, oil… Read More→
US Senate looks at cannabis banking reform, but industry says it’s not enough September 27, 2023 AggregatedNews Banking, Finance & Real Estate 0 Comments A U.S. Senate committee on Wednesday will vote on whether to advance a bill that would allow the legal cannabis industry access to banking, an option that industry lobbyists have long sought. But even before the Senate Banking Committee takes… Read More→
Cannabis Measure Left Off Defense Bill in Setback for Industry December 6, 2022 AggregatedNews Federal 0 Comments Backers sought to ease path to passage before end of year. Some Republicans rejected adding extras on defense legislation A marijuana banking measure was left out of a must-pass defense bill, significantly narrowing the chances that legislation to clear the way… Read More→
Democrats are looking for a weed deal June 24, 2022 AggregatedNews Federal 0 Comments As this Congress enters its final months, lawmakers warm to the idea of cannabis banking “plus.” Senate Majority Leader Chuck Schumer doesn’t have the votes to pass a sweeping marijuana decriminalization bill — despite repeatedly touting his support for ending… 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→
U.S. Senate votes to expand cannabis research March 27, 2022 AggregatedNews Cannabis & Hemp Research 0 Comments A unanimous U.S. Senate has voted to expand research into cannabis to see if there are any medical benefits to the drug and its compounds, including cannabidiol. The Cannabidiol and Marihuana Research Expansion Act also would require the U.S. Department… 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→
Republicans are watching their states back weed — and they’re not sold June 29, 2021 AggregatedNews Federal 0 Comments Montana, South Dakota and Mississippi are among the states that have recently passed legalization referendums. Marijuana’s popularity boom in red states isn’t breaking through with conservatives on Capitol Hill, pinching an already narrow path to federal legalization. A growing number… Read More→
Marijuana vote poses November risk for Democrats September 9, 2020 AggregatedNews Policy & Legal 0 Comments Democrats are taking an unprecedented gamble this month: voting to legalize cannabis at the federal level. The MORE Act would remove the penalties for marijuana, erase some criminal records and create grant programs for people hit especially hard by the… Read More→
Hemp CBD industry facing uncertainties during election year August 27, 2020 AggregatedNews Hemp Policy & Legal 0 Comments If Democrats take control of the Senate following the 2020 election, the hemp industry could arguably suffer a significant loss since Mitch McConnell will no longer be Senate majority leader. U.S. Sen. Mitch McConnell has long been a powerful advocate… Read More→
The CEO of the largest marijuana company says a blue wave could trigger legalization ‘very quickly’ July 25, 2020 AggregatedNews Policy & Legal 0 Comments As prospects of Democrats taking back control of the Senate continue to grow, the CEO of the largest cannabis company by revenue is predicting it could lead to an expedited timeline of marijuana becoming legal in the U.S. at the… Read More→
Coronavirus spells doom for federal cannabis legislation May 13, 2020 AggregatedNews Policy & Legal 0 Comments Rep. Earl Blumenauer's (D-Ore.) road map for the current Congress ended in full legalization by the end of 2019. But instead of a complete overhaul of the nation's cannabis laws in the 116th Congress, one chamber passed one cannabis bill… Read More→
Nearing finish line, fight for cannabis banking bill shifts to the Senate October 2, 2019 AggregatedNews Banking, Finance & Real Estate 0 Comments Advocates are hopeful that a bill that would allow the financial sector to finally serve cannabis businesses could head to President Trump’s desk by the end of the year. The House in a strong bipartisan vote last week passed the Secure… Read More→
Congress just quietly passed a law that could spark a boom for the $1 billion marijuana-linked CBD industry December 12, 2018 AggregatedNews Hemp Policy & Legal 0 Comments This week, a plant that's nearly identical to marijuana is set to become legal to grow in the US. Thanks to the US Farm Bill, which the House passed on Wednesday in a 369 to 47 vote, American farmers will… Read More→
Senate easily passes sweeping opioids legislation, sending to President Trump October 4, 2018 Press Release Policy & Legal 1 Comment The bill is a rare bipartisan achievement for Congress The Senate passed the final version of a sweeping opioids package Wednesday afternoon and will send it to the White House just in time for lawmakers to campaign on the issue… Read More→