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Attorneys General Push for Marijuana Banking Reform

NORML

Attorneys Generals from 34 states and territories sent a letter today to Congressional leadership urging members to expeditiously pass The Secure and Fair Enforcement (SAFE) Banking Act so that state-licensed cannabis business can explicitly engage in relationships with banks and other financial institutions.

Banking 360
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Can Cannabis Businesses Be Insured?

Veriheal

Current statistics from the Anthenum Collective show that more than 67% of Americans believe cannabis should be legal, and legal cannabis sales are expected to achieve a value of $73.6 States that have legal access to medical and recreational cannabis often work with state-regulated insurers to obtain limited property and liability coverage.

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Lazarus Naturals Launches Its New Sleep Collection Introducing CBN

Cannabis Law Report

–(BUSINESS WIRE)– #Hemp — Lazarus Naturals knows that a healthy sleep cycle directly impacts its customers productivity levels and overall health. The company recently announced its Sleep Collection , introducing the addition of CBN—known to improve sleep and reduce pain. “It PORTLAND, Ore.–(BUSINESS

Sleep 81
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Newly Published Paper: Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act

Cannabis Law Report

According to its sponsors and supporters, the Safe and Fair Enforcement (‘SAFE’) Banking Act would help address the challenges faced by small cannabis businesses that cannot currently access banking services or loans. But unfortunately, SAFE, as written, is unlikely to result in equitable access to financial services.

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It is Time to Acknowledge Reality and End Federal Marijuana Prohibition

NORML

Today, we stood with Representatives Tulsi Gabbard and Don Young as they introduced the Ending Federal Prohibition Act and Marijuana Data Collection Act. Despite this economic boon, marijuana businesses are still unable to utilize financial services and face issues regarding taxation that no other legal business faces.

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Weekly Legislative Roundup 6/14/19

NORML

House of Representatives’ Small Business Committee will hold a hearing on Wednesday on the challenges and opportunities small businesses face in the cannabis industry. Activists in Mississippi have collected approximately two thirds of the needed signatures to qualify a medical cannabis ballot initiative in 2020.

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WSU researchers team with Puyallup tribe on medicinal cannabis research

Cannabis Chronicles

McDonell said research institutions are limited in their access to cannabis users by federal laws that could affect funding. While there are methods available for collecting that data, including a smartphone app called “Releaf,” there are still patients who are wary of sharing information, even anonymously, due to federal laws, she said.

Medicine 140