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The Week in Weed: September 29, 2023

The Blunt Truth

The big news this week is that, for the first time ever, a cannabis bill, the SAFER Banking Act, got a markup in the Senate. SAFER BANKING Although the SAFE Banking Act has passed multiple times in the House of Representatives, it’s never gotten out of committee in the Senate. Spoiler alert: the two don’t mix.

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The Year in Weed: 2019 Edition

The Blunt Truth

In February, we saw the first ever Congressional hearing on cannabis banking. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). On to July, when the Senate Banking Committee had a hearing on cannabanking. The Senate failed to take action on the banking bill.

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US Hemp Roundtable: Press Coverage Provides Sneak Peak Into U.S. Hemp Roundtable Virtual Fly-In

Cannabis Law Report

Ed Perlmutter (D-CO) and Andy Barr (R-KY) all opined on the progress of the SAFE Banking Act legislation that they’ve been industriously working on; Reps. Many producers expressed concerns that the DEA’s interim final rule would criminalize the processing of hemp extracts. Ron Wyden (D-OR), Jeff Merkley (D-OR) and Reps. By Kyle Jaeger.

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Weed and Worry — The Immigration Consequences of Engaging in the Cannabis Trade

The Blunt Truth

As several states and foreign countries have enacted laws decriminalizing or legalizing marijuana for medicinal or recreational use, a fresh rush of reefer madness has overtaken the business world. 1200 , The SAFE Banking Act, awaits a vote. The legal cannabis business is spreading like weeds. 4390 and S.

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Weed and Worry — The Immigration Consequences of Engaging in the Cannabis Trade

Cannabis Law Report

As several states and foreign countries have enacted laws decriminalizing or legalizing marijuana for medicinal or recreational use, a fresh rush of reefer madness has overtaken the business world. 1200 , The SAFE Banking Act, awaits a vote. By Angelo A. Paparelli on October 22, 2019. 4390 and S.

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The Year in Weed: 2020 Edition

The Blunt Truth

Ideas ranged from legalization on day one (Sanders) to decriminalization and expungement (Bloomberg). Virginia decriminalized marijuana. Senator Mitch McConnell (R-KY) objected to including cannabis banking in federal relief programs. The DEA released an interim hemp rule that the industry hated. Neither of them did.

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David Feldman – Hiller PC: Imperfect Schumer bill good step forward

Cannabis Law Report

Regulatory authority would move from the DEA to the FDA, but also the ATF and the Alcohol and Tobacco Tax and Trade Bureau (TTB). There are no provisions on banking, but making cannabis legal should remove money laundering issues. The fate of the SAFE Banking Act to enhance banking access for cannabis companies, which Sen.

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