‘Now is the time’ for cannabis banking reform, key Democrat says
Federal lawmakers are inching closer to a deal on legislation that could include cannabis banking reform, a leading House Democrat says.
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Federal lawmakers are inching closer to a deal on legislation that could include cannabis banking reform, a leading House Democrat says.
U.S. marijuana retailers reported brisk business on April 20, the biggest day of the year for cannabis sales, despite setbacks from widespread e-commerce platform outages.
The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12% more than last year, according to analysis from the newly released MJBiz Factbook.
Supporters of long-awaited cannabis banking reform are pinning hopes on Congress packaging a marijuana bill with must-pass legislation.
Minnesota marijuana stakeholders are concerned that the forthcoming adult-use market will be undersupplied and/or delayed if cultivators can’t begin growing before lawmakers finish deliberating over the program’s rules.
Employees at a Cresco Labs cannabis cultivation facility in Fall River, Massachusetts, voted to de-unionize earlier this month.
Unionized workers at a Curaleaf Holdings marijuana store in Arizona remain without a contract despite a brief 4/20 protest on Saturday.