The push to pass major federal cannabis banking reform resumes in earnest Thursday during a Democratic-controlled U.S. Senate Banking Committee hearing on the challenges that a largely cash-based industry poses to small businesses and employees.
Bipartisan legislation to reform federal banking laws and allow legal marijuana businesses easier access to financial services has been reintroduced in Congress, boosting cannabis stocks in Thursday trading and giving the industry hope for more bullish times ahead.
Kentucky Gov. Andy Beshear signed a bill legalizing medical marijuana in the state into law on Friday, fulfilling an earlier promise.
The Kentucky House on Thursday approved legislation legalizing medical cannabis, sending the bill to Democratic Gov. Andy Beshear for his expected signature.
Kentucky is on track to legalize medical marijuana after a bill passed in the state Senate, but an MMJ measure in Kansas is essentially dead.
Delta-8 THC products sold in Kentucky would be restricted to buyers 21 and older and would have to comply with testing and labeling requirements under a bill sailing through the state Legislature.
There’s a growing push in Washington DC for lawmakers to consider marijuana reform during discussions about the next Farm Bill.
Rep. Nancy Mace, of South Carolina, is on U.S. House Speaker Kevin McCarthy’s good side.
On the surface, the Republican congresswoman’s loyalty should be good news for marijuana legalization’s prospects on Capitol Hill.
The U.S. Food and Drug Administration’s announcement Thursday that it won’t regulate products containing CBD and will instead pass that buck to Congress means the preservation of the current, uneasy status quo for now.
Greenlight Dispensary CEO John Mueller discusses his company’s business strategy, growth plans and expectations after a challenging year for the marijuana industry.
After SAFE Banking failed in Congress, we take a look at what went wrong and what’s next for banking options for the marijuana industry.
The nation’s biggest marijuana industry voices begrudgingly acknowledged on Monday what Capitol Hill insiders believed for weeks was inevitable: Joe Biden’s first two years in office will end without federal marijuana banking reform.
