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Latest In: Marijuana banking

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DEA must ‘make good’ on marijuana rescheduling, Democratic lawmakers say

The U.S. Drug Enforcement Administration has offered federal lawmakers a rare glimpse into the ongoing marijuana rescheduling process.

News April 26
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‘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…

News April 25
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MJBiz Factbook: Marijuana industry will add $112.4 billion to US economy in 2024

The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12%…

News April 24
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Congress could include cannabis banking in FAA, crypto bills

Supporters of long-awaited cannabis banking reform are pinning hopes on Congress packaging a marijuana bill with must-pass legislation.

News April 24
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Dutchie marijuana retail customers report system crashes on 4/20

Marijuana retailers using Dutchie e-commerce systems reported widespread outages on April 20, the cannabis industry's top day for…

News April 22
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‘This is the last 4/20’ with marijuana as Schedule 1, congressman predicts

The U.S. Drug Enforcement Administration will sign off on moving marijuana to Schedule 3 of the Controlled Substances…

News April 19
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Marijuana banking ‘unlikely’ to pass Republican House, GOP senator says

The latest Congressional leadership crisis means the Republican-controlled House of Representatives is “unlikely” to take up marijuana banking…

News April 16
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Schumer, Senate Democrats signal new attempt at federal marijuana legalization

Top Senate Democrats circulated a letter Monday asking colleagues to sign on to an ambitious federal marijuana legalization…

News April 10
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Calling marijuana a ‘gateway drug,’ House GOP opposes banking reform

Congressional Republicans should oppose marijuana reform, including banking protections, because MJ is a “dangerous, addictive … gateway drug,”…

News March 26
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Treasury Secretary Yellen renews support for marijuana banking reform

U.S. Treasury Secretary Janet Yellen reiterated her support of marijuana banking legislation such as the SAFE Banking Act,…

News March 22
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