Senate Majority Leader Chuck Schumer, Oregon Sen. Ron Wyden and New Jersey’s Cory Booker released a letter Thursday asking senators whose states have legalized marijuana and those who sit on committees with oversight of federal drug policy to share their thoughts as the three attempt to perfect the legislation.
Keep Reading Schumer, Booker, Wyden ask Senate colleagues for help on cannabis reform
Cannabis dispensaries throughout the country came one step closer to using banks the way many other businesses can when the U.S. House on Friday cleared a bill with sweeping changes to banking regulations.
Keep Reading US House advances SAFE Banking, but final passage uncertain
The 1971 Controlled Substances Act lists marijuana in the most dangerous category defined in the law, on par with cocaine and heroin because of its supposed potential for abuse and lack of medical applications.
Keep Reading Federal law still prohibits cannabis, creating headaches for states
“Drug Policy Alliance could not throw its weight behind the strategy of including SAFE Banking in the NDAA because it really falls short of what we need.” -Maritza Perez, Drug Policy Alliance
Keep Reading Cannabis ’21: SAFE Banking exposes a rift among advocates
While defense bills don’t usually interest cannabis advocates, an amendment added by Representative Ed Perlmutter (D-CO) included the language of the SAFE Banking Act in the NDAA. With the standalone bill stalled in the Senate Banking Committee, an amendment to the “must-pass” legislation could be the key.
Keep Reading Head of NORML optimistic on cannabis banking through NDAA
Recent weeks have seen movement on two important pieces of federal cannabis reform. Cannabis banking was attached to a national defense bill and the MORE Act was voted out of committee.
Keep Reading Cannabis Banking: Defense amendments and the MORE Act
Federal credit agency official: Legalization in some form is going to happen, and the abdication of responsibility to address these issues in Washington is simply ludicrous.
Keep Reading Cannabis Banking: Federal official calls out stalling lawmakers
For the second part of “Why do we need cannabis banking?” we wanted to hear the female perspective. Who better to ask than a group founded to support female cannabis entrepreneurs?
Keep Reading Why do we need cannabis banking? (Women Grow)
Profiles in Legalization asked cannabis community leaders for their thoughts on the need for cannabis banking. This article is the first in a series based on their responses.
Keep Reading Why do we need cannabis banking? (Part 1)