Marijuana Banking Reform Passes House…Again

Marijuana Banking Reform Passes House…Again Amazon relaxed its drug testing policies for applicants, leaked documents reveal a prohibitionist congresswoman is quietly investing in cannabis stocks, and the House approved marijuana banking reform…for the fifth time. All that and more cannabis news today at 2 PM CST! ? Want help with…

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U.S. House Of Representatives Again Passes Cannabis Banking Safeguard Amendment

Today in cannabis news: State authorities in New York predict that cannabis tax revenue will eventually close a budget deficit caused by falling tobacco sales; while Amazon reiterates its backing for legalizing cannabis in the U.S., the corporation states that it has no position on cannabis “regulation, permitting, taxation, or…

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25% Federal Marijuana Tax, Not Enough Votes, Blocking the Safe Banking Act – Schumer’s Legalization Stumbles Out of the Gate

What we learned on the first real attempt to federally legalize marijuana in America Senator Shumer and Senator Booker have released their first attempt at Federal marijuana legalization called the Cannabis Administration and Opportunity Act, weighing in at 163 pages.  After reading the reviews and the document, I wanted to…

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Will the Senate Actually Pass the SAFE Banking Act and If So, When Will They Do It?

Marijuana businesses have been operating on an all-cash basis for years now. No thanks to the federal government’s ancient policies that make accessing the services of banks and lenders impossible for hemp-based companies. This circumstance makes the cannabis industry a target of crime. In 2017, a beacon of hope appeared…

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21 Governors Call For Congress To Pass The SAFE Banking Act

A bipartisan group of twenty-one state governors sent a letter to congressional leaders on Monday urging lawmakers to support a bill that would allow legal cannabis businesses to have access to traditional banking services. The measure, titled the Secure and Fair Enforcement (SAFE) Banking Act, was approved by the House…

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Marijuana Banking Bill is Back | 710 Morning Show | March 18, 2021

Marijuana Banking Bill is Back | 710 Morning Show | March 18, 2021 Marijuana companies have very hard time banking. That’s because the federal government still deems cannabis illegal and banks can’t touch criminal companies. A new bill would change all of that and allow banks to work with “state…

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New House Pandemic Relief Bill Includes Cannabis Banking Provisions

Democrats in the House of Representatives on Monday unveiled a new bill to address the ongoing economic impact of the COVID-19 pandemic. The bill, a pared-down version of the HEROES Act passed by the body earlier this year, continues support for cannabis banking provisions as it seeks to provide relief…

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