Sep 27 2023
A key Senate committee has given approval to groundbreaking legislation that would explicitly allow banks and financial services to work with marijuana businesses that are legal under state law. The United States Senate Committee on Banking, Housing and Urban Affairs gave approval to the SAFER Banking Act today, a week after its introduction. The vote …
Sep 26 2023
The 2023 Cannabis Job Fair will take place in Union County, New Jersey on Wednesday, October 11. The fair, taking place at 40 West Jersey Street, Elizabeth, New Jersey in room 519 of the Kellogg Building (Union College), is being put on in a collaboration between the Union County Board of County Commissioners, the Elizabeth …
Sep 26 2023
A North Carolina bill that would regulate the sale of kratom and products made from hemp is likely to become law this year. A spokesperson for Governor Cooper says he will likely sign House Bill 563 into law if given the opportunity. The proposal was passed unanimously through House of Representatives recently in a 110 …
Sep 26 2023
Tomorrow, September 27, the US Senate Banking Committee will vote on a groundbreaking piece of legislation that will allow marijuana businesses that are legal under state law to more easily access banks and other financial services. The SAFER Banking Act (S.2860) would provide federal protections for banks, credit unions and other financial institutions accepting deposits, …
Sep 26 2023
A law allowing marijuana retail outlets in Alaska to give free samples and advertise their business goes into effect soon. Signed into law by Lt. Governor Nancy Dahlstrom on September 8, the new law goes into effect on October 8. The new removes a law prohibiting marijuana businesses from purchasing advertising for their company. Although …
Sep 25 2023
According to a new report conducted by RationalStat, the global market for growing and processing marijuana is around $32 billion. The report estimates that the market will triple to reach a valuation of nearly $100 billion by 2023. This would mark a compound annual growth rate of over 16%. “The factors contributing to the growth …
Sep 25 2023
At a recent event President Biden emphasized the actions he has taken towards reforming our marijuana laws while working to help remedy some of the negative consequences associated with prohibition. “I’m keeping my promise that no one – no one – should be in jail merely for the use or possession of marijuana” said President …
Sep 25 2023
The CEO of the National Conference of State Legislatures (NCSL) has sent a letter to Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell urging them to pass the Secure and Fair Enforcement Regulation (SAFER) Banking Act. “Our current system relies on cash-only cannabis transactions, increasing the real risk that these cannabis businesses …
Sep 25 2023
Starting October 1 Michigan will no longer test potential government employees for marijuana. The Michigan government employs nearly 50,000 people, and roughly two-thirds of these positions will no test those seeking employment for marijuana use. This is due to a rules change made this summer by the Michigan Civil Service Commission, which unanimously approved the …
Sep 24 2023
The Jersey City Police Department must reinstate a second officer fired over marijuana, according to a new ruling. The New Jersey Civil Service Commission has ordered the Jersey City Police Department to reinstate Omar Polanco, who was fired in March for his off-the-job marijuana use. The decision affirms a ruling by the Office of Administrative …
