Sep 27 2023
New research published today in the Journal of the American Medical Association Psychiatry found that in Oregon and Washington, two states that implemented drug decriminalization policies in early 2021, there is no evidence of an association between decriminalization and fatal drug overdose rates. The findings are the result of a collaboration between the Center for Opioid Epidemiology …
Sep 27 2023
Shortly after the Senate Committee on Banking, Housing and Urban Affairs passed the SAFER Banking Act (S.2860), Senate Majority Leader Chuck Schumer vowed to give it a floor vote. Senator Schumer says that the SAFER Banking Act will receive a vote in the full Senate “very soon”, indicating he’s confident it has enough support to …
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 …
