Jun 05 2024
Vice President Kamala Harris, in an interview on Jimmy Kimmel Live, implied that calling marijuana a gateway drug is antiquated thinking and suggested that resources spent on marijuana prohibition would be better used to combat opioid addiction. During the interview Jimmy Kimmel focused heavily on the Biden and Harris Administration’s recent efforts to reform federal …
Jun 05 2024
The Ohio Department of Cannabis Control (DCC) has posted online instructions for those wanting to apply for a dual license to sell both medical marijuana and recreational marijuana, with the application process officially opening on Friday. “Applications and materials related to the conversion of a current medical marijuana license to a dual-use cannabis license and …
Jun 05 2024
Federal legislation designed to permit banks to engage with licensed marijuana businesses has now received 124 bipartisan sponsors in the US House of Representatives. The SAFE Banking Act (H.R. 2891) has gained an additional sponsor, Congressmember Bonnie Watson Coleman (D-NJ), who joined the initiative yesterday. This proposed law aims to offer federal protections for banks …
Jun 05 2024
In the two weeks since the Drug Enforcement Administration (DEA) filed its plan in the Federal Register to reschedule marijuana, public engagement has surged, resulting in over 11,000 comments submitted. Upon the DEA’s submission of its proposal on May 21, a 60-day public comment period was officially initiated, set to conclude on July 22. In …
Jun 04 2024
The full US House of Representatives has given approval to an amendment that would allow Department of Veterans Affairs (VA) doctors to recommend medical marijuana. Currently, under the law, VA doctors are prohibited from recommending medical marijuana to their patients, even if those patients reside in states where medical marijuana is legal. However, a provision …
Jun 04 2024
A Republican-led committee in the United States House of Representatives has released a spending bill that would allow Washington D.C. to open recreational marijuana stores roughly a decade after the district legalized them, while also allowing banks to work with state-legal marijuana businesses. The House Appropriations Financial Services and General Government (FSGG) Subcommittee has released …
Jun 04 2024
Currently, two states are guaranteed to be voting on marijuana legalization initiatives this November, with a few others vying to join that list. At the time of publication, Florida and South Dakota are the two states with marijuana legalization initiatives definitely being voted on this November. However, Arkansas and North Dakota also have legalization initiatives …
Jun 04 2024
In March, there was over $70 million in legal marijuana sold, and over $10 million in marijuana taxes garnered in Nevada. Data released by the Nevada Department of Taxation Cannabis Tax Revenue shows that there was $73,167,470 worth of marijuana and marijuana products sold through legal means in March. This is considerably lower than the …
Jun 04 2024
U.S. Senator Jacky Rosen (D-NV) led 10 of her colleagues in sending four letters to Senate Appropriators requesting robust funding to support a wide array of small businesses in Nevada, including one letter focused on marijuana businesses. These requests would provide $37 million for the Rural Business Development Grant Program and $10 million for the …
Jun 04 2024
An amendment that would allow physicians at the Department of Veterans Affairs (VA) to recommend medical marijuana to their patients has been approved by the House Rules Committee. The House Rules Committee yesterday gave approval to an amendment to a $1.5 trillion Military Construction, Veterans Affairs and Related Agencies appropriations bill that would provide veterans …
