An advisor to President Trump tells The Marijuana Herald that the president continues to support federal cannabis banking reform, including newly filed legislation in the U.S. Senate. The longtime senior advisor said Trump “continues to support cannabis banking, including legislation filed today in the Senate.” The advisor also said Trump plans to publicly back the …
Category: News
Latest cannabis news covering legalization, legislation, court rulings, business developments, research, sales data, regulatory updates and policy changes across the U.S.
SEC Dismisses Case Against Marijuana Company Grown Rogue
The U.S. Securities and Exchange Commission has dismissed an enforcement proceeding against Grown Rogue International, allowing the marijuana company to avoid the potential revocation of its securities registration after catching up on years of missed reports. In an opinion issued June 22, the SEC found that Grown Rogue violated federal reporting requirements by failing to …
U.S. Congress: Bipartisan Senators Refile SAFE Banking Act to Protect Financial Services for Marijuana Businesses
A bipartisan group of U.S. senators has refiled legislation (Senate Bill 4942) to protect banks, credit unions and other financial institutions that provide services to state-legal marijuana businesses. The Secure and Fair Enforcement Banking Act, commonly known as the SAFE Banking Act, was filed by U.S. Senator Jeff Merkley (D-OR) and is cosponsored by Senators …
Glass House Brands Approved to List Shares on NYSE Next Week
Glass House Brands announced today that its subordinate voting shares have been approved for listing on the New York Stock Exchange, with trading expected to begin next week under the ticker symbol GLAS. The company said the shares are expected to begin trading on the NYSE at the opening of trading on June 30. Glass …
Poll: Pennsylvania Voters Strongly Support Legalizing, Regulating and Taxing Adult-Use Marijuana
A new poll of Pennsylvania voters finds broad support for legalizing, regulating and taxing adult-use marijuana, with voters also strongly backing age restrictions and safety regulations for intoxicating cannabinoid products. The Public Policy Polling survey, conducted June 16-17 among 589 Pennsylvania voters, found that 74% agree that Pennsylvania should legalize, regulate and tax adult-use cannabis, …
Delaware Senate Committee Advances Bill to Regulate THC-Infused Beverages
Delaware’s Senate Banking, Business, Insurance & Technology Committee today advanced legislation that would create a statewide regulatory system for THC-infused beverages, sending the measure to the Senate Finance Committee. House Bill 373 has already passed the House, which approved it on June 16 in a 34 to 5 vote, with one member not voting and …
D.C. Council to Hold Public Hearing Next Week on Four Medical Cannabis Bills
The D.C. Council is set to hold a public hearing next week on four medical cannabis bills, including proposals dealing with license timelines, retailer product preparation, cannabis-infused beverages and how certain location and protest rules apply to licensed businesses. The July 2 hearing will be held by the Committee of the Whole, chaired by Council …
White House Asks Congress to Revise Federal Hemp Rules in New Letter to Speaker Johnson
The Trump administration is asking Congress to revise federal hemp regulations as part of a supplemental funding request sent today to House Speaker Mike Johnson. The June 24 letter, signed by Office of Management and Budget Director Russell T. Vought, transmits an $87.6 billion supplemental request to Congress. While most of the package is focused …
DEA Judge Sets Schedule for Marijuana Rescheduling Hearing, Begins June 29
A Drug Enforcement Administration (DEA) judge has released the schedule for next week’s administrative hearing on the federal proposal to reclassify marijuana as a Schedule III substance. The hearing is scheduled to begin Monday, June 29, at the DEA Hearing Facility in Arlington, Virginia. It is expected to conclude no later than July 15. Chief …
California Senate Votes in Favor of Assembly-Backed Bill to Allow Drive-Thru Marijuana Sales
California’s full Senate has voted in favor of legislation that would allow licensed marijuana retailers to sell products through drive-thru windows. The proposal has already passed the full Assembly. Assembly Bill 2697, filed by Assemblymember Gail Pellerin (D), was approved on second reading in the Senate. The measure will still need to receive final approval …
