U.S. Senate Committee to Hold Hearing on Cannabis Industry's Banking Challenges
The U.S. Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to discuss the various financial challenges facing the legal cannabis industry. The hearing, titled “Challenges for Cannabis and Banking: Outside Perspectives,” reflects the increasing pressure on Congress to pass the Secure and Fair Enforcement (SAFE) Banking Act.
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Nation's Largest Marijuana Policy Reform Group Publishes Report on Legislative Progress in 2019
With its recent legalization victory in Illinois topping the list, the Marijuana Policy Project has released a new report detailing cannabis policy reform efforts in 2019.
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Major Congressional Subcommittee Holds Historic Hearing to Discuss Ending Cannabis Prohibition
The U.S. House Judiciary Crime, Terrorism and Homeland Security Subcommittee held a hearing to discuss various legislative proposals to allow states to set their own cannabis policies without fear of federal interference.
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Illinois Gov. J.B. Pritzker Signs Bill Legalizing Cannabis With a Focus on Fairness and Justice
Gov. J.B. Pritzker signed the Cannabis Regulation and Taxation Act (CRTA) into law, making Illinois the 11th state to legalize cannabis. Illinois will become the second state to legalize cannabis possession via the legislative process and the first to legalize retail sales legislatively.
Read MoreMarijuana in its natural form is one of the safest therapeutically active substances known to man. By any measure of rational analysis marijuana can be safely used within a supervised routine of medical care. ... It would be unreasonable, arbitrary and capricious for DEA to continue to stand between those sufferers and the benefits of this substance in light of the evidence in this record.