Excitement About Medical Marijuana - US News

Purveyors of legal cannabis are very carefully praising a Democrat-backed Senate expense to end the federal restriction of pot, saying their organizations have been stymied by banking regulations that require them to handle money and make them a target for burglars. For the first time in history, some Senate Democrats introduced an expense to legalize cannabis at the federal level and remove cannabis from the federal list of regulated compounds-- laws that resulted in more than 1.

Federal laws have also developed a legal gray location for companies operating in states where cannabis is legal. The Marijuana Administration and Opportunity Act is backed by Senate Bulk Leader Chuck Schumer, D-N.Y., who called the legislation "significant." A customer holds up cannabis he bought from a marijuana dispensary in San Francisco, Feb.

The Single Strategy To Use For Marijuana News - oregonlive.com

However some cannabis industry experts told ABC News that while the draft legislation consists of many things that would considerably benefit dispensaries and growers-- like permitting them to get bank financing, accept charge card and go public on the New York Stock Exchange-- they would rather see the federal government leave the issue in the hands of states." I hope I'm dead wrong, however the cynic in me says why would a Democratically-controlled Congress desire to put a legalization expense in front of a president from their party who has already said he doesn't want to sign a legalization costs?" Kyle Kazan, the CEO of American marijuana production and circulation business Glass Home Brands Inc., told ABC News.

Tennessee lawmaker introduces bill to put marijuana legalization on 2022  ballot - News - wsmv.com

What ending the federal marijuana prohibition could mean for the industry -  ABC News

Despite Schumer's assistance for the bill, President Joe Biden still opposes federal legalization of cannabis, White House press secretary Jen Psaki said on Wednesday and the step would require a number of Republican politicians to support it to pass.  A Reliable Source  at the Alternative Herbal Health Providers marijuana dispensary weighs medical cannabis in San Francisco, Calif., July 13, 2006.

Cannabis in Virginia: What you need to know - State and Regional News -  richmond.com

Examine This Report on GreenState: Cannabis News

Cory Booker, D-New Jersey, would aim to expunge criminal records of most nonviolent cannabis offenses and develop banking systems to assist cannabis companies, particularly hundreds of small and minority-owned companies desiring in on the so-called marijuana green rush. Headset, a supplier of data and analytics to the marijuana industry, forecast today that the U.S.