The Consumer Brands Association (CBA) yesterday announced the formation of coalition dedicated to advocating for stronger enforcement of the CBD industry. In a press release, CBA said the group – which includes top law enforcement, retail and consumer watchdog organizations – would work to advocate for “uniform federal policies around cannabidiol.”
Language from the cannabis industry’s long-sought banking reform bill, the SAFE Banking Act, has been included in the House Democrats’ new $3 trillion coronavirus aid package. Unveiled Tuesday, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act includes protections for financial institutions working with state-approved marijuana businesses.
A House bill that would make financial aid available to legal cannabis businesses impacted by the coronavirus has been introduced by Reps. Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO). The “Emergency Cannabis Small Business Health and Safety Act” would give plant-touching marijuana companies and industry “service providers” access to federal coronavirus relief programs.
While many marijuana enthusiasts may have spent yesterday toking up in celebration of the cannabis community’s official-unofficial holiday, several 420-friendly politicians used their platforms to call for legalization and other pro-pot policies.
Cannabis advocates are pushing for marijuana businesses to be included in the next round of federal coronavirus relief. Over the last week, several lawmakers and lobbyists have penned letters to state and federal officials urging them to extend aid to cannabis businesses as part of a phase four stimulus package.
Recreational cannabis dispensaries across Massachusetts have been forced to close their doors after Governor Charlie Baker issued an emergency order requiring all “non-essential” businesses to shutter until April 7, 2020 because of the coronavirus pandemic.
Vermont is poised to become the 11th U.S. state with a fully-legal commercial cannabis market. Earlier today, the Vermont House of Representatives gave its final approval to S. 54, a bill that would legalize, regulate, and tax adult-use cannabis sales for individuals 21 years and older. The final go-ahead comes one day after one day after the House voted 90-54 in favor of the bill.
On Monday, the Vermont House Appropriations Committee narrowly advanced a bill (S. 54) by a vote of 6-5 that would legalize, regulate and tax adult-use cannabis sales for individuals 21 years and older. A full House vote on S. 54 is expected later this week.
THCnet sat down with Andrew Kline, the National Cannabis Industry Association's director of public policy, during this week's Northeast Cannabis Business Conference to get his take on a myriad of issues -- including the chances of rescheduling cannabis, the timeline for legalization and how the NCIA approaches its lobbying efforts in Washington D.C.
Sen. Mike Crapo’s inbox is overflowing. Over the last month, the republican from Idaho -- who serves as the chairman of the Senate Banking Committee -- has received several letters concerning the Secure and Fair Enforcement (SAFE) Banking Act, which would protect financial institutions working with state-approved cannabis companies.