Tag: CBT > Federal Cannabis Bill: Page 3

Oregon

Earl Blumenauer, Cannabis Reform Champion, Won’t Seek Reelection

The Oregon Democrat who founded the Congressional Cannabis Caucus has served his current U.S. House district since 1996.

October 30, 2023

Banking Bill Cannabis Industry

Senate Majority Leader Vows to Bring SAFER Banking Act to Floor—And Other Reactions to Bill’s Advancement

The Senate Banking Committee approved the legislation Sept. 27, sending it to the floor, where Sen. Chuck Schumer plans to call a vote “as quickly as possible.”

September 28, 2023

Legislation and Regulation

WATCH NOW: Senate Banking Committee's Markup on SAFER Banking Act

Watch the live video of the 23-member committee's hearing on the cannabis banking bill.

September 27, 2023

Legislation and Regulation

SAFER Banking Act Approved in Committee, Signaling Major Victory for Cannabis Reform

The cannabis banking bill survived its first-ever Senate markup and now moves to a full vote on the floor of the chamber.

September 27, 2023

Legislation and Regulation

Vote Count: How the SAFER Banking Act’s Markup Will Likely Shake Out

Two key Senate Banking Committee members will probably miss the markup hearing, but the revised legislation is poised for approval (maybe).

September 26, 2023

Legislation and Regulation

SAFE Banking Act: How We Got Here, What’s Next For SAFER

The four corners of Washington’s political playbook have repeatedly stood in the way, but will this U.S. Congress be different?

September 25, 2023

Finance

SAFE Banking Act’s Revised Title, Text Unveiled Ahead of Committee Markup

The eight pages of additional text primarily deal with the bill’s contentious Section 10.

September 20, 2023

Legislation and Regulation

UPDATE: SAFE Banking Act on Cusp of Markup, Advancement in Senate Banking Committee

A full committee markup on the legislation is scheduled for Sept. 27.

September 19, 2023

Safety

US Senator Urged to Rescind Support of SAFE Banking

Sen. Tommy Tuberville, who’s been vocally supportive of cannabis banking reform, now represents a battleground vote for prohibitionists.

September 12, 2023

Legislation and Regulation

US Congressman Introduces Bill to Withhold Federal Funding from States, Tribes with Adult-Use Cannabis Programs

Rep. Chuck Edwards’ Stop Pot Act would withhold 10% of federal highway funds for governments with laws permitting non-medical cannabis use.

September 6, 2023

Finance

Mastercard No Longer Allowing Cannabis Purchases on Debit Cards

The corporation is the latest payment processor warning financial firms not to service the cannabis industry.

July 27, 2023

Legislation and Regulation

SAFE Banking Backed by At Least 9 GOP Senators; Bill Lies Largely in Democrats’ Court

The Republican support indicates legislation to provide traditional banking services to the cannabis industry has the votes to avoid a filibuster.

July 14, 2023