Tag: CBT > Federal Cannabis Bill: Page 4

SAFE Banking Act

SAFE Banking Testifiers Provide Mixed Reviews in Senate Banking Committee Hearing

The congressional body invited witnesses from UFCW, SAM, Dama Financial and Cannabis Regulators of Color Coalition to speak.

May 11, 2023

Cannabis Business Insurance

Bipartisan Legislation Reintroduced in Congress to Ensure Cannabis Businesses Have Access to Insurance Coverage

The CLAIM Act would allow state-legal cannabis operators to access worker’s compensation, property, casualty and title insurance.

May 3, 2023

SAFE Banking Act

SAFE Banking Bill is Back—Back Again—Again, Again, Again …

The bipartisan federal legislation aimed at providing safe harbor to financial institutions servicing the cannabis industry was reintroduced in Congress.

April 27, 2023

Industry Headlines

Legislation Reintroduced in Congress Would Allow VA to Prescribe Medical Cannabis to Veterans

Under current law, VA doctors can discuss medical cannabis with veterans in states with legal programs, but it is unclear whether veterans are protected from federal prosecution if they choose to use cannabis.

April 20, 2023

Advocacy for Cannabis Legalization

Cannabis Advocacy Organizations Press Biden on Policy Reform Ahead of 4/20

A coalition of 85 local, state and national groups sent a letter to President Joe Biden this week urging him and his administration to federally deschedule cannabis.

April 19, 2023

Cannabis Tax Law

Small Business Tax Equity Act Introduced in US House to Provide Relief to Cannabis Industry

The legislation, sponsored by Rep. Earl Blumenauer, would allow state-legal cannabis businesses to take deductions like any other legal business.

April 18, 2023

Advocacy for Cannabis Legalization

US Representatives Reintroduce Bipartisan PREPARE Act to Pave the Way for Federal Cannabis Legalization

Reps. Dave Joyce and Hakeem Jefferies are again sponsoring the legislation, which would create a process for the federal government to enact regulations should it lift the prohibition of cannabis.

April 17, 2023

Federal Cannabis Legalization

5 Cannabis Laws to Watch This Year

More federal reform is possible following the passage of the Medical Marijuana and Cannabidiol Research Expansion Act, while there is an ever-increasing push for legalization at the state level.

February 17, 2023

Cannabis Rescheduling

US Representative Reintroduces Legislation to Reschedule Cannabis

Rep. Greg Steube has reintroduced the Marijuana 1-to-3 Act, which would reschedule cannabis from Schedule I to Schedule III under the Controlled Substances Act.

February 1, 2023

Legislation and Regulation

Senate Minority Leader Mitch McConnell Squashes Democrats’ Efforts to Add SAFE Banking Provisions to Defense Bill

McConnell called on Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi to remove the cannabis-related language from the National Defense Authorization Act.

December 7, 2022

Legislation and Regulation

Senator Files PREPARE Act to Smooth Way for Federal Legalization

The legislation’s sponsors intend to lay the groundwork for developing a regulatory framework ahead of nationwide cannabis reform.

December 2, 2022

Legislation and Regulation

UPDATED: President Biden Signs Bipartisan Cannabis Research Bill

The legislation cleared its final congressional hurdle with a voice vote last month in the Senate, paving way for researchers to fully study the impacts of cannabis use.

December 2, 2022