Tag: CBT > Politics: Page 3

Legislation and Regulation

Biden Reaffirms Cannabis Stance During Campaign Stop

The president said he’s kept his promise on reform during a political event at South Carolina’s First-in-the-Nation dinner.

January 29, 2024

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

Interviews & Opinion

Opinion: Rescheduling Is Recriminalizing, Descheduling Is Decriminalizing

President of cannabis genetics company DNA Genetics, Rezwan Khan, weighs in on Biden's cannabis policy reform plan and how rescheduling or descheduling the plant would impact the industry.

August 29, 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

Regulations and Reform

Legalize America Launches as Nation’s First Cannabis Super PAC

The US Cannabis Council and its members launched this organization to harness grassroots support to advance reform in Congress and state capitals.

June 28, 2023

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

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

Legislation and Regulation

29 Lawmakers Urge President to Understand Necessity of Federally Descheduling Cannabis

The letter follows President Joe Biden’s October announcement that directed the Department of Health and Human Services and the Department of Justice to review how cannabis is scheduled.

December 23, 2022

Legislation and Regulation

SAFE Banking Hopes Fade as Congress Scrambles to Approve Spending Deal

While some lawmakers are pushing to include the SAFE Banking Act in the omnibus spending bill, it is possible that cannabis banking reform efforts will be punted to 2023.

December 19, 2022

Legislation and Regulation

New Hampshire’s Top Lawmakers Collaborate on Adult-Use Cannabis Legalization Bill

A bipartisan group of legislators in the state’s House of Representatives plan to introduce legislation to legalize the possession and sale of cannabis for adults 21 and older.

December 13, 2022

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