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Legislation and Regulation

US Senator Asks 8 Banking CEOs If They Support SAFER Banking Act; 1 Raises Hand

The senator, who was the lone Democrat to oppose the legislation during a committee markup in September, pressed the top bankers on the cannabis issue.

December 7, 2023

Legislation and Regulation

As Ohio Legalizes Cannabis, the State’s Junior US Senator Opposes SAFER Banking for Industry

The “upsides of this bill are overstated,” Sen. JD Vance said about providing federal safe harbor to banks servicing state-sanctioned cannabis companies.

November 22, 2023

Legislation and Regulation

Missouri Cannabis Regulators Revoke Delta Extraction’s Manufacturing License

The revocation comes after the state issued a mass recall of roughly 63,000 products.

November 16, 2023

Legislation and Regulation

UPDATE: US House Rep. Nancy Mace Files Federal Cannabis Legalization Bill

The South Carolina congresswoman has garnered bipartisan support for her legislation, but her own party could hold House Speaker turmoil against her.

November 8, 2023

Legislation and Regulation

Missouri Cannabis Regulators Allow 15K Recalled Products to Reenter Market

Another roughly 48,500 cannabis products remain in storage from a mass August recall due to THC possibly being sourced from out of state.

November 2, 2023

Legislation and Regulation

New Jersey Cannabis Regulators Seek Input on Proposed Edibles Rules

The public comment period goes through Dec. 15 for a proposal that aims to expand the types of ingestible cannabis products allowed in the marketplace.

October 23, 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

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

Legislation and Regulation

Virgin Islands Cannabis Advisory Board Releases Draft Rules for Industry

Gov. Albert Bryan Jr. signed an adult-use legalization bill into law in January, and the proposed regulations cover both the medical and adult-use markets.

September 15, 2023