Earlier today, the Senate Banking Committee held a hearing on the SAFE Banking Act, which would allow financial institutions to engage in activities with state-legal cannabis businesses.
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Members of the United States Senate Committee on Banking, Housing, and Urban Affairs are scheduled to hear testimony next week regarding the need to provide greater access to financial services for state-licensed marijuana-related businesses.
Illinois Gov. J.B. Pritzker made history today by signing a bill legalizing the adult use of cannabis in the Land of Lincoln. Pritzker might as well fire a starting gun. The race is now on to get about 55 Illinois adult-use stores open, serve potentially millions of customers, and dismantle the decades-old drug war machine. […]
Choom Cannabis in Niagara Falls opened mid-June, joining Ontario’s growing list of legal retailers in the province. Inspired by Choom Gang—a famous group of buds who loved to smoke cannabis in 1970s Honolulu—Choom Cannabis all about inspiring “good times with good friends.” Jesse Milns/Leafly Lottery winner Lisa Bigioni owns and manages this Choom location, bringing […]
LOS ANGELES (AP) — Marijuana shoppers are going to be getting a message from California regulators: Go legal. Aiming to slow illegal cannabis sales that are undercutting the nation’s largest licensed market, California is kicking off a public information campaign — Get #weedwise — that encourages consumers to verify that their purchases are tested and […]
WASHINGTON (AP) — The Democratic-controlled U.S. House of Representatives has voted to block the Justice Department from interfering with states that have legalized marijuana for adult use. The bipartisan 267-165 vote represents a breakthrough for advocates of legalizing cannabis, who have unsuccessfully pressed the idea in the past under GOP control of the House. Although […]
Illinois is about to make history as the first state to legalize recreational cannabis and allow commercial sales through the state legislature instead of via a voter initiative, pending the governor’s signature. But this historic piece of legislation almost died along the way over the increasingly contentious issue of homegrow. Eventually, lawmakers compromised by allowing […]
LANSING, MI — Michigan Gov. Gretchen Whitmer is among 18 governors to sign a letter urging Congress to open the US banking system to the legal cannabis industry. ‘There is an inherent danger for businesses operating in an all-cash business.’ Michigan Gov. Gretchen Whitmer In the letter written Friday and released Monday, the governors say […]
Next month, stakeholders in the cannabis and alcohol industries will gather at a conference centre in San Francisco to discuss the arrival of cannabis-infused beverages and its implications. In an article looking ahead to this first-ever Cannabis Drinks Expo, Forbes proclaimed that “the next frontier in cannabis is beverages.” No doubt about it, the future […]
This week in Cannabis: Cannabis stores have to keep vapes out of sight in Ontario, the City of Toronto switches up their approach to illegal dispensaries, Ontario removes a legal loophole related to illegal dispensaries in the province, and Health Canada announces their new regulations for Oct. 17, 2019. We’ve rounded up this week’s top […]
