A federal financial agency released updated guidelines on banking in the hemp industry on Aug. 19, 2019, following up on requests from lawmakers to provide clarity on the issue. The National Credit Union Administration (NCUA) said in its interim guidance that providing banking services to hemp businesses is allowable since the crop and its derivatives […]
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The MORE Act, which was introduced to the US Congress last month, would completely decriminalize marijuana at the federal level. How will it work, and what will it do for cannabis consumers, pot convicts, and the burgeoning gray-market industry?
Everything Kylie Jenner touches turns to gold, and the latest product to earn her Instagram seal of approval is Happy Tea, a CBD-laced drink that promises to relieve anxiety and promote mental health.
Las Vegas NORML collected dozens of signatures from consumers who support such a comprehensively reformative bill. With the consumer’s information, the team will hand-deliver the pre-written letters of support to their respective representative in both Congress and the Senate during our trip to Washington DC and show irrefutable evidence of this bill’s popularity and need.
One of the largest cannabis companies in the world made a significant move into the U.S. hemp industry Monday by breaking ground on a new industrial park for hemp processing in New York. Canadian cannabis pioneer Canopy Growth Corp., based in Smith Falls, Ontario, unveiled plans for its new $150 million Hemp Industrial Park in […]
Canadian marijuana giant Aurora Cannabis is sponsoring CBD research with the UFC to determine if the cannabinoid treatments are effective in treating pain and inflammation. The partnership marks a milestone for the cannabis industry, where individual athletes commonly strike sponsorship deals but few prominent leagues agree to research for CBD or other cannabis products. Athletes’ […]
UKIAH, Calif. (AP) — Authorities in Northern California have destroyed more than 42,000 marijuana plants as part of an investigation into unlicensed cannabis farms on public and private land that are impacting the environment. RELATED STORY In California’s Cannabis War, Civil Is the New Criminal The Mendocino County Sheriff’s Office said Wednesday that local, state […]
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.
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. […]
