Colorado Senator Says Lack of Cannabis Banking a ‘Recipe for Disaster’

Democratic Sen. John Hickenlooper of Colorado last week called for the passage of the SAFE Banking Act, saying that the nation’s refusal to allow cannabis businesses access to traditional financial services is a “recipe for disaster.”

While addressing a virtual policy conference last Wednesday, Colorado Sen. Hickenlooper said that federal regulations that deny banking services to state-licensed cannabis businesses are a magnet for criminal activity and are contrary to the goals of marijuana legalization.

“If you really wanted to create an industry that’s dependent on gangs and cartels, make it all cash,” Hickenlooper said at the Regulating Cannabis event hosted by The Hill. “It’s almost like the system that is there now is oriented towards promoting things that we don’t want.”

Under current federal regulations, banks are subject to penalties under money laundering and other laws for servicing cannabis businesses, even those legal under state law, forcing the licensed cannabis industry to operate in a risky environment heavy in cash. Hickenlooper, who served as Colorado’s governor when the state’s voters legalized recreational cannabis in 2012, said the cash-only system that dominates the cannabis economy is “a recipe for disaster” and a “blueprint for catastrophe.”

“If you de-schedule it, banks can start banking it so it’s no longer a cash business,” Hickenlooper said. “There are multiple negative consequences of having it be a cash business. One is that businesses themselves can’t get loans.”

Colorado Supports the Pending SAFE Banking Act

Under pending federal legislation, the Secure and Fair Enforcement (SAFE) Banking Act, federal banking regulators would be prohibited from penalizing banks that choose to serve cannabis firms doing business in compliance with state law. The legislation was initially introduced in the House in 2013 by Democratic Rep. Ed Perlmutter of Colorado, who has reintroduced the bill each subsequent congressional cycle.

Hickenlooper noted on Wednesday that the SAFE Banking Act would not “oppose the will” of states that have not yet legalized cannabis in any form, adding that the reform would benefit the states that have instituted cannabis policy reforms.

“In terms of banking, I don’t think there’s any benefit to penalizing those states where their citizens have voted to legalize,” he said.

In April, the SAFE Banking Act was approved as a stand-alone bill by the House of Representatives. And in September, the House approved the legislation as part of a must-pass defense spending authorization bill. The House and Senate are currently working toward a consensus on the defense spending bill, leaving the fate of the cannabis banking provisions up in the air.

Bill Has Bipartisan Support

The SAFE Banking Act has bipartisan support in Congress, passing in the Democratic-majority House in May by a vote of 321 to 10 with the support of 106 Republicans, including Rep. Nancy Mace of South Carolina. Last month, Mace unveiled a separate bill, the States Reform Act, which would legalize and regulate marijuana at the federal level. 

“There’s nothing really controversial about cannabis except for here in Washington where you have some members who are afraid of it, or afraid to touch it,” Mace said last Wednesday. “It shouldn’t be that way.”

Mace’s bill serves as an alternative to the MORE Act, a comprehensive proposal advanced by Democrats that would also legalize cannabis at the federal level. The legislation also includes wide-reaching social equity provisions including expungement for federal cannabis crimes. The MORE Act would levy higher taxes than those in Mace’s bill, with revenue raised dedicated to investments in communities harmed by the War on Drugs.

Mace agreed with Hickenlooper that cannabis banking regulations must be changed, saying that the current system offers an incentive to criminals while putting the owners of legal businesses at risk.

“We’re funding the cartels by having all-cash businesses,” Mace said. “It’s dangerous.”

The SAFE Banking Act also has broad support from governors of jurisdictions that have legalized marijuana. In November, a bipartisan group of 24 governors from states and territories with legal cannabis sent a letter to congressional leaders calling for the passage of the legislation. 

The governors noted in the letter that while cannabis has been legalized in some form by a majority of U.S. states, the continued lack of traditional banking services and large amounts of cash throughout the supply chain leave legal marijuana businesses at increased risk of robbery and other crime. Additionally, the lack of access to loans inhibits the growth of the booming industry.

“The SAFE Banking Amendment will remedy these harms and help keep communities in our states and territories safe by allowing legitimate and legal cannabis companies to access banking services,” the governors wrote. 

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24 Governors Call On Congress to Pass Cannabis Banking Bill

The governors of 24 states and U.S. territories sent a letter to congressional leaders on Thursday calling on lawmakers to pass legislation that would permit financial institutions to provide banking services to the regulated cannabis industry. The letter from the bipartisan group of two dozen governors seeks passage of the Secure and Fair Enforcement (SAFE) Banking Act, which was approved by the House of Representatives in September as part of a comprehensive defense spending authorization bill.

In the letter, which was sent to Senate Majority Leader Chuck Schumer of New York, Speaker of the House Nancy Pelosi and other Democratic and Republican leaders in Congress, the governors of 21 states, Washington, D.C., the U.S. Virgin Islands and Guam, call for provisions of the SAFE Banking Act to be included in the final version of the National Defense Authorization Act for the 2022 fiscal year.

Relief for a Cash-Heavy Industry

If passed by the Senate and signed into law, federal banking regulators would be prohibited from penalizing banks that choose to serve cannabis firms doing business in accordance with state law. Under current regulations, banks are subject to penalties under federal money laundering and other laws for servicing such companies, leaving the cannabis industry to operate in a risky environment heavy in cash. The legislation was initially introduced in the House in 2013 by Democratic Rep. Ed Perlmutter of Colorado, who has reintroduced the bill each subsequent congressional cycle.

The letter sent on Thursday, which was led by Democratic Governor Jared Polis of Colorado, notes that 37 states, four U.S. territories and the District of Columbia have passed recreational or medical cannabis legalization measures. But businesses in the regulated cannabis industry are still largely unable to access traditional banking services including deposits, payroll and checking accounts.

“Medical and recreational cannabis sales in the U.S. were estimated to total $17.5 billion last year, but because of antiquated federal banking regulations, almost all cannabis transactions are cash-based,” the governors wrote in their letter. “Not only are cash-only businesses targets for crime, cannabis businesses are further disadvantaged compared to other legal businesses by being unable to open bank accounts or obtain loans at reasonable rates.” 

The SAFE Banking Act was passed by the House of Representatives in 2019 and again last year as part of a COVID-19 pandemic relief bill. The House passed the bill again in April as standalone legislation and has included the measure in the defense authorization bill currently under consideration, but the bill has so far failed to be passed by both houses of Congress and signed into law by the president.

“It’s time for Congress to allow cannabis-related businesses to have better access to the banking system and operate with normal bank accounts,” Polis said in a press release on Thursday. “Thank you to Congressman Ed Perlmutter who has continually pushed for legislation to address this important issue. After years of cannabis being legal in a multitude of states, it is long overdue for cannabis businesses to finally financially operate alongside other businesses in the open national banking system.”

The governors also noted in the letter that while cannabis has been legalized in some form by a majority of U.S. states, the continued lack of traditional banking services and large amounts of cash throughout the supply chain leave legal marijuana businesses at increased risk of robbery and other crime. Additionally, the lack of access to loans inhibits the growth of the booming industry.

“The SAFE Banking Amendment will remedy these harms and help keep communities in our states and territories safe by allowing legitimate and legal cannabis companies to access banking services,” the letter continues. “Financial institutions will subject the funds and account holders to rigorous anti-money laundering and ‘Know Your Customer’ requirements that will further help states where cannabis has been made legal to keep bad actors out of the system.

“The SAFE Banking Act has more bipartisan support than ever before, and Congress must take steps to ensure that this measure is included in the final version of the NDAA that goes to President Biden’s desk,” the governors concluded.

In addition to Polis, the letter to Congress was signed by the leaders of Alaska, California, Connecticut, Guam, Illinois, Maine, Massachusetts, Michigan, Minnesota, Nevada, New Mexico, New Jersey, New York, North Dakota, Oregon, Pennsylvania, Rhode Island, the U.S. Virgin Islands, Utah, Virginia, the state of Washington, Washington, D.C. and Wisconsin.

In April, a bipartisan group of 21 governors from a nearly identical list of states and territories called on Congress to pass the SAFE Banking Act after the measure was approved by the House of Representatives.

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Bank of America Closes Cannabis Research Account

One of the nation’s most popularly used banks decided to close the account of one of the country’s DEA-approved cannabis and psychedelic research institutions.

The Bank of America suddenly closed the accounts of the Scottsdale Research Institute with very little notice or explanation last week. The Scottsdale Research Institution received a letter dated October 12, stating that the account would no longer be accessible in 21 days and fully closed within 30 days. The letter also states that the “this decision is final and won’t be reconsidered.”

Dr. Sue Sisley, a prominent, longtime researcher of medical cannabis (specifically for its efficacy as a treatment for post-traumatic stress disorder) is the President and Principal Investigator at the Scottsdale Research Institute. She posted on Twitter on October 15 about the situation. 

“Bank of America closes down account of Federally-licensed cannabis researcher. SRI conducts FDA approved controlled trials evaluating cannabis as medicine for treating pain/PTSD in military veterans & terminally ill patients this TRAGICALLY shuts down our research @BankofAmerica.” She also included a screenshot of an official document, entitled the Controlled Substance Registration Certificate, which was issued to the Scottsdale Research Institute by the DEA on June 29, 2021.

The Scottsdale Research Institute has federal permission to study both medical cannabis and psychedelic substances. Most recently, in May, the institute was one of three organizations who received approval from the Drug Enforcement Administration (DEA) to cultivate cannabis for research purposes. 

“Pending final approval, DEA has determined, based on currently available information, that a number of manufacturers’ applications to cultivate marijuana for research needs in the United States appears to be consistent with applicable legal standards and relevant laws,” the DEA wrote in its release. “DEA has, therefore, provided a Memorandum of Agreement (MOA) to these manufacturers as the next step in the approval process.”

Aside from its promising research results, Dr. Sisley and the Scottsdale Research Institute have also taken an active approach to push the industry toward legalization and descheduling cannabis. In Sisley vs. DEA, which was filed in May 2020, she alleged the Schedule I status of cannabis violated the constitution and that it should be descheduled. After a year and a half, the United States Court of Appeals for the Ninth Circuit dismissed the petition. However, one of the presiding judges, Judge Paul J. Watford, stated that the DEA may eventually be forced to reconsider reclassification under the Controlled Substances Act in the near future. 

“I agree that the petitioners in this case failed to exhaust their administrative remedies and therefore join the court’s opinion dismissing their petition for review,” Watford wrote. “I write separately to note that, in an appropriate case, the Drug Enforcement Administration may well be obliged to initiate a reclassification proceeding for marijuana, given the strength of petitioners’ arguments that the agency has misinterpreted the controlling statute by concluding that marijuana ‘has no currently accepted medical use in treatment in the United States.’”

This is just the most recent example of the continuing problem that all cannabis businesses, in nearly every aspect of the industry, are having with banking solutions. On September 21, the U.S. House approved the SAFE Banking Act as a part of the defense spending bill, which is the fifth time that cannabis banking legislation has been approved in the House. Whether this provision is approved by the Senate remains to be seen.

Cannabis businesses continue to struggle with legitimate banking solutions. It remains an issue to witness not just a dispensary or cultivation company, but a federally approved organization, having its account closed without any previous warning or reasoning. For now, Dr. Sisley said in a statement to Marijuana Moment that the Scottsdale Research Institute will be moving to a new banking solution with a bank that is supportive of “scientific freedom.”

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Cameron Forni Pushes Innovation With Rolling Stone Cannabis Collab

Pulling up to entrepreneur turned cannabis mogul Cameron Forni’s Las Vegas home feels like driving up to the entrance of a Las Vegas Strip hotel. In his driveway, a custom-decalled Ferrari stands out with a monopoly-esque art themed wrap. The wrap showcases his consulting company, an eco-friendly crypto currency, and also pays homage to the brand that started it all—Select. Parked next to it is an all-black Rolls Royce Ghost. On first impression, Cameron Forni has built quite a life as an entrepreneur.  

“I’m glad you found the house!” He says jokingly as I hop out of my car and walk up his impressive driveway to the door. The 35-year-old can’t be any taller than 5-foot-9, and his unassuming black t-shirt and navy-blue shorts suggest that, even with this level of success, he’s still relatable.

We are greeted by a pair of medium-sized Pomsky’s, Meso and Cali. We make our way through the striking entryway to the kitchen where we all sit together to become more acquainted. Forni passes around a plate of avocado toast for us to snack on while we discuss his latest device for Select in the cannabis space.  

We’re here to talk about the recent partnership Select launched with Rolling Stone magazine on co-branded vape pens and Select’s first-ever pre-rolls. Forni explains that his goal is to create a smooth, enjoyable experience for all cannabis users. Further, he is excited about the reach and cultural alignment between the Rolling Stone brand and music. 

Rolling Stone’s president and COO Gus Wenner also speaks to the larger purpose driving the new co-branded product line.  

“There’s a mission here that’s been a part of our DNA since the beginning. Music and cannabis are so connected, and we set out to make a product that is A) really good and B) strikes right at the heart of what makes experiencing great music so special,” Wenner told Cannabis Now, adding that the Rolling Stones team has spent the past three years exploring ways to create this opportunity.

“In CuraLeaf and Select, we found a perfect partner who could design innovative and exciting products that elevate the music listening experience and so much more,” he said. “We both recognize cannabis’ place in music and in history. We’ve covered the health benefits and some of the incarceration issues around how cases are treated for non-violent crime offenders in our reporting and will continue to do so.”

If legal cannabis was a baseball game, Forni insists we’d still be in the second inning of a typical nine-inning game. The black market remains too powerful for the legal industry to reach its full potential, he says. Forni also comments on the tumultuous hemp-based Delta-8 market, which he believes “is finally being cracked down on.” 

The Select founder contends legal weed’s biggest boon will happen when Congress passes the SAFE Banking Act and the STATES Act, opening the way for cannabis companies to list on the New York Stock Exchange. 

“It’ll change the entire financial landscape of the cannabis industry,” he says. “That’s what we’re waiting for.” 

The legal cannabis Green Rush has been good to entrepreneurs like Forni, who got involved early and worked tooth-and-nail to earn significant market share. Forni founded Select back in 2015 after puffing on a marijuana vape and coughing his lungs out. This experience inspired his first business venture, and he set out to develop a smoother cartridge. Select was born. 

Forni built this company from the ground up and filled his first cartridges by hand. From his living room, Forni managed to turn Select into the fastest growing cannabis brand in history. This caught the attention of the world’s largest cannabis company, Curaleaf, which purchased his company for $948 million dollars in 2019. Since the sale, Forni has stayed on as a special advisor to Curaleaf’s CEO Joe Bayern. Expanding the product line beyond its staple cartridge products, Select now also offers THC oil, gummies, tinctures and drink mixers.

Forni brings us to his office and hands over a pack of his newest edibles, “Nano Gummies.” The citrus-flavored edible is made of strain-inspired terpene formulas and are infused with cannabis oil. They are also water soluble which allows the THC to digest quicker. Their new gummies will surely be a hit across the 2,000 dispensaries in 21 states that carry Select’s products. However, Forni isn’t completely satisfied quite yet. “You can taste hints of cannabis, we can make it better,” he says. 

How does a guy in Forni’s position not let all of this get to his head? We ask him how he’s changed, besides the new house and luxury lifestyle. The answer? Not much. Forni says he’s always had a bit of an edge to him. But in a good way. 

“You got to keep it,” he says of his ego. “I always try to be myself; I always try to be kind to everyone around me, and I always try to teach and mentor people to bring them up to the next level. Success follows success, and I always wanted to follow the people that had success before me. I just hope I can inspire people—whether that’s a role model or a mentor—to do and achieve incredible things for themselves, their family and the planet.”  

The post Cameron Forni Pushes Innovation With Rolling Stone Cannabis Collab appeared first on Cannabis Now.

U.S. House Approves SAFE Banking Act as Part of Military Spending Bill in Historic Vote

The U.S. House approved the Secure and Fair Enforcement (SAFE) Banking Act on Thursday in a bipartisan 316-113 vote as part of the latest National Defense Authorization Act, a military spending bill. It’s the fifth time the legislation has been approved in the House as a standalone bill or an amendment as part of larger legislation.

Since statewide cannabis reform has been enacted over the past four decades, cannabis businesses still are not fully tolerated, most evidently in federal restrictions, such as the way banking is restricted.

Representative Ed Perlmutter re-introduced the bill, as promised, saying that it would allow cannabis businesses to access the banking system—like any other industry—and would bring more money into the economy and offer the opportunity to create good-paying jobs. 

On September 21, the House Rules Committee approved the SAFE Banking Act as they sifted through over 800 amendments filed for the $778 billion FY2022 National Defense Authorization Act (NDAA) to determine which ones will get a floor vote. As Representative Perlmutter sits in the Rules Committee, the move suggests he has influence.

Currently, The Financial Crimes Enforcement Network (FinCEN) Guidance from the Department of the Treasury provides informal guidance on banking with cannabis businesses, but still nothing to immunize a financial institution from federal prosecution—only an act of Congress can do that.

Bloomberg reported that the SAFE Banking Act would be a boon for cannabis companies—which up until now have been forced to do business in cash thanks to federal banking restrictions. Cannabis-adjacent companies that provide financial services agreed.

“Passage of the SAFE Banking Act is a historic, significant step forward for the cannabis industry, which deserves more legitimacy and access to banking, insurance and other services just like any other mainstream industry. This legislation will open up much-needed access to financial institutions and loans for cannabis industry entrepreneurs,” said Ryan Hale, Chief Sales Officer of Operational Security Solutions (OSS). “Meanwhile, as the sheep dogs for the industry in security, we know that many compliance issues will remain as long as cannabis is still considered a Schedule I drug and passage of the SAFE Banking Act will only mean more regulation for the industry.”

The bill would protect banks that cater to state-licensed cannabis business from facing punishment from federal regulators. As of December 2020, the U.S. Treasury found that 515 banks and 169 credit unions already provide such services.

NORML sent leaders in Congress a letter in support of its inclusion as part of the NDAA. NORML Political Director Justin Strekal applauded the legislation cautiously:

“It is critical to balance the need to accomplish comprehensive reform at the federal level and make every effort possible in the immediate term to support the successful state-level programs to ensure safe and efficient consumer access to quality cannabis that is cost-competitive with the unregulated market,” Strekal said. “For those reasons, we support the inclusion of the SAFE Banking Act in any piece of legislation that is going to be enacted into law.”

Advocates speculated that the SAFE Banking Act might have a better chance of success than a standalone bill, because of its bipartisan support and because Senators don’t want any minor bill holding up the “must-pass” NDAA.

Leaders such as Senate Majority Leader Chuck Schumer and Senator Cory Booker have been somewhat hesitant to support the bill without seeking broader reform. Both see more comprehensive cannabis reform such as the Cannabis Administration and Opportunity Act (CAOA).

“As someone who has been working inside the banking industry for most of my career, I’ve seen firsthand the many challenges banks face when trying to serve cannabis businesses,” said Andrew Montgomery, Founder and CEO of HD Compliance. Montgomery is a seasoned banking professional with more than 25 years as a senior executive in the industry. 

He continued, “Though this is not the first time that lawmakers have added a seemingly unrelated bill to a broader bill that is likely to pass without increased scrutiny, we must remember that the SAFE Banking Act has already been passed four times in the House, two of them were associated with COVID-19 economic relief bills. The Senate failed to act on each of those bills. However, burying it in the Defense Authorization Act may give cover to GOP senators that want to support SAFE Banking and allow Senator Cory Booker to oppose the bill. This very well could be a back door way of passing this needed legislation.”

While some leaders argued about the appropriateness of including the SAFE Banking Act in a military spending bill, veteran support for cannabis is high. NORML, for instance, clarified that the spending bill was indeed an “appropriate vehicle” for cannabis reform. According to the American Legion, nearly one in four veterans currently consumes cannabis for medical reasons.

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Governor of Colorado Pens Letter Urging Legitimate Cannabis Banking

As Democrats in Congress appear eager to finally tackle comprehensive marijuana reform, Colorado Governor Jared Polis hopes they address one particular cannabis policy first.

In a letter to a trio of Democratic senators on Friday, Polis urged them to pursue legislation implementing new banking and taxation measures that would enable financial institutions to work with cannabis businesses.

“I am thrilled that you are bringing forward a long-term, comprehensive solution that deschedules cannabis while enhancing social equity pathways,” wrote Polis, a Democrat serving his first term as governor of Colorado. “I hope that you will first focus your efforts on the two biggest barriers to the success of the cannabis industry: banking and IRS Code Section 280E (280E).

He said that “the cannabis industry has been stymied by 280E, which prevents these businesses from taking business-related deductions associated with the sale of cannabis.

“Congress must swiftly act to pass any measure, a number of which have been introduced in past sessions, to make an exception for legal cannabis businesses from 280E,” he wrote. “While the CAOA would address this issue by descheduling cannabis, a narrow measure focused on relieving cannabis businesses from the detrimental effects of 280E would expeditiously solve this problem.”

Polis wrote the letter to Senate Majority Leader Chuck Schumer, Senator Cory Booker and Senator Ron Wyden, who have thrown their weight behind the Cannabis Administration and Opportunity Act (CAOA), legislation that would effectively legalize marijuana on the federal level. 

The bill was introduced in draft form by the three Democratic senators last month.

But while members of Congress continue to wrangle out the details of that legislation, Polis believes there is a ready-made cannabis reform bill just waiting to be passed: the SAFE Banking Act, which Polis backed as a member of Congress representing Colorado’s second district.

“Legislation to address these issues has more bipartisan support than ever before and can be passed in the short-term as you continue to work on the details of the CAOA,” Polis wrote in the letter.

The SAFE Banking Act, Polis said, “has passed the U.S. House of Representatives four times but has never been taken up by the Senate.

“As a Congressman, I co-sponsored Representative Ed Perlmutter’s SAFE Banking Act because it is essential to bringing cannabis payments out of the shadows,” Polis wrote. “Medical and recreational cannabis sales in the U.S. were estimated to total $17.5 billion last year, but because of antiquated federal banking regulations, almost all cannabis transactions are cash-based. Not only are cash-only businesses targets for crime, cannabis businesses are further disadvantaged compared to other legal businesses by being unable to open bank accounts or obtain loans at reasonable rates.”

Polis continued to explain that it’s harmful for an industry as successful and large as cannabis industry to be forbidden from legitimate banking institutions. Polis continued, “The cannabis industry is simply too large to be prohibited from banking opportunities, and the Senate must remedy this harm by bringing this measure up for a vote in the Senate Committee on Banking, Housing, and Urban Affairs immediately.”

Polis, a longtime cannabis reform advocate, wrote the letter amid growing signs that Democrats are poised to deschedule marijuana under the Controlled Substances Act, a move that would finally put the federal government in line with states like Colorado that have already legalized pot.

Schumer said earlier this year that Democrats were ready to seriously tackle the issue––even as President Joe Biden remained wary of legalization.

“We will move forward,” Schumer said. “[Biden] said he’s studying the issue, so [I] obviously want to give him a little time to study it. I want to make my arguments to him, as many other advocates will. But at some point we’re going to move forward, period.”

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Friday, April 30, 2021 Headlines | Marijuana Today Daily News

Marijuana Today Daily Headlines
Friday, April 30, 2021 | Curated by host Shea Gunther

// Key Senate Chair Shifts Stance On Tying Marijuana Banking Bill To Sentencing Reform (Marijuana Moment)

// Louisiana Lawmakers Approve Marijuana Licensing Bill In Anticipation Of Legalization (Marijuana Moment)

// Louisiana Governor Says He Has ‘Great Interest’ In Marijuana Legalization Bill Advancing In Legislature (Marijuana Moment)


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// Canadian Cannabis Sales Grow 74% in February to $263 Million (New Cannabis Ventures)

// Maryland Cannabis Industry Grew By 40 Percent in 2020 (Outlaw Report)

// Legal pot in R.I. ‘inevitable’ but may not happen this year State House leaders say (Providence Journal)

// Ascend Wellness Raises $80 Million in IPO (New Cannabis Ventures)

// Gage Cannabis Turns In Solid Fourth Quarter Fiscal Year (Green Market Report)

// Bipartisan Lawmakers Want Federal Protections For Marijuana States In Next Spending Bill (Marijuana Moment)

// Maine Proposal Would Legalize Psilocybin Mushroom Therapy For Adults No Medical Diagnosis Needed (Marijuana Moment)

Check out our other projects:Marijuana Today— Our flagship title, a weekly podcast examining the world of marijuana business and activism with some of the smartest people in the industry and movement. • Marijuana Media Connect— A service that connects industry insiders in the legal marijuana industry with journalists, bloggers, and writers in need of expert sources for their stories.

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Tuesday, April 20, 2021 Headlines | Marijuana Today Daily News

Marijuana Today Daily Headlines
Friday, April 16, 2021 | Curated by host Shea Gunther

// US House gives final approval to marijuana banking reform bill (Marijuana Business Daily)

// Schumer Worries Senate Marijuana Banking Vote Could Undermine Broader Legalization Push (Marijuana Moment)

// Washington Senate Replaces Drug Decriminalization Bill With Revised Measure To Reinstate Penalties (Marijuana Moment)


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// Border weed: How the hometown of tater tots became a cannabis capital (Politico)

// Jushi Enters Massachusetts Market with $110 Million Acquisition (New Cannabis Ventures)

// Rep. Dave Joyce introduces bill to let VA prescribe medical marijuana (Cleveland.com)

// Controversial Florida medical marijuana bill ‘effectively dead’ (Tampa Bay Times)

// Arizona issues 13 more licenses for marijuana dispensaries (KVOA 4 News NBC)

// Minnesota Marijuana Legalization Bill Approved By Seventh House Committee (Marijuana Moment)

// Nine In Ten Americans Support Legalizing Marijuana For Recreational Or Medical Use New Pew Poll Finds (Marijuana Moment)

Check out our other projects:Marijuana Today— Our flagship title, a weekly podcast examining the world of marijuana business and activism with some of the smartest people in the industry and movement. • Marijuana Media Connect— A service that connects industry insiders in the legal marijuana industry with journalists, bloggers, and writers in need of expert sources for their stories.

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