Saturday, June 22, 2024

Business

State Policy Weekly Update 5/17/2023

Marijuana reform legislation continues to advance in several states. This week’s update highlights legislative developments in California, Louisiana, Maryland, Minnesota, New Hampshire, and Vermont LEGALIZATION Minnesota  UPDATE: HF 100 passed the House 71 to 59. SF 73 passed the Senate 34 to...

Minnesota: Lawmakers Finalize Adult-Use Legalization Language, Prepare to Send It to Governor’s Desk

Lawmakers have resolved differences between House-backed and Senate-backed marijuana legalization measures. The finalized measure now goes back to both chambers for floor votes, which could take place as soon as tomorrow. Lawmakers will need to act quickly as the...

Analysis: State-Licensed Cannabis Businesses Paid Nearly $2 Billion In Excess Taxes in 2022 

Current federal tax policies are causing legal-market operators to become unprofitable, and these businesses are unlikely to find relief absent substantive legislative changes being made at a federal level. That’s the conclusion of a new study published by the...

NORML Calls on Senators to Advance Cannabis Banking Legislation

Members of the US Senate Committee on Banking, Housing, and Urban Affairs will hear testimony tomorrow regarding S. 1323: the Secure and Fair Enforcement (SAFE) Banking Act, which seeks to normalize relations between state-licensed cannabis businesses and financial institutions....

State Policy Weekly Update 5/10/2023

Marijuana reform legislation continues to advance in several states. This week’s update highlights legislative developments in Florida, Maine, Maryland, Missouri, Nevada, New Hampshire, Ohio, Pennsylvania, Vermont, and Washington.  LEGALIZATION New Hampshire  UPDATE: HB 639 and HB 360 were both previously passed members...

Cannabis Companies Paid More Than $1.8 Billion in Federal Taxes in 2022 Alone

The United States government collected over $1.8 Billion in federal taxes in 2022 from cannabis. Compared to many other sectors in the states, this number is staggering. This excess is also forecasted to increase by another $300 million by...

State Policy Weekly Update 5/3/2023

Marijuana reform legislation continues to advance in several states. This week’s update highlights legislative developments in Alaska, California, Colorado, Louisiana, Maine, Minnesota, Missouri, Nevada, New York, Texas, and Vermont.  LEGALIZATION  Louisiana  UPDATE: HB 17 is scheduled for a hearing today in the...

SAFE Banking Act Reintroduced in House and Senate

Lawmakers in both chambers of Congress have reintroduced the Secure and Fair Enforcement (SAFE) Banking Act with bipartisan support. The legislation, which was introduced by Senators Steve Daines (R-MT) and Jeff Merkley (D-OR) in the upper chamber and Representatives...

State Policy Weekly Update 4/26/2023

Marijuana reform legislation continues to advance in several states. This week’s update highlights legislative developments in California, Delaware, Maine, Minnesota, Nevada, North Carolina, Texas, and Vermont. LEGALIZATION Minnesota  UPDATE: HF 100 passed​ the House 71 to 59. SF 73 is anticipated to...

State Policy Weekly Update 4/19/2023

Marijuana reform legislation continues to advance in several states. This week’s update highlights legislative developments in Alaska, Arkansas, California, Colorado, Delaware, Illinois, Louisiana, Maine, Massachusetts, Minnesota, New Hampshire, New York, Nevada, North Carolina, Oklahoma, Vermont, and Washington.  LEGALIZATION  Delaware  UPDATE: HB1 has...
- Advertisement -

Latest News

DEA’s proposal to move weed to Schedule III has gotten over 20,000 comments

In May, the DEA finally made its decision on whether or not to agree with the Department of Health...
- Advertisement -spot_img