The Secure and Fair Enforcement (SAFE) Banking Act has passed the House of Representatives by a comfortable margin of 321-103. The bill H.R. 1595, sponsored by Congressman Ed Perlmutter, D-Colo., allows banks to do business with cannabis-related businesses without fear of repercussions. "I want to thank all my colleagues who have listened to me talk about the need to … [Read more...] about Cannabis Banking Bill Passes in House of Representatives
politics
New Hampshire Legislature Overrode Governor’s Veto of Medical Marijuana Bill
The New Hampshire Legislature overrode Gov. Chris Sununu's veto of a medical marijuana bill. It passed in the State Senate 17-7 with bipartisan support, which was necessary to achieve the required two-thirds majority. The bill was one of the few vetoes the legislature was able to successfully override this year. The bill would have eliminated a three month waiting period … [Read more...] about New Hampshire Legislature Overrode Governor’s Veto of Medical Marijuana Bill
Hemp Becoming Big Business With Republican Support
In contrast to the usual partisan rancor that has caused paralysis in the U.S. Congress, hemp legalization and the emerging industry have great bipartisan support. Legalization has long garnered Democratic Party support, especially from progressive members of the House of Representatives. But an increasing number of Republican Party members have endorsed legalization. Sen. … [Read more...] about Hemp Becoming Big Business With Republican Support
Is Legalization of Weed in North America a “Threat” to China?
It’s no secret that North America and China often bump heads on any given topic, but this time cannabis is at the center of attention. Beijing's leading drug enforcement body announced a “new threat to China,” relating to a spike in the amount of drugs smuggled into the country. China has pointed fingers at the U.S. and Canada, and their legalization (albeit partial) of … [Read more...] about Is Legalization of Weed in North America a “Threat” to China?
New Jersey Assembly Expands Medical Cannabis Program
Though most New Jerseyans favor full recreational legalization, and in spite of a slew of campaign promises from Governor Phil Murphy, New Jersey still has not created successful legislation to start the process. NJ.com covered a Rutgers poll that stated, “When asked about the legalization of possession and personal use of marijuana, 58 percent of New Jersey residents said they … [Read more...] about New Jersey Assembly Expands Medical Cannabis Program
