Cannabis Banking Act Added to House Defense Bill
Cannabis Banking Act Added to House Defense Bill
2021-09-23 16:05:53
by Dan McCue

WASHINGTON -- The bipartisan SAFE Banking Act, a measure intended to allow banks to provide financial services to legitimately licensed cannabis businesses in states that have deemed the substance legal for use, has been added as an amendment to the... Read More

Senators: Its Time to Consider Ending Federal Prohibition on Cannabis
2021-07-14 20:06:06
by Dan McCue

WASHINGTON. –  Senate Majority Leader Chuck Schumer, D-N.Y. announced Wednesday he would join Sens. Cory Booker, D-N.Y. and Ron Wyden, D-Ore., in bringing forward legislation to end the federal prohibition on cannabis. The trio of senators was set to unveil... Read More

Health Effects from Cannabis Addressed by THC Potency Caps
2021-04-20 15:29:55
by Alexa Hornbeck

Whether or not cannabis is harmful to human health is a continuing question for researchers, as some studies say smoking can have therapeutic effects, while others say long-term cannabis smokers experience anxiety at higher doses.  “There hasn’t been clear science... Read More

State News
Cannabis, No Longer So Divisive, Draws More Conservative Support

As Americans head to the polls more divided than ever on social and economic issues, there's one thing they're actually coming together on: cannabis. Much has been made of whether a victory for Democratic nominee Joe Biden, or a potential liberal... Read More

In The News
FDA Issues Draft Guidance on Cannabis Research
2020-07-22 12:43:42
by Dan McCue

WASHINGTON - The Food and Drug Administration issued a draft guidance establishing rules for lawfully researching cannabis. The guidance is limited to the development of drugs and does not cover other FDA-regulated products. Nevertheless, the release of the document and... Read More

House Bill Aims to Make Cannabis Businesses Eligible for COVID-19 Relief
2020-04-24 13:16:43
by Dan McCue

WASHINGTON - A bill introduced by two Democratic congressmen Thursday would make businesses in the previously flourishing cannabis industry eligible to apply for COVID-19 relief programs run through the Small Business Administration. In the wake of the shuttering of many... Read More

State News
Governors Hold Summit on Regional Approach to Cannabis and Vaping Legislation
2019-10-18 21:07:24
by Dan McCue

The governors of five northeastern states came together for a summit on Thursday to discuss the outlines of a joint regional approach to cannabis and vaping policies. "This issue is complicated, controversial and consequential. It is probably one of the... Read More

Straight From The Well
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