[SAFER Banking] Oh io U.S. Senator Sa ys Reform Upsides ‘Overstated’

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As Ohio Legalizes Cannabis, the State’s Junior US Senator Opposes SAFER Banking for Industry

The “upsides of this bill are overstated,” Sen. JD Vance said about providing federal safe harbor to banks servicing state-sanctioned cannabis companies. More >>>

Federal Government Continues to Withhold Key Cannabis Scheduling Recommendation Letter Despite FOIA Requests, Lawsuit

After nearly three months and multiple Freedom of Information Act requests, the U.S. Department of Health and Human Services still has not publicly confirmed that it recommended cannabis be reclassified as a Schedule III controlled substance. One attorney who filed a lawsuit to obtain the letter calls the situation "asinine" and "profoundly disappointing." More >>>

US Sen. Kirsten Gillibrand Calls on DEA to Reclassify Cannabis as Schedule III

The New York Democrat says cannabis “is simply not comparable to other Schedule I substances like heroin, LSD and MDMA.” More >>>

New York Cannabis Sales Eclipse $100M as Missouri Passes $1 Billion in 2023

The Empire State’s regulated adult-use retail market has struggled to pick up steam with a mere 27 operators licensed for commercial sales. More >>>

Lawmakers Urge Federal Officials to Update ‘Out-of-Date Guidance’ on Providing Banking Tools to Cannabis Business Owners Convicted of Cannabis-Related Crimes

A group of 20 Democratic members of the House and Senate sent a letter to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network urging them to revise “red flags” for cannabis business owners. More >>>

California Cannabis Regulators Place Product Embargo on Prerolls, Vape Pens

The Department of Cannabis Control suspects certain products in the state’s regulated market may contain poisonous or harmful substances. More >>>

Pennsylvania House Passes Bill to Allow All Medical Cannabis Growers to Obtain Retail Licenses

State Testing Reveals 42% of Maine’s Medical Cannabis Samples Contain At Least 1 Contaminant

The Cannabist Co. Strikes Multistate Retail, Wholesale Partnership With Leading Vaporizer Brand

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