Nebraska Governor And Other GOP Officials Reject Call For ‘Streamlined’ Marijuana Pardon Process
“Making sure Nebraskans can move on from past mistakes and are fully able to find good jobs is one of the most effective anti-recidivism tools, and is critical for our shared public safety goals.” By Paul Hammel, Nebraska Examiner A trio of state senators renewed their call Tuesday for the State Board of Pardons to […]
3 In 5 Ohio Voters Support Marijuana Legalization Measure Ahead Of November Election, New Poll Finds
Roughly three out of five Ohio voters support a marijuana legalization measure that will appear on November’s ballot, according to a newly released poll, with nearly two thirds of respondents saying they believe legalization in the state is “inevitable.” With less than two weeks before widespread early voting kicks off, 55 percent of respondents said […]
22 State Attorneys General Call On Congress To Pass Marijuana Banking Bill That’s Heading To Senate Floor
A bipartisan coalition of 22 state attorneys general is calling on Congress to pass a marijuana banking bill that cleared a key Senate committee on Wednesday. In a letter sent to congressional leaders on Tuesday, the top law enforcement officials of nearly half the states in the U.S. said they have a “strong interest in […]
Massachusetts Activists Pursue Psychedelics Legalization Initiative With Home Grow After Polling Two Versions
A Massachusetts campaign to put psychedelics legalization on the 2024 ballot has decided to pursue a version of the initiative that would allow for home cultivation. About a month after the state attorney general’s office cleared two versions of the proposal from Massachusetts for Mental Health Options, the campaign says it’s made a decision to […]
Schumer Pledges To Bring Committee-Passed Marijuana Banking BIll To Floor ‘Very Soon’ As GOP Senators Vow To Kill It
Lawmakers, advocates and stakeholders across the spectrum are reacting to Wednesday’s committee passage of a bipartisan marijuana banking bill—with Senate Majority Leader Chuck Schumer (D-NY) pledging to bring it to the floor “very soon” and a group of four GOP senators vowing to kill the legislation. Just before the Senate Banking Committee approved the Secure […]
Young Adults Had ‘Significant Reductions’ In Marijuana Use After Legalization, Study Published By American Medical Association Finds
Young adults who used marijuana frequently before legalization “showed significant reductions in use and consequences” following the policy change, according to a new study of Canadian data published by the American Medical Association that challenges the widespread worry that ending prohibition will lead to a dangerous rise in youth cannabis use. Consumption did tick up […]
: Cannabis stock rise as Senate committee OKs cannabis banking bill
Cannabis stocks moved up Wednesday after the U.S. Senate Committee on Banking, Housing and Urban Affairs approved the Secure and Fair Enforcement Regulation Banking Act, now known as the SAFER Banking Act of 2023. The bill to open up the financial system to legal cannabis companies now heads to the full Senate for a vote after earlier versions of it were initially introduced on Capitol Hill a decade ago. It has been approved by the U.S. House of Representatives seven times and has yet to go to the full Senate for a vote. The AdvisorShares Pure US Cannabis ETF MSOS was up 6% in trades shortly after the vote. The ETFMG Alternative Harvest ETF MJ was up by 3.2%. Among individual cannabis names, Curaleaf Holdings Inc. CURLF was up by 5.4%, Green Thumb Industries Inc. GTBIF was up by 1%, Cresco Labs Inc. CRLBF was up by 1%, Trulieve Cannabis Corp. TCNNF was up by 1%, Tilray Brands Inc. TLRY was up by 2.1%, Canopy Growth Corp. CGC was up by 5.1% and Verano Holdings Corp. VRNOF was up by 3.8%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Watch Live: A U.S. Senate Committee Is Voting On A Marijuana Banking Bill
The Senate Banking Committee is meeting on Wednesday for a much-anticipated vote on a bipartisan marijuana banking bill that will decide if it advances to the floor. Members will vote on the Secure and Fair Enforcement Regulation (SAFER) Banking Act, sponsored by Sens. Jeff Merkley (D-OR) and Steve Daines (R-MT), one week after it was […]
House Democratic Group Pushes To Reduce Hemp Growers’ Regulatory Burdens In Next Farm Bill
A pro-business, center-left group of House Democratic lawmakers is pushing to use the next Farm Bill to reduce regulatory burdens on industrial hemp growers. The New Democrat Coalition, which is comprised of nearly 100 House members and describes itself as “united behind a mission to build an economy that works for every American,” released an […]
Cannabis banking amendments in committee today (Newsletter: September 27, 2023)
NY marijuana bill on gov’s desk; NE medical cannabis ballot push; DOJ drug safe consumption filing; Psychiatrists’ shifting psychedelics attitudes Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: […]