• cannabis banking covid 19 relief bill

Marijuana Banking Provisions Excluded from $900 Billion COVID Relief Package

The year 2020 fell flat for many reasons, and marijuana banking laws did, too. Cannabis banking access was confirmed, ‘Nope!’ in the latest COVID relief package, a $900 billion bill summarized in a tidy 5,593 pages. The omission means that once again, state-legal cannabis businesses will need to practice patience before they have access to

By |January 11th, 2021|
  • marijuana banking access coronavirus relief bill

Marijuana Banking Access Provisions Included in Coronavirus Relief Bill

Long-awaited banking regulations for cannabis looked unlikely to pass, but the newest coronavirus relief bill may be able to bring it across the finish line. The Secure and Fair Enforcement (SAFE) Banking Act has been in the works since last year and actually made historic progress by passing the House of Representatives but seemed to

By |May 26th, 2020|

Federal Reserve Issues Reminder That Banks Can Work With Hemp Businesses

Financial institutions have been cleared to work with hemp businesses, and the Federal Reserve Bank set out recently to remind the banking industry of this.  Though banks had been given the green light to work with hemp-related businesses in late 2019,  they haven’t been flocking to support this industry yet. Hemp businesses were treated exactly

By |March 24th, 2020|
  • West Virginia Medical Marijuana Banking

Medical Marijuana Banking Bill Passed By West Virginia House

West Virginia took a major step in the fight for banking services for cannabis when the state House of Delegates passed a bill that, if adopted, would provide state protections for banks that take on cannabis-related businesses as customers. What does the bill do? The state would not be able to prohibit or penalize (or

By |March 24th, 2019|

Medical Cannabis Trials Set In Australia

Across Australia, the medical marijuana initiative is slowly gaining ground with MPs from the federal and state sectors campaigning for revisions to current marijuana laws. If these officials have their way, terminally ill patients who may benefit from cannabis based therapy may finally have access to the medication they need. Along with these developments, plans

By |September 16th, 2014|

CMAs ‘Outdated Views’: Hindrance To Marijuana Access?

Like many medical organizations, the Canadian Medical Association (CMA) is opposed to the legalization of marijuana for medical use, citing lack of evidence supporting its medicinal value. The president of the organization, Dr. Louis Hugo Francescutti, has even stated that the legalization of medical marijuana would only result in people obtaining marijuana prescriptions, even if

By |August 2nd, 2014|

New Research On How Marijuana Affects Health

Medical science has already proven that marijuana is much less harmful than prohibition proponents would have the public believe, but new research shows that there are at least some risks to using cannabis. Some of the most significant discoveries are that there is a risk that some people may become addicted to marijuana, and that

By |June 9th, 2014|