Trade groups push Congress for cannabis banking (Newsletter: March 16, 2020)

Trade groups push Congress for cannabis banking (Newsletter: March 16, 2020)

Study: Legal marijuana increases home prices; Hawaii psilocybin legislation; NFL players approve new drug policy 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: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you’re human: Your support makes Marijuana Moment possible… By starting a $10 per month pledge on Patreon—or about 45 cents per issue of this newsletter—you can help us rely less on ads to cover our expenses, hire more journalists and bring you even more marijuana news. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW Major trade associations and interest groups—including National Conference of State Legislatures, International Council of Shopping Centers, National Association of REALTORS, Brinks Company and Americans for Prosperity—sent a letter asking Senate Banking Committee Chairman Mike Crapo (R-ID) to advance a marijuana banking bill through his committee. Hawaiian lawmakers filed legislation that calls on the state to study the medical benefits of psychedelic mushrooms with the goal of legalizing access to psilocybin. A new study found that legalizing marijuana drives up home values, especially when cannabis stores are nearby. “The creation of a new legal market has direct implications for the local economy, as it establishes new dispensary jobs and reduces arrest rates.All of these factors have well-established impacts on housing markets.” /…

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