McConnell cheers lack of cannabis banking reform (Newsletter: December 24, 2020)

MJ moment

Canopy sues GW over CBD extraction patent; ID 2022 marijuana initiative; Ossoff runs on cannabis in GA 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… Build Marijuana Moment with us. I’m so proud of our reporting around the 2020 election. Now we’ve got our work cut out covering the implementation of ballot initiatives, an incoming presidential administration, new legislative sessions and more. Activists in some states are already working to qualify for 2022 ballots. We can help readers track all of this if we have the resources. Join Marijuana Moment on Patreon for $25/month and gain access to valuable insider data, bill tracking tools and more: https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW Senate Majority Leader Mitch McConnell (R-KY) sent a press release touting the fact that House-passed marijuana banking provisions were left out of the final version of the stimulus bill recently approved by Congress. “Speaker Pelosi’s partisan bill included… provisions ensuring cannabis businesses can work with federally backed banks and insurers.” Two of the cannabis industry’s biggest players are headed to federal court as Canopy Growth Corporation sues GW Pharmaceuticals for allegedly infringing on its patent for a CBD extraction method. “We have no interest in restricting access to Epidiolex, but the company should be fairly compensated for GW’s use of our intellectual property.“ Idaho activists, who have already filed a medical cannabis initiative for 2022, are now working on a separate measure to legalize recreational marijuana…

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Source : McConnell cheers lack of cannabis banking reform (Newsletter: December 24, 2020)

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