Feds to collect cannabis business info from banks (Newsletter: June 9, 2022)

Feds to collect cannabis business info from banks (Newsletter: June 9, 2022)
MJ moment

Poll: Most black Americans back legal marijuana; IL gov signs expungements fix; Senator and financial orgs push cannabis banking 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… Paid for by readers like you. Marijuana Moment’s newsletter and in-depth cannabis reporting is made possible by the 700+ people who subscribe to us on Patreon. Support our work for $25/month and gain access to valuable insider data, exclusive interview audio, and more: https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW The Treasury Department’s Office of the Comptroller of the Currency is proposing to start collecting data on marijuana businesses from banks—alongside industries it already tracks like liquor stores, convenience stores, casinos and car dealers. Illinois Gov. J.B. Pritzker (D) signed a bill to make it so people will no longer be denied expungements or record sealing based on a positive marijuana test. A new poll analysis from the Pew Research Center shows that the majority of black Americans support legalizing marijuana, releasing cannabis prisoners from jail and expunging past records. Sen. Steve Daines (R-MT) put out a new ad featuring the head of the Montana Bankers Association talking about the need for the senator’s marijuana banking bill. The Independent Community Bankers of America and a coalition of 44 state community banking associations from across the country sent a letter calling on Congress to pass marijuana banking legislation through the America COMPETES Act. / FEDERAL The Drug Enforcement Administration is again asking a…

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Source : Feds to collect cannabis business info from banks (Newsletter: June 9, 2022)

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