Is cannabis banking still possible this year? (Newsletter: December 15, 2022)

Is cannabis banking still possible this year? (Newsletter: December 15, 2022)
MJ moment

NY gov signs hemp bill; Congressional marijuana report; 2 million expungements in past 5 years; MT projects more cannabis revenue than alcohol 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… Before you dig into today’s cannabis news, I wanted you to know you can keep this resource free and published daily by subscribing to Marijuana Moment on Patreon. We’re a small independent publication diving deep into the cannabis world and rely on readers like you to keep going. Join us at / TOP THINGS TO KNOW A tweet from a well-connected D.C. journalist caused a stir by reporting that marijuana banking won’t be part of the omnibus appropriations bill that congressional leaders agreed to a framework for, but Rep. Ed Perlmutter (D-CO) and industry leaders are stepping up the push—even as Senate Minority Leader Mitch McConnell (R-KY) renewed his opposition to including unrelated “poison pills.” Meanwhile, Rep. Nancy Mace (R-SC) deleted a tweet in which she appeared to suggest that SAFE Banking won’t pass this year. New York Gov. Kathy Hochul (D) signed a bill aimed at expanding the state’s hemp market by promoting collaborative partnerships to identify more opportunities to utilize the crop and its derivatives for packaging, construction and other purposes. A new Congressional Research Service report looks at the “expanding policy gap” on marijuana as more states continue to enact legalization while Congress refuses to pass significant federal reforms. A new NORML report shows…

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Source : Is cannabis banking still possible this year? (Newsletter: December 15, 2022)

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