Cannabis banking left out of omnibus (Newsletter: December 20, 2022)

Cannabis banking left out of omnibus (Newsletter: December 20, 2022)
MJ moment

MN gov: Legal marijuana “by May”; CA legal psychedelics bill refiled; Study: Legalized states have better cannabis public health outcomes 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… Your good deed for the day: donate to an independent publisher like Marijuana Moment and ensure that as many voters as possible have access to the most in-depth cannabis reporting out there. Support our work at / TOP THINGS TO KNOW Congressional staffers confirmed to Marijuana Moment that cannabis banking language is not being included in the omnibus appropriations bill despite a final push by Senate Majority Leader Chuck Schumer (D-NY) and other supporters from both parties. Advocates will now look ahead to 2023 and the possibility of advancing the cannabis reform in a divided Congress. Meanwhile, incoming House Financial Services Committee Chairman Patrick McHenry (R-NC) said he still opposes cannabis banking legislation but won’t stand in the way in the GOP-controlled chamber next year. Ahead of the news about the omnibus, marijuana industry leaders and some law enforcement officials made a final push to include the cannabis banking provisions.  Minnesota Gov. Tim Walz (D) said he expects the state to legalize marijuana “by May.” But the House speaker said she thinks it’ll be on a slower timeline, sometime over the next two years. A California senator refiled his bill to legalize possession of certain psychedelics. The new version—unlike last session’s that cleared the Senate but stalled in the…

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Source : Cannabis banking left out of omnibus (Newsletter: December 20, 2022)

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