Treasury sec. talks cannabis banking (Newsletter: March 17, 2023)

Treasury sec. talks cannabis banking (Newsletter: March 17, 2023)
MJ moment

KY Senate OKs medical marijuana; CO gov wants fed update; NH & DE legalization advances; KS medical cannabis stalls; US medical marijuana use doubles 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… BREAKING: Journalism is often consumed for free, but costs money to produce! While this newsletter is proudly sent without cost to you, our ability to send it each day depends on the financial support of readers who can afford to give it. So if you’ve got a few dollars to spare each month and believe in the work we do, please consider joining us on Patreon today. / TOP THINGS TO KNOW Treasury Sec. Janet Yellen said federal regulators are “looking for solutions” to the marijuana industry’s banking access issues. Meanwhile, Senate Majority Leader Chuck Schumer (D-NY) said he sees an opening to advance the issue in Congress this year. The Kentucky Senate passed a bill to legalize medical cannabis. The House has approved similar bills in past sessions but they have always stalled in the Senate—until now. Colorado Gov. Jared Polis (D) says he has requested that Health and Human Services Sec. Xavier Becerra provide an update on the timeline for the federal government’s marijuana scheduling review. The New Hampshire House of Representatives approved a bill to legalize marijuana—without any regulations or limitations. Separate legalization legislation with provisions to tax and regulate cannabis sales is also advancing. The Kansas Senate Federal and State Affairs…

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Source : Treasury sec. talks cannabis banking (Newsletter: March 17, 2023)

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