Treasury secretary won’t make cannabis banking fix (Newsletter: March 5, 2020)

Feds study CBD as opioid alternative; Mexico committees OK legalization; Louisiana cities could vote on marijuana; Oakland psychedelic sales plan 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… There are now 1,394 cannabis-related bills moving through state legislatures and Congress for 2020 sessions. Never let a marijuana bill catch you by surprise with exclusive access to Marijuana Moment’s custom-built cannabis legislation tracker for just $25/month. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW Treasury Secretary Steven Mnuchin acknowledged during a House hearing that the gap between state and federal marijuana laws creates “significant problems” for banks and financial regulators, but he rejected a lawmaker’s suggestion that he take administrative action to fix it. National Institute on Drug Abuse Director Nora Volkow discussed marijuana’s benefits and risks at a House hearing and said the federal government is funding research to investigate whether CBD can “help treat different types of addiction, including opioid addiction.” Several Mexican Senate committees voted to approve a marijuana legalization bill. A Louisiana representative filed legislation that would let voters decide whether to legalize marijuana locally within their cities. Oakland, California activists recently held a meeting to begin…

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