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Marijuana Banking See’s Necessity and Push Back While More States Push For Legalization

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Treasury Sec. Janet Yellen said “of course” the Internal Revenue Service’s job of collecting taxes would be easier if marijuana businesses could access the banking system. She was responding to a question from Rep. Ed Perlmutter (D-CO) at a hearing.

Sen. Jeff Merkley (D-OR) said he doesn’t see a path to add marijuana banking to the Senate version of the National Defense Authorization Act due to opposition from leadership.

The bipartisan co-chairs of the Congressional Cannabis Caucus sent a letter urging Veterans Affairs Sec. Denis McDonough to allow medical marijuana access for military vets “as soon as possible.” He recently said the department is considering a policy change.

Austin, Texas activists submitted what they say is more than enough signatures to put a marijuana decriminalization measure on the city’s May 2022 ballot.

The Drug Enforcement Administration asked the U.S. Court of Appeals for the D.C. Circuit to dismiss legal challenges to the agency’s hemp rules.

The Senate bill to allow CBD as a dietary supplement got one new cosponsor for a total of three.

The House bill to allow CBD as a dietary supplement got one new cosponsor for a total of 34

Missouri activists launched a signature drive for a marijuana legalization measure they hope to place on the 2022 ballot.

Florida activists said they are getting a good return on mailers they’ve sent to collect signatures on petitions to qualify a marijuana legalization measure for the 2022 ballot.

Minnesota regulators added edibles in the form of gummies and chews to the medical cannabis program, but declined to approve new qualifying conditions.

Mexico’s Supreme Court struck down the prohibition on growing and harvesting hemp as unconstitutional.

A Costa Rica bill to legalize medical cannabis and hemp is advancing toward final votes.

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