The SAFE Banking Act, a bipartisan proposal for giving the cannabis industry access to traditional banking services, was revived last week as a new attachment to a domestic spending bill. Colorado Rep. Ed Perlmutter (D), the original sponsor of the SAFE Banking Act, announced in a press release on Friday that the cannabis banking bill
A lawsuit by an armored car company accuses the Federal Bureau of Investigation (FBI) and San Bernardino County Sheriff’s department of illegally seizing cash it was transporting for licensed cannabis companies in California, the Los Angeles Times reports. Empyreal Logistics alleges the sheriff’s department seized more than $1.1 million in cash over two stops and
Costa Rican President Carlos Alvarado on Thursday partially vetoed a bill to legalize medical cannabis and industrial hemp, citing “technical criteria” such as personal use and cultivation, the Tico Times reports. “I want to say categorically that I support medical cannabis. This is to alleviate people with various diseases, and I even have close and
New Jersey’s top cannabis regulator signaled that adult-use sales in the state are unlikely to begin next month, NJ.com reports. Jeff Brown, the executive director of the state Cannabis Regulatory Commission (CRC) told NJ.com that there “is still a lot to be done” before sales can commence and that the February 22 self-imposed deadline “is
The Connecticut Department of Consumer Protection (DCP) is set to begin accepting some adult-use cannabis license applications next month, starting first with would-be cultivators and retailers seeking social equity licenses. Social-equity applicants pursuing packaging and transport licenses will be able to submit their applications beginning in March. Application periods for the first round of licenses
Amazon has endorsed a Republican-sponsored federal cannabis legalization bill, the New York Post reports. First introduced by Rep. Nancy Mace (R-SC), the legislation seeks to remove cannabis as a Schedule I narcotic, leaving cannabis policy to the states while imposing a 3% federal sales tax on cannabis transactions which would be spent on law enforcement
A new analysis from Leafreport found a 5,100% difference between the cheapest and most expensive CBD products on the market but found a 1.96% price decrease per milligram of CBD since last April. The report shows the cheapest CBD category is CBD isolate, which Leafreport found was 19% cheaper on average compared to April 2021,
Actor and cannabis entrepreneur Jim Belushi appeared on NBC’s “Late Nate with Seth Meyers” last night for an interview about cannabis farming, advocacy efforts, and the launch of the second season of “Growing Belushi,” a Discovery show about Belushi’s cannabis farm in southern Oregon. https://youtube.com/watch?v=cY6cZySISJQ During the interview, Belushi said that while he doesn’t
The U.S. Hemp Building Foundation, the non-profit arm of the U.S. Hemp Building Association (USHBA), earlier this month submitted hempcrete insulation for certification in U.S. building codes, HempBuildMag reports. The hemp and lime material was submitted as an appendix in the International Residential Codes. In an interview with HempBuildMag, USHBA President Jacob Waddell said the
The Ohio House Health Committee on Tuesday passed a bipartisan bill that would add autism spectrum disorder to the state’s medical cannabis qualifying conditions list, Cleveland.com reports. The legislation moves next to the House Rules and Reference Committee which will decide whether to bring the bill to the floor for a vote. The proposal includes
