Friday, September 20, 2019

House Marijuana Banking Vote Officially Scheduled For Next Week, Leadership Announces

House leadership confirmed on Friday that a bipartisan marijuana banking bill will receive a floor vote next week. The Secure and Fair Enforcement (SAFE) Banking Act, which cleared the Financial Services Committee in March, will be voted on through a process known as suspension of the rules, requiring two-thirds of the chamber (290 members) to…

Psychedelics May Help Improve Symptoms Of Psychiatric Disorders, Review Finds

Psychedelics with and without accompanying psychotherapy have been found to reduce symptoms associated with at least eight different psychiatric diagnoses, a new scientific review reports. “The conditions treated ranged from depression to autism, with the largest volume of research dedicated to substance use disorders,” the paper states. “The majority of studies that were reviewed demonstrated…

Cannabis banking bill amended ahead of floor vote (Newsletter: September 20, 2019)

Senate bill blocks D.C. legal marijuana sales; Feds fund cannabinoid & terpene research; Lawmakers press FDA on CBD regulations; AOC banking oppo? 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. Email address: Leave this field empty…

Top Senate Democrat Schumer Says Marijuana Banking Bill Isn’t Enough Reform

The U.S. Senate’s top Democrat said on Thursday that Congress should go much further in enacting federal marijuana reform than just passing a cannabis banking bill. “We need decriminalization at the federal level, criminal justice reform, and investment in opportunity for minority & women-owned small businesses,” he tweeted, noting that a number of civil rights…

Major Changes to California Hemp Cultivation Laws are on the Horizon

On September 11, 2019, the California Assembly approved SB-153, a bill aimed at making significant changes to California’s hemp cultivation law. As of September 13, 2019, the bill moved to “enrolled” status, meaning that it’s cleared both houses of the California legislature and will move to the Governor’s office for his signature. It is widely…

These New Marijuana Banking Bill Amendments Could Help Win GOP Support

The sponsor of a bipartisan bill that would resolve banking issues in the marijuana industry is preparing to amend the legislation as a planned House floor vote approaches in order to bolster its appeal among GOP members. The bill, which currently has 206 cosponsors, including 26 Republicans, was revised to clarify that banking protections apply…

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