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Michigan Governor Whitmer Calls for National Pot Legalization

Michigan Governor Whitmer Calls for National Pot Legalization
wmmq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wmmq.com Daily Mail and Mail on Sunday newspapers.

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The Cannabis Industry Just Took A Big Step Toward Normalization

The Cannabis Industry Just Took A Big Step Toward Normalization
A greenhouse operated by Nevada-based Flower One.
The cannabis industry took a step toward becoming a normal business sector Monday when the U.S. House of Representatives approved by a lopsided vote the Secure and Fair Enforcement Banking Act. The proposed law would allow banks and financial institutions to avoid federal sanctions or prosecution if they do business with cannabis providers. The measure, approved by a 321-101 vote, now moves on to the Senate, where a previous version stalled in 2019.
The SAFE Banking Act has become one of the industry’s most cherished goals, a measure that would allow cannabis providers to secure financing for new development, property acquisitions and operations, instead of being forced to scrape by on cash reserves. It could also provide a big boost to retail landlords, especially those with federally insured mortgages, eager to ....

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House Passes SAFE Banking Act to Protect Banks and Cannabis Companies

Author Bio
Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio.
His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. ....

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Editorial — Shifting attitudes: Federal laws should reflect moves by the states on marijuana

Last week, New York joined more than a dozen other states to legalize recreational marijuana for adults.
After debating it for several years, the state Legislature passed a bill March 30 to decriminalize the possession and use of marijuana. Gov. Andrew M. Cuomo signed the measure the following day.
âThe Marijuana Regulation and Taxation Act immediately legalizes possession of the psychoactive drug derived from cannabis and expunges previous marijuana-related convictions from all New Yorkersâ records. The bill creates a number of adult-use cultivator, processor and distributor, nursery and microbusiness licenses, among others. At least 50% of licenses will be issued to social equity applicants involved in the adult-use program. Officials will give extra priority to low-income applicants impacted by the war on drugs who have, or a close relative has, a marijuana-related conviction,â according to a story published March 30 by the Watertown Daily Times. âOf ....

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Top US lawmakers want to make cannabis federally decriminalized: What to know

Top US lawmakers want to make cannabis federally decriminalized: What to know
CNET
2/21/2021
Dale Smith
© Provided by CNET
Cannabis sativa L., otherwise known as marijuana, is currently legal for recreational use in 15 states and Washington, DC, despite a federal ban. James Martin/CNET
Cannabis legalization or decriminalization (we ll get to the difference in a bit) is one of several issues set to test Democrats slim majority in Congress, along with a $15 minimum wage hike and making Washington, DC, the 51st state.
At the federal level, cannabis continues to be prohibited across the board, resulting in a legally dubious gray market operating in the 42 states with loosened marijuana laws. In contrast, about a third of all adults in the US have access to recreational marijuana, thanks to a patchwork of state and local regulations that have legalized or decriminalized the substance to some degree. ....

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