News

February 14, 2019

Bill to Provide Greater Access for Virginia Medical Cannabis Patients Succeeds

Virginia Senator David Marsden's SB1719 has passed unanimously through both the House of Delegates and the Senate, and is headed to the governor’s desk for signature.
February 14, 2019

Congressional Hearing On Marijuana Banking Held

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses.
February 13, 2019

Veterans Medical Marijuana Access Legislation Introduced In House and Senate

Today, Senator Brian Schatz (D-HI) and Representative Barbara Lee (D-CA) introduced legislation, The Veterans Medical Marijuana Safe Harbor Act, to expand and facilitate medical cannabis access to military veterans suffering from chronic pain, PTSD, and other serious medical conditions.
February 13, 2019

Businesses Need Bank Accounts; Marijuana Shops Included

Currently, state-licensed marijuana businesses face a web of conflicting regulations. Specifically, federal prohibitions largely prohibit these businesses from partnering with financial institutions, processing credit cards, and taking standard business deductions.