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.
More than 400 Texans from across the Lone Star State rallied in Austin to lobby state lawmakers in support of marijuana law reforms. Attendees received a free advocacy training and additional resources to support their lobbying efforts.
Senator Ron Wyden has introduced legislation in the Senate — The Marijuana Revenue and Regulation Act — to permit states to establish their own marijuana regulatory policies free from federal interference.