New Congress Holds First Cannabis Hearing

Last Wednesday, the 116th Congress held their first cannabis-related hearing before the Consumer Protection and Financial Institutions Subcommittee. Addressing the current banking and regulatory obstacles faced by cannabis enterprises, the hearing was also tasked with handling the threat of the … Read more about New Congress Holds First Cannabis Hearing

State-Backed Cannabis Bank Bill Passes California Senate

Last week, California lawmakers moved to create a bank backed by the state that would help handle money from the state's newly created recreational marijuana market. The bill, SB930, which would allow charter banks and credit unions regulated by the California Department of Business Oversight to … Read more about State-Backed Cannabis Bank Bill Passes California Senate

RLG Reacts to the Restraining Excessive Federal Enforcement and Regulations of Cannabis Act (REFER Act) 

A bill has been introduced in the House that would protect states with cannabis laws from interference by the Federal government. Known as the Restraining Excessive Federal Enforcement and Regulations of Cannabis Act (REFER Act), the bill would protect both medical and recreational cannabis at the … Read more about RLG Reacts to the Restraining Excessive Federal Enforcement and Regulations of Cannabis Act (REFER Act) 

New York Times Article Published with Extensive Input From RLG

The New York Times just published an article on cannabis banking. RLG founder Dave Rodman spent hours on the phone during the summer of 2017 explaining the realities of the cannabis industry and the available banking options to the article's author, Mr. Robb Mandelbaum. "I was more than happy to … Read more about New York Times Article Published with Extensive Input From RLG