On September 27, The SAFER Banking Act passed the Senate Banking Committee with a bipartisan vote of 14-9. The successful vote marks the first time a version of the cannabis banking legislation has passed a Senate Committee since it was first introduced in Congress all the way back in 2013. The bill … Read more about SAFER Banking Act Passes Senate Committee in Historic Vote
New York’s Office of Cannabis Management to Begin Accepting License Applications on October 4, 2023
On Tuesday, New York State’s Cannabis Control Board (“CCB”) voted to approve the Office of Cannabis Management’s (“OCM”) proposed cannabis regulations.[1] With the CCB’s approval, the OCM announced that it will begin accepting applications through for cultivator, processor, distributor, … Read more about New York’s Office of Cannabis Management to Begin Accepting License Applications on October 4, 2023
MINNESOTA PASSES ADULT USE CANNABIS LEGISLATION
On June 6, 2023, Governor Tim Waltz signed into law a bill legalizing marijuana in the state of Minnesota (the “Bill”).[1] The Bill created Minnesota’s Office of Cannabis Management (“OCM”) which is responsible for designing and implementing the states cannabis regulations.[2] The Bill also mandates … Read more about MINNESOTA PASSES ADULT USE CANNABIS LEGISLATION
Medical Marijuana and Cannabidiol Research Expansion Act
With young adults' marijuana use at an all-time high as states continue to pass legislation legalizing marijuana for medical and/or recreational use, the federal government is, at long last, taking a closer look. As we discussed in a prior blog post, cannabis reform initiatives recently made five … Read more about Medical Marijuana and Cannabidiol Research Expansion Act
Rise of Cannabis-Friendly Vacation Rentals
The vacation rental market is getting a 420-friendly renovation as some industry business owners are starting to offer cannabis at select rental locations. With cannabis growing beyond the traditional confines of dispensaries and cultivation sites, the hospitality space appears to be the next big … Read more about Rise of Cannabis-Friendly Vacation Rentals
States Voting on Cannabis Reform this November
This November, significant efforts to legalize marijuana throughout the US are expected as multiple citizen-led initiatives are set to appear on several states’ ballots. Nineteen states currently have full medical and recreational legalization for marijuana, and yet there are 11 states that still … Read more about States Voting on Cannabis Reform this November
New York’s Recreational Marijuana Landscape: Key Takeaways
On March 31, 2021, Governor Andrew Cuomo signed the Marijuana Regulation and Taxation Act (“MRTA”), legalizing recreational cannabis use in New York state for adults 21 years or older. The move is expected to generate tens of thousands of jobs and hundreds of millions of dollars in revenue for the … Read more about New York’s Recreational Marijuana Landscape: Key Takeaways
House Approves Decriminalizing Cannabis with MORE Act
On Friday, December 4, the U.S. House of Representatives approved yet another landmark piece of cannabis legislation, H.R.3884, or the MORE Act of 2019 (“MORE Act”), which aims to decriminalize cannabis at the federal level. Passed in a 228-164 predominately party-line vote, the MORE Act would … Read more about House Approves Decriminalizing Cannabis with MORE Act