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It would also provide loans to help small businesses in the cannabis industry that are "owned and controlled by socially and economically disadvantaged individuals," a summary of the bill said. Were a small independent publication diving deep into the cannabis world and rely on readers like you to keep going. Major League Baseball on Tuesday told teams they may use PitchCom, an electronic device that lets a catcher communicate with a pitcher and even some fielders through a signal that will be transmitted in the players caps. Some Democrats are still pushing the president to not just extend the grace period but to forgive some portion of student debt. It doesnt provide the federal protections that cannabis businesses want, but the state-level reform adds pressure on Congress to act. US Executive Branch Update February 28, 2023. The Kentucky Democratic Party tweeted, By killing the bill to legalize medical marijuana, Republican legislators have made it clear where they stand. Do lawmakers try to pass a small, targeted bill that solves a specific concern, which Perlmutters bill does, or do they go big and try to tackle the whole issue? About 70 per cent of Americans now live in states that permit recreational or medical marijuana. at a later date or even retroactively. reported quarterly revenue of $305.3 million and a net loss of $71.5 million. senator hosted a forum on cannabis and hemp regulation. Comprehensive federal cannabis reform with equity for the communities most impacted by the War on Drugs is a Senate priority. Republicans Tom McClintock of California and Matt Gaetz and Brian Mast of Florida voted in favor of the legislation, while Democrats Chris Pappas of New Hampshire and Henry Cueller of Texas voted against it. This Week in 340B: February 21 27, 2023. Congressional Cannabis Caucus co-chair Rep. Dave Joyce (R-OH). Others, including one to lower the proposed tax rate on marijuana, were blocked. The bill, which the House previously passed in 2020, will next head to the US Senate. Now Sen. (Sherwood) Brown is the chair of the (Banking) committee: too limited, too narrow.. hydrogen peroxide poison ivy; brisbane underworld figures; helen's hot chicken owner; john candelaria ex wife; atorvastatine douleurs articulaires; what kind of tree do the keebler elves live in; hotel gotham room service menu; On July 21, 2022, Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR), and Senator Cory Booker (D-NJ) introduced comprehensive federal cannabis reform legislation. As Senate Majority Leader, I say that it is past time to end the federal cannabis prohibition. US Senate holds historic first hearing on marijuana legalization bill By John Schroyer, Chief Correspondent July 26, 2022 - Updated July 26, 2022 Women, minority execs show few gains in U.S. cannabis industry, according to the latest data from the MJBiz Diversity, Inclusion and Equity Report. The California Task Force to Study and Develop Reparation Proposals for African Americans received testimony on the history of policing and the war on drugs. The Associated Press reports that Texas intends to keep arresting people who are holding marijuana. But let me be clear: legalization must include expungement for those serving time for possessing small amounts of marijuana. The common stock dividends declared in 2022 totaled $7.10 per common share and represented an increase of $1.38 or 24% over dividends declared in 2021. Proposed Nursing Home Disclosure Requirements Target Private Equity Companies and How to Make the Best Out of Your Employees Inventions Applicable Rules and Best Practices for Global Companies, Key Changes Are on the Horizon for Retirement Plans, McDermott IP Focus (Japan) 2023 - Life Sciences Session: Pharma Brands v. Generics: Developments Affecting the Balance Between Exclusivity and Market Entry, The Final CCPA Regulations: What You Need To Know. The National Law Review is a free to use, no-log in database of legal and business articles. There are a fair number of people in their 20s and 30s on the list; 86 people on it are under age 40 and a dozen are under age 30. Meanwhile, Senate Majority Leader Chuck Schumer, D-N.Y., has been working with Sens. Three Republicans voted for it: Reps. Matt Gaetz (Fla.), Brian Mast (Fla.) and Tom McClintock (Calif.). Regulate it. A comprehensive article on the state of play for passage of legislation in the States was recently published in the Politico and is linked here and worth reviewing as well. The Georgia House of Representatives rejected the Senates changes to a medical cannabis licensing bill. Its time to end the failed war on drugs. Tax it. The bill. Shamefully, it has encouraged a promiscuous use of the term epidemic to describe conditions that its methodologies are powerless to affect, including racism, gun violence, child abuse, sex trafficking, opioid abuse, obesity and loneliness. A review of studies on cannabis use by people with, explored the unique potential of cannabidiol to serve as a harm-reduction strategy for individuals who are not able or willing to achieve abstinence for cannabis.. The House Rules Committee formally cleared a federal marijuana legalization bill for floor action this week. / STATES On this pivotal day, the U.S. House of Representatives voted and passed a bill to regularize marijuana federally for the second time. Henry Cuellar (Texas) and Chris Pappas (N.H.)voted against the bill. Some amendments were advanced for votes by the full body, including one to reconsider security clearances denied over cannabis. Friday's House vote comes after five more states, including some led by Republicans, approved marijuana programs in the November election. But whether Congresss next step on cannabis will be big or small remains to be seen. The CDC has come under intense scrutiny for its COVID-19 response, which Walensky said in a memo to her staff often necessitated the CDC to move quickly without all of the research it would normally require to make decisions. Covering COVID-19 is a daily Poynter briefing of story ideas about the coronavirus and other timely topics for journalists, written by senior faculty Al Tompkins. April 1, 2022, was the federal legalization bill 2022 vote date. Our newsletters bring you a closer look at the stories that affect you and the music that inspires you. Specifically, it removes marijuana from the list of scheduled substances under the Controlled Substances Act and eliminates criminal penalties for an individual who manufactures, distributes, or possesses marijuana. It starts, the piece says, with narrowing the CDCs focus: Over the last three decades, the CDC has de-emphasized its principal mission of protecting Americans from novel microbes and viruses that, if uncontrolled, can kill millions. The AP, Politico and others are reporting that the Biden administration plans to extend the pause on student loan debt repayment until at least the end of August. House begins cannabis debate with Pelosis support (Newsletter: April 1, 2022), NJ legislators review unacceptable cannabis delay (Newsletter: March 30, 2022). New Mexico Gov. The president has long opposed pot legalization. Under certain state laws the following statements may be required on this website and we have included them in order to be in full compliance with these rules. CGC stock may appeal to bargain hunters, at 70 percent below its recent peak. This bipartisan bill would eliminate public safety hazards, grant state-legal businesses access to the banking system, and allow the IRS to more effectively collect its fair and substantial share. on the history of policing and the war on drugs. authored an op-ed calling on Missouri lawmakers to pass a marijuana legalization bill. Its a more limited approach than what the chambers Democrats just passed; it would treat cannabis like alcohol and contains limited criminal justice reform elements. - Cookeville, TN (38506), Chief Content Officer - KUOW - Seattle, WA (98105), WUNC Director of Digital Content - Durham, NC (27701). The content and links on www.NatLawReview.comare intended for general information purposes only. published a new report looking at how cannabiss Schedule I status impedes research, makes banking difficult and creates collateral consequences for consumers. Pennsylvania Senate Banking & Insurance Committee. Listen now. It passed the House 220 "yea" votes to 204. Attorney Advertising Notice: Prior results do not guarantee a similar outcome. IE 11 is not supported. Friday Development: New Sanctions and Export Controls to Address Weekly IRS Roundup February 20 February 24, 2023, Everything to Know About Unbundled Legal Services. The last time, in 2020, the Senate never even considered the bill. Its time to decriminalize marijuana at the federal level and provide justice for those facing marijuana charges or convictions. Recreational cannabis sales have begun and New Mexicans are EXCITED! Cause people will feel like they checked that box, theyre done now. The 2,668 billionaires on Forbes list are worth $12.7 trillion. And while he agrees that giving existing cannabis companies access to banking services is important, hes not willing to move forward on that issue alone. formally cleared a federal marijuana legalization bill for floor action this week. Its past time for the federal government to catch up. when compared to the overall electrical energy consumption of current builds. The National Law Review is not a law firm nor is www.NatLawReview.com intended to be a referral service for attorneys and/or other professionals. Draft the To Each Their Own: Agency Must Consider Experience of Each Partner in CMS Updates List of Telehealth Services for CY 2023, What You Need to Know About the New Tariffs on Imports from Russia. tweeted about the definition of key bumps amid interest in the topic as Rep. Madison Cawthorn (R-NC) claimed other lawmakers have offered him cocaine. The Marijuana Opportunity Reinvestment and Expungement ( MORE) Act was the first marijuana legalization bill to be put to a floor vote in Congress in more than 50 years, and it passed both times it was submitted to a vote. US Executive Branch Update February 27, 2023. 189, N.C. assemblymembers will participate in a forum on decriminalizing psilocybin on April 19. regulators proposed rules changes on the marijuana business licensing process. Some amendments were advanced for votes by the full body, including one to reconsider security clearances denied over cannabis. House Majority Leader Steny Hoyer (D-MD) said the chamber will take up the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act some time between Wednesday and Your support makes Marijuana Moment possible, Before you dig into todays cannabis news, I wanted you to know you can keep this resource free and published daily by subscribing to Marijuana Moment on Patreon. But each time, Perlmutter has had to watch as the Senate left the idea by the wayside. Statement in compliance with Texas Rules of Professional Conduct. You want to know what is really going on these days, especially in Colorado. If enough senators vote in its favor and Joe Biden accepts it, the. Booker and his group had hoped to unveil their legalization legislation later this month, possibly on April 20, but that deadline has been pushed back to sometime before the August recess. published a scorecard grading state lawmakers on their cannabis votes this session. Some stocks to watch closely are the following: Copyright 2023 Market Realist. Two DemocratsReps. Reform advocates also hope that a package of marijuana policy issues can be approved this fall that combines marijuana research, federal criminal record expungement, and the SAFE Banking Act. Put that pizza box in the trash. The sweeping reform faces an uphill battle in the Senate. [1]The most recent state to pass legislation is Rhode Island, which authorized an adult use program. Mace and others in this debate agree on one thing that the federal status quo is increasingly unsustainable as more states legalize cannabis in one form or another. But let me be clear: legalization must include expungement for those serving time for possessing small amounts of marijuana.. ET The long-awaited federal cannabis legalization bill has made its way to the Senate. RIV Capital, Inc. is acquiring Etain LLC and Etain IP LLC, The decriminalization was backed by 220 against 204 lawmakers, the vast majority being Democrats. Vermont regulators have received 427 marijuana business license prequalification applications. [1]Alaska, Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Hawaii, Illinois, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Virginia, Washington, and West Virginia. The results of Lamar, Colorado initiatives on allowing and taxing recreational marijuana sales were invalidated by a judge who found that the city violated its charter by putting them on the ballot. An op-ed calling on Missouri lawmakers to pass a marijuana legalization bill has made its way to US... 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