South Dakota Wants Marijuana Legalized

South Dakota is 1 of 17 states where cannabis is still completely illegal. Hopefully, that will turn soon. Marijuana reform groups submitted petitions containing over 80,000 signatures to the South Dakota Secretary of State to qualify two separate marijuana reform ballot initiatives for next year’s election. One initiative would establish a medical marijuana program forContinue reading “South Dakota Wants Marijuana Legalized”

Cannabis Industry Leaders Urge Lawmakers To Remove Marijuana From The Controlled Substances Act

In response to increasing reports of illnesses largely tied to illicit market vape cartridge products, the National Cannabis Industry Association (NCIA) delivered a letter to both chambers of Congress urging sensible and timely federal action. The letter, which was signed by nearly 800 business leaders, advocates, and policy experts, asks lawmakers to immediately work toContinue reading “Cannabis Industry Leaders Urge Lawmakers To Remove Marijuana From The Controlled Substances Act”

Why Banks Do Not Want To Work With Cannabis Companies – Part II: The SAFE Banking Act and the 2018 Farm Bill

In 2013, the Obama administration signed the Cole Memorandum, which formed a federally protected shelter for marijuana companies to operate by employing a hands-off approach of non-prosecution against cannabis businesses and users who comply with state laws. However, in January 2018, Donald Trump appointed former attorney general Jeff Sessions revoked the Cole Memo, generating anContinue reading “Why Banks Do Not Want To Work With Cannabis Companies – Part II: The SAFE Banking Act and the 2018 Farm Bill”

Why Banks Do Not Want To Work With Cannabis Companies – Part I

The long and the short of it is the U.S. federal government remains set on classifying marijuana as a Schedule I drug, deeming it a high potential for abuse with no accepted medical use. It’s basically on the same boat as heroine. Yet, cocaine is classified as Schedule II, less abuse potential than Schedule IContinue reading “Why Banks Do Not Want To Work With Cannabis Companies – Part I”

California To Allow Medical Cannabis At K-12 School Campuses

Last week, Gov. Gavin Newsom – a leading advocate of Proposition 64 – the recreational pot legalization initiative, signed a bill that allows parents in some California districts to bring medical cannabis to their child at K-12 school campuses. The bill was initiated by Sen. Jerry Hill (D-San Mateo). Hill said his bill was crucialContinue reading “California To Allow Medical Cannabis At K-12 School Campuses”