A blog chronicling the evolution and implementation of cannabis laws in the United States
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
Often, our news summary focuses on the states – they seem to have all the action. This week, however, we start with news from the federal government. The SAFE Banking Act is back. There’s new legislation that would allow cannabis companies…
Continue Reading The Week in Weed: March 26, 2021
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
Marijuana businesses have had real problems finding banking services, but that task may get easier in California.
In order to keep up with the…
Continue Reading The Week in Weed: June 8, 2018
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.
One of the biggest problems the legal marijuana industry faces is the lack of access to banking services. California is looking to change that.
Following up on a plan he announced last year, California state Treasurer John Chiang on Tuesday outlined the foundation for a public bank for cannabis businesses so they won’t have to operate on a cash-only basis.
State treasurer, attorney general team up to explore creating California pot bank
(Los Angeles Times, 30 January 2018)
California’s treasurer and attorney general will study whether the state should create its own publicly owned bank to serve the state’s now-legal cannabis industry.Continue Reading The Week in Weed: February 2, 2018
Welcome back to The Week in Weed, your weekly look at all things legalized marijuana.
The cannabis industry is becoming increasingly attractive to investors, who are pumping more money than ever into marijuana companies. One indication of the increased…
Continue Reading The Week in Weed: June 10, 2016
