Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

The New Hampshire House passed an adult-use legalization bill.  Several South Dakota legislators introduced adult-use legalization measures.  Medical marijuana is still on the table in Mississippi.  Cannabis advocate Rep. Earl Perlmutter (D-CO) announced his retirement.  And finally, in Quebec, if you
Continue Reading The Week in Weed: January 14, 2022

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

Our top story this week is a bill that would allow cannabis companies to receive federal stimulus money, and the support it has attracted.  Ballot issues continue in Florida and Montana.  The FDA is cracking down on CBD companies making wild
Continue Reading The Week in Weed: May 1, 2020

Marijuana is estimated to be a $10 billion industry and rapidly growing. Almost all of it is conducted in cash. Although legal in thirty three states plus Washington, D.C., Puerto Rico and Guam, marijuana remains illegal at the federal level. Accordingly, financial institutions that handle proceeds from a transaction involving the distribution, manufacture or sale of marijuana would be handling illegal proceeds in violation of both federal money laundering statutes and banking regulations that prohibit such institutions from participating in any transaction or engaging in any relationship involving illegal proceeds.
Continue Reading Will Banks be Able to Play it SAFE with Marijuana Related Businesses?