We have big news to share: Just now, the U.S. House of Representatives approved the SAFE Banking Act (H.R. 1595) in a 321-103 floor vote! Today’s vote was historic, as the SAFE Banking Act is the first standalone cannabis bill to ever receive a full vote in Congress.
This legislation would prevent federal financial regulators from punishing financial institutions that provide services to state-legal cannabis businesses. Currently, most banks are unwilling to work with the cannabis industry because…
The emerging cannabis industry — with $17 billion in sales this year — is currently troubled by a lack of racial diversity within its ranks. It is impossible to ignore the fact that members of the African American community and other racial minorities have paid a particularly high price in the war on cannabis. When the business community that follows legalization leaves behind people of color, there is cause for concern.
Recently, equity in the cannabis industry has moved to the forefront of many…
Urge your U.S. Representative to support the SAFE Banking Act of 2019!
Today, 33 states and the District of Columbia have enacted laws allowing for either medical or adult-use cannabis. An additional 14 states allow for limited medical use. But under current law, financial institutions providing banking services to legitimate and licensed cannabis businesses under state laws are subject to criminal prosecution under several federal statutes, such as "aiding and abetting" a federal crime and money…
Get your free tickets today for Maine's premier canna-networking event!
The Marijuana Policy Project will be hosting another great cannabis industry mixer in Portland. Lots of new and exciting developments are happening in Maine, and this event will be a perfect place to meet other folks in the industry. Here are the details:
What: Cannabis Industry Mixer
When: Thursday, February 7, 2019
Where: Cloudport CoWorking, located at 63 Federal Street, Portland, ME 04101
Why: To network with other Mainers…