Senate holds first hearing on bill

Aaron Smith, CEO of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the U.S. Capitol in Washington, Sept. 14, 2022. Ting Shen | Bloomberg | Getty Images The Senate banking committee is holding its first-ever hearing Thursday on a bipartisan bill that ... Read More

Marijuana Banking Within Reach, But Not Assured

Two weeks ago, the push for Congressional action on cannabis banking reform heated up as members of the National Cannabis Business Association descended on Congress for four days of lobby meetings. Meetings were held over Zoom, as many Congressional offices maintain pandemic protocols that prohibit in person meetings. Longtime Om ... Read More

Congress takes up historic bill to decriminalize cannabis

As the cannabis industry continues to take root state by state, Congress will consider whether to remove marijuana from the federal Controlled Substances Act once and for all. The House will vote Friday on the Marijuana Opportunity Reinvestment and Expungement Act, or MORE Act, which would decriminalize cannabis and clear ... Read More