Friday, May 20, 2022

Chuck Schumer

Bipartisan Senators Urge Congressional Leaders To Enact Marijuana Banking Legislation

Once passed, the bill would allow banks and financial institutions to accept business from cannabis companies that comply with state regulations.  

Chuck Schumer’s Cannabis Legalization Bill: Back To The Drawing Board Until August

Many Republicans are opposed to legalizing cannabis, which poses one of the biggest hurdles to Schumer getting his bill through the 50-50 split Senate.

What Do Republicans Need In Cannabis Legalization Bill To Support It?

Probably not all Republicans agree on everything regarding marijuana legalization, but some of them are known for supporting it. At least, under specific regulations. By...

Federal Cannabis Legalization Bill Could Get Floor Vote In House, Sooner Than Later

The MORE Act repeals the long-standing federal prohibition of marijuana by removing it from the Controlled Substances Act.

Federal Marijuana Cases Drop Again In 2021 As More States Legalize

As more states legalize, federal officials are apparently placing less emphasis on going after people for cannabis.

Drop The 25% Cannabis Tax, Senator Schumer!

Cannabis advocates speak up against high federal cannabis tax proposals.

Is Medical Marijuana Tax Deductible? IRS Provides Clarity

With tax season upon us, confusion over whether medical marijuana is tax-deductible has come up.

Sixth Time The Charm? Marijuana Banking Bill Sponsor Optimistic About Senate Approval

By Jelena MartinovicEarlier this month, the U.S. House of Representatives formally attached a cannabis banking reform amendment to large-scale legislation dealing with innovation and manufacturing.Following the approval...
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