The 20-Second Trick For House passes marijuana banking legislation 321-101

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<h1 style="clear:both" id="content-section-0">The 20-Second Trick For House passes marijuana banking legislation 321-101<br><img width="466" src="https://dailyhempnews.com/wp-content/uploads/2021/02/IMG_5773-1000x600-1.jpg"><br></h1>
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<p class="p__0">Science &amp; Health3 months ago Increasing access to marijuana dispensaries is related to a substantial reduction in opioid-related deaths, according to a new study. "Higher ...</p>
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<p class="p__1">The U.S. Legislature on Monday passed legislation that would permit banks to offer services to marijuana business in states where it is legal, a step towards removing what analysts state is a barrier to development of a nationwide industry. Lawmakers voted 321-101 to approve the costs and send it to the Senate. The costs clarifies that earnings from legitimate cannabis businesses would not be thought about unlawful and directs federal regulators to craft guidelines for how they would supervise such banking activity. Banks have typically been reluctant to do company with business that offer cannabis or associated items, fearing they could run afoul of federal laws.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.baltimoresun.com/resizer/adSbfg47biM1pBCG9CAbjdF69vU=/415x311/top/cloudfront-us-east-1.images.arcpublishing.com/tronc/N2SU33B5ALUIGVNJKWWOFU7HPU.jpg" alt="Marijuana business expanding ahead of planned drug legalization effort in 2020 - Local news - tucson.com"><span style="display:none" itemprop="caption">Indiana state Senator introduces two bills to decriminalize and regulate marijuana - Marijuana News - Detroit - Detroit Metro Times</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://stmedia.stimg.co/1582607250_13573281+Marijuana+Convictions+Cleared.JPG?fit=crop&amp;crop=faces" alt="Marijuana business expanding ahead of planned drug legalization effort in 2020 - Local news - tucson.com"><span style="display:none" itemprop="caption">Marijuana Moment - All your cannabis news, in one place</span>
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<p class="p__2">The American Bankers Association has actually lobbied aggressively for the "SAFE Banking Act" bill. "Banks discover themselves in a hard situation due to the conflict between state and federal law, with regional neighborhoods motivating them to bank cannabis companies and federal law forbiding it," the group wrote in a letter to lawmakers on Monday. "Congress needs to act to fix this conflict." Thirty-six states have legislated medical cannabis while 17 states now permit adult use, according to the National Conference of State Legislatures. Senate Majority Leader Chuck Schumer, in an early-April interview with Politico, stated he would try to advance legislation legalizing cannabis use for grownups.</p>
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<h1 style="clear:both" id="content-section-1">The 6-Minute Rule for Cannabis News - AZ Marijuana<br></h1>
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<p class="p__3">TALLAHASSEE A controversial measure being pondered by Florida legislators to cap the strength of medical cannabis will apparently not become law this year. For Check For Updates , House Expense 1455 appeared to have some momentum in the Republican-led Florida Legislature. In March, Republican legislators in 2 Home committees voted to advance the expense, which, to name a few things, would have topped the quantity of tetrahydrocannabinol (THC) in the marijuana used to patients. (THC is the primary psychoactive component of cannabis). The measure would have had to clear just another committee till it might be heard on the House floor: Health and Person Solutions.</p>
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