Topic: Legislation

Medical Marijuana Tide Rolling Through Alabama

Alabama has taken a significant step toward legalizing medical marijuana. Last week, the Alabama Senate passed a bill by a 17-6 vote that would create a process for prescribing medical marijuana to patients with certain enumerated conditions. The bill will now go to the Alabama House of Representatives.

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Illinois introduces bill for legalized adult-use recreational marijuana, but will it pass?

After months of speculation, Governor J.B. Pritzker and allies in the General Assembly introduced a bill over the weekend to legalize adult-use recreational marijuana. The bill, if passed, would represent the first time a state has created a recreational marijuana marketplace through legislation rather than ballot initiative.

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Tap the Brakes: Senate Banking Chairman Non-Committal on SAFE Banking Act

Despite overwhelming bipartisan support in the U.S. House, the Secure and Fair Enforcement Banking Act (“SAFE Banking Act”) appears unlikely to pass the Senate any time soon. Senate Banking Chairman Mike Crapo (R-ID), speaking at a conference for the Independent Community Bankers of America, acknowledged the problems created by excluding marijuana-related businesses (MRBs) from the financial system but concluded that “[a]s long as cannabis is illegal under federal law, it seems to me to be difficult for us to resolve the issue.”

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Is the tail wagging the dog? Large retailers’ embrace of CBD health products may force the ‎FDA’s hand

The 2018 Farm Bill marked a significant victory for the cannabis industry because it removed hemp from the list of federal controlled substances. It was widely believed that this legalization would increase acceptance of cannabidiol (CBD), a non-psychoactive cannabinoid that can be extracted from hemp and, its proponents argue, provide a range of health benefits.

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