{"id":55154,"date":"2022-06-09T02:26:41","date_gmt":"2022-06-09T10:26:41","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/06\/09\/feds-to-collect-cannabis-business-info-from-banks-newsletter-june-9-2022\/"},"modified":"2022-06-09T05:45:34","modified_gmt":"2022-06-09T13:45:34","slug":"feds-to-collect-cannabis-business-info-from-banks-newsletter-june-9-2022","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/06\/09\/feds-to-collect-cannabis-business-info-from-banks-newsletter-june-9-2022\/","title":{"rendered":"Feds to collect cannabis business info from banks (Newsletter: June 9, 2022)"},"content":{"rendered":"

<\/p>\n

Poll: Most black Americans back legal marijuana; IL gov signs expungements fix; Senator and financial orgs push cannabis banking<\/em><\/p>\n

Subscribe<\/a>\u00a0to receive Marijuana Moment\u2019s newsletter in your inbox every weekday morning. It\u2019s the best way to make sure you know which cannabis stories are shaping the day.<\/p>\n

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Your support makes Marijuana Moment possible\u2026<\/b><\/p>\n

Paid for by readers like you.<\/b> Marijuana Moment\u2019s newsletter and in-depth cannabis reporting is made possible by the 700+ people who subscribe to us on Patreon. <\/span>
\n<\/span>
\n<\/span>Support our work for $25\/month and gain access to valuable insider data, exclusive interview audio, and more: <\/span>https:\/\/www.patreon.com\/marijuanamoment<\/span>
\n<\/span>
\n<\/span><\/a>\/ TOP THINGS TO KNOW<\/b>
\n<\/span>
\n<\/span>The <\/span>Treasury Department\u2019s Office of the Comptroller of the Currency<\/span><\/a> is proposing to start collecting data on marijuana businesses from banks\u2014alongside industries it already tracks like liquor stores, convenience stores, casinos and car dealers.<\/span>
\n<\/span>
\n<\/span>Illinois Gov. J.B. Pritzker (D)<\/span><\/a> signed a bill to make it so people will no longer be denied expungements or record sealing based on a positive marijuana test.<\/span>
\n<\/span>
\n<\/span>A new poll analysis from the Pew Research Center shows that the <\/span>majority of black Americans<\/span><\/a> support legalizing marijuana, releasing cannabis prisoners from jail and expunging past records.<\/span>
\n<\/span>
\n<\/span>Sen. Steve Daines (R-MT)<\/span><\/a> put out a new ad featuring the head of the Montana Bankers Association talking about the need for the senator\u2019s marijuana banking bill.<\/span>
\n<\/span>
\n<\/span>The <\/span>Independent Community Bankers of America and a coalition of 44 state community banking associations<\/span><\/a> from across the country sent a letter calling on Congress to pass marijuana banking legislation through the America COMPETES Act.<\/span>
\n<\/span>
\n<\/span>\/ FEDERAL<\/b>
\n<\/span>
\n<\/span>The <\/span>Drug Enforcement Administration<\/span><\/a> is again asking a federal judge to dismiss a lawsuit filed by a company that claims the agency is blocking its efforts to import and study cannabis.<\/span>
\n<\/span>
\n<\/span>House and Senate members<\/span><\/a> held a press conference to push for legislation to eliminate the sentencing disparity between crack and powder cocaine.<\/span>
\n<\/span>
\n<\/span>Rep. Marie Newman (D-IL)<\/span><\/a> touted an endorsement from the marijuana-focused Better Organizing to Win Legalization (BOWL) PAC, tweeting, \u201cWe must legalize cannabis at the federal level and put equity at the forefront of all we do.\u201d<\/span>
\n<\/span>
\n<\/span>Wisconsin Democratic Senate candidate <\/span>Mandela Barnes<\/span><\/a>, currently the lieutenant governor, tweeted, \u201cIt\u2019s time to legalize weed. It\u2019s BEEN time. Every single person in WI is missing out on a better economy and a more fair justice system. If elected, I\u2019ll vote to legalize marijuana in the Senate.\u201d<\/span>
\n<\/span>
\n<\/span>\/ STATES<\/b>
\n<\/span>
\n<\/span>New York<\/span><\/a> Gov. Kathy Hochul (D) said that marijuana sales are expected to begin \u201cearly next year,\u201d though regulators have consistently said they hope for a launch by the end of 2022.<\/span>
\n<\/span>
\n<\/span>South Dakota<\/span><\/a> voters rejected a constitutional amendment to require that ballot initiatives get 60 percent support in order to be enacted, a proposal that marijuana legalization advocates had highlighted as a possible impediment to the reform passing in November.<\/span>
\n<\/span>
\n<\/span>A <\/span>Colorado<\/span><\/a> judge dismissed a lawsuit challenging medical cannabis restrictions.<\/span>
\n<\/span>
\n<\/span>Washington State<\/span><\/a> regulators approved rulemaking on cannabis pesticide action levels.<\/span>
\n<\/span>
\n<\/span>The <\/span>Pennsylvania<\/span><\/a> Department of Labor & Industry included a session on medical cannabis\u2019s impact on employment issues in a workers\u2019 compensation conference it hosted.<\/span>
\n<\/span>
\n<\/span>Michigan<\/span><\/a> regulators updated the marijuana business complaint submission process.<\/span>
\n<\/span>
\n<\/span>Nevada<\/span><\/a> regulators are recommending a fine against a cannabis company after managers allegedly sold products to an employee in an off-the-books transaction.<\/span>
\n<\/span>
\n<\/span>Michigan<\/span><\/a> regulators posted a marijuana business disciplinary action report for May.<\/span>
\n<\/span>
\n<\/span>Oregon\u2019s<\/span><\/a> Task Force on Cannabis-Derived Intoxicants and Illegal Cannabis Production will meet on Friday.<\/span>
\n<\/span>
\n\u2014
\nMarijuana Moment is already tracking more than 1,000 cannabis, psychedelics and drug policy bills<\/a> in state legislatures and Congress this year. Patreon supporters<\/a> pledging at least $25\/month get access to our interactive maps, charts and hearing calendar so they don\u2019t miss any developments.<\/strong>
\n\"\"<\/a>
\nLearn more about our marijuana bill tracker<\/a> and become a supporter on Patreon<\/a> to get access.
\n\u2014<\/strong><\/strong><\/span><\/p>\n

\/ LOCAL<\/b>
\n<\/span>
\n<\/span>Yellowstone County, Montana<\/span><\/a> voters rejected a ballot measure to ban marijuana businesses, while voters in <\/span>Lewis and Clark County<\/span><\/a> and <\/span>Butte-Silver Bow County <\/span><\/a>approved questions to tax cannabis and <\/span>Granite County<\/span><\/a> voted to ban recreational marijuana dispensaries.<\/span>
\n<\/span>
\n<\/span>A member of the <\/span>San Diego County, California<\/span><\/a> Board of Supervisors is proposing several changes to cannabis rules.<\/span>
\n<\/span>
\n<\/span>A report commissioned by <\/span>Sacramento, California<\/span><\/a> officials found that the cannabis industry is the city\u2019s ninth largest employer, with nearly 8,000 jobs.<\/span>
\n<\/span>
\n<\/span>\/ INTERNATIONAL<\/b>
\n<\/span>
\n<\/span>Ukraine\u2019s<\/span><\/a> cabinet approved a medical cannabis bill.<\/span>
\n<\/span>
\n<\/span>Thailand\u2019s<\/span><\/a> Parliament voted to approve a cannabis control bill.<\/span>
\n<\/span>
\n<\/span>Portuguese<\/span><\/a> lawmakers filed a marijuana legalization bill.<\/span>
\n<\/span>
\n<\/span>A new <\/span>United Arab Emirates<\/span><\/a> law will fine or even potentially imprison people over clothing or bumper stickers that promote the use of drugs, including by displaying cannabis leaves.<\/span>
\n<\/span>
\n<\/span>\/ SCIENCE & HEALTH<\/b>
\n<\/span>
\n<\/span>A study concluded that \u201cacute, oral CBD treatment does not appear to induce feelings of <\/span>intoxication<\/span><\/a> and is unlikely to impair <\/span>cognitive function or driving performance<\/span><\/a>.\u201d<\/span>
\n<\/span>
\n<\/span>A study found that \u201ccannabis use patients were 55% less likely to have <\/span>[hepatocellular carcinoma]<\/span><\/a> compared to patients without cannabis use.\u201d<\/span>
\n<\/span>
\n<\/span>\/ ADVOCACY, OPINION & ANALYSIS<\/b>
\n<\/span>
\n<\/span>A poll found that 91 percent of <\/span>U.S. adult cannabis consumers<\/span><\/a> have used it for health and wellness purposes.<\/span>
\n<\/span>
\n<\/span>\/ BUSINESS<\/b>
\n<\/span>
\n<\/span>Neptune Wellness Solutions Inc.<\/span><\/a> is divesting from its cannabis businesses.<\/span>
\n<\/span>
\n<\/span>The CEO of <\/span>SPENagri Farm<\/span><\/a>, an Oklahoma-based medical cannabis company, reportedly replied to an email from a Vangst sales representative, disparaging them for sharing preferred gender pronouns, writing, among other things, \u201cPlease die so God can rectify his mistake.\u201d<\/span>
\n<\/span>
\n<\/span>Vangst<\/span><\/a> published a report on LGBTQIA+ representation in the cannabis workforce.<\/span>
\n<\/span><\/p>\n

Make sure to\u00a0subscribe<\/a> to get Marijuana Moment\u2019s daily dispatch in your inbox.<\/strong><\/p>\n

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The post Feds to collect cannabis business info from banks (Newsletter: June 9, 2022)<\/a> appeared first on Marijuana Moment<\/a>.<\/p>\n


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Poll: Most black Americans back legal marijuana; IL gov signs expungements fix; Senator and financial orgs push cannabis banking Subscribe\u00a0to receive Marijuana Moment\u2019s newsletter in your inbox every weekday morning. It\u2019s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp =Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":459,"featured_media":55155,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15451],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/55154"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/459"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=55154"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/55154\/revisions"}],"predecessor-version":[{"id":55156,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/55154\/revisions\/55156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media\/55155"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=55154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=55154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=55154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}