{"id":57119,"date":"2022-09-14T02:14:35","date_gmt":"2022-09-14T10:14:35","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/09\/14\/feds-want-more-cannabis-banking-info-newsletter-september-14-2022\/"},"modified":"2022-09-14T19:47:01","modified_gmt":"2022-09-15T03:47:01","slug":"feds-want-more-cannabis-banking-info-newsletter-september-14-2022","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2022\/09\/14\/feds-want-more-cannabis-banking-info-newsletter-september-14-2022\/","title":{"rendered":"Feds want more cannabis banking info (Newsletter: September 14, 2022)"},"content":{"rendered":"

<\/p>\n

MO Supreme Court keeps legalization on ballot; PA marijuana license bill; Atlanta psychedelics decrim; Poll: OR voters still support drug decrim<\/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

Hold on, just one second before you read today\u2019s news. <\/b>Have you thought about giving some financial support to Marijuana Moment? If so, today would be a great day to contribute. We\u2019re planning our reporting for the coming months and it would really help to know what kind of support we can count on.<\/span>
\n<\/span>
\n<\/span>Check us out on Patreon and sign up to give $25\/month today:<\/span>
\n<\/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 asking for White House permission to begin requiring banks to report new information about their marijuana business clients\u2019 accounts.<\/span>
\n<\/span>
\n<\/span>The <\/span>Missouri Supreme Court<\/span><\/a> rejected marijuana opponents\u2019 last-ditch effort to remove a legalization measure from the November ballot.<\/span>
\n<\/span>
\n<\/span>A <\/span>Pennsylvania Republican senator<\/span><\/a> announced plans to file a new bill that would allow all medical cannabis grower\/processors to also open dispensaries\u2014in addition to the five limited companies that are allowed to do so now.<\/span>
\n<\/span>
\n<\/span>The <\/span>Atlanta, Georgia City Council Public Safety & Legal Administration Committee<\/span><\/a> took testimony on a psychedelics decriminalization measure that was recently introduced. Members said they want to schedule a work session on the proposal soon due to \u201csignificant interest from the public.\u201d<\/span>
\n<\/span>
\n<\/span>A new poll found that <\/span>Oregon likely voters<\/span><\/a> continue to strongly support the drug decriminalization law that they approved on the ballot in 2020.<\/span>
\n<\/span>
\n<\/span>\/ FEDERAL<\/b>
\n<\/span>
\n<\/span>White House Office of National Drug Control Policy Director Rahul Gupta<\/span><\/a> answered written questions from the Senate Caucus on International Narcotics Control.<\/span>
\n<\/span>
\n<\/span>Sens. James Lankford (R-OK) and Jim Inhofe (R-OK)<\/span><\/a> filed a bill to institute oversight and transparency of purchases of U.S. agricultural land that could threaten national security, citing concerns about transnational criminal organizations taking advantage of Oklahoma\u2019s medical cannabis law.<\/span>
\n<\/span>
\n<\/span>Sen. Chuck Grassley (R-IA)<\/span><\/a> said he hopes the Senate will soon approve a House-passed cannabis research bill.<\/span>
\n<\/span>
\n<\/span>Sen. Tom Cotton (R-AR)<\/span><\/a> tweeted, \u201cLegalizing marijuana often means more crime, more violence, and more impaired driving.\u00a0 California\u2019s experience is a warning for Arkansas. Vote NO on Issue 4.\u201d<\/span>
\n<\/span>
\n<\/span>Sen. John Boozman (R-AR)<\/span><\/a> tweeted, \u201cArkansans should know legalizing recreational marijuana isn\u2019t the \u201cwin-win\u201d its supporters promise. Learn more about the negative consequences for minors, safety, and more at http:\/\/safeandsecurecommunities.com, and join me in voting NO on Issue 4 this November.\u201d<\/span>
\n<\/span>
\n<\/span>Rep. French Hill (R-AR)<\/span><\/a> tweeted, \u201cAs our nation grapples with a historic labor shortage, anything that could further depress workforce participation and hurt young people is unwise. That\u2019s why I am voting NO on Issue 4. Recreational marijuana is not the answer for #Arkansas.\u201d<\/span>
\n<\/span>
\n<\/span>\/ STATES<\/b>
\n<\/span>
\n<\/span>Arkansas\u2019s<\/span><\/a> secretary of state issued a declaration that a marijuana legalization initiative is insufficient to appear on the November ballot because the State Board of Election Commissioners did not certify its ballot title and popular name\u2014a procedural step needed to advance an overarching challenge concerning the measure in the state Supreme Court.<\/span>
\n<\/span>
\n<\/span>A <\/span>Wisconsin<\/span><\/a> representative announced that a survey he conducted of his constituents shows that 48 percent back legalizing marijuana for both recreational and medical use, 28 percent want to allow medical use only, 18 percent want it to remain criminalized and 6 percent want possession to be decriminalized.<\/span>
\n<\/span>
\n<\/span>An <\/span>Indiana<\/span><\/a> senator tweeted, \u201cAs we get closer to the Study Committee on cannabis policy, it\u2019s important we don\u2019t forget about hemp policy. Hemp can be used for many essential products. Unfortunately, our policies don\u2019t do much to support farmers or give them flexibility. We\u2019ve got the potential to be a leader in hemp farming and manufacturing in Indiana, but we\u2019ve got to modernize our laws to make it happen.\u201d<\/span>
\n<\/span>
\n<\/span>An <\/span>Iowa<\/span><\/a> court ruled that using an out-of-state medical cannabis recommendation is not a valid defense in a marijuana case.<\/span>
\n<\/span>
\n<\/span>The <\/span>North Dakota<\/span><\/a> Department of Health and Human Services is being accused of misleading voters with a fiscal note on the marijuana legalization measure on the November ballot by not including projected tax revenue.<\/span>
\n<\/span>
\n<\/span>Connecticut<\/span><\/a> regulators filed revised marijuana rules.<\/span>
\n<\/span>
\n<\/span>New York<\/span><\/a> regulators approved a partnership on a cannabis fund between the Dormitory Authority of the State of New York and Social Equity Impact Ventures GP I, LLC.<\/span>
\n<\/span>
\n<\/span>California<\/span><\/a> officials published an FAQ about cannabis industry payroll tax reporting.<\/span>
\n<\/span>
\n<\/span>Pennsylvania<\/span><\/a> regulators published a list of pesticides that can be used on medical cannabis.<\/span>
\n<\/span>
\n<\/span>Missouri<\/span><\/a> regulators published updated data on the number of medical cannabis businesses that are approved to operate.<\/span>
\n<\/span>
\n<\/span>Hawaii<\/span><\/a> officials are accepting testimony for the Dual Use of Cannabis Task Force meeting on September 19.<\/span>
\n<\/span>
\n<\/span>Utah<\/span><\/a> regulators posted an update about the medical cannabis program.<\/span>
\n<\/span>
\n<\/span>Vermont<\/span><\/a> regulators will discuss marijuana inventory tracking requirements on Wednesday.<\/span>
\n<\/span>
\n<\/span>Oklahoma<\/span><\/a> regulators will host a webinar about medical cannabis licensing on Thursday.<\/span>
\n<\/span>
\n\u2014
\nMarijuana Moment is tracking more than 1,500 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>The <\/span>Wichita, Kansas<\/span><\/a> City Council <\/span>approved<\/span><\/a> a proposal to decriminalize marijuana, along with fentanyl test strips.<\/span>
\n<\/span>
\n<\/span>San Francisco, California<\/span><\/a> officials are accepting comments on proposed marijuana equity rules.<\/span>
\n<\/span>
\n<\/span>More than two <\/span>California cities and counties<\/span><\/a> could vote on local ballot measures to allow marijuana businesses in November.<\/span>
\n<\/span>
\n<\/span>Etowah County, Alabama<\/span><\/a> officials kept a woman incarcerated for three months because she admitted to smoking marijuana on the same day she found out she was pregnant.<\/span>
\n<\/span>
\n<\/span>\/ INTERNATIONAL<\/b>
\n<\/span>
\n<\/span>British Columbia, <\/span>Canada<\/span><\/a> officials spoke about preparations to implement drug decriminalization early next year.<\/span>
\n<\/span>
\n<\/span>Malaysian<\/span><\/a> officials are warning people not to use cannabis or other illegal drugs while abroad.<\/span>
\n<\/span>
\n<\/span>\/ SCIENCE & HEALTH<\/b>
\n<\/span>
\n<\/span>A review concluded that \u201cthe use of phytocannabinoid-based treatments to disrupt [cancer stem cell] homeostasis is suggested as a potential intervention to <\/span>prevent chemotherapy resistance<\/span><\/a>.\u201d <\/span>
\n<\/span>
\n<\/span>A study found that prenatal cannabis exposure \u201cis associated with persisting vulnerability to <\/span>broad-spectrum psychopathology<\/span><\/a> as children progress through early adolescence.\u201d<\/span>
\n<\/span>
\n<\/span>\/ ADVOCACY, OPINION & ANALYSIS<\/b>
\n<\/span>
\n<\/span>Marijuana Moment\u2019s Kyle Jaeger<\/span><\/a> was named cannabis policy reporter of the year by Benzinga.<\/span>
\n<\/span>
\n<\/span>The <\/span>San Diego Union-Tribune editorial board<\/span><\/a> is calling on California officials to do a better job implementing marijuana legalization.<\/span>
\n<\/span>
\n<\/span>Protecting Colorado\u2019s Kids<\/span><\/a> is a new campaign committee seeking to defeat the psychedelics legalization initiative on the November ballot.<\/span>
\n<\/span>
\n<\/span>One Chance to Grow Up<\/span><\/a> launched an ad campaign warning that using cannabis concentrates can lead to \u201cpsychotic symptoms.\u201d<\/span>
\n<\/span>
\n<\/span>\/ BUSINESS<\/b>
\n<\/span>
\n<\/span>Fire & Flower Holdings Corp. <\/span><\/a>\u00a0reported quarterly revenue of C$40.7 million and a net loss of C$21.6 million.<\/span>
\n<\/span>
\n<\/span>Cooperstate Farms LLC<\/span><\/a> is being sued for allegedly underpaying employees by incorrectly calculating overtime pay.<\/span>
\n<\/span>
\n<\/span>Colorado<\/span><\/a> retailers sold $153.9 million worth of legal marijuana products in July.<\/span>
\n<\/span>
\n<\/span>\/ CULTURE<\/b>
\n<\/span>
\n<\/span>Teddy Gentry<\/span><\/a> of the band Alabama was arrested on marijuana possession charges.<\/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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Photo courtesy of Chris Wallis \/\/ Side Pocket Images.<\/em><\/p>\n

The post Feds want more cannabis banking info (Newsletter: September 14, 2022)<\/a> appeared first on Marijuana Moment<\/a>.<\/p>\n


\n
\nRead More: Feds want more cannabis banking info (Newsletter: September 14, 2022)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MO Supreme Court keeps legalization on ballot; PA marijuana license bill; Atlanta psychedelics decrim; Poll: OR voters still support drug decrim 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() {Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":459,"featured_media":57120,"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\/57119"}],"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=57119"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/57119\/revisions"}],"predecessor-version":[{"id":57121,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/57119\/revisions\/57121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media\/57120"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=57119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=57119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=57119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}