HOPE Act

Senator Jacky Rosen (D-NV) introduced legislation on Thursday aimed at establishing a cannabis-related federal grant program that would automatically fund expunging or sealing cannabis-related records at the state level, leveraging federal resources. The Harnessing Opportunity by Pursuing...

The Department of Justice issued a memo to congressional leaders regarding the Secure and Fair Enforcement Banking Act of 2021 (SAFE Banking Act) indicating its concerns about the bill. According to the department, the language in the initial House bill “could significantly...

Last week, U.S. Senate Majority Leader Chuck Schumer met with Senate Banking Chairman Sherrod Brown (D-Ohio), Sens. Steve Daines (R-Montana) and Jeff Merkley (D-Oregon), among other legislators, to talk about the SAFE Banking Act. Lawmakers said they were making an effort to find common...

Cantor Fitzgerald’s analyst Pablo Zuanic, who recently met with lawmakers in the nation's capital said congressional leaders are poised to pass banking legislation for the cannabis industry in the upcoming elections. According to Zuanic, the marijuana industry may not have to...

What does the future hold for the cannabis industry in legislative terms? “We've made tremendous progress and I like to say we're getting closer and closer,” U.S. Rep. David Joyce, an Ohio Republican, said Tuesday at the Benzinga Cannabis Capital Conference ...

Will there be an omnibus cannabis legalization bill enacted this year in the U.S.?  According to recent discussions, anything is possible. On the heels of a recent discussion between Sen. Chuck Schumer (D-N.Y.) and GOP House Rep. Dave Joyce (R-OH) on possible...

Democrat Gary Chambers, who is seeking a U.S. Senate seat from Louisiana, released a campaign ad on Tuesday in which he smokes a sizable blunt while sitting in an armchair looking about as chill as someone could possibly look. But Chambers is dead serious about the harms of cannabis criminalization...