Trump cannabis order could touch banking & CBD Medicare coverage (Newsletter: December 18, 2025)
GOP lawmaker slams rescheduling; Poll: Voters back legalization; Marijuana in public housing; ME gov candidate: don’t sign recriminalization petition Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Before you dig […]
Cannabis banking issues debated in Senate committee (Newsletter: December 17, 2025)
Bill targets online marijuana ads; Senator attends hemp biz opening; GOP lawmaker: Cannabis a “gateway drug”; Prohibitionist filing in SCOTUS gun case Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… […]
Trump’s Marijuana Rescheduling Order Could Include Industry Banking And CBD Medicare Coverage Provisions, Sources Say
Cannabis industry observers believe it is increasingly likely that President Donald Trump will soon sign an executive order directing federal agencies to complete the marijuana rescheduling process. But multiple reports indicate that the directive could also contain additional components touching on cannabis business banking access and Medicare coverage for CBD. The exact details of the executive […]
Bipartisan Senators Discuss Marijuana Industry Banking Issues As Trump ‘Strongly’ Considers Rescheduling
As President Donald Trump affirms that his administration is “very strongly” considering a proposal to reschedule marijuana, bipartisan senators raised the issue during a hearing with a former state cannabis regulator who testified about the unique challenges federal prohibition imposes on state regulators. While attention within the cannabis community is largely focused on a potentially […]
GOP Congressman Presses Federal Financial Officials On Marijuana Industry’s Banking Access Problems
A GOP congressman is pressing federal financial regulators about the ongoing issues that state-legal marijuana businesses face when trying to access basic banking services under federal prohibition. At a hearing before the House Financial Services Committee on Tuesday, Rep. Warren Davidson (R-OH) asked Comptroller Jonathan Gould whether banks are “still blocking customers who are engaged […]