Ohio Senate Panel Takes Up Bill To Amend Voter-Approved Marijuana Legalization Law, But Removes Its Tax Provisions
An Ohio Senate panel on Tuesday took testimony on a invoice that may considerably amend the state’s voter-approved marijuana legalization law—together with by halving the variety of vegetation adults might develop, creating further prison offenses and eliminating sure social fairness provisions. Most testimony heard by the Senate General Government Committee—which is anticipated to vote on […]
House Republicans Strike Cannabis Banking Provisions From Funding Bill
GOP lawmakers within the U.S. House of Representatives this week eliminated legislative provisions to guard banks that serve hashish companies from a federal funding invoice after resistance from fellow Republicans. The laws was faraway from the monetary companies and normal authorities invoice that gives annual funding for the Treasury Department and federal funds for the […]
Florida Lawmaker Withdraws Medical Marijuana Homegrow Bill To Remove Hemp Restriction Provisions
Shortly after a Florida Republican on Monday introduced a medical marijuana homegrow bill that also sought to ban a range of hemp-derived cannabinoids, the lawmaker withdrew the legislation from consideration. He now says he’ll reintroduce the measure without the hemp-related restrictions. SB 334, from Sen. Joe Gruters (R), would have allowed state-registered medical marijuana patients […]
New Illinois Budget Includes Provisions for Cannabis Businesses
Illinois Gov. J.B. Pritzker recently signed a budget bill on June 7 that includes provisions for the cannabis industry, specifically regarding establishing funds dedicated for cannabis businesses and allowing them to take tax deductions. The Fiscal Year 2024 State Budget bill includes the Cannabis Regulation and Tax Act which addresses issues with cannabis businesses not […]