CA treasurer wants to overhaul cannabis legalization law (Newsletter: July 31, 2026)
AOC touts psychedelics’ medical “promise”; Study: Covering medical marijuana with workers’ comp; VA THC & kratom enforcement; TX hemp restrictions 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… BREAKING: Journalism […]
California Treasurer Calls Voter-Approved Marijuana Legalization Law A ‘Complete Failure’ That Should Be Replaced With A New Ballot Initiative
California’s marijuana legalization law that voters approved a decade ago has been a “complete failure” and should be replaced with a new ballot initiative that prioritizes consumers and small businesses, the state’s treasurer says. At a hearing she convened on cannabis industry banking challenges on Wednesday, Treasurer Fiona Ma (D) heard from multiple officials, financial […]
California Treasurer Announces Hearing On Marijuana Business Banking Access Issues
The state treasurer of California has announced she will be convening a hearing next week to highlight the marijuana industry’s banking access “challenges” and the effect it has on businesses, workers and communities. The hearing, hosted by Treasurer Fiona Ma (D), comes ten years after a predecessor of hers in the role launched a Cannabis […]