Category: industry

Chairwoman Velázquez Introduced Bill To End Marijuana Prohibition And Promote Small Businesses

House Small Business Committee Chairwoman Nydia Velázquez along with Representatives Jared Golden and Dwight Evans introduced a package of legislation, (H.R. 3540, H.R. 3543, and H.R. 3544, to remove marijuana from the Controlled Substances Act and to extend several Small Business Administration (SBA) initiatives to small businesses operating in the cannabis sector.

The STATES Act Reintroduced: Bipartisan Measure Limits Federal Government’s Ability To Interfere With State-Sanctioned Marijuana Business, Policies

Senators Elizabeth Warren (D-MA) and Cory Gardner (R-CO), along with Representatives David Joyce (R-OH) and Earl Blumenauer (D-OR), have reintroduced The Strengthening the Tenth Amendment Through Entrusting States (STATES) Act of 2019. This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises.

New York: the Marijuana Regulation and Taxation Act (MRTA)

A.1617, the Marijuana Regulation and Taxation Act (MRTA), has been re-introduced this legislative session. The bill would legalize the adult possession, use, and regulated sale of marijuana. Over the past twenty years, many New Yorkers have been negatively affected by the harms of prohibition in New York. With people of color accounting for nearly 85% of those arrested annually, the MRTA directs the benefits of taxing and regulating marijuana to these communities. Because structural racism is ingrained in marijuana prohibition, it’s important that the MRTA both ends marijuana prohibition and promotes racial justice. Significant steps are taken in the amended MRTA to ensure racial justice and a small business-friendly industry, including: Creating a micro-licensing structure, similar to New York’s rapidly…

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Chicago NORML Goes To DC

Chicago NORML is very excited to participate in the Minority Cannabis Business Association (MCBA) summit in Washington D.C. and playing a leading role in drafting policy agendas to ensure participation of people of color in the cannabis industry.

New York: State legislature signals support for adult-use cannabis legalization

In news that bodes well for the future of cannabis legalization in the state of New York, both chambers of the state legislature have included legalization language in their annual budget proposals. Both budget proposals also address the expedited expungement of certain marijuana-related convictions, implementing social equity programs in the state’s growing marijuana industry, and diverting tax money earned through the legal cannabis industry to benefit communities that have borne the brunt of the most brutal aspects of marijuana prohibition and the war on drugs in New York. Though Governor Cuomo’s budget proposal does not allow for the personal cultivation of marijuana plants, the NY General Assembly’s budget proposal does promote home cultivation upon the legalization of adult-use and retail…

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