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House Republicans Strike Cannabis Banking Provisions From Funding Bill

GOP lawmakers in the U.S. House of Representatives this week removed legislative provisions to protect banks that serve cannabis businesses from a federal funding bill after resistance from fellow Republicans. The legislation was removed from the financial services and general government bill that provides annual funding for the Treasury Department and federal payments for the… Keep Reading

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Illinois Delta-8 Regulation Bill Stalls in House of Representatives

An Illinois bill to legalize hemp-derived cannabinoids such as delta-8 THC has stalled in the House of Representatives after lawmakers left the state capitol without passing the legislation that would have banned sales of the popular products.  The measure was supported by many representatives of Illinois’ regulated marijuana industry who argue that unregulated hemp products… Keep Reading

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2024 Farm Bill Amendment Would Ban Hemp-Derived THC Products

The U.S. House Committee on Agriculture recently released a 942-page draft of the 2024 Farm Bill, also called the Farm, Food, and National Security Act of 2024, on May 17. Currently the bill is projected to cost $1.5 trillion over a 10-year period. During a Farm Bill hearing on May 23, the committee passed an… Keep Reading

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Iowa Governor Signs Bill To Regulate Hemp Products

On May 17, Iowa Gov. Kim Reynolds signed 20 bills prior to the end of the legislative session. One of which was House File 2605, which establishes regulations regarding hemp-derived consumable products that contain THC. The passage of HF-2605 includes new restrictions and penalties applied for hemp-derived consumable sales, manufacturing, and possession. Now, such products… Keep Reading

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Connecticut House Approve Bill Regulating Hemp Products

The Connecticut House of Representatives this week passed a bill to regulate ingestible hemp products, with lawmakers saying the legislation is necessary to protect the public from the potentially harmful effects of hemp-derived cannabinoids. The House approved the measure, House Bill 5150, by a vote of 130-16 on Tuesday, less than three months after it… Keep Reading

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Kamala Harris To Host White House Weed Policy Reform Summit With Fat Joe

Vice President Kamala Harris is hosting a White House meeting to discuss drug policy reform that will feature guests including hip hop artist Fat Joe and others who have benefitted from the cannabis pardons granted by the Biden administration. The Friday meeting will also include Kentucky Governor Andy Beshear, a leading proponent of cannabis legalization… Keep Reading

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