Categories: aggregated

25% Federal Marijuana Tax, Not Enough Votes, Blocking the Safe Banking Act – Schumer’s Legalization Stumbles Out of the Gate

While not a perfect legalization bill by far, it is a FEDERAL LEGALIZATION BILL, so let’s take our own advice and win the war and lose a few battles. This is great news and it is the first time a majority speaker of the House has ever introduced a cannabis legalization bill. He may not get it passed, but he did put it out there.  The Safe Banking Act, while it does not legalize cannabis, gives legal businesses access to banks and credit cards.  Both bills are extremely important and should get the cannabis industries full support. Will the Cannabis Administration and Opportunity Act pass? Probably not, but it will set the groundwork and lay a plan for Federal legalization.

Jason

Share
Published by
Jason

Recent Posts

Did Tupac’s Friends Really Smoke His Ashes? The Full Story Behind the Legend

Members of Outlawz have said for years that they mixed some of Tupac Shakur’s ashes…

11 hours ago

Land of the Free? US Recorded More Than 200,000 Marijuana Possession Arrests in 2025

State and local police made at least 218,152 marijuana-related arrests in 2025, including 200,960 for…

11 hours ago

Black Cannabis Week Returns to Philadelphia Sept. 25-27, With a Free Expungement Clinic

Three days in Philadelphia, September 25 to 27, with a free record-clearing clinic and a…

1 day ago

Barney’s Farm: 40 Years of Cannabis Seed Genetics

Four decades after its Amsterdam beginnings, Barney’s Farm is marking the milestone with new markets,…

1 day ago

The Americans Most Convinced Weed Is Bad for You Don’t Smoke It Themselves. So, How Do They Know?

Gallup’s new numbers hold a small, awkward pattern: the Americans most convinced cannabis is bad…

1 day ago

The FDA Wants to Know How You Use Cannabis—Useful or Concerning?

The FDA is seeking outside data and analytics services to better understand how people use…

1 day ago