Plan to establish the world’s first state-level banking system for the marijuana industry DENVER — Colorado Gov. John Hickenlooper signed a bill designed to create the world’s first state-level banking system for legal cannabis companies, which lack access to basic banking services creating dangerous and difficult risks. Medical Marijuana News – THCbiz
Tag: Feds
US House Bans Feds From Policing Medical Marijuana States
In a huge win for marijuana reform, the United States House voted 219-189 in favor of the Rorhabacher-Farr Amendment to the government’s appropriations bill. The amendment, simply put, bars the US Department of Justice from spending any taxpayer dollars to interfere… High Times
Feds May Cut Off Water For Legal Marijuana Crops
Some cannabis growers may soon find themselves with a lot less irrigation water if the U.S. government decides to block the use of federal water for state-legal marijuana cultivation. The U.S. Bureau of Reclamation, which oversees management of federal water resources, “is evaluating how the Controlled Substances Act applies in the context of Reclamation project […]
Marijuana Banks Face Tough Going Without Feds’ Help
DENVER — A newly approved state plan aimed at helping Colorado’s marijuana stores handle the vast sums of greenbacks ringing through their cash registers may be dead on arrival unless Congress steps in. Medical Marijuana News – THCbiz
Feds to Deny Water to Washington Marijuana Growers?
Some of Washington’s recently licensed marijuana grow operations have already begun to put the first wave of the state’s legal weed into the ground. However, these newfound cultivation centers are nervous about not having a sufficient enough water supply to br… High Times
Feds Favor Anti-Pot Research
As the nation’s only truly legal supplier of marijuana, the U. S. government keeps tight control of its stash, which is grown in a 12-acre fenced garden on the campus of the University of Mississippi in Oxford. From there, part of the crop is shipped to Research Triangle Institute in North Carolina, where it’s rolled […]
Feds Appeal Medical Marijuana Injunction
The federal government will appeal a March 21 court injunction that lets authorized patients temporarily keep growing their own medical marijuana past April 1, when the old system was to be outlawed. The move by Health Canada keeps thousands of medical marijuana users off balance as to how long they can continue home growing under […]
Feds Relent On Long-Delayed Pot For PTSD Study
Health professionals, patients, and state lawmakers are increasingly advocating for cannabis as a therapeutic option to address the stress and painful memories associated with post-traumatic trauma. Yet, to date, virtually no controlled clinical data exists assessing the … High Times
Big Pharma Blocking Feds From Legalizing Marijuana?
While most of America is still struggling to legalize marijuana for medicinal purposes, a handful of large pharmaceutical companies are already generating a substantial amount of revenue from prescription drugs based on cannabis medicine. High Times
Mexican Feds: Got Shorty!
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