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New York’s Department of Financial Services will not sanction state-chartered banks and credit unions

The guidance was issued in response to queries from financial institutions regarding provision of financial services to state-licensed medical cannabis-related businesses.
Bethan Rose Jenkins, Cannabis News Writer/Editorial July 26, 2018

Cannabis industry banking issues are causing concern among New York’s financial officials. On July 3, 2018, fresh guidance was issued by New York State’s Department of Financial Services (NYSDFS)...

Berkeley, California becomes the nations first social cannabis sanctuary city

Berkeley, California becomes the nation’s first social cannabis “sanctuary city”

February 20, 2018

Last week, the Berkeley city council voted unanimously to become a sanctuary city for social cannabis – the first of its kind. What does a cannabis sanctuary city entail? City employees and agencies...

Colorado Senator and US Attorney General Sessions protest, butt heads over Cole Memo

Colorado Senator and US Attorney General Sessions protest, butt heads over Cole Memo

Annureet Kaur February 12, 2018

Political unrest reached an all time high after Colorado senator decided to protest against US Attorney General Jeff Sessions action to repeal the Cole Memo – a memo that prevented federal interference...

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Medical cannabis business owners breathe sigh of relief as Rohrabacher-Blumenauer Amendment is extended

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 12, 2018

On February 9, 2018, Congress voted to safeguard medical cannabis states from federal persecution… again. This temporary resolution under the Rohrabacher-Blumenauer Amendment will last for six weeks...

Washington States attorney general is ready to file suit against the Trump administration

Washington State’s attorney general is ready to file suit against the Trump administration

February 1, 2018

Why, you may ask? It all started with Attorney General Jeff Session rescinding the Cole Memo, or a memo which outlined federal protections for businesses or persons abiding by their own state laws when...

California congresswoman introduces legislation to replace Cole Memo

California congresswoman introduces legislation to replace Cole Memo

Annureet Kaur January 16, 2018

Attorney General Jeff Sessions' decision to repeal the Cole Memo last week is seeming like less and less of a threat to the cannabis industry after House representatives are finding other ways to replace...

California Cannabis entrepreneurs claim US Attorney Generals policy to repeal Cole Memo guidelines is just a publicity stunt

California Cannabis entrepreneurs claim US Attorney General’s policy to repeal Cole Memo guidelines is just a publicity stunt

Annureet Kaur January 11, 2018

California had just started legal sales of social cannabis when US Attorney General Jeff Sessions announced that the Department of Justice would rescind the Cole Memo. The Cole Memo, originally drafted...

Colorado Congress members send letter to US Attorney General to reinstate Cole Memo

Colorado Congress members send letter to US Attorney General to reinstate Cole Memo

Annureet Kaur January 10, 2018

Colorado congress members wrote a letter to US Attorney General Jeff Sessions urging him to reconsider the rescission of the Cole Memo. Democratic representatives Jared Polis, Diana DeGette and Ed Perlmutter,...

Breaking: Attorney General Jeff Session rescinds cannabis protections

Breaking: Attorney General Jeff Session rescinds cannabis protections

January 4, 2018

Attorney General Jeff Sessions rescinded the Cole Memo, which provided protections for states with legalized cannabis, on Thursday. The move comes only three days after the most populous state in the...

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