Cannabis News Box

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

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

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) in an attempt to prompt state-chartered banks and credit unions to supply cannabis companies with fi...

Berkeley, California becomes the nation’s 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 will be prohibited from using their resources to assist the enforcement of federal cannabis laws...

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 in states with legal cannabis laws. Colorado Sen. Cory Gardner threatened to hold up Department of Justice nominations until Sessions made changes. ...

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

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 (concluding on March 23, 2018,) following a short-lived government closure. It is not the first time congressi...

Washington State’s 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 it comes to cannabis, last month. Washington state Attorney General Bob Ferguson (D) confirmed in...

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 the memo. First cannabis entrepreneurs called Sessions' order to repeal the Cole Memo a mere publicity...

California Cannabis entrepreneurs claim US Attorney General’s 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 by James M. Cole, states that law enforcement and prosecutors should avoid persecuting those abiding ...

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, and Republican Rep. Mike Coffman signed the letter to Attorney General Sessions. In it, they...

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 country, California, debuted social cannabis sales. The state is expected to launch the world's largest...

Cole Memo