Tagged With: businesses
New Federal Legislation To Protect Legal Marijuana States And Businesses
Representative Lou Correa (D-CA) has introduced the Sensible Enforcement Of Cannabis Act which would essentially codify the protections that were outlined in the now-rescinded Cole Memo. Upon the introduction, Rep. Correa said, “To date, eight states have legalized recreational cannabis, and twenty-nine states and the District of Columbia, representing more than half of the American population, … Continue reading
Federal – House and Senate Measures Seek to Protect Marijuana Businesses and Consumers
Update: HR 1824 and S 780 were referred to committees. Senator Wyden and Representative Blumenauer have introduced legislation in the House and Senate (HR 1824 and S 780) to offer a wide range of legal protections to state-compliant marijuana-related businesses and consumers. Specifically, these measures will protect consumers in legal marijuana states by ensuring them access to … Continue reading
Federal: Legislation Pending To Cease Penalizing State-Compliant Marijuana Businesses Under the Federal Tax Code
The Small Business Tax Equity Act (SB 777 and HB 1810) is pending in the House and Senate to amend the federal tax code so that state-licensed, marijuana-related businesses are no longer unduly penalized by federal laws. NORML supports these legislative efforts. These measures amend Section 280E of the Federal Income Tax Code so that … Continue reading
Federal: Legislation Pending To Cease Penalizing State-Compliant Marijuana Businesses Under the Federal Tax Code
Federal legislation, XXXXX, is pending in the House and Senate to amend the federal tax code so that state-licensed, marijuana-related businesses are no longer unduly penalized by federal laws. NORML supports these legislative efforts. These measures amend Section 280E of the Federal Income Tax Code so that state-compliant marijuana operators for the first time can … Continue reading
George Rohrbacher: Trump Administration Plans To Ramp Up Government Regulation and Stifle New Marijuana Businesses
By George Rohrbacher, Former Washington State Senator (R), Former NORML board member George Rohrbacher The Trump White House statement last week of plans for stricter enforcement of federal marijuana laws in states with newly voter-approved recreational marijuana laws signals Trump’s surprisingly pro-regulation, anti-business, anti-Liberty stance. Cannabis prohibition is perhaps one of America’s most onerous forms … Continue reading
Federal: House Members Re-Introduce Bipartisan Bill To Prevent Federal Prosecutions Of State-Compliant Marijuana Consumers, Businesses
Representative Dana Rohrabacher (R-CA), along with five other Republicans and six Democrats, has reintroduced legislation to prevent the federal government from criminally prosecuting individuals and/or businesses who are engaging in state-sanctioned activities specific to marijuana. HR 1094 states, ‘‘Notwithstanding any other provision of law, the provisions of this subchapter related to marihuana shall not apply … Continue reading
Federal: Bipartisan Coalition Introduces the Marijuana Businesses Access to Banking Act of 2015
Members of the US House and Senate are sponsoring The Marijuana Businesses Access to Banking Act of 2015 to permit financial institutions to engage in business relationships with the marijuana industry. In November, the bill received support from Senate Minority Leader Harry Reid who signed on as a cosponsor of the bill. The House version of … Continue reading
Federal Court of Appeals Upholds Ban on Prosecuting State-Compliant Medical Marijuana Businesses
A three-judge panel of the US Court of Appeals for the 9th Circuit, covering nine western states, earlier this week ruled unanimously that the Department of Justice is barred by federal law from prosecuting medical marijuana businesses if those businesses are operating in compliance with state law. This decision came in an appeal in which … Continue reading
