by InfluencER | Jun 23, 2021 | Politics and Law
Despite most states legalizing cannabis in some form, it is still federally illegal. So many banks, credit unions, and lenders refuse to conduct business with licensed cannabis companies out of fear of federal retaliation. Responding to this, lawmakers have introduced...
by InfluencER | Jun 22, 2021 | Politics and Law
The governor of Connecticut on Tuesday signed a bill to legalize marijuana—making it the 19th state to enact the reform. Gov. Ned Lamont (D) has been broadly supportive of ending prohibition, but the path to get the legalization bill to his desk was rocky. Just as...
by InfluencER | Jun 22, 2021 | Politics and Law
Two Pennsylvania lawmakers are working to build support for a marijuana legalization bill they plan to introduce soon. In a memo sent to colleagues on Monday, Reps. Jake Wheatley (D) and Dan Frankel (D) said the proposal “will create a legal and regulatory framework...
by InfluencER | Jun 22, 2021 | Politics and Law
The governor of Texas allowed a bill that will require the state to study the therapeutic potential of psychedelics to become law without his signature on Friday. This comes days after Gov. Greg Abbott (R) signed separate legislation to modestly expand the state’s...
by InfluencER | Jun 22, 2021 | Investors
The Valens Company Inc., a leading manufacturer of cannabis products, today announced that it has closed its previously announced acquisition of all the issued and outstanding shares of Green Roads and its manufacturing subsidiary (collectively, “Green Roads”). The...
