Feds say more banks working with cannabis biz (Newsletter: March 3, 2022) – Marijuana Moment

Feds say more banks working with cannabis biz (Newsletter: March 3, 2022) – Marijuana Moment

NJ gov: legal sales in “weeks” despite delay; CO cannabis workplace protections defeated; MI spends marijuana revenue on cities & schools

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/ TOP THINGS TO KNOW

House Judiciary Committee Chairman Jerrold Nadler (D-NY)—whose federal marijuana legalization bill is set for a floor vote in Congress this week—sent a joint fundraising email to the list of cannabis political action committee BOWL PAC.

New Jersey Gov. Phil Murphy (D) said that despite regulators’ delay on voting to let medical cannabis dispensaries start selling recreational cannabis, the launch of sales is still only a “matter of weeks” away. Regulators will meet again on April 11.

The Colorado House Business Affairs & Labor Committee rejected a bill that initially would have allowed medical cannabis use in the workplace—even after amending it to merely create a task force to study employment protections for marijuana consumers.

Michigan officials are distributing nearly $150 million in marijuana tax revenue to localities, public schools and a transportation fund. Meanwhile, regulators approved the state’s first licensed  cannabis consumption lounge.

The Missouri House Veterans Committee held a hearing on a bill to let voters decide on adding greater oversight to ensure that medical cannabis tax revenue goes to veterans services.

/ FEDERAL

The Internal Revenue Service is reportedly ramping up …….

Source: https://www.marijuanamoment.net/feds-say-more-banks-working-with-cannabis-biz-newsletter-march-3-2022/