State treasurers push cannabis banking in DC (Newsletter: March 16, 2022) – Marijuana Moment

State treasurers push cannabis banking in DC (Newsletter: March 16, 2022) – Marijuana Moment

CO psilocybin initiative; RI legalization hearing; MD psychedelics treatment bill; Hemp wigs for UK lawyers

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/ TOP THINGS TO KNOW

The National Association of State Treasurers held a session on marijuana banking legislation as part of a conference it is hosting in Washington, D.C. Officials in attendance at the event plan to meet with lawmakers on Capitol Hill to discuss the SAFE Banking Act.

Colorado activists picked one of four proposed psychedelics reform initiatives that they will pursue for the November ballot. Signature gathering will begin soon for the measure, which  would legalize psilocybin, create licensed “healing centers” for therapeutic use and seal prior convictions.

The Rhode Island Senate Judiciary Committee held a hearing on a jointly negotiated bicameral marijuana legalization bill, though advocates who testified criticized its expungements provisions for not being automatic.

The Maryland House Appropriations Committee held a hearing on a bill to create a state fund that could be used to provide access to psychedelics like psilocybin, MDMA and ketamine for military veterans suffering from PTSD.

A UK lawyer is disrupting the tradition of wearing horsehair wigs in court with a new vegan hemp-based version.

/ FEDERAL

The Internal Revenue Service denied tax-exempt nonprofit status to a church whose ceremonies involve marijuana use.

Sen. Cory Booker (D-NJ) tweeted, “It’s time for comprehensive cannabis reform in this country.”

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Source: https://www.marijuanamoment.net/state-treasurers-push-cannabis-banking-in-dc-newsletter-march-16-2022/