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'The Banking Crisis For Cannabis Has Been Over' For Several Years, Experts Discuss What's Next
Friday, June 21, 2024 - 9:24am | 844At the recent Benzinga Cannabis Spotlight in New Jersey, experts like Pablo Zuanic, managing partner at Zuanic & Associates, and Tyler Beuerlein from Safe Harbor Financial discussed the end of cannabis banking issues and the risks of overly ambitious regulations. The panel also...
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Video: Schumer Says Marijuana Reclassification Is Necessary But Is Not End Of Story, Presents Bill To Federally Legalize Cannabis
Thursday, May 2, 2024 - 9:16am | 1024U.S. Senators Cory Booker (D), Majority Leader Charles E. Schumer (D) and Finance Committee Chairman Ron Wyden (D-OR) reintroduced the Cannabis Administration and Opportunity Act (CAOA) on Wednesday This comprehensive legislation would end the federal prohibition of cannabis by removing it from the...
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Senator Schumer Drives Moral Imperative In Marijuana Banking Bill Amidst GOP Uncertainty
Thursday, November 2, 2023 - 4:36pm | 708Senate Majority Leader Chuck Schumer (D-NY) is actively pursuing a bipartisan marijuana banking bill and intends to incorporate "criminal justice provisions" into it. In a letter addressed to Todd Harrison, an investor in the cannabis industry, Schumer expressed his plan to integrate...
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Cannabis Chart Of The Week: How Much Run Is Left In MSO Valuation Multiples?
Monday, September 11, 2023 - 2:18pm | 945The MSOS ETF (ARCA: MSOS) gained 69.4% between 8/25/23, five days before the blockbuster announcement of an HHS rescheduling recommendation to this past Friday, 9/8/23. Similarly, the EV/Next-Twelve-Month consensus EBITDA multiples for the group in the chart have increased by 27.5%....
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New Poll: Majority Of U.S. Voters Support Federal Marijuana Legalization, But Do Politicians Care?
Thursday, October 6, 2022 - 8:42am | 1176A majority of U.S. voters support federal marijuana legalization, a new Morning Consult/Politico survey shows. The poll, conducted from Sep. 30 to Oct. 2, 2022, asked a representative sample of 2,005 registered voters if they would like to see cannabis legalized on the federal level...
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Is SAFE Banking Act For Cannabis Moving Closer To Passing? This Analyst Says Yes
Tuesday, October 4, 2022 - 6:09pm | 790Cantor Fitzgerald’s analyst Pablo Zuanic, who recently met with lawmakers in the nation's capital said congressional leaders are poised to pass banking legislation for the cannabis industry in the upcoming elections. According to Zuanic, the marijuana industry may not have to...
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GOP Lawmakers Urge Dems To Consider Environmental Impact Of Cannabis Legislation
Wednesday, September 14, 2022 - 9:30am | 550Republican Reps. Earl Carter of Georgia and Doug Lamborn of Colorado urged Senate Democrats to conduct research into the environmental impact of their proposed cannabis legalization bill. “The American people must have a better understanding of the environmental costs of this...
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Could Federal Cannabis Legalization Backfire? Report Says It Could Trigger Higher Prices In California, Benefiting Illicit Market
Friday, August 26, 2022 - 2:41pm | 430There seems to be a consensus among analysts that if the legalization bill in the Senate were to pass in its current form, “legal cannabis would become even more expensive than it already is”, reported Dan Mitchell for the East Bay Express. According to a report by New Frontier...
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Is Federal Cannabis Legalization A Longshot? Senator Hopes For 'Some Key Reforms'
Friday, August 26, 2022 - 9:07am | 784Last month, a long-awaited U.S. Senate legislation that would decriminalize and deschedule cannabis on the federal level, while also promoting social equity, was unveiled. Known as the Cannabis Administration And Opportunity Act (CAOA) — by Senate Majority Leader Chuck Schumer, Senators...
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Sen. Cory Booker Says He's Optimistic About Federal Marijuana Decriminalization After Signaling Possible Compromise
Thursday, August 4, 2022 - 10:58am | 838Weeks after the long-awaited marijuana decriminalization Senate bill was presented, it has faced a lot of criticism, mostly for its complexity. Many industry experts, such as Cantor Fitzgerald’s Pablo Zuanic and Emily Paxhia, co-founder of one of the longest-running...
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Rappers Pusha-T, Hit-Boy, Styles P, Benny The Butcher And Others Release Video In Support Of Marijuana Legalization
Wednesday, July 27, 2022 - 8:22pm | 426HeadCount, a new campaign to help reform federal marijuana laws, released a video featuring Pusha-T, Hit-Boy, Styles P, and Benny the Butcher, among others, as reported by Complex. Last year, a preceding campaign called "Cannabis In Common” was launched by a...
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The Introduction Of Marijuana Legalization In The Senate Is A Step Forward For Cannabis Banking, Says Congressman Perlmutter
Tuesday, July 26, 2022 - 6:44pm | 548Rep. Ed Perlmutter (D-CO), the House sponsor of a bipartisan cannabis banking bill expressed that the federal legalization measure recently introduced for Senate Majority Leader Chuck Schumer (D-NY) is the “hurdle that lawmakers needed to overcome to finally pass his more modest reform...
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This Is The Unofficial List Of Witnesses To Testify On Federal Marijuana Decriminalization, Chosen By US Senators
Monday, July 25, 2022 - 5:40pm | 706Senators of the Judiciary Subcommittee on Criminal Justice and Counterterrorism, which is setting up a hearing on marijuana reform, presented a non-definite list of possible witnesses to testify on Federal Cannabis Decriminalization, reported Marijuana Moment. The hearing will be held on for...
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BREAKING: Schumer, Booker And Wyden Unveil Cannabis Legalization Bill - Here's What's In It
Thursday, July 21, 2022 - 9:11am | 913A long-awaited U.S. Senate legislation that would decriminalize and deschedule cannabis on the federal level, while also promoting social equity, has finally been unveiled. What Happened: The bill from Senate Majority Leader Chuck Schumer, Senators Ron Wyden, and Cory Booker...
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Chuck Schumer Or Nancy Mace: Whose Cannabis Legalization Bill & Which Candidates Are The Largest Weed Companies Supporting?
Saturday, June 11, 2022 - 4:47pm | 869Federal cannabis reform will be created in the image and likeness of whichever political party is in office when it finally happens. And don’t we know it? In fact, last week Bill Maher bemoaned that "Republicans are going to steal the issue, I think eventually." The Real ...