CAOA

U.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...

Senate Majority Leader Chuck Schumer presided over a cannabis policy forum in the Capitol Visitors Center of the Congressional Auditorium on April 20 — an unofficial weed holiday. The Democratic Majority Leader was joined by marijuana proponents, including other government leaders, as...

Many industry experts believe that federal cannabis legalization is inevitable. Everything seems to be pointing in that direction, although, they also agree that it's not happening any time soon. Even with Biden’s recent cannabis pardons action. Marijuana activists seem to have...

A 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...

Last 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...

Thomas Daschle, (D-SD) who served as the Senate Majority Leader from 2001 to 2003 and in the Senate from 1987-2005 is now a co-chair for the Coalition for Cannabis Policy, Education and Regulation. In an opinion piece for The Hill, Daschle shared the...

The U.S. Hemp Roundtable sent a letter Friday to Senators Chuck Schumer, Ron Wyden and Cory Booker, who are the leading sponsors of a recently presented, but long-awaited comprehensive cannabis legalization bill - Cannabis Administration Opportunity Act (CAOA). While the non-profit...

Weeks 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...

The Senate Judiciary Subcommittee on Crime and Terrorism, chaired by Sen. Cory Booker (D-NJ), held a hearing on Tuesday titled “Decriminalizing Cannabis at the Federal Level: Necessary Steps to Address Past Harms.” The meeting came on the heels of last week’s presentation...

A 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...

The Senate Judiciary Subcommittee on Crime and Terrorism, chaired by Sen. Cory Booker (D-NJ), scheduled a meeting for July 26, titled “Decriminalizing Cannabis at the Federal Level: Necessary Steps to Address Past Harms.” The details of the meeting are not yet available....

The Senate has been under a lot of pressure from all sides over the last few weeks to pass the cannabis SAFE Banking Act. Now, senators are trying to push for marijuana banking legislation to be included in a bigger package aimed at improving U.S. competitiveness, which would...

By Laura Chambers, Abaca Cannabis advocates, entrepreneurs, and investors must be resilient, eternal optimists for many reasons – one of them being the annual resurrection of banking reform legislation that passes in the House only to be shot down in the Senate. Cannabis has been state-legal...