Morgan Fox

Last week, New York legislators announced a three-way agreement between Gov. Andrew Cuomo and the State Legislature (Senate and Assembly) that would fast-track adult-use cannabis in the state. Reports state that the bill expects to include a 13% sales tax with an excise tax of up to 3 cents per...

The signing of the 2018 Farm Bill by President Donald Trump led to a generalized belief that hemp-CBD products had been universally legalized across the country. But recent measures taken by two state legislatures challenge this notion. Last week, two sets of regulations rolled out by the Louisiana...

On Saturday, former vice president and Democratic presidential candidate Joe Biden came out against federal legalization of cannabis. "The truth of the matter is, there's not nearly been enough evidence that has been acquired as to whether or not it is a gateway drug," said...

Last week, Sen. Jeff Merkley (D-OR) and Sen. Cory Gardner (R-CO) introduced the Secure and Fair Enforcement (SAFE) Banking Act into the Senate, counting on the support of 20 cosponsors. This bipartisan piece of legislation was introduced in the House last month, and was approved with bipartisan...

The week brought big cannabis news, with the FDA setting its first hearing regarding CBD's legality in food and drinks for May, and the STATES Act, which aims to protect cannabis businesses and users in legal states from federal intervention, being introduced in Congress. “Allowing...

The House Financial Services Committee voted Thursday in favor of the SAFE Banking Act, which would allow cannabis businesses to work with banks and credit unions. The vote advances the bill to the House floor. The Cannabis Capital Conference is coming back to Toronto! Click here to learn how you...

Congress is poised to consider legislation that would give cannabis companies access to banking. The Secure and Fair Enforcement (SAFE) Banking Act of 2019 was introduced Thursday following a hearing held last month. What Happened The bill was authored by Rep. Ed Perlmutter, a Democrat from...

Members of the House Financial Services Subcommittee on Financial Institutions and Consumer Protection heard testimony Wednesday from representatives of the financial sector, the cannabis industry, law enforcement and the treasurer of California in support of legislation that would make it easier...