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Janet Yellen Would Welcome Cannabis Banking Reform Legislation, Says It 'May Be Necessary'
Friday, March 22, 2024 - 1:02pm | 701U.S. Treasury Secretary Janet Yellen said on Thursday that she would welcome legislation that would rectify the conflict between federal and state laws on the sale and use of cannabis, which is preventing cannabis companies from accessing the banking system. Rep. Dave Joyce (R-OH), co-chair of the...
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Congressman Dave Joyce Files Cannabis Reclassification Bill Allowing Interstate Commerce, Tax Relief & More
Thursday, December 7, 2023 - 9:04pm | 495In a significant development, Rep. Dave Joyce (R-OH) has reintroduced the Strengthening the Tenth Amendment Through Entrusting States (STATES) 2.0 Act, signaling a renewed effort to end federal marijuana prohibition in states where it is legal. The revised bill, co-sponsored by Rep. Lori...
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Sen. Sherrod Brown, Praised For Cannabis Banking Reform, Undecided Over Home State's Legalization Initiative
Thursday, September 21, 2023 - 3:29pm | 573Senate Banking Committee Chairman Sherrod Brown (D-OH) is dutifully working on the bipartisan cannabis banking bill in Congress, but it seems he’s still lukewarm on a marijuana legalization initiative up for a vote in his home state. Following the successful scheduling the ...
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Cannabis Industry Cuts Lobbying Efforts In Washington Amid Federal Legalization Struggle
Tuesday, August 1, 2023 - 3:27pm | 669The cannabis industry is scaling back its lobbying presence in Washington, facing financial woes due to marijuana's ongoing status of federal illegality. Major players like Curaleaf Holdings Inc (OTCQX: CURLF) have been compelled to slash their lobbying budgets by 40% in the first...
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GOP Rep. Dave Joyce Discusses Power Of Local Engagement In Cannabis Lobby With Benzinga Cannabis Insider
Tuesday, May 16, 2023 - 6:04pm | 878In a recent discussion on cannabis banking and legalization, Representative Dave Joyce (R-OH) joined Javier Hasse and Patrick Lane on Benzinga Cannabis Insider to discuss the challenges and opportunities around the issue. As a staunch advocate for cannabis banking, Rep. Joyce...
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Bipartisan Lawmakers Introduce Legislation To Prepare For 'Inevitable End' To Cannabis Prohibition
Friday, April 14, 2023 - 1:38pm | 484On Thursday, Rep. Dave Joyce (R-OH), House Minority Leader Hakeem Jeffries (D-NY) and Florida's Rep. Brian Mast (R) reintroduced a bill to establish the foundation for legalizing cannabis at the federal level, Marijuana Moment first reported. Joyce, a co-chair of the...
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Rep. Dave Joyce Leads Bipartisan Effort To Protect First Responders From Effects Of Fentanyl
Monday, March 6, 2023 - 12:20pm | 524As the opioid epidemic continues to take a devastating toll across the country, in Northeast Ohio fentanyl is now the most commonly used drug involved in overdoses. As the powerful synthetic opioid is 50 to 100 times stronger than morphine, it has also become a risk to first responders. A...
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GOP House Rep Dave Joyce And Ohio News Editor Align To Drive Local And National Cannabis Reform
Sunday, February 26, 2023 - 8:40pm | 655It seems strange that Ohio voters are being urged to legalize cannabis by the Coalition to Regulate Marijuana Like Alcohol, says a renowned newspaper editor. “As we know, or at least should know, alcohol-impaired driving is responsible for thousands of traffic deaths nationally each...
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Cannabis Legal Market In CA, Weed Consumption Bus, GOP Support For Federal Legalization
Friday, February 24, 2023 - 6:33pm | 955California Cannabis Tax And Legal Sales Drop In Q4 California, which eliminated the cannabis cultivation tax as of the 3Q of 2022, received $221.65 million in tax revenues from legal weed sales in the 4Q, down $ 330.53 million in the period of the previous year, reported Market Watch. The...
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Ten Years After Weed Became Legal In Colorado, Sen. Hickenlooper Introduces Federal Legalization Bill
Friday, December 2, 2022 - 6:00pm | 648Sen. John Hickenlooper (D-CO), who was Colorado’s governor when the state became the first in the union to legalize recreational marijuana, formally introduced a bill calling for federal marijuana legalization. At the time, Hickenlooper was actually against...
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Marijuana Banking Legislation, Expungements Bill Gain Momentum In Congress As Lame Duck Session Nears
Thursday, November 24, 2022 - 12:51pm | 665Last week, U.S. Senate Majority Leader Chuck Schumer met with Senate Banking Chairman Sherrod Brown (D-Ohio), Sens. Steve Daines (R-Montana) and Jeff Merkley (D-Oregon), among other legislators, to talk about the SAFE Banking Act. Lawmakers said they were making an effort to find common...
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Ohio Congressional Candidate Removes Tweets Criticizing Pro-Cannabis GOP Incumbent, What Was The Issue?
Tuesday, September 6, 2022 - 4:02pm | 645An Ohio Democratic congressional candidate recently criticized pro-reform Republican incumbent over his scheduled participation at Benzinga Cannabis Capital Conference, which will take place next September 13-14 In Chicago. Matt Kilboy (D), who also supports legalization, is running to...
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GOP Rep. Brian Mast Selected As Co-Chair of Congressional Cannabis Caucus
Friday, April 8, 2022 - 5:05pm | 483On Friday, Rep. Brian Mast (R-FL) was selected by the Congressional Cannabis Caucus (CCC) to serve as co-chair of the panel, replacing the late Rep. Don Young (R-AK). Mast, is one of just three GOP members who voted in favor of the MORE Act -that would legalize cannabis in the U.S., ...
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AOC, GOP Congressman's New Marijuana Bill Seeks State-Level Cannabis Expungements
Thursday, December 2, 2021 - 6:50pm | 489Ohio Republican Rep. Dave Joyce and New York Democrat Alexandria Ocasio-Cortez introduced new legislation on Thursday that would help states expunge criminal records for people with convictions for non-violent cannabis offenses. The bipartisan bill, which they’re calling...