Feds: Marijuana banking slowdown levels off; TN medical cannabis advances; CT poll; MD legalization hearing
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Alec Johnson of Big Sky Buds: “Marijuana Moment’s bill tracker gives us an edge in the market by allowing us to stay on top of any new developments in the cannabis space.” https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW A new Drug Enforcement Administration report argues that the broadly popular bipartisan legalization of hemp creates complications for police and has been used as a cover for drug cartels. But it also admits that as more states legalize marijuana, illicit trafficking is shrinking. After months of declines in the number of banks working with marijuana businesses, the Treasury Department’s Financial Crimes Enforcement Network reported that the trend has “leveled off.” The Tennessee Senate Government Operations Committee approved a bill to legalize medical marijuana while also rejecting a separate measure to simply study the issue until federal law is changed.