VT Senate votes to double marijuana possession limit; FDIC head talks cannabis banking; NY senator pushes for legalization
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Miles Lowenfield: “It’s my joy to share to such a great cause! Thanks for your good work! I pledged in order to bring justice where it’s due. No plant on earth should be criminalized. Cannabis is a wonderful plant with hundreds of uses. There’s no reason it should be illegal to consume or grow! I’m grateful for you, Tom! Keep up the good work!” https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW The Vermont Senate voted to double the amount of marijuana that can be possessed and grown without the threat of jail time. The bill also provides for expungements of prior cannabis convictions. The prospects for legalizing marijuana in New Mexico significantly increased after five incumbent Democratic senators who opposed or were skeptical about ending cannabis prohibition lost to progressive primary challengers. Federal Deposit Insurance Corporation Chairwoman Jelena McWilliams said that marijuana business banking access is one of the most challenging issues she’s faced in the role.
“Banks find themselves caught between the federal regulatory regime and the state.”