Cannitrol – Cannabis Control Agent

Marijuana news from around the world

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California joins push to let cannabis businesses use banks as part of coronavirus relief

California Attorney General Xavier Becerra is joining a bipartisan group of 34 attorneys general in urging Congress to approve a coronavirus relief package that would let marijuana businesses use traditional banking services. The Democrat-controlled House on Friday, May 15, approved the idea of granting banking access to cannabis businesses as part of the $3 trillion […]

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Banking for marijuana companies included in Congress’ new $3 trillion coronavirus stimulus bill

Cannabis industry advocates applauded House Democrats on Tuesday after a new $3 trillion federal stimulus bill included provisions to allow marijuana businesses access to banking.

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Colorado’s marijuana businesses should be eligible for federal coronavirus aid, Polis tells Congress

Colorado’s cannabis industry is allowed to remain open to provide “critical” services during the coronavirus pandemic, but because marijuana is a federally controlled substance, dispensaries and other businesses are ineligible to receive stimulus funds to help offset the economic impacts caused by COVID-19.

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Letters: Meeting with the enemy demonstrates hypocrisy; Bad for marijuana business, good for criminals; This land is our land; Agree to disagree (2/20/20)

Meeting with the enemy demonstrates hypocrisy This past weekend, Sen. Chris Murphy, D-Conn., secretly met with Iranian Foreign Minister Javad Zarif. Murphy justified this meeting by saying, “I think it’s dangerous to not talk to your enemies. Discussions and negotiations are a way to ease tensions and reduce the chances for crisis.” Read the rest […]

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U.S. House passes bill giving pot businesses access to banking

The U.S. House of Representatives has passed a bill that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry.

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Marijuana industry would no longer be cash-only if this bill passes. And this time, it has a better chance.

U.S. Rep. Ed Perlmutter has again introduced legislation allowing marijuana businesses to use banks, removing a hindrance that has plagued Colorado businesses in the five years since legalization.

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America’s CBD cannabis boom: Brazen claims, fake products, regulatory scrutiny

Got arthritis? Dry skin? Menstrual cramps? Trouble sleeping or feeling stressed? The CBD industry claims it has the cure for you.

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Marijuana banking proposal gets first-ever hearing in U.S. House committee

A proposal to open banking and financial services to marijuana businesses in states that have legalized marijuana has had its first-ever hearing in a U.S.House committee, making Colorado Rep. Ed Perlmutter , one of the authors, optimistic about its chances.

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Legal marijuana industry had banner year in 2018

The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream.

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Lawsuit over pot, property values could have broad impacts

A federal trial in Colorado could have far-reaching effects on the United States’ budding marijuana industry if a jury sides with a couple who say having a cannabis business as a neighbor hurts their property’s value.

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