Senate Banking Committee Chairman Mike Crapo Pumps Brakes on Cannabis Banking Bill

Crapo laid out “significant concerns” about the SAFE Banking Act on Wednesday, suggesting a 2% THC cap on products eligible for financial services.

Business
Regulation

House Lawmakers Push Top FDA Official on Hemp Products and Cannabis Rescheduling 

The conversation covered the proliferation of intoxicating hemp products, as well as the timeline for the federal review of whether to move cannabis from Schedule I to III.

New York

New York Cannabis Regulators Celebrate 100-Store Milestone, Forecast Market Changes Ahead

On Thursday, the state’s cannabis regulators talked about pitfalls to avoid as New York’s market matures.