Home / Cannabis Articles / Zenpype Buzz / Cannabis Friendly US States Want a Meeting With Jeff Sessions

Cannabis Friendly US States Want a Meeting With Jeff Sessions

The letter, released by California Treasurer John Chiang, said the absence of federal rules “leaves the industry and financial institutions in the dark.” California, Oregon and other marijuana-friendly states are seeking a meeting with U.S. Attorney General Jeff Sessions in hopes of resolving the conflict between federal and state laws that has left the nation’s cannabis industry in legal limbo.

Marijuana is illegal at the federal level, even as 29 states have legalized pot in some form. State treasurers from California, Oregon, Illinois and Pennsylvania told Sessions in a letter Thursday that businesses and banks need greater clarity on how federal law enforcement will respond to the growing legalization trend.

The Trump administration lifted an Obama-era policy in January that kept federal authorities from cracking down on the pot trade in states where the drug is legal.

The letter, released by California Treasurer John Chiang, said the absence of those federal rules “leaves the industry and financial institutions in the dark.”

A shortage of banking services in California’s emerging pot industry is seen as a major obstacle to developing a thriving, regulated marketplace. Legal pot sales for adults kicked off in the state on Jan. 1, but many banks don’t want anything to do with pot money for fear it could expose them to legal trouble from the federal government. That’s left many businesses to operate largely in cash, which can make them a target for theft while posing risks for cannabis workers and the public.

Financial institutions need “some comfort that they will not be prosecuted, or lose access to customer assets, simply for banking this industry,” said the letter, also signed by several cannabis industry groups and the Maine Credit Union League.

Congress this month extended restrictions that prevent the Justice Department from prosecuting medical marijuana cases in legal-pot states. Chiang, a Democratic candidate for governor, earlier formed a task force in an attempt to resolve banking problems for the marijuana industry.

  • Like our articles? Spread some love and let us know in the comments below

[addtoany]

WHO (World Health Organization) Admits They Were Wrong About Cannabis

The World Health Organization is looking to make up for lost time. And while that majority of buddha-lovers are probably in unison when they "WHO CARES!," the organization "re-organization" is still a pretty big W for the weed advocates who fought long and hard for decades on end. World Health Organization committee calls for marijuana …

Kids Were Picking Up Trash For Earth Day. Then They Found A 22-Pound Bale of Weed

In a perfect world, people would have a great deal of respect for the planet we live on and do everything in their power to ensure it continues to thrive in order to allow us to experience the natural wonder of the world. Unfortunately, as you know all too well, the world is far from …

Giant Pharma Stands To Lose $18.five Billion If All 50 States Legalize Clinical Marijuana

Clinical marijuana, or hashish, is taking the scientific global through hurricane since it’s been showed to be a a hit remedy for prerequisites like epilepsy and persistent ache. Scientists are exploring its results within the remedy of nausea, ache, anorexia, despair, and insomnia, and their findings display the potential for cannabinoids to alleviate the unfavorable …

Looking for a Summer Internship? Consider Cannabis

Cannabis jobs are hotter than ever, and the mainstream is finally starting to take note. Last week, the New York Times published an article titled “Cannabis, Marijuana, Weed, Pot? Just Call It a Job Machine,” highlighting the fast growth of marijuana-related job listings on sites like Indeed and ZipRecruiter. At the time, ZipRecruiter’s Julia Pollak …

Why Did the DEA Approve Synthetic Cannabis While the Real Thing Remains Illegal?

A recent development in pain management goes beyond nonsensical and into the realm of downright cruel.The DEA has approved a synthetic version of cannabis as safe for medical use, while millions of people of all ages languish behind bars for minor cannabis possession. Research indicates that altering the chemical structure of cannabis can produce dangerous …

In Florida, You Can Purchase Cannabis Through a Drive-Thru

Louisiana has drive-thru margarita spots, and now Florida has its own drive-thru dispensary. It actually has a few. Curaleaf opened a new drive-thru cannabis dispensary in the United States a few weeks ago, its 23rd dispensary in the state and 43rd in the country. The company currently has the largest number of dispensaries in the …

Researchers Find Illicit Spanish Cannabis Is, Literally, Shit

If you sampled some of the local hash last month at Spannabis, Spain’s annual cannabis festival, and came away feeling in less than tip-top health, we have news you can use. Scientists tested 90 samples of illicit hash obtained in Madrid. 75% were contaminated with fecal matter. Spanish researchers who recently analyzed 90 samples of …

Police Accidentally Get Everyone High After Burning 3 Tons of Marijuana

Sometimes we don’t think things through, and that’s perfectly normal. But this incident, this is just too much. Someone needs to fire (and erase, delete, expel, everything rolled up into one) the person who came up with this dumb, yet hilarious idea. source Turns out Police in West Jakarta in Indonesia got people insanely high …

Monster marijuana plant found in Gold Coast hinterland

A monster marijuana plant has been found on a property at Mt Tamborine in the Gold Coast hinterland after a tip-off by a member of the public. The 3.6 metre mature plant is among the tallest local police have ever seen. It was among 50 plants found camouflaged at the property that police methodically removed, …

‘Patients Are Being Duped’: NBC 6 Tests CBD Products

Arliss Buergo has been using CBD for the last year. She uses it in oil form, with just a drop on her tongue once a day. "Those anxious moments, they seem to just drift away," Buergo said. "I feel just calmer, more at ease, grounded." She considers the extract a natural alternative to treat her …

About Staff

Check Also

Looking for a Summer Internship? Consider Cannabis

https://www.nellis.af.mil/News/Article/285223/spice-use-incompatible-with-military-mission/

Why Did the DEA Approve Synthetic Cannabis While the Real Thing Remains Illegal?

https://commons.wikimedia.org/wiki/File:Drive_Thru_Drugs.jpg

In Florida, You Can Purchase Cannabis Through a Drive-Thru

Leave a Reply