California Senate Approves Cannabis Banking Law
A bill that would create state-chartered banks that would serve the cannabis industry passed the Senate in California. This would allow cannabis businesses to use special checks to pay for rent, fees and taxes. The measure is awaiting approval from the Assembly and the Governor.
North Dakota Eliminates Jail Time for Small Amounts of Marijuana
On August 1st, a bill will go into effect that makes North Dakota the 25th state to eliminate jail time for those found possession of small amounts of marijuana. Possession of up to .5 ounces of marijuana by adults 21+ will be punishable by a maximum fine of $1,000 vs. jail time.
West Virginia Governor Signs Cannabis Banking Bill
In April 2019, Governor Jim Justice signed legislation allowing medical cannabis companies better access to banking services. The bill allows select financial institutions to assist cannabis companies in paying fees and taxes to the state.
Michigan Issues First Delivery Service Licenses
The first delivery service licenses have been issued in Detroit and Portage, Michigan, allowing cannabis to be delivered to patients in municipalities where sales are outlawed. The businesses can deliver up to 2.5 ounces, the daily maximum limit, and are already doing two to three runs per day.
New York Introduces Bill to Ban Marijuana Testing of Job Applicants
In April 2019, New York City Council passed a bill that states employers are no longer able to force applicants to take drug tests. The bill is currently awaiting the Governor’s signature. This is the first bill of its kind in the nation.
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