In the past week, California announced plans to allow banks to serve the cannabis industry, Louisiana saw more doctors apply for medical marijuana permits, U.S. Sen. Ron Wyden, D-Oregon, has cosponsored the Marijuana Justice Act of 2017, the Department of Veteran Affairs (VA) issued policies making it easier for veterans who use medical cannabis to navigate the VA system, Hawaii approved medical marijuana for Amyotrophic Lateral Sclerosis (ALS) and more.
1. Talks are underway in California on a plan to allow banks to serve the marijuana industry as the state moves closer to legalizing recreational marijuana. State officials believe that without an adequate banking system in place, dispensaries and their employees are an easy target for crime. Read more
2. As Louisiana edges toward the rollout of its medical marijuana program in Summer 2018, the number of doctors applying for medical marijuana permits is increasing. Three applications have currently been approved, none have been died and the rest are pending. Read more
3. U.S. Sen. Orrin Hatch, R-Utah, spoke out against the “regulatory acrobatics” required for cannabis research, stating that