The head of the American Banker's Association is predicting that the U.S. House of Representatives will pass legislation allowing banks to service the business of companies in states where marijuana products are legal: "In an interview on the podcast Engage with Andy Busch that was released on Friday, ABA CEO Rob Nichols said that his group will be actively lobbying for the bipartisan cannabis banking bill in order to provide clarity to financial institutions that currently worry that … [Read more...] about Expected Passage of Marijuana Banking Bill by House
Epidiolex – New CBD Oil Drug Will Be Legal Under Federal Law, Classified As Schedule V for Certain FDA-Approved Drugs Containing Cannabidiol
Epidiolex is now the only legal CBD oil recognized under federal law. CBD is the non-psychoactive cannabinoid derived from the hemp plant that many people use for its supposed therapeutic properties to treat several ailments and chronic illnesses. According to reports the 2018 U.S. Farm Bill is set to remove hemp from the Drug Enforcement Administration list of controlled substances. New sources have revealed that Epidiolex was approved this summer by the FDA and the U.S. Drug Enforcement … [Read more...] about Epidiolex – New CBD Oil Drug Will Be Legal Under Federal Law, Classified As Schedule V for Certain FDA-Approved Drugs Containing Cannabidiol
Proposed Veterans Medical Marijuana Safe Harbor Act could Legalize Cannabis for Military
As the growing population of military veterans seek access and rights to use medical cannabis to treat PTSD, chronic pain and other mental and physical war wounds, new legislation has now been filed by two Democratic senators (Senator Brian Schatz (D-HI) and Senator Bill Nelson (D-FL) that aims to basically legalize medical marijuana for them and let government physicians enable them to have access to it. According to reports, the Veterans Medical Marijuana Safe Harbor Act, would allow veterans … [Read more...] about Proposed Veterans Medical Marijuana Safe Harbor Act could Legalize Cannabis for Military
