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ARTICLE · 20 JUNE 2023

The Week In Weed: June 16, 2023

Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. This week, we see how the SAFE Banking Act is faring in the Senate.

United StatesCannabis & Hemp

Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. This week, we see how the SAFE Banking Act is faring in the Senate. We also check in on North Carolina, where medical marijuana could get a vote. We note that Connecticut joined the group of states allowing tax deductions for cannabis companies. We give a shout-out to two members of our cannabis group with an article on medical cannabis and workers' compensation. And finally, we advise you not to count on smoking cannabis at the Minnesota state fair.

SAFE BANKING

Last month, we reported that the SAFE Banking Act got a hearing in the Senate Banking Committee. Now, Sen. Sherrod Brown (D-OH) says the bill could move to markup before the end of June. Before you get too excited, note that the committee has other issues on its plate, including fentanyl and executive compensation, so there's always the possibility that SAFE will miss out. Baby steps...

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