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ARTICLE · 05 APRIL 2024

The Week In Weed: March 29, 2024

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Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana.

United StatesCannabis & Hemp
Susan Ryan
Susan Ryan
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Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. This week, we see Janet Yellen expressing support for the SAFE Banking Act. Germany legalizes cannabis, but not a retail market. A group of Attorneys General express their views on hemp. And finally, Mike Tyson is selling cannabis edibles – only one guess as to their shape.

YELLEN ON SAFE

Treasury Secretary Janet Yellen supports legislation that would enable banks to provide financial services to the cannabis industry. She has said so in the past, and she's saying it again now. Specifically, she sees serious issues with the need for cannabis businesses to hold large amounts of cash.

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