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ARTICLE · 24 MAY 2023

The Week In Weed: May 12, 2023

Seyfarth Shaw LLP
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This week, we have an update on the latest incarnation of the SAFE Banking Act. We look at the legalization signature drive in Ohio. We note that New Jersey has eliminated its version of 280E. .

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 have an update on the latest incarnation of the SAFE Banking Act. We look at the legalization signature drive in Ohio. We note that New Jersey has eliminated its version of 280E. And finally, Jack in the Box is partnering with WeedMaps.

SAFE BANKING

The Senate Banking Committee held a hearing late this week on the difficulties the cannabis industry faces due to a lack of access to the federal banking system. Could this be the first step on the journey to enact the SAFE Banking Act? Possibly, but we've packed these bags before...

OHIO

Proponents of adult-use legalization in Ohio are now collecting signatures for a ballot question, after the Legislature failed to act on their citizens' initiative. The state's medical program is popular, and polling shows support for adult-use running about 60% in favor.

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