State banking regulators want SAFE passed; CA marijuana tax revenues stall; LA worker protections op-ed
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/ TOP THINGS TO KNOW
The CEO of Ascend Wellness Holdings told Marijuana Moment that his company and other multi-state operators are teaming up to sue the federal government to overturn cannabis prohibition.
He says they’ve retained the law firm of star attorney David Boies, with the goal of filing two separate lawsuits: One focused on stopping the federal government from impeding intrastate cannabis commerce and another challenging a tax provision known as 280E that blocks the industry from taking tax deductions that are available to any other company.
The Conference of State Bank Supervisors, which represents state financial regulators, is calling on Congress to enact marijuana banking
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