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Dem senator’s cannabis banking concerns (Newsletter: May 23, 2023)

MN gov talks signing legalization; MD gov lets marijuana odor search bill become law; CT cannabis resentencing; OH local decrim; NV police hiring

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Minnesota Gov. Tim Walz (D) said he’ll likely sign a marijuana legalization bill into law at a “big”  ceremony after Memorial Day next week—but the state has already launched a website for the new Office of Cannabis Management that’s being created to regulate the market.

Sen. Jack Reed (D-RI) and key officials with the Federal Reserve and Office of the Comptroller of the Currency are raising concerns that a little-noticed section of a marijuana banking bill could undermine financial regulators’ ability to combat fraud, money laundering and pyramid schemes.

Maryland Gov. Wes Moore (D) is allowing a bill to prevent police from using the smell of marijuana

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