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RI cannabis legalization bills approved for floor votes (Newsletter: May 19, 2022)

MN Senate blocks legal marijuana vote; State regulators push banking; NY hemp bill; MA cannabis sales top $3 billion

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The Rhode Island Senate Judiciary Committee and House Finance Committee both approved identical marijuana legalization bills, with floor votes on final passage set for next week.

The Republican-controlled Minnesota Senate blocked the Democratic minority leader’s motion to bring a marijuana legalization bill to the floor for consideration. The Democratic-run House of Representatives passed legal cannabis last year and Gov. Tim Walz (D) supports the reform.

A group of state marijuana regulators from across the U.S. sent a letter telling congressional leaders that the lack of banking access doesn’t just impact cannabis businesses—it also impedes government agencies themselves by making it harder to get financial services.

The New York Senate and Assembly

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