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.
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