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Schumer’s cannabis banking petition (Newsletter: March 25, 2024)

German legalization; USDA OKs GMO hemp with no THC; IN & IL psychedelics; NE hemp 100% tax; Study: CBD for alcohol use disorder

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/ TOP THINGS TO KNOW

Germany’s legalization of marijuana will go into effect on April 1 as planned after the Bundesrat voted against referring the legislation to a mediation committee that would have delayed its enactment by six months.

Senate Majority Leader Chuck Schumer (D-NY) is circulating a petition in support of a marijuana banking bill, saying cannabis businesses are “forced to keep massive amounts of cash on hand—a danger for everyone involved.”

Senate Banking Committee Chairman Sherrod Brown (D-OH) said passing a

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