The state treasurers' association wants banking access for legal weed, New Jersey sees a sudden decriminalization and expungement bill, a Texas CBD medical marijuana bill gets expanded, and more.
State Treasurers Call on Congress to Pass Marijuana Banking Legislation. The National Association of State Treasurers adopted a resolution last Friday calling on Congress to pass legislation to allow the legal marijuana industry access to financial services. The association "supports common sense federal laws and regulations to provide essential banking services to state legalized cannabis businesses, promote public safety and financial transparency, and facilitate local, state and federal tax and fee collection." The group cited public safety and regulatory concerns. The resolution comes after 17 state treasurers sent a similar letter earlier this month.
New Jersey Marijuana Decriminalization and Expungement Bill Suddenly Emerges. As the push to legalize weed falters in Trenton, lawmakers have come up with a new bill that would decriminalize the possession of up to two ounces and reduce penalties for other marijuana offenses. It would also allow people with existing marijuana convictions to apply for expungement of their records and dismiss pending criminal cases against anyone caught with less than two ounces. This new bill cleared the Senate Health Committee Monday and a vote in the Assembly Appropriations Committee Monday afternoon.
New Jersey Medical Marijuana Expansion Bill Advances. As the legalization push falters in Trenton, a bill that would greatly expand the state's medical marijuana system is now moving. The Jake Honig Compassionate Use Medical Marijuana Act, S 10, was advanced by committees in both the Senate and the Assembly on Monday and could head for floor votes as early as Thursday. The bill increases the amount of medicine patients can buy each month from two to three ounces and legalizes edible forms of medical marijuana.
Texas Senate Committee Expands CBD Medical Marijuana Bill to Include More Patients. The Senate Committee on Health and Human Services last Friday voted to advance HB 3703, which would expand the state's CBD-only Compassionate Use Act. The bill originally expanded the list of qualifying conditions to include multiple sclerosis, epilepsy and spasticity, but the committee amended the bill to add even more conditions: ALS, terminal cancer, and autism. The bill now heads for a Senate floor vote.
Illinois Needle Exchange Bill Filed. State Sen. Melinda Bush (D-Chicago) last Friday filed SB 1828, which would legalize needle exchange programs statewide under regulation by the Department of Public Health. The bill also provides criminal immunity for needle exchange workers. Some counties in the state currently have needle exchange programs, but workers fear being subject to arrest under ambiguous current state laws.