Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends12 Maj 2023

Another state legalizes adult-use cannabis and a SAFE banking act update!

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This week's stories:

Cannabis operators paid over $1.8 billion in additional taxes as compared to ordinary businesses – which is forecasted to increase to $2.1 billion in 2023, reports Benzinga.
Marijuana Moment reports that a bill that would have authorized Maine’s governor to enter into agreements with other legal cannabis states to allow interstate cannabis commerce has been rejected.
Marijuana Moment reports that The American Bankers Association (ABA) is renewing its call for the passage of the Secure and Fair Enforcement (SAFE) Banking Act that was refiled last month.
California’s Task Force to Study and Develop Reparation Proposals for African Americans has recommended USD$228 billion in reparations for those affected by the war on drugs, reports Benzinga.
Benzinga reports that Delaware recently enacted two bills which make it the 22nd state to fully legalize recreational cannabis.

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