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Oregon Set to Become First State to Legalize Marijuana Business Banking

The Oregon House overwhelmingly passed House Bill 4094 that protects Oregon banks who provide financial services to state-regulated marijuana businesses. The bill initially passed the House on February 16, but it was amended in the Senate when it passed there 18-6 on February 26th, so today the House voted 55-4 to concur with the Senate Amendments. […]

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Vermont Senate Approves Legal Pot As Governor Cheers

Last week the Vermont Senate approved a bill that would legalize marijuana for recreational use in that state, authorizing the licensing and regulation of commercial producers and retailers. If the state House of Representatives follows suit, Vermont will be the first state to legalize marijuana through the legislature rather than the voting booth. Gov. Peter Shumlin, […]

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