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2023 ESG State Legislation Wrap Up

In January of 2021, Senate Bill 2291 was introduced into the North Dakota state senate. It was considered, adopted, and signed into law three months later in March of 2021. This bill was the first of what would become scores...more

In the Weeds: The States Reform Act of 2021, the Latest Comprehensive Cannabis Reform Bill

On 15 November 2021, Representative Nancy Mace (R-SC) introduced a comprehensive cannabis reform bill: the “States Reform Act” (SRA). As discussed in further detail below, the SRA would deschedule cannabis from the Controlled...more

Cannabis Banking: The SAFE Banking Act 2.0 Passes the House of Representatives

On 19 April 2021, the House of Representatives passed the “Secure and Fair Enforcement (SAFE) Banking Act of 2021”1 by a vote of 321-101. The bill was approved on a significantly bipartisan basis as 106 Republicans...more

Cannabis Banking: The SAFE Banking Act 2.0's Status, Key Modifications, and Prospects

Introduction - In September 2019, the U.S. House of Representatives passed the “Secure and Fair Enforcement (SAFE) Banking Act of 2019”, the first stand-alone cannabis legislation to be approved by the House of...more

COVID-19: Congress Set To Approve Historic Coronavirus Relief Package

On Wednesday, March 25, a historic, bipartisan deal was reached in the Senate to offer $2 trillion in health care and economic relief to Americans and businesses amid the ongoing novel coronavirus (COVID-19) pandemic. The...more

Congress and the President Strike a “Huuuge” Budget Deal: What It Means and Opportunities

On August 2, 2019, the Bipartisan Budget Act of 2019 (P.L.116-37) (“BBA”) was signed into law. This bill amends the Budget Control Act of 2011 (P.L.112-25) (“BCA”) by raising discretionary spending caps for FY2020 and FY2021...more

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