Thursday, June 24Urban Hippie

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Bernie Sanders Urges Federal Regulators to Ease Up on Pot Banking Policies

Bernie Sanders Urges Federal Regulators to Ease Up on Pot Banking Policies

Urban Hippie
Photo by JONATHAN ALCORN/AFP/Getty Images Former presidential candidate, Senator Bernie Sanders along with several other U.S. senators are urging the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) to take action to ensure that vendors and suppliers working with legal marijuana businesses do not have their banking services taken away. “The majority of legal marijuana businesses, and businesses that provide services to them, are all but barred from participating in the financial system,” the senators wrote in a letter to FinCEN. “As a result, many legal businesses are forced to operate in cash, which jeopardizes community safety.” The current policy “creates a huge target for criminals,” said the bipartisan group, which included senators Elizabeth Warren (
New Marijuana Laws Set For Massachusetts

New Marijuana Laws Set For Massachusetts

Urban Hippie
Adults in Massachusetts will be able to puff-puff-pass as they please when the state’s new law recreational marijuana law goes into full effect Thursday. The Question 4 ballot measure passed with 53.6 percent of the vote on Election Day, legally regulating marijuana in a manner similar to the state’s approach to alcoholic beverages. Despite reports of Beacon Hill leaders requesting to make changes to the law, officials were intending to move forward with the legalization process and allow adults to use and grow a certain amount of marijuana beginning Thursday. Lawmakers who oppose the law have been working to implement a larger tax on marijuana sales. However, Question 4’s initial draft already included a 3.75 percent excise tax on retail marijuana along with the creation of a re
OBAMA: It’s ‘untenable’ for government to enforce ‘a patchwork of laws’ on marijuana

OBAMA: It’s ‘untenable’ for government to enforce ‘a patchwork of laws’ on marijuana

Urban Hippie
Barack Obama called for re-thinking the federal government's stance on marijuana, and said that the drug should be treated as a "public health" issue, in a recent interview with The Rolling Stone. "It is untenable over the long term for the Justice Department or the DEA to be enforcing a patchwork of laws, where something that's legal in one state could get you a 20-year prison sentence in another," Obama told The Rolling Stone's Jann Wenner. Obama said that while he doesn't believe that legalization is a "panacea," he thinks that marijuana should be treated as a public health issue similar to cigarettes and alcohol. There's already a thriving commercial market for marijuana in Colorado, Oregon, and Washington, and seven more states, including California, voted to legalize mari