Hash (Hashish): What Is It And How Does It Differ From Marijuana

Brownie with hash inside

It doesn’t matter if you’re a stoner of yore, a cannabis newb, or just an observer, you’re probably familiar with the common marijuana terms like joint, bong, and weed.

But when it comes to the more technical terms like shatter, wax, and Thai stick, things get a little fuzzy (and not in the good way). Case in point: hash (hashish).

People are so confused (and in many cases, bent out of shape) about the hash debate, we — the experts at Honest Marijuana — decided to take the opportunity to set the record straight about this unique form for marijuana.

To do that, we’re going to start at the very beginning with a bit of simple bud biology and track it all the way through to the final product: hash/hashish.

Doing it this way — instead of just giving you the answer up front — will help you understand ALL the different forms of cannabis and how they relate to each other.

Bud Biology: It All Starts With Trichomes

cannabis trichomes found in hashish

Cannabis is a plant just like any other. It comes in different varieties: indica, sativa, and ruderalis (or hemp). It has the same parts — roots, stem, leaves, and flowers — and grows well in a specific climate.

The roots, stems, and leaves are pretty much inconsequential to our discussion of hash, so we can discard them along the wayside.

But the flowers? That’s where all the action is. And actually, it’s not the flowers (or bud) that we’re really interested in. It’s what’s ON the flowers that gets us excited.

When you zoom in on the cannabis flowers, you see tiny mushroom-like tendrils covering the surface. Those tendrils are called trichomes. They’re the beginning of the hashish vs. marijuana debate.

What Are Trichomes?

Trichomes are the resin glands of the cannabis plant. Inside those resin glands, the cannabis plant produces THC

Georgia Governor Signs Medical Marijuana Bill Into Law

Georgia’s governor has signed into law a bill that allows patients who can legally possess low-THC marijuana oil for medical purchases to now purchase it legally.

Governor Brian Kemp  signed the measure on Wednesday, calling the new law a “carefully crafted, balanced” measure that would expand access for patients.

“Instead of crossing state lines, breaking numerous laws in the process, these families can now stay in our great state,” said Kemp. “We are ensuring that these families can purchase what works for their loved ones without creating a slippery slope.”

According to the Associated Press, the legislation allows the in-state production and sale of the marijuana oil and closes a loophole in a 2015 law that banned growing, buying and selling the drug but allowed certain patients to possess it.

Current state law allows people with 16 specific conditions, including Parkinson’s disease and cancer, to possess cannabis oil with less than 5% THC. Accirding ti Kemp’s spokesman, Cody Hall, the new law takes effect July 1.

It grants up to six growing licenses to private companies — two for larger organizations and four for smaller organizations. “It also gives pharmacies priority for distributing the drug, but allows a state commission to seek out independent retail locations if it determines there is a need”, reports the AP. “The commission can also attempt to legally obtain the oil from other states. Two universities will be allowed to seek federal approval to research and produce the oil.”

The Republican-controlled legislature approved the measure despite objection from many Georgia sheriffs, who “absolutely do not support” allowing so many private producers to grow marijuana to produce the oil, said Terry Norris, executive director of the Georgia Sheriff’s Association.

“This bill is a decisive step toward recreational marijuana whether our leadership at the state level agrees or not,” Norris said, adding that he’s concerned about low regulation and over-production of the drug. Norris said he hopes …

Book Review: Jorma Kaukonen’s ‘Been So Life: My Life in Music’

Jefferson Airplane, circa 1968, from left: Marty Balin, Grace Slick, Spencer Dryden, Paul Kantner, Jorma Kaukonen and Jack Casady

With Woodstock 50 four months away, 1969 festival alum and former Jefferson Airplane guitarist Jorma Kaukonen is in the news with a his autobiography, Been So Long: My Life in Music.

Hardcore Airplane and Hot Tuna fans already know the basic outline of Kaukonen’s life: An authenticity-obsessed student of traditional, finger-picking country blues in the folk revival of the early ’60s (Harlem legend Blind Gary Davis was his special inspiration), Kaukonen catapulted to stardom when he went electric as the lead guitarist for Jefferson Airplane, the flagship band of the psychedelic San Francisco sound.

Together with Airplane bassist and childhood friend Jack Casady, they formed Hot Tuna as a side group in 1969 that returned to Kaukonen’s country-blues roots before again going electric, this time as a heavy blues-rock power trio in the style of Cream. After Tuna split up in the late ’70s, he briefly experimented with the punk-blues band Vital Parts, but this didn’t go over well with his fans. In the ’80s, Kaukonen spiraled downhill; by the time he was called back for an Airplane reunion album in 1989 his career was at a nadir.

It’s hardly surprising that tales of drug use devour many pages. Cannabis was a “sacrament” for these early San Francisco musical pioneers, a rite of cultural bonding as well as enhancement to creativity. LSD trips followed.

Kaukonen subsequently revived Tuna as a country-blues group. In the 21st century, he went back to the land on a farm in rural Ohio where he now teaches guitar to kids from across the country, passing that old-school blues method to a new generation.

Alabama Senate Committee Unanimously Passes Bill to Decriminalize Marijuana Possession

Legislation to decriminalize the possession of personal amounts of marijuana has been passed unanimously by an Alabama Senate committee.

The Senate Judiciary Committee recently voted 11 to 0 to pass the marijuana decriminalization bill, sending it towards a vote by the full Senate. The vote marks a massive shift increase in support from just last year, when the committee passed the measure 6 to 4 (though it eventually stalled in the House). If passed by the full Senate, the measure would then need to pass the House of Representatives before it can be sent to Governor Kay Ivey (R) for consideration.

Under the proposed law, those caught possessing no more than an ounce of marijuana would be hit with, at most, a $250 fine for the first two offenses, and a $500 fine for subsequent offenses. As noted by Marijuana Moment, possession of more than an ounce but less than two ounces would be considered a class A misdemeanor, while possession of more than two ounces would be a class C felony, punishable by up to 10 years in prison.

The legislation could “decrease receipts” for the state government’s general fund from fines, according to a state fiscal note, but could also “decrease the obligations of local jails, the State General Fund, the district attorneys, the Department of Corrections, community corrections programs, and the Board of Pardons and Paroles by an undetermined amount dependent upon the number of persons charged with and convicted of the offenses provided by this bill and the penalties imposed.”

“It’s encouraging that even in one of the most conservative states in the country, lawmakers are recognizing that jailing marijuana consumers doesn’t make sense,” Karen O’Keefe, director of state policies at the Marijuana Policy Project, told Marijuana Moment.

“North Carolina and Mississippi enacted similar reforms back in the 1970s,” she said. “Even a brief jail stay can be traumatic—or even deadly—and can disrupt housing and …

Nectar Collectors: What Are They And How to Use Them

A nectar collector

Source: TorontoHempCompany.com

If you love dabbing but aren’t too keen on toting or passing a massive rig and all the gear that goes with it, we’ve got the solution for you. Allow us to introduce you to the next big thing in portable pot paraphernalia: the nectar collector!

In this article, the experts at Honest Marijuana reveal everything you need to know about the nectar collector and how to use this newest marijuana masterpiece.

What Is A Nectar Collector?

Example of a nectar collector

Source: SkyHighSmokeShop.com

A nectar collector (a.k.a. dab straw or honey straw) is a miniature dab rig used to vaporize concentrates like shatter or wax. We like to think of it as a small, hand-held bubbler, although, as you’ll see, the bubbles aren’t always necessary.

You’ll notice that we used the word “vaporize” in the description above. That’s what nectar collectors do — they vaporize the concentrate instead of burning it.

But don’t get the wrong idea; they’re not vaporizers per se. The cannabis community reserves that term for the vape pen (or e-cigarette).

Technically speaking, Nectar Collector® is the brand name for the first vertical vaporizer to appear on the market. As its popularity spread, more and more people used the brand name instead of “dab straw” or “honey straw.”

As a result, nectar collector (lower case and without the trademark symbol) became the go-to words for this new product.

It’s very similar to what happened to the term “facial tissue,” or just “tissue,” after Kleenex® came out. That product became so popular everyone started referring to facial tissues by the brand name Kleenex® instead of the more general term.

To this day, many Americans still say, “Hand me a Kleenex® please,” even if the box on the table is just a generic facial tissue.

So if you wanted to be really pedantic and doucheish, you could try correcting everyone’s grammar — all Nectar Collectors® are vertical vaporizers, but not …

Washington State Senate Passes Bill to Allow Students to Use Medical Marijuana on School Property

Legislation to allow parents to administer limited forms of marijuana to their children on school property has passed the state Senate, along with a proposal for new marijuana testing rules.

CBD tincture.

Both Democratic and Republican lawmakers described the school bill as aimed at students that need medical marijuana for relief from chronic illnesses, reports the Associated Press. The bill would allow marijuana-infused products, but specifically bans smoking pot and products high in the psychoactive chemical THC. Instead, lawmakers said the bill was oriented toward allowing marijuana bred for its medicinal properties, including strains high in the non-intoxicating chemical CBD.

“THC is what recreational users use to get high,” said Republican Sen. Ann Rivers of La Center. “You could eat CBD all day long and never cop a buzz.”

Both THC and CBD are present in varying amounts in most cannabis, but unlike recreational marijuana, most medical strains of the plant are bred to have little or none of the psychoactive chemical THC. Having parents administer the drug keeps school officials including nurses out of the equation, a response to questions over liability or licensure.

The bill also contains a trigger clause that would suspend the new rules if federal officials were to threaten schools’ funding over the issue, states the AP.

Senator Mike Padden, a Spokane Valley Republican, said he was concerned about potential unintended consequences, but the bill ultimately passed on a 41-4 vote, with strong support from other conservatives.

“I think it’s worth any risk that might be there,” said Sen. Curtis King, a Yakima Republican. “These families need our help.”

A proposed change to state marijuana testing rules also passed the Senate.

Testing marijuana for criteria such as strength, pesticide content, and presence of mold has been a subject of contention in emerging marijuana markets around the country, with marijuana producers sometimes making hard-to-verify claims on their packaging and advertising.

Under current Washington law, the state …

The Original Flier That Sparked the 420 Phenomenon

Former Freedom Leaf senior editor Chris Goldstein interviewed editor-in-chief Steve Bloom about the origins of how the number 420 became synonymous with cannabis in 2016. Bloom was the first journalist to write about 420 when he worked at High Times in the 1990s.

You claim to have discovered 420. How did that happen?

The last week of 1990 I went to several Grateful Dead shows at the Oakland Coliseum. I was walking in the parking lot and someone handed me a half-page flier. It had this message that people should smoke together at 4:20 and on 4/20. I brought it back to High Times in New York. We passed it around the office and everyone got a kick out of it. I was news editor at the time, so I transcribed the flyer and published it in the May 1991 issue. My little write up in High Times was the first time “420” got any national publicity.

What did the flier say?

“Four-twenty started in San Rafael, CA in the late ’70s. It started as police code for Marijuana Smoking in Progress. After local heads heard of the police call they started using the expression ‘420’ when referring to the herb—‘Let’s go 420, dude!’

“There is something fantastic about getting ripped at 4:20, when you know your brothers and sisters all over the country and even the planet are lighting up and toking up right along with you.

Study: Marijuana May Increase Woman’s Desire and Orgasms During Sex

According to a new study published by the journal Sexual Medicine, roughly a third of U.S. women have used marijuana before sex, and those who do report increased desire and better orgasms.

sexThe study states that marijuana use has been on the rise among U.S. adults as a growing number of states pass laws legalizing it for medical and recreational purposes. Although marijuana is thought to act on the cannabinoid receptor in the brain, which is involved in sexual function, little research to date has examined the drug’s impact on sexual health, the study team notes.

According to Reuters, researchers surveyed 373 female patients at an obstetrics and gynecology practice in an academic medical center in Saint Louis, Missouri. Overall, 127 women, or 34 percent, reported using marijuana before sexual activity.

Women who used marijuana before sex were twice as likely as those who didn’t to say they had “satisfactory” orgasms, the survey found. And women who regularly used the drug were twice as likely as occasional users to have satisfying orgasms.

“What’s new about this study is that marijuana is framed as being useful for sex,” said Joseph Palamar, a population health researcher at NYU Langone Medical Center in New York City who wasn’t involved in the study.

“Typically, drugs are investigated as risk factors for sex. I think this paper signifies that times are changing,” Palamar said by email.

Like alcohol and many recreational drugs, marijuana has long been linked to an increased risk of sexual activity among teens, and some previous research has also tied marijuana to unsafe sex and higher rates of sexually transmitted diseases.

“In the current study, however, Dr. Becky Lynn of Saint Louis University School of Medicine and colleagues focused on the connection between marijuana and women’s satisfaction with their sex lives, sex drive, orgasms, lubrication and pain during intercourse. Lynn didn’t respond to requests for comment”, states Reuters. Overall, 197 women in …

New York State of Cannabis: Dueling Legalization Measures on the Table

This headline in the April 7 New York Post – “New Yorkers Are Flocking to Massachusetts for Their Legal Weed Fix” – should have raised eyebrows in Albany,

The New York State legislature is considering marijuana legalization. It has until June to reach an agreement on how taxing and regulating the popular plant will look. If there’s no agreement, then New Yorkers will continue flocking to Massachusetts, which started selling legal cannabis in stores last fall. Massachusetts borders New York State; it’s just a two-hour drive from New York City to the Bay State’s southwest border.

Legalization advocates were disappointed when an effort to fast-track cannabis regulation in the state budget by the end of March fizzled. Now, it’s a matter of finding a suitable compromise between the Marijuana Regulation and Taxation Act (MRTA), which is sponsored by Senator Liz Krueger in the Senate and by Crystal Peoples-Stokes in the Assembly, and Gov. Andrew Cuomo’s Cannabis Regulation and Taxation Act (CRTA).

Equity Issue of Primary Concern to Advocates and Legislators

DPA’s Melissa Moore

The issue that is being most hotly debated is equity for New Yorker who’ve suffered the most due to policies like marijuana prohibition and the overall War on Drugs, which have led to mass incarceration in communities of color.

Bipartisan STATES Act Reintroduced, Would Limit Federal Government’s Ability To Interfere State-Legal Marijuana Businesses

The STATES Act, which would protect marijuana businesses which are legal under their state’s law, has been reintroduced in the United States Congress.,

Senators Elizabeth Warren (D-MA) and Cory Gardner (R-CO), along with Representatives David Joyce (R-OH) and Earl Blumenauer (D-OR), have reintroduced The Strengthening the Tenth Amendment Through Entrusting States (STATES) Act of 2019, reports NORML. This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises.

“The majority of states now regulate either the medical use or the adult use of marijuana. It is time for the federal government to cease standing in the way of these voter-backed regulatory policies being implemented throughout the country,” said NORML Political Director Justin Strekal. “Ultimately, however, we must remove marijuana from the federal Controlled Substances Act entirely in order to allow those in legal states to ultimately be free from undue federal discrimination and the fear of federal prosecution.”

Representative Earl Blumenauer (D-OR) said: “Forty-seven states have legalized some form of cannabis and the majority of Americans support its legalization. Our outdated laws have ruined lives, devastated communities, and wasted resources for critical medical treatment and research. The STATES Act is the next logical step in a comprehensive blueprint for more rational federal cannabis policy. It’s time for Congress to catch up with the rest of America are and fix a badly broken system.”

Said Rep. Dave Joyce (R-OH): “The current federal policy interferes with the ability of states to implement their own cannabis laws, and the resulting system has stifled important medical research, hurt legitimate businesses and diverted critical law enforcement resources needed elsewhere. It’s past time for Congress to clarify cannabis policy on the federal level and ensure states are free to make their own decisions in the best interest of their constituents. The STATES Act does just …

Cannabis in Africa: South Africa, Zimbabwe and Lesotho Leading the Way

The African continent, we are often told, has great resources and economic potential, but is held back by lack of development and infrastructure. It’s certainly a sign of the times that we’re now hearing this line not only from the oil and mineral cartels, but the cannabis industry.

This familiar refrain is the central contention of The African Cannabis Report, newly released by UK-based international cannabis industry consultancy Prohibition Partners. As we’ve previously noted, the think-tank’s name is an ironic one; the company is dedicated to monitoring and encouraging the growth of the cannabis sector as it ascends in the emerging post-prohibition world.

Daragh Anglim writes in the introduction that Africa, blessed with favorable climatic conditions, is already estimated to produce at least 38,000 metric tons of cannabis per year, almost all of it for the illicit market. Marijuana remains illegal in most African countries, but economic factors are nonetheless propelling the illicit sector: “High unemployment rates and a global decline in demand for tobacco crops has hit these economies hard,” he observes. “However, the region has a wealth of experience in cannabis cultivation; despite its illegality, many agricultural workers have turned to cannabis farming as the only way to earn enough money to provide for the basic needs of their families.”

Anglim weighs the prospects for transition to a legal cannabis sector: “With affordable land, low-cost labor and an experienced agricultural workforce, Africa offers enormous opportunity to local start-ups and foreign companies looking to expand.” But this is followed by caveats about lack of development. For instance, an “inadequate healthcare system means that even if medicinal cannabis were to be legalized across the continent, access to products could be significantly thwarted without the support of the NGOs, charities and other donors…”

Marijuana Associated With Fewer Disease-Related Complications In Those With Crohn’s Disease, Finds Study

According to a study published in the journal Digestive Diseases and Sciences, marijuana consumers with Crohn’s disease who are seeking hospitalization possess fewer disease-related complications compared to those who don’t use cannabis.

For the study a team of investigators from the John H. Stroger Hospital in Chicago, the SUNY Downstate Medical Centre in New York City, and the Digestive Disease Institute in Cleveland assessed the relationship between cannabis use and the prevalence of Crohn’s disease-related complications and clinical outcomes in a nationwide cohort of hospitalized patients.

According to a NORML news release, authors reported that patients with a history of cannabis use possessed fewer complications and experienced better clinical outcomes as compared to abstainers.

They concluded, “In summary, our study suggests that cannabis use may mitigate several of the well-described complications of Crohn’s disease among hospital inpatients and this could be due to an anti-inflammatory effect of cannabis and potential improvement in gastrointestinal mucosal healing.”

A prior observational study “showed that cannabis use is associated with fewer incidences of Crohn’s disease hospitalizations, while a placebo-controlled trial reported that cannabis therapy was associated with greater rates of disease remission”, states NORML.

The full text of the study, “Association between cannabis use and complications related to Crohn’s disease: A retrospective cohort study,” appears in Digestive Diseases and Sciences.

The full abstract of the study can be found below:

BACKGROUND:

Crohn’s disease is an idiopathic inflammatory process that is occasionally associated with complications, which cause significant morbidity and mortality. The anti-inflammatory effect of cannabis in intestinal inflammation has been shown in several experimental models; it is unknown whether this correlates with fewer complications in Crohn’s disease patients.

AIMS:

To compare the prevalence of Crohn’s disease-related complications among cannabis users and non-users in patients admitted with a primary diagnosis of Crohn’s disease or a primary diagnosis of Crohn’s related complication and a secondary diagnosis of Crohn’s disease between 2012 and 2014.

METHODS:

We

Colorado Governor Signs Bill Adding Autism Spectrum Disorder to Medical Marijuana Program

Colorado Governor Jared Polis has signed into law legislation that allows those with autism spectrum disorder to become legal medical marijuana patients.

“OK kids, that’s how we make a law,” Governor Polis said after signing House Bill 1028 into law. The measure was passed unanimously by both the House of Representatives and Senate (combined the vote was 96 to 0).

Under the new law, autism spectrum disorder joins the following qualifying medical cannabis conditions:

  • Cancer
  • Glaucoma
  • HIV or AIDS
  • Cachexia
  • Persistent muscle spasms
  • Seizures
  • Severe nausea
  • Severe pain
  • Post Traumatic Stress Disorder (PTSD)

As noted by High Times, a similar bill passed both the House and Senate last year, but was rejected by then-Governor John Hickenlooper,. “I haven’t found a pediatrician yet who thinks it’s a good idea to sign this bill,” Hickenlooper commented at the time, adding that certain autism groups’ silence on the bill “speaks volumes.”

Polis, who campaigned on a pro-marijuana platform and became governor in January, has been an opponent of Hickenlooper’s distrust for marijuana’s effect on autistic kids for some time.

“[D]espite Hickenlooper’s professed ignorance, studies do exist to reinforce their beliefs that the drug can reduce many of the health condition’s more severe symptoms.”, notes High Times. “In Israel and Chile, research turned up positive effects in many clinical study participants, and the U.S. Department of Defense is set to begin a major study on the topic starting in June.

Many states have made allowances in existing medical marijuana regulation for patients with autism. In October, Rhode Island’s Department of Health okay’d the treatment, and last December in Iowa, the Board of Medicine has voted to add autism to the list of qualifying conditions for the medical cannabis program.”

“This path happened for a reason,” Michelle Walker of Mothers Advocating Medical Marijuana For Autism told Colorado publication Westword. “Because with 1028, we were able to ensure that individuals with autism and …

Financial Forecast 2019: Can Cannabis Save the Beer Industry?

No one on Wall Street knows the burgeoning cannabis industry better than Vivien Azer, the managing director for consumer beverages, cannabis and tobacco at investment house Cowan and Company.

She often asks beer company CEOs about legal cannabis taking market share away from the most popular alcoholic beverage in America in states where pot is legal. Routinely, the executives dismiss any challenge from marijuana with the argument that people already get as much cannabis as they want on the black market, so any switch over to legal weed isn’t going to dent beer sales.

During a January 8 conference call, Azer said 2018 was the “worst year for beer sales in the near decade we’ve been covering the alcohol industry and we continue to believe that growing cannabis use is a factor.”

It’s all about re-engagement, a big trend for the current year and beyond. It goes like this: Once cannabis is legal, more people who may have dabbled with it in college or whenever will return to the green herb and hence drink less beer.

Cowen and Company Reports Decline in

Florida Legislation Would Limit THC of Medical Marijuana

A Florida bill would limit the THC percentage in smokeable medical marijuana, and would make it harder for sick children to obtain the medicine, reports the Orlando Sentinel.

The legislation was introduced by Representative Ray Rodrigues, who is the Chairman for the House Health and Human Services Committee. The measure would also set limits on the potency of medical marijuana in edibles and would fast-track the state health department’s rule making for the medical marijuana industry, which was legalized by voters in 2016.

“While the House bill would set what many consider a low cap of 10 percent on the level of THC in whole-flower products for smoking, the daily amount of THC that would be permitted in edible products — 7,000 mg for a 35-day supply, or 200 mg per day — is much higher than what most patients would consume, according to industry experts”, reports the Sentinel.

Critics blasted the House proposal as an attempt to “essentially gut” the Legislature’s recent repeal of a ban on smokable medical marijuana.

Ben Pollara, the campaign manager for the political committee that led efforts to pass the 2016 constitutional amendment, called the House’s latest approach ironic.

The proposal “basically acts as a tax on patients” by causing them to spend more money to “buy more marijuana to achieve the same effect as if the caps were not in place,” Pollara said Tuesday.

“The other irony is it would result in patients having to smoke more marijuana to achieve the desired effect,” he said. “If there’s two things the Florida House hates, it’s higher taxes and smokable marijuana, and this has the functional impact of doing both.”

Tetrahydrocannabinol, or THC, is the intoxicating ingredient in marijuana that produces a euphoric effect. Levels of THC in plants grown by medical marijuana operators average about 20 percent or more, growers in Florida said.

The Senate also has a version of the bill, but …

Freedom Leaf’s 2nd-Quarter 2019 Events Schedule

April

3/31-4/2 ICBC Berlin, Germany
4/1-2 Cannatech Tel Aviv, Israel
4/1-3 Cannabis Conference, Las Vegas, NV
4/4 Women Grow NYC, NY
4/4 Women Grow Philadelphia, PA
4/4-7 The Cannabis Expo, Capetown, South Africa
4/5 Women Grow Washington, DC
4/5-7 Hash Bash Cup, Ann Arbor, MI
4/6 48th Hash Bash, Ann Arbor, MI
4/6 More Than Just Green: The Color of Cannabis, Philadelphia, PA
4/8-10 Cannabis Science Conference East, Baltimore, MD
4/9 The Revel: Cannabis & Licensing, New York, NY
4/10 NJCBA: Beyond Cannabis 101, Rahway, NJ
4/10 Tom Tom Festival: The Future of Cannabis, Charlottesville, VA
4/11 Women Grow Phoenix, AZ
4/11 Women Grow Las Vegas, NV
4/11-13 Patients Out of Time: 13th Clinical Conference on Cannabis Therapeutics, Tampa. FL
4/14 Cannamaste: A Canna-Spirituality Gathering, Oakland, CA
4/17 Cannabis Dealmakers Summit, San Diego, CA
4/17-18 Benzinga Cannabis Capital Conference, Toronto, ON
4/18-19 CannaCon, Oklahoma City, OK
4/18-20 420 Music & Arts Festival Calgary, AB
4/18-21 Freedom to Grow Conference, Dallas, TX
4/18-23 Baked on the Beach, Negril, Jamaica
4/19-21 Sweetwater 420 Fest, Atlanta, GA
4/20 National Cannabis Festival, Washington, DC
4/20 Kaya Fest, Bayfront Park, Miami
4/20 Pennsylvania Cannabis Festival, Scranton, PA
4/20 Mile High 420 Festival Denver, CO
4/20 420 Hippie Hill San Francisco, CA
4/20 420 Vancouver, BC
4/20 420 Toronto, ON
4/20 Boise Hempfest, ID
4/20 Dean Ween’s Honeypot Lounge: The Puff Ball, Denver, CO
4/20 Thailand Medical Marijuana Conference, Bangkok, Thailand
4/20-21 High Times Cannabis Cup Central Valley, Sacramento, CA
4/23 CannaGather Awards, New York, NY
4/25-26 CannaMexico World Summit, Guanajuato, Mexico
4/25-27 O’Cannabiz, Toronto, ON

NYC Cannabis Parade & Rally

May

5/1 Hemp on the Bayou, New Orleans, LA
5/1-2 The Hemp Biz Conference, Denver, CO
5/3 Weed Week Spring Retreat, …

Federal Legislation to Allow Banks to Work with State-Legal Marijuana Businesses Advances in the House

Federal legislation that would allow banks and other financial institutions to provide services to marijuana businesses that are legal under their state’s law has been passed by a key House panel.

According to Reuters, the bill would provide sought-after clarity to banks across the country that want to do business with the growing marijuana industry, where companies have struggled to gain access to the financial system. The issue is especially relevant now that 10 states in the U.S. have legalized marijuana for recreational purposes; over 30 have passed some form of medical marijuana legalization.

The measure was broadly backed by a mixture of Democrats and Republicans. It now proceeds to the full House, where it is expected to be passed by the Democrat-led chamber in the near future. However, the bill faces an uncertain future in the Republican-led Senate, according to analysts.

“While all but 3 states allow for some form of legal cannabis use, marijuana is still illegal on the federal level”, states Reuters. “That has left banks largely unwilling to do business with businesses that sell marijuana or related enterprises, out of concern they could run afoul of federal laws.

In particular, banks are wary that taking deposits from pot businesses while marijuana remains illegal at the federal level could violate anti-money laundering laws, which in turn could put at risk their federal charters or access to federal payments systems.”

Currently, companies in the marijuana industry have extremely limited options for dealing with their finances, with many relying on strictly cash to do business. Numerous lawmakers noted that operating exclusively in cash can be extremely dangerous, making companies a target for theft.

The bill has the backing of the banking industry, where firms are eager for reassurance from the federal government they can engage in this sort of business. The American Bankers Association has told Congress it takes no stance on the legality of marijuana, but its widespread …