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Transcripts For CSPAN3 Senate Banking Hearing On Banking Challenges For Cannabis Store Owners 20240713

Witnesses. Today the committee will hear from witnesses about the challenges that state stanksed businesses in the cannabis owners have when attempting to under the controlled substance act, its considered a schedule one drug. Being categorized as a schedule one means that the possession, distribution or sale of marijuana or other marijuana derived products is illegal under federal law and any proceeds from cannabis related activities remain subject to antiMoney Laundering laws. In the last several years many states have used valid initiatives or referendums that have legalized marijuana in some form, whether for recreational or medical use. Currently there are 11 states plus the district of columbia where it is legal to buy and consume recreational and medical marijuana adds well. And there are 22 states plus d. C. That have approvedmedcal marijuana totaling 33 states in all that have some form of Legal Marijuana. Senators gardner and merkley have introduced Bipartisan Legislation tha

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Transcripts For CSPAN3 Senate Banking Hearing On Banking Challenges For Cannabis Store Owners 20240714

Marijuana derived products is illegal under federal law. Theyre subject to antiMoney Laundering laws such as the Money Laundering control act. The last several years many states used Ballot Initiatives or referendums that legalized marijuana in some form whether for recreational or medical use. Currently there are 11 states plus the district of colombia where it is legal to buy and consume Recreational Marijuana and medical marijuana as well. And there are 22 states plus d. C. That have approved medical marijuana totaling 33 states in all that have some form of Legal Marijuana. The senators introduced Bipartisan Legislation that attempts to ease difficulties resulting from the legal status and more lenient state laws. I spoke many times with senator gardiner on this bill and appreciate the hard work that each senator has done on this legislation. And i look forward to hearing from each of you very soon. Our second panel of witnesses will highlight challenges that institutions face in b

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Transcripts For MSNBC The 11th Hour With Stephanie Ruhle 20240707

and the justice department s january six committee is moving far head, just as house again investigators get ready for what could be the final hearing. now the select committee says it ll take place one week from today at 1 pm eastern, this will be the night session in a series of hearings featuring stunning testimony from allies and aides to the former president. we had also heard about militia groups activities before and during the capital riot. today, a leading member of one of those groups pleaded guilty to suggestions. said proud boys member, jeremy is the first from the group to plead guilty. he s also the first of one of six defendants who of planning to oppose the u.s. government. prosecutors say he will cooperate against the proud boys, their leaders andother remembers. this one against the oath keepers militia. today, one former member told the jury that the founder may have been in contact with the secret service in september of 2020. former federal prosecutor

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