Feds publish new cannabis banking info (Newsletter: September 23, 2025)

*GOP lawmaker notes “trace of racism” in marijuana laws; CA gov signs
cannabis tax reform bill; Veterans-led cannabis push; PA psilocybin hearing*

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*/ TOP THINGS TO KNOW*

The Treasury Department’s Financial Crimes Enforcement Network published an
updated report on the number of banks working with marijuana business
clients as the Trump administration considers a cannabis rescheduling
proposal.

House Oversight and Government Reform Committee Chairman James Comer (R-KY)
said there’s a “trace of racism” in marijuana enforcement, but argued that
criminal justice reform advocates have gone too far in their pursuit of
scaling back harsh sentencing laws.

California Gov. Gavin Newsom (D) signed a bill to pause a recently enacted
tax increase on marijuana products, saying the state is “rolling back this
cannabis tax hike so the legal market can continue to grow, consumers can
access safe products, and our local communities see the benefits.”

The Last Prisoner Project and Balanced Veterans Network launched a campaign
to mobilize military veterans in support of federal marijuana policy reform,
saying they will “amplify their stories to key decision-makers—particularly
Republican members of Congress.”

The Pennsylvania House Democratic Policy Committee held a hearing on the
potential of psilocybin to treat depression and other conditions.

*/ FEDERAL*

The National Highway Traffic Safety Administration noted “the number of
States legalizing medicinal and/or recreational use of cannabis” in a
Federal Register notice about a survey it plans to conduct about drug use
among drivers.

Former Rep. Matt Gaetz (R-FL) tweeted, “How many people has 7-OH killed? I
can’t find a single case where there wasn’t some other drug (like fentanyl)
in the system when someone has died with 7-OH. Maybe I’m missing
something. 🤔 By comparison, Tylenol kills 550 people per year.”

*/ STATES*

Illinois’s House speaker said lawmakers are getting close to an agreement
on hemp product regulations, calling it “the single most contentious topic”
that has arisen during his time in the leadership position.

A New Hampshire representative participated in a marijuana legalization
forum.

The Georgia House Blue-Ribbon Study Committee on Georgia’s Medical
Marijuana and Hemp Policies will meet on Thursday.

Rhode Island regulators filed proposed changes to hemp rules.

Delaware regulators issued a clarification about county-based restrictions
on marijuana businesses.

Colorado regulators published a bulletin about a cannabis surveillance
testing program.

California regulators announced their intent to award a contract for the
Real CA Cannabis Campaign.

The Utah Medical Cannabis Establishment Licensing Board Work Group will
meet on Thursday.


*— Marijuana Moment is tracking hundreds of cannabis, psychedelics and drug
policy bills in state legislatures and Congress this year. Patreon
supporters pledging at least $25/month get access to our interactive maps,
charts and hearing calendar so they don’t miss any developments.*


*Learn more about our marijuana bill tracker and become a supporter on
Patreon to get access. —*

*/ LOCAL*

Bell County, Texas’s lawsuit against Killeen’s voter-approved marijuana
decriminalization law is returning to local district court.

*/ INTERNATIONAL*

Venezuelan President Nicolás Maduro discussed his opposition to legalizing
marijuana.

*/ SCIENCE & HEALTH*

A review of research on post-operative pain management in orthopedic
surgery concluded that “while CBD-only interventions showed mixed results,
THC/CBD combinations demonstrated modest potential for opioid-sparing
effects, with neutral safety profiles.”

A study found that “both CBD and [low-dose ionizing radiation] exhibited
promising protective effects against [thioacetamide]-induced hepatic
encephalopathy, mitigating brain and liver damage through anti-inflammatory
and antioxidant mechanisms.”

*/ ADVOCACY, OPINION & ANALYSIS*

The Boston Globe editorial board highlighted ongoing issues related to
municipalities’ host community agreements with marijuana businesses.

*/ BUSINESS*

Fluent Servicing, LLC is being sued by the U.S. Equal Employment
Opportunity for allegedly failing to provide a reasonable accommodation for
an employee with a disability and then firing her.

Grown Rogue International Inc. completed its acquisition of remaining
minority interest in its Rogue EBC, LLC subsidiary.

*/ CULTURE*

Louis C.K. spoke about his past use of marijuana and psychedelics.

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The post Feds publish new cannabis banking info (Newsletter: September 23,
2025) appeared first on Marijuana Moment.