U.S. Reps. James Comer (R-KY), Patrick McHenry (R-NC), and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to Postmaster General Louis DeJoy, stating that the United States Postal Service ...
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New York City Mayor Eric Adams has proposed a $4.8 million investment in the Fiscal Year 2023 (FY23) budget to promote the growth of the cannabis industry in the city. The funding will be used to f...
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U.S. Rep. Vern Buchanan (R-FL) introduced legislation in the House that would provide tax incentives to spur innovation for start-ups. Buchanan’s American Innovation Act (H.R. 7503) would raise t...
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A recent Consumer Financial Protection Bureau (CFPB) report examining medical billing and collection challenges found a rising volume of complaints being submitted to the agency. “Many Americans ...
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Crypto IRA (individual retirement accounts) software platform iTrustCapital said it has reached $5 billion in total transaction volume and attributes the growth to its user experience. "Digital As...
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Federal Reserve Bank of New York survey findings determined households expect home prices to increase at a faster pace over the coming twelve months than was expected last year. The 2022 SCE (Surve...
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U.S. Rep Ed Perlmutter (D-CO) sent a letter to his colleagues in the U.S. Senate, urging them to pass the SAFE Banking Act. The SAFE Banking Act, which Perlmutter sponsored, would allow legal, lice...
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The State of New Jersey joins the ranks of states that have legalized cannabis for recreational use. Starting April 21, New Jersey residents and visitors to the state who are 21 years and older ca...
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In its latest forecast, the Mortgage Bankers Association (MBA) projects that total commercial and multifamily mortgage borrowing and lending will hold steady in 2022. MBA now expects approximately...
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A new report from blockchain oracle solutions provider Chainlink Labs and European research institute Tecnalia examines the role of blockchains in managing climate change. The report, "Managing Cli...
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The District of Columbia (DC) Alcoholic Beverage Regulation Administration (ABRA) is noting the progression of the inaugural medical cannabis sales tax holiday. During the 10-day sales tax holiday,...
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The Securities and Exchange Commission (SEC) has charged 16 defendants for participating in fraudulent penny stock schemes that generated more than $194 million in illicit proceeds. The defendants ...
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U.S. Sens. Sherrod Brown (D-OH), Dick Durbin (D-IL), and Elizabeth Warren (D-MA) recently forwarded correspondence to the Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Educati...
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Alaska Gov. Mike Dunleavy recently appointed Joan Wilson to serve as executive director of the Alaska Alcohol & Marijuana Control Office (AMCO). Wilson is currently a Senior Assistant Attorney Gene...
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The Securities Industry and Financial Markets Association (SIFMA) announced last week its support of the U.S. Securities and Exchange Commissionʻs proposal to shorten the securities transaction settl...
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Insurance and risk management company Aon and the Bank of New York Mellon have teamed up to support the environmental, social, and governance (ESG) needs of their clients globally. Through this par...
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U.S. Reps. Dave Joyce (R-OH), Hakeem Jeffries (D-NY), and Brian Mast (R-FL) recently introduced the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Ac...
Read MoreU.S. Rep. Michael McCaul (R-TX) is encouraging the Biden administration to develop a strategy preventing potential cryptocurrency abuses as a means of evading U.S. sanctions. "Emerging technologie...
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The New York State Cannabis Control Board approved 52 licenses across the state last week for adult-use cannabis cultivation. These are the first adult-use cannabis licenses granted in the state. ...
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After a record-breaking 2021, venture capital (VC) dealmaking activity slowed significantly in the first quarter of 2022, according to the Q1 2022 PitchBook-NVCA Venture Monitor. IPOs and exits of ...
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