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Federal Cannabis Legalization Slips Further Away – SAFE Banking Act Removed from the China Competition Bill

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Many in the cannabis industry saw the SAFE Banking Act as the saving grace for the financial troubles of the cannabis industry. The act was meant to change the scope of the financial constraints and burdens of the industry. However, changes and moves in the Senate have seen it removed from the COMPETES Act thanks to the Republican senators. Read on as we take a look back into the history of the act and the implications of this removal on the cannabis industry.

The SAFE Banking Act so far….

Before we delve into the happenings around the removal of this act and the impact it will have, we will go back to check its history. The SAFE Banking Act is a special bill put forward to help stabilize the finances of the cannabis industry at the federal level. The act is known as the Secure and Fair Enforcement Act and it is seen by many as the solution to the financial systems problems of cannabis business owners. The current financial system puts services such as loans and payrolls, and checking and deposit accounts under tight regulations from the cannabis industry. This means that limited financial institutions are open to serving cannabis business owners with the financial services they so desperately need.

The special act was included in the COMPETES Act of the House which was spearheaded by the Democrats. The COMPETES Act was set up to enable the U.S effectively increase its ability to compete with China on all fronts. The America COMPETES Act stands for Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength Act of 2022. The act comprises different bills to strengthen manufacturing in the U.S. and also put it in the right place to compete with China.

The SAFE Banking Act has been included when this bill passed the House fives times in the past three years yet it hasn’t been validated. Until recently, it had been passed as a standalone bill after its first introduction in 2013 yet it has always failed to gain needed approval. This failure has been disappointing as hopes have been very high every time the bill made its way to the house. The temperature in the cannabis industry and from some lawmakers shows this might not be the last of the SAFE Banking Act.

What does this removal mean for the Cannabis industry?

The prime sponsor of the bill, Rep. Ed Perlmutter (D-CO) has reacted to the inability of this bill to be passed as being unfortunate. He believes sidelining the cannabis industry from the financial system is affecting lives and businesses beyond measure. The bill has been unable to scale past the Senate’s bipartisan U.S Innovation and Competition Act after the COMPETES Act passed last year. This has kept help away from the cannabis business owners in the industry who need assistance from the financial system.

The Republican lawmakers who repelled the Act were also without reason as they purported the action. Their argument remains that the bill is not a good fit with the legislation of the COMPETES Act which is a China Competition bill. The Democrats on the other hand are seeking to pair the bill as a form of social justice measure that will be hard to get passed in a committee. This has put the bipartisan agreement needed to pass the bill and enact it to a standstill and halted progress.

Reactions from the cannabis industry

Reactions around the cannabis industry have been flying in following the recent actions around the SAFE Banking Act in the House. The president of the U.S Cannabis Council, Steven Hawkins still believes that there is enough political will and support to help pass the bill. He believes this can be done by pairing the bill with other cannabis and criminal justice reforms. Hawkins has stated that the council aims to work with allies and members to ensure that this gets done soon. He doesn’t accept the present setback as a final stop and believes with the needed willpower and support, the bill will be finalized.

The U.S Conference of Mayors is the latest to speak on the need for the SAFE Banking Act to come to life. In its last meeting, the body endorsed a resolution that calls on Congress to pass federal banking reforms for the cannabis industry. The body addresses the loopholes of state laws and federal laws of cannabis as a problem for legal cannabis business owners. Without proper structures and laws, the body believes owners of legal cannabis businesses will be at the losing end except the lawmakers act.

The political director of the National Organization of Reform of Marijuana Laws (NORML), Morgan Fox, has reacted to the news of the removal. Fox believes that it is unfathomable that the house has refused to pass this bill for the sixth time of asking. He believes that it’s disappointing that the lawmakers are allowing politics to come first when many businesses and people are suffering. He also described the SAFE Banking Act as being in a legislative twilight zone making it hard to see the light of day.

Michael Sassano, CEO of Somaí Pharmaceuticals, a company that manufactures cannabis products believes the SAFE Banking Act is a way for lawmakers to make the industry safer. He believes Congress is missing out on this chance because they are proving to play it easy. A move that doesn’t factor in the owners of the cannabis businesses and their employees.

Bottom line

The present reality now is that advocates of reforms will have to try again to get passage of the bill. The U.S is sizing up to head into the midterm elections and the window to pass some cannabis reforms is passing. Fox has stated that the House is wasting a unique opportunity to help hundreds of thousands of Americans through meaningful bipartisanship. Activists and reform advocates have restated their commitment to seeing this bill come to life and we might see it come to life in no time.

Source: https://cannabis.net/blog/news/federal-cannabis-legalization-slips-further-away-safe-banking-act-removed-from-the-china-compet

Corruption

Four Ganga Land Leases Cancelled in Sambhal After Record Irregularities

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The Sambhal district administration has cancelled four government land leases issued more than three decades ago after an official investigation found alleged irregularities in the classification and allotment of Ganga river land.

The action follows an inquiry that concluded approximately 31 bigha of land in Surpur village of Gunnour tehsil was leased after its original revenue classification was allegedly altered, allowing land categorized as riverbed to be treated as agricultural property.

Inquiry Reveals Alleged Record Manipulation

The decision was taken by the Additional District Magistrate (ADM) based on an investigation conducted by the Sub-Divisional Magistrate (SDM), Gunnour.

Officials found that while the current revenue records listed the land as transferable agricultural property, older consolidation documents identified it as Category-6(1) submerged river land, making it ineligible for such allotments.

Following the findings, the administration ordered the cancellation of all four leases and directed revenue officials to restore the land’s original classification in official records.

Leases Issued in 1991 Declared Invalid

According to the inquiry, the disputed leases were granted on November 17, 1991, in the names of Shrinivas, Sher Singh, Shakuntala, residents of Surpur village, and Prakash Chandra of Patei Kayasth village.

Authorities stated that the allotments did not comply with the provisions of Section 128 of the Uttar Pradesh Revenue Code, 2006, prompting their cancellation.

Officials said corrective entries are now being made in the revenue records to reflect the land’s original legal status.

Wider Probe Into Ganga Riverbank Land Allotments

The latest action is part of a broader investigation into alleged irregularities involving government land located along the Ganga riverbank in Sambhal district.

Earlier investigations uncovered suspected illegal allotments involving nearly 845 bigha of government land in Sukhailla village under Gram Panchayat Asadpur, where 162 leases are also under scrutiny.

Investigators believe a similar pattern may have been followed in multiple cases, with riverbed land allegedly reclassified as agricultural land before being leased to individuals.

Field inspections reportedly found that much of the land was unsuitable for conventional farming and was instead being used for activities such as sand mining.

Government Land Worth ₹18 Crore Under Review

District officials estimate that approximately 850 bigha (around 71.5 hectares) of government land, valued at nearly ₹18 crore, is currently under investigation.

Authorities have launched a comprehensive review of historical land leases issued across villages situated along the Ganga river in the Rajpura, Gunnour, and Junawai blocks.

The objective is to determine which allotments were made legally and identify cases where land records may have been manipulated.

Officials’ Role Also Being Examined

The investigation has also raised questions about the possible involvement or negligence of officials from the revenue and consolidation departments.

District authorities said responsibility will be fixed after the inquiry is completed, and legal or departmental action will be taken against anyone found to have violated land allotment rules.

Officials indicated that the ongoing review could reveal additional cases involving unauthorized occupation or irregular leasing of government land.

The administration has reiterated its commitment to restoring government property and ensuring transparency in land management across the district.

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Education & Training

NTA Warns NEET UG 2026 Candidates Against Fake OMR Sheets

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The National Testing Agency (NTA) has issued a warning to NEET UG 2026 candidates and their parents against submitting fake, altered, or AI-generated OMR sheets while raising objections related to examination results.

The examination authority said that candidates found providing fabricated documents or misleading information during the verification process could face legal consequences.

The warning comes after several students approached the agency with complaints alleging discrepancies between their expected scores and the marks published in the final results.

NTA Finds Suspicious Documents During Verification

According to the NTA, some candidates submitted OMR sheets while requesting score verification, but officials found that certain documents appeared to be manipulated or artificially generated.

The agency clarified that only original OMR sheets issued during the examination process will be accepted for reviewing complaints.

NTA officials said they are examining all grievances carefully and will consider only verified examination records while deciding on score-related concerns.

Students Raise Questions Over NEET UG Results

After the announcement of NEET UG 2026 results, several candidates reported differences between their estimated marks based on the official answer key and their final scorecards.

Some students claimed that their expected scores were significantly higher than the marks awarded in the results.

In some reported cases, candidates alleged that uploaded OMR sheets did not match their original answer sheets or that the displayed scores were inconsistent with their calculations.

The complaints prompted several students and parents to seek clarification and request a detailed review of the evaluation process.

AI-Generated Fake Records Create New Challenge

The NTA has highlighted the growing misuse of artificial intelligence tools to create fake examination documents.

Officials said digitally altered OMR sheets and fabricated records could create difficulties in identifying genuine grievances and may affect the integrity of the complaint resolution system.

The agency advised candidates to avoid using unofficial documents or modified materials while submitting objections.

Candidates found involved in producing false evidence may face action under applicable laws, the NTA warned.

NEET UG 2026 Conducted Again After Paper Leak Allegations

The NEET UG 2026 examination process faced controversy after allegations of a paper leak led authorities to cancel the original exam held on May 3.

A re-examination was conducted on June 21 for affected candidates, following which results were announced on July 16.

After the controversy, the government announced plans to move future NEET UG examinations from the traditional pen-and-paper format to a computer-based testing (CBT) system.

Verification Process Continues

The NTA said the review of complaints submitted by candidates is still underway and further decisions will be taken after completing the verification of all documents.

The agency has urged students to rely only on official communication channels and submit genuine records while seeking clarification about their results.

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Corruption & Governance

Goa PWD Tenders Worth ₹1,000 Crore Come Under Government Probe

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The Goa government has initiated a detailed investigation into alleged irregularities in Public Works Department (PWD) tenders worth nearly ₹1,000 crore, following complaints of document manipulation and misuse of contractor eligibility credentials.

The probe focuses on claims that certain construction firms may have secured high-value infrastructure contracts by submitting falsified or altered work completion certificates to qualify for top contractor categories.

Allegations of Fake Experience Certificates in Tender Bids

According to complaints filed by engineers and contractors, several companies allegedly used questionable documentation to obtain Class IAA contractor status, a designation that allows participation in large-scale government infrastructure projects.

Investigators are examining whether manipulated work completion certificates were used to falsely demonstrate prior project experience, thereby inflating eligibility during the tender evaluation process.

One of the key concerns involves references to infrastructure projects executed under Karnataka Neeravari Nigam Limited, including the “Mudi Tank Filling Scheme.” Authorities are verifying claims that duplicate or inconsistent completion certificates may have been issued for the same project.

JV Structure Alteration Under Scrutiny

Officials are also investigating alleged changes in joint venture (JV) agreements submitted during tender applications. In one case under review, a 2019 JV reportedly listed Amrita Constructions Private Limited as the lead partner, with another firm as a supporting entity.

However, documents submitted to Goa PWD allegedly reversed these roles, naming Bagkiya Constructions as the lead partner. This change is suspected to have significantly enhanced the company’s technical eligibility and past performance record.

Authorities believe such alterations may have allowed firms to qualify for contracts they would otherwise not have been eligible for under standard procurement norms.

Allegations Linked to Karnataka Project Documentation

Another complaint under review concerns the “Akka Mahadevi Memorial Project” in Shivamogga, Karnataka, valued at over ₹51 crore. It is alleged that the project, executed in phases, was incorrectly represented as a single completed contract to meet eligibility requirements for higher-value tenders.

Investigators are verifying whether such representations were used to gain unfair advantage in experience-based qualification criteria.

Government Launches Comprehensive Inquiry

Following the emergence of these allegations, the Goa government has ordered a preliminary inquiry into all related contracts, approvals, and supporting documentation.

Officials have stated that every stage of the tendering process—including eligibility checks, certificate validation, and contract award decisions—will be examined in detail.

If irregularities are established, possible actions may include contract cancellation, blacklisting of firms, recovery of funds, and legal proceedings against those involved in submitting false documentation.

Concerns Over Procurement Transparency

The case has raised broader concerns about transparency and verification systems in public infrastructure procurement. Experts point out that reliance on manual documentation without robust digital verification increases the risk of fraud in large-scale government contracting.

Transparency advocates have called for stronger auditing systems, centralized contractor databases, and real-time verification of project credentials to prevent misuse of public tender processes.

Probe Continues

Authorities have confirmed that the investigation is ongoing and a detailed report will be prepared after reviewing all evidence and documentation. Further action will be taken based on the findings in accordance with applicable laws and procurement rules.

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