Delaware General Assembly

Out of Committee 4/24/24

Reported from Committee; to list ready for consideration (Ready List)

3/21/24

Osienski

Sen. Paradee, Hoffner
Reps. Bush, Heffernan, Dorsey Walker

Sen. Gay, Hansen, S. McBride, Sturgeon
Reps. Baumbach, K. Johnson, Morrison, Spiegelman

AN ACT TO AMEND TITLE 16 OF THE DELAWARE CODE RELATING TO MARIJUANA.

This Act provides legal protections for financial institutions and other entities that provide financial or accounting services to cannabis-related businesses that are licensed or registered under Delaware law. Specifically, it clarifies that banks, credit unions, armored car services, and providers of accounting services are not subject to prosecution under Delaware law merely by providing lawful services to licensed businesses engaged in the production, distribution and sale of cannabis in Delaware. This Act aims to facilitate the operation of cannabis-related businesses by helping to ensure that such businesses have access to necessary financial and accounting services.

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Takes effect upon being signed into law

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