2014 Banking Collective Topical 
Canna Law Blog
OCTOBER 17, 2022
And we both agree that this Congress will likely do nothing at all (just look at what’s happened with the SAFE Banking Act , for one sorry example). To paraphrase John, it likely means that marijuana legalization isn’t really a serious topic for the federal government despite its overwhelming bipartisan support from voters.
Cannabis Law Report
JULY 31, 2019
With this federal classification, the cannabis industry is isolated from banking and, in many cases, reduced to a cash-only venture. This business model inherently creates several issues, such as higher rate of theft, difficulty assessing and collecting taxes properly, and allowing bad actors to pose as legitimate.
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Cannabis Law Report
JANUARY 17, 2020
While city staff had been checking since 2014 to ensure at least one name remains in the application from the previous year, dispensaries have been allowed to add new names of owners, then over time, remove the names of original owners. Last year, the city collected $5.7 City code bars owners from selling or transferring permits.
Cannabis Law Report
JULY 14, 2021
“Closing the door on broadly supported incremental reforms like the SAFE Banking Act while the Senate seeks compromise on farther-reaching bills hurts the possibilities for consensus and ignores the very real needs of small business operators who have repeatedly said that access to banking services and traditional lending is an existential issue.
Cannabis Law Report
AUGUST 24, 2019
BANKING: The growth? The Republican-controlled US Senate hosted a hearing on cannabis banking on July 23, 2019. In Who’s Now Lobbying on the SAFE Banking Act? ” BANKING: The setbacks? . ” Returning to the issue of credit unions and cannabis banking.
Cannabis Law Report
JUNE 23, 2021
As Canopy continues to focus on the premium flower segment, the addition of 7ACRES and the 7ACRES Craft Collective enhances Canopy’s leading market share position and supplements its production capacity through the acquisition of Supreme’s low-cost, scalable cultivation facility in Kincardine, Ontario.
Cannabis Law Report
DECEMBER 1, 2019
1595 [the Secure And Fair Enforcement (SAFE) Banking Act of 2019] was introduced to increase public safety by expanding financial services to marijuana-related legitimate businesses and service providers and reducing the amount of cash at such businesses. Likewise, in Patients Mutual Assistance Collective Corp. State Board Positions.
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