Canna Law Blog

FEBRUARY 18, 2020

attorneys shouldn’t really prioritize federally illegal cannabis activities in states that robustly regulated cannabis and cannabis businesses (so long as eight main enforcement priorities were honored by the states). The impact of the United States v. Cole opined in a memorandum that U.S. McIntosh cannot be overstated.

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Business Cannabis Law State Laws 124

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law.

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Hemp Business Cultivation Banking 71

Canna Law Blog

FEBRUARY 17, 2023

A few years ago I wrote a somewhat tongue-in-cheek blog post titled, “Cannabots – Are the Robots Coming For Your Weed,” which discussed the application of robotics to the cultivation of marijuana. As a result, there has been an increase in employment law disputes, such as wrongful termination or discrimination claims.

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Banking Legalization Business Cannabis 84

Canna Law Blog

SEPTEMBER 6, 2020

This Assembly Bill addresses cannabis banking on the state level. It’s admirable of California to make it official that financial institutions (and accountants) don’t commit any crimes under state law by virtue of servicing cannabis businesses. There’s one issue though: federal law.

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Banking Pets Cultivation Cannabis 66

Cannabis Law Report

APRIL 14, 2022

Soon after, the company filed a federal lawsuit detailing how a sheriff’s deputy in Dickinson County stopped one of their vehicles transporting cash from licensed marijuana dispensaries to banks and credit unions, seizing more than $165,000 on Interstate 70. In response, the U.S. It remains in effect. Source [link].

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Legalization Dispensary Banking Law 52

Canna Law Blog

AUGUST 13, 2019

3. Change in local and state laws and rules. Since the state agencies began issuing licenses under MAUCRSA back in January of 2018, the state’s interpretation of its own rules has been unpredictable. Nonetheless, landlords still seem to misinterpret this state law mandate on a number of levels.

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Banking Access Cultivation Cannabis 62

NORML

APRIL 2, 2019

NORML endorsed his reelection campaign to the House of Representatives in 2014 and his campaign for Senate in 2018. 1/4/19), SB 5131: Amends the state’s medical cannabis law so that qualified medical marijuana patients and designated providers can purchase immature plants, clones, or seeds from a licensed producer.

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Marijuana Legislation Policy Legalization 277

Cannabis Law Report

OCTOBER 19, 2021

The District legalized marijuana possession and home cultivation under a voter initiative in 2014, but Congress through the imposition of a budget rider has prevented the local government from using its resources to create a licensed and transparent commercial sales program.

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Packaging Legalization Research and Development Programs 52

Cannabis Law Report

DECEMBER 1, 2019

This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. States Legalizing Marijuana. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed. 15, 2019, [link] ).

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Marijuana Business State Laws DEA 59

Connor & Connor PLLC

AUGUST 30, 2018

In that case, the IRS audited a Colorado business licensed for the cultivation and sale of medical marijuana. The IRS uses a variety of indirect methods of proof including: the bank deposits analysis (most common), net worth analysis, cash-t analysis, and the mark-up method. Commissioner , T.C. 2017-2011.

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Business Marijuana Banking Collective 49

Cannabis Law Report

AUGUST 8, 2019

The cultivation, possession, distribution (etc.) Whilst English law presumes that English criminal statutes do not extend to acts wholly undertaken outside the U.K., the Court of Appeal decision R v Rogers [2014] significantly (and somewhat surprisingly) extended the scope of POCA to conduct that occurs entirely outside the U.K.,

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Legalization Banking Compliance Compliance 40

Cannabis Law Report

DECEMBER 30, 2019

The hearing marked the first time in decades that members have entertained debate regarding the need to end the federal criminalization of cannabis and deschedule it from the Controlled Substances Act, which would end federal prohibition and allow states to determine their own policies. Progress on the SAFE Banking Act.

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Legislation Patients Access Banking 59

Cannabis Law Report

OCTOBER 17, 2019

As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. CBD candles and outdoor grow lights for home cultivation) are expected to embrace cannabis to various degrees.

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Law Seed-To-Sale Hemp Recreational 40

Cannabis Law Report

JULY 30, 2019

Although Florida has currently closed licensing application acceptance, Chaney continues accurately: “It remains to be determined whether or not regulators will allow stand-alone, specialized businesses for retailing, cultivation, delivery services, edibles or topicals.” then an out of state I.D., as proof of residency.

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Marijuana Patients Edibles Programs 40

Cannabis Law Report

MARCH 25, 2019

Congress could pass a law that would legitimate marijuana activities, but only to the extent an individual or commercial enterprise acts within the letter of state law. State-compliant cannabis activity would no longer violate federal criminal law. Emphasis added). 1960), and the BSA.

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Banking Law Marijuana State Laws 45