Cannabis Law Report

SEPTEMBER 12, 2021

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. Here’s his full presentation. September 2021. NCUA Board Member Rodney E. Board Member Rodney E.

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Banking Law Legalization Hemp 89

Cannabis Law Report

AUGUST 21, 2019

entitled “ The IRS Is Using Its Big Data and Reminds Us and Its Agents That They Have Access to Records of Large Cash Transactions at Financial Institutions “. The IRS has recently provided interim guidance to clarify actions IRS Examiners musttake to analyze and document Currency Transaction Report (CTR) data during an audit.

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Banking Data Access Business 45

The Blunt Truth

FEBRUARY 18, 2020

In Chicago, where medical marijuana has been legal since 2014, and recreational marijuana has been legal for just over a month, people from many facets of the real estate industry — brokers, architects, contractors, real estate owners — came to learn about the new opportunities and pitfalls of the cannabis industry.

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Supply Chain Dispensary Banking Business 108

SpeedWeed

APRIL 3, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

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Banking Legalization Compliance Compliance 52

Cannabis Law Report

FEBRUARY 6, 2019

Thanks to the 2014 Farm Bill, pilot programs in dozens of states have demonstrated the crop’s durability and its extraordinary economic opportunity. Service as a central clearinghouse for hemp industry resources, facilitating information and data exchange, particularly with economic outlooks. Grown by iconic U.S.

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Hemp Programs Banking Agriculture 40

Cannabis Law Report

JANUARY 11, 2019

Thanks to the 2014 Farm Bill, pilot programs in dozens of states have demonstrated the crop’s durability and its extraordinary economic opportunity. Collaboration on programs such as crop and health insurance, state check-off programs, and banking programs. Grown by iconic U.S.

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Hemp Advocacy Programs Banking 45

SpeedWeed

APRIL 2, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

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Education Banking Hemp Compliance 52

Canna Law Blog

NOVEMBER 6, 2019

For example, the NLRB has been known to go after cannabis companies engaged in hostile workplace conduct and the Department of Treasury contemplates banking services to the industry under the 2014 FinCEN guidance. At the same time, other federal agencies, like EPA , tend to ignore cannabis companies altogether.

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Data Cannabis Banking Law 76

Cannabis Law Report

JUNE 9, 2022

With his strong entrepreneurial and C-Suite background, Mills brings expertise in corporate strategy, operations, technology, product and data in both public and private operating environments. a private equity firm focused on the cannabis industry. Wow Organics; and Canna Click, LLC. 4Front Board Member Amit Patel.

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eCommerce Cultivation Retail Business 52

Cannabis Law Report

MARCH 9, 2019

It has also recently began flexing extra-territoriality muscles in regards to data regulation, positioning itself as a world police of consumer data, to the chagrin of Silicon Valley’s luminaries. It has long kicked back against trends emerging from the US in financial and other markets, not least since the 2008 financial crisis.

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CBD Food Seed-To-Sale Extraction 87

SpeedWeed

MARCH 6, 2021

Mike Crapo (R-ID), then chair of the US Senate banking committee, indicated he was considering a 2% THC cap on cannabis products produced or sold by businesses that want secure financial services under the SAFE Banking Act, which is still in motion. In 2014, lawmakers established a THC cap at 3% or less for qualifying patients.

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THC Patients Law Chronic Pain 52

Cannabis Law Report

JANUARY 10, 2020

Colorado, which opened recreational stores in January 2014, has the longest-running legalized marijuana market in the United States. Marijuana sales boomed in Colorado starting in early 2014 with the opening of the first recreational storefronts. Department of Agriculture (USDA). percent THC. percent in 2018 (Chart 7). pounds in 2017.

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Banking Marijuana Collective Recreational 59

SpeedWeed

MARCH 7, 2021

Mark does have quite a bit to share with us, but as always, we’re going to check in with Ed to see what he’s uncovered this week from the data vault. This one was on the advisory sector, which focuses on consultants as well as essentially data analytics firms, so that was fun to dig back into that. View original article.

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Extraction Data Hemp Research and Development 52

Cannabis Law Report

JUNE 11, 2019

In Canada, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) applies to a prescribed set of entities, including among others, banks, credit unions, life insurance companies, securities dealers and money services businesses. In the U.S., Takeaways for Financial Institutions.

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Compliance Compliance Business Policy 40

Cannabis Law Report

JUNE 23, 2021

For those shareholders of Supreme whose Supreme Shares are registered in the name of a broker, investment dealer, bank, trust company, trust or other intermediary or nominee, they should contact such nominee for assistance in depositing their Supreme Shares and should follow the instructions of such intermediary or nominee.

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Recreational Events Collective Cultivation 90

The Joint Blog

JUNE 3, 2020

DeCarcer, founder and CEO of New Frontier Data, to get her take on the U.S. New Frontier Data recently published “ U.S. At New Frontier Data, we identified five archetypes of CBD consumers based upon their distinct patterns of behavior and consumption. Founded in 2014, New Frontier Data is headquartered in Washington, D.C.,

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Data CBD Research and Development Collective 37

Cannabis Law Report

MAY 17, 2019

Agricultural Act of 2014, 7 U.S. The Farm Bill also removes major hurdles impeding hemp cultivators’ ability to run successful, profitable businesses including accessing insurance and banking, finding adequate harvesting equipment and processors, and moving hemp biomass or finished products between states. containing less than 0.3%

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Food DEA Hemp CBD 10

SMPL

MAY 26, 2020

Last year, the investment bank Cowen estimated that the U.S. Within a couple of years, they figured out a 1:1 combination of a high-THC chemovar and a high-CBD chemovar presented the greatest latitude of effects and prevention of side effects,” said Dr. Ethan Russo, who worked with GW Pharmaceuticals from 1998 to 2014.

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CBD Research and Development Pharmaceutical Seed-To-Sale 40

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.

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Banking Marijuana Media Patients 49

The Cannigma

DECEMBER 8, 2021

There are tons of other bills moving through Congress as well, bills that relate to veteran’s access to cannabis, bills that deal with safe banking for the cannabis industry, and the safe banking app. It’s not with volumes of data, and facts and figures. So, there’s a lot of work there. EG: How long ago was this?

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Access Policy Patients Cannabis 81

Freedom Leaf

JANUARY 22, 2019

In a victory for farmers, the bill removes banking, water and other regulatory roadblocks from hemp farming, plus authorizes crop insurance. It also allows hemp farming in communities left out of the 2014 Farm Bill, including U.S. territories, tribal lands and reservations. percent THC.

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Retail Legalization Food Hemp 68

Cannabis Law Report

JANUARY 30, 2019

European cannabis firms and investors enviously watching the rapid maturation of the multi-billion dollar North American industry may consider something both geographies have in common; the difficulty of getting banks onside. As of September 2018, Forbes reported just 30 percent of cannabis firms in the US had access to bank accounts.

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Banking Hemp Business Cannabis 77

Cannabis Law Report

MARCH 25, 2019

iii] Deputy Attorney General James Cole summarized cannabis related financial crimes in a February 14, 2014 memorandum: “The provisions of the money laundering statutes, the unlicensed money remitter statute, and the Bank Secrecy Act (BSA) remain in effect with respect to marijuana-related conduct. 1960), and the BSA.

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Banking Law Marijuana State Laws 45

Cannabis Law Report

MARCH 3, 2020

Microcap Daily has been reporting on the Company for years; in 2014 the outlet noted highlights such as making “a highly explosive move up with the rest of the sector” and its “spectacular run.” OTCMKTS: HEMP).”. The article also highlights Hemp, Inc. CEO Bruce Perlowin’s role as the subject of the No.

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Hemp Seed-To-Sale Education Research and Development 59

Cannabis Law Report

JUNE 4, 2021

He is the founder of Apeiron Investment Group, his family office and merchant banking business. In 2014, Bartch co-founded Cannabase.io, the USA’s most significant legal and sophisticated cannabis wholesale platform. Lucia started her career advising pharmaceutical companies in investment banking. and Canadian markets.

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Research and Development Medicine Treatment Pharmaceutical 51

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). What is the Kansas City Federal Reserve Bank? The KC Fed is one of 12 banks in the Federal Reserve System. let alone talked about legalizing it.

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Legalization Banking Research and Development Policy 90

Cannabis Law Report

SEPTEMBER 12, 2019

These conflicts between state and federal law have created a rash of problems for cannabis companies, including lack of access to banking services, sky-high federal tax rates and bewildering questions about exactly what business practices are legal.”

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Seed-To-Sale Supply Chain Business Programs 65

Cannabis Law Report

OCTOBER 17, 2019

Another researcher, New Frontier Data, pegged the global value of legal and illicit cannabis together at $340 billion in 2018. The industry in Colorado, a pioneer that began allowing recreational use in 2014, is one of the most financially successful among US states. billion in 2025, according to Grandview Research. Securities.

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Law Seed-To-Sale Hemp Recreational 40

Cannabis Law Report

JULY 30, 2019

But also needed are standard operating procedures at the national level, along with accompanying tax and banking frameworks. . “Today, Americans for Safe Access (ASA), the leading advocacy organization dedicated to ensuring safe and legal access to cannabis (marijuana) for therapeutic use and research, and Aurelius Data , Inc.(AD),

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Marijuana Patients Research and Development Programs 45

Cannabis Chronicles

MARCH 26, 2019

But without the license, he said he couldn’t get a business bank account and retailers didn’t want to deal in cash. Camp said he didn’t try to conceal anything from the Washington State Liquor and Cannabis Board and resolved his banking issues after getting the license. At times, the hearing grew tense, with Rep.

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Meadow

FEBRUARY 28, 2018

Tim was the Assembly Daily File Clerk from 2013–2014, and the Reading Clerk for the California State Assembly from 2009–2013. So this isn’t CDTFA’s fault, but we had an arrangement with the local branch of Bank of America in Sacramento to meet CDTFA officials and remit our taxes, excise taxes. So we remit it to CDTFA. So — Panelist?—?And

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Collective Retail Cultivation Cannabis 40

Cannabis Law Report

SEPTEMBER 27, 2019

.” With this premise in mind: the growing preference and demand for natural ‘farmed not pharmed’ products, let’s discuss why and how this revelation equally matters to the — cannabis, healthcare, tax, banking, marketing, consumer goods and services, regulatory , hospitality and botanical industries.

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Banking Research and Development Policy Legalization 45

SpeedWeed

MARCH 14, 2021

quotes the following description from Democritus: “The Thalassaegall he speaks of as being found on the banks of the river Indus, from which circumstance it is also known as potamaugis. BMAC], and on the banks of the Borysthenes. The Hard data of hallucinogenic beer at Mas Castellar de Pontos says otherwise. 1936/1993).

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Wellness and Beauty Research and Development History Hemp 52

Cannabis Law Report

DECEMBER 30, 2019

If Nasdaq.com are re-distributing a Motely Fool piece on the state of cannabis banking then we’d suggest it is probably worth heeding what’s being said. In other words, it’d open the door for banks to offer lines of credit, checking and savings accounts, and traditional loans, to U.S. Here’s the piece.

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Banking Business Cannabis THC 64