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Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

Guidance on banking and MRBs. Department of Justice on “Marijuana Related Financial Crimes” was rescinded in 2018 , the FinCen Memo has been the only game in town for federal banking guidance. But banks don’t really use that. These businesses are lower risk for banks than Tier I. Allow me to explain. That’s wrong.

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Justinflation in Cannabis

Cannabis Life Network

Urban Dictionary defines Justinflation as “When a politician or government doesn’t think about monetary policy; and believes the budget will balance itself.” In 2015, without even a recession or pandemic as an excuse, he plunged Canada’s finances into the red after nearly two solid decades of budget […].

Policy 93
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ABA (American Bankers Assoc) & CUNA (Credit Union National Association) Team Up On Cannabis

Cannabis Law Report

Specifically, they called for the passage of the Secure and Fair Enforcement Banking Act, a pending bipartisan bill that would allow financial institutions to serve legitimate cannabis businesses in states that have legalized the drug. Congress can solve the cannabis banking conundrum now. By Rob Nichols, Jim Nussle.

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Clarence Thomas Legal Opinion “A prohibition on intrastate use or cultivation of marijuana may no longer be necessary or proper to support the federal government’s piecemeal approach”

Cannabis Law Report

Whatever the merits of Raich when it was decided, federal policies of the past 16 years have greatly undermined its reasoning,” Thomas wrote. He also pointed out inconsistencies in banking practices due to federal prohibition. This contradictory and unstable state of affairs strains the basic principle of federalism,” he wrote.

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How US Farm Bill Makes CBD Legal

Otherside Farms

That is, banks can now get involved, and if the banks get involved, the credit card companies can get involved, and if that happens, the big retailers will want part of that market like Target and Wal-Mart, “Sean explained. Murphy, New Frontier analyst who has researched that sector since 2015.

CBD 65
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Oregon Cannabis: 2019 Legislative Forecast and Report

Canna Law Blog

When Oregon representatives first met in 2015 to codify Measure 91, there was tremendous buzz. Following the 2017 session, however, the Joint Committee was dissolved, on the inclination that Salem would start treating cannabis more like a standard policy issue. Oregon’s New Marijuana Laws: The Last Word on the 2015 Legislative Session.

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Manzuri Law Blog Post: The Cannabis Advisory Committee: Going from Puppeteering to Action

Cannabis Law Report

Prior to opening her own firm, she was appointed as Senior Policy Advisor at the Bureau of Medical Cannabis Regulation, where she developed regulations and negotiated with stakeholders regarding the implementation of the Medical Cannabis Regulation and Safety Act (MCRSA). If that’s the case, this is where the CAC should come in.

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