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Cannabis Banking Today

Canna Law Blog

We are helping build out another cannabis banking program here in Oregon. We have also handled a good bit of hemp banking work – mostly in 2019 and 2020 before that industry cratered. That’s banking. These are the highest risk businesses for banks and constitute the majority of suspicious activity report (“SAR”) filings.

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Pennsylvania Medical Marijuana Program, What To Know

Cannabis Law Report

In 2016, Pennsylvania adopted Act 16, becoming one of 38 states that have medical marijuana programs in the United States. While COVID fast-tracked certain aspects of the PA cannabis industry, major hurdles, like access to proper banking services, still plague operators in the space. January 6, 2022. Author Jay Majitov.

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A tale of two cannabis social equity programs: Los Angeles and Oakland

SpeedWeed

Social equity programs are a relatively new phenomenon in the U.S. That makes it worthwhile for industry insiders and activists to examine how some of the programs have done – particularly as more states, and perhaps Congress, consider legalizing marijuana and incorporating social equity in some form. The Oakland and L.A.

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Weekly Legislative Roundup 4/26/19

NORML

At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. Days later, the Chief Deputy announced that the cite and release program will be put on hold, without further details. Click here to email your lawmakers in support of banking access.

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Understanding Medical Marijuana Laws in California

MMJ Recs

Following Proposition 215, the legal framework surrounding medical marijuana continued to evolve and in 2003, the California State Legislature enacted Senate Bill 420 , also known as the Medical Marijuana Program Act. These include access to banking services, federal prohibition, and ongoing regulatory issues.

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Marijuana regulation sparks debate

Cannabis Chronicles

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. Compliance and cooperation. Hauge,” read the letter.

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What Are the Odds U.S. Senate Will Legalize Pot at the Federal Level?

Marijuana Lawyer Blog

California was the first to legalize medical marijuana in 1996 and recreational use in 2016). marijuana laws, establish funding for restorative justice programs, set federal tax rates for cannabis products and allow individual states to decide whether they want to legalize cannabis or not. What Would New Federal Marijuana Bill Do?