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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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Louisiana Expands State Medical Marijuana Program

MassRoots

New laws expanding the medical marijuana program in Louisiana went into effect on August 1. The state’s medical marijuana program has been criticized for being too limited and too restrictive since the program was established in 2016, but the three laws that went into effect on Saturday aim to improve the situation.

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21 State Attorneys General Urge Congress Protect State Marijuana Programs From Federal Interference

Cannabis Law Report

21 State Attorneys General Urge Congress Protect State Marijuana Programs From Federal Interference. AG Racine Leads Bipartisan Coalition of 21 States In Urging Congress To Pass Cannabis Banking Bill. 1028) or similar measures that would allow legal cannabis-related businesses to access the banking system. September 23, 2019.

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Dispensary Spotlight: Maribis of Springfield Grand

Illinois News Joint

Maribis of Springfield Grand opened in 2016 and is located at 2272 North Grand Ave. The retail store features cash rewards, kiosk ordering, loyalty program, daily deals, ATMs, and online ordering. East, Grandview, Illinois. The retail store serves medical and recreational customers.

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Minnesota Senate Considers Modernizing Medical Cannabis Program; House Pushes for Full Legalization

SpeedWeed

In 2016, Hackett entered the industry when her father, Mike, was one of the first farmers permitted a license to grow medical cannabis in California. Another woman who entered the cannabis industry in 2016 is Scottie Gordon, the vice president of licensing and regulatory affairs at Curaleaf. . © Courtesy of Curaleaf Gordon .

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Pennsylvania’s Medical Cannabis Legislation Was Recently Amended

Veriheal

This legislation provides important updates to our state’s medical [cannabis] program to ensure that patients have improved access to medication.”. HB 1024 follows up on recommendations that were put forward by the Department of Health to amend the Medical Marijuana Act, which was signed by the Governor in April 2016.

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How Illinois Became the Only State to Legalize Weed Sales Without a Referendum

Cannabis Law Report

Nevada (2016). California (2016). Massachusetts (2016). Maine (2016). The fund also will provide low-interest business loans to minority owners, an important step because banks will not loan money to the cannabis industry as long as weed remains illegal at the federal level. Washington (2012). Alaska (2014).