article thumbnail

Marijuana Banking Passes Critical Committee

NORML

This ongoing federal prohibition forces this newly emerging billion-dollar industry operates largely on a cash-only basis — an environment that makes businesses more susceptible to theft and more difficult to audit. Total marijuana arrests in 2017 increased for the second straight year , after having fallen for nearly a decade.

Banking 279
article thumbnail

Nevada may be forced to reveal marijuana-license criteria

Cannabis Chronicles

The hearing will focus on a second wave of dispensaries approved in December to open into an evolving regulatory environment where local lawmakers are considering allowing pot lounges on or near the Las Vegas Strip. He has an advisory panel studying the formation of a Cannabis Compliance Board. Nevada reaped $42.5

Marijuana 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

California’s cannabis departments seeks members for Cannabis Advisory Committee: Committee members will advise Department of Cannabis Control on cannabis regulations and public policy

Cannabis Law Report

This includes regulations necessary to protect public health and safety while ensuring a regulated environment for commercial cannabis activity that does not impose barriers that would perpetuate, rather than reduce and eliminate, the illicit cannabis market.

Policy 52
article thumbnail

Unions Blowing Smoke with "Green Lung" Myth

MJ Business Attorneys

Cannabis businesses are already taking proactive steps to ensure that their employees are protected, such as voluntary OSHA inspections as well as Good Manufacturing Practice certifications.

Safety 153
article thumbnail

Operational Security Solutions (OSS) Board of Directors Appoints New CEO

Cannabis Law Report

Solomon has held a senior role with OSS since corporate inception in 2017 and looks forward to shepherding the Company through its strategic growth and key initiatives. I’m thrilled to be stepping into this role as we continue to plant our flag in markets across the country and hit new benchmarks in our strategy for success.”.

Banking 105
article thumbnail

Marijuana Banking Bill Scheduled For Committee Markup

NORML

This ongoing federal prohibition forces this newly emerging billion-dollar industry operates largely on a cash-only basis — an environment that makes businesses more susceptible to theft and more difficult to audit. The results of a 2017 nationwide Gallup poll similarly found majority support among all three groups.

Banking 224
article thumbnail

San Diego: Supervisors OK Cannabis Review Policy, Changes For Existing Facilities

Cannabis Law Report

According to the county Land Use & Environment department, the review process “would cover the broadest scope of cannabis operations … (and) begins the work to open the cannabis industry’s commercial opportunities to more businesses.” The revisions will be presented to the board for final approval in October.

Policy 105