Cannabis Law Report

JANUARY 21, 2022

20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3

Supply Chain 52

Supply Chain Compliance Compliance Banking 52

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.

Banking 89

Banking Law Legalization Hemp 89

Canna Law Blog

FEBRUARY 17, 2023

Governmental Regulation and Compliance: Marijuana businesses are subject to a variety of regulations, including licensing requirements, advertising restrictions, and quality control standards. Disputes can arise when businesses are accused of violating these regulations or when they challenge the legality of certain regulations.

Banking 81

Banking Legalization Business Cannabis 81

Cannabis Law Report

JUNE 24, 2021

Growers will need access to the expertise required to comply with international standards so they can enter overseas markets through legal distribution channels. Arable land in Morocco was estimated by the World Bank as 7,477,600 hectare in 2018. In comparison, Israel’s arable land size was estimated at 383,500 hectares.

Agriculture 85

Agriculture Cultivation Environment Banking 85

Cannabis Law Report

JANUARY 7, 2022

Aiming to be a pioneer in cannabis research, in 2018 Pennsylvania made provisions for eight Academic Clinical Research Center permits to be granted to accredited medical schools that have a relationship with an acute care hospital. Effects of COVID-19 on the cannabis space.

Programs 52

Programs Marijuana Dispensary Banking 52

Cannabis Law Report

MARCH 6, 2019

Three red states – Missouri, Utah, and Oklahoma – all authorized medical cannabis ballot measures in 2018. ” Cobb has been recognized for his efforts to gain support for the Secure and Fair Enforcement Banking Act, which will allow pot businesses to bank freely, like any other legitimate business.

Banking 78

Banking Policy Legislation Compliance 78

Cannabis Law Report

FEBRUARY 5, 2019

Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking. Party leaders are also laying the groundwork to vote on a marijuana banking bill soon, Marijuana Moment has learned. Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking.

Digestion 53

Digestion Banking Hemp Retail 53

Cannabis Law Report

MARCH 20, 2020

MOBILE, DIGITAL BANKING . COMPLIANCE. HIPAA COMPLIANCE. Florida earned an estimated $626 million in sales in 2018. Vertical integration has caused a surge in cannabis prices as well as restricted patient access. FINANCIAL SERVICES. ACCOUNTANT , CPA. TAX FRAMEWORKS. ADVERTISING OPPORTUNITIES. LEGAL SERVICES.

Dispensary 64

Dispensary Compliance Compliance Cultivation 64

Cannabis Law Report

AUGUST 24, 2019

On September 10, 2018, Katerina Eva Matsa and Elisha Shearer published a Pew Research Center viewpoint on use of social media News Use Across Social Media Platforms 2018. BANKING: The growth? The Republican-controlled US Senate hosted a hearing on cannabis banking on July 23, 2019. ” BANKING: The setbacks? .

Banking 49

Banking Marijuana Media Patients 49

Canna Law Blog

NOVEMBER 12, 2019

California is at that crossroads and has been almost from the outset of the first issuances of cannabis licenses back in January 2018. And with too few licenses comes lack of access for consumers and the growth and continued operation of illegal operators. Lack of access to banking.

Banking 77

Banking Cannabis Vaping Business 77

WeedAdvisor

AUGUST 31, 2019

until December of 2018, it did not discourage companies from pulling the same stunt across the ocean. Although it might be possible for medical patients in certain countries to access marijuana-derived CBD, the vast majority of the population relies on the “supplement” variety. Like in the U.S., Like in the U.S., billion ($1.64

CBD 45

CBD Compliance Compliance THC 45

Canna Law Blog

NOVEMBER 16, 2021

This includes bills on banking (see the SAFE Banking Act , which has passed the House no less than five times) and overall federal legalization (see the MORE Act as well as its sister Senate legislation, the Cannabis Administration Opportunity Act (“CAOA”)). State prohibition is OK. .

DEA 88

DEA Business Banking Food 88

Cannabis Law Report

JUNE 11, 2019

Since the legalization of recreational cannabis use in Canada in October 2018, investment has flowed into the cannabis sector. Entities financing cannabis businesses should perform due diligence to ascertain whether this is the case and seek to negotiate relevant representations and warranties to minimize risk and ensure compliance.

Compliance 40

Compliance Compliance Business Policy 40

Cannabis Law Report

NOVEMBER 7, 2019

Colorado has long been regarded one of the the US’s better state markets for efficient compliance and good regulatory management by state and local authorities. Folium would be unable to meet sales commitments if they could not get access to hemp stock. Teri Buhl reports.

Hemp 104

Hemp Research and Development Banking CBD 104

Cannabis Law Report

JUNE 28, 2022

While hemp derivatives are lawful under the 2018 Farm Bill, they are not yet regulated by the Food and Drug Administration (FDA). California has had marijuana delivery for quite a few years at this point, and these licenses carry with them very strict protocols and standards to ensure strict compliance and public safety.

Legalization 52

Legalization Supply Chain Hemp Cannabis 52

Cannabis Law Report

JULY 28, 2022

As a first in UK media, the investment would give Cannaray’s flagship wellness CBD brand access to a “high-reach upmarket TV audience” in the UK. To the south, the US has generally had to play catch up with Canadian legislation, where cannabis was legalised in 2018. ” Cannabis health benefits.

Legislation 52

Legislation CBD Media Recreational 52

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

Hemp 69

Hemp Business Cultivation Banking 69

Cannabis Law Report

JUNE 26, 2022

1 Despite what would appear to be increasingly lawful access to cannabis, it is still classified by U.S. There also exist certain requirements to demonstrate compliance with the Regulations. In December, 2018, the Agriculture Improvement Act of 2018, also known as the “Farm Bill,” was passed by Congress.

Research and Development 52

Research and Development Education Programs Policy 52

Cannabis Law Report

AUGUST 8, 2019

investment community as to the boundaries of legal risk and compliance. Medical use of cannabis when prescribed by a registered specialist doctor was legalised in November 2018. to be paid into his Spanish bank account and allowed the fraudsters to withdraw money from that account. There is very little guidance for U.K.

Legalization 40

Legalization Banking Compliance Compliance 40

Cannabis Law Report

SEPTEMBER 16, 2022

Its medical cannabis program is grounded in a 2017 voter-approved amendment to Florida’s Constitution, which was implemented through a 2018 statute. The act created the Georgia Access to Medical Cannabis Commission to regulate the program, and the commission began accepting applications for medical cannabis “producers” in 2020.

Law 52

Law Programs Cultivation Dispensary 52

Cannabis Law Report

JUNE 25, 2021

On 17 October 2018, the federal government enacted the Cannabis Act, which resulted in the legalisation of recreational-use cannabis across Canada. the Cannabis Regulations (SOR/2018-144). The province has also enacted the following regulations: Ontario Regulation 30/18; Regulations to Cannabis Licence Act, 2018; and.

Cannabinoids 91

Cannabinoids Edibles Retail Cannabis 91

SpeedWeed

JULY 21, 2021

From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. They’re looking for convenience.”.

Dispensary 52

Dispensary Packaging Terpenes Consumption 52

SpeedWeed

JULY 21, 2021

From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. They’re looking for convenience.”.

Cultivation 52

Cultivation Legislation Dispensary Packaging 52

SpeedWeed

FEBRUARY 24, 2021

As we look back three years to see how the market has changed – so 2018 and of ‘19 and ‘20. This is a great idea, talk to our bank. So that’s when the phone calls to the lawyers began and then vetting different banks and finding out how everybody else was doing it in industry. They were up about 1900 versus 1300 for Oklahoma.

Banking 52

Banking Research and Development Data Media 52

Connor & Connor PLLC

NOVEMBER 27, 2019

Therefore, retail marijuana stores, and their operators, should be aware of the industry’s best practices for how to limit access to only those customers that meet the requirements within the state. Not only are banks reluctant to lend money to dispensary operators but they are federally prohibited from doing so. 2] [link]. [3]

Dispensary 69

Dispensary Retail Recreational Business 69

SpeedWeed

JULY 22, 2021

From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. They’re looking for convenience.”.

Dispensary 52

Dispensary Packaging Terpenes Consumption 52

Cannabis Law Report

DECEMBER 11, 2019

The current Treasury Secretary Sajid Javid formerly held Patel’s role, and it was he who famously updated the Home Office rules in November 2018 to ostensibly allow medical cannabis to be prescribed in the UK. . Cause for optimism.

Cannabis 59

Cannabis Patients Policy Access 59

Cannabis Law Report

OCTOBER 22, 2019

Federal law covers cannabis law with a suffocating heavy gloss due to the consequences of federal criminal law, the Controlled Substances Act [“CSA”], [1] the Bank Secrecy Act , and IRC §280E. The vaping crisis and the 2018 Farm Bill add other complications at the federal level for advisors.

Legalization 45

Legalization Business Collective Cultivation 45

SpeedWeed

JULY 28, 2021

From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. They’re looking for convenience.”.

Dispensary 52

Dispensary Packaging Terpenes Consumption 52

Cannabis Law Report

JUNE 26, 2019

” She further directly advises that cannabis, or marijuana, is a medicine that an overwhelming majority of Floridians voted for and are constitutionally guaranteed access to as a therapeutic medicine. Zachary Kobrin. Antoinette Duncan. Duncan is the President and CEO of Duncan Life Sciences. 15, Peter Barsoom.

Marijuana 65

Marijuana Agriculture Research and Development Education 65

Cannabis Law Report

JANUARY 29, 2019

Instead, it says that scientific pilot trials like those approved by the Swiss Federal Council in July 2018 would be preferable. Last year, the country proposed pilot programs to make it easier for people with chronic conditions like MS or cancer to access the drug and, much like Germany, obtain insurance reimbursement for the same.

Legalization 40

Legalization Medicine Recreational Banking 40

Cannabis Law Report

SEPTEMBER 22, 2019

Knowing Your Rights , provided by the national medical cannabis advocacy organization Americans for Safe Access, admonishes current cannabis consumers: Medical cannabis patients and their providers are vulnerable to federal and state raids, arrest, prosecution, and incarceration. PERSONAL RIGHTS. ” EMPLOYMENT RIGHTS.

Cannabis 45

Cannabis Access Patients Legalization 45

Cannabis Law Report

OCTOBER 17, 2019

billion in 2018, and with a compound annual growth rate of 23.9%, is predicted to reach $66.3 Another researcher, New Frontier Data, pegged the global value of legal and illicit cannabis together at $340 billion in 2018. In 2018, the Farm Bill legalized industrial hemp in the US market, where it is defined as Cannabis sativa L.

Law 40

Law Seed-To-Sale Hemp Recreational 40

Cannabis Law Report

JULY 30, 2019

Nationally, on October 17, 2018, Forbes observed, “ Congress is out of step with the American people and the states on cannabis, ” Rep. Each patient and physician boldly proceed to maneuver Florida’s present physician and patient compliance system together, not to mention the issues: state vs. federal legality conflicts.

Marijuana 45

Marijuana Patients Research and Development Programs 45

Cannabis Law Report

MAY 17, 2019

billion in 2018 domestic sales and, after the Agriculture Improvement Act of 2018 (“Farm Bill”) removed them from the Controlled Substance Act, 21 U.S.C. §§ 801, Et. ’s largest CBD firms achieved record Q3 2018 revenues including: $17.7 million by Charlotte’s Web (maker of products sold in 3,000 U.S.

Food 10

Food DEA Hemp CBD 10

Meadow

JUNE 29, 2018

Lori Ajax and David Hua at Meadowlands on Saturday, June 16, 2018 (Photo Credit by Kandid Kush) One of our primary goals for Meadowlands was to open the channels of communication and make sure compliance and regulatory information is available to everyone in the community who needs it, not just those who can afford compliance experts.

Supply Chain 40

Supply Chain Wellness and Beauty Retail Cultivation 40

Cannabis Law Report

MARCH 25, 2019

The present administration through Attorney General Sessions revoked the Cole Memo in January 2018 [iv]. Trafficking in cannabis in compliance with state law will no longer constitute a predicate act to establish violations of other federal criminal laws under the CSA, in particular financial crimes such as money laundering laws.

Banking 45

Banking Law Marijuana State Laws 45