Cannabis Law Report

SEPTEMBER 29, 2021

Hemp Roundtable made a lot of national news noise – and it’s no wonder, given the all-star lineup that joined the Roundtable in its virtual DC “fly-in.” The membership subsequently met with the USDA’s new Hemp Work Group, and White House officials that serve the President on agriculture and drug control policy.

Hemp 52

Hemp Banking Legislation Policy 52

Cannabis Law Report

AUGUST 16, 2019

Times of CBD reports…… Senator Michael Bennet (D-CO), who is presently working to secure the Democratic nomination for president, issued a letter to the financial authorities, requesting information on banking services for hemp businesses. as well as across the country. Full Story At: [link].

Banking 40

Banking Hemp Policy Business 40

Cannabis Law Report

JULY 2, 2019

The world of marijuana banking has been rife with compliance risks for years. Legal Hemp Growing. The passing of the 2018 Farm Bill provides new opportunities for financial institutions to legally serve a certain class of marijuana-related business. The Farm Bill changes the classification of hemp to an agricultural product.

Banking 40

Banking Hemp Marijuana Compliance 40

Canna Law Blog

JANUARY 29, 2019

In December 2018, Congress passed the Agricultural Improvement Act of 2018 (better known as the “ Farm Bill ”). Among other things, the passage of the bill removed industrial hemp from the federal Controlled Substances Act, allowing legal production of the crop. the Food and Drug Administration’s role in hemp CBD.

Hemp 95

Hemp CBD Topical Food 95

Canna Law Blog

OCTOBER 5, 2019

In a pretty historic moment, the House of Representatives officially voted to pass the SAFE Banking Act (H.R. We’ve extensively covered the Act’s progress in past posts (the latest can be found here and here ), but just as a reminder, the Act would finally allow the cannabis industry to access banking and financial services.

Banking 75

Banking Legislation Hemp Retail 75

Canna Law Blog

MAY 14, 2019

Banking , intellectual property , food and beverage (and cosmetics ), international trade , domestic trade , state laws , ag production contracts , etc., When it comes to industrial hemp, the 2018 Farm Bill upended all of these things. All told, the amount of private capital flowing into hemp and hemp-CBD is extraordinary.

Hemp 76

Hemp CBD Policy Banking 76

Cannabis Law Report

APRIL 8, 2022

HEMP ROUNDTABLE BOARD MEETS WITH U.S. The Nation ’ s Hemp Advocacy Organization Coordinated A Full-Day Of Meetings On Capitol Hill To Advocate For FDA regulation Of CBD, SAFE Banking, And The Hemp Advancement Act . Hemp Roundtable conducted a “D.C. Fly-In” on Capitol Hill, meeting personally with U.S. 841 and H.R.

Hemp 52

Hemp Banking Policy CBD 52

Cannabis Law Report

JANUARY 30, 2019

European cannabis firms and investors enviously watching the rapid maturation of the multi-billion dollar North American industry may consider something both geographies have in common; the difficulty of getting banks onside. As of September 2018, Forbes reported just 30 percent of cannabis firms in the US had access to bank accounts.

Banking 77

Banking Hemp Business Cannabis 77

Cannabis Law Report

JANUARY 3, 2022

Hemp Industry Daily Report. Here’s a breakdown of seven federal bills on the docket – plus one state measure – and a look at why they’re important to hemp farmers and business owners. Hemp Access and Consumer Safety Act. Hemp champion Sen. Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2021.

Hemp 52

Hemp Packaging Banking Food 52

NORML

APRIL 2, 2019

We will be taking many more in-depth looks at the 2020 race as it progresses, including potential primary challengers on the Republican side, but first we wanted to provide an overview of all the currently announced Democratic candidates, along with their record and policy statements when it comes to marijuana legalization. The Senators.

Marijuana 277

Marijuana Legislation Policy Legalization 277

Cannabis Law Report

FEBRUARY 3, 2022

House Bill 4016 – Mortarium on Cannabis & Hemp Producer Licenses. HB 4016 authorizes the Oregon Liquor and Cannabis Commission (OLCC) and Oregon State Department of Agriculture (ODA) to unilaterally issue moratoriums on the issuance of new marijuana and hemp producer licenses.

Banking 52

Banking Legislation Hemp Programs 52

Canna Law Blog

APRIL 24, 2020

This is a significant burden on the marijuana industry but as you can see from the response above, hemp producers are not disqualified from federal relief thanks to the Agriculture Improvement Act of 2018 aka the 2018 Farm Bill. — SBA Pacific NW (@SBAPacificNW) March 23, 2020. .

Hemp 57

Hemp Agriculture Food CBD 57

Veriheal

AUGUST 14, 2023

In a recent controversial move, Mastercard issued a directive to United States banks, ordering them to block cannabis purchases on its debit cards. This new mandate struck a chord because, unlike credit cards, debit cards are linked directly to an individual’s bank account. THC by dry weight.

Banking 98

Banking Dispensary Cannabis Recreational 98

Cannabis Law Report

DECEMBER 30, 2019

If Nasdaq.com are re-distributing a Motely Fool piece on the state of cannabis banking then we’d suggest it is probably worth heeding what’s being said. He can push his hemp industry profile which we are pretty sure will make some friends, colleagues and donors very wealthy and especially in his home state of Kentucky.

Banking 64

Banking Business Cannabis THC 64

Canna Law Blog

FEBRUARY 20, 2019

Congress passed the Agricultural Improvement Act of 2018 (better known as the “ Farm Bill ”) in December 2018 which removed hemp from the federal Controlled Substances Act. This further resulted in hemp-based cannabidiol or “hemp-CBD” legalization. the Food and Drug Administration’s role in hemp-CBD.

Hemp 69

Hemp CBD Topical Food 69

Cannabis Law Report

MARCH 13, 2019

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. The new practice leverages the firm’s in-depth cannabis and hemp industry knowledge and expertise of the tax implications, regulatory environment, as well as critical operating and financial procedures.

Hemp 71

Hemp Business Banking Concentrates 71

Canna Law Blog

MARCH 22, 2019

Department of Agriculture (“USDA”) held a public meeting during which hemp stakeholders shared their opinion on the promulgation of rules to regulate the crop. Specifically, the federal agency is to review and approve “plans” submitted by states and Indian tribes that choose to hold primary regulatory authority over hemp.

Hemp 70

Hemp Supply Chain Agriculture Banking 70

SpeedWeed

MARCH 24, 2021

Like the opening bell on the trading floor of the Stock Exchange, the reintroduction in Congress last week of the long-awaited Secure and Fair Enforcement (SAFE) Banking Act and related Clarifying Law Around Insurance of Marijuana (CLAIM) Act was a call to action for carriers and insurance brokers across the country. SAFE Banking Act.

Banking 52

Banking Business Policy Legislation 52

Cannabis Law Report

SEPTEMBER 24, 2019

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

Banking 40

Banking Law Compliance Compliance 40

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 71

Hemp Business Cultivation Banking 71

Canna Law Blog

JANUARY 14, 2019

We’ve got you covered on California, hemp, FDA and CBD. A few months ago, I wrote a blog post about the precarious state of industrial-hemp derived CBD in California. Since then, as everyone knows, President Trump signed the Agricultural Improvement Act of 2018 (or “Farm Bill”). What did the 2018 Farm Bill Actually Do?

Hemp 87

Hemp CBD Food Seed-To-Sale 87

Cannabis Law Report

OCTOBER 29, 2019

Department of Agriculture released historic regulations Tuesday that will govern the production of hemp as an agricultural commodity in the U.S. The federal government’s decades-long prohibition on hemp production was lifted in December when the 2018 farm bill was approved by Congress and signed into law by President Trump.

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Hemp Agriculture Policy Cannabinoids 45

The Blunt Truth

MAY 15, 2020

The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. No word yet on any change in policy. SBA funds, however, are not. and finally.

Banking 106

Banking Research and Development Programs Advocacy 106

Cannabis Law Report

SEPTEMBER 12, 2022

Before 1937, industrial hemp was legal and used for clothing, paper, rope, and fuel. Hemp was grown by our forefathers—even required of early colonists. plant illegal, including hemp, a sturdy low THC variety. Hemp was briefly re-legalized in World War II to make canvas and other items requiring the strength hemp provides.

Hemp 52

Hemp CBD Food Extraction 52

Cannabis Law Report

SEPTEMBER 28, 2019

The ABA reports on itself, “ The ABA ventured into a complex legal field last week with what organizers say was its first national conference on cannabis and hemp law.” While cannabis remains illegal under federal law, industrial hemp was legalized as part of the 2018 Farm Bill.

Hemp 55

Hemp Law Cannabis Policy 55

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. He also said that he feels legalization at the federal level is an inevitability. Here’s his full presentation.

Banking 89

Banking Law Legalization Hemp 89

Cannabis Law Report

JANUARY 10, 2020

Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. However, the strong growth of marijuana sales and new business entrants began to slow in 2017 and 2018, suggesting the industry may be moving into a more mature stage of development. Department of Justice (DOJ).

Banking 59

Banking Marijuana Collective Recreational 59

Canna Law Blog

MARCH 30, 2020

Before diving in, it’s important to draw a bright line between forms of cannabis defined as “hemp” and “marijuana” under federal law. In the 2018 Farm Bill, hemp was removed from the definition of “marijuana” under the federal Controlled Substances Act. As with everything else, hemp businesses should be OK.

Banking 71

Banking Hemp Policy Supply Chain 71

Cannabis Law Report

SEPTEMBER 9, 2021

The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.

Policy 105

Policy Research and Development Collective Banking 105

Cannabis Law Report

JULY 15, 2021

A few highlights included representing the Hemp Industries Association in the 2018 HIA v. DEA case, Bob Hoban’s advising of more than 30 countries on cannabis policy and crafting of CBD legal strategies, and the expansion of global offices in more than 10 countries. The cannabis industry is poised for sweeping change.

Law 100

Law DEA Banking Policy 100

Cannabis Law Report

AUGUST 5, 2021

State opt-out- States’ rights would be preserved with the authority of states to set their own marijuana policies and keep it illegal, but states would not be able to stop product from being transported through their state. There are no provisions on banking, but making cannabis legal should remove money laundering issues.

Banking 111

Banking Vaping Education DEA 111

Cannabis Law Report

OCTOBER 26, 2019

The company is also lobbying on top cannabis bills in Congress: the SAFE Banking Act , which would give the booming industry access to banks and other financial services; and the STATES Act , which would get federal law out of the way in state-legal cannabis programs. Read the full story on Cannabis Wire. .

Pharmaceutical 45

Pharmaceutical Research and Development Banking Therapy 45

Cannabis Law Report

JULY 29, 2022

And there is no dispute that “the federal government continues to lag woefully behind” in correcting the injustices caused by the existing federal drug law and policies, Booker acknowledged. The SAFE Banking Act has passed the House more than six times in the past three years, but continues to stall in the Senate. So what does CAOA do?

Legislation 52

Legislation Legalization Marijuana Banking 52

Cannabis Law Report

MARCH 3, 2020

OTCMKTS: HEMP).”. OTCMKTS: HEMP).”. The article also highlights Hemp, Inc. In this interview Bruce shares the latest news from around the country and about Hemp, Inc. – Unfortunately, OTC’s statement on its website continues to cause a misunderstanding regarding Hemp, Inc.’s s reporting status.

Hemp 59

Hemp Seed-To-Sale Education Research and Development 59

Cannabis Law Report

JUNE 28, 2022

The commercial regulated cannabis industry, which includes both industrial hemp and marijuana, is in its infancy. No one really knows whether the substance Griner was caught with was a derivative of hemp or marijuana. There is tremendous confusion about hemp-derived products, such as CBD, and whether they are legal.

Legalization 52

Legalization Supply Chain Hemp Cannabis 52

Cannabis Law Report

APRIL 26, 2022

Known for its harsh anti-drug policies, Thailand became the first country in South East Asia to legalise medical cannabis in 2018, with the legislation passing in February 2019. This is what they are saying. Cannabis looks promising for wellness tourism. In 2020, 8.6% million by 2022, representing a compound annual growth rate of 5.6%

Legislation 52

Legislation Agriculture Research and Development Banking 52

Cannabis Law Report

SEPTEMBER 23, 2019

The Charles Gazette-Mail report… State Treasurer John Perdue is hiring an attorney to assist with his office’s handling of banking services for West Virginia’s medical cannabis program, a show of escalating tension with the district’s federal prosecutor. He brought civil action against hemp farms. However, the U.S.

Programs 55

Programs Banking Business Law 55