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.

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Banking Research and Development Programs Advocacy 106

SpeedWeed

FEBRUARY 19, 2021

18 missive to Congress, the CANNRA outlined its policy priorities, including: Reinstituting the Cole Memorandum. Rescinded in 2018 by former U.S. Facilitating access to banking and other traditional financial services. Facilitating access to banking and other traditional financial services.

Research and Development 52

Research and Development Marijuana Banking Policy 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. Read the bill’s text here. ABOUT THIS AUTHORS. Jennifer K.

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Banking Law Compliance Compliance 40

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).

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Banking Marijuana Collective Recreational 59

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 will also be a role for the Treasury and the Consumer Product Safety Commission. SAFE Banking.

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Banking Vaping Education DEA 111

Cannabis Law Report

SEPTEMBER 29, 2021

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. Senators) who joined the group in a spirited, interactive discussion on hemp public policy. The national media took notice of some of the highlights: Rep. By Kyle Jaeger.

Hemp 52

Hemp Banking Legislation Policy 52

Cannabis Law Report

JANUARY 3, 2022

CBD Product Safety and Standardization Act of 2021. The most recent legislation to debut on behalf of hemp, the CBD Product Safety and Standardization Act of 2021, was introduced this month by a bipartisan group of U.S. Hemp Access and Consumer Safety Act. SAFE Banking Act. representatives, including Reps. THC to 1% THC.

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

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Banking Law Legalization Hemp 89

Canna Law Blog

FEBRUARY 17, 2023

This lack of research has made it challenging to create evidence-based policy around the legalization of marijuana and has contributed to political resistance to legalizing marijuana at the federal level. Disputes can arise when businesses are accused of violating these regulations or when they challenge the legality of certain regulations.

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Banking Legalization Business Cannabis 81

Cannabis Law Report

NOVEMBER 16, 2019

In 2017, 2018 and 2019 he was chosen as a global elite “Thought Leader” by Who’s Who Legal and also selected as the number one offshore asset recovery lawyer worldwide over the same period. federal and the UK’s national banking systems. This is a public safety hazard. Martin is Managing Partner of Martin Kenney & Co.

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Banking Legalization Research and Development Cannabis 45

CannaMD

APRIL 15, 2020

The National Organization for the Reform of Marijuana Laws (NORML) has issued marijuana policy guidance for lawmakers during the coronavirus (COVID-19) crisis, along with a statement regarding the designation of medical cannabis facilities as “essential.” NORML: COVID-19 Memo to Lawmakers.

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Policy Patients Dispensary Banking 55

Sensi Seeds

NOVEMBER 28, 2018

All of these companies, the seeds banks, cultivators, manufacturers, grow shops, distributors, and online vendors operate in a grey market that permits them to sell their products as long as they follow some rules. In August 2018, reports of shops being raided and CBD product confiscated began to circulate on Twitter.

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CBD Seed-To-Sale Food Research and Development 71

SpeedWeed

JUNE 14, 2021

The Secure and Fair Enforcement in (SAFE) Banking Act. The SAFE Banking Act is a more incremental reform step that would allow cannabis businesses access to the same kind of banking products available for other businesses, including credit and insurance. The Hemp Access and Consumer Safety Act. Ed Perlmutter (D-CO).

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Banking Hemp Legislation Packaging 40

SpeedWeed

JUNE 14, 2021

The Secure and Fair Enforcement in (SAFE) Banking Act. The SAFE Banking Act is a more incremental reform step that would allow cannabis businesses access to the same kind of banking products available for other businesses, including credit and insurance. The Hemp Access and Consumer Safety Act. Ed Perlmutter (D-CO).

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Legislation Banking Hemp Packaging 40

Cannabis Law Report

AUGUST 31, 2022

Delta-8 THC essentially exists because of a loophole in the 2018 Farm Bill. Similarly, despite its relaxed regulation of marijuana, Colorado lawmakers recently banned Delta-8 citing safety concerns. Legal Status of Delta-8 THC. Delta-9 THC per dry mass — levels generally considered too low to have any psychoactive effect.

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THC Hemp Banking Law 52

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. Lack of access to banking. And the majority of cities and counties that do allow for it only limit that activity to medical cannabis production and sales. Being a cannabis regulator is no easy task.

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Banking Cannabis Vaping Business 77

MMJ Recs

JANUARY 27, 2020

Since Oklahoma legalized medical marijuana (MMJ) back in August 2018, the state has quickly become home to one of the largest populations of MMJ users in the entire country. Bypassing stricter policies in other states means that Oklahomans can get MMJ products to help with a wider range of illnesses and medical conditions.

Marijuana 52

Marijuana Seed-To-Sale Banking Dispensary 52

Cannabis Law Report

AUGUST 30, 2019

Since the passage of the 2018 Farm Bill, industrial hemp production has increased by 368 percent among US farmers as demand for CBP products has drastically risen. The SAFE Banking Act (H.R. The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production.

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Banking Research and Development Legislation Programs 45

Cannabis Law Report

JUNE 28, 2022

For example, the incarceration of Brittney Griner in Russia is either an example of the country’s heavy-handed diplomatic policies or, more likely, a high-profile cautionary tale of an individual who possessed a cannabis derivative while traveling. Recently, California considered a bill that would allow interstate cannabis sales.

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Legalization Supply Chain Hemp Cannabis 52

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. ” SBA fairness.

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DEA Business Banking Food 88

Cannabis Law Report

FEBRUARY 4, 2019

You can read more about product packaging and labeling requirements on the Understanding Board Interim Policies for Packaging and Labeling section of the LCB website. The policy only applies to approved owners who are investing their own personal money into the business. Have lost their bank. Payment Methods.

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Topical Packaging Retail Legislation 65

Otherside Farms

FEBRUARY 14, 2019

The 2018 Farm Bill. That is, banks can now get involved, and if the banks get involved, the credit card companies can get involved, and if that happens, the big retailers will want part of that market like Target and Wal-Mart, “Sean explained. billion dollars by 2022, with 1.3

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CBD Legalization Hemp Chronic Pain 65

Canna Law Blog

JANUARY 14, 2019

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? For a brief overview, the 2018 Farm Bill modified the Controlled Substances Act (the “CSA”) to exempt hemp from the definition of marijuana. And it was pretty bad.

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Hemp CBD Food Seed-To-Sale 85

Cannabis Law Report

MARCH 26, 2019

On December 20, 2018, President Donald Trump signed the 2018 Farm Bill into law. This represents a global shift in cannabis policy, but the work has only begun. The standards governing consumer protection related to health and safety measures, labeling and disclosure already exist. A Note From Robert Hoban.

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Banking Hemp Events Law 59

Cannabis Law Report

DECEMBER 23, 2019

With the states, the feds, and the locals all making up their own rules for hemp and cannabis operations and prohibitions, the illicit market continued to thrive – creating financial hardships for licensed operators and a safety crisis for consumers. TOP Defining Moments in Los Angeles Cannabis.

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Law Banking Hemp Retail 59

SpeedWeed

FEBRUARY 19, 2021

Cannabis, however, adds another complicating factor to this dynamic – years of outdated policies stemming from the war on drugs have disproportionately impacted communities of color. Cuomo’s proposal builds on years of work to understand and decriminalize cannabis for adult use.

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Programs Legislation Decriminalization Safety 40

SpeedWeed

FEBRUARY 18, 2021

Cannabis, however, adds another complicating factor to this dynamic – years of outdated policies stemming from the war on drugs have disproportionately impacted communities of color. Cuomo’s proposal builds on years of work to understand and decriminalize cannabis for adult use.

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Media Decriminalization Safety Research and Development 52

Canna Law Blog

MARCH 1, 2019

Following the 2017 session, however, the Joint Committee was dissolved, on the inclination that Salem would start treating cannabis more like a standard policy issue. Some of these laws will arise out of necessity (such as to accommodate the 2018 Farm Bill ). Oregon Marijuana: The Banking Bill (2016). It needs to get done.

Legislation 63

Legislation Consumption Hemp Recreational 63

Cannabis Law Report

JANUARY 7, 2019

Few banks want to offer loans or credit to a marijuana-based enterprise due to the newness of the market and the sticky legal issues that arise when states’ rights come into play. As of May 2018, none has yet achieved widespread adoption. Even with all that official backing, cannabis dispensaries and farms face significant challenges.

Banking 40

Banking Cannabis Legalization Dispensary 40

Cannabis Law Report

SEPTEMBER 16, 2019

.” According to the 2019 Marijuana Factbook, as of July 5, 2019, six vertically integrated MMJ businesses operated 120 of the state’s 142 dispensaries, with a projection: “MMJ sales in Florida will reach $425 million-$525 million this year, up from $225 million-$300 million in 2018.” Concerning illicit v.

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Policy Legislation Research and Development Business 63

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.”.

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Cultivation Legislation Dispensary Packaging 52

Cannabis Law Report

JUNE 26, 2019

In May 2019, Florida Commissioner of Agriculture Nikki Fried announced that a newly-created and appointed Medical Marijuana Advisory Committee of 18 doctors, lawyers, patients, industry leaders, and advocates will be implemented in order to “advance and modernize policies” to move Florida into the future of medical marijuana.

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Marijuana Agriculture Research and Development Education 65

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

SEPTEMBER 19, 2019

From where I am sitting, however, it seems highly unlikely that the same grey-haired Congress that hasn’t yet managed to pull it together on a simple banking bill is all of a sudden going to rise up and legalize the leaf nationwide as its Christmas gift to the nation. ” In October 2018, the U.S. hemp and marijuana.

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Vaping Hemp Education Patients 55

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. Many of these are meant to address public safety risks, especially for young people. plants with.3%

Law 40

Law Seed-To-Sale Hemp Recreational 40

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