Cannabis Law Report

OCTOBER 26, 2019

The public safety concerns resulting from the dearth of cannabis banking has led dozens of state Attorneys General, the American Banking Association, and numerous other voices to urge the passage of legislation like the SAFE Banking Act so that the U.S. History of Marijuana Regulation and Banking Implications.

Banking 45

Banking Safety Business History 45

Cannabis Law Report

DECEMBER 14, 2019

On December 3, 2019, four federal agencies, in consultation with state banking regulators, clarified the legal status of hemp growth and production under the Bank Secrecy Act (BSA) for banks 1 providing financial services to hemp-related businesses. JD Supra Release. percent on a dry weight basis.” The Joint Statement.

Hemp 59

Hemp Business Banking Agriculture 59

Canna Law Blog

DECEMBER 1, 2021

NORML Key West Legal Seminar – Key Trends and Near-Term Forecasts for State Cannabis Programs | Friday, December 3rd at 11:50AM EST. Get your Continuing Legal Education (CLE) credits for practicing attorneys during this event! Join Harris Bricken attorney, Vince Sliwoski as he provides forecasts for state cannabis programs.

Events 81

Events Research and Development Therapy Decriminalization 81

NORML

APRIL 2, 2019

Current Office: Senator from Minnesota 2018 NORML Congressional Scorecard Grade: B Co-Sponsored Legislation: STATES Act (2017-2018). Summary: During her tenure in Congress, Senator Klobuchar did not sponsor her own marijuana law reform legislation and did not seem to make changing marijuana laws a priority. .”

Marijuana 277

Marijuana Legislation Policy Legalization 277

Cannabis Law Report

SEPTEMBER 10, 2019

Following last year’s passage of the 2018 Farm Bill, the National Credit Union Administration (NCUA) issued a regulatory update in August of 2019 to federally insured credit unions. As to the effects of the 2018 Farm Bill, the NCUA highlighted three points. By Tonya M. Esposito & Renee B. Appel on September 10, 2019.

Hemp 45

Hemp Business Compliance Compliance 45

Canna Law Blog

FEBRUARY 18, 2020

attorneys shouldn’t really prioritize federally illegal cannabis activities in states that robustly regulated cannabis and cannabis businesses (so long as eight main enforcement priorities were honored by the states). Then there was a bit of a downturn in January 2018 when then acting U.S. McIntosh cannot be overstated.

Business 124

Business Cannabis Law State Laws 124

Canna Law Blog

MARCH 30, 2020

In most states with approved cannabis programs, both medical and adult use marijuana sales have been designated “ essential services ” by state and local governments. Before diving in, it’s important to draw a bright line between forms of cannabis defined as “hemp” and “marijuana” under federal law. Nearly all U.S.

Banking 69

Banking Hemp Policy Supply Chain 69

Cannabis Law Report

SEPTEMBER 16, 2022

The region has been instrumental in highly regulated industries, such as alcohol and tobacco, and the only federally sanctioned cannabis grow program has operated at the University of Mississippi since the 1960s. Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis.

Law 52

Law Programs Cultivation Dispensary 52

Cannabis Law Report

AUGUST 24, 2019

Knowledge compels most people, organizations, companies and even communities to more actively participate in all levels of the Florida government medical marijuana program at the local, state, and federal levels. What growth and setbacks are happening in our current state program, and ultimately, on the national front?

Banking 49

Banking Marijuana Media Patients 49

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. Study: Oregon Has 6.5 Years of Cannabis Oversupply.

Digestion 53

Digestion Banking Hemp Retail 53

SpeedWeed

JULY 15, 2021

The 163-page Cannabis Administration and Opportunity Act (CAOA) aims to remove cannabis from the list of controlled substances; tax and regulate cannabis at the federal level; and grant states the power to keep or administer their own oversight programs. .

Banking 52

Banking Programs Decriminalization Legislation 52

SpeedWeed

JULY 15, 2021

The 163-page Cannabis Administration and Opportunity Act (CAOA) aims to remove cannabis from the list of controlled substances; tax and regulate cannabis at the federal level; and grant states the power to keep or administer their own oversight programs. .

Business 52

Business Banking Programs Decriminalization 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. Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law.

Hemp 69

Hemp Business Cultivation Banking 69

SpeedWeed

JULY 15, 2021

The 163-page Cannabis Administration and Opportunity Act (CAOA) aims to remove cannabis from the list of controlled substances; tax and regulate cannabis at the federal level; and grant states the power to keep or administer their own oversight programs. .

Banking 52

Banking Programs Decriminalization Legislation 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. Of the 47 states reviewed, only Oregon received a grade in the “A” range, while 17 states received failing grades.

Banking 45

Banking Research and Development Legislation Programs 45

Cannabis Law Report

JUNE 26, 2022

The Drug-Free Schools and Communities Act Amendments of 1989 (the Act) is the main body of law governing the use of controlled substances on college campuses. IHEs are required to certify that they have an AOD prevention program in order to remain eligible for certain forms of federal funding and assistance. Certification Requirements.

Research and Development 52

Research and Development Education Programs Policy 52

Canna Law Blog

SEPTEMBER 6, 2020

This Assembly Bill addresses cannabis banking on the state level. It’s admirable of California to make it official that financial institutions (and accountants) don’t commit any crimes under state law by virtue of servicing cannabis businesses. There’s one issue though: federal law.

Banking 64

Banking Pets Cultivation Cannabis 64

The Blunt Truth

FEBRUARY 14, 2019

Possibly the biggest news this week was the first ever Congressional hearing on cannabis banking. The committee memorandum has a great graphic of state marijuana laws – only three states allow no marijuana consumption in any form. ” Kamala Harris (D-CA) has indicated that she is in favor of legalization.

Banking 40

Banking Decriminalization Consumption State Laws 40

SpeedWeed

JULY 14, 2021

The 163-page Cannabis Administration and Opportunity Act (CAOA) aims to remove cannabis from the list of controlled substances; tax and regulate cannabis at the federal level; and grant states the power to keep or administer their own oversight programs. .

Packaging 52

Packaging Banking Programs CBD 52

Cannabis Law Report

MAY 11, 2022

Sirois structured his operations to appear as though they complied with Maine’s medical marijuana laws while he regularly sold bulk marijuana on the illicit market, including more than $1 million worth of marijuana for out-of-state distribution between 2018 and 2019, according federal prosecutors. 28, 2021, the U.S.

Banking 52

Banking Conditions Law Marijuana 52

The Blunt Truth

OCTOBER 29, 2019

The 2018 Farm Bill, which federally legalized hemp (formerly a Schedule I drug like its close cousin, marijuana), opened the gates for mass hemp production—well, almost. Alternatively, the rule establishes a Federal plan for producers in States or territories of Indian tribes that do not have their own USDA-approved plan.

Hemp 45

Hemp Legislation CBD Research and Development 45

SpeedWeed

JUNE 14, 2021

Dasheeda Dawson, Cannabis Program Manager for the City of Portland and Chair of Cannabis Regulators of Color Coalition (CRCC), said it’s fair to expect the Senate legalization package to go even further than the MORE Act when it comes to restorative justice, given the history of the Senators involved. Introduced in the House by Rep.

Banking 40

Banking Hemp Legislation Packaging 40

SpeedWeed

JUNE 14, 2021

Dasheeda Dawson, Cannabis Program Manager for the City of Portland and Chair of Cannabis Regulators of Color Coalition (CRCC), said it’s fair to expect the Senate legalization package to go even further than the MORE Act when it comes to restorative justice, given the history of the Senators involved. Introduced in the House by Rep.

Legislation 40

Legislation Banking Hemp Packaging 40

Cannabis Law Report

DECEMBER 23, 2019

Thereafter, Dr. Imani Brown joined DCR as City’s First Social Equity Program Manager working to develop the program further and lend support to its platform. . The Bureau of Cannabis Control (BCC) sent out 2,842 cease-and-desist letters to cannabis shops and businesses suspected of operating without state licenses.

Law 59

Law Banking Hemp Retail 59

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. Age limits (21).

DEA 88

DEA Business Banking Food 88

Cannabis Law Report

DECEMBER 12, 2019

Recreational use is becoming legal in a growing number of states. . Thirty-three states have enacted some type of medical marijuana program. Eleven states have legalized the recreational adult-use of marijuana. Compliance with state laws is of little benefit when it comes to federal bankruptcy, banking, and tax codes.

Compliance 59

Compliance Compliance Chronic Pain Banking 59

The Blunt Truth

OCTOBER 22, 2019

1639o, enacted through § 10113 of the 2018 Farm Bill ]). citizen who is petitioning for your “green card” status (lawful permanent residency) while owning a duplex (where you live together on one floor and s/he sells legal cannabis as a dispensary operator on the other). practicing law in the U.S. 1621 et seq., Note: 7 U.S.C.

DEA 51

DEA Banking Agriculture Law 51

Cannabis Law Report

MARCH 17, 2020

As Congress is considering legislation to provide banks with a safe harbor for providing services to those in the cannabis industry, other areas, from financial services to soft drink manufacturers, are actively assessing how the explosion of this new market will impact their products and services. Compliance program.

Compliance 59

Compliance Compliance State Laws Law 59

Cannabis Law Report

FEBRUARY 4, 2019

On December 12, 2018, the WSLCB passed Board Interim Policy (BIP) 06-2018 which allows marijuana licensees to spend personal funds on their marijuana business prior to the Board vetting the funds. Have lost their bank. The bank has denied their application. Trending Now: Use of Personal Funds. Payment Methods.

Topical 65

Topical Packaging Retail Legislation 65

Cannabis Law Report

OCTOBER 22, 2019

1639o, enacted through § 10113 of the 2018 Farm Bill ]). citizen who is petitioning for your “green card” status (lawful permanent residency) while owning a duplex (where you live together on one floor and s/he sells legal cannabis as a dispensary operator on the other). 1200 , The SAFE Banking Act, awaits a vote. 1621 et seq.,

DEA 40

DEA Banking Agriculture Supply Chain 40

Cannabis Law Report

AUGUST 8, 2019

Medical use of cannabis when prescribed by a registered specialist doctor was legalised in November 2018. THC (legal term “marijuana”) is classified as a Schedule 1 drug and is illegal under federal law for any purpose (with the exception of FDA-approved research programs) by way of the Controlled Substances Act 1970.

Legalization 40

Legalization Banking Compliance Compliance 40

MassRoots

NOVEMBER 19, 2018

Dana Rohrabacher (R-CA)] language was passed on the House floor in order to restrict the Department of Justice’s ability to enforce federal prohibition against the states that have legalized medical marijuana programs. — Nancy Pelosi (@NancyPelosi) January 4, 2018. Both congresswomen have received “B” grades from NORML.

Marijuana 58

Marijuana Legislation Policy Decriminalization 58

Cannabis Law Report

SEPTEMBER 22, 2019

Laws protecting patients and their providers vary from state to state and, in some cases, may vary from county to county. Many individuals choose to break outdated state laws that do not account for medical use or their access. ” EMPLOYMENT RIGHTS.

Cannabis 45

Cannabis Access Patients Legalization 45

Cannabis Law Report

AUGUST 6, 2019

” Scott Strachan also covered seasonal residency in December 21, 2018 with his Snowbirds traveling with medical marijuana: What to do : “It’s that time of year in Fort Myers, Cape Coral, and all of Florida. has a medical marijuana use program of some kind operating in their home state. . . .”

Marijuana 40

Marijuana Research and Development Programs Collective 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.”

Policy 63

Policy Legislation Research and Development Business 63

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. which aspects of the law are determined federally versus locally. North America at the Forefront.

Law 40

Law Seed-To-Sale Hemp Recreational 40

Cannabis Law Report

MARCH 25, 2019

Congress could pass a law that would legitimate marijuana activities, but only to the extent an individual or commercial enterprise acts within the letter of state law. The present administration through Attorney General Sessions revoked the Cole Memo in January 2018 [iv]. In the 115th session of Congress, S.

Banking 45

Banking Law Marijuana State Laws 45