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Cannabis Workers, Unemployment Insurance, and the Small Business Administration: What You Need to Know

NORML

There is no doubt that the COVID-19 pandemic is adversely impacting businesses around the world, and smaller businesses especially. That is why these businesses continue to face undue discrimination under federal law, including the lack of access to banking services and a prohibition of standard business tax deductions.

Business 333
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Louisiana Expands State Medical Marijuana Program

MassRoots

New laws expanding the medical marijuana program in Louisiana went into effect on August 1. The state’s medical marijuana program has been criticized for being too limited and too restrictive since the program was established in 2016, but the three laws that went into effect on Saturday aim to improve the situation.

Programs 124
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Social Equity Programs in Cannabis – Worth their Weight?

The Blunt Truth

In an attempt to counter this history of disparity, many states and cities have implemented social equity programs in connection to the legalization of medical or adult cannabis use. Ohio, which has only legalized medical use, initially set aside 15% of medical licenses to be awarded to minority-owned businesses.

Programs 128
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2019: A High-storic Year for Nevada NORML Chapters

NORML

Initiated a patient voucher program for eligible patients. Director of Development Tina Ulman appeared on “The Ingraham Angle” Tina had the honor of appearing on the Fox News primetime program of a personality notoriously against cannabis, Laura Ingraham. In 2019, NORML drastically increased our online presence.

Advocacy 130
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Chairwoman Velázquez Introduced Bill To End Marijuana Prohibition And Promote Small Businesses

NORML

House Small Business Committee Chairwoman Nydia Velázquez along with Representatives Jared Golden and Dwight Evans introduced a package of legislation, ( H.R. To date, these statewide regulatory programs are operating largely as voters and politicians intended. 3540 , H.R. 3543 , and H.R. Thirty-three states, Washington, D.C.

Business 201
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Proposed Legislation: Ensuring Safe Capital Access for All Small Business Act of 2019

Cannabis Law Report

Cannabis-related businesses, especially those from disadvantaged communities, would be eligible to get loans backed by the federal Small Business Administration for the first time under proposed legislation. Chairwoman Velázquez Announces Bills to Open SBA Programs to Legal Cannabis Businesses. Full report.

Access 55
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Pennsylvania Says Yes to Banking for Cannabis Businesses

Veriheal

Banking has been a hurdle for cannabis businesses since the birth of the industry. Despite the fact that these businesses are state-legal, financial institutions have historically hesitated to work with them due to cannabis’ federally illegal status. It also did not normalize federal taxation for businesses within the sector.

Banking 116