Remove 2020 Remove Banking Remove Cultivation Remove Dispensary
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Cannabis Banking Today

Canna Law Blog

We are helping build out another cannabis banking program here in Oregon. We have also handled a good bit of hemp banking work – mostly in 2019 and 2020 before that industry cratered. That’s banking. Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

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Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

Guidance on banking and MRBs. Department of Justice on “Marijuana Related Financial Crimes” was rescinded in 2018 , the FinCen Memo has been the only game in town for federal banking guidance. But banks don’t really use that. Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

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ILLINOIS STARTS 2020 ON A HIGH NOTE

Cannabis Law Report

ILLINOIS STARTS 2020 ON A HIGH NOTE. by Akshita Singh and Douglas Sargent | Jan 10, 2020 | Legislation , Recreational Marijuana , Social Equity | Illinois. The IDFPR will issue up to 75 new dispensaries licenses on or before May 1, 2020. We are already beginning to work on those applications.

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Legislation to Expedite Cannabis Cultivation Introduced in New York

SpeedWeed

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 flexible and ready to pivot.”.

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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

billion from 2020 to 2025 at a CAGR of 21.74%. Plant-Touching Businesses As the name implies, plant-touching cannabis businesses deal directly with the cannabis plant from seed to dispensary shelf. Dispensaries: Dispensaries are the distribution hubs of the cannabis industry.

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In Case You Missed It: Key Marijuana Law Developments in 2022

The Blunt Truth

The moratorium extends to processing and issuing new licenses for: Dispensaries. The statute: Legalizes possession of small amounts of marijuana and cultivation of up to three mature and three immature cannabis plants per dwelling for personal use. The House passed similar legislation in 2020, but it failed to pass the Senate.

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Weekly Legislative Roundup 1/18/20

NORML

House Bill 1359 would create a 5 year medical marijuana pilot program, allowing patients to access their medicine from licensed dispensaries. LD 1621 / SP 518 would allow licensed dispensaries to home deliver adult use cannabis to consumers 21 and older, only in jurisdictions that allow delivery services to operate. IN resident?