Remove 2020 Remove Banking Remove Dispensary Remove Policy
article thumbnail

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.

Banking 80
article thumbnail

NORML’s 2020 Democratic Primary Marijuana Straw Poll

NORML

The 2020 Democratic Presidential Primary is already heating up and we wanted to reach out to our supporters to take an early straw poll of who they think voters who prioritize marijuana law reform should support in that primary. Please review the information below and then cast a vote in our 2020 Democratic Primary Straw Poll!

Marijuana 277
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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 Department of Justice on “Marijuana Related Financial Crimes” was rescinded in 2018 , the FinCen Memo has been the only game in town for federal banking guidance.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.

Banking 98
article thumbnail

Article – “Stop Dreaming: Cannabis Banking Reform Isn’t Happening in 2020”

Cannabis Law Report

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. In other words, it’d open the door for banks to offer lines of credit, checking and savings accounts, and traditional loans, to U.S. Here’s the piece.

Banking 64
article thumbnail

The Week in Weed: May 15, 2020

The Blunt Truth

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
article thumbnail

Merkley & Daines Urge Chair of Senate Banking, Housing, and Urban Affairs Committee To Act On SAFE

Cannabis Law Report

Here’s their letter to the Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. The inability of these state-legal entities to bank their significant cash reserves is an issue of public safety. In Yellowstone County, two medical marijuana dispensaries were burglarized on the same day in March.”.

Banking 66
article thumbnail

Will Cannabis Banking Reform Happen This Session?

SpeedWeed

Despite a busy year on the state level and multiple bills announced and introduced into Congress, not much legislative progress has been made on federal cannabis policy in 2021. . Could the acceptance of standalone banking regulations sap momentum for full scale reform? Reconciling standalone banking with descheduling .

Banking 52