SpeedWeed

MARCH 24, 2021

senators attached their names to the Secure And Fair Enforcement (SAFE) Banking Act of 2021, legislation that was reintroduced March 23 in the upper chamber of Congress. The Senate version of the bill comes on the heels of SAFE Banking being refiled in the House on March 18, where it carries more than 100 co-sponsors. Thirty U.S.

Banking 52

Banking Access Safety Business 52

Cannabis Law Report

FEBRUARY 5, 2020

The “Roadmap to Cannabis Banking & Financial Services”, aims to increase the number of financial service providers in Colorado who serve the state’s legal marijuana and industrial hemp industries. Roadmap to cannabis banking_January 2020. “As 1595, the Secure and Fair Enforcement Act of 2019 (SAFE Banking Act).

Banking 69

Banking Safety Business Cannabis 69

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo.,

Banking 52

Banking Legislation Safety Access 52

The Blunt Truth

MAY 28, 2020

In federal news, the marijuana banking provisions in the latest relief bill may not be dead on arrival. We expressed some doubt last week as to the success of the SAFE Banking provisions in the latest pandemic relief bill. Oklahoma is having some medical marijuana issues. Massachusetts recreational shops reopened. Her reasons?

Banking 99

Banking Decriminalization Recreational Hemp 99

SpeedWeed

AUGUST 20, 2021

Late last month, the House took yet another preliminary step towards the regulation of financial services for cannabis by including banking provisions in a limited budget proposal approved by a full floor vote. Could the acceptance of standalone banking regulations sap momentum for full scale reform? Big cannabis doesn’t need SAFE.

Banking 52

Banking Legislation Packaging Cannabis 52

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. SBA funds, however, are not. There’s also lots of state news. ” sba loans.

Banking 106

Banking Research and Development Programs Advocacy 106

Cannabis Law Report

JUNE 21, 2021

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. 1] Further, according to BDSA, legal sales in the United States in 2020 generated $17.5

Banking 66

Banking Legislation Safety Dispensary 66

The Blunt Truth

SEPTEMBER 22, 2023

We have some information on the SAFER Banking Act – will the “R” make all the difference? SAFER BANKING ACT “A rose, by any other name, would smell as sweet,” says Shakespeare. SAFER BANKING ACT “A rose, by any other name, would smell as sweet,” says Shakespeare. Does the same hold true for cannabis banking legislation?

Banking 98

Banking Legislation Safety Marijuana 98

Greenspoon Marder Cannabis Law Group Blog

JUNE 14, 2019

In a press release published by the House Committee on Appropriations on June 2, 2019, a 2020 Financial Services and General Government Funding Bill was announced. As of June 5 th , 2019 the SAFE Banking Act has been placed on the Union Calendar (Calendar No. By: Nabil Rodriguez, Esq. & & Victor Fox*.

Banking 64

Banking State Laws Cannabis Business 64

Canna Law Blog

JULY 11, 2020

On Wednesday, July 8, 2020, a bipartisan group of sixteen state treasurers, led by Oregon Treasurer Tobias Read, sent a letter to congressional leaders requesting that the next piece of COVID-19 relief legislation include the SAFE Banking Act.

Banking 61

Banking Legislation Safety Business 61

MassRoots

AUGUST 4, 2020

The California Cannabis Industry Association (CCIA) is calling for cannabis businesses to join them in imploring Speaker Pelosi to prioritize the Secure and Fair Enforcement Banking Act (SAFE Banking Act). What is the SAFE Banking Act? CCIA and The Liaison Group have been working tirelessly behind the scenes on SAFE Banking.

Banking 52

Banking Access Business Programs 52

The Blunt Truth

APRIL 23, 2020

Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) just introduced the Emergency Cannabis Small Business Health and Safety Act in the House of Representatives. marijuana banking. Ed Perlmutter (D-CO) is optimistic that cannabis banking could make its way into one of the next two relief packages. See text of bill here.

Banking 101

Banking Packaging Programs Legislation 101

MMJ Recs

JANUARY 27, 2020

What you need to know about Oklahoma medical marijuana in 2020. But perhaps one of the biggest factors that affects Oklahoma MMJ in 2020 is that doctors in the state are permitted to recommend MMJ products for whatever condition they deem fit. Are there new laws around Oklahoma medical cannabis in 2020?

Marijuana 52

Marijuana Seed-To-Sale Banking Dispensary 52

Canna Law Blog

SEPTEMBER 6, 2020

The set-up is markedly different than the 2020 session, where there were over 30 cannabis-related bills. This Assembly Bill addresses cannabis banking on the state level. The post 2020 California Cannabis Bill Round-Up appeared first on Harris Bricken. Nevertheless, here we are.

Banking 63

Banking Pets Cultivation Cannabis 63

Cannabis Law Report

DECEMBER 19, 2019

He’s demanding more studies and much tighter rules around banking and the crop. Unfortunately all this means is a vicious cycle in 2020-2021. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. Requests feedback on potential changes to address public health and safety issues.

Banking 71

Banking Legalization Safety Research and Development 71

The Joint Blog

MAY 22, 2019

The Associated Press is reporting that California is quickly moving forward with a plan to establish a system of banks to work with the marijuana industry which is legal under state law, but illegal under federal law. statutes also prohibit banks from handling money that comes from criminal activity. Republican Sen.

Banking 50

Banking Marijuana Retail Collective 50

SpeedWeed

MARCH 24, 2021

Like the opening bell on the trading floor of the Stock Exchange, the reintroduction in Congress last week of the long-awaited Secure and Fair Enforcement (SAFE) Banking Act and related Clarifying Law Around Insurance of Marijuana (CLAIM) Act was a call to action for carriers and insurance brokers across the country. SAFE Banking Act.

Banking 52

Banking Business Policy Legislation 52

Cannabis Law Report

JUNE 22, 2021

Banking Dive reports on what seems a very light sentence (we think) compared to some of the sentences we’ve recently seen handed out to illegal grow house minders or street dealers around the country. banks and credit unions into processing cannabis sales. banks and credit unions into processing cannabis sales.

Banking 111

Banking Legislation Dispensary Cannabis 111

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. What Does All of This Mean for 2020? .

Law 59

Law Banking Hemp Retail 59

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo.,

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo.,

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

AUGUST 19, 2021

Late last month, the House took yet another preliminary step towards the regulation of financial services for cannabis by including banking provisions in a limited budget proposal approved by a full floor vote. Could the acceptance of standalone banking regulations sap momentum for full scale reform? Big cannabis doesn’t need SAFE.

Banking 52

Banking Marijuana Legislation Packaging 52

SpeedWeed

AUGUST 20, 2021

Late last month, the House took yet another preliminary step towards the regulation of financial services for cannabis by including banking provisions in a limited budget proposal approved by a full floor vote. Could the acceptance of standalone banking regulations sap momentum for full scale reform? Big cannabis doesn’t need SAFE.

Banking 52

Banking Legislation Packaging Business 52

SpeedWeed

AUGUST 19, 2021

Late last month, the House took yet another preliminary step towards the regulation of financial services for cannabis by including banking provisions in a limited budget proposal approved by a full floor vote. Could the acceptance of standalone banking regulations sap momentum for full scale reform? Big cannabis doesn’t need SAFE.

Banking 52

Banking Legislation Packaging Business 52

SpeedWeed

AUGUST 19, 2021

Late last month, the House took yet another preliminary step towards the regulation of financial services for cannabis by including banking provisions in a limited budget proposal approved by a full floor vote. Could the acceptance of standalone banking regulations sap momentum for full scale reform? Big cannabis doesn’t need SAFE.

Access 52

Access Cultivation Banking Legislation 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.

Hemp 52

Hemp Packaging Banking Food 52

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo.,

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo.,

Dispensary 52

Dispensary Banking Legislation Safety 52

Cannabis Law Report

SEPTEMBER 22, 2021

We cannot wait any longer to address this public safety threat. House of Representatives will vote this week on a bill that would let banks do business with cannabis companies without fear of penalty. . billion in legal sales in 2020, according New Frontier Data. — Rep. Ed Perlmutter (@RepPerlmutter) September 22, 2021.

Banking 52

Banking Data Legislation Safety 52

NORML

JANUARY 19, 2020

Update : HB 1648 is scheduled for a public hearing in the House Criminal Justice and Public Safety Committee on 1/23/20 at 1:30pm. Update : HB 1614 is scheduled for a public hearing in the House Criminal Justice and Public Safety Committee on 1/23/20 at 11am. Send a message to your lawmakers in support of banking access.

Legislation 240

Legislation Decriminalization Access Patients 240

Cannabis Law Report

SEPTEMBER 28, 2021

Due to federal restrictions that prohibit banks from providing services to legal cannabis companies, cash and cashless ATM are the only payment options for cannabis consumers and merchants, making the process inconvenient, unreliable and dangerous.

Banking 52

Banking Research and Development Retail Compliance 52

SpeedWeed

MARCH 20, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Cannabis 52

SpeedWeed

MARCH 18, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Business 52

Cannabis Law Report

OCTOBER 28, 2021

grew 30 percent in 2020 to a whopping $22 billion , outpacing the $17.5 Landlords tend to panic at the mere mention of cannabis due to higher insurance costs and most banks’ refusal to mortgage a property used for a cannabis business. Hard Truth 2: Your Business May Not Be Able to Open a Bank Account. billion spent on wine.

Banking 52

Banking Law Business Compliance 52

Canna Law Blog

FEBRUARY 17, 2023

For example, in 2020, a California-based marijuana company sued a competitor for allegedly copying its proprietary strains of cannabis. The illicit market not only undermines the legal market but also poses public health and safety risks as the products sold on the black market are often untested and potentially dangerous.

Banking 80

Banking Legalization Business Cannabis 80

Cannabis Law Report

JANUARY 10, 2020

Starting in 2020, farmers in states that have received USDA approval will be allowed to grow industrial hemp for production purposes as long as the final hemp cultivation contains less than 0.3 This continues to create challenges for marijuana businesses, including access to the payment and banking systems. percent THC. Conclusion.

Banking 59

Banking Marijuana Collective Recreational 59

The Joint Blog

JUNE 2, 2020

3, 2020 Americans will elect a new president- or re-elect the present President of the United States. Trump again tried to strike the policy to protect states’ rights on medical marijuana from the fiscal year 2021 proposed budget plan he released in February 2020. A large section of the public cares about cannabis.

Decriminalization 29

Decriminalization Recreational Advocacy Policy 29