Canna Law Blog

JANUARY 11, 2020

We are heading into the first decade of scaled commercial hemp production in the United States since the 1920s. Hemp is legal. The international market is taking form and access to banking services is expanding. But the USDA’s interim rules governing the production of hemp threaten significantly this economic juggernaut.

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THC Hemp Supply Chain Concentrates 104

Canna Law Blog

SEPTEMBER 26, 2019

Back in March, former Food and Drug Administration (“FDA”) Commission, Scott Gottlieb, explained it would take several years for the agency to come up with rules that would legalize the use of hemp-derived cannabidiol (Hemp-CBD) in food products, unless Congress stepped in.

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Hemp Law CBD Banking 87

NORML

APRIL 5, 2019

Governor Janet Mills (D) of Maine signed legislation into law to allow the production and retail sale of hemp-derived CBD products. Governors Doug Burgum (R) of North Dakota and Henry McMaster (R) of South Carolina signed industrial hemp production legislation into law. CA resident? Legislation is pending, H. Update : H. FL resident?

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Legislation Banking Hemp Compliance 190

NORML

FEBRUARY 22, 2019

Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Senate Bill 1003 / House Bill 2273 to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. AZ resident?

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Legislation Hemp Compliance Compliance 180

Veriheal

SEPTEMBER 1, 2022

banking and insurance). Provision of equipment parts, substances, or testing services “needed to produce marijuana, hemp or extracts therefrom and to comply with the law, rules and regulations for testing” Sale, leasing, or renting of real estate. The proposed legislation, H.R. What Business Services Would the CLIMB Act Protect?

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Business Banking Legislation Cannabis 138

NORML

JUNE 23, 2019

Governor John Bel Edwards (D) of Louisiana signed legislation into law to deschedule hemp and hemp-derived CBD from the state’s list of controlled substances. Click here to email your lawmakers in support of medical cannabis access at school. Click here to email your lawmakers in support of banking access.

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Legislation Hemp Decriminalization Agriculture 190

WeedAdvisor

JUNE 10, 2019

If passed, this bipartisan bill would demolish an obstacle that has plagued banks and dispensaries alike. Due to the clashes between laws in legal states and federal laws – which maintain that marijuana is illegal – banks fear federal prosecution if they handle money from otherwise legal dispensaries. Banking Policies. .

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Banking Dispensary Legislation Decriminalization 49

NORML

MARCH 29, 2019

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. It now awaits consideration by the U.S.

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Legislation Decriminalization Hemp Patients 169

NORML

MARCH 8, 2019

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. AR resident?

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Legislation Patients Access Seed-To-Sale 172

Cannabis Law Report

JUNE 14, 2019

Agriculture Commissioner Nikki Fried announced Monday a new Medical Marijuana Advisory Committee, which she says will collaborate with the Florida Department of Agriculture and Consumer Services to help improve the state’s medical marijuana policies. Here are the details care of Sunshine State News.

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Agriculture Marijuana Research and Development Policy 40

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. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

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Hemp Business Cultivation Banking 70

NORML

MAY 10, 2019

Governor Eric Holcomb (R) of Indiana and Governor Ned Lamont (D) of Connecticut signed industrial hemp legislation into law. Legislation is pending, Senate Bill 236, to allow qualifying patients with certain debilitating conditions to use and safely access medical cannabis. AL resident? CO resident? Connecticut. IA resident?

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Legislation Hemp Compliance Compliance 149

Cannabis Law Report

SEPTEMBER 12, 2021

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. Here’s his full presentation. September 2021. NCUA Board Member Rodney E. Board Member Rodney E.

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Banking Law Legalization Hemp 89

Canna Law Blog

OCTOBER 9, 2020

On September 17, I , along with my colleagues, Griffen Thorne and Vince Sliwoski , held a webinar entitled “Hemp CBD Q&A,” a recording of which is available on our blog. Does any state have a model law(s) governing the licensing of in-state hemp processors? This is due, in part, to the grey legality of Hemp CBD products.

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Hemp CBD Research and Development THC 53

NORML

FEBRUARY 15, 2019

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. House Bill 324 seeks to expand and facilitate patients’ access to medical cannabidiol (CBD) products. GA resident?

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Legislation Hemp Compliance Compliance 164

NORML

MAY 24, 2019

Legislation that would have significantly expanded patient access to medical cannabis in Rhode Island was held in a senate committee for further study, ultimately killing the bill. Legislation is pending, Senate Bill 236, to allow qualifying patients with certain debilitating conditions to use and safely access medical cannabis.

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Legislation Hemp Access Patients 170

NORML

JUNE 28, 2019

Governors Ron DeSantis (R) of Florida signed industrial hemp production legislation into law. Click here to email your lawmakers in support of medical cannabis access at school. Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities.

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Legislation Access Decriminalization Patients 109

NORML

MARCH 22, 2019

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Legislation is pending, Senate Bill 59, to expand medical cannabis access. Legislation is pending, House Bill 673 / Senate Bill 1430, to expand medical cannabis access. DE resident? HI resident?

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Legislation Hemp Patients Compliance 137

Cannabis Law Report

DECEMBER 19, 2019

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. WASHINGTON – Senate Banking Committee Chairman Mike Crapo (R-Idaho) is inviting public feedback on ways to address public health and money laundering concerns with cannabis banking.

Banking 71

Banking Legalization Safety Research and Development 71

NORML

MAY 31, 2019

Legislation is pending, Senate Bill 236, to allow qualifying patients with certain debilitating conditions to use and safely access medical cannabis. Click here to email your governor in support of medical cannabis access. Click here to email your governor in support of industrial hemp production. AL resident? AL resident?

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Legislation Access Banking Hemp 111

Cannabis Law Report

JANUARY 28, 2019

Vote Hemp Releases 2018 U.S. Hemp Crop Report Documenting Industrial Hemp Cultivation and State Legislation in the U.S. WASHINGTON, DC —Vote Hemp, the nation’s leading grassroots hemp advocacy organization, has released its 2018 U.S. Hemp Crop Report. Hemp Crop Report, please visit: [link].

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Hemp Cultivation Legislation Digestion 40

Cannabis Law Report

APRIL 26, 2022

of Thailand’s GDP came from agriculture, forestry and fishing , according to the World Bank, while tourism accounted for up to 18% of the country’s GDP before the Covid-19 pandemic. This legislative support, coupled with our rich legacy as an agricultural powerhouse, primes Thailand as a leader in the cannabis space.”.

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Legislation Agriculture Research and Development Banking 52

NORML

APRIL 26, 2019

At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. After Governor Kristi Noem of South Dakota vetoed a bill to regulate industrial hemp production last month, the legislature is set to study the topic during the interim session.

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Legislation Compliance Compliance Hemp 149

Cannabis Law Report

JUNE 16, 2019

Congressional Funding Bill Protects Cannabis Banking and Lets DC Legalize Marijuana Sales . . Federal officials would be blocked from punishing banks for working with marijuana businesses under an annual spending bill released by congressional Democratic leaders on Sunday. Read more. . The top law enforcement officials from 38 U.S.

Banking 40

Banking Seed-To-Sale Hemp Agriculture 40

Cannabis Law Report

FEBRUARY 21, 2019

O ver the past few weeks I’ve had a chance to speak with Chad Frey and get to hear more about his journey in the role of COO and Co-Founder of Cannabis CRE Capital as well as his role as CEO of Attilah, whose wholesale model aims to engage a New Hemp Renaissance. They ’ re making sure the consumers are safe, they ’ re doing it right.

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Hemp Education Wellness and Beauty Seed-To-Sale 65

Cannabis Law Report

MARCH 3, 2020

OTCMKTS: HEMP).”. OTCMKTS: HEMP).”. The article also highlights Hemp, Inc. In this interview Bruce shares the latest news from around the country and about Hemp, Inc. – Unfortunately, OTC’s statement on its website continues to cause a misunderstanding regarding Hemp, Inc.’s s reporting status.

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Hemp Seed-To-Sale Education Research and Development 59

The Cannigma

OCTOBER 10, 2021

The history of cannabis in Greece can be traced back to the ancient Greeks and Romans, who used hemp fiber for boat sails, ropes, clothes, and much more. In 2017 , Deputy Minister for Agriculture Yiannis Tsironis called for the legalization of cannabis cultivation for personal use. How do Greeks generally view marijuana?

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Legalization Seed-To-Sale Cultivation Patients 88

Cannabis Law Report

JANUARY 10, 2020

Historically, the legality of cannabis—a generalized term used to describe the plants from which both marijuana and industrial hemp are derived—has evolved over time in the United States. In the late 1800s, industrial hemp was a common crop, grown predominantly in Kentucky. Department of Agriculture (USDA). Agriculture.

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Banking Marijuana Collective Recreational 59

SpeedWeed

FEBRUARY 20, 2021

The challenges of living without access to affordable and traditional financing. When I first started my farm, I knew I could not access small business startup funding from my bank. The value of having a background in agriculture as a cultivator. . So, I chose to use my savings and income from my corporate day job.

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Business Dispensary Hemp Agriculture 52

SpeedWeed

MARCH 24, 2021

In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. I spent 25 years in community banking and I loved it. So what was that like for you?

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Compliance Compliance Banking Data 52

NORML

APRIL 2, 2019

When elected to Congress in the 1990s, he co-sponsored legislation that would have allowed for access to medical marijuana. While serving in the US House of Representatives, he co-sponsored several bills including; The Veterans Equal Access Act , The Respect State Marijuana Laws Act, The CARERS Act, and The Industrial Hemp Farming Act.

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Marijuana Legislation Policy Legalization 278

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.

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DEA Business Banking Food 89

SpeedWeed

APRIL 24, 2021

With 21 existing cultivation centers, the state has taken the approach to ensure this cash crop leads the way toward earth-friendly industrial agriculture. CS : The Department of Agriculture had a tight timeline for the environmental regulations for H.B. MM : What about hemp, Jason?

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Environment Agriculture Seed-To-Sale Legislation 52

Cannabis Law Report

JUNE 28, 2022

The commercial regulated cannabis industry, which includes both industrial hemp and marijuana, is in its infancy. No one really knows whether the substance Griner was caught with was a derivative of hemp or marijuana. There is tremendous confusion about hemp-derived products, such as CBD, and whether they are legal.

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Legalization Supply Chain Hemp Cannabis 52

Cannabis Law Report

AUGUST 30, 2019

This week: The National Credit Union Administration affirms that credit unions may provide financial services to hemp businesses. The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production. The SAFE Banking Act (H.R. The SAFE Banking Act (H.R.

Banking 45

Banking Research and Development Legislation Programs 45

Veriheal

DECEMBER 1, 2020

Favorable cannabis reform laws would also lead to things like businesses accepting charitable contributions, the banking industry seeing a massive surge in their customer base, and more. Gains for the Agricultural Sector. Currently, there are only five states that have no legal access to any form of cannabis.

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Agriculture Cultivation Cannabis Strains 52

CannaMD

APRIL 15, 2020

Because many of these patients are among our more vulnerable populations, it is essential that they maintain uninterrupted, regulated access to lab-tested products during this time. Allow State-Legal Business Access To Banking Services. There are several million state-licensed medical cannabis patients in America.

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Policy Patients Dispensary Banking 55