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Industrial Hemp and the Banks: Slow Going

Canna Law Blog

Since late December, we’ve had many clients come to us with frustrations about the ongoing lack of access post-Farm Bill, and questions about how things will play out in 2019. We represent a handful of banks (and a larger handful of credit unions), and we give those outfits advice on banking hemp and marijuana. Stay tuned.

Banking 72
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Florida Agriculture Commissioner Announces State Medical Marijuana Advisory Committee

Cannabis Law Report

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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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. Send a message to your lawmakers in support of medical marijuana access. Legislation is pending, Senate Bill 697, to expand access to medical marijuana. IN resident? NH resident?

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The USDA Releases Guidelines for Federal Loans for the Hemp Industry

Veriheal

Since hemp was federally legalized under the 2018 Farm Bill, it is now considered an agricultural commodity like any other crop. The US Department of Agriculture (USDA) has even taken several steps to sync the market with its various programs and services. A recent memo provides clarity for lenders.

Hemp 52
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Weekly Legislative Roundup 3/8/19

NORML

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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Weekly Legislative Roundup 2/22

NORML

Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities. Click here to email your lawmakers in support of access in healthcare facilities. Click here to email your lawmakers in support of banking access. California.

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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions. Additionally, stigma and misinformation surrounding medical marijuana persist, impacting public perception and patient access.