Access Banking Collective DEA 
Canna Law Blog
DECEMBER 6, 2022
As we blogged about last week, the SAFE Banking Act is trying to claw its way back from the dead during this lame duck session of Congress. Interestingly, on December 2, Punchbowl News reported that the Department of Justice (DOJ) issued a memo outlining its “issues” with the SAFE Banking Act. Section 280E.
Cannabis Law Report
SEPTEMBER 1, 2021
3] Further, notwithstanding the determination of the Drug Enforcement Administration (DEA), which is required to defer to the Department of Health and Human Services’ assessment that cannabis has no acceptable medical utility, 37 states and four territories have enacted laws allowing for the medical use of cannabis products. [4]
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SpeedWeed
JULY 17, 2021
Legal weed businesses would be able to open bank accounts, access loans, or list on the US stock market. If passed, the bill would transfer most of the regulatory authority over cannabis from the Drug Enforcement Administration (DEA) to the Food and Drug Administration (FDA).
Cannabis Law Report
APRIL 24, 2019
The STATES Act passes in Congress, the President signs it and it becomes law which means that in the states where cannabis is legal : Banking system becomes available to cannabis businesses. The second path would be the administrative action by the Drug Enforcement Agency [“DEA”] and its Diversion Control Division.
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.
Cannabis Law Report
MARCH 25, 2019
The DEA has made previous requests–in 2001 and 2006–to the FDA for an evaluation of marijuana. But DEA regulators determined after both of those reviews that marijuana should remain a Schedule I substance. 1960), and the BSA. 18 U.S.C. §§ 1956-57, 1960; 3 1 U.S.C. §
Cannabis Law Report
JULY 30, 2019
Like others, Dr. Beasley is forced by default to expand her knowledge base through scientific facts that warrant closer inspection and through accessible existing research, with few current cannabis case studies. Cannabis is not a “gateway” drug, according to the ASA and the DEA’s own statements cited in the August 2016 U.S.
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