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Credit Union and Banking Update for Hemp and Marijuana Industries

Greenspoon Marder Cannabis Law Group Blog

Last week, the National Credit Union Administration (NCUA) issued interim guidance stating that federally insured credit unions may provide certain financial services to legally operating hemp businesses. The need for cannabis businesses to have access to banking services continues to gain federal support.

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Cannabis Industry: The Latest Takeaways

The Blunt Truth

Industry expert panels discussed market trends, private equity, venture capital, family offices, and banking, as well as commercial real estate, which I had the opportunity to moderate. Banking – here, too, experts caution that there won’t be advancements until the feds legalize.

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Are 504 Private Placement Security Offerings Allowed in Cannabis Businesses?

Canna Law Blog

Why aren’t banks more involved? Despite adoption by a growing number of states, marijuana is (still) federally illegal. Federal laws preventing money laundering and other financial crimes create regulatory hurdles so significant for most major banks to service cannabis businesses that it just isn’t worth the compliance burden.

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Chemistree Investee ImmunoFlex™ Completes Clinical Study and Submits US and International Patent Applications

Cannabis Law Report

The Company’s corporate strategy is to focus on opportunistic investments across a broad range of industries, and is seeking to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s management expertise. federal law.

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Canna Law Blog – Harris Bricken: Top 6 Ketamine Clinic Questions Asked and Answered

Cannabis Law Report

Cannabis cannot be lawfully prescribed by physicians; physicians can only “recommend” its use to patients based on individual state laws that identify who qualifies as a patient for its use. Cannabis faces an overall lack of access to financial institutions as well as IRC 280E, and ketamine certainly does not.

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The Ethical Cannabis Lawyer

Canna Law Blog

It was the first conference for the ABA’s new Global Cannabis section and the first live event I’ve done since COVID started. In denying the motion, the Georgia Supreme Court deferred obsequiously to federal law and the illegality of cannabis. Other states, most recently New York, have taken a close look at 8.4(b)

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Important Facts About California Marijuana Laws

The Herb Collective

Delivery For Everybody Good news for everyone aged over 21 in California who wants to get their hands on legal cannabis – official codes have now been put in place to ensure that even people living in “ban towns” can access tested and taxed cannabis legally.

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