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Is Congress Closer to Reforming the Cannabis Industry’s Access to Financial Services?

Veriheal

Historically, it has been difficult for cannabis-related businesses to access reliable financial services due to its illegal federal status. The SAFE Banking Act will provide state and federal protection to financial institutes providing services to cannabis-related businesses. CRO Financial Services: The SAFE Banking Act.

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The Medical Marijuana and Cannabidiol Research Expansion Act Has Passed

Veriheal

The Drug Enforcement Administration (DEA) is now mandated to approve applications to be manufacturers of marijuana-derived, FDA-approved drugs under the bill. Rescheduling cannabis and decriminalizing cannabis do not mean the same thing for federal legalization. The law gives the U.S. Descheduling Cannabis.

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NationalLink Inc. Celebrates 25th Business Anniversary in Providing Complete ATM Solutions and Serving Cannabis Businesses

SpeedWeed

The act would transfer agency functions with regard to cannabis from the Drug Enforcement Administration’s (DEA) jurisdiction to the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), the Department of Health and Human Services (HHS) and the Department of the Treasury. .

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The Week in Weed: January 17, 2020

The Blunt Truth

Pretty much every news outlet that covers cannabis has a piece on this, Marijuana Business Daily has a nice round-up that’s free to access. The DEA is moving to offer proposed regulations for researchers who want to grow cannabis; the regulations are currently under review by the Office of Management and Budget.

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The Future of Federal Marijuana Laws Remains Dazed and Confusing

NewsMunchies

As of this writing, cannabis remains a prohibited Schedule 1 drug, defined by the DEA as having “no currently accepted medical use and a high potential for abuse.” . Most Americans have access to either medical or adult-use cannabis under state laws. Although, marijuana may be one of the truly bipartisan issues in the U.S.

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Update on Cannabis Administration and Opportunity Act

Cannabis Law Report

Drug Enforcement Agency (DEA) to the Alcohol and Tobacco Tax and Trade Bureau (TTB), the Bureau of Alcohol Tobacco Firearms and Explosives (ATF). Decriminalization of Cannabis, Recognition of State law Controlling Cannabis. It would transfer primary agency jurisdiction over cannabis from the DEA to the FDA, TTB, and ATF.

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New Kid on the Block: States Reform Act

Canna Law Blog

Mace’s bill, while decriminalizing cannabis completely and getting it off of schedule I, would also have the Feds regulate cannabis like alcohol while deferring ultimately to the states on licensing and other commercial regulations. Here are the other main business and regulatory highlights as we see them: Role of the FDA and USDA.

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