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Banking Woes and Wins for Hemp-CBD

Canna Law Blog

Our firm represents a number of financial institutions and even a federal agency on banking state-legal cannabis. The number one question we have received lately is: “do you know a bank or credit union that will bank my hemp-CBD business?” And here’s why.

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In Massachusetts, Cannabis Cultivation Workers Can Unionize

Veriheal

While retail cannabis employees typically have good experiences, cultivation workers such as trimmers might experience something completely different. This is good news for cannabis cultivation workers in Massachusetts because unionization rules vary from place to place and are also different at the state level versus at the federal level.

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Even AI knows why IL cannabis prices are too high

Illinois News Joint

The reason for this can be traced back to the regulations and limited cultivator licenses put in place by the state government. One of the main reasons for the high cost of cannabis in Illinois is the limited number of cultivator licenses that have been issued by the state.

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Four Federal Agencies Release Guidelines for Banks Working with Hemp Industry

The Joint Blog

On Tuesday a coalition of federal agencies released a joint statement noting that financial institutions including banks and credit unions may work with individuals and businesses involved in the hemp industry. “This statement provides banks with background information on the legal status of hemp, the U.S.

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Colorado Department of Agriculture OKs 6 More Pesticides for Use on Cannabis

SpeedWeed

As mayor, Kerr supported cannabis legalization, voted in favor of an ordinance authorizing cannabis cultivation in the city, voted in favor of an ordinance authorizing the operation of medical cannabis dispensaries, and voted to authorize the distribution, transportation and testing of medical cannabis, among other commercial cannabis activities.

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Group to begin work on Alabama’s new medical cannabis program

Cannabis Law Report

The law directs the commission to set up rules to allow companies to apply for licenses to cultivate, produce, transport, and sell the products by Sept. The legislation allocated the slots to appointees with certain professional backgrounds, such as medicine, agriculture, and pharmacy. Ivey appointed Dr. William Saliski Jr.,

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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

Some examples of plant-touching businesses include: Cultivation and breeding: Cultivators and breeders are essential parts of the industry. Financing: Because cannabis is still illegal at the federal level, most banks won’t provide loans to cannabis companies. If you want to grow industrial hemp, the U.S.