NORML

MARCH 8, 2019

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?

Legislation 166

Legislation Patients Access Seed-To-Sale 166

NORML

FEBRUARY 22, 2019

Legislation is pending, House Bill 2980, to amend the Illinois Banking Act and the Illinois Credit Union Act in a manner that facilitates banks and other financial institutions to safely conduct transactions with licensed marijuana businesses. Click here to email your lawmakers in support of banking access. IL resident?

Legislation 176

Legislation Hemp Compliance Compliance 176

Canna Law Blog

MARCH 22, 2019

Department of Agriculture (“USDA”) held a public meeting during which hemp stakeholders shared their opinion on the promulgation of rules to regulate the crop. All expressed concerns regarding testing procedures, interstate transportation of the crop, access to banking, and guidance from the Food and Drug Administration (“FDA”).

Hemp 70

Hemp Supply Chain Agriculture Banking 70

NORML

MARCH 22, 2019

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Senate Bill 45 would make this policy consistent for juvenile offenders. The measure would allow adults 21 and over to possess up to 224 grams of marijuana and cultivate up to 24 mature plants in their home.

Legislation 133

Legislation Hemp Patients Compliance 133

SpeedWeed

APRIL 24, 2021

With 21 existing cultivation centers, the state has taken the approach to ensure this cash crop leads the way toward earth-friendly industrial agriculture. CS : The Department of Agriculture had a tight timeline for the environmental regulations for H.B.

Environment 52

Environment Agriculture Seed-To-Sale Legislation 52

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts. That is changing.

Hemp 69

Hemp Business Cultivation Banking 69

Cannabis Law Report

MARCH 13, 2019

tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting. Will Banks get a Hit of the Cannabis Industry? Home » Blogs » Will Banks get a Hit of the Cannabis Industry?

Hemp 71

Hemp Business Banking Concentrates 71

Cannabis Law Report

DECEMBER 23, 2019

Most Temporary Cultivation licenses Expired. Many Cultivation operators slid in their applications before the Jan 1, 2019 deadline which resulted in an April expiration date. July 2019 – Hemp Cultivation Registration. . Then, in April 2019. November 2019 -USDA issued interim final hemp production regulations. .

Law 59

Law Banking Hemp Retail 59

Canna Law Blog

SEPTEMBER 21, 2022

Among the problems marijuana businesses face such as lack of access to banking and onerous taxation stemming from IRC 280E is the lack of access to bankruptcy proceedings. In re: Great Lakes Cultivation, LLC , No. After receiving its license, the company additional funding from investors to purchase agricultural and security products.

Marijuana 66

Marijuana Business Access Decriminalization 66

SpeedWeed

FEBRUARY 20, 2021

The value of hiring a professional lobbyist compared to the price you pay for bad policy. The saying, “If you’re not at the table, you’re on the menu,” comes to mind when I reflect on the evolution of cannabis policy in Washington. The value of having a background in agriculture as a cultivator. .

Agriculture 52

Agriculture Business Cannabis Policy 52

SpeedWeed

FEBRUARY 20, 2021

The value of hiring a professional lobbyist compared to the price you pay for bad policy. The saying, “If you’re not at the table, you’re on the menu,” comes to mind when I reflect on the evolution of cannabis policy in Washington. The value of having a background in agriculture as a cultivator. .

Business 52

Business Dispensary Hemp Agriculture 52

Otherside Farms

FEBRUARY 14, 2019

Even during the Second World War it was so important to the military that farmers who cultivated it and their children were exempt from military service. With this farm bill, Growers can buy insurance policies for their crops, apply for subsidies and loans, and deduct their tax expenses, like any other farmer.

CBD 65

CBD Legalization Hemp Chronic Pain 65

NORML

MAY 31, 2019

Legislation is pending, The Cannabis Regulation and Tax Act, to regulate the use, possession, cultivation, and retail sale of adult use marijuana. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of expanded patient access. The bill now heads to the governor’s desk.

Legislation 109

Legislation Access Banking Hemp 109

SpeedWeed

MARCH 10, 2021

Every city, town, and municipality in the country has its own unique set of policies. Understanding the policy ecosystem is critical to how you will conduct operations, apply for a license, and of course, where you open your business. . Cultivation (indoor and outdoor). Take California for example. Retail dispensaries.

Business 52

Business Banking Seed-To-Sale Research and Development 52

Canna Law Blog

OCTOBER 9, 2020

That said, most states where processing is allowed mandate that processors secure a license from their state Department of Agriculture and comply with a wide range of regulations, including but not limited to testing and record keeping requirements. Most banks still seem to be on the sidelines and fees are DOUBLE for CBD retailers.

Hemp 53

Hemp CBD Research and Development THC 53

SpeedWeed

MARCH 6, 2021

Mike Crapo (R-ID), then chair of the US Senate banking committee, indicated he was considering a 2% THC cap on cannabis products produced or sold by businesses that want secure financial services under the SAFE Banking Act, which is still in motion. In 2019, Sen. In response to prohibitionist attacks on patients in Florida, Ag.

THC 52

THC Patients Law Chronic Pain 52

Cannabis Law Report

JANUARY 15, 2019

The statute, regulations and IRS policy provide basis for the abatement of all of the asserted delinquency penalties under IRC§ 6651(a) and the accuracy related substantial understatementpenalty contained in IRC Sec. of Food and Agriculture “CDFA” [Cultivation] and the California Dept.

Business 58

Business Dispensary Cannabis Compliance 58

NORML

MARCH 29, 2019

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. It now awaits consideration by the U.S.

Legislation 162

Legislation Decriminalization Hemp Patients 162

NORML

APRIL 5, 2019

Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. Senate Bill 45 would make this policy consistent for juvenile offenders. 333 was unanimously approved by the Agriculture and Natural Resources Appropriations Subcommittee on 4/2. California.

Legislation 182

Legislation Banking Hemp Compliance 182

Cannabis Law Report

AUGUST 6, 2019

They are paying attention, slowly formulating bits and pieces of vital international, federal, and state public marijuana policy. “ The supply-and-demand model provides the basic economic framework for drug policy. Florida Department of Agriculture and Consumer Services. Think again. Florida Department of Cannabis.

Marijuana 40

Marijuana Research and Development Programs Collective 40

Cannabis Law Report

OCTOBER 12, 2021

an internationally recognized investment banking firm, to assist AUDACIOUS with its $15 million capital raise. Also, in the same 3-month time frame, AUSA with its acquisition of ALPS, has entered the global Sustainable Controlled Environment Agriculture Industry, a rapidly growing segment of the global horticulture market.

Supply Chain 52

Supply Chain Conditions Events Business 52

Cannabis Law Report

JANUARY 10, 2020

Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. v This coincided with changes in enforcement policy from the U.S. Department of Agriculture (USDA). Is the Colorado Marijuana Industry Showing Signs of Maturation? Department of Justice (DOJ).

Banking 59

Banking Marijuana Collective Recreational 59

Cannabis Law Report

FEBRUARY 3, 2022

HB 4016 authorizes the Oregon Liquor and Cannabis Commission (OLCC) and Oregon State Department of Agriculture (ODA) to unilaterally issue moratoriums on the issuance of new marijuana and hemp producer licenses. House Joint Resolution 205 – State Banking. A state bank run by the State of Oregon could provide these financial services.

Banking 52

Banking Legislation Hemp Programs 52

NORML

JUNE 28, 2019

Click here to email your lawmakers in support of banking access. Senate Bill 45 would make this policy consistent for juvenile offenders. 315 was scheduled for a hearing in the House Agriculture Committee on 6/26/19. Update : SB 51 is scheduled for a hearing in the Assembly Business And Professions Committee on 7/9/19.

Legislation 107

Legislation Access Decriminalization Patients 107

The Cannigma

OCTOBER 10, 2021

The following year, Greek lawmakers approved a law to allow the cultivation and processing of medical cannabis with up to 0.2% tetrahydrocannabinol (THC), which was followed in 2021 by the approval of a bill to legalize the cultivation and sale of medical marijuana with more than 0.2% A survey carried out in 2004 found that 8.6%

Legalization 88

Legalization Seed-To-Sale Cultivation Patients 88

Cannabis Law Report

JUNE 25, 2021

From the South, McKay has a long history of business and civic involvement, serving on community and company boards including US Bank, The Daily Beast, Pike Place Market, Mary’s Place, Pilchuck School of Glass, and Seattle Opera. Brie Kralick, Director of Cultivation Operations, Hava Gardens.

Research and Development 99

Research and Development Media Pets Medicine 99

Cannabis Law Report

AUGUST 30, 2019

The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production. The SAFE Banking Act (H.R. The SAFE Banking Act (H.R. The guidance will be updated once the US Department of Agriculture finalizes its hemp regulations and guidelines.

Banking 45

Banking Research and Development Legislation Programs 45

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. We are not going to attempt to tackle the myriad policy issues of this alternative, but we do have some observations.

Legalization 58

Legalization Collective DEA Banking 58

Cannabis Law Report

DECEMBER 19, 2019

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. WASHINGTON – Senate Banking Committee Chairman Mike Crapo (R-Idaho) is inviting public feedback on ways to address public health and money laundering concerns with cannabis banking.

Banking 71

Banking Legalization Safety Research and Development 71

Cannabis Law Report

SEPTEMBER 5, 2019

Let’s see if we can provide an example of how we approach a group of promoters that have decided that they want to form, capitalize, license and operate a cultivation operation and a companion cannabis extraction operation in California. Cultivation licenses are overseen by the CalCannabis division of the California Dept.

Business 11

Business Cannabis Extraction Dispensary 11

Meadow

DECEMBER 24, 2017

And those licenses, you’re only able to apply for them if your address is at a state fairground or an agricultural district, which to be honest I still can’t really tell you what an agricultural district is, I’ve been told it’s like a small fairground. Those are not going to get you your tax break. Is your manufacturer licensed?

Packaging 40

Packaging Retail Edibles Wellness and Beauty 40

Canna Law Blog

FEBRUARY 17, 2023

A few years ago I wrote a somewhat tongue-in-cheek blog post titled, “Cannabots – Are the Robots Coming For Your Weed,” which discussed the application of robotics to the cultivation of marijuana. In that post I cited several articles discussing the use of robots as farmers, restaurant workers, fashion models, and even lawyers.

Banking 81

Banking Legalization Business Cannabis 81

NORML

APRIL 26, 2019

Update : SB 225 was heard by the Senate Committee on Agriculture, Conservation and Forestry on 4/24/19. Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. Click here to email your lawmakers in support of banking access. AL resident? California.

Legislation 144

Legislation Compliance Compliance Hemp 144

Canna Law Blog

NOVEMBER 16, 2021

This includes bills on banking (see the SAFE Banking Act , which has passed the House no less than five times) and overall federal legalization (see the MORE Act as well as its sister Senate legislation, the Cannabis Administration Opportunity Act (“CAOA”)). ” SBA fairness.

DEA 88

DEA Business Banking Food 88

Cannabis Law Report

OCTOBER 29, 2019

Department of Agriculture released historic regulations Tuesday that will govern the production of hemp as an agricultural commodity in the U.S. After decades of being inappropriately classified as a narcotic, hemp is finally going to start being treated as an agricultural commodity in the U.S. DENVER — The U.S.

Hemp 45

Hemp Agriculture Policy Cannabinoids 45

Canna Law Blog

NOVEMBER 12, 2019

The state Department of Food and Agriculture oversees 3,830 farmers.” To wrangle and control a new industry unlike any other is incredibly difficult and many challenging policy and legal decisions have to be made by these regulatory bodies without any assistance (or budget) from other branches of state and federal governments.

Banking 77

Banking Cannabis Vaping Business 77

Cannabis Law Report

NOVEMBER 22, 2019

Senate Banking Committee Chairman Mike Crapo (R-ID) said that an impeachment trial could delay consideration of cannabis financial services legislation, but no moreso than anything else that requires floor time. Additionally, the City Council discussed a moratorium on industrial hemp cultivation and manufacturing.

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Vaping Research and Development Seed-To-Sale Hemp 45