Canna Law Blog

SEPTEMBER 26, 2019

Back in March, former Food and Drug Administration (“FDA”) Commission, Scott Gottlieb, explained it would take several years for the agency to come up with rules that would legalize the use of hemp-derived cannabidiol (Hemp-CBD) in food products, unless Congress stepped in.

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Hemp Law CBD Banking 87

Cannabis Law Report

JULY 2, 2019

The world of marijuana banking has been rife with compliance risks for years. Legal Hemp Growing. The Farm Bill changes the classification of hemp to an agricultural product. This allows the use of hemp fiber, which is generally used for rope, clothing, and other materials, as well as CBD oil. July 1 2019.

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Banking Hemp Marijuana Compliance 40

Canna Law Blog

JANUARY 11, 2020

We are heading into the first decade of scaled commercial hemp production in the United States since the 1920s. Hemp is legal. The international market is taking form and access to banking services is expanding. But the USDA’s interim rules governing the production of hemp threaten significantly this economic juggernaut.

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THC Hemp Supply Chain Concentrates 104

Cannabis Law Report

APRIL 8, 2022

HEMP ROUNDTABLE BOARD MEETS WITH U.S. The Nation ’ s Hemp Advocacy Organization Coordinated A Full-Day Of Meetings On Capitol Hill To Advocate For FDA regulation Of CBD, SAFE Banking, And The Hemp Advancement Act . Hemp Roundtable conducted a “D.C. Fly-In” on Capitol Hill, meeting personally with U.S. 841 and H.R.

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Hemp Banking Policy CBD 52

Canna Law Blog

JANUARY 29, 2019

In December 2018, Congress passed the Agricultural Improvement Act of 2018 (better known as the “ Farm Bill ”). Among other things, the passage of the bill removed industrial hemp from the federal Controlled Substances Act, allowing legal production of the crop. the Food and Drug Administration’s role in hemp CBD.

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Hemp CBD Topical Food 93

Canna Law Blog

APRIL 24, 2020

This is a significant burden on the marijuana industry but as you can see from the response above, hemp producers are not disqualified from federal relief thanks to the Agriculture Improvement Act of 2018 aka the 2018 Farm Bill. To be eligible, agricultural businesses will need to show they have been hurt economically by COVID-19.

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Hemp Agriculture Food CBD 56

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. Specifically, the federal agency is to review and approve “plans” submitted by states and Indian tribes that choose to hold primary regulatory authority over hemp.

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Hemp Supply Chain Agriculture Banking 70

Cannabis Law Report

FEBRUARY 3, 2022

House Bill 4016 – Mortarium on Cannabis & Hemp Producer Licenses. 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.

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Banking Legislation Hemp Programs 52

Cannabis Law Report

MARCH 10, 2022

Ward and Smith’s Hemp and Cannabis Law attorneys recently attended the fifth annual Industrial Hemp Summit. Breaking from past tradition, this year’s Industrial Hemp Summit was held at the North Carolina Biotechnology Center in the Research Triangle Park. USDA’s Commitment to Hemp.

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Hemp Research and Development Supply Chain Data 52

Canna Law Blog

FEBRUARY 20, 2019

Congress passed the Agricultural Improvement Act of 2018 (better known as the “ Farm Bill ”) in December 2018 which removed hemp from the federal Controlled Substances Act. This further resulted in hemp-based cannabidiol or “hemp-CBD” legalization. the Food and Drug Administration’s role in hemp-CBD.

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Hemp CBD Topical Food 68

WeedAdvisor

JUNE 10, 2019

If passed, this bipartisan bill would demolish an obstacle that has plagued banks and dispensaries alike. Due to the clashes between laws in legal states and federal laws – which maintain that marijuana is illegal – banks fear federal prosecution if they handle money from otherwise legal dispensaries. Banking Policies. .

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Banking Dispensary Legislation Decriminalization 49

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. The bill allowed for federally sanctioned hemp production governed by the USDA. hemp economy. DENVER — The U.S. It also gave states, U.S.

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Hemp Agriculture Policy Cannabinoids 45

Cannabis Law Report

MARCH 13, 2019

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. The new practice leverages the firm’s in-depth cannabis and hemp industry knowledge and expertise of the tax implications, regulatory environment, as well as critical operating and financial procedures.

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Hemp Business Banking Concentrates 71

NORML

APRIL 5, 2019

Governor Janet Mills (D) of Maine signed legislation into law to allow the production and retail sale of hemp-derived CBD products. Governors Doug Burgum (R) of North Dakota and Henry McMaster (R) of South Carolina signed industrial hemp production legislation into law. Click here to email your lawmakers in support of banking access.

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Legislation Banking Hemp Compliance 190

NORML

JUNE 23, 2019

Governor John Bel Edwards (D) of Louisiana signed legislation into law to deschedule hemp and hemp-derived CBD from the state’s list of controlled substances. Click here to email your lawmakers in support of banking access. Senate Bill 45 would make this policy consistent for juvenile offenders. CA resident?

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Legislation Hemp Decriminalization Agriculture 190

Cannabis Law Report

JUNE 14, 2019

Agriculture Commissioner Nikki Fried announced Monday a new Medical Marijuana Advisory Committee, which she says will collaborate with the Florida Department of Agriculture and Consumer Services to help improve the state’s medical marijuana policies. Here are the details care of Sunshine State News.

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Agriculture Marijuana Research and Development Policy 40

The Blunt Truth

DECEMBER 26, 2019

In February, we saw the first ever Congressional hearing on cannabis banking. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). In the world of hemp, marijuana’s straight-arrow cousin, the Department of Agriculture released guidelines for importing hemp seeds.

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Banking Hemp Agriculture Seed-To-Sale 71

Cannabis Law Report

SEPTEMBER 24, 2019

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

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Banking Law Compliance Compliance 40

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.

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Hemp Business Cultivation Banking 70

Canna Law Blog

OCTOBER 9, 2020

On September 17, I , along with my colleagues, Griffen Thorne and Vince Sliwoski , held a webinar entitled “Hemp CBD Q&A,” a recording of which is available on our blog. Does any state have a model law(s) governing the licensing of in-state hemp processors? This is due, in part, to the grey legality of Hemp CBD products.

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Hemp CBD Research and Development THC 53

Canna Law Blog

JANUARY 14, 2019

We’ve got you covered on California, hemp, FDA and CBD. A few months ago, I wrote a blog post about the precarious state of industrial-hemp derived CBD in California. Since then, as everyone knows, President Trump signed the Agricultural Improvement Act of 2018 (or “Farm Bill”). Hemp CBD in Food/Beverages in California.

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Hemp CBD Food Seed-To-Sale 86

NORML

FEBRUARY 22, 2019

Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Senate Bill 1003 / House Bill 2273 to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. AZ resident?

Legislation 180

Legislation Hemp Compliance Compliance 180

Cannabis Law Report

SEPTEMBER 12, 2021

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. He also said that he feels legalization at the federal level is an inevitability. Here’s his full presentation.

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Banking Law Legalization Hemp 89

Cannabis Law Report

SEPTEMBER 12, 2022

Before 1937, industrial hemp was legal and used for clothing, paper, rope, and fuel. Hemp was grown by our forefathers—even required of early colonists. plant illegal, including hemp, a sturdy low THC variety. Hemp was briefly re-legalized in World War II to make canvas and other items requiring the strength hemp provides.

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Hemp CBD Food Extraction 52

Cannabis Law Report

APRIL 26, 2022

Known for its harsh anti-drug policies, Thailand became the first country in South East Asia to legalise medical cannabis in 2018, with the legislation passing in February 2019. This legislative support, coupled with our rich legacy as an agricultural powerhouse, primes Thailand as a leader in the cannabis space.”. In 2020, 8.6%

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Legislation Agriculture Research and Development Banking 52

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.

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Legislation Decriminalization Hemp Patients 169

NORML

MAY 10, 2019

Senate Democratic Leader Chuck Schumer and House Democratic Caucus Chairman Hakeem Jeffries announced their intentions to introduce legislation known as the Marijuana Freedom and Opportunity Act, to remove marijuana from the Controlled Substances Act (CSA), thus ending the nearly century-long federal policy of criminalization and prohibition.

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Legislation Hemp Compliance Compliance 149

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.

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Banking Legalization Safety Research and Development 71

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 172

Legislation Patients Access Seed-To-Sale 172

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. Senate Bill 1353 seeks to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations.

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Legislation Hemp Patients Compliance 137

NORML

FEBRUARY 15, 2019

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. ” At a more local level, the decriminalization policy in Dayton, Ohio went into effect this week. HI resident?

Legislation 164

Legislation Hemp Compliance Compliance 164

NORML

JUNE 28, 2019

Governors Ron DeSantis (R) of Florida signed industrial hemp production legislation into law. 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. CA resident?

Legislation 109

Legislation Access Decriminalization Patients 109

Cannabis Law Report

JANUARY 10, 2020

Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. Historically, the legality of cannabis—a generalized term used to describe the plants from which both marijuana and industrial hemp are derived—has evolved over time in the United States. percent THC.

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Banking Marijuana Collective Recreational 59

NORML

APRIL 2, 2019

We will be taking many more in-depth looks at the 2020 race as it progresses, including potential primary challengers on the Republican side, but first we wanted to provide an overview of all the currently announced Democratic candidates, along with their record and policy statements when it comes to marijuana legalization. The Senators.

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Marijuana Legislation Policy Legalization 278

Cannabis Law Report

APRIL 15, 2022

Dave Joyce (R-OH), Hakeem Jeffries (D-NY) and Brian Mast (R-FL) are teaming up on what’s titled the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment Act (PREPARE) Act—an incremental reform meant to inform comprehensive cannabis policy changes in the future. Department of Agriculture.

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Legalization Marijuana Safety Environment 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. .

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Business Dispensary Hemp Agriculture 52

NORML

APRIL 26, 2019

After Governor Kristi Noem of South Dakota vetoed a bill to regulate industrial hemp production last month, the legislature is set to study the topic during the interim session. Legislation is pending, Senate Bill 225, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations.

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Legislation Compliance Compliance Hemp 149