Cannabis Law Report

JUNE 15, 2022

The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products. On June 8, 2022, the U.S.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

AUGUST 30, 2019

US Senator Mike Crapo (R-ID) , chairman of the Senate Committee on Banking, Housing and Urban Affairs, expressed interest in addressing banking issues facing cannabis businesses operating legally in their states. The SAFE Banking Act (H.R. The SAFE Banking Act (H.R. Governor Ducey (R-AZ) opposes legalization.

Banking 45

Banking Research and Development Legislation Programs 45

Connor & Connor PLLC

AUGUST 30, 2018

In that case, the IRS audited a Colorado business licensed for the cultivation and sale of medical marijuana. The IRS uses a variety of indirect methods of proof including: the bank deposits analysis (most common), net worth analysis, cash-t analysis, and the mark-up method. Commissioner , T.C. 2017-2011.

Business 49

Business Marijuana Banking Collective 49

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. Calm N Collective co-owner Ronald Bass claims that the tip is baseless and originated from a disgruntled former employee.

Vaping 45

Vaping Research and Development Seed-To-Sale Hemp 45

Cannabis Law Report

JANUARY 13, 2020

So while the actual practice or use of a patented cannabis-related invention may be illegal under federal or some state laws, such illegality should not preclude issuance of a patent, if all of the requirements of patentability are met. a contractual falling out between bank robbers). Pure Hemp Collective, Inc.

Extraction 59

Extraction Collective Supply Chain Strains 59

Cannabis Law Report

AUGUST 8, 2019

The cultivation, possession, distribution (etc.) Whilst English law presumes that English criminal statutes do not extend to acts wholly undertaken outside the U.K., to be paid into his Spanish bank account and allowed the fraudsters to withdraw money from that account. does not form part of the Spanish bullfighter exception.

Legalization 40

Legalization Banking Compliance Compliance 40

Cannabis Law Report

DECEMBER 1, 2019

This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. States Legalizing Marijuana. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed. 15, 2019, [link] ).

Marijuana 59

Marijuana Business State Laws DEA 59

Cannabis Law Report

AUGUST 6, 2019

The nation collectively hopes that marijuana is indeed concurrently or subsequently re/de-scheduled out of the research-prohibitive Schedule 1 category into the Schedule 2 or Schedule 3 category. ” CannaMD , outlining marijuana laws from state to state , explains that “This question comes down to federal versus state law.”

Marijuana 40

Marijuana Research and Development Programs Collective 40

The Cannigma

MARCH 12, 2021

There are no payment systems, there’s no banking and cannabis. But they were talking about a lot of like cultivators and consultants, who advise medical patients. And if patients aren’t there, then the demand for the cultivators isn’t there or the service providers or whatnot in it goes to pot very quickly.

Legalization 128

Legalization Patients Education Dispensary 128

Cannabis Law Report

MARCH 25, 2019

Congress could pass a law that would legitimate marijuana activities, but only to the extent an individual or commercial enterprise acts within the letter of state law. State-compliant cannabis activity would no longer violate federal criminal law. Emphasis added). 1960), and the BSA.

Banking 45

Banking Law Marijuana State Laws 45

The Cannigma

NOVEMBER 23, 2021

In our conversation with Otha, we talk about how Tetragram has been able to help its patients, how federal and state laws affect access to medical cannabis and what we can expect of government legislation in the coming years. Even you buy to be the same cultivator. CP: It’s overwhelming, right? CP: Give me the highlights.

Data 52

Data Patients Access Wellness and Beauty 52