Banking Collective DEA Recreational 
The Blunt Truth
DECEMBER 31, 2020
Massachusetts decided that medical dispensaries could remain open, but recreational shops had to close. was just one of several states facing problems with signature collection. Senator Mitch McConnell (R-KY) objected to including cannabis banking in federal relief programs. Recreational shops reopened in Massachusetts.
The Blunt Truth
MAY 15, 2020
The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. You will also recall that recreational stores were forced to close.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Blunt Truth
MARCH 5, 2020
Although recreational sales were expected to begin this month, they’ve been postponed until June. A group called Regulate Marijuana Like Alcohol filed a petition to legalize recreational marijuana. The Department of Agriculture delayed a requirement that the DEA conduct all THC testing on hemp crops. FEDERAL NEWS.
Canna Law Blog
OCTOBER 10, 2022
The federal government collects vastly more money from the marijuana industry with IRC 280e in place than if 280e were excised from the tax code tomorrow. Then of course there is the DEA, which continues to maintain that marijuana is among the most dangerous substances known to humankind. (It So do many states.
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. For a number of reasons Congress must direct serious attention to whether a distinction should be made between medical and recreational use of cannabis.
Cannabis Law Report
SEPTEMBER 20, 2019
They write… In this week’s edition: Plans to vote on cannabis banking legislation announced in both chambers of Congress, with predictions that House will pass the SAFE Act by the end of October. DEA increases the cannabis research quota. Idaho is the home state of Senate Banking Committee Chairman Mike Crapo.
Cannabis Law Report
SEPTEMBER 1, 2021
This prohibition stands in contrast to the 18 states that have “legalized” recreational cannabis use and the 37 states that have enacted laws regulating cannabis use for medical reasons. 10] Without bank accounts, these businesses must make tax payments in person, in cash, at regional IRS offices. Introduction.
Expert insights. Personalized for you.
109 
Let's personalize your content