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SAFE Banking Act passes the US House of Representatives by vote of 321 to 103!

Cannabis Law Report

House of Representatives approved the Secure and Fair Enforcement (SAFE) Banking Act 321-103. Neal Levine of the Cannabis Trade Federation states … The bipartisan SAFE Banking Act ( H.R.1595 It aims to address the state-legal cannabis industry’s lack of access to banking and other financial services.

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Credit Union and Banking Update for Hemp and Marijuana Industries

Greenspoon Marder Cannabis Law Group Blog

The guidance offers reassurance to credit unions following the 2018 Farm Bill, which federally legalized hemp, but failed to address banking in the hemp industry, leaving the banking industry uncertain as to their capacity to legally serve the industry. Last week at a CannaGather event in New York City Rep.

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Visit the Cannabiz Media Team at CannaCon Midwest Detroit

SpeedWeed

The 2-day event is jam-packed with opportunities to learn and network. The Importance of Food Safety in the Cannabis Industry. Business / Legal / Finance Seminars: Cannabis Business and Banking Solutions. Reducing Labor Cost and Product Waste Utilizing RFID-based Compliance Solutions. Marijuana Regulation in Michigan.

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Chemistree Investee ImmunoFlex™ Completes Clinical Study and Submits US and International Patent Applications

Cannabis Law Report

federal law, a Schedule I drug or substance has a high potential for abuse, no accepted medical use in the United States , and a lack of safety for the use of the drug under medical supervision. Strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under U.S. federal law.

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National Credit Union Administration (NCUA) Critcizes Congress On Their Tardiness On Reforming Cannabis Laws.”The bottom line is this: Legalization in some form is going to happen, and the abdication of responsibility to address these issues in Washington is simply ludicrous.”

Cannabis Law Report

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. Here’s his full presentation. September 2021. NCUA Board Member Rodney E. Board Member Rodney E.

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The Worst Cannabis Hazards (Still) around in California

Canna Law Blog

Interestingly enough, it’s safe to say that the chaos that commenced with initial licensing under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MAUCRSA”) has never really abated. In any event, certain bad and/or bizarre behavior persists. No real banking options.

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The Perils of Cannabis Transport Without Legal Advisement

Cannabis Law Report

In any event, at its basic level, the transport of how much cannabis an individual may or may not possess is governed at the state level under the applicable criminal/cannabis code legislative sections. Upcoming Events. We’re left asking – what exactly did Britney possess and is it in fact illegal in Russia? ICBC Berlin.